The Level 3 Diploma in Accounting is a potential route into employment with a globally recognized qualification accrediting the skills and knowledge required by employers. The purpose of the Level 3 Diploma in Accounting is to provide students with the specialist knowledge and skills required to progress to employment in an accounting or finance role or to further study in accountancy and finance. Attendance is required one day per week. This qualification is a progression route for students who have achieved the Level 2 Certificate in Accounting. On completion, students can successfully undertake a role in finance. It can also be a stepping-stone to further education, with students progressing onto the Level 4 Diploma in Professional Accounting. The Level 3 Diploma in Accounting comprises 4 mandatory units: - Business Awareness - Financial accounting - Preparing financial statements - Management accounting techniques - Tax Processes for Business The purpose of this qualification is to ensure that students are well prepared to progress into a career in business, finance, or professional accountancy, or into further education. Students will learn and develop skills needed for financial processes, including accounting principles and concepts, advanced bookkeeping, and preparing financial statements. They will also understand the business environment, the technology used in finance and accounting, business issues regarding payroll and value-added tax (VAT) (which may be known by another name in other countries), issues in business, management accounting techniques, ethical principles, and sustainability considerations for accountants.