Accounting
The aim of this certificate is to facilitate an appreciation of the fundamental principles of accounting and to enable a graduate, through the embedding of key skills, to perform a set of accounting tasks that are relevant to trading entities.
| Award Name | Certificate |
|---|---|
| NFQ Classification | |
| Awarding Body | Dundalk Institute of Technology |
| NFQ Level |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
|---|---|---|---|
| Certificate | Dundalk Institute of Technology |
Duration
2 semesters.
Course Delivery
One evening a week for one semester over two semesters with some blended learning via DkIT Moodle. Assessment comprises of course work and an examination.
Entry Requirements
Minimum Entry Requirements
All applicants will normally hold a relevant level 5 qualification (or equivalent) or higher.
Further information
Registration for a part-time course at DkIT could not be easier.
Just click on dkit.ie/parttime or dkit.ie/postgraduate to search for your course and follow the ‘How To Apply’ instructions on the course page.
Please note that early registration is advisable as the number of places on many courses are limited. Applications will be dealt with in order of receipt of completed application and appropriate fee. Applicants must notify the Lifelong Learning Centre in writing in the event of your withdrawal from any course for any reason.
If you have any questions about registering for a course, contact our Lifelong Learning Team on parttime@dkit.ie or call us on +353 (0)42 9370290
Tax Relief / Other Funders
Tax relief at the standard rate of tax (20%) is available for certain tuition fees on courses which lead to third-level awards.
For further information visit revenue.ie to receive a copy of form IT31. This applies only to students who are funding their studies from their own income. Always retain your receipt of payment from DkIT for tax purposes.
In certain circumstances students may receive financial aid in paying their fees from County Enterprise Boards, Leader Partnerships, Department of Social Protection and other organisations.
Apply online Visit www.dkit.ie/partime for information on how to enrol online for this course or see Application weblink below.
Please note that early registration is advisable as the number of places on many courses is limited. Applications will be dealt with in order of receipt of completed application and appropriate fee.
On successful completion of this course students will be able to:
- Apply accounting double-entry book-keeping and conventions underlying the preparation of the financial statements, and make relevant adjustments to the trial balance to produce a set of financial statements.
- Execute internal controls including stock valuation techniques and undertake simple control procedures such as various types of reconciliations.
- Prepare financial accounts for different types of trading entities, namely Limited Companies & Sole Traders.
- Appreciate the difference between Cash and Profit by preparing a basic cash flow statement in accordance with generally accepted accounting principles.
- Interpret financial statements by ratio analysis.
- Distinguish between various cost behaviours & employ techniques to segregate Fixed and Variable costs.
This course will cover a wide range of accounting principles and techniques including:
- Describe the role and scope of financial & management accounting.
- Understand the basic concepts that underlies the provision of financial information.
- Prepare a set of basic accounts from original transactions.
- Interpret financial statements using ratios.
- Demonstrate differences between cash flow and profit.
- Value stock under methods such as FIFO & LIFO.
- Use Techniques like Hi Lo to segregate Fixed and Variable Costs.
Assessment comprises of course work and an examination.
Nuala Rispin
Phone: +353 (0)42 9370200
Email: nuala.rispin@dkit.ie