Level 3 Foundation Diploma in Accountancy
The Level 3 Foundation Diploma in Accountancy offered by OXQUAL develops essential competence in bookkeeping, financial accounting, taxation, payroll and business-finance administration. The programme prepares learners to maintain financial records, support business decision-m...
About this qualification
The Level 3 Foundation Diploma in Accountancy offered by OXQUAL develops essential competence in bookkeeping, financial accounting, taxation, payroll and business-finance administration.
The programme prepares learners to maintain financial records, support business decision-making and use computerised accounting systems in entry-level accounting environments.
Career-focused
Develop relevant skills and knowledge that can support your next professional step.
What you'll cover
Key topics covered in this OXQUAL programme include:
- Introduction to Accountancy
- Role of Accounting in Business
- Financial Systems
- Professional Ethics
- Bookkeeping
- Double-Entry Bookkeeping
- Ledgers
- Trial Balances
- Bank Reconciliations
- Financial Accounting Principles
- Income Statements
- Balance Sheets
- Financial Statement Preparation
- Cost Classification
- Management Accounting Fundamentals
- Break-Even Analysis
- Budgeting Fundamentals
- Business-Law Awareness
- Contract Awareness
- Accounting Compliance
- Taxation Fundamentals
- Income-Tax Awareness
- VAT and GST Awareness
- Corporate-Tax Awareness
- Payroll Systems
- Employee Compensation
- Statutory-Deduction Awareness
- Computerised Accounting
- Accounting Software
- ERP-System Awareness
- Digital Financial Records
- Business Communication for Accountants
- Financial Reporting
- Accountancy Capstone Project
Who it's designed for
This OXQUAL programme is suitable for:
- Aspiring Accountants
- Finance Assistants
- Business Students progressing from Level 2 qualifications
- Entrepreneurs and Small-Business Owners
- Administrative Personnel supporting financial operations
- Individuals preparing for advanced accountancy study
What you'll gain
Successful completion of this OXQUAL programme can help learners to:
- Develop foundational accounting and finance competence.
- Improve bookkeeping and reconciliation skills.
- Prepare basic financial statements.
- Understand budgeting and costing fundamentals.
- Develop taxation and payroll awareness.
- Use computerised accounting systems.
- Improve financial communication and reporting.
- Apply accounting knowledge through a practical project.
How this qualification is assessed
The assessment pattern for this OXQUAL programme is outlined below.
- Assessment Type: Written examination, case study and project.
- Format: Multiple-choice questions, short answers, applied case study and financial-records project.
- Total Questions: 60 theory questions plus 1 case study and 1 project.
- Passing Score: 70%.
- Duration: 2 hours written plus 3 weeks for project submission.
Have questions about this qualification?
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