Course Title: ACR - Accounting Academy
ACR-Accounting Academy is a professional training facility that offers in room training education for accountants and finance officers in Rwanda. They provide courses in accounting technologies, taxation, accounting software, and accounting best practices. The academy is not a public or private school, but a professional training facility designed to help accountants and finance officers prepare for any challenges they may face at work. After completing the course, students receive a recommendation letter, a certificate of completion, and job opportunities (not guaranteed)
Duration: 80-100 hours* *Estimate based on past student experience
Ten (10) days (two weeks for theory)
Ten (10) days (two weeks for practical workshops and internships)
Training schedule
*Mon-Fri: 08:00 Am to 02:00 Pm=> During the two weeks for theory :: No lunch
**Mon-Fri: 08:00 Am to 05:00 Pm=> During the two weeks for practice:: Lunch provided
Course overview: Welcome to the ACR-Accounting Academy! We are so excited you decided to take this step, to advance your career in the accounting industry. Since 2019, we have been helping companies in Rwanda navigate through their accounting challenges. We have developed a deep understanding of the practical accounting challenges companies face in Rwanda. For that reason, we have developed the ACR-Accounting Academy, a monthly theory and practical professional accounting training program seeking to:
- Prepare you for a career in the accounting industry
- Get you ready to excel in an accounting role
- Connect you to the employers and recruiters
Learning outcomes: This course covers a wide range of topics, to prepare you for a role in the accounting industry. By the end of this course, you should:
- Understand the core concepts of accounting and how to apply them to real-life work situations
- Understand and identify internal controls in accounting and finance processes
- Know how to use an accounting system (QuickBooks or Sage) and understand how to enter transactions in an accounting system
- Be confident in tax calculation and declaration
- Be ready to solve problems in areal-life accounting concept
- Become RRA-EBM professional user
Required:
- Background in accounting/finance.
- Understanding English as a language of instruction during the training workshop
What ACR provides:
- Training Materials for students
- Computer (Desktop)
- *Breakfast 🥣
- **Lunch
Targeted Audience:
- Junior Accountants at entrance level.
- Fresh graduate accountants from universities/Colleges
- Sinior accountants in public and private institutions
- Accounting freelancers
- Junior auditors
- independent accounting and tax consultants
- Private bookkeepers and secretaries
- Independent tax advisors
Final assessment: To receive your Certificate of Completion, you must complete all lessons, including the end of lesson quizzes. You must also pass the final assessment, which requires a grade of 80%.
Certificate of Completion: You will receive a certificate of completion once you have completed the entire course and pass at 80% in the course final exam. If you don’t pass on the first attempt, we provide you with the opportunity to re-review lessons and try again after 2 weeks or you can wait until the next intake becomes available which you will attend for free.
Questions/Contact: There are many ways to contact or interact with the facilitators if you have any questions:
- Post a question in the discussion forum: http://lms.accountants.co.rw/acrlmsforum/
- Send an email to the facilitators: acr@lms.accountants.co.rw
Candidate database: Upon completion of the course, all students are entered into a candidate database. We work with employers and recruiters to identify job opportunities in accounting and finance for our students.
To be considered for a position, you must upload your CV to your profile:
Either ACR or the employer/recruiter will contact you if you are considered for a position.
Lessons
Learn about the elements of the financial statements.
Learn about transactions, journal entries, debits and credits.
Become a debit and credit expert by learning about advanced accounting transactions.
Learn about the different risks that impact a business and what it means for you, as an accountant at an organization.
Learn how to minimize financial statement and operational risks by understanding internal controls.
Learn about the cash receipts process. When a company receives a payment, how do we account for it?
Learn about the cash disbursements process. When a company makes a payment, how do we account for it?
Learn about the bank reconciliation process but more importantly, learn how to perform a bank reconciliation.
What happens at the end of the month for the accounting team? In this lesson, we learn about the month-end procedures.
Budgeting is an important process for all organizations. Learn what a budget is and how to perform a budget-to-actual analysis.
Let’s get you ready for your interview! The Dos and Don’ts of interviews and CVs.
Learn the best ways to conduct yourself professionally in the workplace.
Learn about the different taxes that impact companies in Rwanda: corporate income tax, VAT, withholding, district taxes and payroll deductions.
An introductory course to Excel. Learn how to format tables and analyse data using formulas, functions, pivot tables, and VLOOKUPs.
Learn the basics of QuickBooks Online. Enter invoices, bills and journal entries, just like you’ll need to do at your job!
Learn the basics of RRA tax invoicing system (EBM). Item management, sales management, purchase management, import management, stock management. just like you’ll need to do at your job!
Common questions
No, a university degree is not mandatory to take this course. However, to be considered for job opportunities and to be entered into the candidate database, you need a university degree. This is because employers and recruiters consider it mandatory for the majority of positions.
No, you do not receive a CPA for completing this course. You will receive a Certificate of Completion stating that you have completed all lessons and assessments. A CPA is a much more advanced certification and takes considerably longer to complete. Consider this course a stepping stone to your end goal of receiving a CPA.
No, we do not guarantee you a job once you complete this course. This course is designed to provide you with practical training that will assist you in your job search. We do work with some employers and recruiters to identify job opportunities for our candidates. However, we do not provide any guarantees.
No, you have the chance to repeat the course for free until you pass it at 80% and above.
Practice, practice, practice! Accounting concepts are not mastered in one day. It takes a lot of practice to become competent in the material. Take as much time as you need to go through a lesson. You can repeat lessons and access the material as many times as you want. The facilitators are also always available to answer any questions.
If you are attending full-time on the course, you can complete it in approximately 2-3 weeks. If you are working part-time on the course, it can take 1-2 months.
Disclaimer: ACR-Accounting Academy and its affiliates are neither approved educational learning institution nor vocational training center. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors and the appropriate tax authorities.