Practical Learning Labs are designed for small businesses with 

limited training budgets and comprise face-to-face three hour learning sessions held either at your place of business or at an open forum and moderated by one of our experienced tutors. Each session provides a tailored learning experience in a specific discipline.

DATA PROTECTION

As a business, are you confident you comply with the new Data Protection Regulations? This Learning Lab course raises awareness of the new requirements when the law is introduced in 2018.

This practical Learning Lab run by a chartered accountant takes a 'hands-on' approach to online accounting and covers everything you need to know to be able to use Quickbooks on a daily basis.

QUICKBOOKS (Administration)

BOOKKEEPING

As a business, you often rely on a third party to ensure your accounts' administration is up-to-date.  This Learning Lab provides an invaluable understanding of basic (but essential) bookkeeping needs.

MARKET RESEARCH

Finding out exactly what your existing and potential customers think about the services and products you offer is key. This Learning Lab tells you how and the best methodology to adopt.

As a small business, do you know how tax and social security impacts on you and your employees. All issues are addressed in this Learning Lab including the treatment of business expenses.

Learning Outcomes:

  • What is covered in the new Data Protection Act
  • An individual's rights
  • The handling of personal information
  • Keeping personal information secure
  • The disclosure of personal information

Learning Outcomes:

  • Company Law requirements in Guernsey
  • The Articles of Incorporation
  • The requirements of the company under the law
  • Company resolutions
  • Company meetings, notices and minutes
  • Statutory records
  • Dealing with the Guernsey Registry
  • Accounting records and accounts
  • Audit requirements and exemption from audit
  • The dissolution of Guernsey companies

Learning Outcomes:

  • Navigating around Quickbooks
  • Understanding the menu system
  • Setting-up a company
  • Managing customers and accounts receivable
  • Creating invoices and statements
  • Managing suppliers and accounts payable
  • Entering bank transactions and reconciling accounts
  • Making journal entries
  • Understanding the general ledger and the trial balance

Learning Outcomes:

  • Understanding the need for market research
  • Importance of objective setting
  • Approach and methodologies
  • Sample management
  • Analysis and conclusions
  • Taking decisions based on results
  • Follow-up benchmarking

TAX & SOCIAL SECURITY

Learning Outcomes:

  • Treatment of different types of business
  • Extraction of funds
  • Benefits in kind
  • Pensions
  • Administration of tax and social security

Learning Outcomes:

  • What is bookkeeping
  • Debits and credits
  • Using 'T' accounts
  • Debtors and creditors
  • Accruals and prepayments
  • Fixed assets and depreciation
  • The trial balance
  • Bank reconciliations
  • The profit and loss account
  • The balance sheet

As regulation and compliance become increasingly more complex, this Learning Lab ensures your business is fully aware of local company law and what its legal requirements are.

COMPANY LAW (for small business)

  • Digital Marketing
  • Outsourcing information
  • information transfers
  • Handling a data breach
  • Ensuring legal compliance

SMALL BUSINESS LEARNING LABS