OTHM Level 3 Diploma in Accounting and Finance Course

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OTHM Level 3 Diploma in Accounting and Finance Course

The OTHM Level 3 Diploma in Accounting and Finance is designed for individuals seeking to advance their careers in accounting and finance. This course is ideal for those with little to no prior experience in the field.

Through comprehensive learning, learners will gain a solid understanding of financial principles, accounting standards, and financial management techniques.

Key topics include financial reporting, budgeting, and financial analysis, as well as business law and ethics.

Upon completion, learners will be equipped to work in various roles, such as accounting clerk, bookkeeper, or financial analyst.

Don't miss this opportunity to launch your career in accounting and finance. Explore the OTHM Level 3 Diploma in Accounting and Finance course today and take the first step towards a successful and rewarding career.

Accounting and finance professionals can take their careers to the next level with the OTHM Level 3 Diploma in Accounting and Finance Course. This comprehensive program offers a range of key benefits, including practical skills and theoretical knowledge, preparing students for successful careers in the field. Upon completion, graduates can expect improved career prospects and increased earning potential. The course features a unique flexible learning approach, allowing students to study at their own pace. With a focus on industry-recognized qualifications, this diploma is ideal for those looking to advance their accounting and finance skills.



Benefits of studying OTHM Level 3 Diploma in Accounting and Finance Course

OTHM Level 3 Diploma in Accounting and Finance is a highly regarded qualification in the UK accounting industry. According to the UK's Office for National Statistics, the demand for accountants and finance professionals is expected to increase by 10% by 2025, with the average salary for an accountant reaching £43,000 per annum.

Year Number of Accountants
2020 142,000
2025 (projected) 156,200
Google Charts 3D Column Chart:
The OTHM Level 3 Diploma in Accounting and Finance is designed to equip learners with the necessary skills and knowledge to succeed in the industry. The course covers a range of topics, including financial accounting, management accounting, and financial management. With the increasing demand for accountants and finance professionals, this qualification is an excellent choice for those looking to advance their careers or start a new one.

Career path

Learn keyfacts about OTHM Level 3 Diploma in Accounting and Finance Course

The OTHM Level 3 Diploma in Accounting and Finance is a comprehensive course designed to equip learners with the necessary skills and knowledge to succeed in the accounting and finance industry.

Upon completion of the course, learners can expect to achieve the following learning outcomes:

• Develop a deep understanding of financial management, accounting principles, and financial analysis.

• Acquire skills in financial planning, budgeting, and forecasting.

• Learn to prepare financial statements, including balance sheets, income statements, and cash flow statements.

• Understand the role of accounting in business decision-making and develop skills in financial reporting and analysis.

The duration of the OTHM Level 3 Diploma in Accounting and Finance course is typically 12 months, with learners required to complete 12 modules.

Throughout the course, learners will engage with a range of teaching methods, including online lectures, assignments, and exams.

The course is designed to be flexible, allowing learners to study at their own pace and on their own schedule.

The OTHM Level 3 Diploma in Accounting and Finance is highly relevant to the accounting and finance industry, with many employers recognizing the qualification as a benchmark for entry-level positions.

Many employers also recognize the OTHM Level 3 Diploma in Accounting and Finance as a stepping stone for career progression, with learners able to progress to more senior roles or pursue further education and training.

The course is also recognized by many professional bodies, including the Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW).

By completing the OTHM Level 3 Diploma in Accounting and Finance, learners can enhance their career prospects and achieve a recognized qualification in accounting and finance.

Who is OTHM Level 3 Diploma in Accounting and Finance Course for?

Ideal Audience for OTHM Level 3 Diploma in Accounting and Finance Course
Individuals seeking a career in accounting and finance, particularly those in the UK, are the primary target audience for this course. With the UK's financial services sector accounting for over 10% of the country's GDP, having a solid understanding of accounting and finance principles is crucial for success.
Those looking to transition into a role such as bookkeeper, accountant, or financial analyst will benefit from this course. According to the UK's Chartered Institute of Management Accountants (CIMA), there are over 150,000 management accountants in the UK, with a high demand for skilled professionals in this field.
The course is also suitable for those who have completed a Level 2 Diploma in Accounting and are looking to upgrade their skills. With the UK's accounting industry expected to grow by 10% by 2025, investing in a Level 3 Diploma in Accounting and Finance is a smart career move.
Prospective learners should have a good understanding of basic maths and English skills, as well as a willingness to learn and commit to the course. With its flexible study options and industry-recognized certification, the OTHM Level 3 Diploma in Accounting and Finance Course is an ideal choice for those looking to launch or advance their career in accounting and finance.

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Course content


Financial Management: This unit covers the principles of financial management, including financial planning, budgeting, and forecasting. It also discusses the role of the finance manager and the importance of effective financial management in achieving organizational objectives. •
Financial Reporting: This unit focuses on the preparation and presentation of financial reports, including balance sheets, income statements, and cash flow statements. It also covers the use of financial ratios and other analytical tools to evaluate financial performance. •
Accounting Principles: This unit covers the fundamental principles of accounting, including the accounting triangle, financial accounting, and management accounting. It also discusses the use of accounting standards and regulations. •
Financial Analysis: This unit covers the techniques used to analyze financial data, including ratio analysis, trend analysis, and break-even analysis. It also discusses the use of financial models and forecasting techniques. •
Corporate Finance: This unit covers the principles of corporate finance, including capital budgeting, dividend policy, and risk management. It also discusses the role of the corporate finance manager and the importance of effective corporate finance in achieving organizational objectives. •
Financial Planning: This unit covers the process of financial planning, including financial forecasting, budgeting, and cash flow management. It also discusses the use of financial models and tools to support financial planning. •
Taxation: This unit covers the principles of taxation, including income tax, corporation tax, and value-added tax. It also discusses the impact of taxation on financial decisions and the role of tax planning in achieving organizational objectives. •
Auditing: This unit covers the principles and procedures of auditing, including financial statement auditing and internal auditing. It also discusses the role of the auditor and the importance of effective auditing in ensuring the accuracy and reliability of financial information. •
Financial Markets and Institutions: This unit covers the principles of financial markets and institutions, including the role of banks, investment firms, and other financial institutions. It also discusses the impact of financial markets and institutions on financial decisions and the role of financial regulation in ensuring stability and security. •
International Financial Management: This unit covers the principles of international financial management, including foreign exchange management, transfer pricing, and cross-border investments. It also discusses the impact of globalization on financial decisions and the role of international financial management in achieving organizational objectives.

Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements


Fee and payment plans


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Course fee

The fee for the programme is as follows:

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- * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

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Accreditation

Discover further details about the OTHM Level 3 Diploma in Accounting and Finance Course

Why choose LSPM ?

  • ✓ Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
  • ✓ Flexible fee payment plans: Pay fee in affordable monthly, quarterly or yearly instalments plans.
  • ✓ Fast track mode - get your qualification in just 6 months!
  • ✓ Dedicated Tutor Support via live chat and email.

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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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