City and Guilds Award in Accounting and Book-Keeping

The aim of the qualification is to further develop the practices and processes studied to enable candidates to record and interpret financial transactions up to and including final accounts.

Candidates will:

• Prepare final accounts of a sole trader, partnerships, companies and not-for-profit organisations from Conventional and incomplete records
• Prepare year-end and other adjustments associated with the above variety of organisations
• Demonstrate an understanding of accounts through analysis and interpretation

What Careers Can This Lead To?

A range of careers is open to you on completion of these qualifications.

• Accounting technician
• Accounts clerk
• Finance clerk
• Private practice accountant

Candidates will:

• Check and process documents involved in financial record keeping
• Develop skills to carry out routine book-keeping processes
• Develop underpinning knowledge of book-keeping principles
• Prepare statements as a preliminary to financial control.
• Check and correct errors arising from inaccurate/incomplete/missing entries in the ledger and day books
• Provide for depreciation of fixed assets using ledger accounts
• Account for accruals, prepayments, bad debts and provide for doubtful debts
• Prepare individual accounts in purchase and sales ledgers
• Prepare purchase ledger control accounts and sales ledger control accounts
• Complete an extended trial balance.
• Prepare final accounts of a sole trader, partnerships, companies and not-for-profit organisations from Conventional and incomplete records
• Prepare year-end and other adjustments associated with the above variety of organisations
• Demonstrate an understanding of accounts through analysis and interpretation.