Accounting

Accounting is the practice and body of knowledge concerned with:

  1. methods for recording transactions
  2. keeping financial records
  3. performing internal audits
  4. reporting and analysing financial information to the management
  5. advising on taxation matters

It is a systematic process of identifying, recording, measuring, classifying, verifying, summarising, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm’s assets, liabilities and owners’ equity. It provides information on the resources available to a firm, the means employed to finance those resources, and the results achieved through their use.

Accounting is sometimes called the “language of business”. It measures the results of an organization’s economic activities and conveys this information to a variety of users, including investors, creditors, management and regulators

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Study for an accounting qualification

LCCI Financial Accounting (IAS) Level 4 OpoleAn LCCI Financial and quantitative qualification opens doors for you in accounting, financial, marketing, customer services, business and administration fields. The qualification is recognised world-wide. It covers a range of essential topics to prepare students for university, professional qualifications, or direct employment in the financial sector.
There are four levels and three diplomas. An brief overview of what students must know and study at each level is provided below.

At Level 1

  • Bookkeeping

Level 2

  • accounts
  • business calculations
  • statistics
  • computer bookkeeping
  • cost accounting
  • principles of credit management

Level 2 diploma

  • accounts and finance
  • computerised accounting
  • finances for managing

Level 3

  • International Accounting Standards (IAS)
  • advanced business calculations
  • business statistics
  • cost and management
  • preparing financial statements for a sole trader
  • principles and practice of costing
  • auditing
  • professional ethics
  • understanding financial statements

Level 3 diploma – has the same topics as level 2. Greater understanding is required…

Level 4

  • Applied Business Economics
  • Business Finance
  • Banking Operations
  • Islamic Finance and Banking
  • Management finances
  • Organisational Behaviour and Performance

The Level 4 diploma qualifies you to work in this field.

Summary
Accounting English
Service Type
Accounting English
Provider Name
Best Language,
Konsularna 1/34,Opole,Opolskie-45-089,
Telephone No.883047684
Area
Opolskie
Description
Accounting is concerned with methods of transaction, keeping financial records, performing audits, reporting and providing advise on taxation

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Piers Midwinter

Piers Midwinter

Director and Freelance Teacher at Best Language
I am a director and a friendly Native English Speaking Teacher. I teach all kinds of English. I have organised Business English Courses for companies in the Opolskie region. I have been employed by TU Dresden to teach Business English to Masters students since October 2014.
Piers Midwinter
Piers Midwinter
Piers Midwinter

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Piers Midwinter
I am a sole trader and freelancer. My company: Best Language is a registered Language School. I have thus been able to work with Companies in Poland, Germany and England. Regon: 161579995 NIP: 5213439515 Registered address: Konsularna 1/34, Opole 45-089, Poland