OTHM SCQF Level 11 Accounting and Finance

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OTHM SCQF Level 11 Accounting and Finance

Overview

**OTHM SCQF Level 11 Accounting and Finance: A Comprehensive Guide for Beginners** This course is designed for individuals seeking a foundational understanding of accounting and finance principles. It covers essential topics such as financial statements, accounting procedures, and basic financial analysis. **Key Benefits:** * Gain a clear understanding of accounting and finance concepts. * Develop essential skills for job-seeking in the finance industry. * Understand the fundamentals of financial reporting. * Learn how to analyze financial statements and make informed decisions. **Target Audience:** * Individuals with no prior accounting or finance knowledge. * Those seeking a career change in the financial sector. * Anyone interested in learning the basics of accounting and finance. **Call to Action:** Start your journey towards a rewarding career in accounting and finance by enrolling in this comprehensive OTHM SCQF Level 11 course today!

**Unlock the World of Accounting and Finance** **Become a Highly-Skilled Accountant** OTHM SCQF Level 11 Accounting and Finance equips you with the knowledge and skills to thrive in a dynamic and challenging career. This comprehensive course covers essential principles of accounting, finance, and data analysis, preparing you for a wide range of accounting roles in various industries. **Key Benefits:** * **Deep Dive into Accounting Concepts:** Gain a comprehensive understanding of accounting standards, financial statements, and reporting. * **Develop Essential Skills:** Hone your analytical, problem-solving, and critical thinking abilities to handle complex financial data. * **Career-Ready Training:** Prepare for real-world scenarios with practical exercises and simulations. * **Flexible Learning Format:** Choose online or evening classes to fit your busy schedule. **Unleash Your Potential in Accounting and Finance** OTHM SCQF Level 11 Accounting and Finance is the perfect stepping stone to a rewarding career in accounting, finance, or related fields. With its comprehensive curriculum and industry-standard training, you'll be well-equipped to excel in a dynamic and challenging field. **Start Your Accounting Journey Today!**

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 SCQF Level 11 Accounting and Finance **Impairment Recognition and Measurement**
• Identify the different types of impairments recognised under International Financial Reporting Standards (IFRS).
• Explain the accounting policies used to recognise and measure impairments.
• Discuss the impact of impairments on financial statements. **Accounting Standards and Reporting**
• Describe the purpose and key principles of accounting standards.
• Explain the role of accounting standards in financial reporting.
• Discuss the accounting standards applicable to different industries. **Financial Statements and Analysis**
• Explain the purpose and format of the three main financial statements.
• Describe the accounting procedures used in preparing financial statements.
• Analyze financial statements to assess a company's financial health and performance. **Accounting Cycle and Events**
• Describe the accounting cycle and its key steps.
• Explain the role of events in the accounting cycle.
• Discuss the accounting policies used to record and recognise events. **Accounting for Limited Companies**
• Describe the accounting requirements for limited companies.
• Explain the concept of consolidated financial statements.
• Discuss the accounting policies used for limited companies. **Accounting for Intangible Assets**
• Describe the accounting treatment of intangible assets.
• Explain the concept of goodwill and its accounting treatment.
• Discuss the accounting policies used for intangible asset valuations.

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:

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:
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

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 SCQF Level 11 Accounting and Finance

**Learning Outcomes:**

  • Identify and explain the key accounting and finance principles and concepts.
  • Apply accounting and finance principles and concepts to solve problems.
  • Analyze financial statements and reports.
  • Interpret and use financial data to make informed decisions.
  • Develop and implement accounting and finance solutions.

**Duration:**

6 weeks

**Industry Relevance:**

  • This qualification is highly relevant to a wide range of industries, including finance, accounting, management, and business.
  • Graduates of this qualification are prepared for entry-level positions in accounting and finance roles.
  • The knowledge and skills acquired can also be used in other business-related fields.

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Why this course?

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Who should enrol in OTHM SCQF Level 11 Accounting and Finance?

| **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 to pursue a career in accounting and finance | | Individuals seeking a foundation for further study in accounting and finance |