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OTHM Level 3 Foundation Diploma in Accountancy

What you'll learn

The OTHM Level 3 Foundation Diploma in Accountancy gives learners a thorough understanding of fundamental accounting processes and concepts. This diploma prepares learners for entry-level positions in the industry or higher education by providing a strong foundation in financial accounting, management accounting, and other important areas of accountancy. Learners will master these skills to generate financial statements, manage budgets, and analyse financial data for company choices. 

 

Key Benefits

  • Learners get a basic understanding of how to record financial transactions.
  • Learners learn what is needed to record financial transactions accurately and completely.
  • Exploring how income and expenditure are classified and managed.
  • Accounting approaches utilised for items of capital and revenue expenditure and income.
  • Preparing principal source documents and Books of Prime (Original) Entry for business transactions.

About Awarding Body

OTHM is an established and recognised Awarding Organisation (Certification Body) launched in 2003. OTHM has already made a mark in the UK and global online education scenario by creating and maintaining a user-friendly and skill based learning environment. OTHM has both local and international recognition which aids OTHM graduates to enhance their employability skills as well as allowing them to join degree and/or Master top-up programmes.

OTHM qualifications has assembled a reputation for maintaining significant skills in a wide range of job roles and industries which comprises Business Studies, Leadership, Tourism and Hospitality Management, Health and Social Care, Information Technology, Accounting and Finance, Logistics and Supply Chain Management.


What is Included?

  • 24/7 to our compressive learning management platform, where you will be able to access vital learning resources and communicate with the support desk team.
  • Quality learning materials such as structured lecture notes, study guides, and practical applications, which include real-world examples and case studies, will enable you to apply your knowledge.
  • A dedicated tutor for individual students to help and provide suggestions throughout the course.
  • Provide formative assessment with formative feedback will be supporting the learner to improve the achievements.
  • Independent accessibility of Online learning portal, ASML delivers the course straight to the student’s smartphone, tablet, laptop or desktop through which will enable them to study at their convenience.

Assessment

  • Time-constrained scenario-based assignments
  • No examinations

Entry Requirements

The qualification has been designed to be accessible without artificial barriers that restrict access. In order to enrol for this programme, applicants must be aged 18 years or over. There are few other criteria as well, please see below:

  • A level 2 qualification
  • Learners holding Level 3 Diploma in any other discipline and has some work experience and wishes to focus on Accountancy
  • In the case of applicants whose first language is not English, then IELTS 6 (or equivalent) is required.

Progression

After completing the OTHM Level 3 Foundation Diploma in Accountancy, learners can choose from the following pathways:

  • Enroll in the OTHM Level 4 Diploma in Accountancy.
  • Enter the workforce directly within a related professional field

Why gain Qualification

  • Industry-focused programmes which meet global standards.
  • Programs reviewed by highly qualified experts in the relevant sector.
  • Career enhancement through advanced knowledge and skills that meet 21st-century employer needs.
  • Availability of globally approved centres for enrolling in the desired program.
  • Availability of flexible study options.
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Course Content

Reference No : R/617/3339

This unit aims to provide learners with a foundational grasp of the process of documenting financial transactions. This unit encompasses the essentials for accurately and comprehensively recording financial transactions, including using source documents. Lastly, it delves into the categorisation and handling of income and expenditures.

Credit : 20 || TQT : 200

Reference No : L/617/3338

This unit aims to enhance learners understanding of cost and management accounting, as well as the significance of management information. This unit also introduces the application of Information and Communication Technology (ICT) in the management information recording process and examines its benefits and drawbacks.

Credit : 20 || TQT : 200

Reference No : J/617/3337

This unit aims to impart to learners the rationale behind the necessity for maintaining financial records. It also focuses on equipping learners with the skills to employ the double-entry bookkeeping system and to create both a three-column cash book and a bank reconciliation statement.

Credit : 20 || TQT : 200

Delivery Methods

Ascent School of Management offers a wide variety of courses and you are given a choice to select any one as per your need and requirement. You would be given the benefit to choose the time and place of study and the study materials are accessible 24/7 via our Learning Management System. They can be accessed from any part of the world at any time. You will be guided by a personal Tutor and supported by our back-office support team who will give your assistance and advice about your course and assignments.

At ASML, our online courses are flexible and designed to fit full-time working professionals. So you don’t miss out on valuable income, experience and career progress while you study. Our online study mode lets you set your study hours, and you have access 24/7 to our compressive learning materials. While you may have some activities at fixed times, such as assessments, you can access and work through your course at your convenience. You will also get adequate guidance and support from tutors via our support desk portal.

When you study online with us, you can expect top-class support from our dedicated support desk team, which means you’re never alone in your studies. You will get guidance, support and assessment feedback from your tutors through our support desk portal. The blended learning at ASML is designed to meet the needs of learners who want to widen their knowledge online with dedicated one-to-one online live sessions with tutors at their convenience. ASML is keen to offer an immersive learning experience to our learners with an innovative blended learning approach, which replaces traditional classroom-based learning with block delivery of online live teaching sessions. With our blended learning, you will get everything that comes with our online learning and plus live classes with assigned tutors.

About Awarding Body

OTHM is an established and recognised Awarding Organisation (Certification Body) launched in 2003. OTHM has already made a mark in the UK and global online education scenario by creating and maintaining a user-friendly and skill based learning environment. OTHM has both local and international recognition which aids OTHM graduates to enhance their employability skills as well as allowing them to join degree and/or Master top-up programmes.

OTHM qualifications has assembled a reputation for maintaining significant skills in a wide range of job roles and industries which comprises Business Studies, Leadership, Tourism and Hospitality Management, Health and Social Care, Information Technology, Accounting and Finance, Logistics and Supply Chain Management.

Resources and Support

At Ascent School of Management London, we are dedicated to providing exceptional support to our learners every step of the way. Our centralized tutor support desk portal ensures that our support team can provide guidance, assessment feedback, and any other study support promptly and efficiently. Our support team is committed to assisting learners as quickly as possible. Whenever a learner submits a support request via the support desk portal, our team assigns it to an appropriate tutor. Once the allocated tutor responds to the request, the support team makes it available to the learner in the portal.

We understand that efficient support is essential for the success of our learners. That's why we have a support desk system in place to streamline all support processes efficiently. Our learners can rely on us to provide effective assistance whenever they need it. Furthermore, our learning materials are created by industry experts, giving our learners a competitive edge. These materials are available in three formats, including PDF, PowerPoint, or Interactive Text Content on the learning portal. We are confident that our high-quality materials will help our learners achieve their goals.

Study Options

10 Monthly Payments - £74.22

Initial Deposit - £185.54

Total Discount Applied - 40%

10 Monthly Payments - £108.78

Initial Deposit - £271.94

Total Discount Applied - 40%

  • Duration 12 Months
  • Credits 120
  • Accreditation Ofqual.Gov.UK
  • Intake Every Month
  • Study Mode Online / Blended
  • Course Materials: Well Structured
  • All Inclusive Cost Yes
  • Tutor Desk Yes
  • Support Desk Yes
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