Skip to main content

Fundamentals of Accounting (L6, 30 ECTS)

Status: Register Interest




1 Year


Business & Financial Services

Start Date


Course Type

Flexible & Professional



The primary aim of the Certificate in Fundamental Accounting is to introduce bookkeeping and management accounting to those starting their own business or those working in a small or medium business.

What are the entry requirements?

ACADEMIC ENTRY REQUIREMENTS: QQI Level 5 award, Leaving Certificate or equivalent qualification.

Prospective particpants who do not meet the entry requirements outlined may still qualify for addmission by meeting certain other equivalent criteria, including relevant life and/or work experience.

ENGLISH LANGUAGE: Applicants who do not have English as their first language must ensure they satisfy English Language requirements. For entry to undergraduate courses, a minimum score of 5.5 in an IELTS exam is required. For postgraduate courses, a minimum of 6.0 is required. It is the responsibility of the applicant to ensure their English proficiency meets these requirements.

Who can I contact?

What modules will I study?

Semester 1

Fundamentals of Accounting

• Introduction to Accounting
• Accounting Procedures and Systems
• Preparation of Financial Statements
• Emerging Issues

Semester 2

Accounting for Management Control

• Introduction
• Cost and Revenue classification. Nature and purpose of classification
• Materials: Cost and Control
• Labour: Cost and Control
• Overheads: Costs and Control
• Product/Job, Batch, Process and Service Costing
• Marginal and Absorption Costing and CVPanalysis
• Budgetary Control and Reporting
• Standard Costing and Variance Analysis
• Emerging Issues

Are there opportunities for further study?

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

Applicants may also be interested in:

Certificate in Personal and Transactional Taxation (Special Purpose Award Level 8, 30 Credits)

More Information


TBC for 2022

This programme is 1 academic year in duration. Delivery will be 100% online and will be run over 2 semesters per year, 16 weeks per semester. The programme will commence in January 2022 TBC.


Each module will be assessed by continuous assessment worth 20% throughout the semester and final exam worth 80% at the end of the relevant semester.


Certificate in Fundamentals of Accounting (Special Purpose Award Level 6, 30 Credits)

Application Deadline

TBC for 2022

For queries relating to course content

Contact: Kathleen O'Shea


Course Fees 

TBC for 2022. This programme will be part County Tipperary Skillnet funded.




Please be aware that video and photography content on this website was produced prior to COVID-19