Practical Accounts APP Overview
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Practical Accounts APP Overview

Upgrading Accounts Qualifications, either During or After Course. Practice Accounts Anywhere
5.0 (1 rating)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,362 students enrolled
Last updated 10/2016
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 3 hours on-demand video
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Record a few Business Documents using the Free App
  • Identify, Interpret, Verify, Reconcile, Present and Explain Periodic Reports
  • Identify, Interpret, Verify, Reconcile, Present and Explain Year End Reports
View Curriculum
Requirements
  • Basic Accounting Theory Knowledge
  • Install Practical Accounts Free on Google Play or the App Store.
Description

Mobile Practical Accounts

Upgrading Accounts Qualifications, either During or After the Course

An Off-line opportunity to Practice Accounts Anywhere. Data is saved on the device, Internet is for only Login.

This App provides Documents, Guides, Checklists, & Software for Accounts Practice.

 Practice by Interpreting & Recording integrated Documents. 

 Identify, Interpret, Verify, Reconcile, Present and Explain 90 Periodic & Year End Reports.

Designed to exploit the many benefits of Mobile Devices.

It’s a Cross between Theory, Practical, and Computerised Accounting, bridging the Gap and Imparting Practical Skills.

The Theory is integrated in “?” on all Recording Forms and Reports.

The Practical component is based on Accounting Firm Procedures, integrated in all provided facilities.

The Computerised part is about Automated Processes and Reports.

Customised Recording Forms with Vat, indicating the DR and CR entries, Pre-Selected Accounts, Automated Figures, etc.

Automated Error Checking and Exposure – Reconciliations

Some documents recorded in as little as 45 seconds

For a 5 entry recording, select only 2 accounts, type a single figure and everything once, the rest is automated.

Practice Documents Integrated.

15 Periodic Reports, 65 Accounting Schedules, plus a Dashboard

A 34 Task Periodic Checklist and

A 76 Year End Reports (Schedules) Checklist.

Printable Reports and Checklists

Videos explain the destination of recorded figures, and the source of Reported figures.

Live Question & Answer Sessions Online

Specifically designed for Practical Accounts Training

Recap, Re-inforce, and Acquire Practical Accounting Knowledge, Skills and Experience Desired by Employers.

 Install PRACTICAL ACCOUNTS FREE 

Who is the target audience?
  • Those currently studying an Accounts Course
  • Those who completed an Accounts Course
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Curriculum For This Course
14 Lectures
02:46:58
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Practical Accounts APP Overview
14 Lectures 02:46:58

Brief Introduction

Preview 01:38

Features and Facilities found in the Home Module

Preview 08:54

Diverse Features found in the Miscellaneous Module

2. Miscellaneous Module
19:56

Forms for Recording Receipts, Purchases and Fixed Assets

3 Receipts, Purchases and Fixed Asset Forms
11:46

Forms for Recording Payments,  Credit Cards, and Loans

4 Payments, Credit Cards, and Loans Forms
13:40

Forms for Recording Creditor Transactions.

5 Creditors Recording Forms
12:32

Forms for Recording Debtor Transactions.

6 Debtor Recording Forms
10:27

Periodic Reports on Monthly and Quarterly basis

7 Period Reports
19:58

Tax Extract, Financial Statements and Year End Adjustments

8 Tax Extract, Financial Statements and YE Adjustments
12:57

Vat, Wages & Income Reports at the Year End

9. Vat, Wages & Income Reports
10:37

Expense Reports at the Year End

10 Expense Reports
07:27

Fixed Assets and Stock Reports at the Year End

11 Fixed Assets and Stock Reports
10:46

Current Asset Reports at the Year End

12 Current Asset Reports
13:07

Liability Reports at the Year End

Record the attached Practice Documents as a Trial, using the App "Practical Accounts Free" available on Google Play and the App Store (in 5 Days).

13 Liability Reports
13:13
About the Instructor
FCCA Moses Carson Bakaluba
4.5 Average rating
20 Reviews
3,064 Students
5 Courses
Author

Fellow of the ACCA, DBA, BA/ Educ,

A Practicing Accountant with many years Experience

I designed this course

27 Years Experience Teaching and Training Practical Accounting

Taught at High schools, City College Coventry, and Halifax University Birmingham

Published Author with several Accounts titles

Administrator at the Academy of Practical Accounts (APA), UK.

APA provides Practical Accounts Training to addresses the shortage of Training Facilities in the work environment, plus facilitating the Self Employed with Skills.

The newly qualified in Accounting are not able to deliver at work. The idea of learning at work is only accessible to a few. Many finalists are not offered jobs since employers require practical experience.

APA aims to narrow the gap between what is taught on many courses, and the skills required at work. There is a mismatch between graduates and the crucial skills desired by employers. Its difficult to justify the size of the gap in the 21st Century.

Modern procedures have been modified to save time, overcome weaknesses, adjust to tax report layouts, and are software Oriented.

Most courses deliver Accounting knowledge without the technical or practical skills required in the modern workplace. Many only scratch the Bookkeeping Function, which is the backbone of the Accounting Function. The Accounts File Preparation should be straight forward if the Bookkeeping is done properly from start. However, since Bookkeeping is often left in a mess, Final Accounts Preparation starts by Reviewing Bookkeeping, which is often complicated and stressful.

That is why we have opted for automating the Process, Saving time, and filling in the skills shortage. The task to perfect is the entry of Transactions in the software. And what is left is accessing, presenting, and explaining the Reports.