Accounting Skills Course

Accounting Skills Course Level 4

The course comes with easy to understand e-learning study materials.

Endorsed Certificate of achievement in Accounting and Finance QLS Level 4 is of great interest to business professionals and entrepreneurs interested to get a thorough introduction to Accounting Skills for New Supervisors practices and theory and to all learners wishing to take Account Management as a future career. Account Management helps businesses to measure, monitor and plan their operations. Learn an overview of professional Accounting Skills for New Supervisors, along with the typical duties of accountants in Accounting. This is all done by the accountants who by recording, classifying and summarising data can tell how the business is performing financially. Good Accounting practices and procedures are needed in every business. Accounting Skills for New Supervisors Diploma helps you learn the core Accounting principles and practices.

Comprehensive Accounting Skills for New Supervisors Diploma units take students from the basic accounting fundamentals to the various accounting concepts used by the accountants for keeping records of the capital expenditure of a company. From understanding debits and credits and using simple T-accounts to closing out the accounts at the end of an accounting period, producing the statement of retained earnings and Accounting balance sheet, you will learn how each step is completed.

Quality Licence Scheme

This course is endorsed by the Quality Licence Scheme. The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes.

Accounting Skills Course Level 4

Learning Outcomes

On Accounting Skills for New Supervisors - Diploma completion the learner should be able to;

• 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
• Understand what profit and loss statement is
• Explore how to prepare profit and loss statement
• Understand meaning and definition of Balance sheet
• Describe the Classification of assets and liabilities
• Understand the adjustment of Balance sheet
• Describe how to prepare the Balance sheet.

Course Syllabus

The Account Management - Diploma consists of the following

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

Unit 5- Profit and Loss Accounts

This unit covers the following key topics:

• Meaning of the Statement of Profit or Loss
• Why is there a Statement of Profit or Loss?
• Measurement of Income
• Relation between Statement of Profit or Loss and Statement of Financial Position (SOFP)
• Preparation of Profit or Loss Account

Unit 6- The Balance Sheet

This unit covers the following key topics:

• The Purpose of Financial Statements
• Why Create a Balance Sheet?
• How to Prepare a Balance Sheet
• How to Analyze a Balance Sheet

Account Management - Course Benefits:

This Account Management - Diploma Level 4 in Accounting has the following benefits:

• Full Tutor Support
• Self paced, no fixed schedules
• Available to students anywhere in the world
• 24/7 Access to the LMS ( Learning Management System )
• Easy to understand quality e-learning study materials

Account Management - Course Material

All course materials are included in the Accounting : Account Management course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.

Account Management - Diploma course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:

• Online course materials
• Question papers
• Additional Supporting Material
• Useful Links

Account Management - Course assessment

You will be continually assessed throughout the Account Management - Diploma course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.

Tutor Support

When you enrol on a course with CPD Courses you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress.

Accounting Skills Course Level 4

• Candidates interested to start a career in accountancy
• Business owners seeking to look after their own accounts
• Existing accountancy workers in seeking for higher positions or promotion
• Accountancy workers with no formal qualifications
• Anyone wishing to boost their career prospects.

Accounting Skills Course Level 4

There is no particular entry requirement for Accounting Skills for New Supervisors - Diploma.

Option 1

Diploma in Accounting and Finance QLS Level 4 endorsed by Quality Licence Scheme

Certificate Fee: £95 + postal charges

Option 2

Diploma in Accounting and Finance issued by CPD

PDF Certificate - FREE

Hard copy - £25 + postal charges

Option 3

CPD Accredited Certificate

(PDF format)=£30

(Hard copy)=£85 + postal charges

*Postage Charges: National £9, International £15

Accounting Skills Course Level 4

After completing Accounting Skills for New Supervisors- Diploma, Opportunities for employment may include working as an:

• Accounts Assistant
• Accounts Payable & Expenses Supervisor
• Accounts Payable Clerk
• Audit Trainee
• Bookkeeper
• Finance Assistant
• Payroll Administrator / Supervisor
• Tax Assistant / Accountant.

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