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Accounting Advanced Diploma Level 5 Endorsed by ABC Awards | Tutor Support and Assessments included in the Course Price


Brentwood Open learning College

Summary

Price
Save 98%
£10 inc VAT (was £760)
Offer ends 21 July 2020
Study method
Online, self-paced
Duration
320 Hours
Qualification
No formal qualification
Achievement
Endorsed by ABC Awards
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

797 students purchased this course

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Overview

Accounting

Study Accounting Level 5 for the opportunity to earn an endorsed Certificate of Achievement. Explore the field of professional Accounting at Diploma Level 5, building the skills and knowledge to pursue a rewarding career in Accounting. Get started on your endorsed Level 5 Accounting Certificate right now!

If you’re serious about building a lifelong career as a qualified accountant, we’re serious about making it happen! Our most advanced Accounting - Diploma has been designed for ambitious candidates with the very top of the ladder in their sights. Accounting helps businesses to measure, monitor and plan their operations. Study from home at a pace that suits you for a endorsed Accounting - Diploma, which could transform your career prospects like never before. Backed by the committed support of your own personally-assigned tutor, success has never been so accessible!

This engaging Accounting - Diploma introduces the most advanced complexities and core concepts of the industry in a digestible and structured manner. Explore the recent evolution of the Accounting profession, along with the skills required to confidently work with balance sheets, income statements, cash flow statements and more. Emerge qualified, capable and with the confidence to step into a high-level Accountancy position with an established organization, or perhaps start your own Accounting company from scratch.

This self-paced programme is available 24/7 providing you with the flexibility to train at the pace, location and time of your choosing. Endorsed 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

Course media

Description

Accounting

Accounting Diploma (Learning Outcomes)

Accounting - 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. From understanding debits and credits and using simple T-Accounts to closing out the Accounts at the end of an Accounting period, producing the statement of retained earnings and balance sheet, you will learn how each step is completed.

Accounting course completion the learner should be able to;

  • Explore the roles, advantages and limitations of contemporary corporate Accounting.
  • Understand core duties and responsibilities of an Accountant
  • Discuss four main types of financial statements;
  • Identify and describe the three basic forms of business organizations;
  • Understand how to work with t-Accounts and journals;
  • Understand how to organize and record financial transactions;
  • Outline the steps in the Accounting cycle;
  • 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.

Diploma Course Syllabus:

The Accounting Diploma consists of the following units:

Unit 1 - Introduction to Accounting

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 - Accounting Concepts and Standards

This unit covers the following key topics:

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


Unit 4 - Journals and Subsidiary Books

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 - 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 6 - 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 - Cash Flow Statements

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 - 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


Unit 9 - Variance Analysis

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 10 - Ratio Analysis

This unit covers the following key topics:

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


Unit 11 - 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 12 - Management of Working Capital

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 13 - Investment Methods

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

Who is this course for?

Accounting

  • Candidates with an interest in working in an Accounting firms
  • Anyone interested in a career in finance
  • Accountancy workers with no formal qualifications
  • Anyone looking to enhance their career prospects
  • Business owners and managers who look after their own Accounts
  • Existing Accountancy workers in pursuit of promotion

Requirements

Accounting

We do not ask for any previous qualification or experience.There is no particular entry requirement.

Endorsed Certificate of Achievement

At the end of the course, learner can claim an endorsed certificate by paying £120 accreditation fee.There are £9 postal charges for the UK students and £15 for the non UK students.

Certificate of Completion from BOLC

Certificate of Completion from BOLC (soft copy) can be claimed for £10. If you need hard copy of this certificate you will pay £25 + postal charges (£9 for UK students, £15 for outside UK)

Career path

Accounting

  • Candidates interested to start a career in Accounting
  • Business owners seeking to look after their own accounts
  • Existing Accountancy workers in seeking for higher positions or promotion
  • Accounting workers with no formal qualifications
  • Anyone wishing to boost their career prospects.

Questions and answers


No questions or answers found containing ''.


Nikki powell asked:

Is the 260 hours controlled? i.e A timer on your account once you have used the 260 hours, it no longer gives you access to the learning materials?

Answer:

This is the estimated time. Your course will not expire till you successfully complete it.

This was helpful. Thank you for your feedback.

Szabolcs Korsos asked:

How possible to start with level 4, because everywhere else you can start with level 4 if you already done with level 2 and level 3.

Answer:

Dear Szabolcs, You can enrol directly on level 4 course. There is no need to complete level 1-3, as level 4 course combines all the 4 levels. The course starts from the very basics and takes you to the advanced level. We, therefore, do not ask for any previous experience in the subject as it suits the beginners as well. On course completion students can claim endorsed certificate by paying £95 accreditation fee. Certificate postal charges will be £9 for UK and £15 for outside of UK.

This was helpful. Thank you for your feedback.

Szabolcs Korsos asked:

Could you tell me about exams, how it is work? There is one final exam the end of the course or we have some exams durring the course?

Answer:

Dear Szabolcs, The courses are assignment based. After each course unit, you will complete an assignment which you will submit to your tutor for marking and move on to your next unit to complete the course. In the end, you will be accessed by your submitted assignments. There is no formal exam to take at the end. On course completion students can claim endorsed certificate by paying £95 accreditation fee. Certificate postal charges will be £9 for UK and £15 for outside of UK.

This was helpful. Thank you for your feedback.

Waqas asked:

Hi. I'm from Pakistan and need to know who what exact certificate do I get after completion of this course. I'm asking about the accrediting body.

Answer:

Dear Waqas, This Accounting Level 5 Advanced Diploma is endorsed by ABC Awards, which is Ofqual's registered awarding body. Their qualifications are respected by the employers in the UK and abroad.

This was helpful. Thank you for your feedback.

Szabolcs Korsos asked:

I would like to ask that exams are online exams or in personal somewhere? If personal, where can we take the exams in the country?

Answer:

Dear Szabolcs, We are an online college. Our courses can be completed from around the world. The courses are assignment based. After each course unit, you will complete an assignment which you will submit to your tutor for marking and move on to your next unit to complete the course. There is no formal exam to take at the end. On course completion students can claim endorsed certificate by paying £95 accreditation fee. Certificate postal charges will be £9 for UK and £15 for outside of UK.

This was helpful. Thank you for your feedback.

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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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