Diploma in Accounting (2024)
Introduction
The Level 4 Diploma in Accounting (60-credit) offers learners a short but relatively extensive introduction to essential Level 4 Accounting knowledge and skills.
As an outcome, the Level 4 Diploma offers learners a core accounting skills and knowledge background contextualised by relevant budgetary, cost and management accounting techniques.
Grading
Graded with Pass, Merit and Distinction.
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Delivery Mode
This qualification can be delivered either in the classroom, via distance learning, or blended.
Typical Age
This qualification is designed for learners who are typically aged 18 and above.
Entry Criteria
SACL requires no prior qualifications to study Level 4 Diploma in Accounting.
Learners must complete all 4 mandatory units.
| Unit Name | Unit Aims | Credits | Mandatory |
|---|---|---|---|
| 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). The unit will develop the ability to prepare financial statements according to the International Accounting Standard for Small and Medium-Sized entities (IFRS for SMEs) and to interpret financial statements prepared according to that standard. | 15 | Yes |
| 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). Learners will gain knowledge and skills required to enable them to measure performance and assess the financial position of small and medium enterprises (SMEs) and small and medium practices (SMPs). | 15 | Yes |
| 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). | 15 | Yes |
| Cost and Management Accounting | Individuals will have the skills to provide relevant information for short-term and long-term decision making in relation to costing and pricing, whilst ensuring that employees are motivated to achieve individual objectives and the objectives of the business as a whole. | 15 | Yes |
