OfQual Accredited Diploma in Accounting Finance Level 3

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International Students can apply

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OfQual Accredited Diploma in Accounting Finance Level 3

Overview

The Accounting Finance Level 3 Diploma is designed for learners who wish to develop a solid foundation in accounting and finance principles.

This OfQual accredited diploma is ideal for those looking to pursue a career in accounting, finance, or a related field.

Some key areas of study include financial accounting, management accounting, financial management, and business finance.

Through a combination of theoretical and practical learning, learners will gain a comprehensive understanding of accounting and finance concepts.

Upon completion, learners will be equipped with the skills and knowledge to enter the workforce or progress to further study.

So why not explore this exciting opportunity further? Visit our website to learn more about the Accounting Finance Level 3 Diploma and start your journey today!

Accounting Finance Level 3 is a comprehensive diploma course that offers a solid foundation in financial management and accounting principles. This OfQual Accredited Diploma is designed to equip learners with the necessary skills and knowledge to succeed in a variety of roles, including bookkeeping, financial analysis, and management accounting. With Accounting Finance Level 3, learners can expect to gain a deep understanding of financial concepts, including financial reporting, budgeting, and forecasting. This course also provides career prospects in finance, accounting, and business, with many graduates progressing to senior roles or pursuing further education. Learners can benefit from flexible study options and industry-recognized accreditation.

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

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Financial Management: This unit covers the principles of financial management, including financial planning, budgeting, and forecasting. It also introduces the concept of financial ratios and their interpretation. •
Financial Reporting: This unit focuses on the preparation and presentation of financial statements, including balance sheets, income statements, and cash flow statements. It also covers the requirements of financial reporting under UK Generally Accepted Accounting Principles (GAAP). •
Accounting Principles: This unit provides an introduction to the fundamental principles of accounting, including the accounting triangle, accounting equations, and the concept of accruals. It also covers the different types of accounts and their classification. •
Financial Analysis: This unit introduces the techniques of financial analysis, including ratio analysis, trend analysis, and break-even analysis. It also covers the use of financial ratios to evaluate a company's performance. •
Business Finance: This unit covers the principles of business finance, including the time value of money, risk and return, and the concept of capital budgeting. It also introduces the different types of investment and their evaluation. •
Taxation: This unit provides an introduction to the principles of taxation, including income tax, corporation tax, and value-added tax (VAT). It also covers the different tax reliefs and allowances. •
Auditing: This unit introduces the principles of auditing, including the audit process, audit procedures, and audit reporting. It also covers the different types of audits and their objectives. •
Financial Markets and Institutions: This unit covers the principles of financial markets and institutions, including the different types of financial markets, financial institutions, and the role of government in the financial system. •
International Accounting: This unit provides an introduction to the principles of international accounting, including the different types of accounting standards, financial reporting requirements, and the role of international organizations in promoting accounting standards. •
Business Law: This unit covers the principles of business law, including contract law, company law, and employment law. It also introduces the different types of business structures and their implications for accounting and finance.

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

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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
    •

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Career path

**Accounting and Finance Career Roles in the UK Job Market**
**Career Role** **Job Description** **Industry Relevance**
**Accountant** Prepare and examine financial records, ensure compliance with laws and regulations, and provide financial guidance to individuals and businesses. High demand in various industries, including finance, government, and non-profit.
**Financial Analyst** Analyze financial data to help businesses make informed decisions, identify trends, and forecast future financial performance. In high demand in finance, banking, and investment industries.
**Auditor** Examine financial records to ensure compliance with laws and regulations, identify areas for improvement, and provide recommendations for improvement. High demand in various industries, including finance, government, and non-profit.
**Tax Consultant** Provide tax planning and advice to individuals and businesses, ensuring compliance with tax laws and regulations. In high demand in finance, accounting, and law industries.

Key facts about OfQual Accredited Diploma in Accounting Finance Level 3

The OfQual Accredited Diploma in Accounting Finance Level 3 is a popular vocational qualification that equips learners with the necessary skills and knowledge to succeed in the accounting and finance industry.

Learning outcomes of this diploma include: calculating financial statements, preparing and presenting financial reports, managing cash flow, and understanding financial management principles.

The duration of this diploma is typically 12-18 months, depending on the learner's prior experience and the amount of time devoted to studying.

Industry relevance is a key aspect of this diploma, as it provides learners with the skills and knowledge required to work in various roles within the accounting and finance sector, such as bookkeeping, accounting, and financial analysis.

Upon completion of this diploma, learners can progress to higher-level qualifications, such as the AAT Diploma in Accounting or the CIMA Qualification, and can also pursue careers in accounting and finance, including roles in auditing, financial planning, and management.

The OfQual Accredited Diploma in Accounting Finance Level 3 is accredited by the Office of Qualifications and Examinations Regulation (OfQual), which ensures that the qualification meets the required standards and is recognized by employers and educational institutions.

Employers in the accounting and finance sector value this diploma, as it demonstrates a learner's ability to apply theoretical knowledge in practical situations and to work effectively in a team environment.

Overall, the OfQual Accredited Diploma in Accounting Finance Level 3 is a valuable qualification that provides learners with the skills, knowledge, and industry recognition required to succeed in the accounting and finance industry.

Why this course?

OfQual Accredited Diploma in Accounting Finance Level 3 holds significant importance in today's market, particularly in the UK. According to the UK's Office for National Statistics, the demand for accounting and finance professionals is expected to increase by 10% by 2025, with the average salary ranging from £25,000 to £40,000.
Year Number of Job Openings
2020 45,000
2021 50,000
2022 55,000
2023 60,000
Google Charts 3D Column Chart:
The OfQual Accredited Diploma in Accounting Finance Level 3 provides learners with the necessary skills and knowledge to succeed in the industry. It covers topics such as financial management, accounting principles, and business law, making it an essential qualification for those looking to start or advance their careers in accounting and finance. With the increasing demand for accounting and finance professionals, this diploma is an excellent choice for those looking to stay ahead in the job market.

Who should enrol in OfQual Accredited Diploma in Accounting Finance Level 3?

Ideal Audience for OfQual Accredited Diploma in Accounting Finance Level 3
Prospective learners with an interest in pursuing a career in accounting and finance, particularly those in the UK, are the ideal candidates for this diploma. With the UK's accountancy sector valued at £140 billion, accounting and finance professionals are in high demand. According to the Institute of Chartered Accountants in England and Wales (ICAEW), the number of accountants and auditors in the UK is expected to grow by 10% by 2025. This OfQual Accredited Diploma in Accounting Finance Level 3 provides a comprehensive foundation in accounting and finance, enabling learners to develop the skills and knowledge required to succeed in this field.
Key Characteristics:
Learners with a strong interest in numbers and business, those looking to progress from an A-level or equivalent qualification, and individuals seeking to upskill in accounting and finance are well-suited for this diploma. The OfQual Accredited Diploma in Accounting Finance Level 3 is also an excellent choice for those who wish to pursue a career in public accounting, corporate finance, or financial management.
Prerequisites:
No prior qualifications are required, but learners should have a good understanding of basic maths and English skills. The diploma is designed to be accessible to learners with varying levels of prior experience and knowledge.