Accounting and Finance Level 3 Certificate Programs is offered by the Institute of Business and Technology. Accounting and Finance plays an integral role in any organisation irrespective of the industry. Operating a firm without operational finance is almost impossible. In addition, the services of accountancy professionals become highly significant for an organisation in maintaining profitability and positive cash flow. The Level 3 Certificate Program in Accounting and Finance is aimed at offering enhanced knowledge in Accounting and Financing to the learners through the effective learning sessions. The IBT Qualification will significantly help the learners in attaining competency in modern Accounting and Finance standards. Furthermore, the program meets the modern Accountancy standards as part of creating career opportunities to the learners.
The Level 3 certificate program is structured in such a manner which improves the Accounting skills and knowledge of the learner, especially in the areas of the balance sheet, income statement and cash flow statements. The program consists of six units, and each unit will be aimed at developing the knowledge of the learner in concern to the major concepts of the Accountancy and Finance.
IBT is an awarding body which offers business and management programs that meets the 21st century corporate needs. The high-quality vocational qualifications offered by the Institute ensures that the learners attain enhanced knowledge and skills in the specific field. In addition, the IBT provides assistance to the accredited centres as part of maintaining the quality and standard of the programs offered to the students. The regular monitoring helps the accredited centres in improving the quality of the teaching periodically.
IBT is one of the institution in the UK which offers flexible, professional, and customer-focused management programs to the learners. Attaining the IBT qualification will help the learners in enhancing career opportunities in the corporate sector.
IBT’s Vision and Mission
IBT’s vision is to promote valuable and high-quality vocational qualifications which meet the 21st-century employer and learner needs. The institute strives in maintaining the quality of the programs through offering flexible and advanced support to the accredited centres.
|Unit Ref. No.||Unit title||Credit|
|AF301||Recording Financial Transactions||20|
|AF302||Maintaining Financial Records||20|
|AF303||Analysing Balance Sheets||20|
|AF304||Profit and Loss Accounts||20|
|AF305||Understanding Cash Flow Statements||20|
The assessment will be carried out internally for all units. All the performances are evaluated by coursework. This may include staff observations, practical projects and production of portfolios. There is no formal examination for any of the units.
Learners will assess by their course work and assignments. Students will make sure to meet up the assessment criteria attached with each unit to the appropriate standard for the level of the unit.
Diploma certificate will be awarded following to the candidate's course work. This provided only after the checking and verification of qualified tutor and the confirmation of an external verifier. Candidate must pass all the seven units to get awarded and also a minimum of 40% marks in each unit.
Learners who successfully complete the program can enroll in Level 4 Accounting and Financing programs. In addition, the knowledge attained in the areas of the Accountancy will provide a wider employment opportunity. The learners can play the role of an External Auditor, Financial Advisor, Bookkeeper and Stockbroker.
The communication and learning will be conveyed through the approved centres of IBT Qualifications via Blended and Online. The student can select one of the IBT Qualification’s approved centres so that they will be able to attain benefits like tutor support and studying with other learners.
Leaners can also choose to study with one of IBT Qualifications’ Distance Learning providers who deliver courses through Blended Learning and Online, so that course can be finished at their own pace. This suits those who perhaps have family or work commitments. This may also be an option for you if you do not live near to one of our accredited centres.
There are IBT Qualifications Distance Learning providers who deliver courses through online and Blended learning, so that learners can complete their course at their own pace. The leaners also have the option to choose any of the IBT Qualifications Distance Learning providers to enroll. This will help those who are working and have family commitments and this type of learning facility will suit for those who are not living near to any of our accredited centres.
Learners who meet the requirements for the qualification will be awarded a pass. The qualification itself is not graded. For each unit learners will be marked out of 100 and will be graded as follows.
|A+||75% +||Higher Distinction|
|A||65% - 74%||Distinction|
|B||50% - 64%||Merit|
|C||40% - 49%||Pass|
|D||30% - 39%||Marginal Fail|
|D||15% - 29%||Fail (Grade, copy from IBT)|