Accounting

Modules

Introduction to Accounting

• The balance sheet
• The profit and loss account
• The measure of profit - further issues
• An introduction to the accounts of limited companies
• The regulatory framework
• The accounts of groups and companies
• The cash flow statement
• The use of financial statements for planning and decision-making
• The analysis of financial statements 1
• The analysis of financial statements 2
• The accounting framework and value measurement

Entry Requirements

You do not need experience or previous qualifications to enroll on this course. It is available to all students, of all academic backgrounds. You just need to be able to access our online modules and the motivation and discipline to study in your own time.

The approximate amount of time required to complete the course is: 120 hrs.

All course fees, inclusive of all payment plans including our Premium Credit Limited option, must be settled before certification can be ordered.

*You will have access to the course for 24 months.

Endorsement

At the end of this course successful learners will be given the option to receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Level 3 Accounting Certificate of Achievement

The course has been endorsed under the Quality Licence Scheme. This means that learndirect has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed learndirect to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. The Quality Licence Scheme endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

To view a sample of the Certificate of Achievement, please click here.

If you complete the work successfully, you will be awarded a certificate in accounting at Level 3. You will gain a fundamental understanding of how accounting works and become confident to apply this knowledge in real life situations.

If you want to become a chartered accountant, you must first take an ACCA, CIMA or ACA accredited qualification. For this to be possible, you will need five secondary school qualifications. Other career paths related to this course include:

• Credit controller
• Financial advisor
• Accounts assistant