Financial Accounting (BTEC4 HNC unit) The Hague / Online)

Do you want to learn more about recording financial transactions, how to prepare a balance for a given organisation from data provided, how to reconciliations to ensure organisation and bank records are correct and how to perform control account reconciliate for accounts receivable and accounts payable?
So, sign up for the unit Financial Accounting with Kronenburgh Business College in The Hague: "Blended Learning" (in-class and / or online) part-time education for adults in business.
This unit is part of the international BTEC4 / HNC programme at university (HBO) level.

Profession
Balancing the books is at the heart of all business management. Financial accountants are concerned with the recording, summarising and interpreting of financial information and accounts. They must keep accurate and up-to-date records for different types of businesses.

What makes this program so special?

– The unit is part of the Internationally recognized Bachelor's programme Business and Management,
– You can obtain the unit BTEC4 HNC certificate,
– Use your own company as a case study,
– Blended learning: in class lectures but you can also participate with zoom,
– Access for students from all countries,
– Lecturers who work professionally in practice.

College programme

The overall aim of this unit is to introduce students to the essential principles of
recording and organising business and financial transactions to which every
organisation will need to adhere. Students will identify sources of accounting
information and how it is then gathered and organised, using the dual entry
bookkeeping system, in order to produce a trial balance.
On successful completion of this unit, students will be able to contribute effectively to the accounting and bookkeeping function of an organisation and understand how this is then the basis for producing financial statements. Students will be equipped with the knowledge and skills required to progress to a higher level of study.

Learning Outcomes
By the end of this unit a student will be able to:
LO1 Record business transactions using double entry bookkeeping, books of prime
entry, journals and ledger accounts
LO2 Prepare a trial balance for a given organisation from data provided
LO3 Perform bank reconciliations to ensure organisation and bank records are
correct
LO4 Perform control account reconciliations for accounts receivable and accounts
payable.

You will write an assignment that covers the learning outcomes.

Admission criteria

The unit is at university level (HBO).

Your level of English should be at the level of mbo4, havo or vwo / Common European Framework of Reference (CEFR) level B1
PTE 51, IELTS 5.5; Reading and Writing must be at 5.5,
or equivalent.
Students that have studied in English for last two years als have acces.

Examination

In order to be able to compare the education systems in the different European countries, the European Qualification Framework EQF was developed. The Bachelor’s program in Business and Management is rated as follows (see Nuffic):

Higher National Certificate in Business HNC: EQF5;
Higher National Diploma in Business HND: EQF5;
Top-up Business and Management: EQF 6 (in the Dutch system HBO or WO).

For this unit you can obtain the unit BTEC4 HNC certificate.

HNC and HND
Kronenburgh International Business School provides the HNC and HND programs under the license and supervision of Pearson. Pearson Education Ltd.: The UK’s largest diploma awarding body with academic and professional qualifications that are globally recognized and benchmarked. Pearson is the world’s leading training company. Pearson therefore provides the internationally recognized HNC certificate and the HND diploma.

The program is made up of BTEC units. The Ofqual Regulated Qualifications Framework (RQF) Qualification numbers are:

Pearson BTEC Level 4 Higher National Certificate in Business: 601/8364/0
Pearson BTEC Level 5 Higher National Diploma in Business: 601/8365/2

Assessment

We start the lecture day with a kick-off test about the theory of the previous lecture day. In this way we encourage you to really absorb a piece of theory every day of your lecture. You and the lecturer will also receive daily feedback on whether the theory has landed well or whether repetition or additional explanation is needed. At the end of the unit there is a theoretical test. The final mark for this test must be sufficient to be able to continue. This is therefore a conditional test.

You will receive an assignment for this unit. You show that you can apply the theory within a practical case. You will also look for extra relevant theory/literature and you will include a bibliography in your elaboration. You show that with a critical eye you can draw your own conclusions and formulate an advice based on literature. The assignment also includes a presentation part.

Planning

College times: 13.30-20.50.

College day: we offer the lectures on Tuesday afternoons and evenings.

College duration: 5 days

Time investment: As a guideline, we use one hour of homework for every hour of lecture. You also write an assignment.

In class and / or online: Blended Learning (we prefer to welcome you inclass, especially for the assessment)

Investment

Good to know

• Prices Pearson are subject to exchange rates.
• Pearson may change prices.
• Studystore literature is based on previous academic year prices. New bibliographies will not be available until the summer holidays.

Other costs

• You bring your own laptop. We work with Microsoft Office suite (Word, Excel, PowerPoint (full software versions, so no free or limited versions).
• Additional lecture material/literature may be charged.
• If sufficient study results are not obtained, there are costs for attending lectures, taking exams and assessments (depending on what is necessary).

Nice bonus
- No registration costs;
- No VAT on tuition fees;
- No arrangement costs;
- No reproduction rights fees.

Does the government support NL students?
Stimulation of the Labor Market Position (STAP) can be applied for up to € 1,000 per year via the UWV. An annual total budget of 218 million euros is available for the scheme, divided over 6 application periods. On = gone, so be on time!

An employer can set off employee training costs for tax purposes.

Further Learning

The best continuation offered by the Kronenburgh International Business School is the bachelor Business and Management with a specialisation in:

• International Business and Management,
• Business and Operations Management,
• Business and Marketing Management,
• Business and Legal Management,
• Business and Human Resource Management,
• Business Accounting and Finance Management.