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Accountancy (Accountant Training)

Diploma QLS Level 5 *Complete Course* | *FREE PDF Certificate* | 130 CPD Points | *COVID-19 & Bookkeeping FREE Courses*


Oxford Home Study College

Summary

Price
Save 36%
£12 inc VAT (was £19)
Offer ends 10 May 2024
Study method
Online
Duration
450 hours · Self-paced
Qualification
No formal qualification
CPD
130 CPD hours / points
Achievement
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

294 students purchased this course

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Overview

ACCOUNTANCY

*** 3 Courses Bundle***

Diploma in Accounting & Finance QLS Level 5. Additional CPD Accredited Certificate Accountancy in Accountancy with 130 CPD points available with no extra study. This Accountancy course comes with easy to understand e-learning study materials.

**FREE Bookkeeping Course**FREE COVID-19 Course**

Accounting & Finance QLS Level 5. Endorsed Certificate of Achievement.


This Level 5 Diploma in Accountancy 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 Accountancy ! 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 accountancy firm.

Comprehensive Accountancy Level 5 units take students from the basic accounting fundamentals to the various accountancy 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 Accountancy 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 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.

What Will I Learn From This Accountancy Diploma:

On Accountancy 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.

Why Students prefer this Accountancy Diploma from OHSC:

  • Fully Endorsed Accountancy Course
  • Accountancy Specialist Tutors
  • Accountancy Course does not expire till you successfully complete it
  • The option to take study breaks at any time at no extra cost
  • No deadlines, no time restrictions and no fixed schedules
  • All required study materials and supporting documentation included as standard – no additional costs or expenses at any time.
  • Online assessments to test your new skills and knowledge
  • The opportunity to enhance and improve your CV and career prospects.
  • The opportunity to study from any location in the world.

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

*** 2 Free Gifts included in Accountancy ***

***FREE Bookkeeping Course***

This Free Bookkeeping course covers the following topics:

  • Introduction
  • Basic Terminology (I)
  • Balance Sheet
  • Assets
  • Liabilities
  • Equity
  • Depreciation
  • General Ledger
  • Interest
  • Inventory
  • Journals
  • Payroll
  • Trial Balance

***FREE Covid-19 Course***

This Free COVID-19 course covers the following topics:

  • What Are Coronaviruses?
  • What is COVID-19?
  • What Are the Symptoms of COVID-19?
  • Is it a Cold, the Flu or COVID-19?
  • Mild vs Severe Infection
  • How is the Coronavirus Transmitted?
  • When to End Self-Isolation at Home
  • Is There a COVID-19 Vaccine?
  • Is There a Treatment for COVID-19?
  • What Happens Next?

***This offer ends soon***

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.

Achievement

CPD

130 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

LEVEL 5

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 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.

Course Syllabus:

This Accountancy Level 5 consists of following modules:

Unit 1 - Accounting Basics

This Accountancy 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 - Accountant's Roles and Responsibilities

This Accountancy 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 Principles

This Accountancy unit covers the following key topics:

  • Concepts of accounting
  • Accounting Framework
  • Standards of accounting

Unit 4 - Subsidiary Books of Accounts

This Accountancy 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 - How to Prepare a Profit and Loss (Income) Statement

This Accountancy unit covers the following key topics:

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

Unit 6 - What is Balance Sheet?

This Accountancy 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 - Statement of Cash Flows

This Accountancy 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 - Basics of Financial Management

This Accountancy unit covers the following key topics:

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

Unit 9 - What is Budgeting and Why is it Important?

This Accountancy 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 10 - Working Capital Management

This Accountancy 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 11 - Types of Investments

This Accountancy 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

Unit 12 - Variance (Accounting)

This Accountancy unit covers the following key topics:

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

Unit 13 - Importance of Ratio Analysis

This unit covers the following key topics:

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

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 Accountancy 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

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.

Who is this course for?

ACCOUNTANCY LEVEL 5

  • 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.

Requirements

Accountancy - Level 5

No particular entry requirement.

Option 1

Diploma in Accounting & Finance Diploma QLS Level 5 endorsed by Quality Licence Scheme

Certificate Fee: £120 + postal charges

Option 2

Accountancy Diploma issued by OHSC

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

Career path

Accountancy Level 5

After Completing Accountancy Level 5, Opportunities for employment may include working as an:

  • Accounts Assistant
  • Accounts Payable Clerk
  • Audit Trainee
  • Bookkeeper
  • Finance Assistant
  • Tax Assistant / Accountant.
  • Accounting Clerk
  • Auditing Clerk
  • Accounts Receivable Clerk

Questions and answers

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

Reviews

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Content
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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

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 Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.