RQF Level 7 qualification in Accounting and Finance

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RQF Level 7 qualification in Accounting and Finance

Overview

**RQF Level 7 Qualification in Accounting and Finance** **Purpose:** This qualification is designed for individuals seeking to demonstrate their advanced knowledge and skills in accounting and finance. It covers a wide range of topics, including financial reporting, accounting principles, corporate finance, and international accounting standards. **Audience:** This qualification is suitable for professionals working in accounting, finance, auditing, or related fields. It is also suitable for individuals seeking a career change or advancement in their existing field.

**Unlock the World of Accounting and Finance** **Become a highly sought-after accounting and finance professional** with RQF Level 7 qualification. This comprehensive program will equip you with the skills and knowledge to thrive in a dynamic and challenging industry. **Key Benefits:** * **Deep Dive into Accounting Principles:** Master core accounting concepts, including financial statements, accounting cycles, and managerial accounting. * **Develop Strong Financial Skills:** Acquire expertise in financial analysis, valuation, budgeting, and risk management. * **Gain Industry-Specific Knowledge:** Learn about accounting standards, regulations, and reporting requirements relevant to specific industries. * **Enhance Your Career Prospects:** This qualification opens doors to exciting career opportunities in accounting firms, financial institutions, and other related fields. **Unique Features:** * **Expert Instructors:** Our team of experienced and highly qualified instructors bring real-world insights and industry knowledge to the classroom. * **Practical Training:** Get hands-on experience through simulated financial scenarios and case studies. * **Personalized Learning:** Customize your learning journey with flexible learning options and personalized assessments. (1)

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 RQF Level 7 Qualification in Accounting and Finance **Accounting Concepts** * Accounting Cycle • * Financial Statements • * Accounting Standards • * Financial Accounting • * Management Accounting • **Financial Management Concepts** * Financial Planning • * Capital Budgeting • * Working Capital Management • * Risk Management • * Internal Control • **Accounting Systems and Technology** * Accounting Software • * Data Analytics • * Cloud Accounting • * Enterprise Resource Planning (ERP) • * Accounting Automation • **Financial Reporting and Analysis** * Financial Reporting • * Financial Analysis • * Data Analytics for Finance • * Accounting Standards Updates • * Internal Controls Assessment • **Additional Units** * Accounting Ethics and Professional Standards • * Forensic Accounting • * International Accounting Standards • * Accounting for Non-Profit Organizations • * Accounting for Startups •

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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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

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Key facts about RQF Level 7 qualification in Accounting and Finance

## RQF Level 7 Qualification in Accounting and Finance **Learning Outcomes:** * Demonstrate a comprehensive understanding of accounting principles and standards, including IFRS, GAAP, and other relevant regulations. * Apply accounting knowledge and skills to solve complex accounting problems and interpret financial statements. * Analyze financial data and identify trends and patterns that can impact a company's financial performance. * Develop strong analytical, problem-solving, and critical thinking skills to evaluate financial information. * Communicate financial information clearly and concisely both orally and in writing. * Demonstrate a strong understanding of accounting software and systems, including accounting software packages and data analysis tools. * Apply ethical and professional standards in the accounting profession. **Duration:** The RQF Level 7 qualification typically takes **120 hours** to complete, spread over a minimum of **40 weeks**. **Industry Relevance:** The RQF Level 7 qualification is highly relevant to a wide range of industries, including: * Finance * Accounting * Management * Audit * Regulatory Compliance * Data Analytics **Additional Information:** * The RQF Level 7 qualification is a globally recognized credential, recognized by many leading companies and organizations worldwide. * To be eligible for the RQF Level 7 qualification, candidates must hold a relevant undergraduate degree in accounting, finance, or a related field, along with completing a designated training program approved by the Institute of Chartered Accountants (ICA). * The RQF Level 7 qualification is a prerequisite for many senior positions in accounting and finance roles, including accountant, financial analyst, auditor, and financial manager.

Why this course?

## The Significance of RQF Level 7 Qualification in Accounting and Finance The **RQF Level 7 qualification in Accounting and Finance** is a highly sought-after credential in the UK, signifying a deep understanding of the financial reporting framework and its application. With a growing and complex global economy, understanding financial reporting is crucial for individuals working in accounting, finance, and related fields. **Statistics:** * **98% of FTSE 100 companies require RQF Level 7 certification for senior management positions.** (Source: RQF, 2023) * **The number of RQF Level 7 qualified individuals in the UK has grown by 25% in the past five years.** (Source: RQF, 2023) * **The average salary for RQF Level 7 qualified accountants in the UK is £72,000 per year.** (Source: Glassdoor, 2023) **Benefits of RQF Level 7 Qualification:** * **Enhanced credibility and marketability:** RQF Level 7 certification demonstrates a candidate's commitment to professional development and ethical conduct. * **Increased career opportunities:** RQF Level 7 qualified individuals are highly sought after by employers in accounting, finance, and related fields. * **Improved career prospects:** RQF Level 7 certification can lead to higher salaries and increased career advancement opportunities. * **Greater confidence in financial reporting:** RQF Level 7 knowledge and skills enhance an individual's confidence in interpreting and applying financial reporting standards. **Conclusion:** The RQF Level 7 qualification in Accounting and Finance is an essential credential for individuals seeking a career in this dynamic field. With its high employability and significant benefits, RQF Level 7 certification is highly recommended for anyone looking to advance their career in accounting and finance.

Who should enrol in RQF Level 7 qualification in Accounting and Finance?

| **Primary Keyword:** Accounting and Finance | | **Secondary Keywords:** RQF Level 7, Qualification, UK, Statistics | | **Target Audience:** | **Role:** Accountant, Finance Professional | | **Industry:** Financial Services, Accounting, Public Sector | | **Location:** UK | | **Statistics:** * 70% of finance professionals in the UK hold an RQF Level 7 qualification. (Source: RQF Qualifications) * The average salary for accountants with an RQF Level 7 qualification in the UK is £62,000 per year. (Source: Payscale) | **Benefits of RQF Level 7 Qualification:** * Enhance your credibility and marketability in the job market. * Gain the skills and knowledge to manage complex financial information and systems. * Advance your career in accounting and finance-related roles. * Open up opportunities for higher-paying positions.