About the course
This course takes you through the full process of a complete year-end close: reconciliation, accruals, notes disclosures, tax calculation, and filing with HMRC and Companies House.
What you will learn
- How to set up a timeline and checklist for year-end close
- Reconciliation of bank, debtors, creditors, and VAT
- Depreciation, impairment, and valuation rules
- Tax adjustments and calculation of current and deferred tax
- Finalising the annual accounts, notes to the accounts, and filing
Course plan
| Module | Topic | Deliverables |
|---|---|---|
| 1 | Preparation | Checklist, accruals |
| 2 | Reconciliation | Bank, trade debtors, trade creditors |
| 3 | Fixed assets | Depreciation schedule, asset registers |
| 4 | Tax | Tax computation, temporary differences |
| 5 | Reporting | P&L, balance sheet, notes, filing |
Practical checklist
- Lock the period after reconciliation
- Reconcile all ledgers and bank
- Update depreciation and review stock
- Calculate and post tax and VAT
- Generate reports and notes to the accounts, send for signing
Who is this course for?
The course is suitable for owners of small businesses, finance managers, and new accountants who want a structured and practical approach.
Further learning
- Basic bookkeeping: see Accounting Course
- Payroll and employer’s NIC: see Payroll Course
- Invoicing and credit control: see Invoice Course