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Accounting Level 3 [STB] 291.20
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291.20

A Distance Learning Course of 8 Lessons

Course Description

Accounting is designed to help those with an interest in a business, or other organisation, to assess its financial position and performance. It aims to communicate relevant economic information to interested parties and, as a result, improve the quality of decisions that are made.

Unless accounting achieves this purpose, it would really be a waste of effort to provide the information. In this course we consider the major financial statements that are produced by businesses on a regular basis to help in the decision making process. These financial statements are designed to provide an overview of the business's financial health and are widely used by managers, owners, suppliers, customers and others.

We consider the main principles underpinning these statements as well as their strengths and weaknesses. In addition. We consider how these statements can be analysed in order to come to some conclusions about the financial health of a business.

This course requires no previous knowledge of accounting or finance.

Course Syllabus

Introduction to accounting

The balance sheet

The profit and loss account

The measure of profit - further issues

An introduction to the accounts of limited companies

The regulatory framework

The accounts of groups and companies

The cash flow statement

The use of financial statements for planning and decision-making

The analysis of financial statements 1

The analysis of financial statements 2

The accounting framework and value measurement

Qualification(s)

Qualification 1: Accounting Diploma

Accounting Diploma issued by Stonebridge Associated Colleges, entitling you to use the letters SAC Dip after your name.

Qualification 2: Level 3 Accounting Award

This Course leads to an NCFE Level 3 Award Certificate for successful learners. This means that it is independently accredited at a level of learning equivalent to level 3 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3). In accrediting the programme at level 3, NCFE attests that its learning outcomes are at an equivalent level to a level 3 national qualification.

This award has been designed by Stonebridge Associated Colleges to meet specific learners' or employers' requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning programme has been scrutinised and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.

Tutor Support

With this course you will have unlimited access to your own personal tutor who specialises in their field of study. It is your personal tutor's role to ensure that you receive constructive feedback and to deal with any queries you may have. You are more than welcome to telephone, fax or email your personal tutor. You will also have access to a dedicated and friendly team of administrators and course advisors who offer sound and professional guidance and advice when you need it. This ensures that you will never feel neglected and that you will always succeed!

Requirements for Entry

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

Study Hours

This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete the course is: 108 hrs.

Additional Information

Available in paper or online versions. Please select at bottom of the page.

Assessment Method
After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

What's Included
All study materials
Study Guide
Full Tutor and Admin support
The course fee includes the awarding body registration and certification fee (valued at up to 30.00).

What is NCFE
NCFE is the UK's longest established awarding body, recognised as a highly professional and responsive organisation, committed to maintaining excellent customer service and a friendly approach.

NCFE is recognised as an awarding body by the qualification regulators ('regulators') for England, Wales and Northern Ireland. The regulators are the Office of the Qualifications and Examinations Regulator (Ofqual) in England, the Department for Children, Education, Lifelong Learning and Skills (DCELLS) in Wales and the Council for Curriculum, Examinations and Assessment (CCEA) in Northern Ireland.

Accreditation by NCFE is a guarantee of quality. It means that a learning programme has been scrutinised and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE. Learners successfully completing NCFE accredited programmes receive an externally accredited and nationally recognised NCFE certificate.

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291.20
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