for enrolment or advice call free

01744 639746

Accounting Diploma

Level 3 / ABC Awards / ODL26

The 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.

choose your options...

online course

pay in full

monthly payments

WAS £706.80

NOW £494.76 or only £290.50 initial deposit

course duration: 200 hrs

study type: online

Course Description

This 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.

Materials can be studied online or students have the option to have the materials delivered in print for an additional charge of £65.

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

Previous Knowledge

No previous knowledge or experience is essential to study this course.

Assessment

Final online multiple choice examination counts for 100% of the final grade. Throughout the course there are ten SAPs (coursework) and a thesis.  The course clearly states that this is not mandatory to complete as it has no bearing on the final grade.  We do suggest that students complete these as this will not only assist them in examination preparation but also will give the student the skill set should they wish to continue their studies (continuous professional development) at a higher level.

Awarding Organisation

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and a Learner Unit Summary (which lists the details of all the units the learner has completed as part of the course). 

The course has been endorsed under the ABC Awards Quality Licence Scheme. This means that Oxford Learning College has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. 

The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

 The course itself has been designed by Oxford Learning College to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

Support

This course offers 12 Months Tutor Support. Tutors are available to answer student questions relating to course materials and to comment on the assignments that are sent in to state how well students have understood the unit content.

course description

Course Description

This 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.

Materials can be studied online or students have the option to have the materials delivered in print for an additional charge of £65.

previous knowledge required

Previous Knowledge

No previous knowledge or experience is essential to study this course.

assessment

Assessment

Final online multiple choice examination counts for 100% of the final grade. Throughout the course there are ten SAPs (coursework) and a thesis.  The course clearly states that this is not mandatory to complete as it has no bearing on the final grade.  We do suggest that students complete these as this will not only assist them in examination preparation but also will give the student the skill set should they wish to continue their studies (continuous professional development) at a higher level.

support

Support

This course offers 12 Months Tutor Support. Tutors are available to answer student questions relating to course materials and to comment on the assignments that are sent in to state how well students have understood the unit content.

modules

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

awarding organisation

Awarding Organisation

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and a Learner Unit Summary (which lists the details of all the units the learner has completed as part of the course). 

The course has been endorsed under the ABC Awards Quality Licence Scheme. This means that Oxford Learning College has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. 

The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

 The course itself has been designed by Oxford Learning College to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.