Whatever your industry, your finance team needs in-depth, up-to-date qualifications to be able to perform effectively. The right training for accounting staff in your business can keep your accounts running smoothly, and help avoid costly errors. So, what is the best training for your accounting staff?
Becoming Association of Accounting Technicians (AAT) qualified will give your staff a thorough grounding in accounting techniques. They will gain essential theoretical knowledge, as well as practical skills directly applicable to their role.
AAT is ideal for staff with no previous qualifications. Starting with the level 2 Certificate, and covering topics like basic costing and the role of an accountant within an organisation, they can work their way up to the level 4 Diploma.
At the highest level, learners gain analytical as well as reporting skills, and can give advice on financial performance. After completing the course in full, your staff will become qualified accounting technicians.
If you are looking for training for accounting staff at a more senior level, the Association of Chartered Certified Accountants (ACCA) qualification is certainly worth considering.
This is a longer commitment, for staff with some experience or previous relevant qualifications (such as AAT). If they have already completed AAT, they will be exempt from the first three units of ACCA, speeding up the qualification process.
Learners gain an understanding of the legal framework accountants work within, and the course places an emphasis on ethical practices. This is ideal for those working in a role with a regulatory focus.
If you need accounting staff to be able to form strategy and manage finances at an advanced level, rather than just report on them, then the Chartered Institute of Management Accountants (CIMA) qualification is a must-have.
CIMA training for accounting staff in a managerial position often takes around four years to complete. As with ACCA, however, exemptions are available; those with the full AAT qualification can skip the Certificate level, and move straight onto the Diploma. This means the course could be completed in as little as two years.
Those who study for the CIMA qualification will develop their ability to plan finances in line with an organisation’s broader goals, and learn to make decisions that contribute towards growth and profit.
Studying around work
Training your accounting staff with professional qualifications doesn’t mean that they will have to take time off work to attend classes.
In fact, all courses can be studied from home, in the learner’s own time. A full time accounting role and gaining a qualification go hand in hand; practical experience reinforces course materials, while gaining new knowledge increases the learner’s professional performance throughout the course.
To find out more about training for accounting staff at your organisation, please get in touch with us below.