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.

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

Here are some top tips on how to get an accounting job in the UK – where to search, how to apply, marketing yourself & great interview tips –  CLICK HERE

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). If you are going to pop in, please let us know so that we can inform reception to prepare a security pass for you otherwise you might get delayed trying to get security clearance.

Book an Appointment instantly!

UK practical work experience in Accountancy programs - all done in our office in Canary Wharf London.

Accounts Assistant
If you want to be hired for an accounts assistant role today and you want to be sure you can do the job well, you don’t want to miss this – CLICK HERE

 

Now,

At TD&A we will help you to 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 or you can also come for evenings: 6:00pm – 9:00pm Tuesdays

Start Date: Call 020 7038 8336 for details

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

Cost: from £99.44 per session

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:

  • 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
  • Anti money laundering compliance awareness

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 8336 or email: accountants@tdanda.co.uk if you are interested in this work experience.

Financial Accountant
Overview:

Financial Accounting Job role

Tired of just doing data entry day in and day out and want something more? Beyond the Trial balance? You have come to the right place.

Accounting jobs will continue to be in demand for the next couple of years due to the increased nature of corporate financial concerns. Many companies are hiring qualified individuals with accounting education, experience, and certifications to oversee the fiscal services within their companies.

Accountancy has an important function in all industries, covering both the public and private sectors. Accounts give an overview of an organisation’s financial status, which is essential for forward planning. Accountancy also plays a fundamental role in ensuring that organisations of any size and nature are being run in a transparent way and identifies financial irregularities.

This work experience training will help you in your role as an accountant to prepare business accounts, either to be reviewed externally, or for internal use by the client itself.

To do this work experience at TD&A;

– You should be a finalist or Qualified ACA / ACCA or educated to degree standard in accounting and should be competent in preparing accounts to trial balance level.

– You must have working knowledge of doing accounts to Trial balance level.

– 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 Saturday. We are also open from 5:00pm to 8:00pm on Tuesdays

Start Date: Call 020 7038 8336 for details

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

Training fee: £164 per session

 Here are the practical skills you will learn:

  • KPI analysis & reporting
  • Financial data analysis using pivot tables
  • Trial balance analysis & corrections
  • Month end & yearend adjustments: Accruals, prepayments, depreciation, capital allowances
  • Control accounts reconciliation (Debtors, Creditors, Bank, Wages)Adjusted Trial balance
  • Credit Control system
  • Producing Balance sheet & profit & Loss account
  • Capital allowances calculation
  • Adjustments to trading profit
  • Completing the CT600 & companies house a/c’s
  • Cash flow projection
  • VAT return reconciliation
  • CV preparation guidance, support & Job success strategy
  • Pivot tables

To start gaining your work experience in month end accounting procedures, please call 020 7038 8336 or email: accountants@tdanda.co.uk to enrol.

Advanced Excel - Pivot Tables & VLOOKUP
Overview:

In the workplace, Excel is one of the most commonly used analysis and reporting tools.

If you are being turned down for accounting jobs because you lack Pivot tables and or VLOOKUP practical experience, here is an opportunity for you to solve that problem once & for all.

You will refer to this experience again & again.

Prior knowledge of of Excel to intermediate level is recommended.

 Here are the details of the Advanced Excel – Pivot Tables & VLOOKUP training:

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. 5:00pm to 8:00pm 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 is the structure:

The approach in this training uses a teaching technique that enables you to master the most fundamental features of Pivot Tables & VLOOKUP relevant to your role as an accountant and you will be able to do that in a fraction of the time needed when learning from conventional text books. Here are some of the unique features of this book:

  • The steps are carefully structured with coloured screenshots & illustrations.
  • Skills taught in the context of real accounting and business problems.
  • The layout is presented on a one to one basis. It’s clear with detailed explanations.
  • The presentation style allows you to learn only the skills that are essential to you as an accountant.
  • There is a practical hands-on involvement – not just theory.

This step by step guide for Pivot Tables & VLOOKUP will enable you to master Excel’s powerful and dynamic functions relevant to you as an accountant helping you make yourself more marketable to employers & recruitment agencies. Get started right away!

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

Professional Accountant
Overview:

Professional Accountant

There are usually four sections in a financial statement report:

  1. A Report by the Directors, giving a business review and their view of the company’s performance and prospects.
  2. A balance sheet, outlining the company’s financial position on the final day of the accounting period (the Yearend). Essentially, this shows what the company owns and what it owes
  3. A profit and loss account, showing the trading performance over the accounting period (usually 12 months). It summarises sales, costs and expenses, profits (or losses), and any tax provisions
  4. Notes, giving more details about the information in the balance sheet and the profit and loss account.

During this work experience training, you will be professionally shown and guided on the steps and ways to do all the above

To do this work experience at TD&A;

– You should be a finalist or Qualified ACA / ACCA or educated to degree standard in accounting and should be competent in preparing accounts to trial balance level.

– You must have working knowledge of preparing accounts to Trial balance level.

– 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 Professional 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 Saturday. We are also open 5:00pm to 8:00pm on Tuesdays

Start Date: Call 020 7038 8336 for details

Requirements: You should ideally have experience to trial balance level and also be a University Accounting student/graduate, ACCA, AAT student/Affiliate.

Training fee: £137.50 per session

 Here are the practical skills you will learn:

Yearend accounts planning & technical work

  • Annual accounts record request
  • Annual accounts briefing meeting
  • Planning checklist

Key steps to perform during technical work

  • Technical completion
  • Accounts file index
  • Accounting working papers
  • Lead schedules: Accruals, prepayments, Debtors, Creditors, Tax, Fixed assets, etc.
  • Manager review of the accounts procedure.

Finalisation and submission of Accounts

 Yearend accounts reports

  • Directors report
  • Profit & Loss Account
  • Balance sheet
  • Notes to the accounts

Annual accounts key ratios preparations

  • Profit ratios
  • Performance ratios:
  • Liquidity ratios
  • Activity ratios

 Managing payroll of a small to medium sized company.

Data analysis

  • Financial data analysis using pivot tables
  • VLOOKUPS & data validation techniques in excel

Business projections & performance appraisal

  • Cash flow projection
  • Ratio analysis
  • Breakeven analysis

Budgeting

  • Sales & operational budgeting

Investment appraisal & management reporting

  • ROI analysis & Investment appraisal
  • Quarterly management account reports

To start gaining your work experience in Professional accounting, please call 020 7038 8336 or email: accountants@tdanda.co.uk 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 per session

Start Date: Call 020 7038 8336 for details

Training fee:  £120 per session

 The practical skills you will learn are:

INCOME TAX, EMPLOYEE BENEFITS & EXPENSES

  • Preparing a Self-assessment tax return SA100
  • Performing basic tax health checks for clients
  • Claiming tax refunds from HMRC
  • 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 – authorisation process
  • Business mileage record & general record keeping for tax purposes

CAPITAL GAINS TAX (CGT), CORPORATION TAX & VAT

  • Calculating CGT
  • Rollover relief claim
  • Gift relief CGT issues
  • CGT EIS deferral relief claim
  • Capital allowances calculation
  • Corporation tax return preparation & submission (CT600)
  • Preparing a VAT quarterly return

PROFIT EXTRACTION & PROPERTY INVESTMENT – THE TAX ISSUES

  • The paper work to have at hand
  • Board minutes for distributable profits
  • Director loan account record
  • Board meeting minutes
  • Dividend voucher & waiver

DEALING WITH TAX INVESTIGATIONS

  • Preparation
  • What to do on the day
  • How to respond to HMRC queries after the visit

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 8336 or email: accountants@tdanda.co.uk.

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. 5:00pm to 8:00pm 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.

VAT return preparation, reconciliation & submission to HMRC
Overview:

This work experience is detailed step by step guide on how to prepare, reconcile and submit a VAT return (UK) to HMRC.

It is on a one to one basis and you will discover 5 simple steps you can apply in very little time to be able to successfully submit a VAT return in a very straight forward way.

You will also receive a full colour manual which has screenshots and guidance on how you will exactly do so go about doing your VAT returns and you will refer to it again and again.

You will be able to use both HMRC software and Sage 50 to submit your VAT returns.

If you made a mistake in your previous return and want to make corrections or adjustments in the current return, never-mind, the steps to do all that are illustrated in this work experience.

If you ever receive a message from HMRC saying they are coming for a VAT visit, this work experience has all the tips for dealing with that.

Here are the details of this work experience:

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

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

Schedule: One day session from 10:00am to 2:00pm Monday to Saturday. The choice of the day is up to you, you choose the day most convenient for you. 

Start Date: Call 020 7038 8336 for details

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

Payment terms: £127 + VAT

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

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