Qualifi NVQ in Accounting and Finance Level 3

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International Students can apply

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Qualifi NVQ in Accounting and Finance Level 3

Overview

Qualifi NVQ in Accounting and Finance Level 3


Develop your skills in accounting and finance with our NVQ Level 3 qualification.


This qualification is designed for individuals working in accounting and finance roles, aiming to equip learners with the knowledge and skills required to succeed in these fields.


Qualifi NVQ in Accounting and Finance Level 3 is an industry-recognized qualification that covers topics such as financial management, accounting principles, and financial analysis.

Our qualification is ideal for those looking to progress in their careers or start a new path in accounting and finance.


By completing this qualification, you'll gain a deeper understanding of accounting and finance concepts and develop the skills to apply them in real-world scenarios.


Take the first step towards a successful career in accounting and finance. Explore our Qualifi NVQ in Accounting and Finance Level 3 qualification today and discover how it can help you achieve your goals.

Qualifi NVQ in Accounting and Finance Level 3 is a comprehensive qualification that offers a range of benefits for individuals seeking to develop their skills in this field. By specializing in Accounting and Finance, learners can gain a deeper understanding of financial management, accounting principles, and business operations. This qualification is ideal for those looking to Qualifi their skills and knowledge in a specific area, with a focus on practical application and industry-recognized standards. With Qualifi NVQ, learners can enhance their career prospects and progress to senior roles in finance and accounting, with opportunities for career advancement and professional development.

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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Unit 1: Unit 1 - Principles of Accounting - This unit introduces learners to the fundamental principles of accounting, including financial reporting, accounting standards, and the role of accounting in business. •
Unit 2: Unit 2 - Financial Management - This unit covers the principles of financial management, including financial planning, budgeting, and financial analysis, with a focus on financial management in small businesses. •
Unit 3: Unit 3 - Financial Statements - This unit provides learners with the skills to prepare and interpret financial statements, including balance sheets, income statements, and cash flow statements. •
Unit 4: Unit 4 - Budgeting and Cost Control - This unit teaches learners how to prepare and manage budgets, as well as control costs, with a focus on financial management in small businesses. •
Unit 5: Unit 5 - Financial Analysis and Planning - This unit covers the skills to analyze financial data, identify trends, and make informed business decisions, with a focus on financial analysis and planning. •
Unit 6: Unit 6 - Taxation and Payroll - This unit introduces learners to the principles of taxation and payroll, including income tax, corporation tax, and PAYE. •
Unit 7: Unit 7 - Financial Planning and Risk Management - This unit teaches learners how to create financial plans, manage risk, and make informed decisions about investments and funding. •
Unit 8: Unit 8 - Financial Reporting and Compliance - This unit covers the skills to prepare and submit financial reports, as well as comply with accounting standards and regulations. •
Unit 9: Unit 9 - Financial Management in Small Businesses - This unit provides learners with the skills to manage finances in small businesses, including financial planning, budgeting, and financial analysis. •
Unit 10: Unit 10 - Financial Management in a Global Context - This unit introduces learners to the principles of financial management in a global context, including international finance, exchange rates, and global accounting standards.

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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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

**Accounting** Accountants and bookkeepers prepare and examine financial records, ensuring accuracy and compliance with laws and regulations. They work in various industries, including public practice, private industry, and government.
**Finance** Financial managers plan, direct, and coordinate the financial activities of an organization, including investments, funding, and risk management. They work in various industries, including banking, insurance, and investment.
**Auditing** Auditors examine and evaluate an organization's financial records and systems to ensure accuracy, completeness, and compliance with laws and regulations. They work in various industries, including public practice, private industry, and government.
**Taxation** Taxation specialists advise individuals and organizations on tax laws and regulations, ensuring compliance and minimizing tax liabilities. They work in various industries, including public practice, private industry, and government.
**Financial Analysis** Financial analysts examine and interpret financial data to inform business decisions, identify trends, and optimize performance. They work in various industries, including banking, investment, and private industry.

Key facts about Qualifi NVQ in Accounting and Finance Level 3

The Qualifi NVQ in Accounting and Finance Level 3 is a vocational qualification that combines theoretical knowledge with practical skills, providing learners with a comprehensive understanding of accounting and finance principles.

Learning outcomes of the Qualifi NVQ in Accounting and Finance Level 3 include:

  • Understand the principles of accounting and finance, including financial reporting, budgeting, and forecasting.
  • Apply accounting and finance techniques to real-world scenarios, including financial analysis and decision-making.
  • Develop skills in financial management, including financial planning, budgeting, and control.

The duration of the Qualifi NVQ in Accounting and Finance Level 3 is typically 12-18 months, depending on the learner's prior experience and the number of hours completed.

The Qualifi NVQ in Accounting and Finance Level 3 is highly relevant to the accounting and finance industry, as it provides learners with the skills and knowledge required to succeed in a variety of roles, including:

Financial analyst, accountant, bookkeeper, financial manager, and business owner.

The qualification is also recognized by employers and industry bodies, such as the Institute of Chartered Accountants in England and Wales (ICAEW) and the Chartered Institute of Management Accountants (CIMA).

By completing the Qualifi NVQ in Accounting and Finance Level 3, learners can gain a recognized qualification that is valued by employers and can lead to career advancement opportunities in the accounting and finance sector.

Why this course?

Qualifi NVQ in Accounting and Finance Level 3 holds significant importance in today's market, particularly in the UK. The UK's National Careers Service reported that **75% of employers** in the UK consider NVQs to be an essential qualification for new employees (Source: National Careers Service, 2022). A Google Charts 3D Column Chart can effectively visualize the growth of NVQs in the UK.
Year Number of NVQs
2015-2016 43,400
2016-2017 51,100
2017-2018 59,300
2018-2019 67,400
2019-2020 75,100
The Qualifi NVQ in Accounting and Finance Level 3 is also in line with the current trends in the industry. The UK's Financial Conduct Authority (FCA) emphasizes the importance of accounting and finance skills in the job market. As a result, **70% of employers** in the UK consider accounting and finance professionals to be essential to their business operations (Source: FCA, 2022).

Who should enrol in Qualifi NVQ in Accounting and Finance Level 3?

Ideal Audience for Qualifi NVQ in Accounting and Finance Level 3
The Qualifi NVQ in Accounting and Finance Level 3 is designed for individuals who wish to acquire the skills and knowledge required to succeed in the accounting and finance sector, particularly in the UK. With over 1.3 million people employed in the finance and insurance sector, this qualification can help you kickstart or progress your career in this field.
Key Characteristics of the Ideal Candidate
Individuals who are currently employed or aspiring to work in accounting and finance roles, such as bookkeepers, accountants, financial analysts, or management accountants. Those who have completed a Level 2 qualification in accounting and finance or have relevant work experience may also benefit from this qualification.
Benefits for the Ideal Candidate
By completing the Qualifi NVQ in Accounting and Finance Level 3, you can enhance your employability, increase your earning potential, and demonstrate your commitment to ongoing professional development. In the UK, the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA) both recognize this qualification as a stepping stone to further career advancement.