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City of London College of Economics Diploma in Finance and Accounting City of London College of Economics
  • Duration / Course length: Upto 6 Months Start now
  • Accredited by: UKRLPACBS
  • Certificates:
  • Course delivery: This course is delivered in presentation format

Course details

Diploma in Finance and Accounting

Duration: 6 months

Assessment: One comprehensive practical assignment
Build a strong foundation in financial and accounting principles essential for managing business finances and setting up effective accounting systems. This fully online, flexible diploma equips you with the knowledge and skills to interpret financial statements, master budgeting and cash flow management, understand internal controls and tax obligations, and develop strategic financial plans aligned with business growth.

Course Modules and Key Learnings:
  1. Mastering Financial Management
    Understand financial strategy essentials and link finance to business planning.
  2. From Strategy to Business Plan
    Develop skills in translating strategy into actionable financial and operational plans.
  3. Budgeting and Cash Flow Management
    Learn to prepare budgets, monitor cash flow, and maintain financial stability.
  4. The Accountant in You: General Ledger and Chart of Accounts
    Gain practical experience in setting up and managing key accounting records.
  5. Accounts Receivable and Accounts Payable
    Manage invoicing, collections, and payment processes effectively.
  6. Payroll and Inventory Control
    Oversee employee compensation and manage inventory valuation and control.
  7. Cost Control and Internal Controls
    Implement cost management techniques and establish sound internal control systems.
  8. Managing Commercial Lenders and Using Venture Capital
    Explore funding options including loans and venture investments to support business growth.
  9. Business Structures and Legal Obligations
    Examine proprietorships, partnerships, corporations, tax obligations, and compliance matters.
  10. Sharpening Company Tax Smarts
    Develop understanding of tax planning, reporting, and regulatory requirements.
  11. Financial Planning and Forecasting
    Build and maintain financial forecasts and growth strategies rooted in data analysis.
  12. Partnering with Vendors and Troubleshooting Business Systems
    Learn vendor relationship management and problem-solving within financial systems.
  13. Understanding Your Data and IFRS Fundamentals
    Interpret financial data insightfully and grasp the essentials of International Financial Reporting Standards.
Assessment:
Students will demonstrate their competence through one practical assignment that integrates learning from all modules, focusing on real-world financial and accounting applications. The assignment can be started on day one and completed flexibly upon submission.
 
  Updated on 31 July, 2025

Eligibility / Requirements

There are no requirements to be fulfilled

About City of London College of Economics

City of London College of Economics (COLCE) is a recognized educational institution offering affordable, accredited online courses for vocational and academic growth. Our programs are self-paced for your convenience and designed with a practical focus, meeting high-quality and compliance standards (DSG, ISO 27001). We support learners worldwide in enhancing their career opportunities through comprehensive knowledge in economics, management, and related fields. COLCE is listed in the UK Government Register of Verified Learning Providers (Reference Number: 10089366) and accredited by the British Government, UKRLP, as well as the Association of Colleges and Business Schools (Certificate Serial Number: ACBS/COLCE/011525NF).

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