Level 3 Diploma in Accounting and Finance RQF

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Level 3 Diploma in Accounting and Finance RQF

Overview

The Accounting and Finance Level 3 Diploma is designed for individuals seeking to develop a solid foundation in financial management and accounting principles.

For those looking to advance their careers in finance, this diploma provides a comprehensive understanding of financial concepts, including financial reporting, budgeting, and financial analysis.

It is ideal for those who have completed a Level 2 qualification or have relevant work experience in accounting and finance.

Through a combination of theoretical and practical learning, learners will gain the skills and knowledge required to succeed in a finance-related role.

By completing this diploma, learners can enhance their employability and career prospects in the finance industry.

So why not explore this exciting opportunity further? Visit our website to learn more about the Accounting and Finance Level 3 Diploma and take the first step towards a successful career in finance.

Accounting and finance professionals can advance their careers with the Level 3 Diploma in Accounting and Finance RQF. This comprehensive course offers accounting and finance students a solid foundation in financial management, accounting principles, and business law. Key benefits include accounting skills, business awareness, and a range of career opportunities. Upon completion, graduates can pursue roles in financial analysis, management accounting, and more. Unique features of the course include accounting software training and a focus on real-world business applications. Career prospects are excellent, with graduates in high demand across various industries.

Entry requirements




International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content


Financial Reporting: This unit covers the preparation and presentation of financial statements, including the balance sheet, income statement, and cash flow statement, as well as the use of accounting standards and regulatory requirements. Primary keyword: Financial Reporting, Secondary keywords: Accounting Standards, Financial Statements. •
Financial Analysis and Planning: This unit involves the analysis of financial data to inform business decisions, including ratio analysis, trend analysis, and forecasting. Primary keyword: Financial Analysis, Secondary keywords: Financial Planning, Business Decision Making. •
Accounting Principles and Standards: This unit covers the fundamental principles and standards that underpin accounting, including Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Primary keyword: Accounting Principles, Secondary keywords: GAAP, IFRS. •
Financial Management: This unit covers the management of financial resources, including budgeting, forecasting, and financial planning. Primary keyword: Financial Management, Secondary keywords: Financial Planning, Budgeting. •
Taxation: This unit covers the principles and practices of taxation, including income tax, corporation tax, and value-added tax (VAT). Primary keyword: Taxation, Secondary keywords: Income Tax, Corporation Tax. •
Financial Markets and Institutions: This unit covers the principles and practices of financial markets and institutions, including banks, investment firms, and stock exchanges. Primary keyword: Financial Markets, Secondary keywords: Financial Institutions, Banking. •
Auditing and Assurance: This unit covers the principles and practices of auditing and assurance, including the audit process, audit procedures, and assurance services. Primary keyword: Auditing, Secondary keywords: Assurance Services, Audit Process. •
Financial Planning and Budgeting: This unit covers the planning and budgeting process, including financial planning, budgeting, and forecasting. Primary keyword: Financial Planning, Secondary keywords: Budgeting, Forecasting. •
International Accounting: This unit covers the principles and practices of international accounting, including the use of IFRS and other international accounting standards. Primary keyword: International Accounting, Secondary keywords: IFRS, Accounting Standards. •
Business Finance: This unit covers the principles and practices of business finance, including financial management, investment, and risk management. Primary keyword: Business Finance, Secondary keywords: Financial Management, Investment.

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

:
:
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

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

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Accreditation

Apply Now

  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

**Career Role** Job Market Trend Salary Range Skill Demand
Accountant 8 40000-60000 70
Financial Analyst 9 50000-80000 80
Management Accountant 8.5 60000-90000 75
Auditor 7.5 40000-70000 60
Tax Consultant 9 60000-100000 85
Financial Manager 9.5 80000-120000 90
Investment Banker 9 60000-100000 80
Financial Planner 8 40000-70000 70
Risk Manager 8.5 60000-90000 75
Forensic Accountant 9 60000-100000 85

Key facts about Level 3 Diploma in Accounting and Finance RQF

The Level 3 Diploma in Accounting and Finance RQF is a popular vocational qualification that combines theoretical knowledge with practical skills, providing learners with a comprehensive understanding of accounting and finance principles.

Learning outcomes of this qualification include:
- Understand the principles of accounting and finance, including financial reporting, budgeting, and forecasting.
- Analyze financial data and prepare financial statements, including balance sheets and profit and loss accounts.
- Apply financial knowledge to real-world scenarios, including financial planning and management.

The duration of this qualification is typically 12-18 months, depending on the learner's prior experience and the amount of time devoted to studying. This allows learners to balance their studies with work or other commitments.

The Level 3 Diploma in Accounting and Finance RQF is highly relevant to the accounting and finance industry, with many employers requiring or preferring candidates to hold this qualification. It is also a stepping stone for those looking to progress to higher-level qualifications, such as the AAT or ACCA.

Upon completion of this qualification, learners can expect to gain a competitive edge in the job market, with many employers offering higher salaries and career advancement opportunities to those with this qualification. The skills and knowledge gained through this qualification are also transferable to other industries, making it a valuable investment for learners.

Why this course?

Level 3 Diploma in Accounting and Finance RQF holds significant importance in today's market, particularly in the UK. The UK's accountancy sector is a significant contributor to the country's economy, with the sector employing over 1.3 million people and generating £134 billion in revenue (Source: ICAEW). The Level 3 Diploma in Accounting and Finance RQF is a widely recognized qualification that equips learners with the necessary skills and knowledge to succeed in the industry. According to a survey by the Association of Chartered Certified Accountants (ACCA), 75% of employers consider the Level 3 Diploma in Accounting and Finance RQF to be an essential qualification for entry-level positions (Source: ACCA). The qualification is also recognized by the Institute of Chartered Accountants in England and Wales (ICAEW) and the Chartered Institute of Management Accountants (CIMA).
Employer Recognition Percentage
ICAEW 80%
CIMA 85%
ACCA 75%

Who should enrol in Level 3 Diploma in Accounting and Finance RQF?

Ideal Audience for Level 3 Diploma in Accounting and Finance RQF
The Level 3 Diploma in Accounting and Finance RQF is designed for individuals seeking to develop their skills in financial management, accounting, and business operations. This qualification is ideal for those working in the UK's thriving finance sector, where accounting and finance professionals are in high demand. In fact, according to the Chartered Institute of Management Accountants (CIMA), the UK's finance sector employs over 1.3 million people, with accounting and finance roles accounting for 40% of all finance jobs.
Key Characteristics
Prospective learners should possess a good understanding of business principles, financial management, and accounting practices. They should also be able to demonstrate analytical and problem-solving skills, as well as effective communication and time management abilities. In the UK, the Level 3 Diploma in Accounting and Finance RQF is a popular choice among those looking to progress to higher-level accounting qualifications, such as the AAT or ACCA.
Career Opportunities
Upon completion of the Level 3 Diploma in Accounting and Finance RQF, learners can expect to secure roles in various finance and accounting positions, such as financial analyst, accounting technician, or bookkeeper. In the UK, the finance sector is expected to continue growing, with the Office for National Statistics (ONS) predicting a 10% increase in employment opportunities in the finance sector by 2025.