Diploma in Accounting and Finance (Level 4)
Course Level Level 4
Awarding Body ABC AWARDS
Study Method Distance Learning
Course Duration 260 Recommended Study Hours
Entry Requirements No Entry Requirements
Start Date Ongoing
Pay in Full
Get £ 100.00 Discount when you pay in full.
Discounted Fee: £ 440
you can pay Oxford Home Study using payatrader
Pay in Instalments
£ 108 Deposit & 12 payments of £ 36 / Month
Total Fee: £ 540
you can pay Oxford Home Study using payatrader

Diploma of Accounting Online.

At the core of every successful business lies the services of a professional accountancy team, charged with overseeing every aspect of the brand’s financial activities. Even in the case of public sector offices and non-profit organisations, getting the job done on a day-to-day basis demands meticulous control and supervision of all key accounts. Quite simply, no business in any setting can thrive or even remain viable without the funds required to keep the wheels in motions. Charged with the task of monitoring, analysing, tracking and ultimately controlling core financial matters, the professional accountant plays a key role in facilitating and furthering overall business success.

Discover what it takes to become a highly-valued accountancy professional with this insightful Accounting course online. Developed for those with a strong interest in finance though perhaps no existing knowledge or experience, series of 12 in-depth modules gradually breaks this complex and challenging subject down into its core specifics.  Explore the extensive and important responsibilities of the professional accountant, along with the outstanding array of career prospects open to those with the required skills and knowledge.

Course content on this diploma of accounting online, begins by providing candidates with a broad overview of professional-level accounting as it exists today, before moving on to dissect the role of the accountant and associated key responsibilities.  Candidates also explore a wide range of contemporary accountancy standards, the most important accountancy books and documents, effective budgeting, working capital management, investment methods, variance analysis and more.  Upon completion, successful candidates will have the option of pursuing rewarding careers in largely any business sector, or continuing their financial education at an even higher level.

This Accounting Online Course, is delivered over 12 modules:

Module 1 – Introduction to Accounting

The introductory course module sets out by providing candidates with a broad overview of contemporary accounting, incorporating an outline of the scope, functions, limitations and primary users of accountancy services.  Candidates also explore the accounting cycle, along with each of the key steps in the accounting process.

Module 2 – The Role of An Accountant

The primary duties and responsibilities of the professional accountant are brought into discussion in the second course module.  Along with how the accountant fits in with the modern business structure, course content covers a series of accounting types, the objectives of book keeping, the definition of credit and debit, bases of accounting and essential accounting terminology.

Module 3 – Accounting Concepts and Standards

A series of contemporary accounting concepts and standards follow in Module 3, which provides candidates with an overview of effective business accounting framework.  Efforts toward standardisation and associated challenges/issues are also discussed at length.

Module 4 – Journals and Subsidiary Books

In the fourth course module, candidates begin to explore essential accountancy tools with an overview of key journals and subsidiary books.  Along with an exploration of ledgers, subsidiary books and the Imprest system, candidates are guided through the advantages of journals and the value of journal-subdivision.

Module 5 – Profit and Loss Accounts

An introduction to contemporary profit and loss accounts is provided in Module 5, in which candidates explore the core elements and specifics of profit and loss accounts, along with how P&L accounts are linked with balance sheets.

Module 6 – Balance Sheet

Course Module 6 takes a much deeper look at the business balance sheet, guiding candidates through each essential step in the document-production process.  The unit introduces and explores the preparation of effective balance sheets analysis and a series of important considerations before getting started.

Module 7 – Cash Flow Statements

The following course module examines corporate cash flow statements, outlining the importance of the documents themselves and of cash in its own right.  Candidates are guided through the specifics of analysing changes in working capital, why working capital matters to the modern business, the sourcing of funds, fund flow statements and more.

Module 8 – Budgeting

A series of essential budgeting basics follow in Module 8, which centres primarily on the theme of effective financial planning.  Subtopics covered in the module include performance budgeting, control ratios, zero based budgeting, budget classifications, budgetary control and more.

Module 9 – Variance Analysis

The meaning of variance and the importance/value of variance analysis represents the primary core focus of Module 9.  Course content introduces and explores several key concepts including sales variances, overhead variances, labour variances, direct material variances and general cost variances.

Module 10 – Ratio Analysis

An introduction to professional ratio analysis follows in Module 10, which guides candidates through managerial uses of the primary ratio, computation and purpose, classification and the norms for evaluation.

Module 11 – Financial Management

The following course unit focuses on the scope, benefits, purposes and associated challenges of professional financial management.  Several key concepts covered include the risk-return trade-off, organisation of finance functions, conflict of goals, related financial disciplines and more.

Module 12 – Management of Working Capital

An investigation into the importance and purpose of working capital follows in Module 12, which guides candidates through a variety of different types of working capital and a series of effective working capital management strategies.  Course content also outlines determining optimal cash balance, along with managing working capital under inflation.

Module 13 - Investment Methods

In the final course unit, focus shifts to the topic of business investment methods.  Candidates are introduced to a wide variety of connected subtopics, including cost of capital, depreciation, tax and inflows, appraisal methods, investment proposals types, investment appraisal technique limitations and more.

Payment Option

Paying in Instalments: £540(interest FREE Instalments)

Deposit: £108

No of Instalments: 12

Each Instalment: £36

Pay in Full: (£100 Discount) £440

Course Accreditation

At the end of this course successful learners will receive a Certificate of Achievementby ABC Awards and a Learner Unit Summary (which lists the details of all the units you have completed as part of your course).

The course has been endorsed under the ABC Awards’ Quality Licence Scheme.  This means that OHSC 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 4  against level descriptors published by Ofqual, to indicate the depth of study and level of difficulty involved in successful completion by the learner. 

The course itself has been designed by OHSC to meet specific learners’ or employers’ requirements.   ABC Awards’ endorsement involves a robust and rigorous quality audit by external inspectors to ensure quality is consistently met.  A regular review of courses is carried out as part of the endorsement process.

ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government.  They have a comprehensive portfolio of over 650 Ofqual regulated qualifications on the national Qualifications and Credit framework (QCF).  It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries.   As a registered charity, ABC Awards combines 180 years of examination and assessment expertise but also implements a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards also offers over 600 Ofqual regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

Q. How does Distance / Online Learning work?

All our courses offer the flexibility of learning. These are divided into units. After each course unit the student is required to complete and submit an assignment. Students work through each unit at your own pace. There are no deadlines for completing and submitting the assignments. Tutor marks the assignment and uploads the result on the portal. The student then moves on to the next unit and this way completes the course. All the submitted work is assessed by the awarding body at the moderation stage. Recognised Certificate is issued by the awarding body.

Q. When can I start the course?

You can start the course anytime. The enrolments are continued throughout the year.

Q. What is the enrolment process?

Enrolment process is very simple. After you have chosen the course you wish to take you can just fill in an online form and we will send you invoice for the course fee. On receipt of payment we will give you course access and your course tutor will contact you as well. You can even start right now by paying the course fee online.

Q. Can I take up the course if I am not in the UK?

Yes, you can. All our courses can be taken up and completed from anywhere around the world. If you are an international student you will enjoy the same support as any other student within the UK does.

Q. How long does it take to complete the course?

This entirely depends on you that how much time you dedicate to your studies and how fast you intend to complete the course. We have provided estimated study hours for each course on the course page. You can plan your study according to your own schedule.

Q. Will I get tutor support?

Yes. all our courses come will one to one tutor support. This support is available for duration of the course. Once you will enrol on the course you will be allocated an experience tutor who will guide you throughout the course. The tutor will mark your assignments and will provide you feedback on your submitted work. You can contact your tutor through email.

Q. Can I retake the assignment if I fail it once?

Yes, In that case your tutor will ask you to resubmit your assignment and will highlight the areas where you need improvement.

Q. Is there any deadline for submitting the assignments?

No, there are no deadlines for the submission of assignments. Students work at their own pace and plan their study according to their own schedule. However you will submit one assignment at a time so that the tutor can mark one and can give you feedback. Following which you can move on to your next unit and assignment.

Q. Do I need to sit an exam at the end?

All our courses are assignment based. Your submitted work is assessed throughout the course. There is no final exam at the end.

Q. Do I need to purchase any text books?

College provides comprehensive course materials containing all the relevant information you require to complete the course. All this is all included in the course fee. However we encourage our students to undertake additional study on the topics. For further help we have provided additional supporting material on the portal. There are also useful links relevant to the course you are studying.

Q. English is not my first language can I still complete the course?

All our courses have been specially written for home study keeping in mind that our students come from all parts of the world and English is not the first language for most of them. Our course materials are written in easy to understand English. If you have basic English skills you can easily complete the course.

Q. What are the entry requirements?

There are no specific entry requirements for most of our courses. All you need to have is the motivation and commitment for completing the course.