Level 3 Diploma Accounting and Finance Course Fee

Financial Accounting Unit 1: Introduction to Accounting

This unit introduces the fundamental principles of accounting, including financial statements, accounting cycle, and double-entry bookkeeping. It covers the basic concepts of assets, liabilities, equity, income, and expenses.

Financial Accounting Unit 2: Financial Statements

This unit focuses on the preparation of financial statements, including the balance sheet, income statement, and cash flow statement. It emphasizes the importance of accurate financial reporting for decision-making and accountability.

Financial Accounting Unit 3: Accounting Cycle

This unit outlines the chronological steps involved in the accounting cycle, from recording transactions to preparing financial statements. It covers the recording of revenue, expenses, and cash flows, and the adjustments made during each cycle.

Financial Accounting Unit 4: Double-Entry Bookkeeping

This unit introduces the concept of double-entry bookkeeping, a systematic method of recording financial transactions. It covers the use of debit and credit entries, the posting of journal entries, and the preparation of financial statements based on double entries.

Financial Accounting Unit 5: Accounting Standards

This unit introduces the concept of accounting standards and their importance in providing transparency and comparability in financial reporting. It covers the different types of accounting standards, such as IFRS, GAAP, and PSAS.

Financial Accounting Unit 6: Financial Management

This unit focuses on the role of financial management in an organization. It covers topics such as financial planning, capital budgeting, and risk management.

Financial Accounting Unit 7: Accounting for Changes

This unit introduces the concept of accounting for changes, which involves adjusting financial statements to reflect events that have occurred but are not reflected in the original transaction. It covers topics such as depreciation, inventory valuation, and accounting for acquisitions and dissolutions.

Financial Accounting Unit 8: Accounting for Leases

This unit introduces the concept of accounting for leases, which are long-term contracts for the use of an asset. It covers the accounting treatment of lease payments, depreciation, and the recognition of lease incentives.

Financial Accounting Unit 9: Accounting for Dividends

This unit introduces the concept of accounting for dividends, which are distributions of earnings to shareholders. It covers the accounting treatment of dividends, the distribution of retained earnings, and the impact on the share capital.

Financial Accounting Unit 10: Accounting for Taxes

This unit introduces the concept of accounting for taxes, which is the process of calculating and paying taxes to the government. It covers the different types of taxes, tax rates, and tax accounting methods.