OTHM Accounting and Finance with Foundation Year

Wednesday, 21 May 2025 14:44:43

International Students can apply

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OTHM Accounting and Finance with Foundation Year

Overview

**OTHM Accounting and Finance for Beginners** **For aspiring accounting and finance professionals, OTHM Accounting and Finance with Foundation Year provides a comprehensive foundation in accounting principles and practices.** This engaging and concise course is designed for individuals with no prior accounting background, aiming to equip them with the necessary skills to thrive in the field. **Key topics covered include:** * Financial statements * Accounting cycle * Financial analysis * Financial reporting * Introduction to accounting software **This course is perfect for:** * Individuals seeking a career in accounting * Those looking to switch careers into accounting * Anyone interested in learning the basics of accounting and finance **Start your accounting journey today and unlock a world of possibilities!** **Click here to explore the course further.**

**Unlock Your Accounting Potential with OTHM Accounting and Finance** **Start your journey towards a rewarding career in accounting and finance with OTHM's Foundation Year program.** This comprehensive course is designed to equip you with the essential skills and knowledge you need to thrive in the dynamic world of finance. **Key Benefits:** * **Industry-recognized qualification:** OTHM's Foundation Year is accredited by UK-based UKAS, ensuring industry recognition and career prospects. * **Flexible learning format:** Choose between online and evening classes to fit your busy schedule. * **Expert instructors:** Our highly qualified and experienced instructors are industry professionals with extensive industry experience. * **Comprehensive curriculum:** Learn a wide range of topics, including accounting principles, financial statements, accounting software, and more. * **Practical experience:** Gain valuable hands-on experience through simulated real-world scenarios. **Career Prospects:** * **Accounting Assistant** * **Bookkeeper** * **Financial Analyst** * **Accountant** * **Financial Manager** **Unique Features:** * **Personalized learning plan:** Receive tailored support and guidance to ensure your success. * **Career guidance support:** Get personalized career advice and support to help you navigate your career path. * **Industry-standard software:** Learn and use industry-standard accounting software, such as QuickBooks and Excel.

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

## Essential Units for OTHM Accounting and Finance with Foundation Year **Module 1: Introduction to Accounting** * <|im_heading>Fundamentals of Accounting * <|im_content>Introduction to Accounting, Double Entry, Journal, Ledger, Accounting Cycle **Module 2: Financial Statements** * <|im_heading>Financial Statements * <|im_content>Balance Sheet, Income Statement, Cash Flow Statement * <|im_content>Understanding the components of each statement **Module 3: Accounting for the Trading of Financial Assets** * <|im_heading>Financial Accounting for Trading Activities * <|im_content>Shares, Bonds, Derivatives, Foreign Currency Transactions * <|im_content>Accounting for trading gains and losses **Module 4: Accounting for the Management of Funds** * <|im_heading>Accounting for the Management of Funds * <|im_content>Cash and Cash Flow Management, Inventory Valuation, Depreciation * <|im_content>Accounting for loans and investments **Module 5: Accounting for Events and Changes** * <|im_heading>Accounting for Events and Changes * <|im_content>Recognition of revenue and expenses, adjusting entries, accruals * <|im_content>Understanding the concepts of materiality and significance **Module 6: Financial Accounting Standards (IFRS)** * <|im_heading>International Financial Reporting Standards (IFRS) * <|im_content>Overview of IFRS, different standards, adoption requirements * <|im_content>Understanding the role of International Accounting Standards Board (IASB) **Module 7: Accounting for Charities and Not-for-Profit Organizations** * <|im_heading>Accounting for Charities and Not-for-Profit Organizations * <|im_content>Financial statements specific to charities, accounting for donations and grants * <|im_content>Compliance requirements and ethical considerations **Module 8: Advanced Accounting Concepts** * <|im_heading>Advanced Accounting Concepts * <|im_content>Accounting for depreciation, accounting for leases, accounting for goodwill * <|im_content>Understanding accounting for non-current assets and liabilities **Module 9: Financial Management and Analysis** * <|im_heading>Financial Management and Analysis * <|im_content>Financial planning, budgeting, capital budgeting, risk management * <|im_content>Using financial analysis tools for decision-making **Module 10: Contemporary Accounting Issues** * <|im_heading>Contemporary Accounting Issues * <|im_content>Technological advancements, sustainability reporting, ethical considerations, global accounting * <|im_content>Understanding the impact of these issues on financial statements

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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40% Cheaper

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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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

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Key facts about OTHM Accounting and Finance with Foundation Year

**OTHM Accounting and Finance with Foundation Year**

**Learning Outcomes:**

  • Identify and explain the fundamental principles of accounting and finance.
  • Apply accounting and finance knowledge to solve problems.
  • Analyze financial statements and reports.
  • Develop strong communication and interpersonal skills.
  • Understand basic accounting software.

**Duration:**

12 months

**Industry Relevance:**

  • This course is highly relevant for individuals seeking careers in accounting, finance, and related fields.
  • Graduates will be prepared for entry-level positions in accounting firms, financial institutions, and other organizations.
  • The course also provides a strong foundation for further study in accounting and finance.

**Additional Information:**

  • This course is accredited by the Open University of London (OUCL).
  • The course is taught by experienced and qualified instructors.
  • Students have access to a variety of resources, including textbooks, online materials, and guest speakers.

**Start Your Journey to a Career in Accounting and Finance Today!**

Why this course?

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``` **Significance of OTHM Accounting and Finance with Foundation Year in Today's Market:** The OTHM Accounting and Finance with Foundation Year program is highly relevant in today's dynamic and challenging job market. The course equips individuals with the necessary knowledge and skills to navigate the complexities of the financial world. According to a recent report by the UK government, the finance sector contributes over £1.3 trillion to the UK economy each year. The demand for skilled professionals in accounting, finance, and related fields is consistently high, with many job opportunities in areas such as corporate finance, investment banking, auditing, and financial analysis. The OTHM Accounting and Finance with Foundation Year program provides a comprehensive foundation in accounting principles, financial accounting, financial reporting, and other essential subjects. It covers relevant UK financial regulations, including the Financial Conduct Authority (FCA) and Companies Act 2006. By completing this program, individuals can gain the confidence and knowledge to pursue a career in accounting, finance, or related fields. It is an excellent choice for individuals seeking a rewarding and challenging career in a stable and growing industry.

Who should enrol in OTHM Accounting and Finance with Foundation Year?

| **Ideal Audience** | |---|---| | Individuals seeking a career in accounting or finance | | Recent graduates or those with limited accounting experience | | Individuals looking to upskill or reskill for a career change | | Anyone interested in learning the basics of accounting and finance | | UK residents seeking a relevant and accessible accounting qualification | | Individuals seeking a flexible and convenient learning format |