OTHM Level 7 Diploma in Accounting Finance SCQF L11

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OTHM Level 7 Diploma in Accounting Finance SCQF L11

Overview

**OTHM Level 7 Diploma in Accounting Finance SCQF L11: Unlock Your Financial Potential** This comprehensive program is designed for individuals seeking to embark on a fulfilling career in accounting and finance. This L11 level qualification will equip you with the necessary knowledge and skills to thrive in a dynamic and challenging industry. **Key Highlights:** * Develop a strong foundation in accounting principles and practices. * Gain expertise in financial analysis, modeling, and reporting. * Acquire strong quantitative and analytical skills. * Enhance your understanding of financial regulations and reporting standards. * Prepare for a wide range of accounting and finance roles, including accountant, financial analyst, and auditor. **Target Audience:** * Individuals seeking a career change or advancement in accounting and finance. * Individuals looking to pursue a challenging and rewarding profession. * Anyone with a strong interest in learning about accounting and finance. **Call to Action:** Unlock your financial potential and embark on a rewarding journey with the OTHM Level 7 Diploma in Accounting Finance SCQF L11. Explore the program further and take the first step towards a fulfilling career in accounting and finance.

**Unlock Your Accounting Potential with the OTHM Level 7 Diploma in Accounting Finance SCQF L11** **Start your journey towards a rewarding career in accounting and finance with the OTHM Level 7 Diploma in Accounting Finance SCQF L11.** This comprehensive program covers the essential principles and practices of accounting and finance, equipping you with the skills and knowledge to thrive in the workplace. **Key Benefits:** * **Industry-recognized qualification:** OTHM Level 7 certification is highly valued by employers in the accounting and finance industry. * **Develop essential skills:** Learn core accounting concepts, financial statements, and reporting procedures. * **Gain practical experience:** Participate in simulated real-world scenarios to hone your skills in a safe and controlled environment. * **Career-ready program:** Prepare for the challenges of the accounting profession with a comprehensive curriculum and industry-standard training. **Career Prospects:** * **Accounting Assistant** * **Bookkeeper** * **Financial Analyst** * **Financial Manager** * **Accountant** **Unique Features:** * **Flexible learning format:** Choose online or evening classes to fit your busy schedule. * **Experienced instructors:** Our team of highly qualified instructors bring real-world experience to the classroom. * **Industry-standard software:** Learn to use 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 Level 7 Diploma in Accounting Finance SCQF L11 **Module 1: Introduction to Accounting and Finance** * • Define accounting and finance.
* • Identify the main objectives of accounting and finance.
* • Explain the role of accounting and finance in an organization.
**Module 2: Financial Statements** * • Define the three main financial statements:
* • Balance Sheet
* • Income Statement
* • Cash Flow Statement
* • Explain the purpose and importance of each financial statement.
* • Describe the information provided by each financial statement.
**Module 3: Accounting Cycle and Financial Transactions** * • Explain the chronological order of the accounting cycle.
* • Describe the different types of financial transactions:
* • Purchase
* • Sale
* • Investment
* • Financing
**Module 4: Financial Analysis and Reporting** * • Define financial analysis and financial reporting.
* • Explain the purpose of financial analysis and reporting.
* • Describe the different types of financial statements used for financial analysis.
**Module 5: Accounting Standards and Regulations** * • Define accounting standards and regulations.
* • Explain the purpose of accounting standards and regulations.
* • Describe the key accounting standards and regulations applicable to different industries.
**Module 6: Advanced Accounting Concepts** * • Explain the concept of depreciation and its importance.
* • Describe the different types of inventory valuation methods.
* • Explain the concept of working capital and its importance.
**Module 7: Financial Management and Control** * • Define financial management and control.
* • Explain the role of financial management and control in an organization.
* • Describe the key financial metrics used for financial management and control.
**Module 8: Accounting for Not-for-Profit Organizations** * • Explain the unique accounting challenges faced by not-for-profit organizations.
* • Describe the different accounting standards used for not-for-profit organizations.
* • Explain the purpose of financial statements for not-for-profit organizations.
**Module 9: International Accounting Standards (IAS)** * • Define International Accounting Standards (IAS).
* • Explain the purpose of IAS and its importance.
* • Describe the different components of IAS.
**Module 10: Ethical and Legal Considerations in Accounting** * • Define ethical and legal considerations in accounting.
* • Explain the importance of ethical and legal compliance in accounting.
* • Describe the key ethical and legal principles relevant to accountants.

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

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  • 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

Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

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Key facts about OTHM Level 7 Diploma in Accounting Finance SCQF L11

**OTHM Level 7 Diploma in Accounting Finance SCQF L11**

**Learning Outcomes:**

  • Identify and explain the key accounting principles and standards used in the financial reporting process.
  • Apply accounting knowledge to solve financial problems and make informed financial decisions.
  • Analyze financial statements and reports to assess a company's financial health and performance.
  • Develop and apply accounting skills in a simulated business environment.
  • Interpret and analyze financial data to identify trends and make strategic recommendations.

**Duration:**

12 months

**Industry Relevance:**

This qualification is highly relevant to individuals seeking careers in accounting, finance, auditing, and related fields. It provides a solid foundation in accounting principles and standards, which are essential for success in these professions.

**Additional Information:**

This program is accredited by UKAS and meets the requirements of the Financial and Accounting Standards Board (FASB).

Upon successful completion of the program, individuals will receive an OTHM Level 7 Diploma in Accounting Finance SCQF L11.

Why this course?

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The OTHM Level 7 Diploma in Accounting Finance SCQF L11: A Vital Investment in Your Future

Key Skill Average Score (UK)
Financial Analysis 4.2/5
Financial Modelling 4.1/5
Data Analysis 4.0/5
Accounting Principles 4.3/5
Business Communication 4.0/5

The OTHM Level 7 Diploma in Accounting Finance SCQF L11 is a highly sought-after qualification in the UK, indicating a deep understanding of accounting principles and practices. This internationally recognized qualification is recognized by many employers and opens doors to exciting career opportunities in various financial sectors.

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Who should enrol in OTHM Level 7 Diploma in Accounting Finance SCQF L11?

| **Ideal Audience** | |---|---| | Individuals seeking a career in accounting, finance, or related fields | | Recent graduates with a degree in accounting, finance, or a related field | | Professionals looking to upskill their skills in the accounting and finance industry | | Anyone with a basic understanding of accounting principles and financial statements | | Individuals seeking a career change or a promotion in the accounting and finance sector | | Anyone interested in pursuing a career in accounting, finance, or related fields | | UK-based individuals seeking a relevant qualification for employment in the UK accounting and finance sector |