FINANCIAL CONTROL CLIENT ACCOUNTING TRAINING CONSULTING Providing tailored accounting and consulting solutions across the Channel Islands e: training@offshore.gg t: +44 (0)1481 201320 u: www.offshore.gg Offshore View Les Bas Courtils Road, St Sampson Guernsey, GY2 4BH
Training Your employees are your greatest asset. By supporting your employees with the right training, you will enhance and utilise their skills to their full potential. Given the current economic climate, it is important to invest in your employees to support, maintain, grow and strengthen your organisation. Our courses can be tailored to your business requirements and are available on or off-site, for half or full days, and can include lunch or breakfast courses. We are committed to avoiding death by PowerPoint, and all courses contain exercises and group examples to maximise learning opportunities and deliver engaging education. Our training team have hands-on experience on the subjects they teach, which provides an enriched learning experience. They have a wealth of experience in teaching professional qualifications as well as designing and providing in-house training programmes. As well as our off-the-shelf courses, we can develop courses to suit your requirements and create tailor-made training programmes specific to your organisation s products and processes. Content: Page 3: Our Team Page 6-7: Accountant Development Page 10: System Training Page 12: Contact us Page 4-5: Bookkeeping Page 8-9: Tax and Payroll Page 11: Industry Specific courses
TRAINING Our Team Will Morgan ACA/CA : Director will@offshore.gg In 2001 Will joined Ernst and Young in an audit role and qualified with the Institute of Chartered Accountants of Scotland. After leaving Ernst and Young, Will joined BPP Professional Education in Guernsey as a tutor specialising in accounting and tax. Whilst at BPP Will won several BPP Best Tutor awards. Will founded Offshore in 2007 along with partner John Richardson to provide accounting, training and consulting solutions to numerous regulated and commercial clients in a wide variety of industries. Will has an exceptional knowledge of IFRS, FRS102, US GAAP and IAS, as well as being adept with several accounting systems. Vicky Le Poidevin FCA : Senior Manager vicky@offshore.gg Vicky is a fellow of the Institute of Chartered Accountants in England and Wales with over 15 years experience in the finance sector. She trained with a big four firm and spent time in senior roles in both the Fund and Trust sector before joining Offshore in September 2016. Vicky s previous training experience includes delivering courses for both qualified and unqualified staff at a big four firm, evening classes at a professional training agency and to industry professionals in her role at Offshore. 3
Our Courses As well as the courses listed below, we would be delighted to develop courses to suit your requirements and create tailor made training programmes specific to your organisation s products and processes. If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg. Bookkeeping BKA1 Course: Introduction to Bookkeeping and Accounting - Part 1 BKA1 This course provides personnel new to client accounting with a sound grasp of the basic principles of bookkeeping and accounting. The purpose of accounting Primary statement overview Ledger accounting and T' accounts The trial balance Double entry bookkeeping Basic financial statement preparation BKA2 Course: Introduction to Bookkeeping and Accounting - Part 2 BKA2 Accruals and prepayments Bank reconciliation process This course builds on the lessons learned in course BKA1 to further enhance knowledge of key areas in bookkeeping and accounting. Correction of errors and suspense accounts Overview of property transactions Overview of investment accounting Foreign exchange transactions Accounting for loan transactions 4 All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.
TRAINING Bookkeeping ITCA3 Course: Intermediate Accounting ITCA3 Objective: The objective of the intermediate accounting course is to provide delegates with further knowledge and practical application of accounting issues. Overview of company accounting methodolgy High level overview of key areas of FRS102 and related accounting treatment Interactive industry specific account preparation question and debrief Interactive company account preparation question and debrief Interactive financial statement review question and debrief If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg 5
Accountant Development FRS102 Course: FRS 102 and revised UK GAAP BKF7 Course: Bookkeeper to financial statement preparer FRS102 or full day to include practical exercises. This course provides a refresher on the key changes resulting from FRS102. Overview of the abolishment of UK GAAP FRS 101, 102, 103, 104 & 105 Impact on Guernsey financial sector Accounting policy disclosure Investment property Presentation of financial statements Difference between FRS 102 and FRS 102 Section 1A Review of FRS 102 templates/applications BKF7 One day Price: from 1,195 This course is designed to help bookkeepers transition into competent preparers of financial statements. It would ideally suit candidates solid in their core bookkeeping skill but would like some formal guidance on how to progress to efficiently prepare year-end financial statements. Purpose of financial statements and core principles Trial balance review and year end closing journals including review of: Bank reconciliations Accruals/prepayments ETI/wages reconciliations Trade debtors/creditors Deprecations and fixed assets Intangibles Loans Understanding the impact of FRS 102 Section 1A Are there any shortcuts? / true and fair override / undue cost option Statutory financial statement preparation including tips for processing this efficiently and effectively How to review the financial statement to reduce the risk of inherent errors 6 All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.
TRAINING Accountant Development ARC5 Course: Accounting Refresher FC01 Course: Budget preparation and cash flow ARC5 monitoring FC01 This course provides a refresher on the key areas of GAAP to assist accountants in practice. Price: from 695 Core accounting principles refresher. Including: FRS102, and its impact on the valuation of assets, exceptional items, lease incentives, holiday pay accruals, intercompany loans, and accounting policy disclosures Provisions, contingent liabilities, and commitments Related party transactions Going Concern Post balance sheet events This course is aimed at providing budget holders and approvers with high quality budgeting training enabling them to engage in both annual and ad hoc budgeting. The course demonstrates setting up a cash flow monitoring tool to reliably track future cash flows. Understand the theory of budgeting and forecasting Baseline knowledge sufficient to create a budget and cash flow Have the skills to effectively manage a firms cash flow Tracking budgets to actual results effectively If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg 7
Tax and Payroll POT1 Course: Principles of Tax POT1 Objective: The objective of the Principles of Tax course is to provide delegates with a solid grounding of the principles of Guernsey tax. Introduction to Guernsey tax: Zero 10 Guernsey company taxation Guernsey personal taxation Impact of taxation on running a Guernsey business Taxation workshop and tax computations OT1 Course: Offshore Taxation OT1 Residency and domicile The objective of the Offshore Tax course is to provide a high-level overview of the key tropics surrounding offshore taxation. Trust and Company structures Inheritance tax Capital gains tax Non-resident landlord scheme UK resident non doms Withholding tax Income tax International corporation tax 8 All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.
TRAINING Tax and Payroll VAT4 Course: VAT PR9 Course: Payroll VAT4 An introduction to VAT Option to tax This course provides a high-level overview of the core VAT principle affecting various Guernsey structures. Methods of accounting for VAT VAT administration VAT example PR9 This course will provide participants with an introduction to the operations of a Guernsey payroll and how to deal with common issues or pitfalls they might encounter. Setting up a Guernsey payroll Benefits in kind Payroll software Pitfalls Social Security visits If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg 9
System Training QBB10 Course: QuickBooks - Beginners QBB10 Price: from 500 This course will provide participants new to QuickBooks with hands on experience of this accounting program. How to set up a new QuickBooks file The importance of a well-structured Chart of Accounts How to navigate between the various screens in QuickBooks How to carry out manual postings Setting up customers and vendors Reconciliation of bill payments and banking Reporting functionality QBA11 Course: QuickBooks Advanced QBA11 Price: from 500 This course operate in a work shop style and will aid participants in advancing their QuickBook skills. Automated transactions Uploading data Payroll software ODBC Complex transactions This course can be delivered as a presentation or a one to one session with participants at their offices. This course can be delivered as a presentation or a one to one session with participants at their offices. 10 All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.
TRAINING Industry specific courses In addition, we are delighted to offer the following industry specific courses, all of which can be developed to suit your personal or business requirements. Fund Administration Topic Duration Price Trust & Company Topic Duration Price Introduction to Funds - Part 1 From 695 Bookkeeping for Trust and Companies - Part 1 From 695 Introduction to Funds - Part 2 From 695 Administration of Property Funds From 695 Effective reviews of Private Equity Financial Statements Overview of Corporate Governance for Investment Businesses From 695 From 695 Bookkeeping for Trust and Companies - Part 2 Effective reviews of Trust and Company Financial Statements Overview of Corporate Governance for fiduciary Businesses From 695 From 695 From 695 Accounting for Investments in Fund Structures Full day From 695 Accounting for Investments in Trust and Company Structures Full day From 695 For further information on any of our courses, or if you wish to discuss specific courses please contact us via: e: training@offshore.gg t: +44 (0)1481 201320 u: www.offshore.gg 11
Our Alliances and Contact Information Offshore Consulting is privileged to work with the GTA University Centre to offer a wide range of public courses to finance and non-finance workers. These courses include a range of topics including accounting, taxation and industry specific training, some of which are offered exclusively through the GTA. If you cannot find the course you are looking for in this brochure, please either contact our team as outlined below to discuss your requirement or visit the GTA website ( https://www.gta.gg/ ) to explore further options. Offshore is proud to be accredited as a chartered accountancy practice and a corporate member of the association for project management. e: training@offshore.gg t: +44 (0)1481 201320 u: www.offshore.gg Offshore View Les Bas Courtils Road, St Sampson Guernsey, GY2 4BH