OTHM
    Level 3
    QN: 603/3811/8
    Curriculum Active

    OTHM Level 3 Foundation Diploma in Accountancy

    Official qualification regulated by Ofqual, awarded by OTHM. Classified as a Vocationally-Related Qualification. Total guided learning hours: 300 hours.

    Qualification Level
    Level 3
    Awarding Body
    OTHM
    Syllabus Units
    3 Units
    Guided Hours
    300 hrs
    Instant access to interactive lessons, quizzes, and spaced revision.

    Course Syllabus & Study Modules

    Complete breakdown of verified curriculum topics and learning objectives.

    1

    Maintaining Financial Records

    Verified
    Key Learning Objectives:
    • Understand the role and application of accounting concepts.2.
    • Be able to use the double-entry system of bookkeeping.3.
    • Be able to prepare a three-column cash book.4.
    • Be able to prepare a bank reconciliation statement.
    2

    Management Information

    Verified
    Key Learning Objectives:
    • Understand the nature of cost and management accounting.2.
    • Be able to account for labour costs.3.
    • Understand the use of Information and Communication Technology (ICT) in the recording of management information.
    3

    Recording Financial Transactions

    Verified
    Key Learning Objectives:
    • Understand the need to record financial transactions.2.
    • Be able to prepare source documents and Books of Prime (Original) Entry to record financial transactions.3.
    • Understand the classification and management of income and expenditure.

    Regulatory & Verification Details

    Qualification Number (QN)
    603/3811/8
    Regulated Status
    Available to learners
    Awarding Body
    OTHM
    Qualification Type
    Vocationally-Related Qualification
    Operational Start
    Nov 2018
    Operational End
    Nov 2028