The V Level in Accounting and Finance teaches you to interpret, analyse and evaluate financial information. If you enjoy numbers and solving problems, you'll build skills to support your ambitions. You'll learn about budgeting, financial records and digital accounting systems. You'll analyse costs and income, compare financial options and practise explaining your findings clearly and responsibly.
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What will I study?
Unit 1 - Principles of accounting This exam unit looks at the underlying context, concepts and principles that organisations use to generate, process and communicate accounting information, and the impact of digital systems and emerging technologies.
Unit 2 - Principles of financial management This exam unit explores the financial tools, including budgeting and break-even, that are available to help organisations make informed decisions when managing and planning their finances.
Unit 3 - Making financial decisions This unit explores the different options that might be available when an organisation needs to make a financial decision, and how accounting and finance information can inform decision making.
Unit 4 - Communicating financial information This unit looks at how financial information from an organisation can be interpreted and communicated to suit the different needs of stakeholders, and the ethical and regulatory requirements when doing so.
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Who is this course for?
This course is ideal if you have an interest in accounting and finance and wish to gain a Level 3 qualification in Accounting and Finance.
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How is the course assessed?
This course is assessed through a split structure of timetabled external examinations and controlled assessment methods. Timetabled External Examinations (40%) Internal & Practical Assessment (60%)
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Your Study Programme
If you are aged 16-18, you will join a Study Programme this could be a vocational or technical qualification. We will make sure you are working at the right level on your core qualification and are challenged to achieve the highest level of qualification you can.
Work experience will be part of your study programme and complement your college study and prepare you for employment. You will also get involved in activities to help you develop life skills and to build your confidence so you can make progress in your career.
If you have chosen to study for a T Level qualification, this will involve college-based theory and practice lessons along with relevant work placement to enable you to gain the knowledge, skills and behaviours that employers are looking for. Weekly timetables will include tutorial support which may comprise of full group activities or one to one sessions to discuss individual progress or support needs.
All students will continue to improve their maths and English and if you don't have a grade 4 (C) at GCSE, we will work with you towards achieving that goal (subject to specific entry requirements for particular courses).
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General info
You may be required to go on trips or purchase a kit and uniform to undertake this course. Information about individual items and their associated costs will be sent to you in June/July before you enrol.
Some students may be eligible for support from the Student Bursary Scheme with the costs of coming to college. Applications are available on the college website under Student Support. If you require further assistance or would like to speak with a member of Student Services, please email financial.support@northamptoncollege.ac.uk or call 01604 734333.
If you are applying for financial assistance, please do not purchase any kit items. If your application is successful, the necessary items will be provided to you.
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Progression and Career Opportunities
You could progress to further study or an apprenticeship in accounting or finance. With further training, you could become an accounting technician, finance officer or accountant.
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Entry Requirements for new students
Four GCSEs at grade 4 or above including English and Maths.
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Admissions Process
We recommend that you attend one of our exciting open events so that you can look around the department, the college and meet the tutors. You are welcome to do this before or after you apply.
These events have proved very successful in ensuring students and their families see the best of what the college has to offer such as our inspirational teaching areas, teachers, library facilities and places to eat.
Once you have applied our experienced Enrolment Team will consider your application carefully and will let you know, by email, if the College would like to make you a conditional offer based on you meeting the specified entry requirements.
If your predicted grades or career aims suggest that an alternative subject area or course level would be more appropriate for you at this stage, we will contact you either by telephone, email or text. If you have told us that you have some additional support needs we will contact you to find out more so that we can help you.
