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Course Overview
Embark on a transformative learning journey with the UK’s most innovative home study provider, offering courses designed to unlock your true potential and facilitate the career change you desire. Access our distance learning courses directly from anywhere, anytime, and acquire industry-recognised Professional Qualifications essential for advancing in your career.
Specifically, explore the flexible and convenient Accounting Accredited (Level 2) course, an ideal way to gain a diploma qualification. Whether you aim for further education, improved job prospects, or expanded knowledge, this comprehensive course allows you to prepare thoroughly for exams or careers through home study. Plus, it’s structured to be accessible and beneficial even if you have no prior knowledge in Accounting Accredited.
The Accredited Level 2 Accounting Diploma offers a comprehensive foundation in accounting principles, techniques, and procedures, making it an essential course for individuals aspiring to pursue careers in finance, business, or related fields. Designed with careful attention to the needs of students, this diploma equips learners with a deep understanding of the purposes of accounting, enabling them to navigate complex financial scenarios with confidence. By delving into the core concepts of accounting, students gain invaluable insights into how financial information is recorded, analysed, and interpreted, essential skills for effective decision-making in both personal and professional contexts.
One of the key advantages of this course is its emphasis on practical application. Throughout the program, students engage with real-world accounting problems, honing their problem-solving abilities and learning to apply accounting tools and methods to address diverse challenges. From budgeting and financial analysis to tax preparation and auditing, students develop a versatile skill set that is highly sought after in today’s competitive job market. Moreover, the course fosters critical thinking and analytical skills, empowering students to evaluate financial data, identify patterns, and make informed decisions that drive business success.
In addition to technical proficiency, the Level 2 Accounting Diploma also emphasizes the development of important transferable skills. Students acquire proficiency in data management, learning to handle and interpret financial information with precision and accuracy. Furthermore, the course cultivates strong decision-making abilities, equipping students with the confidence to tackle complex financial issues with clarity and precision. By completing tutor-marked assessments at the end of each unit, students receive personalised feedback and guidance, facilitating their continuous growth and development throughout the program.
The year-long duration of the course ensures that students have ample time to master core accounting concepts and refine their skills through practical application. Divided into two units of study, the curriculum is carefully structured to provide a balanced blend of theoretical knowledge and hands-on experience. By the end of the program, students emerge with a comprehensive understanding of accounting principles and practices, ready to embark on successful careers in finance or pursue further education in the field. Overall, the Accredited Level 2 Accounting Diploma offers a dynamic and engaging learning experience, preparing students for the challenges and opportunities of the modern accounting profession.
Course Key Topics
the Accounting Accredited (Level 2) course is divided into 2 modules.
Module 1: Financial Accounting and Final Accounts
1. Introduction to Financial Accounting
- Understanding why it is important to keep records
- Listing the books of original entry and explaining the principle of double-entry bookkeeping
- Recording transactions from prime documents
- Entering a series of transactions into T-accounts
- How the double entry system follows the rules of the accounting equation
- How to reconcile the business bank account with the bank statement
- Balancing the accounts
- How to draw up a trial balance
- How to correct errors in the accounts
2 & 3. Final Accounts and Further Aspects
- Understanding financial accounting
- Developing the ability to produce final accounts for sole traders.
- Understanding the difference between capital expenditure and revenue expenditure
- Developing skills in making adjustments for accruals and prepayments
- How to make provisions for doubtful debts and bad debts
- Making adjustments to the accounts at the year end.
- Preparing Financial Statements: Profit and Loss Account and Balance Sheet
Module 2: Financial Accounts and Companies
1. Other Financial Accounts
- Manufacturing Accounts
- Partnership Accounts
2. Companies and Interpretation of Accounts
- Limited Companies
- Analysis and Interpretation of Accounts
- Categories of Ratio
(Please click on the curriculum tab above to see a detailed view of each module)
Course Content
Accounting Accredited (Level 2) – FREE Starter Pack
How to…. (a series of explainer videos)
Module 1 – Financial Accounting and Final Accounts
Module 2 – Financial Accounts and Companies
Course Resources
Final Exam
College Announcements
🔍 Unlock the Secrets of Financial Analysis with £50 OFF the Accounting Accredited Course! 💼💰
Ready to dive into the captivating world of accounting?
For a limited time only, we're excited to offer an exclusive discount of £50 off our Accounting Accredited Diploma!
Use code ACCOUNTING50 at checkout before the month ends!
👣 Why Choose Our Accounting Course
The Accounting Accredited Diploma, offered by Open Learning College, provides a comprehensive introduction to the principles and practices of accounting. From financial statements to budgeting techniques, this course covers essential topics that are crucial for anyone aspiring to pursue a career in accounting or finance.
💪 What Makes Our Course Stand Out
Flexibility: Learn at your own pace with 24/7 access to course materials.
Expert Guidance: Benefit from the support of experienced tutors who will guide you through your learning journey.
Real-World Application: Gain practical skills and knowledge that are directly applicable to various accounting roles in the business world.
Don't miss out on this opportunity to unlock the secrets of financial analysis at a discounted rate! Enroll now, use code ACCOUNTING50* at checkout, and embark on your journey to mastering the fundamentals of accounting. 📊📚
*This discount code cannot be used in conjunction with any other offer.
David Martinez.