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OTHM Level 3 Foundation Diploma in Accountancy (RQF)

Awarding body fee of £150 is payable by the learner to the awarding organisation within 14 days of starting the course.

  • Credits – 60
  • TQT – 600
  • GLH – 240
  • Units – 3
Course Description How We Deliver our Courses? Payment Plans Why Choose BSLM? FAQ's Meet Our Team
OTHM
Awarding Body: OTHM
Qualification Number: 603/3811/8

OTHM is an Ofqual regulated Awarding Organisation. This guarantees that all of their qualifications confirm to a high standard.

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Unit Structure
  • Unit 1: Recording Financial Transactions
  • Unit 2: Management Information
  • Unit 3: Maintaining Financial Records

Overview

The objective of the Level 3 Foundation Diploma in Accountancy is to provide students with a foundation in Accountancy and financial management that can be transferable across many different industries. This course is designed to ensure that learners are equipped with core knowledge of Accountancy, skills to adapt to rapid change, and that learners get the best progression opportunities possible.

Successful completion of this course provides the students with opportunities to progress further within their organisation or proceed to higher levels of study.

Duration and Delivery

This course is designed to be completed over six months of full-time study. However, as we provide flexible online delivery, you can (with hard work) get this course completed in as little as 2 months. The qualification is delivered through our Virtual Learning Environment.

Assessment and Verification

All units within this qualification are internally assessed by our qualified assessors and externally verified by the awarding organisation.Learners are reasonably expected to spend a minimum of ten weeks completing the listed guided learning hours of the qualification after registering with OTHM.The qualifications are criterion-referenced, based on achieving all the specified learning outcomes. Learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria. You will receive support once you are enrolled on our online portal to help you reach your goals.

Equivalences

The practical skills, knowledge, competences, and capabilities taught in this course course are comparable in academic terms as being equivalent to GCE AS/A Level.

Progression

The successful completion of this qualification provides the opportunities for academic progression to a broad range of undergraduate level programmes including the OTHM Level 4 Diploma in Accounting and Business.

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Eligibility Criteria

  • OTHM Level 3 Diploma can be offered to students from age 16. We do not specify entry requirements for such qualifications.
  • We ensure that students admitted to the program have enough capability to undertake the assessment and learning criteria.

English language requirement

Learners are expected to have English language proficiency of CEFR Level B2, this can be met in any one the following ways:

    • Native English language speaker
    • IELTS 5.5 or equivalent
    • Last two years of schooling in English
    • Passing our online English language test
Full Payment

Standard


£490

  • Recommended Duration
    Up to 9 Months

  • Maximum Duration Allowed
    12 Months

  • Re-registration charges after Maximum Duration
    £30

  • Tutor Support
    Unlimited

  • Standard Assessment Decision and Feedback
    Within 3-5 Working Days*
    *Average time taken for assessment feedback is 3 working days

  • Suitable for
    Professionals studying alongside their jobs, who do not require fast tracking.

  • Not suitable if
    You are certain that you won’t be able to study regularly to complete in the maximum timeframe suggested.

Fast Track


£540

  • Recommended Duration
    Up to 9 Months

  • Maximum Duration Allowed
    12 Months

  • Re-registration charges after Maximum Duration
    £20

  • Tutor Support
    Unlimited – Priority

  • Fast Track Assessment Decision and Feedback
    Within 1-3 Working Days*
    *Average time taken for assessment feedback is 2.5 working days

  • Suitable for
    Fast track completion, fast tutor support, prompt assessor feedback

  • Not suitable if
    You are not able to devote extra time on the course because of work or personal commitments, as fast tracking is largely reliant on your own efforts.

Flexi


£590

  • Recommended Duration
    Up to 9 Months

  • Maximum Duration Allowed
    24 Months

  • Re-registration charges after Maximum Duration
    £10

  • Tutor Support
    Unlimited – Priority

  • Flexi Track Assessment Decision and Feedback
    Within 2-4 Working Days*
    *Average time taken for assessment feedback is 2.5 working days

  • Suitable for
    Professionals who do not want any pressure to complete the course in the recommended duration.

  • Not suitable if
    You are able to study regularly every week and are confident to complete the course within the recommended duration.

Standard


£564

  • £80.50/Month

  • No. of instalments
    7

  • Recommended Duration
    Up to 9 Months

  • Maximum Duration Allowed
    12 Months

  • Re-registration charges after Maximum Duration
    £30

  • Standard Assessment Decision and Feedback
    Within 3-5 Working Days*
    *Average time taken for assessment feedback is 2.5 working days

  • Suitable for
    Professionals studying alongside their jobs, who do not require fast tracking.

  • Not suitable if
    You are certain that you won’t be able to study regularly to complete in the maximum timeframe suggested.

Fast Track


£620

  • £88.55/Month

  • No. of instalments
    7

  • Recommended Duration
    Up to 9 Months

  • Maximum Duration Allowed
    12 Months

  • Re-registration charges after Maximum Duration
    £20

  • Fast Track Assessment Decision and Feedback
    Within 1-3 Working Days*
    *Average time taken for assessment feedback is 1.8 working days

  • Suitable for
    Fast track completion, fast tutor support, prompt assessor feedback

  • Not suitable if
    You are not able to devote extra time on the course because of work or personal commitments, as fast tracking is largely reliant on your own efforts.

Flexi


£676

  • £75.13/Month

  • No. of instalments
    9

  • Recommended Duration
    Up to 9 Months

  • Maximum Duration Allowed
    24 Months

  • Re-registration charges after Maximum Duration
    £10

  • Flexi Assessment Decision and Feedback
    Within 2-3 Working Days*
    *Average time taken for assessment feedback is 2.5 working days

  • Suitable for
    Professionals who do not want any pressure to complete the course in the recommended duration.

  • Not suitable if
    You are able to study regularly every week and are confident to complete the course within the recommended duration.

Awarding body fee of £150 is payable by the learner to the awarding organisation within 14 days of starting the course. This will be collected from the learner and passed on to the awarding organisation for registration and certification purposes. The final certification you get is the same, regardless of your route. There are no strict deadlines for submitting individual coursework, allowing you room and flexibility to pace your studies; the only deadline is the overall course duration based on the option you selected above.

Why choose BSLM?

Instant Access to VLE

You can have instant access to the course; once you enrol on the course, you can start studying immediately.

Expert Tutor Support

Our courses are designed to provide a dedicated online tutor support to learners throughout the course for ongoing assistance.

Flexible Payment Plans

Flexible payment plans to suit your budget; pay fee in easy monthly instalments.

Accredited Certification

You will receive your accredited certificate and transcript at no additional cost from our approved awarding body.

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Frequently Asked Questions

The OTHM qualification of Level 3 is equivalent to the GCE AS/A Levels in terms of practical knowledge, skills, capacities, and competencies.

Learners must be at least 16 years old.

International students who do not speak English as their first language must get an IELTS, equivalent score of 5.5 or above.

You can pursue a wide variety of employment prospects with the OTHM Level3 Foundation Diploma in Accountancy, including the following:

  • Accounts Assistant
  • Accounts Payable and Expenses Supervisor
  • Payroll Supervisor
  • Practice Bookkeeper
  • Tax Assistant

There are no enrollment criteria for these qualifications in OTHM. We make sure that students who are accepted into the programme are capable of completing the evaluation and learning requirements.

A wide selection of undergraduate programmes, including the OTHM Level 4 Diploma in Accounting and Business, are open to learners who successfully complete the OTHM Level 3 Foundation Diploma in Accountancy.

All of the units in this qualification are externally certified by OTHM and internally examined by experts in the field. In this qualification, the criterion is referenced and based on the achievement of specified learning outcomes.

Because an accountancy diploma primarily focuses on delivering sound professional training for a successful career in the business sector, learners might experience a number of advantages from it in the future. The learners will gain a better grasp of how business professionals operate after completing this course. As time goes on, learners’ conceptual and analytical abilities increase, and they amass sufficient practical experience by studying accountancy management in a range of contexts.

The only basis for awarding your certification is the successful completion of your unit assignment; no exam is taken.

Meet our Team

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