Accounting and Finance Diploma

Course details

Account Management - Diploma is of great interest to business professionals and entrepreneurs interested to get a thorough introduction to Account Managementpractices and theory and to all learners wishing to take Account Management as a future career. Account Management helps businesses to measure, monitor and plan their operations. This is all done by the accountants who by recording, classifying and summarising data can tell how the business is performing financially. Good accounting practices and procedures are needed in every ;Accountancy Diploma helps you learn the core accounting principles and practices. Highlights of the course include; Introduction to accounting, the role of an accountant, accounting concepts and standards, journals and subsidiary books, profit and loss accounts, balance sheet, cash flow statements, budgeting, variance analysis, ratio analysis, financial management, management of working capital and investment methods.
Comprehensive Accountancy Diploma units take students from the basic accounting fundamentals to the various accounting concepts used by the accountants for keeping records of the capital expenditure of a company. From understanding debits and credits and using simple T-accounts to closing out the accounts at the end of an accounting period, producing the statement of retained earnings and balance sheet, you will learn how each step is completed.
This self-paced programme is available 24/7 providing you with the flexibility to train at the pace, location and time of your choosing. Accredited certificate from Ofqual's registered awarding body can be claimed on course completion. College registration, tutor support, course materials and additional supporting material are all included in the course fee.

Learning Outcomes
On Accountancy Diploma completion the learner should be able to;

• Understand core duties and responsibilities of an accountant
• Explore the roles, advantages and limitations of contemporary corporate accounting.
• Identify and describe the three basic forms of business organizations;
• Discuss four main types of financial statements;
• Understand how to organize and record financial transactions;
• Outline the steps in the accounting cycle;
• Understand how to work with t-accounts and journals;
• Explain how to close out a set of accounts using a worksheet;
• Describe how to prepare a classified balance sheet;
• Understand what are sales variances, overhead variances, labour variances and cost variances
• Explain how to determine optimal cash balance.

Course Syllabus

The Accountancy Diploma consists of the following units:

• Introduction to Accounting
• The Role of An Accountant
• Accounting Concepts and Standards
• Journals and Subsidiary Books
• Profit And Loss Accounts
• Balance Sheet
• Cash Flow Statements
• Budgeting
• Variance Analysis
• Ratio Analysis
• Financial Management
• Management of Working Capital
• Investment Methods

Course Benefits:

• Full Tutor Support
• Self paced, no fixed schedules
• Available to students anywhere in the world
• 24/7 Access to the LMS ( Learning Management System )
• Easy to understand quality e-learning study materials
• The benefit of applying for NUS extra Discount Card.

Updated on 24 October, 2017