Classroom or Online
60 lecture hours
EU & Non-EU Nationals1,500 EuroWhole course will cost you 450 Euro after Tax Credit - Save 1,050 Euro
Accountancy & Finance
Award in Financial Accounting
This course allows learners to become familiar with the fundamentals of the framework related to accounts.
Accredited awardMQF / EQF Level 512 ECTSAccountancy & Finance
LevelMQF / EQF Level 5
Credits12 ECTS
Duration60 lecture hours
Study modeClassroom or online
Awarded byeie European Business School
Overview
This course allows learners to become familiar with the fundamentals of the framework related to accounts. This module allows learners to be introduced to the basics of accounts and moves to the preparation of various accounts and financial statements. Learners shall also be exposed to ways of interpreting financial statements and their role in planning and decision making.
Also a module inside these programmes
Undergraduate Higher Diploma in Accountancy and FinanceBachelor of Arts in Accountancy and Finance
Learning outcomes
- Carry out effective preparation of trial balance, financial statements, simple consolidation financial statements
- Be responsible for the effective interpretation of financial statements
- Record transactions and events making use of accruals and prepayments, depreciation, intangible non-current assets, inventory, cash, sales and purchases and tangible non-current assets
- Critically analyse the purpose of financial reporting within organisations, as well as the main elements of financial reports
- Discuss the qualitative characteristics which are found in financial information
- Analyase the potential use of double-entry and accounting systems
- Critically reflect on the importance of recording transactions and events in financial accounting
- Define terms such as ‘sales and purchases, cash, inventory, tangible non-current assets, deprecation, intangible non-current assets, accruals and prepayments, receivables and payables, provisions and contingencies and capital structure and finance costs ’
- Critically reflect on the use of trial balance
- Reflect on the preparation of basic financial statements
- Analyse the tools used to prepare simple consolidated financial statements
- Critically analyse ways to interpret financial statements
- Reflect on the laws and regulations that govern finance and accounting
- Use double entry book-keeping and accounting systems as well as ledger accounts, journals and books of prime entry
- Practice effective recording of transactions and events making use of inventories, depreciation, cash, sales and purchases, tangible non-current assets, intangible non-currents assets and amortisation and accruals and prepayments
- Use acquired skills to prepare a trial balance
- Demonstrate knowledge and skills to prepare basic financial statements including profits and loss, events after reporting period, incomplete records, statements of cash flows, disclosure notes and statements of financial position
- Prepare simple consolidated financial statements including subsidiaries and associates
- Interpret financial statements making use of rations How this course will be taught This course shall be taught with a student-centred approach whereby learners are encouraged to take active participation in their own learning. Learners shall be presented with PowerPoint presentations, case-study examples, and other interactive learning materials. Students will be asked to discuss and exchange communication amongst each other (classroom or online, as per learning mode chosen). How this course will be assessed This course shall be assessed with an assignment (75%) whereby learners are expected to present an original piece of work including properly referenced literature and practical examples. The assignment has a word count limit of 1,500 words. Learners are also expected to undergo a classroom assessment including discussions, multiple-choice assessments and/or observation (25%). Moreover, learners are expected to obtain a minimum of 50% of the total mark to successfully pass from the course
Fees & duration
Fees as published by eie European Business School. Your fee is confirmed only on the invoice issued by eie with your conditional offer. Get Qualified tax-credit figures apply only if you are eligible under Malta Enterprise rules.
Get Qualified — up to 70% back
eie's accredited programmes are eligible under Malta Enterprise's Get Qualified scheme. Eligible self-funded students can recover up to 70% of registration and tuition fees as a tax credit after successfully completing the course.
Recognition
Accredited by MFHEA
This qualification is awarded by eie European Business School (formerly eie Institute of Education) and is accredited by the Malta Further and Higher Education Authority (MFHEA). MFHEA deems this Award to be at MQF Level 5 (12 ECTS) of the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
Flexible start
Online awards can start any day. Lecture-based awards use a fixed start date.
How to apply
01
Enquire
Tell Aspire Barcelona what you have studied. We confirm the level Aspire can consider.
02
Offer & invoice
eie aims to send a conditional offer letter and an invoice within 48 hours of your application.
03
Acceptance
Meet the conditions, sign the student agreement and pay — eie then issues a letter of acceptance and a receipt.
Got an offer through an agent? Check it first.
Send a copy of any offer letter, letter of acceptance, invoice or receipt to [email protected]. eie will confirm whether it is genuine and is not responsible for documents or payments that did not come from eie.
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