Accounting courses

Accounting is all about recording, analysing, and making sense of a company’s financial data to help guide smart decision-making. Often referred to as the 'language of business', it translates numbers into key insights that tell the story of how a business is performing.

Accounting covers a wide range of areas, each with its own focus and purpose. From managing day-to-day financial transactions to ensuring regulatory compliance and providing strategic financial advice, these various branches work together to support the overall financial success and stability of a business.

While bookkeeping and accounting are closely related, they serve different functions in the financial process. Bookkeeping is the foundation, involving organising data, recording transactions and maintaining the books. Accounting builds upon this by interpreting, analysing and summarising financial data to provide financial advice. Both are equally as important for a business’ effective financial management.

Not necessarily. Many introductory courses are designed for individuals without prior experience, providing foundational knowledge and skills. However, advanced courses may require previous accounting education or experience. It's important to review the course requirements before enrolling.

Entry requirements vary depending on the course level. For foundational courses, good GCSE passes in maths and English are typically sufficient. Advanced courses may require A Levels or equivalent qualifications in related subjects. Be sure to check the specific prerequisites for each course.

Accountants have excellent earning potential, with salaries varying based on factors such as experience, location, and the size of the employer. Indeed found that the average accountant salary in the UK in 2024 is £37,047, with the highest paying city for accountants being London.

Entry-level AAT qualified accountants can start at around £25,000 to £30,000 per year. With experience, this then rises to £35,000 - £50,000 for mid-level positions. Senior accountants or those with chartered status can earn £60,000 - £100,000+, especially in leadership roles or specialised fields.

To excel as an accountant, you’ll need a combination of technical and soft skills. Skills highly regarded by employees include:

• Strong numerical and analytical skills
• Attention to detail and accuracy
• Problem-solving abilities
• Proficiency in accounting software and spreadsheets
• Understanding of financial regulations and tax laws
• Excellent communication skills, both written and verbal
• Time management and organisational skills