Accounting for Legal Finance Professionals (Associate Level)

Objective:  The aim of the Accounting certificate is to meet the training needs of those dealing with the preparation and / or use of the annual partnership or limited company accounts in the legal and other professions. It is not intended that this course cover company accounts in more than general principles.

Contents of the Course:

  • Tutorial 1  From Ledger Accounts to Trial Balance
  • Tutorial 2  Introduction to the Framework of Accounting
  • Tutorial 3  Basic Sole Trader Profit and Loss Account and Balance Sheet
  • Tutorial 4  Basic Accounting Adjustments
  • Tutorial 5  More Complex Accounting Adjustments
  • Tutorial 6  Partnership Accounts
  • Tutorial 7  Partnership Accounts: Alteration Arising on Changes of Partners
  • Tutorial 8  Financial Reporting Standards
  • Tutorial 9  Limited Companies
  • Tutorial 10  Outline of Company Accounts
  • Tutorial 11  Auditing and Interpretation of Financial Statements

Each tutorial contains self test questions and an assignment to be submitted for marking

We also highly recommend these ILFM Trainings, to help your in your course : Financial Management for Law Firms


All Inclusive Coursework and Examination Fee:  £495

You are given 18 months to complete the coursework and enter for the exam (each course can be completed sooner).  Please check if you are entitled to any exemptions by holding other relevant qualifications. 

Coursework

  • Full access to online course material
  • Dedicated ILFM tutor, inc one-to-one support
  • Access to students forum
  • Employer updates (if required)
  • Individual Study Plan
  • Full access to student resources online

Exam Preparation

  • Dedicated ILFM tutor (one-to-one support)
  • Sample examination Paper/Questions
  • Exam preparation session (format may vary)
  • Exam preparation material
  • Employer updates (if required)

Examination

  • One Examination Entry Fee included (students wishing to take the exam locally will be required to pay any additional costs incurred)