About this Course

Introduction

The London Chamber of Commerce and Industry LCCI International Qualifications are awarded by Pearson Education Ltd. An accredited Awarding Body providing vocational and professional qualification around the world. Pearson is accredited by the UK qualifications regulator, the Office of Qualifications and Examinations Regulation (Ofqual), and many regulatory bodies and Ministries of Education around the world recognise LCCI International Qualifications. Employers, universities and other professional bodies internationally recognise the LCCI international qualifications. LCCIs range of courses is designed to deliver the skills essential for success in todays demanding commercial environment. The Pearson-LCCI winning formula lies in its flexible programme with examination at various levels thus enabling candidates to enter at the most appropriate level for their existing skills. Pearson-LCCI also offer Diplomas and Group Awards to allow candidates to add to their marketable skills and receive professional status.

Entry Requirements

• 1 GCE N Level OR
  
• 1 GCE O Level OR
  
• NITEC/Higher NITEC OR
  
• Minimum High school level of English equivalent to the LCCI Level 2 English for Business or JETSET 4 - (Council of Europe B1/Threshold)
  

Additional Entry Pre-requisite

• Possess Basic Book-Keeping and Accounting knowledge and skills equivalent to the LCCI Level 2 Book Keeping and Accounts qualification OR
  
• Mature working adults with practical working experiences in a financial/accounting industry assessed on case-by-case basis
  

Course Learning Outcomes

The Level 3 Award in Computerised Accounting Skills [ASE20055] develops candidates ability to manage a computerised accounting system in order to provide management information. Candidates will learn how to process non-routine accounting transactions and print and analyse reports such as the Profit and Loss and Balance Sheet.

The aims of the qualification is to develop candidates competence in using computerised accounting software to produce accurate, professional and well presented accounting information employing an appropriate range of accounting procedures. It particularly aims to develop skills in: setting up initial business data in a computerised accounting system; processing and completing advanced business transactions; producing and analysing end period reports ; and producing and reviewing a range of routine and non-routine accounting reports for management purposes.

This qualification is suitable for people who work or intend to work in an advanced accounting role which requires the computerized processing and completion of advanced accounting transactions and the preparation of end period reports. Accredited in the UK as the EDI Level 3 Award in Computerised Accounting Skills (QCF) - 501/1266/1, it has a credit value of 10. It is taught and assessed using compatible computerised accounting software (e.g. MYOB). Also, this unit-sized qualification can be taken as a standalone qualification or as part of the Level 3 Specialised Diploma in Managerial Accounting, Level 3 Specialised Diploma in Accounting and Finance, Level 3 Specialised Diploma in Cost Accounting, Level 3 Specialised Diploma in Business Management and Accounting, Level 3 Diploma in Computerised Accounting or the Level 3 Diploma in Business Studies.

Syllabus topics include:

• Setting up initial data
  
• Entering transactions
  
• Processing credit card transactions
  
• Recording transactions relating to acquisition and disposal of fixed assets
  
• Making end of period adjustments
  
• Amending Chart of Accounts and producing and analysing end period reports
  
• Producing and reviewing routine and non-routine reports
  

ASSESSMENT OBJECTIVES:

• Use computerized accounting software to enter initial data for a sole trader and record transactions relating to the owner
  
• Use computerized accounting software to enter outstanding customer and supplier invoices, credit notes and payments on account
  
• Use computerized accounting software to enter and reconcile an opening Trial Balance
  
• Use computerized accounting software to enter and reconcile an opening Trial Balance
  
• Use computerized accounting software to record transactions for the acquisition, disposal and depreciation of fixed assets
  
• Use computerized accounting software to make end period adjustments for stock, income, expenses and VAT*
  
• Use computerized accounting software to edit the Chart of Accounts and produce end reports including Profit and Loss, Balance Sheet, VAT* Return and Budget vs Actuals
  
• Use computerized accounting software to produce and review a range of routine and non-routine reports
  
• Teaching / Learning Methods and Strategies
• Hands-on Practical lessons / Trial of Past Year Examination Papers / Assignments / Classroom Face-To-Face Theoretical Explanations
  

Criteria of Award

Candidates must fulfill at least 75% course attendance requirements by AEB to sit for examinations. To obtain the certificate, students need to obtain at least a Pass grade in their examinations.

Final Award

London Chamber of Commerce and Industry (LCCI) Level 3 Award in Computerised Accounting Skills Certificate.

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