Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4 Certification

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Overview This Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4 is the perfect course that might …

Overview

This Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4 is the perfect course that might get you upto speed with financial reporting and taxation in no time. This comprehensive course has been designed to accommodate all the necessary areas of financial reporting and taxation to bring you out as a highly talented and skilled professional. This esteemed qualification will open up various employment and progression opportunities for you within the financial reporting and taxation industry, provided you have a qualification at level 3 or above in a related disciple.

You will get to learn about the financial and accounting regulations and the lasb accounting framework to carry out reporting and taxation activities in relation to it. This course also includes modules that will help you produce effective and accurate trial balances and financial statements that will inform the top management of the business performance.

It is vital for organisations to adhere to the accounting standards that define the basis of financial accounting policies and procedures. Therefore, this diploma has included a few modules that will thoroughly cover the aspects of accounting policies, after which you will get to understand about tax, international tax, tax in financial statements and the ethics in financial reporting. By the end of this course, you will have a good grip on financial reporting and taxation to impress your employers. 

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 4 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current qualifications. Quality Licence Scheme endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

*Study365 is an approved reselling partner for Quality Licence Scheme courses under Global Edulink

  • What will I Learn?
  • Who is It For?
  • Entry Requirements
  • Method of Assessment
  • Certification
  • Endorsed by
  • Career Path
  • Other Benefits
  • Understand the regulation of financial and accounting reporting
  • Explore the lasb accounting framework
  • Discover how to produce accurate trial balance and other financial statements
  • Familiarize with the accounting standards that define the basic of financial accounting policies and procedures
  • Learn about tax, international tax and tax in the financial statements
  • Discover the ethics in financial reporting

This course might suit anyone aspiring to get into or progress within the finance or accounting industry

  • Learners must be age 19 or over and should have a basic understanding of the English Language, numeracy, literacy, and ICT.
  • A qualification at level 3 or above in any discipline. 

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

Those who successfully complete the course will be issued the Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4 by the Quality Licence Scheme.

Course Code: QLS-05018

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

With this certificate in your resume, you are sure to improve your candidature for a number of jobs in the finance or accounting industry. This certificate will also open up various career advancement and higher education opportunities. Below given are some of the jobs this certificate will benefit you in, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner,

  • Accountant – £28,565 per annum
  • Tax Accountant – £29,001 per annum
  • Accounts Assistant – £18,883 per annum
  • Accounts Executive – £22,243 per annum
  • Staff Accountant – £24,115 per annum
  • Accounting Assistant – £20,352 per annum
  • Accounting Clerk – £17,609 per annum
  • Accounts Payable Clerk – £19,801 per annum
  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for a TOTUM discount card

Course Curriculum

1: Understanding the Accounting And Financial Reporting Regulations
Understanding the Accounting And Financial Reporting Regulations
2: Understanding the IASB Framework
Understanding the IASB Framework
3: What is Financial Statement
What is Financial Statement
4: Introduction to the IAS 2 Inventories And None Current Assets
Introduction to the IAS 2 Inventories And None Current Assets
5: IAS 38 Intangible Assets
IAS 38 Intangible Assets
6: Creating Producing Financial Statements
Creating Producing Financial Statements
☑ Assignment
Assignment Brief I – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4
☑ Submit Your Assignment
(A) Assignment Submission I – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4
7: The Cash Flows Statement
The Cash Flows Statement
8: Introduction to Group Accounts
Introduction to Group Accounts
9: Basic Principals of the Statement Of Financial Position
Basic Principals of the Statement Of Financial Position
10: What is Income Statement
What is Income Statement
11: Definition of Associate
Definition of Associate
12: Understanding the Accounting Standards
Understanding the Accounting Standards
☑ Assignment
Assignment Brief II – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4
☑ Submit Your Assignment
(A) Assignment Submission II – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4
13: IAS19 Employee Benefits
IAS19 Employee Benefits
14: Introduction to Tax
Introduction to Tax
15: Identify the Tax Types
Identify the Tax Types
16: Introduction to the International and Financial statement Taxation
Introduction to the International and Financial statement Taxation
17: Who is an External Auditor
Who is an External Auditor
18: Understanding the Corporate Governance
Understanding the Corporate Governance
☑ Assignment
Assignment Brief III – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4
☑ Submit Your Assignment
(A) Assignment Submission III – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4
19: Introduction to Ethics and Financial Reporting
Introduction to Ethics and Financial Reporting
20: Working Capital Management
Working Capital Management
21: How to Manage Receivables and Payables
How to Manage Receivables and Payables
22: Efficient Manage of Inventories and Cash
Efficient Manage of Inventories and Cash
23: Introduction to the Short Term Finance and Investment
Introduction to the Short Term Finance and Investment
☑ Assignment
Assignment Brief IV – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4
☑ Submit Your Assignment
(A) Assignment Submission IV – Diploma in Basic Financial Reporting and Tax Revenue at QLS Level 4

Students feedback

4.7

Average rating (3)
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    B B

    Beatrix Booth

    May 20, 2019
    Highly Recommended

    I highly recommend this course to everyone who really wants to study Accounting

    C R

    Connor Read

    May 08, 2019
    Great Learning Experience

    I have experienced a lot of improvements after taking this course. Great learning experience provided

    A W

    Aliyah Wilson

    May 05, 2019
    Very satisfied

    I was initially doubtful about taking this course, but after taking the course bundle I realized it is worth all the trouble

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