Accreditation and MQF level
The accreditation status of this programme is a ‘‘Higher Education Programme’’. A CPD Award accredited with 2 ECTS credits (MQF/EQF Level 5) by the Malta Further & Higher Education Authority (MFHEA) in Accounting and Financial Management Essentials will be presented to delegates who obtain a minimum pass in the relative assignment.
Target Audience
This course has been designed for those professionals who wish to learn the essentials of accounting procedures. It is an essential course for those who are managing a company or a department, so that they will have the basic and essential skills in accounts. Other individuals who may benefit from this course:
- Human Resources Managers and officers
- Business Administration Executives
- Payroll Coordinators
- C-Level, Senior and Middle Managers
Entry requirements
Minimum of MQF/EQF Level 5 of Education (Commerce Related) OR minimum of 3 years work experience in Business Administration.
This course welcomes individuals from the legal age of 18 onwards.
Maturity Age is set at 23 years (no academic entry requirements are required for students over 23 years of age)
Duration & Mode of Attendance
This part-time course is made up of 5 evening sessions which are split over 5 days.
Course Delivery Mode – Live Webinars
This course will be delivered via live online webinars using Zoom.
The course trainers will be visible on screen via a professional webinar platform through which students can follow the trainer presenting live whilst also using a PowerPoint presentation and sharing other resources as necessary. Students will be able to interact with the trainer by sending questions or comments through the same webinar platform. Our student support team will assist all students with simple instructions on how to access the webinar online. A support line will also be made available to communicate with a student support officer in case of technical difficulties encountered during the live webinar.
All webinars will also be recorded and uploaded on the student online resources portal for future reference during home study. Trainers will also dedicate very regular Q & A times during the webinar to ensure all students can have the chance to ask questions and reach the intended learning objectives. The email and contact details of the trainer will also be made available in case students would wish to get in touch with the trainer throughout the course period.
Short 10 minute breaks will be given during the webinar.
How You’ll Learn
This course will be delivered via live online webinars. The course trainers will be visible on screen via a professional webinar platform, through which students can follow the trainer presenting live, whilst also using a PowerPoint presentation and sharing other resources as necessary.
Students will be able to interact with the trainer by sending questions or comments through the same webinar platform.
The course will also make use of:
- Online Presentations
- Video Lecturing;
- Q&A via online course forum;
- Online Q&A with Educator (Trainer).
The above are considered to be contact hours as all of the above will be under control of the instructor.
Method of Assessment
At the end of the course, students will be presented with the assignment questions, where students have four or five questions and need to choose three. The total word count for the total assignment is 3,000 words. Students need to submit the assignment as per the submission date on the assignment questions document provided.
Grading: The assignment questions will be corrected and students must achieve a pass mark of at least 50 marks, in order to be given a certification.
Language of course instruction & course materials
The course materials and the live webinars are in English.
Course Dates
| Modules |
Dates |
Time |
| Lesson 1 |
17/01 |
17:30 – 19:30 |
| Lesson 2 |
24/01 |
17:30 – 19:30 |
| Lesson 3 |
31/01 |
17:30 – 19:30 |
| Lesson 4 |
07/02 |
17:30 – 19:30 |
| Lesson 5 |
14/02 |
17:30 – 20:00 |
Please note that as per terms and conditions, LEAD Training Services reserves the right to alter course dates, times and venue in exceptional circumstances beyond its control.
Total Hours of Learning
This is an accredited course, which requires students to commit themselves and to be responsible for their own studies. Below is a suggested guideline of the number of hours each student should dedicate to self-studying and preparing for the final written assignment.
Total Course Contact Hours
(Live Online Webinars) |
10 |
Total Course Suggested Self-Study Hours
(reading for interest & further knowledge) |
38 |
Total Course Supervised Placement and Practice Hours
(Work placement supervision) |
0 |
Total Course Suggested Assessment Hours
(Take home assignment) |
2 |
Course Outline
Award in Accounting and Financial Management Essentials (MQF/EQF 5, 2 ECTS)
Trainer: Mr. Clayton Degiorgio
ECTS credits: 2
Learning Outcomes:
Learning Outcomes: at the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- Understand basic accountancy jargon and terminology
- Have a general knowledge on how to read statements and contents
- Understand the annual accounts of a company
- Understand and apply the essential numerical skills required for bookkeeping and accounting;
- Understand and explain the relationship between the accounting equation and double-entry bookkeeping;
- Record transactions in the appropriate ledger accounts using the double-entry bookkeeping system;
- Develop and maintain a Fixed Asset Register;
- Balance off ledger accounts at the end of an accounting period;
- Prepare a trial balance, balance sheet and a profit and loss account;
- Prepare office management related budgets;
- Prepare financial reconciliations (Bank and Payroll Reconciliations).
Knowledge – at the end of the module/unit the learner will have been exposed to the following:
- The Accounting Equation;
- The Double Entry System;
- Types of Accounting Documents;
- Trial Balance;
- Fixed Asset Register;
- Basic Financial Statements (Profit and Loss Account and Balance Sheet);
- Basic budgets;
- Financial Reconciliations
Trainers
Mr. Clayton Degiorgio
Clayton has graduated as a qualified Accountant with a Distinction from the University of Malta in 2015 and is a Certified Public Accountant and a Member of the Malta Institute of Accountants.
Having started his experience with Deloitte and Touche both within the Tax Department and Audit Department, he moved on to Accountancy related positions in the Industry. In his experience as an in-house Accountant, Clayton has worked in the services and manufacturing industries for six years. He currently holds the position of Chief Financial & Operations Officer with a reputable Maltese company operating within the retail industry.
Course Funding Options
For Individuals
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GET QUALIFIED SCHEME
Candidates can benefit from a 70% rebate of the course fee via tax credit. Get Qualified is an initiative that supports the personal development of individuals for the achievement of qualifications and certifications required by industry.
Learn more about this scheme »
