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OTHM Level 3 Foundation Diploma in Accountancy

Original price was: £1,000.00.Current price is: £699.00.

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Description

OTHM Level 3 Foundation Diploma in Accountancy

COURSE LEVEL COURSE TYPE AWARDING BODY DURATION STUDY METHOD CERTIFICATE Assessment Method
Level 3 Endorsed Course OTHM 6 months Online Self-Paced Available to Purchase Separately All units within this qualification are internally assessed by the centre and externally verified by OTHM

Overview
The objective of the OTHM Level 3 Foundation Diploma in Accountancy is to provide learners with a solid foundation for a career in various organisations related to financial management and accountancy. Moreover, it is designed to ensure that each learner is equipped with essential knowledge of accountancy, along with the skills to adapt swiftly to change and progress in their learning.

Successful completion of the Level 3 Foundation Diploma in Accountancy offers learners the opportunity to advance to further study or secure employment.

Course Outline
The OTHM Level 3 Foundation Diploma in Accountancy comprises 3 mandatory units, totaling 60 credits. Additionally, the qualification requires 600 hours of Total Qualification Time (TQT) and 240 Guided Learning Hours (GLH) for completion.

Mandatory Units:

  • Recording Financial Transactions (20 credits)
  • Management Information (20 credits)
  • Maintaining Financial Records (20 credits)

This structure ensures that learners gain comprehensive knowledge and skills essential for success in the field of accountancy.

Requirements
OTHM Level 3 qualifications are available to learners starting from age 16. Although OTHM does not specify strict entry requirements, it ensures that learners admitted to the programme have the necessary capability. This ensures they are at the appropriate level to undertake the learning and assessment criteria.

Furthermore, OTHM centres must recruit learners with integrity. They must ensure that qualifications not only meet learners’ specific needs but also facilitate learning, achievement, and progression. Moreover, the qualification is offered entirely in English, which is essential for learners to succeed.

Additionally, if a learner is not from a majority English-speaking country, they must provide evidence of English competency. This ensures all learners possess the language skills needed to engage fully with the course material and achieve success. For more information visit English Language Expectations page.

Who is This Course For?
The objective of the OTHM Level 3 Foundation Diploma in Accountancy is to provide learners with a strong foundation for a career in financial management and accountancy.

Moreover, it ensures that each learner gains essential accountancy knowledge and skills to adapt quickly to change.

Successful completion of this diploma enables learners to advance to further study or secure employment, enhancing their career prospects.

Assessment

All units within this qualification are assessed internally by the centre and externally verified by OTHM. Moreover, the qualifications are criterion-referenced, focusing on the achievement of all specified learning outcomes.

To pass a unit, learners must provide evidence demonstrating they have met all the learning outcomes and the standards specified by the assessment criteria. The Assessor makes the judgement that learners have successfully fulfilled these criteria.

Additionally, the Assessor should create an audit trail clearly showing how they arrived at the judgement of the learners’ overall achievement.

Accreditation
London College for Professionals Offers Endorsed Courses by OTHM UK and under OTHM Endorsed Provision.

OTHM Endorsed Provision
London College for Professionals has designed and developed its courses under the guidance and supervision by OTHM to ensure that its courses meet the high standards quality criteria.

About OTHM
UK based Awarding Organisation regulated by Ofqual (Office of the Qualifications and Examinations Regulation).

We operate a global network of numerous delivery centres to provide our qualifications. Additionally, OTHM has established strong academic relationships in the UK and overseas, ensuring that OTHM qualifications are recognised worldwide.

This local and international recognition enhances the employability skills of OTHM graduates. Moreover, it allows them to join degree programmes or Master’s top-up courses, further advancing their education and career prospects.

Certification
Upon successfully passing the course, the learner must pay for a Certificate of Completion from LCFP (either in PDF format or Hardcopy) or an Endorsed Diploma from OTHM (Hardcopy).

Additional information

Assessment Method

Internal assessment by the LCFP and external verification by OTHM
Awarding Body

OTHM
Certificate

E-Certificate, Hard Copy is Available to Purchase Separately
Course Level

Course Type

Duration

6 Months
Study Method

Online Self-Paced

Query Form

Query Form

FAQ

Yes, you have a Cooling-Off Period of 14 days from the course start date to cancel your enrollment and receive a refund, subject to a cancellation fee of £150. Please notify the College’s finance team via email at info@lcfp.org.uk within this period to initiate the refund process.

If you’re unable to make a payment on the agreed date, you should promptly inform the College’s finance team in writing via email, detailing the reasons for the delay and requesting an extension. Failure to do so may result in additional charges, including late payment fees of £50 after 30 days from the original due date, and potential interest. It’s essential to keep communication open to avoid any penalties.

The College reserves the right to make changes to courses, including content, instructors, and schedules, or to cancel them entirely. In such cases, we will make reasonable efforts to inform affected students and provide suitable alternatives. If you have any concerns or questions about changes to your course, please reach out to us via email at info@lcfp.org.uk for assistance.

If you’re inactive for a prolonged period, meaning you’re not engaging in course activities such as logging into the learning portal, attending scheduled classes, or submitting assignments, LCFP will send you reminders to encourage your participation. If you fail to respond to three reminders, you may be withdrawn from the course. It’s essential to stay engaged and communicate with us if you encounter any difficulties during your studies.

If you’re struggling academically, LCFP is here to support you. Upon failing an assignment, you’ll receive detailed feedback to help you improve. However, if you fail the same assignment twice, you’ll receive a formal warning about potential withdrawal from the course. Continued poor academic performance despite the warning may lead to withdrawal. We encourage you to take advantage of our support services and communicate any challenges you face during your studies.

Unfortunately, students who are withdrawn from the course due to inactivity or poor academic performance are not eligible for a refund. It’s important to maintain engagement and academic progress to avoid withdrawal. If you’re withdrawn and wish to re-enroll, you’ll need to meet specific criteria, and there will be a re-enrolment fee of £250.

If your first submission doesn’t meet all the assessment criteria, you’ll receive a grade of “refer” along with detailed feedback from your tutor/assessor. The feedback will highlight areas where your work fell short and provide guidance for improvement. You’ll then have the opportunity to revise your work and resubmit it within a designated time frame, typically two weeks.

Yes, under certain conditions, you may be eligible for a further resubmission opportunity. Your tutor may approve a third attempt if they believe it aligns with your academic development. However, there are considerations such as maintaining academic integrity and potential additional fees for the assessment of the second resubmission. It’s important to engage with the feedback provided and seek support if needed to improve your work.

If you fail to meet the passing grade after all permitted resubmissions, you’ll be considered to have failed the unit. In such cases, you’ll have the option to retake the unit in the following semester. This involves re-enrolling for the unit at the prevailing fee and completing all assessments afresh, regardless of previous attempts. It’s essential to make use of available support services and focus on improvement throughout your studies.

Yes, you have the right to cancel your acceptance at any point before the course commencement in accordance with LCFP’s Fee & Refund Policy. Please ensure your refund request aligns with the policy guidelines for a smooth cancellation process.

You may request a change to your initially selected course once, provided you haven’t accessed or commenced the course. Approval for such changes depends on meeting the specific criteria of the new course and is at LCFP’s discretion. Please submit all related requests formally to admissions@lcfp.org.uk for consideration.

It’s essential to complete your course within the allocated timeframe (18 months for Level 3 courses, 24 months for Levels 4 to 7). Failure to do so necessitates re-enrollment, which incurs a fee of £250, subject to approval. Make sure to manage your time effectively to meet these deadlines and avoid additional costs.

Plagiarism involves using someone else’s ideas, words, or work without proper acknowledgment. To avoid plagiarism, ensure that you always attribute sources correctly using the Harvard referencing style. This means providing in-text citations for direct quotes or paraphrased ideas and including a reference list at the end of your work. It’s crucial to distinguish between your own thoughts and those of others and to always credit external sources appropriately.

While some level of similarity is expected, especially when using common terminology or quoting from academic sources, excessive similarity may indicate potential plagiarism. Your assignment will be reviewed using text comparison software like Turnitin and Copy Catch, which checks for similarities with internet sources and previous student submissions. If concerns arise, you may receive academic writing support to improve your referencing and citation skills. In more serious cases, you may be referred to the Academic Conduct Officer for further investigation and disciplinary action if necessary.

LCFP provides detailed guidance on referencing and avoiding plagiarism in the LCFP Guide to the Harvard Referencing Style. Additionally, module-specific guidelines and feedback from tutors can help you understand academic conventions and improve your referencing skills. Remember, mastering proper citation and referencing is essential for academic success and integrity, so don’t hesitate to seek support and feedback as you develop your academic writing skills.

London College for Professionals

UKPRN: 10095435  |  ICO Ref: ZB679746

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