Award in English for Accounting Level 3 April 2012

Award in English for Accounting Level 3
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    Level 3 Award in English for Accounting For further information contact us: Tel. +44 (0) 8707 202909 Email. LCCI International Qualifications Syllabus Effective from September 2010       Page 3 of 17 INTRODUCTION EDI is a leading international awarding body that was formed through the merger of the London Chamber of Commerce and Industry Examinations Board (LCCI) and GOAL, a leading online assessment provider. EDI now delivers LCCI International qualifications (LCCI IQ) through a network of over 5000 registered centers in more than 120 countries worldwide. Our range of business-related qualifications is trusted and valued by employers worldwide and recognised by universities and professional bodies. Level 3 Award in English for Accounting Aims The aims of the qualification are to enable candidates to develop an ability to understand and apply the specific vocabulary, terminology and abbreviations generally used in written accounting contexts at the Council of Europe B2 level. Target Audience and Candidate Progression This Qualification is intended for non-native English speakers, working or intending to work in an accounting related function, who wish to demonstrate their understanding and abilities to use book-keeping and accounting vocabulary and terminology in English at the Council of Europe B2 (Vantage) level.   English for Accounting is also suitable for candidates who are pursuing or have already passed LCCI financial qualifications and wish to demonstrate their understanding and abilities to use vocabulary and terminology in book-keeping and accounting in English. There are no formal entry requirements for this qualification. However, candidates should have achieved the Council of Europe B1 Threshold level, gained either through previous learning or employment or both, and should be able to communicate in a familiar business situation effectively, or with only minimal assistance or supervision. It is also recommended that the candidates have a sound basic background in accounting or finance. This qualification can be taken in its own right or as a part of the following diplomas:   Level 3 Specialised Diploma in Accounting and Finance   Level 3 Specialised Diploma in Managerial Accounting   Level 3 Specialised Diploma in Cost Accounting   Level 3 Specialised Diploma in Business Management and Accounting Structure of the Qualification The Level 3 Award in English for Accounting is a single unit qualification which covers the use of accounting terminology and lexis in written accounting contexts at CEF B2 Level. The target lexis is based on the frequency of its occurrence in written accounting texts and will cover the following areas: 1. Descriptions of people, roles and relationships in an accounting context    Page 4 of 17 2. Descriptions of functions and actions (e.g. book-keeping, auditing, advising  ) 3. Group descriptions (e.g. work teams and personnel/business networks ) 4. International rules and regulations (e.g. IFRS, UK & US GAAP  ) 5. Accounting statements, reports and documentation:   Financial reports and statements (e.g. balance sheets, profit and loss statements, annual reports )   Internal company documents (e.g.  purchase orders, budget planning, cost control  )   Accounting software documentation   Auditing documentation   Bookkeeping documentation   International taxation documentation   Corporate governance documentation 6. Correspondence 7. LCCI past papers The syllabus includes a comprehensive sample, but not an exhaustive list, of vocabulary items that will be tested. Guided Learning Hours EDI recommends that 50 Guided Learning Hours (GLHs) provide suitable course duration for an ‘average’ candidate at this level. This figure includes direct contact hours as well as other time when ca ndidates’ work is being supervised by teachers. Ultimately, however, it is the responsibility of training centers to determine the appropriate course duration based on their candidates’ ability and level of existing knowledge. EDI experience indicates th at the number of GLHs can vary significantly from one training centre to another.   Assessment Assessment objectives The assessment will require candidates to complete a series of discrete-point test items which will cover the following areas:   denotation (meaning) - the candidates will be required to demonstrate the knowledge of the explicit or direct meaning or set of meanings of a word or expression within an accounting context.    collocation (lexical patterns) - the candidates will be required to demonstrate knowledge of common co-occurrence of words within an accounting context.
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