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Level 3 Diploma in Accounting (RQF)


Course Details

Credits:50  |  Course code:L3-DA-IA
The Level 3 Diploma in Accounting (RQF) is a comprehensive program designed to provide students with the necessary skills and knowledge to pursue a successful career in accounting. This qualification covers a range of topics including financial statements, budgeting, taxation, and more. With a focus on practical skills and real-world applications, graduates will be well-equipped to excel in the field of accounting. Start your journey towards a rewarding career in accounting with the Level 3 Diploma in Accounting (RQF). About Level 3 Diploma in Accounting (RQF)

Are you looking to advance your career in accounting? Enroll in our Level 3 Diploma in Accounting (RQF) course to gain the skills and knowledge needed to excel in the field. This comprehensive program covers a range of topics including financial statements, budgeting, taxation, and more.

Our course is designed to prepare you for a successful career in accounting, whether you are just starting out or looking to enhance your existing skills. With a focus on practical, hands-on learning, you will develop the expertise needed to thrive in a variety of accounting roles.

Upon completion of the Level 3 Diploma in Accounting (RQF), you will be equipped to pursue roles such as accounts assistant, bookkeeper, or payroll administrator. With a strong emphasis on industry-relevant skills, this course will set you on the path to a rewarding and fulfilling career in accounting.

Don't miss this opportunity to take your accounting career to the next level. Enroll in our Level 3 Diploma in Accounting (RQF) course today and unlock your potential in the world of finance.

Who is this course for?:
The Level 3 Diploma in Accounting (RQF) is designed for individuals who are looking to pursue a career in accounting or finance. This qualification provides learners with the essential knowledge and skills needed to work in a variety of accounting roles, such as accounts assistant, bookkeeper, or payroll administrator. The target audience for the Level 3 Diploma in Accounting (RQF) includes: 1. School leavers: Individuals who have recently completed their secondary education and are looking to start a career in accounting. 2. Career changers: Professionals who are looking to switch careers and enter the accounting or finance industry. 3. Entry-level accounting professionals: Individuals who are already working in entry-level accounting roles and are looking to enhance their skills and knowledge. 4. Small business owners: Entrepreneurs and small business owners who want to gain a better understanding of accounting principles to manage their finances effectively. 5. Individuals seeking professional development: Those who want to upskill and advance their career prospects in the accounting field. Below is a table highlighting the key benefits of the Level 3 Diploma in Accounting (RQF) for the target audience:
Target Audience Key Benefits
School leavers - Entry into the accounting industry
- Foundation for further study or professional qualifications
Career changers - Transition into a new career path
- Develop new skills and knowledge in accounting
Entry-level accounting professionals - Enhance existing skills and knowledge
- Progression opportunities within the industry
Small business owners - Better financial management for their business
- Understanding of accounting principles for decision-making
Professional development seekers - Career advancement opportunities
- Recognition of skills and knowledge in accounting
Career path:

Career Roles for Level 3 Diploma in Accounting (RQF)

Individuals who have completed the Level 3 Diploma in Accounting (RQF) have a wide range of career opportunities available to them. Here are some of the common roles along with their average salaries in GBP £, EUR €, and USD $:

Career Role Average Salary (GBP £) Average Salary (EUR €) Average Salary (USD $)
Accounting Technician 25,000 28,000 32,000
Accounts Assistant 20,000 22,000 25,000
Payroll Administrator 22,000 24,000 28,000
Tax Assistant 23,000 25,000 29,000
Duration

The programme is available in 2 duration modes:

Course delivery: Online Entry requirements:

Course content
Module Description
1. Financial Statements Learn how to prepare financial statements in accordance with accounting standards.
2. Budgeting Understand the importance of budgeting and how to create and manage budgets effectively.
3. Management Accounting Explore the role of management accounting in decision-making and performance evaluation.
4. Taxation Gain knowledge of tax laws and regulations and learn how to calculate and file taxes.
5. Audit and Assurance Understand the principles of auditing and assurance and how to conduct audits effectively.

Assessment: Assessment is via assignment submission
Fee structure

Fee payment plans
6 months programme
● Payment option (a): GBP £433 x 3 monthly instalments
● Payment option (b): GBP £1234 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

9 months programme
● Payment option (c): GBP £199 x 5 monthly instalments
● Payment option (d): GBP £499 x 2 quarterly instalments
● Payment option (e): GBP £949 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
Accreditation
The qualification is delivered by London School of Planning and Management (LSPM) and it is awarded by Innovate Awarding, an Ofqual-regulated Awarding Body. All of the qualifications are listed on the Ofqual register.
Key facts

The Level 3 Diploma in Accounting (RQF) is a qualification designed for individuals who are looking to pursue a career in accounting or finance. This diploma provides learners with the essential knowledge and skills needed to work in various accounting roles, such as accounts assistant, bookkeeper, or payroll administrator. Here are some crucial facts about the Level 3 Diploma in Accounting (RQF): - The qualification is regulated by Ofqual and is equivalent to an A-level. - It consists of a total of 6 mandatory units, covering topics such as advanced bookkeeping, final accounts preparation, management accounting, and ethics for accountants. - The diploma is assessed through a combination of exams and practical assignments. - Upon successful completion of the Level 3 Diploma in Accounting, learners can progress to higher-level accounting qualifications or seek employment in the accounting field. Below is a table outlining the mandatory units included in the Level 3 Diploma in Accounting (RQF):

Unit Code Unit Title
AQ201 Advanced Bookkeeping
AQ202 Final Accounts Preparation
AQ203 Management Accounting: Costing
AQ204 Indirect Tax
AQ205 Ethics for Accountants
AQ206 Spreadsheets for Accounting


Why this course?

The Level 3 Diploma in Accounting (RQF) is a crucial qualification for individuals looking to pursue a career in the field of accounting. This diploma provides students with the necessary knowledge and skills to excel in various accounting roles, such as bookkeeping, payroll, and financial accounting. Here is a breakdown of the key benefits of obtaining a Level 3 Diploma in Accounting (RQF):

Benefits Description
1. Enhanced Career Opportunities The diploma opens up a wide range of career opportunities in the accounting field, including roles such as accounts assistant, finance assistant, and payroll administrator.
2. Practical Skills Development Students gain practical skills in areas such as preparing financial statements, maintaining financial records, and using accounting software.
3. Industry Recognition The Level 3 Diploma in Accounting (RQF) is recognized by employers and professional accounting bodies, enhancing the credibility of the qualification.
4. Progression to Higher Qualifications Successful completion of this diploma can lead to further study at higher levels, such as the Level 4 Diploma in Accounting or professional accounting qualifications.
Overall, the Level 3 Diploma in Accounting (RQF) is a valuable qualification that equips individuals with the necessary skills and knowledge to succeed in the accounting industry. Whether you are looking to start a career in accounting or enhance your existing skills, this diploma can help you achieve your goals.