About Informatics Academy

The Informatics Academy has been institutionalized to ensure that its award, bearing the quality assurance mark, will be recognised and accepted by employers and universities for employment and transfer credit respectively.

The Informatics Academic Governance is the backbone on which the quality of our awards is judged. Collectively, the Academic Council interacts with the International Advisory Panel and thereby empowers Examination Council and Examination Board the authority to grant the Informatics Academy awards.

Represented by a group of respected and experienced academic leaders drawn from universities in the United Kingdom, Australia and the United States of America, each member of the International Advisory Panel brings with them a wide range of educational leadership and management experience. The Academic Council is responsible for the academic affairs for Institute of Information and Communication Technology, Institute of Business, Finance and Management, Institute of Engineering and Institute of Knowledge Economy.

You can get more information about the Informatics Academy from the following link: http://www.informaticsgroup.com/ia

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About NCC Education

Originally part of the National Computing Centre, NCC Education started offering IT qualifications in 1976 and from 1997 developed its Higher Education portfolio to include Foundation and Business programmes. With Accredited Partners in over 45 countries, five International Offices and Academic Managers worldwide, NCC Education employs the latest technologies for learning, assessment and support.

NCC Education qualifications range from ICT for schools to the International Degree Pathway in Business or IT. The programmes are recognised by universities, professional bodies and employers. Learners are able to upgrade their skills on professional development modular programmes or complete their University Degrees and Masters in their home country or in the UK.

Visit NCC Education official website: http://www.nccedu.com/

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About the Programme

The programme is intended for those seeking a career in Accounting. It arms prospective students with the knowledge and disciplines required in the Accounting area of the business.

This programme also satisfies the growing demand for a course offering in-depth study that lead to a higher degree of specialisation. It aims to train and prepare students with a blend of educational knowledge and practical experience with the ability to prepare financial statements and information in accordance with basic accounting concepts and conventions in accordance with current accounting standards and practice.

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Programme Benefits

Provides candidates a with a higher level of knowledge and skills appropriate to the application of Accounting

• Grasp the fundamental principles, theories and concepts of accounting and analysis of Accounting information sources
• Understand cost behaviour, profit control
• Ability to use, analyse and interpret accounting statements and information for management and decision-making
• Understand the roles of business and corporate law, economics and statistics applicable to Accounting arena

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Entry Requirements

• LCCI
• GCE 'A' Level
• The Associate of Chartered and Certified Accountants (ACCA) Level 1 partially completed
• The Chartered Institute of Management Accountants (CIMA) Level 1 partially completed
• The Association of Accounting Technicians (AAT) Level 2
• Certified Accounting Technicians (CAT) Level B
• Other equivalent qualifications deemed appropriate by Informatics Academy and NCC Education

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Programme Duration

The programme is conducted over a period of 12 - 36 months.

Programme Structure

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Programme Pathway

Awarded by

Programme Synopsis

Accounting 1

• Understand the accounting principles underlying the recording of business transactions.
• Preparation of accounting statements in accordance to the basic accounting concepts and conventions and current accounting standards and practice with reference to:
  • Disclosure of accounting policies
  • Stocks Valuation
  • Accounting for depreciation
  • Cash flow statements
  • Group accounts
  • Ability to use, appreciate, analyse and interpret accounting information in the financial statements

Cost Accounting

• Understanding the Costing systems
• Application of the Costing methods, principles and techniques on operations, processes, departments, products or services including:
  • Accounting for Materials, Labour, Overheads and Processes
  • Stock Control
  • Marginal Costing
  • Budgetary Control
  • Standard costing and variances
  • Accounting Systems
• Responsibilities for effective use of resources involving control by variance analysis
• Relevant costs for decision-making

Economics

• Acquire an awareness and understanding of fundamental economic theories, concepts and policies, apply economic principles and concepts to decision making in a business environment; and understand the general economic environment and its effect on business organisations and their markets.

Principles of Business Law

• Demonstrate an understanding of the underlying principles of Business Law, demonstrate a working knowledge of the Law Contract and its practical application. Students will also understand and apply legal principles relating to Sale of Goods and Credit. They will acquire and demonstrate an understanding of the Law of Employment and the Law of Torts.
• Demonstrate an understanding of the Legal environment in which businesses operate, together with the impact of European Community Law upon the business environment.

Introduction to Financial Accounting

Understand the principles and mechanics of Accounting, preparation and presentation of financial statements for sole traders, partnerships and limited companies in accordance to the basic accounting concepts and conventions.

Product and Marginal Costing

• The purpose of element of cost and its application in computing cost of a product, item, job, batch, service and a contract
• The student should be able to compute various stock control levels and value store issues on the basis of LIFO FIFO and weighted average cost basic
• Ability to compute wages of workers on the basis of time and output and understand the treatment of overtime pay
• Be able to prepare an overhead analysis, schedule and calculate rates of absorption. Ascertain over or under absorption of an accounting period
• Understand various costing methods and their application
• Be able to compute cost of a job, product and a service including fixing a selling price

Management 1

The objectives, roles, functions and various forms of business organisations as they adapt to a dynamic and changing environment will be covered. An in-depth understanding of the nature of the management process in action will be appreciated. Students will be taught how to relate to the principles and theories of management to the actual practice as applied to the functional organisation of business and the effective performance of those who work in it.

Management Accounting 1

The aim of this syllabus is to develop the candidate's knowledge and understanding of the management accounting principles involved in:

• Short-term cost behaviour
• Decision making: short and long term
• Short-term profit control
• Cash and working capital management
• Product cost ascertainment
• Transfer Pricing and Performance Evaluation

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Contact Us

Contact us to find out more about our programmes.

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