Level 3 Accountancy (60 credits) at a Glance

Start date: Anytime
Location: Online
Study pace: Flexible,
Qualifications: Level 3 Diploma (60 credits)
Assessment: Online written assignments
Includes: 1-2-1 tutor support, all course materials and more
Ofqual Link: Level 3 Diploma in Accountancy

This course is equivalent to 24 UCAS Tariff Points.

This Level 3 university foundation programme is a 60-credit qualification (equivalent to one A level). The objective of the course is to provide learners with a foundation for a career in a range of organisations in relation to financial management and accountancy.

It is designed to ensure that each learner is equipped with knowledge of accountancy, and the skills to adapt rapidly to change and progress with their learning.

The Level 3 diploma in Accountancy is made up of 3 modules and 3 written assignments; each module consists of approximately 40 guided learning hours. While completing the diploma, students can access various study resources, such as tutor support and webinars, a social learning forum, and additional materials to complete their graduate business course.

Upon completion of this course, students receive a Level 3 accountancy qualification which is fully regulated by Ofqual. Students will then have the opportunity to apply for admission onto a full undergraduate degree programme from a range of UK universities.

Alternatively, students can opt to study our Level 4/5 diploma in Accounting and Finance and then complete an undergraduate top-up at a range of UK universities.

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How it works

Students on our Accounting course can complete a Level 3 (60 credits) OTHM diploma, designed to provide students with the skills needed to succeed in the finance industry.

The course is completed online and you can start at any time, it’s completely flexible. Each module consists of 40 hours of guided online learning, with an additional 30-50 hours worth of optional materials that include recommended exercises, readings, digital resources and self-test tasks.

To complete the course you’ll submit 3 online assignments at each level, and assignments are approximately 2,000-3,000 words each. Once you’ve passed your course, you’ll be awarded with a diploma and you’ll be able to top up your qualification to a bachelor’s degree at a range of UK universities.

During the Accounting course you’ll have access to 1-2-1 tutor support and webinars, social learning forums and additional materials to complete your diploma with ease. You can find out more about the support you’ll have available on our Student Resources page. You can also read about the academic credentials we meet and associations we’re part of to make sure you have the best learning experience.

Course Modules

The Level 3 foundation diploma in accountancy has 3 modules:

Recording financial transactions

This module aims to give learners a basic understanding of how to record financial transactions. The unit covers what is needed to record financial transactions accurately and completely, for example, source documents. Finally, the module explores how income and expenditure are classified and managed.

Management information

This module aims to develop learners’ awareness of aspects of cost and management accounting, including the purpose of management information. The unit introduces the use of ICT in the recording of management information, including its advantages and disadvantages.

Maintaining financial records
This module aims to provide learners with an understanding of why financial records need to be kept. The learner will develop the ability to use the double-entry system of bookkeeping and to prepare a three-column cash book and a bank reconciliation statement.

This foundation diploma in Accountancy has 3 written assignments. The assignments are approximately 2,000-3,000 words each. Students are provided support on the modules and assignments via the ‘Tutor’ section of the learning platform.

The assignment unit titles that students need to complete for the Level 3 course are:
1. Recording financial transactions
2. Management information
3. Maintaining financial records

During this Accountancy course, you’ll have access to 1-2-1 tutor support and webinars, social learning forums and additional materials to complete your diploma with ease. You can find out more about the support you’ll have available on our Student Resources page.

Am I eligible for this programme?

To enrol in our Level 3 Business Management course, you must be at least 16 years old and have a full secondary education.

If you don’t have a full secondary education or the equivalent.

The Applicant (Student or Guardian fills out the applicatiion form on our website

After submission the applicant receives an email confirming receipt.

We will then assess your english level with a an English test. Which you will have to pass to the required level.

Career Progression

Studying accounting opens a wide range of career opportunities across various industries. Here are some of the primary career paths you can pursue with an accounting degree:

1. Public Accounting:
• Auditor: Conduct financial audits to ensure accuracy and compliance with regulations.
• Tax Advisor: Prepare and file tax returns and provide tax planning and advice to individuals and businesses.
2. Corporate Accounting:
• Financial Accountant: Prepare financial statements, manage ledgers, and ensure compliance with accounting standards.
• Management Accountant: Focus on internal financial analysis, budgeting, and cost management to aid business decision-making.
3. Government and Nonprofit Accounting:
• Government Accountant: Manage public funds, audit government agencies, and ensure financial compliance with regulations.
• Nonprofit Accountant: Handle financial reporting, budgeting, and grant management for nonprofit organisations.
4. Specialised Accounting Roles:
• Forensic Accountant: Investigate financial fraud and disputes, often working with law enforcement agencies.
• Environmental Accountant: Analyse the financial impact of environmental regulations and sustainability initiatives.
5. Financial Services:
• Financial Analyst: Analyse financial data, develop investment strategies, and provide recommendations to businesses and investors.
• Credit Analyst: Assess the creditworthiness of individuals and businesses to facilitate lending decisions.
• Budget Analyst: Develop and manage budgets, forecast financial needs, and analyse spending patterns.
• Overall, accounting is a versatile and in-demand field with opportunities in virtually every sector of the economy.

Unlock Your Academic Potential with BCM Academy

At BCM Academy, we are dedicated to ensuring our students excel in their academic journey. Through our interactive online classes and personalised mentorship from industry experts, we create a supportive learning environment where students can thrive.

All our courses are led by UK-based tutors, with student work assessed by qualified UK assessors. To maintain the highest standards, all assessments are further quality-checked by the awarding body. Progression is fully supported by our experienced BCM Mentors, who guide students every step of the way.