Level 3 Foundation Diploma in Accountancy

Tuesday, 15 October 2024 11:52:27

International applicants and their qualifications are accepted.

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Level 3 Foundation Diploma in Accountancy

OfQual.gov.uk qualification number: 603/3811/8 Click to Verify
Overview

The Level 3 Foundation Diploma in Accountancy is a comprehensive program designed to provide learners with a solid foundation in the field of accountancy. This diploma course covers essential topics such as financial accounting, management accounting, bookkeeping, and business mathematics. Students will develop practical skills in recording financial transactions, preparing financial statements, and analyzing financial data. The course aims to equip individuals with the knowledge and skills necessary to pursue entry-level positions in accounting or progress to further education in accountancy. Graduates will have a strong understanding of basic accounting principles and be prepared for junior roles in accounting departments or bookkeeping positions.

The Level 3 Foundation Diploma in Accountancy is an ideal starting point for individuals aspiring to build a career in the field of accountancy. This comprehensive course provides a solid foundation in fundamental accounting principles and practices.

By enrolling in this diploma program, you will gain essential knowledge and skills in areas such as financial accounting, management accounting, taxation, and business ethics. This qualification will equip you with the necessary expertise to analyze financial data, prepare financial statements, and understand the regulatory framework governing financial reporting.

The Level 3 Foundation Diploma in Accountancy is suitable for school leavers, career changers, or individuals seeking to enhance their accounting knowledge and skills. Whether you are aiming to pursue further studies in accountancy or seeking entry-level positions in the financial sector, this diploma will provide you with a strong foundation to kickstart your accounting career.

With the Level 3 Foundation Diploma in Accountancy, you can unlock exciting opportunities in various industries, including public accounting firms, corporations, government agencies, and nonprofit organizations. Start your journey towards a rewarding career in accountancy today!

Entry requirements

Educational Background:

  • Previous Qualification: Applicants should have successfully completed a Level 2 qualification (e.g., GCSEs, Level 2 Certificate, Diploma) or hold an equivalent credential. Higher qualifications are also accepted.

    OR
  • Relevant Experience: Candidates with over 1 year of professional experience in their respective industry are encouraged to apply, as their practical knowledge is highly valued.

Age Requirement:

  • Minimum Age: Applicants must be 16 years or older. This program is designed to support both recent school leavers and those with some professional experience in advancing their careers.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

Mandatory units
● Recording Financial Transactions (20 credits)
● Management Information (20 credits)
● Maintaining Financial Records (20 credits)

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:

6 months: GBP £1250
9 months: GBP £950
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

6 months - GBP £1250

● Payment option (a): GBP £416 x 3 monthly instalments
● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

9 months - GBP £950

● Payment option (c): GBP £190 x 5 monthly instalments
● Payment option (d): GBP £475 x 2 quarterly instalments
● Payment option (e): GBP £902.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

OTHM, UK - an Awarding body by the UK Government’s regulator - OfQual.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@LSIB.co.uk

+44 (0) 20 3608 0144



Career path

Upon completing the Level 3 Foundation Diploma in Accountancy, graduates can pursue various entry-level career paths in the field of accountancy. Here are some potential career options:

1. Accounts Assistant: Graduates can work as accounts assistants, supporting accounting departments with tasks such as data entry, reconciliations, and assisting in the preparation of financial reports.

2. Bookkeeping Clerk: Graduates can specialize in bookkeeping roles, responsible for maintaining financial records, recording transactions, and producing financial statements for organizations.

3. Payroll Administrator: Graduates can pursue careers in payroll administration, managing employee salaries, benefits, and ensuring compliance with tax regulations and labor laws.

4. Accounts Receivable/Payable Clerk: Graduates can work in accounts receivable or accounts payable roles, responsible for managing invoices, payments, and collections.

5. Junior Accountant: Graduates can start their careers as junior accountants, assisting with basic financial analysis, preparing financial statements, and supporting more senior accountants in various accounting tasks.

6. Financial Administrator: Graduates can work as financial administrators, assisting in financial processes, budgeting, and providing support in financial decision-making.

7. Data Entry Clerk: Graduates can work in data entry roles, responsible for inputting financial information accurately into accounting systems.

These career paths offer opportunities for growth and the chance to work in various industries, including public accounting firms, corporate organizations, small businesses, or government agencies. Graduates can further advance their careers by pursuing higher-level accounting qualifications and gaining practical experience in the field. Continuous learning, staying updated with accounting principles and regulations, and developing strong attention to detail and organizational skills are essential for success in the accounting profession.

Key facts about Level 3 Foundation Diploma in Accountancy

"Level 3 Foundation Diploma in Accountancy: Launch your accounting journey. Accredited program covers essential areas: financial principles, bookkeeping, taxation, and more. Gain foundational skills for a successful career in accountancy. Expert instructors, hands-on learning, and recognized qualification. Kickstart your accounting expertise and excel in the dynamic world of finance. Enroll now to develop fundamental skills, drive financial accuracy, and lay the groundwork for a promising career in the field of accounting and finance."

Why this course?

"The Importance of Level 3 Foundation Diploma in Accountancy: Begin Your Accounting Career. In today's business landscape, skilled accountants are in high demand. Acquire essential expertise in financial principles, bookkeeping, taxation, and more. This accredited program offers expert guidance, hands-on learning, and industry-recognized certification. Lay a solid foundation for a successful career in accountancy. Seize the opportunity to become a proficient accounting professional. Enroll now to unlock endless possibilities, excel in finance, and embark on a rewarding journey in the dynamic realm of accounting and financial management."

Who should enrol in Level 3 Foundation Diploma in Accountancy?

The Level 3 Foundation Diploma in Accountancy is designed for individuals who are looking to kickstart their career in the field of accountancy. This diploma program is suitable for school leavers, career changers, and anyone seeking to gain a strong foundation in accountancy principles and practices.

By enrolling in this course, you will acquire essential knowledge and skills in financial accounting, management accounting, taxation, and business ethics. This qualification will equip you with the expertise to analyze financial data, prepare financial statements, and understand the regulatory framework governing financial reporting.

The Level 3 Foundation Diploma in Accountancy opens up a wide range of opportunities in various industries, including public accounting firms, corporations, government agencies, and nonprofit organizations. Whether you aspire to pursue further studies in accountancy or aim to secure entry-level positions in the financial sector, this diploma will provide you with a solid foundation for success.

Embark on your journey towards a rewarding career in accountancy with the Level 3 Foundation Diploma in Accountancy. Gain the necessary skills and knowledge to thrive in this dynamic field and unlock a world of professional opportunities.


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