Accounting and Finance

Accounting and Finance

Diploma in Accounting and Finance QLS Level 5. Diploma of achievement in Accounting & Finance Management . Additional CPD Accredited Certificate with 130 CPD points available without extra study. This Accounting and Finance course comes with easy to understand e-learning study materials.

Endorsed Certificate of achievement in Accounting and Finance. Accounting and Finance is of great interest to business professionals and entrepreneurs interested to get a thorough introduction to Accounting and Finance practices and theory and to all learners wishing to take Accounting and Finance as a future career. Accounting and Finance helps businesses to measure, monitor and plan their operations. Account Management Level 5 has been planned for newcomers to deliver an perceptive introduction to business Accounting and Finance as both a idea and a occupation. This superior Accounting and Finance Level 5 might make all the modification!

Accounting and Finance

Learning Outcomes

On Level 5 completion the learner should be able to;

• Understand the characteristics of Management and Leadership
• Understand the management challenge and the new functions of management
• Identify and explain requirements for effective resource management in a business
• Identify problems relating to managing resources, overcoming the problems and handling the resources efficiently
• Understand Debits and Credits
• Reading Annual Reports
• Understanding Ratios and their Use in Decision Making
• Identifying High and Low Risk Companies
• Understand the idea of funds flowing through a business
• Describe the role of working capital in the operations of a business
• Use cash flow statements as analytical tools
• Understand the basic aspects of financial planning and the role of budgeting
• Explain various types of budgets
• Describe an appreciation for the need for proper investment appraisal.
• Explain the various methods of appraising capital projects, including their relative merits and demerits
• Identify some other concepts relevant in investment appraisal.

Accounting and Finance 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.

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

Course Material

All course 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

Course assessment

You will be continually assessed throughout the Accounting and Finance Diploma Level 5 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.

Quality Licence Scheme

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

Accounting and Finance

Course Syllabus

The Diploma Level 5 consists of the following units:

Unit 1 - Introduction to Accounting

This Accounting and Finance 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

Unit 2 - The Role of An Accountant

This Accounting and Finance 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

Unit 3 - Accounting Concepts and Standards

This Accounting and Finance unit covers the following key topics:

• Concepts of accounting
• Accounting Framework
• Standards of accounting

Unit 4 - Journals and Subsidiary Books

This Accounting and Finance 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

Unit 5 - Profit And Loss Accounts

This Accounting and Finance unit covers the following key topics:

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

Unit 6 - Balance Sheet

This Accounting and Finance 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

Unit 7 - Cash Flow Statements

This Accounting and Finance 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

Unit 8 - Budgeting

This Accounting and Finance 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

Unit 9 - Variance Analysis

This Accounting and Finance unit covers the following key topics:

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

Unit 10 - Ratio Analysis

This Accounting and Finance unit covers the following key topics:

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

Unit 11 - Financial Management

This Accounting and Finance unit covers the following key topics:

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

Unit 12 - Management of Working Capital

This Accounting and Finance 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

Unit 13 - Investment Methods

This Accounting and Finance 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

Accounting and Finance

• 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 and Finance

There is no particular entry requirement.

Option 1

Accounting and Finance Diploma QLS Level 5 endorsed by Quality Licence Scheme

Certificate Fee: £120 + postal charges

Option 2

Accounting and Finance Diploma issued by CPD

PDF Certificate - FREE

Hard copy - £25 + postal charges

Option 3

CPD Accredited Certificate

(PDF format)=£30

(Hard copy)=£95 + postal charges

*Postage Charges: National £9, International £15

Accounting and Finance

After completing Accounting and Finance Level 5, Opportunities for employment may include working as an:

• Accounts Assistant
• Accounts Payable & Expenses Supervisor
• Accounts Payable Clerk
• Payroll Administrator / Supervisor
• Tax Assistant / Accountant.
• Accounting Clerk
• Accounts Receivable Clerk

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