Account Management
Accounting - Course Benefits
When studying for a endorsed Accounting Management with Brentwood Open Learning College, every learner benefits from:
- The most comprehensive introduction to the Accounting profession, along with its role and importance in a wider business context.
- Flexible online learning with absolutely no deadlines or time restrictions to worry about – study in your own time and at your own pace.
- No geographical restrictions – our courses are open to ambitious candidates on a global basis.
- Full 24/7 access to our exclusive digital learning platform and comprehensive support from your personally-assigned tutor.
- The opportunity to study at home for an internationally-recognized Accounting qualification that could transform your career.
Accounting - Course Learning Objectives
This Level 3 Accounting covers every essential practical skill and theoretical concept the learner must master to join this highly-competitive industry. Upon completion of the course, candidates will have the opportunity to pursue professional positions in key areas of Accountancy, or begin establishing their own consultancies from scratch. Ultimately, the objective of the Accounting Course is to assist learners with their transition from enthusiastic newcomer to fully-qualified and employed professional.
Over Accounting Course 06 intensive modules, candidates explore the primary responsibilities and daily duties of the working Accountant. A range of crucial fraud-detection methods are investigated, along with effective evidence-gathering techniques, the growing threat cyber-crime poses to organisations at all levels and the importance of proactive fraud-prevention. The Accounting course also covers the role of the forensic accountant as part of a wider fraud-prevention team.
Upon successful completion of this Accounting course, candidates take away the most essential industry-specific skills, talents and knowledge including:
- A detailed understanding of the Accountancy profession
- How Accountants protect businesses from loss and damage
- Accounting - Course Outline
This course Accounting- Course is delivered across 06 intensive modules – each concluding with an online assessment to verify your acquired knowledge and competencies. Comprehensive support and guidance will be provided by your personally-assigned tutor throughout your studies.
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 - The 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 4 - Profit and Loss Accounts
This unit covers the following key topics:
- Statement of Profit and Loss
- Measurement of Income
- Preparation of Profit or Loss Account
- Plus more
Unit 5 - Cash Flow Statement
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 6 - 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
