Finance and Accounting Level 5

Course details

Accounting
Study Accounting Level 5 for the opportunity to earn an endorsed Certificate of Achievement. Explore the field of professional Accounting at Diploma Level 5, building the skills and knowledge to pursue a rewarding career in Accounting. Get started on your endorsed Level 5 Accounting Certificate right now!
If you’re serious about building a lifelong career as a qualified accountant, we’re serious about making it happen! Our most advanced Accounting - Diploma has been designed for ambitious candidates with the very top of the ladder in their sights. Accounting helps businesses to measure, monitor and plan their operations. Study from home at a pace that suits you for a endorsed Accounting - Diploma, which could transform your career prospects like never before. Backed by the committed support of your own personally-assigned tutor, success has never been so accessible!
This engaging Accounting - Diploma introduces the most advanced complexities and core concepts of the industry in a digestible and structured manner. Explore the recent evolution of the Accounting profession, along with the skills required to confidently work with balance sheets, income statements, cash flow statements and more. Emerge qualified, capable and with the confidence to step into a high-level Accountancy position with an established organization, or perhaps start your own Accounting company from scratch.
This self-paced programme is available 24/7 providing you with the flexibility to train at the pace, location and time of your choosing. Endorsed certificate from a registered awarding body is available on course completion. College registration, tutor support, course materials and additional supporting material are all included in the course fee.
Description
Accounting
Accounting Diploma (Learning Outcomes)
Accounting - 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.
Accounting course completion the learner should be able to;
Explore the roles, advantages and limitations of contemporary corporate Accounting.
Understand core duties and responsibilities of an Accountant
Discuss four main types of financial statements;
Identify and describe the three basic forms of business organizations;
Understand how to work with t-Accounts and journals;
Understand how to organize and record financial transactions;
Outline the steps in the Accounting cycle;
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.
Diploma Course Syllabus:
The Accounting Diploma consists of the following units:
Unit 1 - Introduction to Accounting
Unit 2 - The Role of An Accountant
Unit 3 - Accounting Concepts and Standards
Unit 4 - Journals and Subsidiary Books
Unit 5 - Profit And Loss Accounts
Unit 6 - Balance Sheet
Unit 7 - Cash Flow Statements
Unit 8 - Budgeting
Unit 9 - Variance Analysis
Unit 10 - Ratio Analysis
Unit 11 - Financial Management
Unit 13 - Investment Methods Updated on 20 April, 2021