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Frequently Asked Questions

Accountancy Training FAQ’s
ECDL FAQ’s
SAP FAQ’s
Finance For Non-Financial Managers Qualifiation FAQ’s
Advanced Excel FAQ’s

Accountancy Training FAQ’s:

Why should I do the Financial Accounting manually since not many companies prepare accounts manually?
It may be true that not many companies prepare accounts manually these days, however, in order to appreciate the functions that are performed by a computerised system, and be able to adapt it to different situations, one needs to know
how the accounting information is put together. It is also very important to know the purpose of specific documents produced and used in the accounting system. As an accountant one must be able to design a simple accounting system in
the absence of a computer. Remember that accounting packages are tools to speed up accounts preparation. If you do not know how to prepare accounts practically, there is little help a computer can give you.

Why do I need manual payroll when most companies use computerised payroll system?
Knowing how to prepare payroll manually is very important. In manual payroll, you learn how to use the payroll tables and how to complete Inland Revenue forms. You also learn the legislation behind the various functions in payroll. Secondly, if the computer should breakdown for any reason, the employees will still require payment on the due date.

There are so many accounting softwares in use. Will my Sage 50 be of any help to me?
We train in computerised accounting. Most of the accounting packages are similar in function. Once you know one package you can adapt to others with minimal training. We use Sage 50 in our computerised accounting workshops because Sage is very popular with small and medium sized companies.

Businesses will use spreadsheet for various purposes, but how differently do accountants use it?
Spreadsheet is completely different from a computerised accounting package. It can be used for a thousand and one functions, and there are several ways of doing the same thing in spreadsheet. The use of spreadsheet in accounting concentrates on the saving of time by performing tasks faster with the use of shortcuts, formulae, macros and the various wizards. Data from accounting software are transferred to a spreadsheet to prepare schedules and tables that a computerised accounting package may not be able to prepare.

I am not yet a manager, will I benefit from the management accounting workshop?
Management accounting skills are useful not only to management staff but to any individual. They enhance one’s progression to the top. They can change one’s career to a self-employed consultant, as the ability to prepare budgets, cash flows and business plans are required in any business environment.

Auditing is learnt in practice firms, what will I do with my auditing skills outside a practice?
Learning to audit on the job takes many years to master. In a structured training environment, it can take a just few days to master. Employers, be it in practice or industry and commerce, like to employ people with skills. If you are in industry or commerce, you could save money for your employer by knowing how to prepare for the external audit. You should also be a ready-made material for the internal audit department.

What is Practice Attachment™?
Our full time training is made of two parts, workshops and Practice Attachment TM. Once the workshops are completed you move on to Practice Attachment TM under the supervision of Phillips, Kobbs & Co, a firm of Chartered Certified Accountants and Registered Auditors for a minimum of two days a week.

ECDL FAQ’s:

Do I have to study all 7 units?
To get ECDL certification 7 units (occasionally 8) must be completed. At Ptap ProTech we help you to improve your IT knowledge and skills in all the core areas of Microsoft 2007 including:

  1. Concepts of Information and communication technology
  2. Using the computer and managing files
  3. Word Processing
  4. Spreadsheets
  5. Using Databases
  6. Presentation
  7. Web browsing and communication

Is ECDL a recognised qualification?
The purpose of ECDL is to give people the chance to learn the basic skills required for computers whilst offering them
an internationally recognised qualification. Employers normally ask for evidence of a candidate’s computer proficiency prior to offering them an appointment and the ECDL qualification is excellent proof of this. In general, people find that by studying ECDL they can get more use out of their computers and build up their confidence.

Who’s idea is ECDL?
Many governments in Europe recognised the need to improve the computing skills of their citizens. For this purpose, an ECDL syllabus was jointly agreed throughout Europe to ensure the uniformity of all computer skills.

SAP FAQ’s:

What is SAP?
SAP stands for Systems, Applications and Products in Data Processing. It is used by large organizations to manage their business. SAP has different modules for 21 industry sectors.

Can I get system access to practice?
Yes, you will be given additional system access for the duration of the course.

Can I understand the functionality of the application in real time?
Yes, we discuss examples and real time scenarios for most of the topics in the syllabus.

Is SAP for me?
Any person with some education and business process knowledge considering a career change or upgrading their
skills will benefit from the SAP training and will stand a chance of getting the highest paying positions within the industry. Moreover, the lack of SAP skilled personnel makes it an even more desirable skill to obtain. We suggest that you choose
a module which compliments your experience and background. SAP training develops skills and experience in the practical management and application of technology. It is for everyone - from everyday users to senior management.

Do I need to be certified?
Certification is not a requirement to work as a SAP consultant but it is definitely preferred by most employers.
This training course is designed to allow you to become certified.

Do I have to know software programming before going for SAP Training?
No. You can come from any business background. You are only required to possess business process knowledge.

How does SAP training help? Who can pursue this?
SAP training develops skills and experience in the practical management and application of technology.
It is for everyone - from everyday users to senior management.

How good is the training infrastructure, in comparison to other centres?
We provide a comfortable and professional learning environment. Our training room is fully equipped with the latest computer hardware and software as well as high-quality audiovisual equipment. Controlled class sizes ensure each student has ample access to training facilities as well as individual attention.

What type of position does this training prepare me for? 
It will prepare you for any position within a major corporation that uses SAP to run their business operations.  You will be able to perform functional and technical tasks.  Additionally, your new skills will enable you to pursue SAP consulting positions.

Finance for Non-Financial Managers FAQ’s:

What is the Finance for Non-Financial Managers qualification?
All managers need to understand finance if they are to play an active role in helping their organisation achieve its objectives. Not all managers need the same level of skill and understanding as specialist financial managers, but a good knowledge of the key concepts of prudent financial management – such as modern financial accounting –should equip non-financial managers with the knowledge they require.
This new qualification is designed to provide both employers and employees with independent verification of the financial knowledge of managers who do not directly work within a finance role.

Do I need previous experience in accounting or finance to enrol in this program?
No, this certificate will provide you with the fundamentals of accounting and finance. However, you must have basic mathematical skills.

I am a manager in my current job and have to create budget reports and review my company’s financial statements to determine how my department is performing, how can this certificate help me?

You will learn how to develop budget systems that produce strategic outcomes and how to analyze and interpret financial statements to help make better business decisions.

I operate a non-profit agency and have found that our financial objectives are usually different than private and public companies; what can I expect to gain from this certificate that will add value to my organization?
To better understand the financial condition of the business, this certificate program will help to improve your
bookkeeping practices in order to produce various financial statements, including a cash flow statement, statement of activities and a statement of financial position. Financial planning and analysis is crucial to the financial success and government compliance for your organization.

Advanced Excel FAQ’s:

How can an individual benefit from the Advanced Excel (ECDL) course?
The ECDL Advanced Excel is an internationally recognised qualification which will boost your confidence and efficiency when using the spreadsheet application. You will be able to improve the production of reports with deeper data analysis as well as produce higher quality information. If you are currently looking for a job that utilises IT, this certification will put you ahead of the competition, and if you are already working, it could boost your chances of promotion.

What are the benefits of Advanced Excel for employers?
Training in ECDL Advanced Excel will enable employees to produce higher quality information and manage it more effectively. It will enable your staff to provide more sharply-defined analysis and access key management information which in turn will help your organisation to make better-informed decisions.