Accounting : Accounting and Finance Higher Level 5

Accounting

**Accounting****Endorsed Certificate from Ofqual's regulated Awarding Body**.
**Accounting - Course**This Level 5 Diploma in Accounting 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 Accounting ! 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 Accounting firm.

Accounting

Comprehensive Accounting 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.

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 Ofqual's 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.

Accounting

For successful accountants, the world truly is their oyster. Quality Accounting is in consistently high demand on a global basis, translating to limitless career prospects for qualified and capable professionals. To succeed in Accounting, 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 Accounting and the world is yours for the taking!

Accounting Learning Outcomes

On Accounting 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.

Accounting Syllabus:

This Accounting Level 5 consists of following modules:

Unit 1 - Accounting Basics
Unit 2 - Accountant's Roles and Responsibilities
Unit 3 - Accounting Concepts and Principles
Unit 4 - Subsidiary Books of Accounts
Unit 5 - How to Prepare a Profit and Loss (Income) Statement
Unit 6 - What is Balance Sheet?
Unit 7 - Statement of Cash Flows
Unit 8 - Basics of Financial Management
Unit 9 - What is Budgeting and Why is it Important?
Unit 10 - Working Capital Management
Unit 11 - Types of Investments
Unit 12 - Variance (Accounting)
Unit 13 - Importance of Ratio Analysis

Accounting 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
• The benefit of applying for NUS extra Discount Card.

Accounting - Material

All Accounting 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

Accounting - 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.

Accounting

• 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

There is no particular entry requirement for Accounting- Level 5. We do not ask for any previous qualification or experience. Students of all age and academic background can enrol on this course.

*Note: This course is offered on special discounted price on REED only and does not include awarding body accreditation charges. At the end of the course, learner can claim an endorsed certificate by paying £120 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).

Accounting

After Completing Accounting, 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

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