Accounting Skills Course Level 3
Qualified accountants benefit from limitless job prospects on a global basis. The knowledge, skills and attributes of capable accountants are in consistently high demand all over the world. Take the first important steps towards the career you know you’re capable of, with this inspiring Account Management ! To succeed in accountancy is to enjoy a rewarding and potentially-lucrative career, where every day brings you challenges and new opportunities. All of which begins with targeted accountancy studies – kick start your career with our exclusive Level 3 Accounting Skills for New Supervisors!
Course Benefits
When studying for a Level 3 Accounting Skills for New Supervisors with STS Courses, every candidate enjoys the following benefits:
- Provision of all essential course materials and lecture notes, along with case studies, practical exercises and key supporting documentation.
- 24/7 access to our exclusive digital learning platform and convenient online assessments at the end of each unit.
- The dedicated support of an experienced, qualified and professional tutor for ongoing assistance while completing your course.
- Complete access to recommend reference books, study aids and more via our extensive e-library.
- The opportunity to earn a fully-endorsed certificate from a respected and recognised awarding organization.
Account Management - Learning Objectives
This exclusive Account Management - Course has been designed for ambitious candidates looking to lay a strong foundation for further studies, or to begin working towards a career in accountancy. Suitable for newcomers and existing members of the workforce alike, business owners and entrepreneurs could also benefit from professional-quality accountancy skills. By studying the key duties and responsibilities of working accountants, candidates are primed and readied to begin writing their own success stories.
Over the Account Management - Course of three insightful modules, learners are gradually introduced to the mechanics of corporate accountancy, along with an exploration of the importance and potential value of proactive financial management. A series of key financial reports are investigated in-depth, along with a variety of financial analysis tools and the different types of accountancy. Business budgeting is also introduced and explored from a contemporary corporate perspective.
Account Management Key skills, talents and knowledge picked up along the way include:
- Understand the meaning and definition of Accounting.
- Discuss objectives, functions, importance and limitations of Accounting.
- Understand methods of Accounting, kinds of Accounts, and Accounting rules.
- Explore various branches of Accounting.
- Describe activities of an accountant; and
- Discuss roles of accounting personnel and the accounting function in an
organization. - Understand Debits and Credits
- Reading Annual Reports
- Understand the basic aspects of financial planning and the role of budgeting
- Explain various types of budgets
Course Outline
This introductory Level 3 Accounting Skills for New Supervisors- Course is delivered over the course of four insightful modules - each concluding with an online assessment to verify your acquired knowledge and competencies. Your assigned tutor will provide you with comprehensive support at all times, in order to assist with your successful completion of each unit.
Unit 1- Introduction to Accounting and Finance
This unit covers the following key topics:
- Accounting and Finance
- Accounting
- Objectives of Accounting
- Scope of Accounting
- Functions of Accounting
- Advantages of Accounting
- Limitations of Accounting
- Evolution of Modern Accounting
- Branches of Accounting
- Modern View of Accounting
- Accounting Cycle
- Plus more
Unit 2- The Role of an Accountant
This unit covers the following key topics:
- Role of an Accountant
- Methods of Accounting
- Debit and Credit
- Types of Accounts
- Distinction between Book-Keeping and Accounting
- Organisation for Accounting and Finance
- Bases of Accounting
- Accounting Terminology
- Plus more
Unit 3- Understanding Debits and Credits
This unit covers the following key topics:
- Differentiate between debits and credits
- Identify and analyze important financial data
- Net and Gross Profit Margin
- Make financial decisions
- Read annual reports
- Determine whether a company is financially high or low risk
Unit 4- The Basics of Budgeting
This unit covers the following key topics:
- Budget
- Financial Planning
- Budgetary Control
- Installing a Budgetary Control System
- Responsibility for Budgeting
- Key Factor
- Sales Work Sheet
- Fixed and Flexible Budgets
- Plus more
