OTHM Level 3 Foundation Diploma in Accounting

The Level 3 Foundation Diploma in Accountancy is to provide learners with a foundation for a career in a range of organisations in relation to financial management and accountancy. It is designed to ensure that each learner is equipped with knowledge of accountancy, and the skills to adapt rapidly to change and progress with their learning. Successful completion of the Level 3 Foundation Diploma in Accountancy provides learners with the opportunity to progress to further study or employment.

Modules:

The learners have to complete 3 mandatory to achieve the 60 credits.

• Recording Financial Transactions (20 credits)
• Management Information (20 credits)
• Maintaining Financial Records (20 credits)

Assessment and verification

All units within this qualification are internally assessed via assignments and externally verified by the awarding organisation. There are no examinations in this course.

OTHM Level 3 Diploma in Accounting

Hard copy certificate - Included

• Course Flyer - download
• Sample Certificate - download

UK Versity is a British Accredited College (BAC) and an independent private higher education institution in the UK. Established in 2015 as an online provider of Ofqual regulated courses, we deliver educational RQF Level 2–8 courses globally using advanced technology from the UK. UK Versity's name is referred to as the home of online learning, as we are the only provider who has delivered over 10,000+ sessions of live teaching that are recorded and available on our YouTube channel. Visit the YouTube channel @ukversityonline to watch live delivery. This course can be studied online on a self-study basis or via live Zoom lectures.

7500+ students have successfully completed their qualifications with UK Versity.

The College provides:

1. Comprehensive course material provided via its learner management system, which includes books per module, presentations for all units, recorded lectures, articles, case studies and handouts
2. Onboarding for studies includes induction via Zoom, covering comprehensive discussions on course overview, systems demos, introduction to tutors, admin team and ongoing support to be able to complete the course
3. Live sessions are conducted via Zoom Meeting on weekends, and learners can join them to interact with lectures
4. Access it 24 x 7 on any device, anywhere in the world
5. Dedicated support via WhatsApp group chat, telephone and email (all week, 9 a.m.–5 p.m)
6. No exams. All coursework is assessed via assignments. Feedback is provided in 2–3 working days.

Introduction: The OTHM Level 3 Foundation Diploma in Accounting serves as an essential stepping stone for individuals aspiring to build a strong foundation in accounting principles and practices. This diploma aims to equip learners with fundamental knowledge and skills necessary to pursue further education or entry-level positions in accounting-related fields. Understanding the target audience for this diploma is crucial for ensuring that the program meets the needs and expectations of prospective participants. This write-up delves into the demographic, educational, and professional profiles of individuals who would benefit from undertaking the OTHM Level 3 Foundation Diploma in Accounting.

1. Recent High School Graduates:

   • Individuals who have recently completed their secondary education and are considering a career path in accounting.
   • High school graduates seeking to acquire basic accounting knowledge and skills to lay the groundwork for further education or entry-level positions in the accounting field.

2. College Entrants:

   • Students who have recently enrolled in college or vocational programs with an interest in accounting or finance.
   • College entrants looking to supplement their academic studies with practical accounting training and gain a competitive edge in the job market upon graduation.

3. Career Changers:

   • Individuals from unrelated fields who are considering a career transition into accounting.
   • Career changers seeking to acquire foundational accounting knowledge and skills to facilitate their entry into the accounting profession and pursue new career opportunities.

4. Entry-Level Accounting Professionals:

   • Individuals who have recently entered the workforce or are in the early stages of their accounting careers.
   • Entry-level accounting professionals looking to enhance their understanding of basic accounting concepts and principles to perform their job duties more effectively and advance in their careers.

5. Continuing Education Seekers:

   • Lifelong learners who are passionate about expanding their knowledge and skill set in accounting.
   • Continuing education seekers interested in pursuing professional development opportunities and staying abreast of changes and developments in the accounting field.

Entry Requirements:

The learner must fulfil at least one of the following criteria to be allowed entry to the qualification:

• Level 3 qualifications can be offered to learners from age 16
• UK Versity will determine language proficiency in English if English is not your native language.

Successful completion of OTHM Level 3 Foundation Diploma in Accountancy provides learners with the opportunity for academic progressions to a wide range of undergraduate programmes including OTHM Level 4 Diploma in Accounting and Business.