Diploma in Financial Reporting and Analysis - Level 5

Overview

Financial reporting is the process of reporting the financial information and results of an organisation to its management, stakeholders and related parties. Financial reporting is an important concept that determines the financial position and progress of an organisation and plays a crucial role in helping the management make effective financial decisions. This department is one of the most prominent departments of an organisation and the individuals aspiring to get into this have to reflect standard expertise, knowledge and skills, all of which can be easily acquired through this Diploma in Financial Reporting and Analysis – Level 5.

This course systematically builds on your financial reporting knowledge by educating you on the more advanced topics such as long term finance, equity finance, associate, liabilities and assets. The financing cost of a business such as the cost, interests and other charges involved in burrowing a loan or building assets will also be taught through this course to help you work towards minimizing it.

Certain financial executives are given the responsibility of governing the accounts of a group of companies and the procedures involved in this will be next given the spotlight. The role of statement of financial position, segment reporting tool, income statement and cash flow statement will also be discussed abundantly throughout this course program

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that 1Training 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 regulated 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 5 against level descriptors published by Ofqual, 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 1Training to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards 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.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

Why Consider 1Training?

As improvements and advancements are made in technology, online courses are no longer just conventional means of studying at affordable costs. In many aspects online training offers superiority to traditional learning. There is an effectiveness and convenience that traditional learning cannot provide. The overall convenience and flexibility makes it a superior learning method.

1Training offers the most convenient path to gain an internationally recognized qualification that will give you the opportunity to put into practice your skill and expertise in an enterprise or corporate environment. You can study at your own pace at 1Training and you will be provided with all the necessary material, tutorials, qualified course instructor and multiple free resources which include Free CV writing pack, Nus Discounted Card, Free career support and course demo to make your learning experience enriching and more rewarding.

Learning Outcomes  

• Learn about long term finance and equity finance
• Understand the financing cost of a business
• Explore how to manage the accounts and finance of a group of companies
• Examine the role of statement of financial position in determining the progress of an organisation
• Get into terms with the components and structure of an income and cash flow statement
• Learn the definition of IAS 24 related party disclosures
• Discover the segment reporting tool in the finance world

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The content will be accessible to you 24/7. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.