Diploma In Accountancy (Level 3)

Diploma In Accountancy (Level 3) in Nigeria 2025

Make an investment in your long-term career at one of the best business schools on the planet.

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Duration

6 Months

Pedagogy

Online

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This Level 3 Diploma in Accountancy provides essential knowledge and practical skills required for accurate financial management in a professional setting. Learners will explore the fundamentals of recording financial transactions, develop insights into management information systems, and understand the principles of maintaining financial records. The course equips individuals with the competencies necessary for supporting business operations and ensuring financial accuracy, compliance, and informed decision-making across various sectors.

Course Details

This Level 3 Diploma in Accountancy equips learners with essential knowledge and skills in recording financial transactions, interpreting management information, and maintaining accurate financial records. The course emphasizes practical application and supports learners in developing a solid foundation for roles in finance and accounting across various business settings.

Upon the completion of the diploma, the student will be able to learn the following:

Understand the principles and procedures involved in recording financial transactions.
Accurately process and record income, expenses, assets, and liabilities using appropriate documentation.
Apply double-entry bookkeeping techniques to maintain accurate financial records.
Interpret and present financial data to support informed business decisions.
Analyse management information to monitor business performance and financial health.
Prepare and maintain financial records in compliance with standard accounting practices.
Identify discrepancies in financial records and apply appropriate corrective measures.
Communicate financial information clearly and effectively to stakeholders using relevant reporting formats.

Accreditation

All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.

Entry Requirements

There are no formal entry requirements for this qualification.

Course Modules

This module provides the most critical information about the study course and assignment submission.

Navigating the MSBM Study Portal

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Course Structure and Guidelines

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Interacting with Lectures/Learning Components

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VIDEO - How to Avoid Plagiarism in Your Writing

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Harvard Referencing Style Guide

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How to Summarise - Assignment Guide

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Summarising, Paraphrasing, Quotation for your Assignment

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Offical Title Page

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Provides knowledge and techniques for managing reliable financial records, ensuring compliance with legal and regulatory standards. Topics include ledgers, journals, reconciliations, and the use of accounting systems to organize financial data effectively.

Unit 1 Introduction to Financial Records and Accounting Systems

Downloadable material to advance your understanding of this module.
Unit 2 Recording Financial Transactions and Journal Entries

Downloadable material to advance your understanding of this module.
Unit 3 Preparing and Managing Ledgers and Trial Balances

Downloadable material to advance your understanding of this module.
Unit 4 Maintaining and Reconciliation of Bank Accounts

Downloadable material to advance your understanding of this module.
Unit 5 Preparing Financial Statements and Reports

Downloadable material to advance your understanding of this module.

Focuses on the collection, analysis, and reporting of data that supports strategic planning and operational control. Learners will explore the role of accounting information in decision-making and performance monitoring within a business environment.

Unit 1 Introduction to Management Information Systems

Downloadable material to advance your understanding of this module.
Unit 2 Types of Management Information and Their Uses

Downloadable material to advance your understanding of this module.
Unit 3 Recording and Analyzing Financial Transactions

Downloadable material to advance your understanding of this module.
Unit 4 Data Interpretation and Reporting for Management Decisions

Downloadable material to advance your understanding of this module.
Unit 5 Budgeting, Forecasting, and Variance Analysis

Downloadable material to advance your understanding of this module.

Covers the accurate documentation of financial activities, including processing invoices, receipts, payments, and other business transactions. Emphasis is placed on the importance of accuracy, consistency, and the use of standard accounting procedures.

Unit 1 Introduction to Financial Transactions and Accounting Principles

Downloadable material to advance your understanding of this module.
Unit 2 Recording Transactions in Journals and Ledgers

Downloadable material to advance your understanding of this module.
Unit 3 The Trial Balance and the Accounting Equation

Downloadable material to advance your understanding of this module.
Unit 4 Adjusting and Closing Entries

Downloadable material to advance your understanding of this module.

Workshops

Workshops are conducted by live webinars for online students.

Classroom workshops are available if there is a local branch in your country. Speak to our course advisors on this subject.

Visa Requirements

There is no Visa requirement for this programme.