ONLINE ACCOUNTING EXPERIENCE AND INTERNSHIP FOR THOSE WITH NO EXPERIENCE

Three is the weekday or weekend option for the live training, i.e five weekdays or weekends , followed by one month internship.

What you’ll learn

STAGE 1 ACCOUNTING PRACTICAL TRAINING FROM THE SCRATCH

• Introduction to accounting
• Understanding chart of accounts.
• Understanding the principles of double-entry
• Setting up the account of a customer
• Setting up the schedule of sales
• Treating customers invoices
• Setting up the account of a supplier
• Setting up the schedule of purchases
• Treating suppliers invoices
• Preparing the ledger account of the organization
• Ledger account balancing
• Cash payments and receipts allocation
• Bank payments and receipts allocation
• Matching supplier’s payments and customer receipts against the correct invoices
• Performing petty cash and bank reconciliation.
• Debtors and creditors control account reconciliation
• Reviewing aged debtors and aged creditors reports for credit review purposes.
• Processing journal entries
• Understanding prepayments and processing the journal entry
• Calculating depreciation using the straight-line method
• Processing accruals and prepayments
• Treating Director’s loan account
• Suspense account reconciliation
• Treatment of dividends and other income
• Preparing VAT using Standard VAT Scheme and Cash Accounting Scheme
• Preparing the schedule of closing stock
• Preparing closing entries
• Preparing the ledger account
• Preparing the Trial Balance
• Preparing the extended trial balance
• Preparation of monthly financial statements
• Preparing the financial statement using excel.

STAGE 2: ACCOUNTING PRACTICAL TRAINING USING SAGE CLOUD ACCOUNTING

What you’ll learn

• Signing up to sage cloud accounting
• Company setup
• How to add items to sage.
• How to setup customer’s account
• Setting up supplier’s account
• Process customer’s invoices and credit
• Processing supplier’s invoices and credit notes
• Generating customer’s invoices report or statement
• Generating suppliers invoices report or statement
• Add a Bank or credit card
• Upload or post Bank statement transactions to sage
• Allocate Bank receipts and payments
• Splitting Bank expenses
• Attach a document under ; ‘allocate invoice”
• Spool the schedule of closing stock
• Spool the schedule of debtors
• Spool the schedule of creditors
• Spool the Income statement (profit and loss account)
• Spool the statement of financial position (Balance sheet)

STAGE 3: VIRTUAL INTERNSHIP

• A virtual internship is a work placement with us suitable for people that wants to gain valuable employability skills. It is remote, and participants can communicate with their supervisor via Microsoft Teams.

• The program is for a month, and it is intense. A virtual work experience makes your CV attractive and will give you valuable work skills necessary for job interviews and functions.

• Participants will be working on real client projects with a twist to protect our clients’ information. You will be ready for the labour market at the end of the intense program.

What you’ll do

• Prepare 12 months financial statement using sage cloud accounting (100% practical)
• Prepare 12 months financial statement using Excel (100% practical)
• The online presentation is very important; you will be asked to present using any software. E.g Microsoft teams or zoom

• Questions can be sent to your supervisor weekly via Microsoft teams, and you should get a response within 24 hours.
• CV Review and feedback
• Final exam
• Certificate of participation.

Who is this work experience for?

• If you lack practical work experience in accountancy which is stopping you from getting a job, this work experience will be perfect for you.

• If you are fed up with working in a non-accounting-related role and want to start your accounting career, this course is for you.
• If you are getting a lot of rejections from employers and recruitment agencies, then you should be part of this course.
• If you want to know how to properly prepare a year-end or month-year account from the beginning to the end, this course is definitely for you.
• If they are sacking you because of your poor performance, this course is for you.
• If you are a fresh graduate with no experience, then you should join this training.
• If you want to be a full-time freelancer, you should take part in this course.

ONLINE TRAINING

• Stages 1 & 2 will be done online via teams and stage 3 will be done virtually by you. Our online training combines both Microsoft teams training and the virtual internship , i.e. one week in class and access to online tutorials. It also comes with the following advantages;
• Online intensive practical training.
• Course documents
• Ask the tutor questions directly.
• Access to the online course.
• CV review section with immediate feedback.
• Networking section.
• Reference to employers
• Increase your chances of employment, which means we consider you first when employers seek a trained accountant.
• Certificate of completion
• Introduction to entrepreneurship.
• Upon completion, there will be a graduation lunch or dinner buffet party at a fee in a luxury hotel, usually held at the Sheraton, Lagos continental, or Marriot hotel.
• Virtual internship with us (Compulsory)

Throughout the job placement, you would be given a role as an Account Assistance with Victoriahalf. The job placement would be remotely where we will assign a client to you to prepare the year-end account monthly for 12 months using excel and sage cloud accounting and the result will be submitted to your assigned supervisor. Once you complete the job placement, you can include it in your CV to stand out and beat the competition.

Questions can be sent to your supervisor once a week and you should get a response within 24 hours.