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ACCA Level 3 Diploma in Financial and Management Accounting

With study material and tutor support


Graduate School of Management

Summary

Price
£1,500 inc VAT
Or £125.00/mo. for 12 months... Read more
Study method
Online, self-paced
Duration
30 Hours
Qualification
Level 3 Diploma in Finance and Accounting (QCF)
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students

1 student purchased this course

Overview

Our aim is to offer people who are very new to accounting the opportunity to progress through the early stages of the ACCA qualification framework using the Foundations in Accountancy Program. The option will be made available to complete all three levels within one calendar year. On our part we will offer you excellent support throughout your studies from our dedicated team of tutors. Our aim is to watch you progress, and grow in confidence to succeed at all levels.

This course offers a fully accredited qualification in its own right, recognized by ACCA, and very importantly; employers. It is also the second stage of the Foundations in Accountancy Programme which will lead you onto the ACCA Applied Skills and Strategic Professional Levels.

Note: - ACCA CBE Exams have to bought separately and cost around £73 per Exam and this course includes 2 exams. Please contact and and our student friendly staff advice and can support you.

Qualification

Level 3 Diploma in Finance and Accounting (QCF)

Description

ACCA Diploma in Financial and Management Accounting (RQF Level 3)

This is the second level of qualification within the Foundations programme. To attain the full Level 3 Diploma in Financial and Management Accounting you will be required to complete the Managing Financial Records unit (FA2) and the Managing Costs and Finance unit (MA2). The level 3 qualification will be equivalent to A Level standard.

Unit: Managing Financial Records (FA2)

The aim of this unit is to develop a knowledge and understanding of underlying principles and concepts relating to maintaining financial records, and technical proficiency in the use of double entry accounting techniques, including the preparation of basic financial statements

Syllabus Content: On successful completion of this unit, candidates should be able to:

  • Explain generally accepted accounting principles and concepts
  • Outline the principles and process of basic bookkeeping
  • Prepare journals and ledger accounts
  • Record transactions and events
  • Prepare a trial balance (including identifying and correcting errors)
  • Reconcile control accounts and cashbook
  • Extend the trial balance, process year-end adjustments and prepare final accounts
  • Account for partnerships

Unit: Managing Costing and Finance (MA2)

The aim of this unit is to develop a knowledge and understanding of how to prepare, process and present basic cost information to support management in planning and decision-making in a variety of business contexts.

Syllabus Content: On successful completion of this unit, candidates should be able to:

  • Explain the role of costing within the organisation and how costs are classified
  • Describe and record costs by classification
  • Explain and apply cost accounting techniques
  • Use management accounting techniques to make and support decision-making
  • Explain principles of cash management

Who is this course for?

This course is designed for those individuals who already hold a Level 2 accounting qualification, and are aiming to move up to the next rung of the ladder into an accounting career. As it is classroom based it offers structured learning with one to one support, something that distance learners find difficult to obtain.

Requirements

You will be required to have completed a Level 2 Accounting qualification. It is also important that you have good basic skills in numeracy and literacy which will be assessed during the enrolment process. It would be to the individual’s advantage to have some work experience in an office environment, although this is not mandatory.

Career path

Should you be working in an accounting environment you will find that this qualification gives you a very good knowledge of the theory of accounting and double entry. If you are keen to move into accountancy and have good literacy and numeracy skills this qualification will provide you with excellent employment prospects. Salaries from £18,000 to £22,000 based upon experience and qualifications.

Questions and answers


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Shamayne asked:

I have done level 4 in accounting and have decided to stop uni and do the short courses can I apply directly for level 3 instead of going to level 2

Answer:

That you need to discuss with ACCA directly on phone number 1415822000 Please contact them, they can support you in getting all the answers related to registration with ACCA. Once you clarify with ACCA, than you can contact us to register on course/Level you want to start with. Our team is always there to support you.

This was helpful. Thank you for your feedback.

David asked:

Do I register with the ACCA before starting this course or when I am wanting to book an exam?

Answer:

When you want to book an exam you can register with ACCA.

This was helpful. Thank you for your feedback.

Niaz asked:

can i apply for ACCA course if i have done my level 2

Answer:

Yes You can apply for Level 3 if you have completed level 2.

This was helpful. Thank you for your feedback.

Amery asked:

Can I start at level 3, if I previously done/qualified in AAT level 2 or level 3 or do I have to start at level 2?

Answer:

You need to register with ACCA and can start at level 3. But we always suggest you should always contact ACCA in this regard.

This was helpful. Thank you for your feedback.

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on reed.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as ABC Awards and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

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