This course is designed for professionals, students or recent graduates in the creative industry who wish to gain and understanding of the basic concepts and ideas in financial accounting and tax. The course will assist participants to require an understanding of the language used by an accountant, tax man and bank. These skills are of vital importance in the development and growth of any business.

Prerequisites
Participants are required to have a design related qualification or work in the creative industry.

Certification
Certificates are awarded to participants who successfully complete the continual multiple choice assessments online

Course Outline

• Getting Paid: Invoices, Credit Notes, Statements
  
   
• The Paper Trail: Recording cash & Credit Transactions, Maintaining Analysed & Cash Books, Profit Measurement,Proper Books & Records
  
   
• Keeping the Tax Man Happy: Recording VAT & Making VAT Returns, Operation of PAYE & PRSI, Making Returns to Revenue Commissioners, Understanding Income Tax
  
   
• Understanding your Bank Manager: Borrowings & Savings, Interest & Bank Charges, Bank Reconciliations
  
   
• Managing your Business: Budgeting, Pricing, Controlling Overheads
  
   

Design Ireland Skillnet Membership Program offers subsidised training for designers