Frequently Asked Questions
This collection of frequently asked questions (FAQ) provides brief answers to many common questions about KBM LSABS. It also provides links to more detailed information available. Please check this page for answers before posting a question or before sending email to any of the addresses.
Student is required to complete an application form after studying carefully the various programs offered by the college. Once the College receives the completed application, the student may be called for an interview if required (international students will be contacted by telephone or video conferencing or personally through a college representative). On successful completion of the interview, the student will be offered admission and will be required to pay a initial deposit. This deposit may vary from course to course but is usually 25% of the actual course fee. Upon the payment of the initial deposit, all the embassy letters will be released for visa proceedings.
Students can pay their initial deposit by Bankers Draft payable to or by a Telegraphic Transfer into the College account.
Students can pay the initial deposit directly to the College or to the appointed local representatives.
Tuition fee does not cover living expenses, insurance, travel, book and/or any other equipment or incidental expenses.
Student has to pay 50% of the total fees before commencement of classes including the initial deposit. The Remaining tuition fee should be paid prior to taking the exams, on the dates published by the college. The College reserves the right to stop any student from attending the classes or exams for the non-payment of fees.
Average living costs for international students will be between £250 - £400 per month. This includes accommodation, food and transport. Students can earn much beyond that depending upon their capabilities.
College authorities condemn delays in course but if a student misses or is unable to clear the exam ,the course might be slightly delayed.
Refund is possible ONLY if the visa is denied. On presenting the original visa rejection documents and admission letters, refund will be made after deducting the Registration fee of £200 .
In small span of time ,college has done tremendously well by pooling a strength of students from various parts of the world including Eastern Europe, India, China, Pakistan, Brazil and may more.
After completing the programme successfully, it is anticipated that the students would receive appropriate award.
The maximum capacity of each class is 15:1
Yes, you will have combined classes with senior or junior groups and other degree level courses depending on the subject. It will not affect the sequence of your curriculum path and the principle is normal in United Kingdom Universities.
Yes, provided that you have bonafide credentials and sufficient funds to cover the cost of study and living expenses, you should not have difficulty in obtaining a student visa. Our representative will provide all the help you need.
No, you will not be able to change your course once you arrive in London. However, if there is a genuine problem then, you may be able to change the course.
The Home Office requires 100% attendance or minimum 21 hours of study per week for international students.
For course pricing, please see the bottom of the Course Page you have selected for yourself.
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.
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.
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 Computerised Book Keeping in our computerised accounting workshops because Sage is very popular with small and medium sized companies.
Spreadsheet is completely different from a computerised accounting package. It can be used for various 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.
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.
Learning to audit on the job takes many years to master. In a structured training environment, it can take 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.
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.