Diploma in Accounting & Finance
View Spring 2012 timetable here This one year programme has been designed with an emphasis on the practical application of Accounting and Finance knowledge to the commercial work place. It is intended for participants wishing to gain a solid foundation in the major components of the Accounting and Finance discipline and to allow them develop their financial literacy skills. Programme Aims and Objectives On completion of this programme students will be able to demonstrate foundation knowledge in core subject areas such as Bookkeeping (manual and computerised), Cost Accounting, Business Law and Finance. The lecturing team consists of staff that combine academic qualifications with substantial practical accounting and finance experience.
Programme Content SEMESTER ONE Bookkeeping & Accounting This module covers a range of accounting information from the basic principles and concepts of accounting and preparing financial statements to the application of control mechanisms on the financial accounting system. Finance 1 The content of this module is designed to introduce the concepts of analysing and interpreting financial statements, working capital management, sources of business finance, and an introduction to capital investment appraisal. Cost Accounting 1 On completion of this module students will have a basic knowledge of cost accounting and will have acquired the skills to identify and allocate costs to the production process from a stock valuation, profit measurement and decision making perspective.
Business Management & Administration Participants in this module will gain an overview of management and administration systems. Students will be introduced to the areas of production, research and development, marketing, personnel functions and administration.
SEMESTER TWO Finance 2
Building on material covered in semester one, the module will use financial management techniques to appraise capital investment opportunities that may arise for an entity within a business environment. Sources of business finance will also be explored in greater detail, and there will be an introduction to strategic management. The concepts underpinning foreign exchange will also be introduced.
Cost Accounting 2 This module builds on material covered in semester one. The focus is on the use of costing for internal reporting, enabling managers to provide information for planning and control. In addition to this the use of budgeting, standard costing and relevant costing will enable the student to have an appreciation of the nature, function, format and value of internal reporting. Computerised Accounting Systems – Sage Line 50: The Accounting Fundamentals
This course utilises the Sage Line 50 software package and its application within the accounting function. This software is to help businesses manage their finances, accounts, and customer and supplier information. The module explores the principle aspects of accounting software packages through the integration of topics studied previously in semester one along with exploring daily business tasks such as invoicing, managing suppliers, credit control, budgeting and managing bank accounts etc.
Business & Company Law This module is designed to equip students with a sound understanding of both business and company law, as well as the ability to apply the rules and principles of contract law to common business dealings. There will also be an exploration of certain key principles of the law of torts. Consumer protection law will also be studied.
Assessment To be awarded the Diploma in Accounting & Finance, a student will be required to complete end of term examinations (100%), which will be held twice yearly in January and May. Career Progression Opportunities This programme is an ideal introductory course and will provide students with the skills necessary to progress and advance within numerous accounting support roles or with future academic qualifications. Student Profile Typically, participants on the programme have had no prior education in the subject areas of accounting and/or finance. Some students have completed the programme as a foundation programme with a view to progressing to degree or postgraduate/ professional accountancy level. It is also beneficial to those who are not employed directly in an accounting related role but who are responsible for financial transactions in an organisation. Further Study Options For students interested in further study, the Diploma in Accounting & Finance will entitle students to exemptions at Level 1 of some of the Evening Business Degree programmes at DBS. It will also entitle students to exemptions from some modules of Accounting Technicians Ireland (ATI) examinations and the ACCA awarded Certified Accounting Technician (CAT) examinations.
“First of all, the staff in DBS are excellent and are very helpful with any problems that a student may encounter. The college is in a great location and I met some lovely people on the course. The lecturers were very approachable, made the classes more enjoyable and were easily contactable outside class hours. I found the course both interesting, challenging and was well structured covering the key areas in Accounting and Finance and as a result of my success I have started the ACCA Certified Account Technician (CAT) programme with DBS. I highly recommend DBS and this course for anyone wishing to further their career in Accountancy.” Bernadette O’Sullivan Diploma in Accounting & Finance
|