UK Practical Work Experience in Accountancy

If lack of practical work experience in accountancy is stopping you from getting your ideal accounting job, TD&A Certified Accountants based in Canary Wharf London can help you get the work experience you need faster and at a time that suits you.

The work experience fits around your schedules, enroll at anytime and progress at your own pace with expert guidance and mentoring given on a one-to-one basis. The work experience is hands-on (100% practical, not theory) by qualified and experienced Chartered Certified Accountants and don’t worry if you don’t have any experience at all, we will start you off from scratch and build your experience step by step in a systematic and professional manner.

Many of our trainees include ACCA students & Affiliates,  AAT students, CIMA students/Affiliates, university students and graduates in accounting and also those who are already working but want more in-depth practical experience in accounting to move their careers further.Many of the students & graduates secured job interviews and even jobs after the work experience at the firm and were indeed very glad to have come to TD&A to enhance their accounting skills and experience.

You will be given a professional reference and a competence certificate from our firm after your work experience and also helped with job interview tips and career guidance.

If you are free today, you can actually pop in to our office (other than on Sunday) and see for yourself how the work experience is done – live in action and also have the opportunity to speak to some of the trainees and staff about their experience at the firm. Just click on the tab below to book an appointment or call 02070388336 (Mon – Fri: 8:30am to 4:25pm).

Here is what some of our past trainees said about their work experience at TD&A

Book an Appointment instantly!

You can also click on any of the job roles listed below
and view the detailed work experience you will gain.

Accounts Assistant
If you’re looking to kick start or develop a career in accounting then this practical work experience training as an accounts assistant is an ideal stepping stone. Practical areas covered within the work experience training include all aspects of sales and purchase ledger, bank reconciliation, month-end, credit control, VAT, Journals, control accounts.

You will have the opportunity to prepare accounting books to trial balance level of a small to Medium sized company using Sage 50 Accounts and Microsoft Excel. After this work experience you will confidently be able to work as an accounts assistant, bookkeeper, sales ledger clerk and purchase ledger clerk.

 Here are the details of the Accounts Assistant work experience:

Location: 25 Canada Square, Canary Wharf London E14 5LQ

Structure: Hands on Practical Work Experience Training by experienced Accountant(s)

Schedule: Any two days per week from 10:00am to 2:00pm Monday to Saturday for 9 weeks or you can also come for evenings: 6:00pm – 9:00pm Tuesdays

Start Date: Call 020 7038 8046 for details

Requirements: You should ideally be a University Accounting student/graduate, ACCA, AAT student/Affiliate.

Payment terms: Flexible

You will gain practical insight on the double entry system, trial balances, Income statement, Balance sheet, bank reconciliation, credit control, business financial reporting & analysis and Essential Microsoft Excel skills for the financial accounts assistant.

 Areas covered within this work experience included:

  • All aspects of Purchase ledger and sales ledger, that is: setting up customer accounts & supplier accounts, processing customer & supplier invoices & credit notes, reconciling supplier statements, doing payment runs
  • Account opening balances
  • Inputting, matching, batching & coding of invoices
  • Processing & allocating payments and receipts
  • Processing payment runs
  • Debtor & creditor reconciliation
  • Bank Reconciliation in Sage and Excel
  • Aged debtor analysis,
  • Managing Petty Cash
  • Director loan account
  • Systems you will use: Sage 50 or QuickBooks, and MS Excel
  • Preparing accounts to Trial balance
  • Error identification and correction
  • Control Accounts
  • Clearing the suspense account
  • Preparing quarterly VAT returns

By the end of this work experience training you will have a solid understanding of manual and computerised accounting, your competence will increase and you will be able to face the job market with confidence, your chances of securing a role in accounting will also increase significantly as has been the case with many of the trainees who have been to TD&A. Call 020 7038 8046 or email: accountants@tdanda.co.uk if you are interested in this work exeprience

Financial Accountant
Overview:

The Financial Accountant is responsible for preparing the financial accounts for the organisation and ensuring the financial integrity of the statutory accounts.

At the end of a period (typically a year), the following financial statements are prepared to show the performance and position of the business: – Profit & Loss account – Balance sheet – Cash flow statement – Notes to the accounts and the Directors report.

To do this work experience at TD&A;

– You should be a finalist or Qualified ACA / ACCA or educated to degree standard in accounting.

– You must have working knowledge of monthly account reconciliations.

– Have high awareness of current technical accounting and reporting requirements under both IFRS and UK GAAP.

– Be computer literate with good excel skills and solid understanding of accounting software (Sage 50 Accounts) principles.

 Here are the details of the Financial Accountant work experience:

Location: 25 Canada Square, Canary Wharf London E14 5LQ

Structure: One to one hands on Practical Work Experience Training by experienced Accountant(s)

Schedule: Any one day per week from 10:00am to 2:00pm Monday to Friday for 5 weeks or any two days per week for 3 weeks. 6:00pm to 9:00pm on Tuesdays

Start Date: Call 020 7038 8046 for details

Requirements: You should ideally be a University Accounting student/graduate, ACCA, AAT student/Affiliate.

Payment terms: Flexible

 Here are the practical skills you will learn:

  • Review of Accounts Assistant up to Trial balance
  • Maintaining the fixed assets register
  • Control accounts reconciliation (Debtors, Creditors, Bank, VAT, Wages)
  • Performing year-end accounts adjustments: Accruals, prepayments, depreciation
  • Use of journals to make corrections
  • Year-end accounts preparation with notes to the accounts
  • Capital allowances calculation
  • Adjustments to trading profit
  • Corporation tax return – CT600 preparation including computations
  • companies house abbreviated accounts preparation
  • Ratio analysis and key success drivers report production
  • Pivot tables
  • Designing & writing down control policies and procedures for fixed assets & cash
  • Introduction to payroll & dealing with payroll journals.

To start gaining your work experience as a financial accountant, please call 020 7038 8046 or email: accountants@tdanda.co.uk to enrol.

Financial Administrator
Overview:

Financial administration is a vital part of business because it is concerned with an organisation’s resources.

The Financial Administrator is responsible for providing financial, administrative and clerical services in order to ensure effective, efficient and accurate financial and administrative operations.

The Financial Administrator must comply with the Financial Administration Act and Generally Accepted Accounting Principles during the fulfilment of their duties. At TD&A, our aim is to help you gain the hands on experience of working as a financial administrator in a real office environment dealing with real office and business issues.

 Here are the details of the Financial Administrator work experience:

Location: 25 Canada Square, Canary Wharf London E14 5LQ

Structure: Hands on Practical Work Experience Training by experienced Accountant(s)

Schedule: Any two days per week from 10:00am to 2:00pm Monday to Saturday for 10 weeks 

Start Date: Call 020 7038 8046 for details

Requirements: You should ideally be a University Accounting student/graduate, ACCA, AAT student/Affiliate.

Payment terms: Flexible

 Practical areas covered during this work experience include:

  • Practical introduction to Sage Accounts 50
  • The Financial/Accounting cycle of businesses,
  • Introduction to systems and the organisational chart
  • Professional office management
  • Recording and banking card receipts and cash
  • Credit Control
  • Petty Cash management
  • Introduction to nominal ledger principle
  • Prepare, verify and process invoices and coding payment documents
  • Setting up and managing Direct Debits
  • Doing Bank reconciliations in Sage
  • Aged Debtor Analysis and Debtor control account reconciliation
  • Creditor control account reconciliations
  • Clearing the suspense account
  • How to write reports to management
  • How to run a team meeting
  • How to organise a seminar
  • Setting up clients in the database
  • Professional level correspondence and client management
  • How to organise client meetings
  • Social media marketing (LinkedIn, Facebook, Twitter, Instagram)
  • Script writing
  • Introduction to client management (how to get the right clients, how to keep them happy and away from the competitor, how to get referrals from clients)
  • Payroll Accounting
  • How to successfully fill a job vacancy in an organisation

To start gaining your work experience as a financial administrator, please call 020 7038 8046 or email: accountants@tdanda.co.uk to enrol.

Trainee Management Accountant
Overview:

Management accounting is more than just working with numbers and evaluating past financial performance. Management accountants evaluate both financial and non-financial information in an effort to improve the overall current and future performance of an organisation.

The information provided by management accountants helps management within an organisation to make decisions including, but not limited to, which products to offer, how to improve processes, whether to purchase new equipment or software, and how to improve customer relations.

In this  practical work experience training in Management Accounting, you will gain hands on practical experience on how to use financial and non-financial information together to aid in business decision-making You will gain insight into business management (planning, control & decision making) through analysing business performance and structuring cost management and control measures.

Prior knowledge of preparing accounts to trial balance is essential and you should also be very good with excel skills (at least intermediate level) – See the accounts assistant work experience training above

 Here are the details of the Trainee management Accountant work experience:

Location: 25 Canada square, Canary Wharf London E14 5LQ

Structure: One to one hands on Practical Work Experience Training by Chartered Accountant(s)

Schedule: Any two days per week from 10:00am to 2:00pm Monday to Friday for 4 – 8 Weeks. 6:00pm to 9:00pm on Tuesdays

Systems you will use include: Sage 50 Accounts, Advanced excel

Start Date: Call 020 7038 8046 for details

Payment terms: Flexible After doing these practical work experience, you will be competent enough to help an organisation prepare a set of management accounts and do even more finance related tasks.

 Here are some practical skills that you will gain:

  • Financial accounting overview & relationship to management accounting
  • Budget development by using internal, micro & macroeconomic information
  • Breakeven analysis
  • KPI and Variance analysis
  • Cash flow projection
  • Financial data analysis using pivot tables
  • Balance sheet item reconciliations using lead schedules for: Fixed assets,Debtors, Creditors, Tax, Accruals, Prepayments, Reserves
  • Produce a set of management accounts
  • Business performance reporting

Jobs in management accounting are continually being advertised and you need to be well prepared do the job of a management accountant in a professional way and we can help you do that because we prepare management accounts for our clients. Now is the time for you to face management accounting jobs with confidence, come gain experience at TD&A.

Please call 020 7038 8046 or email: accountants@tdanda.co.uk to start gaining your work experience.

Professional Accountant
Accountants play a strategic role within business by providing professional advice, aiming to maximise profitability on behalf of their clients or employer.

This involves activities such as financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, compliance and business growth strategies.

The professional accountant work experience is best suited for those who are already working in accounting or have good experience in accounting to trial balance level but need a lot more exposure to how year-end accounts are professionally prepared and also how to maintain good accounting controls.

You will be gaining practical experience on the key stages and steps in yearend accounts preparation with lead schedules and account working papers. By the end of this practical work experience, you should definitely be able to prepare a whole set of accounts from trial balance level in a very professional way and give strategic business advise in a coherent and profoundly insightful way.

Please note that we will not be able to accept you for this work experience if you have no fundamental practical skills and knowledge of preparing accounts to trial balance level.

This work experience is high end accounting and requires a thorough and confident understanding of the foundation and fundamentals of accounting to trial balance level and a good working knowledge of microsoft excel.

 Here are the details of the professional Accountant work experience:

Location: 25 Canada Square, Canary Wharf London E14 5LQ

Structure: One to one hands on Practical Work Experience Training by Chartered Accountant(s)

Schedule: Any two days (Monday to Saturday) intensive work experience training from from 10:00am to 2:00pm 

Requirements: You should ideally already be working in accounting but want to get more exposure to professional final accounts preparation

Systems you will use include: Sage 50 Accounts, Advanced excel and Accounts Production software

Start Date: Call 020 7038 8046 for details

Payment terms: Flexible

 Here is what you will gain experience in:

  • Key steps to perform during technical work of year end accounts preparation
  • Accounts file index
  • How to make use of accounting working papers
  • How to draw up lead schedules: Accruals, prepayments, Debtors, Creditors, Tax, Fixed assets, etc.
  • How to review the accounts after the technical phase of the preparation procedure.
  • Generating yearend accounts reports such as: Directors report, Profit & Loss Account, Balance sheet, Notes to the accounts,
  • Annual accounts key ratios preparations: Profit ratios, Performance ratios, Liquidity ratios, Activity ratios
  • How to effectively run a finance department of a small business.

After this practical work experience, you will be competent and confident enough to prepare year-end accounts and key business reports and also understand the smooth operations of the finance department of most organisations with a robust knowledge of good financial controls.

You will also be able to face job interviews with a renewed sense of confidence with the skills you will acquire during this work experience. Please call 020 7038 8046 or email: accountants@tdanda.co.uk to find how details of how to enrol.

Tax Accountant
Overview:

Tax accountants specialise in providing advice and guidance about taxation, including ways of managing tax liability and compliance with current legislation. They are concerned with interpreting and explaining taxation legislation to a wide variety of clients. Changes in the annual Budget and recent court decisions mean that tax law is constantly evolving.

Tax accountants must therefore keep abreast of legislative developments and continually review their technical knowledge in order to advise clients of efficient tax compliance, and in order to understand the implications of financial actions.

While numerical and analytical skills are crucial, the role of a tax accountant demands a high level of responsibility and reflection. The ability to communicate well is also vital.

The work experience at TD&A in tax accounting will aim to help prepare you for a successful career path as a tax accountant.

Here are the details of the Trainee Tax Accountant work experience:

Location: 25 Canada Square, Canary Wharf London E14 5LQ

Structure: One to one hands on Practical Work Experience Training by Chartered Accountant(s)

Schedule: Any one day per week (Monday to Saturday) from 10:00am to 2:00pm for 4 weeks

Start Date: Call 020 7038 8046 for details

Payment terms: Flexible

 The practical skills you will learn are:

  • Practical introduction to Tax accounting & valued skills of a tax accountant
  • The basics of tax law
  • How to work with Inland Revenue and Customs & Excise
  • Acting as an agent for a client
  • Record keeping
  • Preparing a VAT quarterly return
  • Performing basic tax health checks for clients
  • Preparing a Self-assessment tax return SA100
  • Calculating & legally minimising client tax liabilities
  • How to effectively claim tax refunds on client behalf from HMRC
  • How to get authorisation to act on behalf of a client with regard to their tax affairs from HMRC
  • Claiming tax back when you have stopped working
  • Corporate venturing scheme compliance
  • Enterprise investment scheme compliance
  • Director loan account
  • Capital gains tax computations
  • Calculating capital allowances
  • Making adjustments to trading profit
  • Preparing a corporate tax return for a small to medium sized company (not part of a group) CT600
  • Tax compliance issues for small to medium sized companies
  • Getting a PAYE scheme as an employer
  • Employee expenses & benefits reporting

After doing this practical work experience in Tax accounting you will face accounting job interviews with a renewed sense of confidence and competence. If tax is what you like doing, we have it covered for you here at TD&A.

Here is what you need to do to start gaining this work experience. Please call 020 7038 8046 or email: accountants@tdanda.co.uk.

Payroll Accountant
Overview:

Payroll accounting covers a wide range of duties and is an essential area in any successful business. The role of the Payroll Accountant has increased in prominence year on year as changes in industry regulation, compliance, legislation and audit controls has required organisations to ensure their payroll and accounting procedures remain both compliant and robust.

TD&A payroll work experience training will help you get a depth of experience in the specific skill set to undertake payroll accounting roles with a proven track record of working on client payrolls.

 Here are the details of the payroll Accountant work experience:

Location: 25 Canada Square, Canary Wharf London E14 5LQ

Structure: One to one hands on Practical Work Experience Training by Chartered Accountant(s)

Schedule: Any two days (Monday to Saturday) from 10:00am to 2:00pm – 5 days training

Start Date: Call 020 7038 8046 for details

Payment terms: Flexible

 The practical skills you will learn are:

  • Practical introduction to payroll accounting
  • The basics of payroll law
  • How to work with Inland Revenue and Customs & Excise
  • Acting as an agent for a client for payroll
  • Record keeping and timesheets
  • How to get a PAYE scheme from HMRC
  • Understanding Tax codes used for PAYE and the coding notice
  • Setting up the payroll
  • Processing weekly and monthly payroll
  • Issuing payslips
  • e.submissions to HMRC (RTI payroll process)
  • PAYE and NI contributions
  • Calculating holiday pay
  • Pension contributions
  • Calculating and processing Maternity pay
  • Calculating and processing Paternity pay
  • Calculating and processing Sick pay
  • Salary Sacrifice, childcare vouchers
  • Updating payroll records
  • Getting net pay summaries
  • Getting year to date payroll summaries
  • Payroll journals
  • Reconciling payroll records
  • Payroll yearend procedure
  • P60’s

Here is what you need to do to start gaining this work experience in payroll accounting. Please call 020 7038 8046 or email: accountants@tdanda.co.uk.

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