Offering a predominantly online learning experience and based on the idea that LPC accounts is most effectively learnt through actively building ledgers, LPC Accounts Online is an exciting new resource which offers over 100 fully interactive online exercises specifically designed to guide students through the intricacies of building both solicitors and business accounts. A short text accompanying the resource equips students with an introduction to key accounting procedures. Extensively reviewed by both the Law Society and LPC tutors throughout its development this resource is ideal for any LPC lecturer who wants to provide their students with a pragmatic, innovative and engaging way of studying LPC Accounts.

www.oxfordinteract.com/lpcaccounts

What's available online?

Full coverage of LPC Accounts
Encompassing both solicitors and business accounts and mapping fully to the Law Society's Written Standards, the 13 topic areas covered in LPC Accounts Online can be accessed at any time and in any order, ensuring that it is compatible with the structure of all Legal Practice Courses. Each topic area opens with a short video introduction from the author explaining what will be covered in the topic and illustrating its relevance to the modern legal practice.

Animated examples
Following the author introductions, the majority of topics feature an animated example. This feature is specifically designed to provide a worked example of how ledgers are completed in practice. Combining both audio and video components, students will be required to listen to an explanation of a ledger being completed whilst simultaneously watching how it is filled in on screen.

Interactive exercises
Following both the video introduction and the animated examples, the student is guided through a series of innovative interactive exercises. Exercises such as answering multiple choice questions, piecing together flowcharts of accounting processes, matching key terms with their definitions, and identifying the validity of a number of statements, are designed to test students' knowledge and understanding of accounting principles. Other exercises adopt a more pragmatic approach and offer students the opportunity to put their knowledge into practice, through actively completing blank ledgers based on specific scenarios. Immediate feedback is offered upon completion of each exercise, rendering the resource particularly suitable for students studying independently or by distance or block learning. All completed ledgers are available for printing so that they can be handily stored with course notes. Students can log out at any time and the online resource will record the scores in a 'your scores' page which can be used to identify areas where further study is required. When students re-visit the site they will be given the option of continuing where they left off or starting afresh.

Reflective diary
Students are encouraged to reflect on their learning through the use of a reflective diary. This diary is in the form of a Word document which includes various headings which prompt students to consider what they have learnt and how they might be able to improve. Students are then able to save their reflective diary documents wherever they choose, making this part of the resource compatible with any personal development record system already in place within the institution.

What's available in the text?

The short text includes important background information on the essential accounting procedures students should be aware of before attempting the exercises, and contains worked examples illustrating how the core principles should actively be used to complete ledgers.

How do students access LPC Skills Online?

LPC institutions buy the accompanying text for their students as normal. Inside each text, a unique access code enables the student to log on and register with the web site. They will be able to then choose their own username and password for use every time they log on subsequently. Each unique access code can only be used once and is not transferable, ensuring that students' results and scores are securely stored and not accessible to other students. The students' account will be active for two years from the use of the unique access code; after this time the student's account will expire.

James Catchpole is the Practice Head for Public Companies and Associate Professor at the College of Law. He was previously subject coordinator for both solicitors' and business accounts at The City Law School. Prior to joining The City Law School, James practiced as a Solicitor at Masons, and later with Landwell. James was also previously a visiting lecturer at Stellenbosh University, South Africa.

Part 1: Solicitors' Accounts
1. Double entry book-keeping
2. Dual ledgers
3. Solicitors' Accounts Rules 1998
4. Transfers & invoices
5. Stakeholder and interest
6. Completion statements
7. VAT on expenses and disbursements
8. Abatements and bad debts
Part 2: Business Accounts
9. Preparation of financial statements
10. Sole trader accounts
11. Partnership accounts
12. Company accounts
13. Interpretation of financial statements