Certificate in Accounting (Level-03)

Course details

Course Description
The Pearson LCCI Level 3 Certificate in Accounting (VRQ) gives students an overview of the fundamental accounting principles and concepts that underlie all financial accounting.
Students are introduced to topic areas they are likely to encounter in their working lives in practical, scenario-based situations. This qualification includes content on these main functions:

• maintaining up-to-date records of all financial transactions in an appropriate format using accounting record books (ledgers)
• preparation of extended trial balances
• Preparation and interpretation of financial statements of different businesses (sole traders, partnerships, limited companies and groups of companies).
• preparation of financial records from incomplete records
• budgeting
• Applying the principles of decision-making.

 Course Objectives

• An understanding of the basic principles underlying the recording of financial transactions
• The ability to prepare and interpret accounts for some traders, partnerships, limited companies and groups of companies in accordance with basic accounting conventions and current accounting practice
• The ability to apply the principles of decision-making

Updated on 17 July, 2019