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Accounting and Finance (1st & 2nd year of University (level 4 & 5) 240 credit
1st & 2nd year of University (level 4&5)
The Undergraduate (Accounting and Finance) Level 4 and Level 5 (Extended Diploma in Management) are a 240 credit course designed as a fast track course enabling students to complete the course in 1 year and enter to the final year of an associated Undergraduate degree in Finance and Accounting, which can either be completed at a UK university on campus or via distance learning.
The Level 4 & 5 modules and assignments of this course are equivalent to the first and 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.
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.
Core Combined Units
1st year of University (Level 4 Units)
- The business environment
- Managing and using finance
- Maximising resources to achieve business success
- Quantitative skills
- Basic accounting
- Budgetary control
- Financial performance
- Financial ratios
- Financial statements
- Further ratios
2nd year of University (Level 5 Units)
- The entrepreneurial manager
- Organisation structures
- Practical accounting analysis
- Business planning and goal setting
- Politics and business
- Business law
- Managing in today’s world
- Performance management
- Marketing and sales planning
- Quantitative skills
Mode of Study
Blended Learning (for students who are in the UK)
Online learning (International students who are abroad)
Full time: If you are studying full time online or blended learning you can complete each level in 6 months duration.
Part time: if you are studying part time online or blended learning you can complete each level in 2 years from the date of enrolment.
Fast track full time: if you are studying full time online or blended learning you can complete this level in 3 months.
Online: if you are studying online and studying at your own pace you can complete in 3 years’ time.
Exam and Assessment
- There are no written Exams, only written assignment it must be submitted after completing each module.
- Overall Grading Type: Pass / Merit / Distinction
- 16 module -10 credit each, 4 module - 20 credit each, 240 credit overall
- Overall Grading Type: Pass/Merit/Distinction
Awarding Body
After successfully passing all core units assessment, you will receive a certificate or extended Diploma from the awarding body ATHE (Awards for Training and Higher Education.)
Progression Routes
- On completion of this course students will have the opportunity to apply for admission onto a 2nd year of a degree programme from a range of UK universities. Alternatively students can opt to study our Business & ManagementIf not, you can also enter into an employment.
Modules contents overview
The business environment:
Explore issues outside of the business that may affect the business and its operations. Looking into economics, international dimensions, nature and competition.
Managing and using finance:
This module covers key areas of accounting, as seen from a business perspective. It explains how accountancy can inform and guide management decisions.
Maximising resources to achieve business success:
An organisation that fails to dedicate sufficient attention to its use of resources will prove to be unprofitable over time. By being observant and prudent, any organisation can achieve significant gains from the management of its resources.
Quantitative skills:
On successful completion of this module, learners will have knowledge of numeric exercises and will understand their use within the context of the business.
Basic accounting:
On completion of this module, learners will understand accounts and how they can be used to give insight into the health of the organisation.
Budgetary control:
This module aims to explain methods of financial control using budgets. This includes development and implementation of departmental budgets, which are combined to form a master budget.
Financial performance:
This module aims to demonstrate how financial performance can be assessed in organisations. This includes the use of financial statements, and accounting standards. It also examines ways for raising finance over different periods of time.
Financial ratios:
This module aims to demonstrate the application and meaning of the commonly used financial ratio. This includes examining liquidity, solvency, gearing and profitability.
Financial statements:
This module aims to describe the preparation and presentation of the three financial statements. This includes the accounting concepts used.
Further ratios:
This module aims to demonstrate how to determine financial efficiency. This includes understanding debt repayment capacity and investment appraisal. Using this knowledge, learners will be able to assess the likely of future financial success.
The entrepreneurial manager:
What is an entrepreneur? Examine the skills and qualities of entrepreneurship.
Organisation structures:
Why are organisations structured in the way they are? What determines the optimum structure and how does it differ between organisations? In this module, learners will look at the numerous models and theories that make up organisational structure.
Practical accounting analysis:
Learners will complete exercises in accounts throughout this module to understand what they are telling us and the actions that analysis can precipitate.
Business planning and goal setting:
What is the business trying to achieve? What will it do? How will it do it? This module focuses on the creation of clear goals and clear plans to achieve a clear objective.
Politics and business:
Impact of politics on business and how it may help or hinder business. This module will educate learners on economic impact, exports and government support.
Business law:
Explore the statutory responsibilities of managers as learners look into the legalities of business and business executives.
Managing in today’s world:
Business in the modern world. This module focuses on governance and equality as a means to do right in business.
Performance management:
Understanding how your people and your business can continually improve together, learners will review reward structures, CPD, training and development to ensure high performance in business.
Marketing and sales planning:
Learners will analyse how markets, customers, competitors and products can come together in a cohesive plan.
Quantitative skills:
On successful completion of this module, learners will have knowledge of numeric exercises and will understand their use within the context of the business.