Gaining an ACCA qualification will prove to employers that you have ability in all aspects of business, it will not only provide you with specialist knowledge in finance and accounting but valuable skills in organisation management and strategy.
Who is it for: Those already with some accounting experience who want to progress towards ACCA Qualification and full Chartered Accountant status, or school leavers with GCSEs and A Levels looking to begin a career in Accounting.
Accredited By: ACCA
Duration: 12 Months
Start date: You can start any time
Mode of Study: Online and home study distance learning
Study Hours: 434 Hours
ACCA Knowledge Module
Accountant in Business
If you are experienced in finance or already work in an accountancy practice then our ACCA Knowledge qualifications will give you a comprehensive understanding of accounting and the business environment.
F1 will cover the business environment and the influence this has on how organisations and accountants operate, and of the role of the accountant and other key business functions and the basic principles of effective management
F2 will develop knowledge and understanding of how to prepare and process basic cost and quantitative information to support management in planning and decision-making in a variety of business contexts
F3 will provide insights into the underlying principles, concepts and regulations relating to financial accounting and technical proficiency in the use of double-entry accounting techniques
Homeilearn’s online and live learning programme allows you to study from the comfort of your own home with dedicated tutor support to get you through the qualification.
Career Path:After completing ACCA Knowledge module & qualification your typical salary range could be between £20,000 to £30,000 for roles as an Accounting Assistant or Accounts Officer.
After completion: After achieving ACCA Knowledge module – F1-Accounting in Business, F2-Management Accounting and F3-Financial Accounting, you’ll have the option to progress onto the Skills module for P4, P5, P6 and P7.
You will need to have a minimum of three GCSEs and two A Levels in five separate subjects including Maths and English.
Access to ACCA via FIA or AAT qualification:
No other academic qualifications required. Gain exemptions from ACCA papers F1 – F3.
If you don’t have the minimum qualifications you can start by registering for Foundations in Accountancy (FIA) and study for one or all of the entry-level qualifications. There are three qualifications, and you can start at any level.
Degree holders from ACCA-accredited institutions may be exempt from up to 9 exams. Other relevant degrees may also qualify you for exemptions.
F1 Accountant in Business
Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment.
Understand business organisation structure,functions and the role of corporate governance
Recognise the function of accountancy and audit in communicating, reporting and assuring financial information and in effective financial control and compliance
Recognise the principles of authority and leadership and how teams and individuals are recruited, managed, motivated and developed.
Understand the importance of personal effectiveness as the basis for effective team and organisational behaviour.
Recognise that all aspects of business and finance should be conducted in a manner which complies with and is in the spirit of accepted professional ethics and professional values
F2 – Management Accounting
Understand the nature, source and purpose of management information
Understand and be able to apply cost accounting techniques
Prepare budgets for planning and control
Compare actual costs with standard costs and analyse any variances
Understand and be able to apply performance measurements and monitor business performance.
F3 – Financial Accounting
Understand the context and purpose of financial reporting
Define the qualitative characteristics of financial information
Demonstrate the use of double-entry and accounting systems
Record transactions and events
Be able to prepare a trial balance (including identifying and correcting error
Be able to prepare basic financial statements for incorporated and unincorporated entities.
Be able to prepare simple consolidated financial statements
Interpretation of financial statements
All Inclusive – we offer all our students
Course materials written by industry experts
ebooks and assignments
ACCA awarding body membership
24/7 Online access to virtual learning environment
12 months 1-2-1 dedicated tutor support
Mock exams and test papers
Blended Learning approach with a named personal tutor
Exam support and booking service
Exam fees for 3 knowledge module computer based exams and one Foundations exam – F1, F2, F3 & PIF
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Whatever your level or aims, here at Home iLearn we have the right level of training for you.
Gain an industry recognised qualification
Earn a professional accredited qualification at Home iLearn and advance your career prospects, with one of the leading distance learning providers – we can help you to succeed.
Why Choose Home iLearn?
Courses lead to a professional qualification
Dedicated support from our specialist tutors
Interact with students and tutors via our online learning environment
The flexibility to learn from home in your own time at your own pace
The freedom to earn while you learn
No set term time or classes to attend, so you can enrol straight away