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Accounting Diploma Level 3 [ODL] £415.00

Level 3 Diploma in Accounting

Course Synopsis
This Ascentis Quality Assured Level 3 Diploma in Accounting will provide students with an in depth knowledge of the topic area. Accountancy is the art of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management. Ten carefully created modules will take students from the basic fundamentals underlying the subject of accounting to the various concepts that are used by accountants to keep records of capital expenditure for an organisation.

The modules have been organised to provide students with what has been considered the appropriate sequence to progressively develop a sound knowledge in accounting. At the end of each module there is exam preparation to complete to help best prepare the student for the final examination.

The modules are of different length and difficulty. Some of them have references to carefully selected websites to provide you with further practice, summaries and examples of topics covered in the lesson.

Students will learn the concepts of record-keeping and the purposes, techniques, consequences of effective financial accounting, businesses profitability, performance, costing and budgeting.

Such financial information is primarily used by managers, lenders, investors, tax authorities, regulators, and other decision makers to make resource allocation decisions between and within companies, organizations, and public agencies. It involves the process of recording, verifying, and reporting of the value of assets, liabilities, income, and expenses in the books of account to which debit and credit entries are chronologically posted to record changes in value.

Accounting helps businesses in the measuring, monitoring and planning of their operations. People skilled in accounting should be able to tell whether or not the business is performing well financially, the strengths and weaknesses of the business and to communicate their results to the owners of the business. Accounting is about recording, classifying and summarising data. A certain grade of judgement and good analysis and accounting techniques are very important.

The course consists of the following ten modules:
•Module One - Purposes of Accounting and Records
•Module Two - Verification of Records - Accounts and Balance Sheets
•Module Three - Types of Business Organisations, Accounting Concepts and Further Aspects
•Module Four - Internal Final Accounts of Limited Companies, Ratio Analysis and the Assessment of Business Performance
•Module Five - Introduction to Budgeting and Budget Control - ICT in Accounting
•Module Six - Stock Valuation, Incomplete Records and Sources of Finance
•Module Seven - Accounting Standards, Published Accounts and Partnership Accounts
•Module Eight - Manufacturing Accounts
•Module Nine - Costing
•Module Ten - Capital Investment Appraisal, Budgeting, Further Considerations and Social Accounting

You can also contact your tutor if you feel you need more practice in any of the topics covered in this course.

This course is self-contained so you will not need to use any extra textbooks. However, you may find useful to read other books on this subject. The following books have been recommended:

•Business Accounting 1 - Frank Wood & Alan Sangster, FT Prentice Hall. ISBN 0273655523
•Business Accounting 2 - Frank Wood & Alan Sangster, FT Prentice Hall. ISBN 0273655574
•Business Accounts - David Cox, Osborne books

Entry Requirements
All students must per 16 years of age and above.

Study Hours
Approximately 40 hours per unit

Final online multiple choice examination.

Please note that you can enrol on this course at anytime.

Level 3 Diploma in Accounting

This course is Quality Assured by Ascentis 

Additional Information
This is a dual certification course. You will receive a certificate from both the College and also the National Awarding body Ascentis. Fees for both are included in the course fee.

The course can be enrolled upon by students Internationally. There are no deadlines for enrolments.

What's Included
All study materials to enable the student to successfully complete the Diploma. Support is provided by the tutor department. Examination board certification upon completion. All examination fees.

Further Information
Your course is in a paper file format, and your materials are delivered via courier.

Please note that included in your course fee is your registration to the On Campus student community.

You will require having one of the following packages to access your On Campus area:

Windows: Windows 98, 2000, XP, Vista - Acrobat Reader 4.0 and above
Macintosh: Mac OS X, Mac OS 9.2 - Acrobat Reader 4.0 and above
In the student 'On Campus' you are also able to take part in the student chat room and forums as part of our online student community.

After enrolling online you will receive your username and password to access the On Campus area within 5 working days. You will also receive your personal Oxford student number via email.

The breakdown of your student fees is as follows: £20.00 for support, £5.00 for administration for the On Campus area inclusive of VAT at standard rate, and the remainder of the course fee is for course materials which are zero rated.

Courier fees are included free of charge, and there is a courier charge for packages sent outside of the UK. Packages sent within the EU £42.00, Packages to rest of world £52.00.

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