Level 3 Foundation Diploma in Accountancy
Empowering professionals through accredited international qualifications.
Explore Other CoursesCourse Overview
This foundation diploma provides learners with essential knowledge and practical skills in accountancy. It emphasizes financial accounting, bookkeeping, taxation basics, and business law. Participants will gain the competence to prepare and interpret financial records, support business decision‑making, and ensure compliance with accounting standards. The program is designed for individuals beginning their career in accountancy or progressing from entry‑level business qualifications.
Qualification Details
| Qualification Title | Level 3 Foundation Diploma in Accountancy |
|---|---|
| Total Credits | 50 |
| Guided Learning Hours | 500 |
| Qualification Time | 500 |
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Introduction to Accountancy and Finance Reviews the role of accountancy in business, financial systems, and professional ethics.
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Bookkeeping and Financial Records Covers double‑entry bookkeeping, ledgers, trial balances, and reconciliations.
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Financial Accounting Principles Explains preparation of financial statements, income statements, and balance sheets.
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Costing and Management Accounting Basics Introduces cost classification, break‑even analysis, and budgeting fundamentals.
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Business and Corporate Law Reviews legal frameworks, contracts, and compliance relevant to accounting practice.
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Taxation Fundamentals Covers basic principles of income tax, VAT/GST, and corporate taxation.
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Payroll and Employee Compensation Explains payroll systems, statutory deductions, and compliance with labor regulations.
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Computerized Accounting Systems Introduces accounting software, ERP systems, and digital record‑keeping.
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Business Communication for Accountants Focuses on professional communication, reporting, and presentation of financial data.
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Capstone Project in Accountancy Learners apply knowledge to prepare a complete set of financial records for a simulated business.
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Builds foundational knowledge of accountancy and finance
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Enhances bookkeeping, payroll, and taxation skills
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Strengthens compliance with accounting and legal standards
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Provides tools for computerized accounting and financial reporting
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Offers recognized certification to support career progression in accountancy and finance
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Aspiring accountants and finance assistants
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Business students progressing from Level 2 qualifications
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Entrepreneurs and small business owners managing their own accounts
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Administrative staff supporting financial operations
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Individuals preparing for higher‑level accountancy and finance qualifications
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Assessment Type: Written exam + case study + project
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Format: MCQs, short answers, applied case study, and financial records project
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Total Questions: 60 theory + 1 case study + 1 project
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Passing Score: 70%
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Duration: 2 hours (written) + 3 weeks (project submission)
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Certification: Level 3 Foundation Diploma in Accountancy
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