Table of Contents
- Want to Learn Accountancy Courses?
- UK Courses in Accounting
- Entry Requirements
- What Do You Do as an Accountant?
- How Do You Become an Accountant?
- Career Outcomes From an Accountancy Courses
- AAT Qualifications
- Chartered Accountancy Qualifications
A course in Accounting will provide you with the knowledge of the systematic and comprehensive recording of financial transactions about a business. In learning critical processes for any career such as summarizing, reporting and analyzing, an accounting course will be of high value to you. Courses in the UK can be taught at universities, colleges and even online, allowing you to shape your future in the accounting and finance industry by completing a qualification the way that suits you best. Whether you are a small business owner wanting to manage accounts or feel that you are interested in pursuing a career as an accountant, there is an accounting qualification in the UK available to you.
Want to Learn Accountancy Courses?
Start your new career. You’ll gain an introduction to accounting, with a focus on core concepts and essential skills that will teach you the fundamentals of accounting. You will learn to interpret financial statements, undertake economic analysis, cash flow, budgeting and forecasting techniques. Study at your own pace, at a time that suits you with our flexible accountancy qualifications online learning.
UK Courses in Accounting
Studying in the United Kingdom is an opportunity that will take any student far in life – there are a vast range of accounting courses out there for everyone, no matter your specific needs. With over 200 institutions in the UK offering courses in accounting online or in-class
Graduate Entry Route
For graduate entry, you will need an undergraduate degree rather than a professional qualification, as well as the Mathematics and English language requirements.
English Language Requirements
You need to demonstrate the right level of English to admitted to our programmers. We accept a range of evidence, including proficiency test scores. If you don't have proof but believe you can meet the standard, we may consider your case.
We set minimum basic computer requirements because your study resources accessed via the Student Portal, and access this regularly. For this degree, you will also need Adobe Flash Player to view video material and a media player (such as VLC) to play video files.
What Do You Do as an Accountant?
The primary role of an accountant is to prepare and examine financial records, along with a variety of tasks including administrative roles within a company's or individual's commercial operations – this highlights the great importance of an accountant in any type of organization. Accounting jobs are always in high demand and require skills such as recording and analyzing a range of data with the intent of being accurate and efficient in every task completed.
How Do You Become an Accountant?
Depending on what you plan to use your type of course for, different qualification levels will lead to different varieties of jobs in the industry. If you are intending on using a course in accounting or finance as a career, the best course of action is to earn a Bachelor’s degree with a specialization in a specific area. The Institute of Chartered Accounting in England and Wales (ICAEW) highly recommended for any student who is serious about having a future in the accounting and finance industry. You do not need to have specific A-levels or BTEC's to become your journey into accountancy. However, it is highly advantageous and to have refined knowledge in maths and economics.
Career Outcomes From an Accountancy Course
A course in accounting will provide individuals with the opportunity to work in many different fields in several organizations. Below is a list of some potential job titles for somebody who has completed an accounting course in the UK:
- Accounting Manager
- Accounting Technician
- Stock Accountant
- Accounting Policy Manager
- Technical Accounting Manager
- Accounting Production
- Functional Lead
- Head of Systems
- Cloud Accounting Specialist
This Accountancy courses online London will prepare you for a career in areas of professional accountancy, investment banking, investment analysis and management, management consultancy and financial management, as well as to more advanced academic study. This course will help you to question and analyse information, develop arguments, and boost your analytical and communication skills – all of which valued in management-related roles. In some countries, Accountancy qualifications earned by distance and flexible learning may not be recognized by certain authorities or regulators for public sector employment or further study.
If you're a complete newbie to accountancy qualifications from the Association of Accounting Technicians (AAT) are an ideal first step. They're highly practical, teaching you the real-world skills you need to excel in finance.
The three accountancy qualifications:
- Foundation Certificate (Level 2)
- Advanced Diploma (Level 3)
- Professional Diploma (Level 4)
AAT Foundation Certificate in Accounting(Level 2)
The vast majority of students start at Foundation level. There are no formal entry requirements beyond being over 19. Completing this qualification will give you a solid introduction to key areas such as bookkeeping, costing and using accounting software.
It will prepare you for entry-level accountancy jobs such as Accounts Administrator - your ideal first step into finance.
AAT Advanced Diploma in Accounting(Level 3)
If you have practical accounting experience and a firm grasp of double-entry bookkeeping, you could build on your knowledge and experience with the Advanced Diploma. This qualification delves deeper into more complex accounting practices. You'll master advanced bookkeeping, final accounts and learn about ethics for accountants.
Once you complete this qualification, you can take on a wide variety of mid-level accounting roles, including Accounts Payable Clerk, Payroll Supervisor, and Assistant Accountant. You'll also be a fully qualified bookkeeper. You can apply for AAT associate bookkeeping membership, which is a great recognition of your expertise and allows you to pop the letters AATQB after your name to prove it!
AAT Professional Diploma in Accounting(Level 4)
You've mastered the basics and aced the advanced - you're ready to take on the Professional Diploma. If your dream career path involves a senior role or starting your accountancy practice, then this qualification is the one that you want. During your studies, you'll get into the nitty-gritty of drafting financial statements, managing budgets, and evaluating financial performance. Once you complete the Professional Diploma, you'll be able to apply to become an AAT Full Member or Fellow Member once you have the necessary professional experience.
Once You're AAT Qualified, there are a few different paths you can take after completing your Professional Diploma. You can set up your practice and be boss. Now that you're fully qualified, you can work as an accountant on a self-employed basis with the freedom to pick and choose your clients. There are limits on how much an AAT Accountant can sign off on, but since at the current threshold the company must have a turnover less than £6.5 million and a balance sheet total less than £3.26 million, this won't stand in your way of setting up your firm. Alternatively, you can apply for roles in accounting firms or companies who have in-house accounting departments. Functions that AAT Accountants typically end up working in include Senior Finance Officer, Commercial Analyst, Indirect Tax Manager, Cost Accountant and VAT Accountant. These are just a few examples of the many job opportunities that are open to you once you become an AAT Accountant.
Chartered Accountancy Qualifications
People often think you need to have a university degree to become a Chartered Accountant. Still, you only need high school qualifications to begin learning directly with most Chartered bodies.
The Association of Chartered Certified Accountants (ACCA)
The Association of Chartered Certified Accountants (ACCA) has 586,000 members and 486,000 students ACCA is one of the most prestigious Chartered Accountancy bodies in 170 countries and is one of the largest and fastest-growing accounting qualification providers in the world. You can take on this qualification as part of a training agreement or independently, and have up to ten years to pass your exams. You also need to acquire three years of relevant work experience to complete the qualification.
Once you become a chartered certified accountant with ACCA, the world is your oyster. You can work with accountancy firms, private or public sector organisations, or set up your practice.
Why choose this route: The ACCA qualification isn’t necessarily tied into a training agreement so you can move between employers while training
- You can study accountancy qualifications online or in classes, part-time or full-time.
- If you're starting from scratch, the entry requirements are two A-Levels & 3 GCSEs (or equivalent) in five separate subjects including English and Maths.
- If you're AAT qualified the qualification consists typically of 9 papers, but if you've completed up to and including the Professional Diploma, you can skip the first three free of charge. It gives you an excellent head start and will cut down the time you need to spend studying.
Plus, any work experience you have gained while studying towards your AAT qualification can be counted towards the three years' experience you need to become an ACCA member.
The Chartered Institute of Management Accountants (CIMA)
The Chartered Institute of Management Accountant (CIMA) is a UK-based professional body focused on accounting for the business. They offer training and qualifications in management accountancy and related subjects to their 203,000 members and students in 173 countries. Like ACCA, you can work towards this qualification independently or through a training agreement with your employer. There is no limit on the training period; you just need to ensure you pass your exams and rack up three years of work experience. As a CIMA management accountant, you are more likely to be employed within a business rather than at a specialized accountancy firm.
Why choose this route: The CIMA qualification targeted at students who are aiming to become management accountants.CIMA qualifications have a narrower focus than ACCA's, concentrating on management accounting. They're ideal if you want to work in managerial roles within big businesses and gain a good grounding in business practice as well as in finance.
- You can study in-person, online, or a mix of both.
- If you're starting from scratch, you can get started with the entry-level CIMA Certificate in Business Accounting. There are no formal entry requirements.
- If you're AAT qualified and you've completed the AAT Professional Diploma, you're exempt from the CIMA Certificate and can start the CIMA Professional Qualification.
- If you've completed AAT Foundation or Advanced, you'll still need to begin with the CIMA Certificate.
The Institute of Public and Finance Accountancy (CIPFA)
CIPFA accountants specialise in public finance, managing funds for governments and other public sector bodies.
- If you're starting from scratch, you'll need to have one of the following.
- Three GCSEs (grades A–C) and two A-Levels (grades A–C) or equivalent, including Maths and English at either level
- The equivalent BTEC or SCOTVEC national certificates
- NVQ/GNVQ Level 3, or Scottish equivalent
- Three years of relevant work experience and your employer's support (21+ only)
- If you're AAT qualified, you'll be studying towards the Professional Accountancy Qualification and will be able to grab a lot of great benefits as an AAT member.
You'll be entitled to free exemptions from three of their exam papers, saving you £400. However, as their examinations are more extensive than the ACCA, you'll still have nine documents to sit. You'll also be exempt from the Audit and Assurance paper providing that you completed External Audit as one of your optional topics during your AAT studies.
As a bonus, you can also claim over 50% off your CIPFA membership for the duration of your studies.
Institute of Chartered Accountants in England and Wales (ICAEW)
ICAEW is highly respected worldwide, with 150,000 chartered members and offices across Europe and Asia. Their qualification is known as the ACA (not to be confused with ACCA!)
- If you're starting from scratch, you can begin studying the ACA with 2 A level passes (grades A*-E) plus 3 GCSE passes (grades A-C/grades 9-4), or equivalent.
- If you don't meet these requirements, you can begin studying with the ICAEW Certificate.
- If you're AAT qualified you offered an AAT-ACA Fast Track which lets you use your AAT qualification to apply for exam credits towards specific modules.
Like CIPFA, you can apply for further exam credits if you completed specific optional modules during your AAT studies. If you were working throughout your education, you could also use for a reduction in the amount of practical work experience required to pass the ACA.
Institute of Chartered Accountants of Scotland (ICAS)
ICAS is the oldest professional body of chartered accountants in the world, receiving their Royal Charter in 1854.
- If you're starting from scratch, you can study through a 5-year placement at an ICAS authorized employer. There are no formal entry requirements, but they recommend you have strong A Level or Scottish Higher results.
- If you're AAT qualified, you can apply to be exempt from the Business Management and Financial Accounting courses and exams, leaving you with just four units to complete. To apply for this exemption, you will need to fill in the relevant form and provide a full transcript which details all the AAT courses you've completed.