Accounting Diploma

Course details

Accountancy Level 4 Diploma
Diploma in Accountancy QLS Level 4. Additional CPD Accredited Certificate with 90 CPD points available with no extra study. The course comes with easy to understand e-learning study materials.
 Accountancy Level 4 Diploma
Accountancy - 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.
Accountancy - Course Syllabus:
This Accountancy Diploma consists of following modules:
Module 1 – Accounting Basics
This module covers the following key topics:
Accounting and Finance
Accounting
Objectives of Accounting
Scope of Accounting
Functions of Accounting
Advantages of Accounting
Limitations of Accounting
Evolution of Modern Accounting
Branches of Accounting
Modern View of Accounting
Accounting Cycle
Plus more
Module 2 – Accountant's Roles and Responsibilities
This module covers the following key topics:
Role of an Accountant
Methods of Accounting
Debit and Credit
Types of Accounts
Distinction between Book-Keeping and Accounting
Organisation for Accounting and Finance
Bases of Accounting
Accounting Terminology
Plus more
Module 3 – Accounting Concepts and Principles
This module covers the following key topics:
Concepts of accounting
Accounting Framework
Standards of accounting
Plus more
Module 4 – Subsidiary Books of Accounts
This module covers the following key topics:
Journal And Subsidiary
Advantages of Journal
Sub-Division of Journal
Ledger
Distinction between Journal and Ledger
Subsidiary Books
Basic Document for Subsidiary Books
Advantage of Subsidiary Books
Imprest System
Plus more
Module 5 – How to Prepare a Profit and Loss (Income) Statement
This module covers the following key topics:
Statement of Profit and Loss
Measurement of Income
Preparation of Profit or Loss Account
Plus more

Module 6 – What is Balance Sheet?
This module covers the following key topics:
Balance Sheet
Purpose of Financial Statements
Prepare a Balance Sheet
Assets
Analyze a Balance Sheet
Current Ratio
Quick Ratio
Working Capital
Debt/Worth Ratio
Plus more
Module 7 – Statement of Cash Flows
This module covers the following key topics:
Cash Flow
Initial Investment
Cash
Receivables
Inventory, Supplies, and Prepaid Expenses
Sources of Funds
Funds from Operations
Uses and Application of Funds
Plus more

Module 8 – What is Budgeting and Why is it Important?
This module covers the following key topics:
Budget
Financial Planning
Budgetary Control
Installing a Budgetary Control System
Responsibility for Budgeting
Key Factor
Sales Work Sheet
Fixed and Flexible Budgets
Plus more

Module 9 – Importance of Ratio Analysis
This module covers the following key topics:
Classification of Ratio
Norms for Evaluation
Managerial Uses of The Primary Ratio
Plus more

Module 10 – How to Calculate and Analyze Variances
This module covers the following key topics:
Variance
Types of Variance
Direct Material Variances
Computation of Labor Variances
Control of Variances
Variance Reporting
Plus more
Accountancy - 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
Accountancy - Course Material
All Accountancy Diploma materials are included in the course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.
Our distance learning course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:
Online course materials
Question papers
Additional Supporting Material
Useful Links
Accountancy - Course assessment
You will be continually assessed throughout the course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.
Tutor Support
When you enrol on a Accountancy - Diploma course with Oxford Home Study College you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress. Updated on 19 April, 2021