• Management Accounting Techniques
• Tax Processes for Business
• Business Awareness
• Financial Accounting: Preparing Financial Statements

Business Awareness

• the transactional processes provided by accountancy firms or the accounting function within an organisation
• the organisation’s business strategy including customer and supplier needs
• how the role fits into the wider organisation and the sector they are working in.

IT Systems and Processes

• accounting transactions eg how to perform reconciliations and correct errors, and how to produce a range of reports using a computerised accounting system
• the systems and processes of the organisation, such as Sales, Purchase, and Payroll
• the use of all relevant office and accounting packages relevant to their job role.

Ethical Standards

• the relevant Ethical Standards to protect their own and the organisation’s professional reputation and integrity
• the importance of upholding relevant codes of conduct

Financial Accounting and Reporting

• the basic elements of double-entry bookkeeping and accounting standards
• how to process financial documents and report financial information to users of accounts
• current standards for basic accounts preparation, to be able to make the necessary end-of-year adjustments
• how to draft final accounts and account for the purchase and disposal of non-current assets
• the basic tax principles to apply current regulations to calculate VAT and submit a VAT return

Management Accounting

• how to recognise and use different accounting approaches
• how to gather, analyse and report income and expenditure data to support decision-making, planning and control

Analysis

• effectively record and analyse financial data at the appropriate level using the organisation’s standard tools and processes
• communicate to all stakeholders to aid decision making and  add value to the organisation.

Communication

• work independently and as part of a team
• communicate both online and orally at all levels, demonstrating strong interpersonal skills and cultural awareness when dealing with internal and external customers
• communicate financial information in a way that non-finance staff can interpret and understand

Produces Quality and Accurate Information

• consistently deliver high quality, ‘right first time’ financial and performance data in a timely fashion in line with the organisation’s requirements, to aid decision making and planning

Uses Systems and Processes

• use appropriate systems and processes to work productively to complete required tasks
• competently use office and accounting packages to maintain the security of accounting information

Problem Solving

• apply techniques to analyse problems and select the appropriate tools to produce solutions, escalating or seeking guidance and support where appropriate.

Embracing Change

• accept changing priorities and have the flexibility to maintain high standards in a changing environment

Adding Value

• identify opportunities to actively engage in the wider business when appropriate
• provide information that positively contributes to influencing business decisions whilst continually striving to improve own working processes and those of the organisation

Ethics and Integrity

• act transparently in all interactions to ensure that they meet the ethical requirements of the profession

Personal Accountability

• take the initiative for own personal development
• take responsibility for completing tasks and meeting expectations
• consistently prioritise to achieve timely outcomes

Productivity

• organise work effectively to achieve required results within deadlines
• perform professionally in pressurised situations and escalate appropriately when necessary

Team Working and Collaboration

• consistently support colleagues to achieve results
• be aware of the role within the team and with others