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.
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
On completion of your course, you will receive two qualifications:
Qualification 1: Accounting Diploma
Accounting Diploma issued by Stonebridge Associated Colleges, entitling you to use the letters SAC Dip after your name.
Qualification 2: ASET Level 3 Accounting Award
This Course leads to an ASET Level 3 Award Certificate for successful learners. That means that it is independantly accredited at a level of learning equivalent to level 3 on the National Qualifications Framework (NFQ) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3).
The Award has been designed by a learning provider to meet specific learners' or employers' requirements and as such is not listed as a qualification on NQF. While the duration, content or assessment may vary from similar national qualifications, in accrediting the programme at level 3, ASET attests that its learning outcomes are at an equivalent level to a level 3 national qualification.
This course is an online course . With online study you have access to your entire course from the start of your studies. You can access your course materials, and submit all of your question papers to your personal tutor, online from anywhere in the World using your unique student account.
If you do not have Internet access, or would prefer to study this course via the traditional paper/postal based study method, you can find more information on the course by clicking on the link below.
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
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: 120 hrs.
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
What is ASET
ASET is a recognised National Awarding Body.
This course is accredited by ASET. ASET are a leading National Awarding Body, recognised in the U.K by the Department for Education and Skills (DfEs), Learning Skills Council (LSC) and the Qualifications & Curriculum Authority (QCA). ASET specialise in providing, quality-assuring and certificating vocational learning programmes.