Accounting Diploma

Accounting Diploma

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 print the documents once, there is also the option to have the materials delivered for an additional charge.