ACCA Diploma in Accounting and Business

ACCA (Association of Chartered Certified Accountants) Diploma

Course Details

The ACCA Diploma in Accounting and Business is a level 4 course that will help you to progress to Chartered Accounting status.   It offers an ideal route for anyone looking to do an introductory qualification in accounting as well a flexible path to the full ACCA Chartered qualification.  Gaining this qualification negates the need to have a degree or the normal prerequisites required to start ACCA Qualification.

It goes without saying that ACCA qualified accountants are highly sought after by companies.  This course will qualify your understanding of standard accountancy practices, reporting systems, professional ethics and how to prepare financial documents.

Qualifications

The ACCA Diploma in Accounting and Business is equivalent to a Certificate of Higher Education which is obviously accredited by the Association of Chartered Certified Accountants (ACCA).

The following is included in the price of the course:

• Two years' tutorial support
• Fully downloadable books and course materials
• Mock exams, Exam fees and Exam booking service
• Your first year’s ACCA membership (required to take the exams)
• Free Career Management Centre services
• NUS card - the definitive student discount card with a range of exclusive discounts

To find out more click 'Request Information'

Study Plan

Accountant in Business Contents
 
Various topics including:

• The purpose & types of business organisation
• Stakeholders in business organisation
• Political & legal factors affecting business
• Macro and Micro economic factors
• Social & demographic factors
• Technological, Environmental and Competitive factors
• etc, etc, etc
  

Management Accounting

• Accounting information for management
• Cost classification and Cost behaviour
• Product costing and Product coding
• Correlation and regression analysis
• Accounting for materials, labour, expenses
• Absorption costing, Marginal costing, Process costing
• Job, batch and service costing, Alternative cost accounting
• Standard costing
• Variances – material and labour, Variances – overheads
• Budgeting
• Investment appraisal
• Performance measurement
• Cost reduction and enhancement of value
• Monitoring performance and reporting
• Presenting information, Spreadsheets

Financial Accounting

• The Accounting Function
• Double Entry Processing
• An Introduction to Sales Tax
• Business Documents
• The Sub-divided Accounting System
• The Trial Balance, Control Accounts and Reconciliations
• Accounting Standards, Policies and Concepts
• Value and Account for Inventories
• Account for Prepayments and Accruals, Irrecoverable Receivables, Acquisition, Disposal and Depreciation of Non-Current Assets
• Prepare Financial Statements for a Sole Trader
• Introduction to Limited Companies and the Regulatory Framework
• Capital and Reserves
• Preparing and Interpreting Financial Statements
• Events After the Reporting Period and Other Accounting Standards
• Statement of Cash Flows
• Consolidated Financial Statements

Study Details

In order to gain the ACCA Diploma in Accounting and Business you will be required to sit four online units containing six assignments and three mock examinations.  There are three computer based exams taken at an external test centre and one online continuous assessment module, all included in the course.

The course will take approximately 434 study hours of study time and as this is a distance learning course it is up to you over how much time you commit to your studies each week.   Naturally this offers progression towards the ACCA Advanced Diploma in Accounting and Business, the next step towards ACCA Qualification.

Careers

Example roles that students that have gained the ACCA Diploma in Accounting and Business qualifications could perform are below:

Assistant Accountant
£29,456
Source: Hayes – Salary Survery 2010

Accounts Officer
£37,400
Source: Hayes – Salary Survery 2010