LCCI Level 3 Group Diploma In Accounting

  

About this Course

Introduction

The Pearson London Chamber of Commerce and Industry (LCCI) International Qualifications are recognized by universities, governments and professional bodies such as the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Marketing (CIM), giving you the opportunity to study further.

The qualifications are offered at different levels so you can start at the point that is most appropriate to your current knowledge and experience without feeling pressured. As work-related qualifications, they give you the knowledge and skills to actually do the job, which is why they are trusted and valued by employers world-wide. All qualifications bearing the LCCIIQ logo carry employer credibility.

Objectives

The aim of the course is to test the candidate’s understanding of Accounting Information deriving from all sources – manual, mechanical and electronic. This is also to test their ability to prepare Accounting statements and data in accordance with basic accounting conventions and current accounting practice. It allows candidates to appreciate and analyze and interpret accounting statements and data.

Course Modules

  • Accounting Level 3
  • Cost Accounting Level 3
  • Management Accounting Level 3
  • Business Statistics Level 3
  • Syllabus Topics
  • Levels 1 and 2 revisited
  • Valuation of stocks
  • Valuation of fixed assets
  • Partnerships
  • Companies
  • Accounting for groups of companies
  • Cash flow statements
  • Accounting ratios
  • Budgetary control
  • Introduction to decision making
  • Concepts and accounting framework

Brief Description of Modules

1. Accounting Level 3

This module is the understanding of the basic principles underlying the recording of business transactions and the ability to prepare and interpret accounts for sole traders, partnerships, non-trading organizations, limited companies and groups of companies in accordance with basic accounting conventions and current accounting practice.

2. Management Accounting Level 3

This module  helps candidates to analyze information for short-term and long-term decision-making, using management accounting information for planning and control of cash and other resources within a business organizations. This also allows candidates to understand the business performance measures.

3. Cost Accounting Level 3

This module is an understanding of an advanced aspect of the processing of cost accounting information, including stock control and how cost accounting information can be sued for the purposes if short-term planning, control, and decision making within t he business organizations. This tests the candidates’ ability to apply this understanding in a variety of business settings.

4. Business Statistics Level 3

It is knowledge and understanding of more advanced statistical techniques and tests the candidates’ ability this knowledge and understanding in solving business problems.

Entry Requirements

  • Completed the LCCI Level 2 Book-keeping & Accounts; Or
  • Completed POA at GCE ‘O’ Level or equivalent; Or
  • NITEC/Higher NITEC
  • Language Proficiency: Pass in English at Secondary 2 Level or equivalent
  • Minimum Age: 16 years

Course Duration

Part-Time:

10 months or 220 hours (55 hours per module)

Classes conducted on every Monday & Thursday from 7.00 pm – 9.30 pm, unless otherwise stated

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