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Accounting Principles and Practice (L7, 30 ECTS)

Status: Closed


Level

07

Duration

1 Year

Department

Business & Financial Services


Start Date

TBC

Course Type

Flexible & Professional

Location

Online

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 Certificate in Accounting Principles and Practices will gain an exemption from ACCA exams (Paper F7 - Financial Reporting) 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.

What are the career prospects?

  • Professional Accountancy
  • Teaching
  • Finance and Insurance
  • Management and Consultancy

More Information

Delivery

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

Number of Weeks: 12 per semester

Number of Days/Evenings per week:  1 per week

Delivery Day/Evening: Evening

Number of Hours per day/Evening: 4.5 per week plus study time  

Times: Recorded Lecture available on Monday evenings. Live Tutorial on Wednesday from 7 to 8.30 pm

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

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

Materials

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

Qualification

Special Purpose Award - Level 7 NFQ (30 credits)

Application Deadline: TBC

Starting TBC

For queries relating to the course

Flexible@lit.ie

For academic queries

kathleen.oshea@lit.ie

Course Fees

€2,800

Click here for all Flexible Learning Policies & Procedures