1 to 1 Tutorials
6N4166 SP Financial Reporting - Self Paced

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Financial Reporting - 1 to 1 Tutorials

Standalone or Part of 6N4166 Financial Reporting Major Award

This self-paced online module, will help you to prepare, analyse and interpret financial statements for a wide variety of organisations and to develop an understanding of the legal and regulatory framework surrounding financial reporting.

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QQI Credits: 15
QQI Level: 6
QQI Code: 6N4166
WANT TO KNOW MORE ABOUT THIS COURSE?

Check below for more details.

Single modules are the best way to build your path to becoming fully certified and
get recognised by NFQ education point scheme.

This Financial Reporting Course is suitable for you if you are new to your role in management or supervisory management or if you wish to gain this valuable qualification and find a job in this sector.

Access to the Programme

Mature Applicants with relevant life and work experience are welcomed. The Course Advisor is available to meet with prospective learners to discuss and advise on the course details, career and academic opportunities and assess your suitability for the course.

Entry Criteria

Entry criteria / prerequisites Level 5 Certificate / Leaving Certificate (or equivalent) or relevant life experience detailed in a current Curriculum Vitae. Please provide details and attach a copy of either a current CV or Certificate. Learners must be a resident of Ireland / based in Ireland.

English

As this NFQ level 6 qualification is delivered through English it is necessary learners will have sufficient written English skills to complete this course. Forus Training recommends a minimum English language competency of IELTS 5.5 (or equivalent) for successful completion of this programme. If you are not sure what level of English competency you have, please contact hello@forustraining.ie and a Course Advisor will arrange for you to take an assessment.

IT Skills and Equipment Required

Basic working knowledge of computers and access to a computer with internet access is required to do the course. A PC with Windows 8 or later or a Mac with OSX 10.5 or later.

  • An internet connection with a speed of at least 10mbps.
  • The latest version of Chrome, Firefox, Edge or Safari, set to accept cookies and pop-ups.
  • Adobe Flash and Adobe Reader, to view content.
  • Word processing software, such as MS Word or Google Docs.
  • Some courses include video, therefore your computer must be capable of playing video and sound.

* eLearning and tutor support may vary by course, please check each course page for details.

Reasonable Accommodation

To reinforce inclusion for all our learners we offer customised learning support for individual applicants who require accommodations. Additional Requirements Forus Training provide a range of supports for learners to ensure that our programmes and services are accessible to all.

On application for a course with Forus Training please discuss any additional requirements with the Course Advisor at hello@forustraining.ie so that the appropriate supports for teaching, learning and assessment can be considered. It is important that you discuss your needs with centre staff as early as possible.

Throughout this programme, you will discover how to;

  1. Evaluate the nature and purpose of financial accounting to include the differences between management and financial accounting
  2. Demonstrate a knowledge of the form and content of accounting records to include the recording of financial transactions in the books of original entry
  3. Appraise the role of the professional accounting bodies and the impact of legislation on the preparation and reporting of financial statements
  4. Demonstrate an in-depth knowledge on the application of Accounting standards as legislated for in Company Law
  5. Prepare control and suspense accounts
  6. Utilise financial reporting techniques to prepare financial statements for sole traders
  7. Prepare cash flow statements in accordance with IAS to include an analysis of the importance of cash to a business
  8. Prepare published financial statements for limited companies using International Accounting Standard (IAS) format
  9. Critically analyse and evaluate financial statements
  10. Demonstrate an ability evaluate and use ratio analysis as a technique in decision making and performance evaluation.
WHAT WILL YOU DO ON THIS COURSE?

The Financial Reporting - Self Paced course outline can be found below...



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Assessment

The course 6N4166 Financial Reporting is assessed in the following ways, with the following weighting;

  • Examination - Theory 60%
  • Assignment 40%

Examination - Theory

An examination provides a means of assessing a learner's ability to recall and apply knowledge, skills and understanding within a set period of time and under clearly specified conditions.

Assignment

An assignment is an exercise carried out in response to a brief with specific guidelines as to what should be included. An assignment is usually of short duration and may be carried out over a specified period of time.

Grading

Pass 50% - 64%

Merit 65% - 70%

Distinction 80% - 100%



Trainer Support

At Forus Training, we have many different supports available for your learning.

Learner Pack

  • When you enrol on a course, you will receive a printed learner pack from your trainer on the first session of the event.
  • This learner pack contains clear assessment instructions and material to support you as you complete the course.

Trainer Support

  • The trainer provides support to learners, including issuing feedback on draft work you will submit. Expect to wait up to 72 hours for response by email from your trainer - many of our trainers have full time jobs as well as training with us. This ensures that they are up to date with practice in the sector in which they work.
  • Trainers can, by appointment, make time available to you before or after class to answer queries that cannot be covered in the session. They can also make an appointment with you to discuss your work on a telephone call.

Assessment Upload Facility

  • We have a comprehensive assessment upload facility available to you. The assessment upload facility is easy to operate.
  • If it has been a while since you’ve studied, we have free, short presentations on Study Skills, Academic Writing and Harvard Referencing to assist you in your work.

Technical Support

  • Every Saturday, our Digital Ambassador Team holds a Zoom meeting – to assist learners with their technology related challenges - no question too small! The staff in this “Digital Ambassador“ role are experienced in accessing all of our systems, including the LMS and myforustraining.ie. They are positioned to assist with all the usual technology queries learners might have: Microsoft Office (Word, PowerPoint, Excel etc), email, file saving and organisation etc.
  • Technical support is available by phone to 044 9349400 or by email: hello@forustraining.ie or through the contact form on our website.

Compassionate Consideration

  • Where a Learner, pursuing an award, through no fault of his/her own, is unable to complete their assessment, the exit pathway below is in place to facilitate this Learner with an alternative course. The Learner is given the opportunity to obtain the Award by completing the course at an alternative date/location should they have relocated to an area where we provide the same award.
  • The following are examples of circumstances where a Learner is unable to complete their project/their course:

● Bereavement,

● Illness,

● Pregnancy,

● Relocation,

● Extenuating circumstances.

Learner Welfare

  • P9 S6 C6 Learner Welfare Policy and practices are fully integrated throughout teaching and learning experiences by both Trainers and staff to effectively meet the health and wellbeing needs of all Learners. The Forus Training welfare policy is focused on the welfare of all Learners and addresses any particular challenges individual Learners may be experiencing during their learning experience. The learning environment includes welfare support provided by staff for Learners which is fully integrated throughout the teaching and learning and organisation of teaching and learning to effectively meet the personal, social (wellbeing) and academic needs of Learners and staff. Please see the policy here P9 S6 C6 Learner Welfare Policy.

Supports for Learners with Disabilities and Specific Learning Difficulties

  • Forus Training is fully committed to complying with relevant policies and legislation with respect to equality and disability. Registered and potential Learners with verified disabilities or specific learning difficulties may be given compassionate consideration and reasonable accommodation to enable them to successfully complete their programme. This is arranged by the Course Coordinator.
  • A reasonable accommodation is any action that helps to alleviate a substantial disadvantage due to an impairment or medical condition. Such accommodations are put in place to help reduce these barriers in order to provide equality of access and opportunity for all. Reasonable accommodations are made for Learners on a case by case basis and must be supported with medical documentation. Both P9 S2 C6 Evidence of Disability Form and P9 S2 C6A Application Form for Reasonable Accommodation can be found at the following link:
  • https://forustraining.ie/knowledge-base/how-do-i-a...

You will be awarded a certificate 6N4166 Financial Reporting. QQI is the awarding body. Forus Training is a provider of education and training programmes and we issue certificates to learners who have reached the standard for a QQI award. The certificate you will receive on successful completion is a formal confirmation by QQI that you have demonstrated the knowledge, skill and competence required to achieve the named award. This Programme is validated by QQI and is coded 6N4166 Financial Reporting. This certificate which will be issued to you by us is an award listed on the NFQ (National Framework of Qualifications). This ensures the certificate is nationally and internationally recognised and has many potential uses; for example, for further / higher education or employment in Ireland or abroad.

This course leads to a level 6 award on the National Framework of Qualifications. Students who successfully complete this programme may use their credits towards completing a higher level of study in the area of Business/Management.

Students who successfully complete this Major Award can also use the Certificate as the basis for entry into selected courses in Third Level Colleges and Universities.

Click here to download a pdf version of – Progression from QQI Level 5 Certificates and Level 6 Advanced Certificates to Higher Education Courses 2017.

1 to 1 Tutorials
6N4166 SP Financial Reporting - Self Paced

380

Enquire now
Register by: 17:00 To Start Today
Start date: Start Today

Registration can take place through our website, this will involve you completing the relevant application form, providing us with your personal information so we can complete the registration on our side. Registration can also take place by telephone/email/Whatsapp or in person, this will involve you providing us details of the course you wish to study, providing us your payment details and agreeing to proceed with the purchase. By completing registration, you are agreeing to the terms and conditions set out herein.

Please read Terms & Conditions here.

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DO YOU WANT TO GET A COURSE BROCHURE?

This self-paced online module, will help you to prepare, analyse and interpret financial statements for a wide variety of organisations and to develop an understanding of the legal and regulatory framework surrounding financial reporting.

What is QQI?

QQI is the state agency responsible for the external quality assurance of further and higher education and training in Ireland.

QQI are responsible for the external quality assurance of further and higher education and training in Ireland.

QQI validate programmes, make awards and are responsible for the promotion, maintenance, development and review of the National Framework of Qualifications (NFQ).

QQI also inform the public about the quality of education and training programmes and qualifications, and advise the Government on national policy regarding quality assurance and enhancement in education and training.

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