OTHM Level 7 Diploma in Accounting and Finance

The aim of this unit is to develop learners’ understanding of investment theories and market equilibrium models, and includes the requirement to perform bond valuations and evaluate current investment performance. On successful completion of this unit, learners will be equipped with the skills to critically assess the cause and effect of developments on the world’s capital market. Learners will be able to make effective recommendations for future investments.

Learning Outcome:

The learner will:

1. Understand different types of securities

2. Understand the regulation of security trading and new issues in world markets

3. Be able to apply principles of investment theory, securities and market analysis

4. Understand the principles of taxation

5. Understand the laws and regulations controlling the financial services industry

6. Be able to plan, manage and assess client portfolios

The aim of this unit is to develop learners’ ability to prepare and interpret financial statements for a range of business organisations. Learners will be able to apply relevant accounting concepts and principles. The unit provides an opportunity for learners to enhance their quantitative and qualitative analytical skills through the interpretation of financial data.

Learning Outcomes:

1. Understand the accounting and finance regulatory framework

2. Understanding accounting concepts, principles and theories.

3. Be able to prepare and interpret accounting information.

4. Be able to review specific policies, practices and regulations within corporate accounting.

The aim of this unit is to develop learners’ understanding of the types of decisions that need to be taken when entering global markets. Learners will gain an understanding of why independence in solving financial issues within a specific period of time is vital for business success.

Learning Outcomes:

1. Understand the concept of globalisation

2. Understand the impact of the global business environment on national and multinational business organisations.

3. Be able to construct strategies that will result in the enhancement of organisational value.

4. Be able to evaluate the financial consequences of strategic decisions.

5. Understand appropriate sources of finance.

6. Be able to assess techniques to manage global risk.

7. Be able to assess potential investment decisions and global strategies.

The aim of this unit is to develop learners’ understanding of planning and managing the use of an organisation’s financial resources. Learners will understand the importance of attaining business objectives and maximizing shareholder return. Learners will gain a working knowledge of business strategy design and the production of comprehensive business plans.

Learning Outcomes:

1. Understand the significance of strategic management and decision making to the performance of a business organisation.

2. Understand key financial theories.

3. Be able to apply stakeholder analysis and corporate valuation techniques.

4. Understand the role of culture in strategic decision making.

5. Understand performance measurement systems.

The aim of this unit is to develop learners’ understanding of how managers can position and execute business strategy appropriately. This will involve an in-depth study of the strategic auditing process and related procedures. Learners will be able to understand and apply suitable investigative techniques to both positive and negative environments.

Learning Outcomes:

1. Understand historic and current auditing processes and procedures.

2. Understand the importance of legal and professional requirements when completing an audit

3. Understand audit strategy.

4. Understand the risk involved in the audit process.

5. Understand current developments in auditing.

The aim of this unit is to develop learners’ understanding of research principles including the formulation of research proposals, literature reviews, referencing, data collection using interviews and surveys, questionnaire design, statistical analysing using SPSS, qualitative data, and methods for drawing conclusions from the analysed data

Learning Outcomes:

1. Be able to identify research problems and formulate research objectives.

2. Understand how to review the literature on a research topic.

3. Be able to design appropriate business research methodologies

4. Be able to develop a research proposal.