Tuesday 24 November 2015


Developing study skills

About a month ago I took a test called VARK which identified my preferred learning style. The results came back with a mild visual learning preference which means I understand visual learning easier and more efficiently than what I do with listening, reading and writing and doing practical work.

The different learning styles I used to create activities for my studies were, presenting diagrams which made it easier for me to understand and make an interpretation on the correct context and information. I also emphasized important words or different sentences or bits of information in my work, such as; highlighting and using different colours to underline necessary information.

Strength

My strength is taking information in quickly this helps me in my studies as I can get straight into an activity and don’t have to wait around until it is repeated again.

 

Weaknesses

My weakness is I feel like I need reassurance when completing tasks. This is important within the accountancy role as everything has to be finalized and correct. I would improve this by believing in myself more as majority of the time I am correct but doubt myself.

The only problems I have struggled in the course is revising for computerized accounts as it is all computer based on a certain software and unable to access from home. Therefore everything had to be completed in lesson and done correctly as we couldn’t access It from home and by the next lesson we was on something different.  

When we did a Patrice paper in book keeping we hit some tough questions a few of us worked collaboratively to get through the questions. Each person described how they would approach the question and each person listened and together we would find a suitable way for all of us to hack the question head on.

I could use my learning journal or other resources to help me in the future by posting them on my blog which allows you to go back in and access the things you posted enabling you to remember what you did there and then if It ever came up again  in the future you could access this information.

Thursday 12 November 2015

Swot Analysis

strength
my strength is I have work experience within the working world, this will help me moving into the accountancy world as I am handling money and improving my communication with a variety of different people such as; ages, gender and different nationality. I am being put into different situations and learning how to manage them correctly. These 3 aspects are useful as all three roles are beneficial within the role of being an account.

weaknesses
my weakness is I feel like I need reassurance when completing tasks. This is important within the accountancy role as everything has to be finalized and correct. I would improve this by believing in myself more as majority of the time I am correct but doubt myself.

Tuesday 20 October 2015

computerized accounts part 2

At first we had to refer to the BACS remittance advice notes received from customer and enter the transactions.

We then had to refer the payments made to suppliers and print a remittance advice to accompany the payment.

We then had to refer to the email and imputed the transactions.


Then we had to input the cash sales to ensure we had them on record.


We then had to input a standing order by a recurring entry.


Following on to the petty cash re-imbursement slip and the petty cash vouchers.


Then we had to input journal entries including debit and credit.


we then had to enter a bank statement including interest received from the bank, we then had to reconcile the bank statement if it was not reconciling make corrections towards work.