Introductory Certificate in Financial and Management Accounting

COURSE OVERVIEW

A distance learning course is the ideal way to gain a Financial and Management Accounting qualification. Whether you're looking to go on to further education, improve your job prospects or expand your knowledge, distance learning Introductory Certificate in Financial and Management Accounting is a flexible and convenient course, which allows you to comprehensively prepare for an exam or career through home study. What's more, because the distance learning Introductory Certificate in Financial and Management Accounting course is a fully comprehensive course, no prior knowledge is required.

This course is part of the internationally recognised Foundations in Accountancy suite of qualifications.

If you want a career in Finance or Accounting, our supported home study course provides the necessary knowledge, skills and an entry-level qualification without disrupting your current lifestyle.Why not take the first step to building your career in accounting.

The focus of the Introductory Certificate is the core skills required for financial and management accounting such as recording financial transactions, estimating costs and revenues and preparing cash flow statements. The course is designed to be both: relevant to the sector and attractive to employers. These skills are both transferable and essential for work within the financial sector. This course offers the knowledge you need to forge a career in the financial sector and the course is aligned with UK and international accounting standards.

The Introductory Certificate in Financial and Management Accounting Course provides training in the key skills needed to embark on a rewarding career in accountancy. The distance-learning course is specially designed, allowing you to learn the skills of financial and management accounting through flexible and cost-effective home study at your own time and pace out with term time, you can start at a time that suits you.

Course Key Topics

The Introductory Certificate in Financial and Management Accounting course is divided into two comprehensive units:

Module 1: Recording Financial Transactions (FA1)

• How accounting systems work.
• Types of business transactions and documentation
• Banking system and transactions
• Payroll
• Ledger accounts
• Cash and bank
• Sales and credit transactions
• Purchases and credit transactions
• Reconciliation
• Preparing the trial balance
• Duality of transactions and the double entry system

Module 2: Management Information (MA1)

• Cost and management accounting
• Basic cost information for management accounting.
• Collecting and recording cost information
• Revenue information for planning and control
• Systems for management accounting
• Source documents in costing systems
• Costs by nature, behaviour and purpose
• Costs for material, labour and expenses
• Actual and expected costs
• Spread sheet system in Microsoft excel

You should be aware that there is an online component and also 2 external exams for this course. See the further sections below for further information.