Certificate in Accounting and Finance QLS Level 1 Award

The Award in Accounting and Finance consists of 2 units. They are:

Unit 1: Introduction to Accounting

As a starter to the world of accounting, candidates are taken through its fundamentals, key concepts, and its relativity to other areas of human endeavour. Also, they are exposed to different regulatory bodies, their functions and how they can be properly utilised in solving financial crises.

Unit 2: Tools for Financial Analysis

In unit 2, candidates are taught the step-by-step procedure for analysing the financial statement of any enterprise. Also, they are exposed to how to use tools such as ratio analysis, trend analysis, vertical analysis, horizontal analysis, etc. to demystify the complexities that could be encountered in analysing any financial statement.

Upon completing our endorsed accounting courses for beginners, candidates are poised to benefit from the incredible possibilities inherent in the industry. They can use their skills to secure entry-level roles as cashiers, accountants, finance and accounting intern, junior project accountant amongst others. The salary ranges from £20,000 to £50,000 or more, depending on candidates’ level of expertise.

At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

What is Level 1 accounting?
Level 1 accounting is an introductory qualification that covers the fundamentals of financial record-keeping, key accounting principles, and the basics of financial statements.

What is a Level 2 certificate in accounting?
A Level 2 certificate builds upon Level 1 knowledge, offering a deeper understanding of accounting processes, double-entry bookkeeping, and financial documentation.

What is the difference between Level 1 and Level 2 certificates?
Level 1 is designed for beginners with no prior knowledge, focusing on basic concepts. Level 2 is more advanced and assumes prior understanding of basic accounting principles.

Which finance certification is easy?
Introductory certifications like the Certificate in Accounting and Finance QLS Level 1 are considered easier and more accessible for beginners compared to higher-level qualifications like ACCA or CIMA.

Which skill is best for accounting and finance?
Analytical thinking, attention to detail, knowledge of financial tools (like Excel), and understanding of accounting principles are essential skills in the field of accounting and finance.

Is this course suitable for beginners with no background in accounting?
Yes, this course is ideal for beginners. It introduces fundamental accounting concepts and teaches practical tools for financial analysis.

What will I learn from the financial analysis unit?
You’ll learn how to interpret financial statements using tools like ratio analysis, trend analysis, and vertical/horizontal analysis to assess an organization’s performance.

Does this course include practical case studies or examples?
Yes, the course includes practical examples to demonstrate the application of financial analysis tools in real-world business contexts.

Will I receive an accredited certificate upon completion?
Yes, you will receive a CPD-accredited certificate issued by OHSC, along with a Certificate of Completion from CPD Courses.

Can I use this certificate to pursue further studies in finance?
Absolutely. This Level 1 certificate provides a solid foundation and can be used as a stepping stone toward more advanced accounting and finance qualifications.