KPA
Level 4
QN: 603/5883/X
Curriculum Active
KPA Level 4 Diploma in Accounting and Finance (RQF)
Official qualification regulated by Ofqual, awarded by KPA. Classified as a Vocationally-Related Qualification. Total guided learning hours: 164 hours.
Qualification Level
Level 4
Awarding Body
KPA
Syllabus Units
8 Units
Guided Hours
164 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Accounting Essentials
Verified
Key Learning Objectives:
- Understand the purposes of financial accounting and its basic concepts and theories.
- Know how to record accounting data, applying the basic principles of double-entry book-keeping, and prepare a trial balance and final accounts from these records.
- Understand how to complete Income Statements and Statements of Financial Position. Adjust the Final Accounts for Accruals, Depreciation and Bad Debts.4 Understand the use of financial ratios to examine and interpret a company’s financial performance5 Know how to complete a Bank Reconciliation.
2
Accounting Software Systems
Verified
Key Learning Objectives:
- Know how to set-up the accounting package to use for company accounting
- Understand how to record receipts and payments and manage the bank account(s).
- Know how to enter sales transactions and deal with debtors.
- Know how to enter purchases and deal with creditors.
- Know how to generate an assortment of statutory and administrative reports.
3
Business Management
Verified
Key Learning Objectives:
- Understand the Business Organisations and Stakeholders.
- Know the key management theories and practices.
- Know how to undertake a strategic review of a market.
- Understand the main business and management structures.
- Understand the main features of the Human Resources Function.
- Know the key features of the production, research and development, marketing and control functions within a business.
- Understand the main features of business information systems.
4
Corporate Finance
Verified
Key Learning Objectives:
- Understand how to use discounted cash flow techniques and business funding.
- Know how to evaluate the expected return of a project using Sensitivity Analysis and Opportunity Costs.
- Understand and Classify the Sources of Finance available to a Firm.
- Understand the main features of share capital.
- Know how to determine the cost of the major forms of capital.
- Understand the Efficient Market Hypothesis and how the theory may apply to capital markets.
- Know about further financing options available to a company.
- Understand the key features of the Foreign Exchange Markets.
5
Cost Accounting
Verified
Key Learning Objectives:
- Know who the main users of Financial Information and the reasons that they require that information.
- Understand how to classify the major types of costs that arise for business.
- Know how to value a company’s materials costs and inventory and allocate variable costs to a unit of product and service.
- Understand how to allocate indirect costs to the unit cost of a good or service.
- Know how to prepare an Operational Budget, a Capital Budget, and a Cash Budget.
6
Introduction to Finance
Verified
Key Learning Objectives:
- Understand corporate governance and how it relates to finance.
- Know how to identify and explain the typical sources of finance used by a company.
- Understand how to make capital investment decisions using cash flow.
- Know how to analyse the effectiveness of a company’s working capital management system.
7
Legal Environment for Business
Verified
Key Learning Objectives:
- Know the main categories of law applying to business including, the main sources of law, and the structure and jurisdiction of the Courts.
- Understand the principles of contract law.
- Understand the features of the law of tort and the different reliefs available.
- Understand the statutory protections afforded to employees.
- Understand the legal principles provided for the establishment, ownership and management of a company.
- Understand the statutory protections afforded to customers.
8
Management Accounting
Verified
Key Learning Objectives:
- Understand how to analyse business costs.
- Understand the nature and key approaches to costing., Costing for decision making.
- Understand how to manage a budget for a business.
- Understand how to implement and use budgets for management control in different organisational contexts.
Regulatory & Verification Details
- Qualification Number (QN)
- 603/5883/X
- Regulated Status
- Available to learners
- Awarding Body
- KPA
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Jun 2020
- Operational End
- Jun 2028