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Accountancy

Accountancy Level 5 by ABC Awards,CPD Accredited | 130 CPD Credits | Tutor Support, Study Material & Exam included


Oxford Home Study College

Summary

Price
Save 98%
£10 inc VAT (was £740)
Offer ends 18 August 2020
Study method
Online, self-paced
Duration
300 Hours
Qualification
No formal qualification
CPD
130 CPD hours / points
Achievement
Endorsed by ABC Awards
Additional info
  • Tutor is available to students

488 students purchased this course

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Overview

ACCOUNTANCY - LEVEL 5

Certificate of achievement in Accountancy Level 5. Additional CPD Accredited Certificate with 130 CPD points available with no extra study.

Accountancy - Level 5. Endorsed Certificate of Achievement.
This Level 5 Diploma in Accountancy is the most advanced course ever offered here at OHSC. Designed exclusively for those who are serious about building rewarding careers at the very top-level of accountancy, the course gradually introduces every key duty and responsibility overseen by the professional accountant. Boost your career with our exclusive Level 5 Accountancy ! Learn how to successfully and confidently balance the books, contribute directly to the profitability of the respective business and take the first steps towards setting up your own independent accountancy firm.

Comprehensive Accountancy - Level 5 units take students from the basic accounting fundamentals to the various accountancy 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 Accountancy period, producing the statement of retained earnings and balance sheet, you will learn how each step is completed.

This self-paced programme is available 24/7 providing you with the flexibility to train at the pace, location and time of your choosing. Accredited certificate from a registered awarding body is available on course completion. College registration, tutor support, course materials and additional supporting material are all included in the course fee.

Achievement

Endorsed by ABC Awards

CPD

130 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

ACCOUNTANCY - LEVEL 5

For successful accountants, the world truly is their oyster. Quality Accountancy is in consistently high demand on a global basis, translating to limitless career prospects for qualified and capable professionals. To succeed in Accountancy, you need a keen eye for detail, a flair for numbers and an unwillingness to accept anything other than flawless results. Boost your CV with our highest-level Diploma Level 5 Accountancy and the world is yours for the taking!

Accountancy - Learning Outcomes

On Accountancy Diploma completion the learner should be able to;

  • Understand core duties and responsibilities of an accountant
  • Explore the roles, advantages and limitations of contemporary corporate accounting.
  • Identify and describe the three basic forms of business organizations;
  • Discuss four main types of financial statements;
  • Understand how to organize and record financial transactions;
  • Outline the steps in the accounting cycle;
  • Understand how to work with t-accounts and journals;
  • Explain how to close out a set of accounts using a worksheet;
  • Describe how to prepare a classified balance sheet;
  • Understand what are sales variances, overhead variances, labour variances and cost variances
  • Explain how to determine optimal cash balance.

Accountancy - Course Syllabus:

This Accountancy - Level 5 consists of following modules:

Unit 1 - Accounting Basics

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 - Accountant's Roles and Responsibilities

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 - Accounting Concepts and Principles

This unit covers the following key topics:

  • Concepts of accounting
  • Accounting Framework
  • Standards of accounting
  • Plus more


Unit 4 - Subsidiary Books of Accounts

This unit covers the following key topics:

  • Journal And Subsidiary
  • Advantages of Journal
  • Sub-Division of Journal
  • Ledger
  • Distinction between Journal and Ledger
  • Subsidiary Books
  • Basic Document for Subsidiary Books
  • Advantage of Subsidiary Books
  • Imprest System
  • Plus more


Unit 5 - How to Prepare a Profit and Loss (Income) Statement

This unit covers the following key topics:

  • Statement of Profit and Loss
  • Measurement of Income
  • Preparation of Profit or Loss Account
  • Plus more


Unit 6 - What is Balance Sheet?

This unit covers the following key topics:

  • Balance Sheet
  • Purpose of Financial Statements
  • Prepare a Balance Sheet
  • Assets
  • Analyze a Balance Sheet
  • Current Ratio
  • Quick Ratio
  • Working Capital
  • Debt/Worth Ratio
  • Plus more


Unit 7 - Statement of Cash Flows

This unit covers the following key topics:

  • Cash Flow
  • Initial Investment
  • Cash
  • Receivables
  • Inventory, Supplies, and Prepaid Expenses
  • Sources of Funds
  • Funds from Operations
  • Uses and Application of Funds
  • Plus more


Unit 8 - Basics of Financial Management

This unit covers the following key topics:

  • Introduction to Financial Management
  • Categories of Financial Management
  • Scope of Financial Management
  • Finance Functions
  • Finance and Accounting
  • Plus more


Unit 9 - What is Budgeting and Why is it Important?

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 10 - Working Capital Management

This unit covers the following key topics:

  • Significance of Working Capital
  • Operating Cycle
  • Concepts of Working Capital
  • Kinds of Working Capital
  • Components of Working Capital
  • Importance of Working Capital Management
  • Determinants of Working Capital Needs
  • Approaches to Managing Working Capital
  • Measuring Working Capital
  • Working Capital Management Under Inflation
  • Efficiency Criteria
  • Plus more


Unit 11 - Types of Investments

This unit covers the following key topics:

  • Introduction to Investment Methods
  • Types of Investment Proposals
  • Project Report
  • Methods of Appraisal
  • Depreciation, Tax, and Inflows
  • Cost of Capital
  • Limitations of Investment Appraisal Techniques
  • Plus more


Unit 12 - Variance (Accounting)

This unit covers the following key topics:

  • Variance
  • Types of Variance
  • Direct Material Variances
  • Computation of Labor Variances
  • Control of Variances
  • Variance Reporting
  • Plus more


Unit 13 - Importance of Ratio Analysis

This unit covers the following key topics:

  • Classification of Ratio
  • Norms for Evaluation
  • Managerial Uses of The Primary Ratio
  • Plus more

Accountancy - Course 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.

Accountancy - Course Material

All Accountancy Diploma Level 5 materials are included in the 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.

Our distance learning 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

Accountancy - Course assessment

You will be continually assessed throughout the 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 Oxford Home Study College 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.

Who is this course for?

ACCOUNTANCY - LEVEL 5

  • 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.

Requirements

Accountancy - Level 5

No particular entry requirement.

OPTION-I: Endorsed Certificate of Achievement from ABC Awards

At the end of the course, learner can claim an endorsed certificate by paying £120 accreditation fee+postal charges.

Certificate of course Completion

(soft copy) can be claimed for £15. If you need hard copy of this certificate you will pay £25

OPTION-II: CPD Certificate

Upon successful completion of the course, a fee is payable for a CPD Accredited Diploma in PDF format or hard copy.

CPD Accredited Diploma (PDF format)=£30

CPD Accredited Diploma (Hardcopy)=£95

Postage Charges:

National £9

International £15

Career path

Accountancy - Level 5

After Completing Accountancy - Level 5, 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.
  • Accounting Clerk
  • Auditing Clerk
  • Accounts Receivable Clerk

Questions and answers

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

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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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