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The Level 4 & 5 Extended Diploma in Accounting are a 240 credit course designed to fast track students to the final year of an associated Undergraduate degree in Accounting, which can either be completed at a UK university on campus or via distance learning.

Programme Overview

The Level 4 & 5 Extended Diploma in Accounting are a 240 credit course designed to fast track students to the final year of an associated Undergraduate degree in Accounting, which can either be completed at a UK university on campus or via distance learning. 
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The Level 4 modules and assignments of this course are equivalent to the first year of a University Degree and the Level 5 modules and assignments are equivalent to the second year of a University Degree. This course is made up of 10 Level 4 modules (120 credits) and 10 level 5 modules (120 credits), each level also includes 10 written assignments. If a student decides to only study at Level 4 they will receive 120 credits and can apply for an exemption from the first year of a university Degree course. 
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Each module consists of approximately 40 guided learning hours of material with an additional 30-50 hours of optional learning material. These materials comprise recommended exercises, recommended readings and internet resources.

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Course Content

Level 4 Content

Financial Accounting 1

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).

Financial Accounting 2

Learners will develop the ability to prepare financial statements according to the International Accounting Standards for Small and Medium-Sized entities (IFRS for SMEs).

Budgetary Control

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).

Cost and Management Accounting

Individuals will have the skills to provide relevant information for short-term and long-term decision making; costing and pricing whilst ensuring that employees are motivated to achieve individual objectives and the objectives of the business as a whole.

Personal Taxation

The aim of this unit is to enable individuals to understand taxation as it affects Individuals. The unit will focus on income tax, National Insurance (NI) contributions and capital gains tax.

Business Environment

The aim of the unit is for learners to consider the wider business environment. The unit will build on the work covered in the financial accounting units and consider the different forms of legal business ownership.

Economics for Business

To provide learners with the knowledge and understanding of the economic environment and its impact on how businesses operate.

Law for Accounting

The aim of the module is to develop understanding of how English law impacts on business organisations and professional accountancy practice.

Level 5 Content

Financial Reporting

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.

Financial Management

The unit aims 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).

Financial and Management Control

The aim of this unit is to develop 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).

Business Taxation

The aim of this unit is to enable individuals to understand taxations as it affects small and medium enterprises (SMEs) and small and medium practices (SMPs).

Quantitative Methods

This unit will enable learners to further develop understanding and skills in the application of quantitative methods appropriate to support decision-making organisations.

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Entry Requirements

Entry to Level 4 Extended Diploma in Accounting

No work experience needed

Two reference letters

If English is not your first language, you must provide evidence that you will be able to study at a degree level English, e.g., IELTS 6.0 or TOEFL 550/213 or LIBT-EPT

As an online learner, you’ll also need a suitable computer with internet connection, together with sufficient IT competence to make effective use of word processing, internet and email

Entry to Level 5 Extended Diploma in Accounting

No work experience needed

Level 4 qualification

Two reference letters

If English is not your first language, you must provide evidence that you will be able to study at a degree level English, e.g., IELTS 6.0 or TOEFL 550/213 or LIBT-EPT

As an online learner, you’ll also need a suitable computer with internet connection, together with sufficient IT competence to make effective use of word processing, internet and email

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Course Duration

Level 4 & 5 Extended Diploma in Accounting

To complete the Level 4 & 5 Extended Diploma in Accounting, it will take 20 months. Every month, the student will be required to complete one assignment.

• Level 4 - 10 Months
  
• Level 5 - 10 Months
  

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Tuition Fee

Total Programme Fee
£1600

Payment Terms

• 4 Installments: £400 every 2 months (additional bank charges of £20 per installment apply)
  
• 8 Installment: £200 every month (additional bank charges of £20 per installment apply)
  

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Frequently Asked Questions

What is included in the cost of my programme?

• All course material, including online modules and written assignments
• Personal tutor support with online sessions
• Dedicated student support
• Access to an online community learning forum
• Assignment marking and feedback

Am I eligible for this programme?

You are eligible if you meet our stipulated entry requirements.

Will there be an interview?

There is no interview process. You will have to fill out a short application form to make sure you meet the criteria.

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