Financial Reporting and Taxation and Advanced Financial Reporting
Endorsed by Quality License Scheme | Assessment Included in the Price | Endorsed Certificate with Unit Summary Included
South London College
Summary
- Exam(s) / assessment(s) is included in price
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Overview
Diploma in Advanced Financial Reporting - Level 5 & Diploma in Financial Reporting and Taxation - Level 4
Essential Qualifications for Finance Professionals!
The two qualifications offered in this bundled course offer extensive knowledge in financial reporting for any professional working in the accounting field.
This Diploma in Advanced Financial Reporting – Level 5 aims to build on your basic financial reporting knowledge, taking you through all the financial accounting processes and principles to create and report financial statements within an organisation. This comprehensive course will familiarise you with the role of financial reporting within an organisation. You will be taught on how to create effective financial statements and statements of financial position to help the management make appropriate strategic decisions based on them. Topics such as equity finance, group accounts, long-term finance, piecemeal acquisition, foreign currency, cash flow and many other aspects of advanced financial reporting will be duly covered through this course. Further, the role of equity finance in raising capital will be emphasised in this course, followed by modules that will explore the advanced financial reporting techniques needed for a smooth financial reporting process. By the completion of this course, you will possess all that you need to get into or make substantial progress within the finance industry.
Financial reporting is a vital part of an organisation that keeps track of its financial progress. Without proper financial accounting, it would be impossible to determine the success of a business, which is why employers look for skilled and talented financial accountants to join their businesses. Ongoing education is essential for professionals within this industry and this Diploma in Financial Reporting and Taxation – Level 4 has been developed exactly for that purpose. This extensive course will relay the latest financial and taxation aspects to help you advance your financial reporting and taxation career.
This insightful course will first enlighten you on the role, duties and responsibilities of financial accounting and tax. All the accounting and financial reporting regulations and ISAB accounting framework will be presented through this course, after which you will explore the various financial statements needed for an effective financial accounting process. This course will also walk you through the accounting standards, principles and policies that have to be followed while carrying out the accounting process. Further, this course will cover taxation by teaching you about taxes, types of taxes and taxes in financial statements. You will get to delve into the whole concept of international and financial statement taxes, employee benefits, corporate governance, ethics and financial reporting, capital management, and many more that will further solidify your knowledge on financial accounting and taxation.
These courses have been endorsed under the Quality Licence Scheme (QLS). This means that Imperial Learning Limited* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of these courses alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The learner unit summary may be used as evidence towards recognition of prior learning if you wish to progress your studies in this subject. To this end the learning outcomes of the courses have been benchmarked at Level-5 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.
The courses themselves have been designed by Imperial Learning Limited* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications.
The QLS endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.
Eligible for TOTUM card - TOTUM is the #1 student discount card and app giving you access to exclusive student deals on food and fashion, tech and travel and everything in between.
*South London College is an approved reselling partner for Quality Licence Scheme courses under Imperial Learning Limited
*Regulated qualification refers to those qualifications that are regulated by Ofqual/CCEA/Qualification Wales
Achievement
Course media
Description
What Will I Learn?
- Gain a clear understanding of your job role in accounting and tax
- Become an expert at producing financial statements
- Gain a thorough understanding of taxes, types of taxes and taxes in financial statements
- Learn about employee benefits.
- Understand accounting standards, principles and policies.
- Learn about financial statements covering associates
COURSE CURRICULUM
----------Diploma in Advanced Financial Reporting - Level 5----------
Module 01 : Long-Term Finance
Module 02 : Raising Equity Finance
Module 03 : Cost Of Capital And Capital Structure
Module 04 : Group Accounts - Introduction
Module 05 : The Statement Of Financial Position Part 1
Module 06 : The Statement Of Financial Position Part 2
Module 07 : The Income Statement
Module 08 : Associates
Module 09 : Ifrs 11 Joint Arrangements
Module 10 : Vertical Groups
Module 11 : Mixed Groups
Module 12 : Piecemeal Acquisitions
Module 13 : Disposals And Re-Organisations
Module 14 : Foreign Currency
Module 15 : Statement Of Cash Flows
Module 16 : Cash Flows
Module 17 : Consolidated Statement Of Changes In Equity
Module 18 : Ias 18 Revenue
Module 19 : Ias 24 Related Party Disclosures
Module 20 : Provisions, Contingent Liabilities And Contingent Assets
Module 21 : Accounting For Leases
Module 22 : Deferred Taxation
Module 23 : Financial Instruments
Module 24 : Financial Instruments Part 2
Module 25 : Share-Based Payments
Module 26 : Earnings Per Share
Module 27 : Ratio Analysis
Module 28 : Segmental Analysis
Module 29 : Appendix Tables And Formulas
----------Diploma in Financial Reporting and Taxation - Level 4----------
Module 01 : Regulation Of Accounting And Financial Reporting
Module 02 : Iasb Accounting Framework
Module 03 : Introduction To The Financial Statements
Module 04 : Ias 2 Inventories And None Current Assets
Module 05 : Intangible Assets
Module 06 : Producing Financial Statements
Module 07 : The Statement Of Cash Flows
Module 08 : Group Accounts
Module 09 : The Statement Of Financial Position
Module 10 : The Income Statement
Module 11 : Associates
Module 12 : The Accounting Standards
Module 13 : Employee Benefits
Module 14 : Tax Overview
Module 15 : Types Of Tax
Module 16 : International Tax And Tax In The Financial Statements
Module 17 : The Role Of The External Auditor
Module 18 : Corporate Governance
Module 19 : Ethics And Financial Reporting
Module 20 : Managing Capital Management
Module 21 : Receivables And Payables Management
Module 22 : Inventories And Cash Management
Module 23 : Short Term Finance And Investment
Access Duration
The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.
Method of Assessment
This online course will be evaluated through written assignments. In order to complete this programme successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.
Certification
At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).
Awarding body (Accreditation)
The Quality Licence Scheme has long-established reputations for providing high quality vocational qualifications across a wide range of industries. The Quality Licence Scheme combines over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, The Quality Licence Scheme also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
Who is this course for?
- Accounts Officer
- Accountant, Accounts Executive
- Tax Accountant
- Auditor
- Account Assistant
- Anyone who is looking to gain knowledge and skills in Financial Reporting and Taxation.
Requirements
- Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
- A recognised qualification at level 3 or above in any discipline.
Career path
- Accountant – £28,565 per annum
- Tax Accountant – £29,001 per annum
- Accounts Assistant – £18,883 per annum
- Accounts Executive – £22,243 per annum
- Staff Accountant – £24,115 per annum
- Accounting Assistant – £20,352 per annum
- Accounting Clerk – £17,609 per annum
- Accounts Payable Clerk – £19,801 per annum
Questions and answers
Why is this course called a Diploma when there is no official qualification? Do you at least get a certificate of completion?
Answer:Dear Claire Thank you very much for your query. You will recieve a well recognized qulification accredited by ABC Awards. ABC Awards is a Ofqual regulated awarding body but the course is not individually regulated by Ofqual. Since the certification is endorsed by an ABC Awards it has the quality and standard. Hurry up to grab the discount. As it ends soon. Regards, Student Support Team.
This was helpful.If I don't pass one or more assessments 1st time, can I retake them? Is there an additional cost?
Answer:Dear Claire Thank you very much for your query. There is a very less chance for you to get failed as the study material are well structured and you will be given tutor support. How ever the exam can be retaken upon a small subscription. Hurry up to grab the discount. As it ends soon. Regards, Student Support Team.
This was helpful.Hello. Is the Certificate awarded by ABC & CERTA, or by QUALITY LEARNING SCHEME, as mentioned in the description?
Answer:Dear Shana, Thank you for your query. Yes it is mentioned, Endorsed by The Quality Licence Scheme The Quality Licence Scheme has long-established reputations for providing high quality vocational qualifications across a wide range of industries. The Quality Licence Scheme combines over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers. Regards, Student Support Team
This was helpful.
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