Accounting and Finance

Accounting and Finance

Accounting and Finance

Accounting and Finance

Diploma

Level 4 - Undergraduate

Course Code

610/0796/1

Credits

120 ESTC

Correspondence

Equivalent to the first year of a 3-year Bachelor’s degree in the UK and comparable to the first year of undergraduate studies internationally (US, Canada, Asia, and Europe).

Programme Overview


The Level 4 Diploma in Accounting and Finance provides a foundational understanding of key accounting and finance principles, preparing learners for further studies or entry-level roles in financial management. Covering essential topics such as financial accounting, budgeting, cost management, and the regulatory environment, this diploma equips students with the technical knowledge and practical skills needed in financial settings. The programme is ideal for those aspiring to build a career in accounting and finance or progress to more advanced studies.


Aims of the Diploma

The qualification aims to:

  • Provide a solid foundation in accounting and finance principles, including budgeting, reporting, and compliance.

  • Develop learners’ ability to interpret and use financial data effectively.

  • Equip students with skills for entry-level roles or further studies in accounting and finance.

  • Foster an understanding of the ethical and regulatory aspects of financial management.


Learning Outcomes

Upon successful completion, learners will be able to:

  1. Understand the fundamental principles of financial accounting and reporting.

  2. Apply budgeting and financial planning techniques in a business context.

  3. Demonstrate knowledge of cost management and control processes.

  4. Interpret financial statements in accordance with regulatory requirements.


Duration

  • Full-Time: 1 Year

  • Part-Time: 2 Years

  • Maximum Completion: 5 Years from Enrolment

Mode of Delivery

  • Distance Education

  • Self-Paced Learning

  • Course Materials: Video and Text Resources

Admission Requirements


  • Typical Age: 18+

  • Entry Requirements:  Completion of a Level 3 qualification in a relevant field or equivalent work experience in accounting or finance.

  • International Qualifications: Equivalent qualifications may include:

    • High school diploma or recognised pre-university certifications (e.g., Grade 12 in Asia, Senior Certificate in Africa, EQF Level 4 in Europe, or a high school diploma in the US/Canada).

  • English Proficiency (for non-native speakers): IELTS 6.0, CEFR level B2, or equivalent.

  • Additional Guidance : For assistance with qualification equivalency or language requirements, please contact our admissions advisor at [email protected] or through our contact page.



Admission Requirements


  • Typical Age: 18+

  • Entry Requirements:  Completion of a Level 3 qualification in a relevant field or equivalent work experience in accounting or finance.

  • International Qualifications: Equivalent qualifications may include:

    • High school diploma or recognised pre-university certifications (e.g., Grade 12 in Asia, Senior Certificate in Africa, EQF Level 4 in Europe, or a high school diploma in the US/Canada).

  • English Proficiency (for non-native speakers): IELTS 6.0, CEFR level B2, or equivalent.

  • Additional Guidance : For assistance with qualification equivalency or language requirements, please contact our admissions advisor at [email protected] or through our contact page.



Admission Requirements


  • Typical Age: 18+

  • Entry Requirements:  Completion of a Level 3 qualification in a relevant field or equivalent work experience in accounting or finance.

  • International Qualifications: Equivalent qualifications may include:

    • High school diploma or recognised pre-university certifications (e.g., Grade 12 in Asia, Senior Certificate in Africa, EQF Level 4 in Europe, or a high school diploma in the US/Canada).

  • English Proficiency (for non-native speakers): IELTS 6.0, CEFR level B2, or equivalent.

  • Additional Guidance : For assistance with qualification equivalency or language requirements, please contact our admissions advisor at [email protected] or through our contact page.



Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Structure of the Qualification


Total Credits: 120 ECTS
Modules: Six mandatory modules, each worth 20 credits, covering essential aspects of accounting and finance.


Core Modules

  1. Financial Accounting (20 Credits)
    Covers the basics of financial accounting, including recording transactions, financial statement preparation, and compliance with regulatory standards.

  2. Cost and Management Accounting (20 Credits)
    Focuses on cost control, budgeting, and decision-making processes to manage financial resources effectively.

  3. Budgeting (20 Credits)
    Introduces principles of budgeting and forecasting to support financial planning and resource allocation.

  4. Working Capital Management (20 Credits)
    Examines cash flow management, credit control, and inventory management in business.

  5. The Regulatory Framework of Accounting (20 Credits)
    Provides an overview of the laws, standards, and ethical guidelines governing financial practices.


Explore the complete curriculum for this course to gain a detailed understanding of the topics covered, learning objectives, and key skills you'll develop. Click here to access the full curriculum.


Assessment and Regulations


Assessment Approach
The assessment includes written assignments, case studies, and exams tailored to test both theoretical knowledge and practical skills:

  • Written Assignments: Each unit includes assignments that require learners to apply financial theories to real-world contexts.

  • Exams: Designed to evaluate understanding of core accounting and finance principles.

  • Case Studies: Practical exercises that simulate real-world financial management scenarios.


Grading System
Grades are awarded as Pass, Merit, or Distinction:

  • Pass: 40%-59%

  • Merit: 60%-69%

  • Distinction: 70% and above


Completion Requirements
Learners must achieve a minimum score of 40% in each unit. All assessments are subject to internal and external quality assurance by Qualifi.


Professional Development and Progression


  1. Progress to Higher-Level Study:

  2. Work-Based Learning:
    Practical assessments provide direct applications of accounting and finance principles, supporting career readiness and professional growth.


**When you enrol in our Level 4+5 bundle, you’ll start on the same course pathway for both levels. The possible pathways shown here are for reference only. If you wish to change your Level 5 route after registration, just reach out to Student Services—we’re here to guide you toward the best fit.

Professional Development and Progression


  1. Progress to Higher-Level Study:

  2. Work-Based Learning:
    Practical assessments provide direct applications of accounting and finance principles, supporting career readiness and professional growth.


**When you enrol in our Level 4+5 bundle, you’ll start on the same course pathway for both levels. The possible pathways shown here are for reference only. If you wish to change your Level 5 route after registration, just reach out to Student Services—we’re here to guide you toward the best fit.

Professional Development and Progression


  1. Progress to Higher-Level Study:

  2. Work-Based Learning:
    Practical assessments provide direct applications of accounting and finance principles, supporting career readiness and professional growth.


**When you enrol in our Level 4+5 bundle, you’ll start on the same course pathway for both levels. The possible pathways shown here are for reference only. If you wish to change your Level 5 route after registration, just reach out to Student Services—we’re here to guide you toward the best fit.

Professional Development and Progression


  1. Progress to Higher-Level Study:

  2. Work-Based Learning:
    Practical assessments provide direct applications of accounting and finance principles, supporting career readiness and professional growth.


**When you enrol in our Level 4+5 bundle, you’ll start on the same course pathway for both levels. The possible pathways shown here are for reference only. If you wish to change your Level 5 route after registration, just reach out to Student Services—we’re here to guide you toward the best fit.

Request Information

Tuition Plans

"Bundle Levels 4 and 5 for seamless progression and better value—an ideal choice for your journey."

Brooklyn Simmons

Admission Staff

Single Course - Level 4

Accounting and Finance

£

5,950

Best for learners starting their journey with foundational knowledge and skills.

(You will be redirected to Application Page)

Access to Online Resources

Assessment Support and Grading

Certification upon Completion

Two Courses - Level 4 + 5

Accounting and Finance

£

7,650

Ideal for those seeking seamless progression with a complete diploma package.

(You will be redirected to application Page)

Access to Online Resources

Assessment Support and Grading

Seamless Progression

Cost-effective Tuition

Certification upon Completion

Tuition Plans

"Bundle Levels 4 and 5 for seamless progression and better value—an ideal choice for your journey."

Brooklyn Simmons

Admission Staff

Single Course - Level 4

Accounting and Finance

£

5,950

Best for learners starting their journey with foundational knowledge and skills.

(You will be redirected to Application Page)

Access to Online Resources

Assessment Support and Grading

Certification upon Completion

Two Courses - Level 4 + 5

Accounting and Finance

£

7,650

Ideal for those seeking seamless progression with a complete diploma package.

(You will be redirected to application Page)

Access to Online Resources

Assessment Support and Grading

Seamless Progression

Cost-effective Tuition

Certification upon Completion

Tuition Plans

"Bundle Levels 4 and 5 for seamless progression and better value—an ideal choice for your journey."

Brooklyn Simmons

Admission Staff

Single Course - Level 4

Accounting and Finance

£

5,950

Best for learners starting their journey with foundational knowledge and skills.

(You will be redirected to Application Page)

Access to Online Resources

Assessment Support and Grading

Certification upon Completion

Two Courses - Level 4 + 5

Accounting and Finance

£

7,650

Ideal for those seeking seamless progression with a complete diploma package.

(You will be redirected to application Page)

Access to Online Resources

Assessment Support and Grading

Seamless Progression

Cost-effective Tuition

Certification upon Completion

Tuition Plans

"Bundle Levels 4 and 5 for seamless progression and better value—an ideal choice for your journey."

Brooklyn Simmons

Admission Staff

Single Course - Level 4

Accounting and Finance

£

5,950

Best for learners starting their journey with foundational knowledge and skills.

(You will be redirected to Application Page)

Access to Online Resources

Assessment Support and Grading

Certification upon Completion

Two Courses - Level 4 + 5

Accounting and Finance

£

7,650

Ideal for those seeking seamless progression with a complete diploma package.

(You will be redirected to application Page)

Access to Online Resources

Assessment Support and Grading

Seamless Progression

Cost-effective Tuition

Certification upon Completion

FAQs

Find answers to common questions about our courses, registration, support, and opportunities to enhance your learning journey.

How is this course structured?

Each course is designed with a mix of theoretical and practical modules, offering flexible online study with clear progression pathways.

Can I combine this course with work or other commitments?

Are there assessments or exams in this course?

What support is available during my studies?

Can I continue to higher education after this course?

How is this course structured?

Each course is designed with a mix of theoretical and practical modules, offering flexible online study with clear progression pathways.

Can I combine this course with work or other commitments?

Are there assessments or exams in this course?

What support is available during my studies?

Can I continue to higher education after this course?

How is this course structured?

Each course is designed with a mix of theoretical and practical modules, offering flexible online study with clear progression pathways.

Can I combine this course with work or other commitments?

Are there assessments or exams in this course?

What support is available during my studies?

Can I continue to higher education after this course?

How is this course structured?

Each course is designed with a mix of theoretical and practical modules, offering flexible online study with clear progression pathways.

Can I combine this course with work or other commitments?

Are there assessments or exams in this course?

What support is available during my studies?

Can I continue to higher education after this course?

Embark on Your Journey

Join Richmond and explore a world of academic excellence, personal growth, and boundless possibilities.

Embark on Your Journey

Join Richmond and explore a world of academic excellence, personal growth, and boundless possibilities.

Embark on Your Journey

Join Richmond and explore a world of academic excellence, personal growth, and boundless possibilities.

Embark on Your Journey

Join Richmond and explore a world of academic excellence, personal growth, and boundless possibilities.