Level 4 Diploma in Accounting to International Standards

Level 4 Diploma in Accounting to International Standards

Wise Owl Training
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Description

The overall aim of this qualification is to accredit candidates’ knowledge and understanding of the fundamental principles concerned in the preparation and publication of financial standards, ensuring they comply with International Accounting Standards and to the UK Accounting Concepts and Policies.

Within the qualification, candidates have the opportunity to gain knowledge of the processes necessary to prepare financial statements for sole traders, partnerships and limited liability businesses and complete the necessary calculations associated with Cash Flow Statements and consolidated financial statements. Candidates will also be able to develop the skills necessary to complete analysis o…

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Didn't find what you were looking for? See also: Accounting, International Economics, Business Administration, Bookkeeping, and Corporate Finance.

The overall aim of this qualification is to accredit candidates’ knowledge and understanding of the fundamental principles concerned in the preparation and publication of financial standards, ensuring they comply with International Accounting Standards and to the UK Accounting Concepts and Policies.

Within the qualification, candidates have the opportunity to gain knowledge of the processes necessary to prepare financial statements for sole traders, partnerships and limited liability businesses and complete the necessary calculations associated with Cash Flow Statements and consolidated financial statements. Candidates will also be able to develop the skills necessary to complete analysis of the organisations financial situation using pre-determined ratios.

The qualification requires candidates to understand the legal structure of a limited liability company and the preparation of the Trading Account, Profit and Loss Account and Balance Sheet, which form the Financial Statements, using UK Accounting Concepts and International Accounting Standards. Various scenarios are covered including the preparation of financial statements for those businesses who operate as a parent company incorporating one subsidiary company.

Attendance: Courses are available as classroom delivery (subject to demand) or distance learning.

Next available start date: TBC - please contact us for more details

Cost: TBC - please contact us for more details

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There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.