Providing tailored accounting and consulting solutionsacross the Channel Islands

t: +44 (0)1481 754900

Guernsey, GY1 1FEu: www.offshore.gg

e: training@offshore.gg Fairbairn House

Rohais, St Peter Port

FINANCIAL CONTROL

CLIENT ACCOUNTING

TRAINING

CONSULTING

Your employees are your greatest asset.

By supporting your employees with the right training, you will enhance and utilise their skills to their full potential. Given the current economic climate, it is important to invest in your employees to support, maintain, grow and strengthen your organisation.

Our courses can be tailored to your business requirements and are available on or off-site, for half or full days, and can include lunch or breakfast courses.

As well as our “off-the-shelf” courses, we can develop courses to suit your requirements and create tailor-made training programmes specific to your organisation’s products and processes.

We are committed to avoiding ‘death by PowerPoint’, and all courses contain exercises and group examples to maximise learning opportunities and deliver engaging education.

Our training team have ‘hands-on’ experience on the subjects they teach, which provides an enriched learning experience. They have a wealth of experience in teaching professional qualifications as well as designing and providing in-house training programmes.

Training

Content:Page 3: Our Team Page 6-7: Accountant Development Page 10: System Training Page 12: Contact us

Page 4-5: Bookkeeping Page 8-9: Tax and Payroll Page 11: Industry Specific courses

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Our Team

TRAINING

Will Morgan ACA/CA : Director

will@offshore.gg

In 2001 Will joined Ernst and Young in an audit role and qualified with the Institute of Chartered Accountants of Scotland. After leaving Ernst and Young, Will joined BPP Professional Education in Guernsey as a tutor specialising in accounting and tax. Whilst at BPP Will won several BPP ‘Best Tutor’ awards.

Will founded Offshore in 2007 along with partner John Richardson to provide accounting, training and consulting solutions to numerous regulated and commercial clients in a wide variety of industries. Will has an exceptional knowledge of IFRS, FRS102, US GAAP and IAS, as well as being adept with several accounting systems.

Vicky Le Poidevin FCA : Senior Manager

vicky@offshore.gg

Vicky is a fellow of the Institute of Chartered Accountants in England and Wales with over 15 years’ experience in the finance sector. She trained with a big four firm and spent time in senior roles in both the Fund and Trust sector before joining Offshore in September 2016.

Vicky’s previous training experience includes delivering courses for both qualified and unqualified staff at a big four firm, evening classes at a professional training agency and to industry professionals in her role at Offshore.

3

Our Courses

As well as the courses listed below, we would be delighted to develop courses to suit your requirements and create tailor made training programmes specific to your organisation’s products and processes. If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg.

Course: Introduction to Bookkeeping and Accounting - Part 2

Code: BKA2Time: Half dayPrice: from £695Overview: This course builds on the lessons

learned in course BKA1 to further enhance knowledge of key areas in bookkeeping and accounting.

Topics:

• Accruals and prepayments• Bank reconciliation process• Correction of errors and suspense accounts• Overview of property transactions• Overview of investment accounting• Foreign exchange transactions• Accounting for loan transactions

BKA2Course: Introduction to Bookkeeping and Accounting - Part 1

Code: BKA1Time: Half dayPrice: from £695Overview: This course provides personnel new

to client accounting with a sound grasp of the basic principles of bookkeeping and accounting.

Topics:

• The purpose of accounting• Primary statement overview• Ledger accounting and ‘T' accounts• The trial balance• Double entry bookkeeping• Basic financial statement preparation

BKA1

Bookkeeping

4All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.

TRAININGTRAINING

Bookkeeping

5

Course: Intermediate Accounting

Code: ITCA3Time: Half dayPrice: from £695Objective: The objective of the intermediate accounting course is to

provide delegates with further knowledge and practical application of accounting issues.

Topics:

• Overview of company accounting methodolgy

• High level overview of key areas of FRS102 and related accountingtreatment

• Interactive industry specific account preparation question and debrief

• Interactive company account preparation question and debrief• Interactive financial statement review question and debrief

ITCA3

If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg

Course: FRS 102 and revised UK GAAP

Code: FRS102Time: Half day or full day to include practical

exercises.Price: from £695Overview: This course provides a refresher on the

key changes resulting from FRS102.Topics:

• Overview of the abolishment of UK GAAP• FRS 101, 102, 103, 104 & 105• Impact on Guernsey financial sector

• Accounting policy disclosure• Investment property• Presentation of financial statements

• Difference between FRS 102 and FRS 102 Section 1A

• Review of FRS 102 templates/applications

• Understanding the impact of FRS 102 Section 1A

• Are there any shortcuts? / true and fair override /undue cost option

FRS102 Course: Bookkeeper to financial statement preparer

Code: BKF7Time: One dayPrice: from £1,195Overview: This course is designed to help bookkeepers transition into

competent preparers of financial statements. It would ideally suit candidates solid in their core bookkeeping skill but would like some formal guidance on how to progress to efficiently prepare year-end financial statements.

Topics:

• Purpose of financial statements and core principles

• Trial balance review and year end closing journals includingreview of:

• Statutory financial statement preparation including tips forprocessing this efficiently and effectively

• How to review the financial statement to reduce the risk ofinherent errors

BKF7

• Bank reconciliations• Accruals/prepayments• ETI/wages reconciliations• Trade debtors/creditors

• Deprecations and fixedassets

• Intangibles• Loans

Accountant Development

6All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.

TRAININGTRAINING

Course: Accounting Refresher

Code: ARC5Time: Half dayPrice: from £695Overview: This course provides a refresher on the

key areas of GAAP to assist accountants in practice.

Topics:

• Core accounting principles refresher. Including:• FRS102, and its impact on the valuation of assets,

exceptional items, lease incentives, holiday payaccruals, intercompany loans, and accounting policydisclosures

• Provisions, contingent liabilities, and commitments• Related party transactions• Going Concern• Post balance sheet events

ARC5 FC01 Course: Budget preparation and cash flow monitoring

Code: FC01 Time: Half dayPrice: from £695Overview: This course is aimed at providing

budget holders and approvers with high quality budgeting training enabling them to engage in both annual and ad hoc budgeting. The course demonstrates setting up a cash flow monitoring tool to reliably track future cash flows.

Topics:

• Understand the theory of budgeting and forecasting• Baseline knowledge sufficient to create a budget

and cash flow• Have the skills to effectively manage a firms cash flow• Tracking budgets to actual results effectively

Accountant Development

7If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg

Tax and Payroll

8

Course: Principles of Tax

Code: POT1Time: Half dayPrice: from £695Objective: The objective of the Principles of Tax

course is to provide delegates with a solid grounding of the principles of Guernsey tax.

Topics:

• Introduction to Guernsey tax:

• Zero 10• Guernsey company taxation

• Guernsey personal taxation• Impact of taxation on running a Guernsey business• Taxation workshop and tax computations

POT1

All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.

OT1 Course: Offshore Taxation

Code: OT1Time: Half dayPrice: from £695Overview: The objective of the Offshore Tax course

is to provide a high-level overview of the key tropics surrounding offshore taxation.

Topics:

• Residency and domicile

• Trust and Company structures

• Inheritance tax

• Capital gains tax

• Non-resident landlord scheme

• UK resident non doms

• Withholding tax

• Income tax

• International corporation tax

TRAINING

Course: VAT

Code: VAT4Time: Half dayPrice: from £695Overview: This course provides a high-level

overview of the core VAT principle affecting various Guernsey structures.

Topics:

• An introduction to VAT• Option to tax• Methods of accounting for VAT• VAT administration• VAT example

VAT4 PR9 Course: Payroll

Code: PR9Time: Half dayPrice: from £695Overview: This course will provide participants with

an introduction to the operations of a Guernsey payroll and how to deal with common issues or pitfalls they might encounter.

Topics:

• Setting up a Guernsey payroll• Benefits in kind• Payroll software• Pitfalls• Social Security visits

Tax and Payroll

9If you would like to find out more about how we can support your training requirements, please contact training@offshore.gg

QBA11 Course: QuickBooks – Advanced

Code: QBA11Time: Half dayPrice: from £500Overview: This course operate in a work shop style

and will aid participants in advancing their QuickBook skills.

Topics:

• Automated transactions• Uploading data• Payroll software• ODBC• Complex transactions

This course can be delivered as a presentation or a one to one session with participants at their offices.

QBB10 Course: QuickBooks - Beginners

Code: QBB10Time: Half dayPrice: from £500Overview: This course will provide participants

new to QuickBooks with hands on experience of this accounting program.

Topics:

• How to set up a new QuickBooks file• The importance of a well-structured Chart of

Accounts• How to navigate between the various screens in

QuickBooks• How to carry out manual postings• Setting up customers and vendors• Reconciliation of bill payments and banking• Reporting functionality

This course can be delivered as a presentation or a one to one session with participants at their offices.

System Training

10All courses can be tailored to include relevant and specific examples across the following industries; Trust Accounting, Fund Accounting, Insurance Accounting, Trading company, generic accounting as required.

TRAINING

Industry specific coursesIn addition, we are delighted to offer the following industry specific courses, all of which can be developed to suit your personal or business requirements.

Fund Administration Trust & Company

Topic Duration Price

Introduction to Funds - Part 1 Half day From £695

Introduction to Funds - Part 2 Half day From £695

Administration of Property Funds Half day From £695

Effective reviews of Private Equity Financial Statements Half day From £695

Overview of Corporate Governance for Investment Businesses Half day From £695

Accounting for Investments in Fund Structures Full day From £695

Topic Duration Price

Bookkeeping for Trust and Companies - Part 1 Half day From £695

Bookkeeping for Trust and Companies - Part 2 Half day From £695

Effective reviews of Trust and Company Financial Statements Half day From £695

Overview of Corporate Governance for fiduciary Businesses Half day From £695

Accounting for Investments in Trust and Company Structures Full day From £695

For further information on any of our courses, or if you wish to discuss specific courses please contact us via:e: training@offshore.gg | t: +44 (0)1481 754900 | u: www.offshore.gg 11

Offshore is proud to be accredited as a chartered accountancy practice and a corporate member of the association for project management.

t: +44 (0)1481 754900

Guernsey, GY1 1FEu: www.offshore.gg

e: training@offshore.gg Fairbairn House

Rohais, St. Peter Port

Our Alliances and Contact Information

Offshore Consulting is privileged to work with the GTA University Centre to offer a wide range of public courses to finance and non-finance workers. These courses include a range of topics including accounting, taxation and industry specific training, some of which are offered exclusively through the GTA. If you cannot find the course you are looking for in this brochure, please either contact our team as outlined below to discuss your requirement or visit the GTA website ( https://www.gta.gg/ ) to explore further options.