Accounting and Business Finance

ey give a systematic method for explaining the operations of the business. This Accounting and Finance course is a great method to learn about different sectors of business while also obtaining a certificate that can help you establish, operate, and build a successful business career.

Our Accounting and Finance course is one of the most effective methods to realise your ambition of becoming an accountant. We intend to provide you with the necessary abilities to excel in this field and improve your knowledge to shine as an accountant. So sign up for our fantastic course, and you will be one step closer to achieving your goal.

However, we have expertly designed this Accounting and Finance course with some easy-to-digest sections that will teach you about accounting, the responsibilities of an accountant, and other accounting principles and standards. You will also learn about the various areas of accounting, such as bookkeeping, financial statements, cash flow statements, budgeting and planning, auditing, and much more. Thus, if you want to advance in your job and expand your business, enrol in our course and achieve your goals.

Learning Outcomes

Upon successful completion of the Accounting and Finance course, you will be able to,

• Learn everything you can about accounting.
• Learn accounting concepts and standards.
• Learn the concept of double-entry bookkeeping.
• Learn how to make a financial statement for a company account.
• Learn how to make a profit and loss statement for the business account.
• Learn about budgeting and financial planning by balancing your spending and income.

Experts created the course to provide a rich and in-depth training experience for all students who enrol in it. Enrol in the course right now and you'll have immediate access to all of the course materials. Then, from any internet-enabled device, access the course materials and learn when it's convenient for you.

Start your learning journey straight away with this course and take a step toward a brighter future!

Why Prefer this Course?

• Opportunity to earn a certificate endorsed by the Quality Licence Scheme and another certificate accredited by CPD after completing this course
• Student ID card with amazing discounts — completely for FREE! (£10 postal charges will be applicable for international delivery)
• Standard-aligned lesson planning
• Innovative and engaging content and activities
• Assessments that measure higher-level thinking and skills
• Complete the program in your own time, at your own pace
• Each of our students gets full 24/7 tutor support

*** Course Curriculum ***

Here is the curriculum breakdown of the course:

►►►Diploma in Accounting and Finance at QLS Level 4◄◄◄

Module 01: Introduction to Accounting

• What Is It?
• Accounting and Bookkeeping
• Who Uses This Information?
• Accountability in Accounting
• Financial Statements
• How Different Business Entities Present Information

Module 02: The Role of an Accountant

• What Is an Accountant?
• Roles and Responsibilities
• Important Skills
• Accounting Automation
• Transparency and Security
• Data Analysis

Module 03: Accounting Concepts and Standards

• Introduction to Concepts
• Introduction to Standards
• Standards in the UK
• International Standards
• International Financial Reporting Standards

Module 04: Double-Entry Bookkeeping

• Introduction of Double-Entry Bookkeeping
• What Does the Account Show?
• Account Name
• Debits and Credits
• Account Details
• Rules for Double-Entry Transactions
• Accounting for Inventory
• Double-Entry Transactions for Inventory
• Returns of Inventory
• Drawings
• Income and Expenses
• How Many Different Expense Accounts Should Be Opened?
• Balancing Accounts
• General Rules for Balancing Accounts

Module 05: Balance Sheet

• Introduction of Balance Sheet
• The Components of a Balance Sheet
• Assets
• Liabilities
• Net Worth or Equity
• The Accounting Equation
• Understanding the Balance Sheet
• What Does the Date on the Balance Sheet Mean?

Module 06: Income statement

• Understanding the Income Statement
• The Accrual Concept
• Revenue
• Expenses
• Net Income
• Interest and Income Taxes
• Bad Debt Expense

Module 07: Financial statements

• Introduction of Financial Statements
• Trial Balance
• Statement of Comprehensive Income
• Calculation of Profit
• Difference between Gross and Net Profits
• Trading Account
• Profit and Loss Account
• Statement of Financial Position
• Non-Current Assets
• Current Assets
• Current Liabilities
• Non-Current Liabilities
• Capital

Module 08: Cash Flow Statements

• What Is a Statement of Cash Flows?
• What Is the Purpose of the Cash Flow Statement?
• Cash and Cash Equivalents
• Operating Activities
• Investing Activities
• Financing Activities

Module 09: Understanding Profit and Loss Statement

• Introduction of Profit and Loss Account
• Measurement of Income
• Relation Between Profit and Loss Account and Balance Sheet
• Preparation of Profit and Loss Account

Module 10: Financial Budgeting and Planning

• What Is a Budget?
• Planning and Control
• Advantages of Budgeting
• Developing the Profit Strategy and Budgeted Profit and Loss Statement
• Budgeting Cash Flow from Profit for the Coming Year
• Capital Budgeting

Module 11: Auditing

• What Is an Audit?
• Types of Audits
• External Audits
• Internal Audits
• Internal Revenue Service (IRS) Audits
• Why Audits?
• Who’s Who in the World of Audits
• What’s in an Auditor’s Report

Assessment Process

We offer an integrated assessment framework to make the process of evaluating learners easier. You have to complete the assignment questions given at the end of the course and score a minimum of 60% to pass each exam.Our expert trainers will assess your assignment and give you feedback after you submit the assignment.

You will be entitled to claim a certificate endorsed by the Quality Licence Scheme after you have completed all of the exams.

Show off Your New Skills with a Certificate of Completion

Endorsed Certificate of Achievement from the Quality Licence Scheme

After successfully completing the course, you can order an original hardcopy certificate of achievement endorsed by the Quality Licence Scheme. The certificate will be home-delivered, with a pricing scheme of —

• 99 GBP inside the UK
• 109 GBP (including postal fees) for International Delivery

Certificate Accredited by CPD

Upon finishing the course, you need to order to receive a Certificate Accredited by CPD that is recognised all over the UK and also internationally. The pricing schemes are —

• 10 GBP for Digital Certificate
• 29 GBP for Printed Hardcopy Certificate inside the UK
• 39 GBP for Printed Hardcopy Certificate outside the UK (International Delivery)

Is This Course Right for You?

Anyone interested in learning more about this subject should take this course. This will help you grasp the basic concepts as well as develop a thorough understanding of the subject.

All are welcome to take this course. There are no prerequisites for enrolment, and you can access the course materials from any location in the world.

The program does not require any prior knowledge; everyone may participate! This course is open to anyone interested in learning from anywhere in the world.

Every student must be over the age of 16 and have a passion for learning and literacy.

This 100% online course can be accessed from any internet-connected device, such as a computer, tablet, or smartphone. This Accounting and Finance course allows you to study at your speed and grow a quality skillset.

following careers.

• Managing Director
• Accounting Manager
• Finance Manager

In the UK, the average salary of these professions ranges from £25,000 - £60,000 per annum.