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Accountancy: Accountancy Course

Learn Accounting skills with our advanced level 7


UK Professional Development Academy LTD

Summary

Price
Save 98%
£12 inc VAT (was £950)
Offer ends 27 June 2022
Study method
Online, self-paced
Course format What's this?
Reading material - PDF/e-book
Duration
4 weeks
Access to content
12 months
Qualification
No formal qualification
CPD
120 CPD hours / points
Optional extras

Digital certificate with additional cost, Hard copy certificate with additional cost

Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

13 students purchased this course

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Overview

Accountancy:

Accountancy is the act of recording, characterising, and giving an account of deals for a business. It provides input to the board in regards to the monetary outcomes and status of an association. Accountancy is the way toward dealing with the pay and costs of a business. Deal with your accountancy needs a comprehensive framework like Debitoor. Start today. By considering the fundamental obligations and duties of working accountants, competitors are prepared and prepared to start writing their examples of success stories. Accountancy is the business language. We use this language to communicate financial transactions and their results.

Exhaustive Accountancy - Level 7 units take understudies from the essential accountancy basics to the accountants' different accountancy ideas to track an organization's capital use. Comprehending debits and credits and utilising straightforward T-closing of records toward the end of the accountancy period produced a statement of retained earnings and balance sheet.

The course Accountancy focuses on business accounting basics, roles and responsibilities of accountants, basic accountancy skills, recording business transactions, preparing cost and profit/benefit-cost, business budget, introduction to financial reports, budget and financial reports, and analysing financial statements, investment appraisal techniques.

Key skills, knowledge and talents picked along the way include:

  • Detailed understanding of accountancy as a profession.
  • Comprehension of key accountancy standards and concepts.
  • Understand basic accountancy journals and documentation.
  • The confidence to reach a career as an accountant.

Don't worry if you are new to online learning. The course is delivered through a user-friendly learning platform. However, if required, we will provide you with all possible assistance via e-mail with tutor support. This self-paced programme is available 24/7 and offers you the flexibility to study at any location at any time. You can apply for CPD accredited certificate on course completion.

Accountancy - Course Benefits

We proudly provide an inexpensive alternative to traditional classrooms and tutors. Enrol in this accountancy course to get access to the following benefits:

  • Accountancy - Our engaging courses can be taken at any time, in any place, and on any device.
  • Accountancy - Courses / Training that best suit to Work Experience, Knowledge and Skills
  • Accountancy - Self-paced Training/Courses to continue working while studying
  • Accountancy - Self-Paced Courses to get free from the deadlines
  • Accountancy - Course materials that include Training Manual, Mock Quizzes, and Case Studies challenge you to apply your knowledge in PDF, Microsoft Word, Excel, and PowerPoint format.
  • Accountancy - Assessment resources are accessible through our online learning platform 24/7.
  • Accountancy - A professional one-to-one tutor to provide all-inclusive assistance throughout the course online.

Accountancy - Course / Training Format:

After successful enrollment, the learner will get access to the UKPDA Learning Platform, where all the study material / Training Manual will be available. Learning Platform can be accessed 24/7 anywhere, anytime. Training Manual contains several modules, each having specific knowledge and a case study at the end. All the course material will be in the form of texts (images/illustrations), and there are no video or live lectures during the training course. The Test (MCQs) will be based on modules of the Training Manual.

CPD

120 CPD hours / points
Accredited by Step Ahead CPD Qualifications

Course media

Description

Course Outline

The Accountancy course is based on 120 CPD points. Therefore, Learner must need to complete the following modules given below:

Module Outline

This CPD course in Level 7 Accountancy comprises twelve modules in which learners must achieve 120 credits. Modules are:

Module 1: Introduction to accounting and Finance

This Accountancy module covers the following key topics:

  • Accountancy - What is Accounting?
  • Accountancy - Accounting History
  • Accountancy - Fields of Accounting
  • Accountancy - Terminologies of Accounting
  • Accountancy - Accounting Objectives
  • Accountancy - Purpose of Accounting System
  • Accountancy - Function of Accounting in Organisation
  • Accountancy - Limitations in Accounting
  • Accountancy - Who uses Accounting?
  • Accountancy - Accounting Cycle
  • Accountancy - Evaluation of modern Accounting
  • Accountancy - Classification of modern Accounting

Module 2: Basics of Business accounting

This Accountancy module covers the following key topics:

  • Accountancy - Definition of Finance, Business Finance and its types
  • Accountancy - Financial Management
  • Accountancy - Importance of Financial management
  • Accountancy - Scope of Financial Management
  • Accountancy - Approaches to Financial Management
  • Accountancy - The function of the Finance Manager
  • Accountancy - Financial Statement
  • Accountancy - Techniques of Financial Statement Analysis
  • Accountancy - Ratio Analysis
  • Accountancy - Requirement and Sources of Finance
  • Accountancy - Capitalisation and its types
  • Accountancy - Capital Budgeting process, its importance and needs

Module 3: Roles and responsibilities of accountants

This Accountancy module covers the following key topics:

  • Accountancy - What is an Accountant?
  • Accountancy - Qualities of an ideal Accountant
  • Accountancy - Job title of Accountant in modern business Organization
  • Accountancy - Accounting Personal
  • Accountancy - The nature of the Accounting Function
  • Accountancy - The organisation of Accounting and Finance.

Module 4: Basic book-keeping skills

This Accountancy module covers the following key topics:

  • Accountancy - Understand basic accounting terminology.
  • Accountancy - Identify the differences between the cash and accrual accounting methods.
  • Accountancy - Keep track of your business by becoming familiar with accounts payable and accounts receivable.
  • Accountancy - Use a journal and general ledger to document business financials.
  • Accountancy - Utilise the balance sheet.
  • Accountancy - Identify different types of financial statements.
  • Accountancy - Uncover the reasons for and create a budget.
  • Accountancy - Be familiar with internal and external auditing.

Module 5: Recording business transaction

This Accountancy module covers the following key topics:

  • Accountancy - Introduction
  • Accountancy - Journal
  • Accountancy - Ledger and its forms
  • Accountancy - Need for subdivision and Journal
  • Accountancy - Subsidiary Books and their advantages
  • Accountancy - Cash Book
  • Accountancy - Single Column Cash Book
  • Accountancy - Two Column Cash Book
  • Accountancy - Petty Cash Book

Module 6: Prepare profit and loss accounts

This Accountancy module covers the following key topics:

  • Accountancy - Introduction
  • Accountancy - Meaning of Profit and Loss account
  • Accountancy - Need for Profit and Loss Account
  • Accountancy - Measurement of Income
  • Accountancy - Relationship between profit and loss account and balance sheet
  • Accountancy - Some important terms of profit and loss account
  • Accountancy - Preparation of Profit and Loss accounts
  • Accountancy - The account format for Profit and Loss Account

Module 7: Business budgeting

This Accountancy module covers the following key topics:

  • Accountancy - Introduction and Definition to Budgeting, Planning and Control
  • Accountancy - Characteristics of Budget
  • Accountancy - Budget and Its Roles in Organisation
  • Accountancy - Budget Planning and Control Process

Module 8: Working capitals

This Accountancy module covers the following key topics:

  • Accountancy - Introduction to Accounting and Finance
  • Accountancy - Meaning of Working Capital
  • Accountancy - Working Capital Variability
  • Accountancy - Concept of Working Capital
  • Accountancy - Importance of Working Capital
  • Accountancy - Advantages of Sufficient Working Capital
  • Accountancy - Disadvantages of Excessive Working Capital
  • Accountancy - Disadvantages of Inadequate working capital
  • Accountancy - The Need for Working Capital
  • Accountancy - Factors Influencing Working Capital

Module 9: Introduction to Financial Reports

This Accountancy module covers the following key topics:

  • Accountancy - Financial Reporting
  • Accountancy - External Financial Reports
  • Accountancy - The Balance Sheet and Purpose of Balance Sheet
  • Accountancy - Income Statement
  • Accountancy - Cash Flow Statement
  • Accountancy - Assets, Total Current Assets
  • Accountancy - How to prepare and analyze a balance sheet
  • Accountancy - Liabilities
  • Accountancy - Net Worth and Net Sales
  • Accountancy - Current and Quick Ratio
  • Accountancy - Income Statement or Profit and Loss Statement
  • Accountancy - Importance/Advantage of an income statement
  • Accountancy - Limitations of an income statement
  • Accountancy - The Purpose of Income/ P&L Statement
  • Accountancy - Manufacturing of Goods Sold
  • Accountancy - Cash Flow Statement and its components
  • Accountancy - Income Flows, Cash Flows and their importance
  • Accountancy - Direct and Indirect methods of cash flow

Module 10: Budget and Financial reports

This Accountancy module covers the following key topics:

  • Accountancy - Identify financial terminology
  • Accountancy - Understand financial statements
  • Accountancy - Identify how to analyze financial statements
  • Accountancy - Understand budgets
  • Accountancy - How to make budgeting easy
  • Accountancy - Understand advanced forecasting techniques
  • Accountancy - Understand how to manage the budget
  • Accountancy - Identify How to make smart purchasing decisions
  • Accountancy - Identify the legal aspects of finances

Module 11: Analysed financial Statements

This Accountancy module covers the following key topics:

  • Accountancy - Ratio Analysis
  • Accountancy - Importance and Use of Financial Ratios
  • Accountancy - Limitation of Ration Analysis
  • Accountancy - Interested Parties in Financial Ratio Analysis
  • Accountancy - Types of Financial Ratios
  • Accountancy - Liquidity ratios
  • Accountancy - Asset Management Ratios
  • Accountancy - Leverage Ratios
  • Accountancy - Profitability Ratios
  • Accountancy - Valuation Ratios

Module 12: Investment Appraisal techniques

This Accountancy module covers the following key topics:

  • Accountancy - Introduction
  • Accountancy - Types of Investment Proposals
  • Accountancy - Need for Appraisal
  • Accountancy - Methods of Appraisal
  • Accountancy - Pay Back Period
  • Accountancy - Accounting Rate of Return
  • Accountancy - Discounted Cash Flow (DCF)
  • Accountancy - Net Present Value Method
  • Accountancy - Internal Rate of Return
  • Accountancy - Profitability Index
  • Accountancy - Depreciation, Tax and Inflows
  • Accountancy - Limitations of Investment Appraisal Techniques

Accountancy - Certificate

Upon successfully passing the Final Test Learner needs to pay for the CPD Accredited Certificate of Completion from UKPDA either in PDF format or Hard-copy.

CPD Accredited Certificate of Completion (PDF format) = £50

CPD Accredited Certificate of Completion (Hard-copy) = £75 + postage charges local £9 = £84

CPD Accredited Certificate of Completion (Hard-copy) = £75 + postage charges International £14 = £89

Who is this course for?

Accountancy - Assessment

After studying through the training manual, Learner will have to attempt Final Test (online multiple-choice test – 2 attempts), if necessary, may attempt the test third times at no extra cost. Your test will be assessed automatically and straightaway so that you will directly know whether you have been successful or not. The passing score is 75%. You can retake the test in the case of not being successful at the first attempt.

Before attempting your Final Test, you will have the opportunity to test your proficiency with a Mock Test (online multiple-choice test - Unlimited attempts).

All test(s) / Assessment(s) are online and are taken either through or after the course; these are included in the course price.

Accountancy - Duration

The minimum time period to complete this training is 4 Weeks. But it is a self-paced course, and the duration of completion depends on the learner’s pace and ability to give time to study.

Learners will have access to their Training via Learning Platform for up to 12 months from the date of enrollment. During this period, flexibility will be given to learners for completing the course at any time.

Accountancy- level 7

A career in Accountancy can be very rewarding, and also a very secure choice, as every business needs to keep and maintain financial records. This course is beneficial for candidates who are seeking to establish a foundation in the field of accountancy or already employed workers in accountancy seeking promotion.

Requirements

Accountancy

There are no precise requirements for Accountancy Certificate as no prior knowledge and experience of Accountancy is required.

Students seeking to enrol for this course should meet the following requirements;

  • Basic knowledge of English Language & Basic Computer Skills
  • Be age 16 years or above

Career path

Accountancy

After completing the course of accountancy level 7, the candidate will be able to avail various jobs which are helpful in many fields working as an:

  • Accounting clerk
  • Book-keepers
  • Credit analyst
  • Compliance officers
  • Auditors
  • Personal finance Auditor
  • Budget Analyst
  • Accountant Professor
  • Test Accountant

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Optional extras

Digital certificate

Certificate of completion can be purchased with the provider at an additional cost of £50.00

Additional information:

Upon successfully passing the Final Test Learner needs to pay for the CPD Accredited Certificate of Completion from UKPDA either in PDF format or Hardcopy.

Hard copy certificate

Certificate of completion can be purchased with the provider at an additional cost of £75.00

Additional information:

Upon successfully passing the Final Test Learner needs to pay for the CPD Accredited Certificate of Completion from UKPDA either in PDF format or Hardcopy.

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At Reed Courses, 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 Courses, 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 Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.