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Accountancy Course at a Glance

  • Start date: Anytime
  • Location: Online
  • Study pace: Flexible, you have up to 5 years to complete this course
  • Qualifications: Level 3 Diploma (60 credits)
  • Assessment: Online written assignments
  • Includes: 1-2-1 tutor support, FREE laptop*, all course materials and more
  • Ofqual Link: Level 3 Diploma in Accountancy – 603/3811/8

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.

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Annual payment (£2,100)Monthly payment (from £85.41 per month)

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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 an OTHM 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.

Click Here to view a Sample Certificate

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

More information about the Level 3 units can be found here: OTHM_L3_FDip_Acc_spec_2020_03.pdf

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.

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.

Am I eligible for this programme?

To enrol in our Level 3 Accounting 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, you may also be able to enrol based on your work experience. To find out more, talk to one of our helpful team members at: 0333 772 1158

Cost & payments

Cost and payments

  1. Level 3: £2100

Enrol with a £50 deposit and then £85.41 a month for 24 months, interest free.

Students can make payment using one of the following methods:

  • Credit or debit card
  • Bank transfer
  • Interest-free monthly instalments
  • PayPal
  • Western Union

This course is eligible for ELCAS funding

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. Specialized 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.

University progression

On completion of this course, students will have the opportunity to apply for admission onto a full BA degree programme from a range of UK universities.

Alternatively, you have the option to complete a Level 4/5 Diploma at Online Business School.

Sample Certificates

OTHM Level 3 Foundation Diploma in Accountancy

Qualification Number: 603/3811/8

Why enrol with Online Business School?

Last year 745 students graduated from Online Business School
13 years of educating students online
Over 15,000 Students currently enrolled at OBS
Over 25 expert tutors available to help you succeed

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Choose the right course for you

Accounting

£2100

Package includes:

  • Foundation Diploma (Level 3) Full course materials and assignments

Our Accountancy tutors

Once you’ve enrolled in the Accountancy Course, you’ll gain access to our knowledgeable tutors who have years of experience. Our friendly team is always ready to provide advice and support, whether you have a few quick questions about a module topic or need detailed feedback on your assignments—we’re here to help!

Leading this course is Mike Donald, our Program Leader. Mike is a seasoned professional with over 15 years of hands-on experience in the Business and Finance industry.

Accountancy stories

Gilbert Kasembe

What I like the most about the course with online business school is that there is high accessibility to each and every student.Another reason as to why I chose to study online business school is because I was saving some costs especially transport cost as well as the cost of accommodation in studying at campus directly.

Ritesh Kumar

I would describe my experience at OBS being professional. When joining I had a few doubts because it was my first time properly working remotely. However, I was instantly welcomed by well-presented assignments/modules which covered content in an effective manner and without any hesitation I was offered extra support if necessary. Remote learning has never been so easy until joining OBS.

Frequently asked questions

01How do I apply for this Accountancy course?

It’s really simple to enrol on our Accountancy course, it only takes a few moments and you can either enrol online or over the phone, it’s entirely  up to you:

  1. Simply register online
  2. Call our friendly team directly at: 0333 772 1158
  3. Email us at: [email protected]
02Will I have to go to an interview?

No, we like to keep things simple here at Online Business School, so you won’t need to go to an interview to enrol on our Accountancy course. All you’ll need to do is complete a short application form to make sure you meet the criteria for the course, for example, you must have a full secondary education.

03How long is an online Accountancy course?

The duration of our diploma in Accountancy is completely flexible and entirely up to you – we allow 5 years to complete the course, which means you can work at a pace that suits you and your life. You can also study the modules in any order at any time so you have complete control of your learning.

04What does a diploma in Accountancy course include?

Our Accountancy course includes some great added extras to help you succeed, from 1-2-1 tutoring support and online learning resources to a FREE laptop and Student Membership card. 

  • All course material, including online modules and written assignments
  • Personal tutor support with 1-2-1 Zoom sessions
  • Dedicated student support
  • Access to an online social learning forum
  • Assignment marking and feedback
  • FREE laptop*
  • FREE TOTUM student discount card
  • FREE student membership to the Institute of Hospitality
  • FREE access to Our Hubs
  • *excluding ELCAS funded learners
05Do I need any previous experience or qualifications?

You don’t need any previous work experience to enrol on our Level 3 Accountancy course, however, to meet the criteria to enrol in our Level 3 Accountancy course, you must be at least 16 years old and have a full secondary education.

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