The Training Place Blog

AAT Jobs Site   When you’re searching for an accounting position, it is helpful to subscribe to as many job sites as possible in order to be sure that you’re able to apply for a range of roles as soon as they are advertised, no matter which site they appear on. AAT now have a … Read More

Studying Accountancy via The Non-Uni Route – AAT The AAT qualification is open to everyone and anyone and you don’t need any previous qualifications to study with them. A lot of students decide to study AAT as an alternative to university. School leavers decide to do the AAT as a vocational option so they can … Read More

The Dos and Don’ts of a Job Interview What to do: Dress smartly, look bright and attentive, and speak clearly and confidently. Don’t forget that in the first few minutes only 7% of the interviewer’s opinion of you is formed by what you say – the rest is judged on how you look, act and … Read More

Tips for Writing the Perfect CV On average, recruiters will spend 20-30 seconds glancing over your CV, so you need to make sure that they will see that you are their dream candidate fast! Use these tips below to generate their interest and keep it long enough to call you for that interview:   §  … Read More

ABSORPTION & MARGINAL COSTING: Absorption costing This is a costing system where the total manufacturing costs (fixed and variable costs) are charged against the product and are treated as product cost. It sets out each unit of inventory at the total cost to produce it, which will include the fixed production overheads. This can be … Read More

Lets see how you get on with this simple scenario: ·  Where there is an opening debit bank balance of £2,290 and the totals recorded in the cash book for the year ended 30 June 20X1 were: Receipts £259,298 Payments £262,698 Assuming there were no year-end adjustments, what will be the opening balance in the cash … Read More

Scenario: You work for Jules Ltd and a customer’s invoice of £440 has been outstanding for over 1 year and management have decided to write this off as bad debt and the company is not VAT registered.  Double entry posting: DR: Bad Debt account                    £440 CR: SLCA/ Debtors accounts        £440 Reason: In writing off … Read More

The best way to build a healthy personality involves understanding yourself and your feelings.  Self-Disclosure:                                   This is achieved through the simple exercise of self-disclosure. For you to truly understand yourself, or to stop being troubled by things that may … Read More

It has been a great level of achievement for team GB in the Rio Olympic games. What a wonderful performance by all the athletes and what an improvement in the London games. As a nation, there has been a lot of investment into the Olympics; massive research and developments and financial commitments. Have these investments … Read More

What a brilliant job done by all the GB athletes in Rio Olympics games. It is definitely a job well done from so many individuals. I can only just imagine the amount of hard work each of the athletes put into their training programs and for all of such hard work to result in a … Read More