NVQ L3 4 5 7 Diploma in Accounting and Finance
NVQ L3 4 5 7 Diploma in Accounting and Finance
Financial Accounting
This unit covers the principles and concepts of financial accounting, including financial statements, accounting cycles, and financial analysis. Students will learn how to prepare financial statements for different entities, such as sole proprietorships, partnerships, and corporations.
Accounting Software
This unit introduces students to various accounting software packages, such as QuickBooks, Excel, and Oracle. Students will learn how to use these software tools to create and manage financial records, generate reports, and analyze financial data.
Financial Management
This unit focuses on the principles and practices of financial management, including capital budgeting, working capital management, and risk management. Students will learn how to make informed financial decisions that will maximize the value of a company.
Accounting Standards
This unit covers the various accounting standards that are used in Australia, including the Australian Accounting Standards Board (AASB) and the International Financial Reporting Standards (IFRS). Students will learn how to apply these standards to prepare financial statements.
Financial Reporting
This unit focuses on the principles and concepts of financial reporting, including financial statements, accounting policies, and disclosure requirements. Students will learn how to prepare financial statements that are accurate, transparent, and informative.
Accounting for Small Businesses
This unit provides a comprehensive overview of accounting for small businesses, including start-up companies, sole proprietorships, and partnerships. Students will learn how to prepare financial statements and manage their finances effectively.
Advanced Accounting
This unit offers a deeper dive into advanced accounting topics, such as accounting for intangible assets, depreciation, and taxation. Students will learn how to apply these concepts to complex financial situations.
Corporate Finance
This unit focuses on the principles and practices of corporate finance, including mergers and acquisitions, capital budgeting, and financial analysis. Students will learn how to make strategic financial decisions that will maximize shareholder value.
Financial Risk Management
This unit covers the principles and practices of financial risk management, including risk identification, assessment, and mitigation. Students will learn how to develop and implement a comprehensive risk management strategy.
International Accounting
This unit provides an overview of accounting principles and practices used in international business. Students will learn about the International Financial Reporting Standards (IFRS), the Sarbanes-Oxley Act of 2002 (SOX), and other international accounting standards.
The assessment is done via submission of assignment. There are no written exams.