Foundation Year - Qualifi Level 3 Diploma in Accounting and Finance
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The aim of the QUALIFI Level 3 Diploma in Accounting and Finance is to provide learners with the foundation required for a career in financial management and accountancy within a range of organisations and/or to progress to further study in this subject area.
Successful completion of the QUALIFI Level 3 Diploma in Accounting and Finance provides learners with the opportunity to progress to further study or employment.
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1Unit AF301: Financial Transactions Record-keepingPreview TQT 200- GLH 150- Credit 20
The aim of this unit for learners to be able to understand how to record financial transactions accurately and completely. The unit also covers how income and expenditure is classified and managed.
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2Unit AF302: Cost and Management InformationPreview TQT 200- GLH 150- Credit 20
The aim of this unit is to help learners understand cost and management accounting including the purpose of management information. The unit also includes the use of ICT to record management information.
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3Unit AF303: Financial Records MaintenancePreview TQT 200- GLH 150- Credit 20
The aim of this unit is to help learners understand the reasons for keeping financial records, to be able to use the double-entry system of bookkeeping and to prepare a three-column cash book and a bank reconciliation statement.
Centres should check the qualification structures and unit combinations carefully when advising learners. Centres will need to ensure that learners have access to a full range of information, advice and guidance in order to support them in making the necessary qualification and unit choices. When learners are recruited, centres need to give them accurate information on the title and focus of the qualification for which they are studying.
QUALIFI Level 4 Diploma in related area.
Employment in an associated profession.
Learners must demonstrate they have met all assessment criteria for all units to achieve this qualification. QUALIFI will issue certificates to all successful learners via their registered centres.
The qualification has been designed to be accessible without artificial barriers that restrict access, for this qualification applicants must be aged 16 or over.
This qualification grading is: Pass/Fail.
All units will be internally assessed through written assignment, internally marked by the QUALIFI approved centre and subject to external quality assurance by QUALIFI.