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Accounting Principles and Practice (L7, 30 ECTS)

Status: Register Interest




1 Year


Business & Financial Services

Start Date


Course Type

Flexible & Professional



The Certificate in Accounting Principles and Practice, provides a deeper knowledge of financial accounting covering international accounting standards, and is suitable for those working in SMEs and those wishing to broaden their knowledge of accounting. It is aimed at those who already have a knowledge of the basic fundamentals of accounting. Those who complete the Certificates in Accounting will get exemptions from professional accountancy bodies and may also apply to enter the Bachelor of Arts (Hons) in Accounting under LIT’s transfer and progression policies.

What are the entry requirements?

Applicants must satisfy a minimum Stage 1 entry requirement of Grade 06/H7 or higher at Ordinary Level in five Leaving Certificate Subjects. Two of these subjects must include Mathematics and a Language (Irish or English).

Prospective participants who do not meet the entry requirements for the programme detailed above, but who may qualify for admission by meeting certain other equivalent criteria, should apply to the Department of Flexible Learning Office for consideration.

Who can I contact?

What modules will I study?

Advanced Financial Accounting

  • Regulatory Framework

  • Application of Relevant Accounting Standards to Specific topics

  • Emerging Issues in Accounting

Financial Reporting 

  • Application of specified IAS's in the preparation and presentation of published financial statements

  • Analysis and Interpretation of Financial Statements

  • Preparation of Consolidated Financial Statements

  • Corporate Governance and Ethics for Financial & Accounting Professionals


Are there opportunities for further study?

Those who complete the Certificate in Accounting Principles and Practice will be eligible to apply for an exemption from Professional Accountancy Examinations and may also apply to enter the Bachelor of Arts (Hons) in Accounting under LIT's transfer and progression policies.

More Information


Lectures will be pre-recorded each week. There will also be a live one hour tutorial one night each week which will also be recorded

Time Commitment

Number of Weeks: 14

Number of Days/Evenings per week:  2 per week

Delivery Day/Evening: Evening

Number of Hours per day/Evening: 4 per week plus study time  

Times: TBC prior to course commencement.

Location (Campus) if relevant: 100% online

Online Seminars: Three Saturdays per semester. These will also be recorded.

Each 5 credits will normally equate to approximately 100 Total Learning Hours. Total Learning Hours includes the time you spend in class (lectures, tutorials, practical elements) and the time you spend completing work outside of college. The balance between these two varies by discipline, and by level of study. You should bear in mind that the workload will increase at particular times e.g. when assignments are due.


Assessment will be a mix of continuous assessment and final written exams.


Students are required to purchase the core textbook – approximate cost €70. This covers both modules.


Special Purpose Award - Level 7 NFQ (30 credits)

Application Deadline

TBC for 2021

For queries relating to the course

For academic queries

Course Fees

TBC 2021




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