Accounting and Finance -UK
MODULES
Introduction to Accounting
The aim of this unit is to develop an understanding of the different areas of accountancy practice and to begin to consider how these inter-relate with the business environment.
Introduction to
Accounting PrinciplesIntroduction to Cost Accounting Techniques
Financial Accounting Applications
Introduction to Management Accounting
Ethical, Social and
Political Issues in Accounting PracticeThe aim of this unit is to develop an understanding of accounting principles and information systems. Learners will develop practical bookkeeping skills and understand how to prepare double entry ledger accounts from first principles.
The aim of this unit is to gain an understanding of financial accounting techniques. Learners will develop practical accounting skills to enable them to prepare final accounts for a range of different business organisations and will understand how to analyse and evaluate these statements making appropriate justifications for organisational improvements.
The aim of this unit is to develop their management and costing accounting skills. Learners will demonstrate numerical dexterity by completing practical tasks completed by business organisations on a day to day basis.
The aim of this unit is to develop cost accounting skills. Learners will gain an understanding of the importance of costing to the effective operation of a business organisation.
By considering a range of social responsibilities, learners will gain an understanding of the inter-relationship between quantitative and qualitative information.
MODULES
Financial Accounting 1
Financial Accounting 2
Budgetary Control
The aim of this unit is to develop the financial reporting skills of those who manage or seek to manage the day to day finances and financial needs of small and medium enterprises (SMEs) and small and medium practices (SMPs).
The unit will develop the ability to prepare financial statements according to the International Accounting Standard for Small and Medium-Sized entities (IFRS for SMEs) and to interpret financial statements prepared according to that standard.Learners will develop the ability to prepare financial statements according to the International Accounting Standards for Small and Medium-Sized entities (IFRS for SMEs). Learners will gain knowledge and skills required to enable them to measure performance and assess the financial position of small and medium enterprises (SMEs) and small and medium practices (SMPs).
The aim of this unit is to develop knowledge and ability in identifying and evaluating sources of finance, managing and improving working capital, preparing budgets for functional departments and understand the importance of budgetary control for small and medium enterprises (SMEs) and small and medium practices (SMPs).
MODULES
Financial Reporting
Financial Management
Financial and Management Control
The aims of this unit are to ensure that students have a sound understanding of the techniques of double entry accounting and can apply its principles in recording transactions, adjusting financial records and preparing non- complex financial statements.
The unit aim is to develop the financial management skills for those who manage or seek to manage the performance, risk and financial decision-making needs of small and medium enterprises (SMEs), and small and medium practices (SMPs).
The aim of this unit is to develop the financial management skills of those who manage or seek to provide information for performance management, continuous improvement, budgetary and financial control and the management of internal risk in small and medium enterprises (SMEs) and small and medium practices (SMPs).
The aim of this unit is to enable individuals to understand taxation as it affects small and medium enterprises (SMEs) and small and medium practices (SMPs). To provide individuals with the skills to prepare basic tax computations and advise others of the effects of taxation and impact of tax on decision-making.
Business Taxation
This unit will enable learners to further develop understanding and skills in the application of quantitative methods appropriate to support decision-making in organisations.
Quantitative Methods
The aim of this unit is to provide learners with an understanding of the concept of assurance. Learners will consider the responsibilities of different stakeholders when completing assurance engagements and will gain an understanding of internal controls and their importance in assurance engagements as well as gain a practical understanding of how to gather the required evidence for all assurance activities.