Diploma in Financial Reporting and Taxation at QLS Level 4

Access Duration - 365 Days
Awarded By Endorsed by "Quality Licence Scheme"
Guided Learning Hour 180 Guided Learning Hours (180)
Course Material Course Material
Number of Modules  23 Number of Modules 23
4.8( 4 REVIEWS )

Endorsed by


What Will I Learn?

Gain a clear understanding of your job role in accounting and tax
Become an expert at producing financial statements
Gain a thorough understanding of taxes, types of taxes and taxes in financial statements
Learn about employee benefits.
Understand accounting standards, principles and policies.
Learn about financial statements covering associates.


The Diploma in Financial Reporting and Taxation at QLS Level 4 is a comprehensive course perfect for individuals working in accounting and taxation. Financial accounting is integral to any organisation and financial accountants are in high-demand. With a big competition amongst your peers, it is always good to get qualified and keep ahead of the curve. Learn how to remain employable and impress your employer with new skills and knowledge.

The course will cover key topics which include ISAB accounting framework, producing financial statements, learn about intangible assets, understand accounting standards, gain an overview of taxation and understand receivables and payables management. Once learners have acquired a thorough knowledge of financial accounting and taxation, they can advance in their career in the accounting industry.

The Diploma in Financial Reporting and Taxation at QLS Level 4 will enable individuals to become effective financial and tax accountants. Students will also find the course effective if they want to have a career in financial accounting.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 4 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Why Choose Global Edulink?

Global Edulink offers the most convenient path to gain skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at Global Edulink and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules and free resources which include Free CV writing pack, free career support and course demo to make your learning experience more enriching and rewarding.

Who is this Course aimed at?

  • Accounts Officer
  • Accountant, Accounts Executive
  • Tax Accountant
  • Auditor
  • Account Assistant
  • Anyone who is looking to gain knowledge and skills in Financial Reporting and Taxation.
  • Method of Payment
  • Access Duration
  • Entry Requirement
  • Method of Assessment
  • Certification
  • Endorsed by
  • Progression and Career Path
  • Other Benefits
Choose the payment method that best suits you!
  • Full package: A onetime fee of £269.00 can be paid to access this course, which includes the awarding body registration fee and assessments fee.
  • Installment basis: The total price is £278.00, from which an initial fee of £99.00 can be paid to buy the course. The remaining amount can be paid as £179.00 assessment respectively. (Pay in 04 Installments)
The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at any time.
  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A qualification at level 3 or above in any discipline.

In order to complete the Diploma in Financial Reporting and Taxation at QLS Level 4 successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.

While the submission of your assignment is compulsory for you to get your Quality Licence Scheme certification, you can also receive another CPD & iAP, free e-certificate if you take a 20 multiple choice exam.

Those who successfully complete the course will be issued the Diploma in Financial Reporting and Taxation at QLS Level 4 by the Quality Licence Scheme.

Course Code: QLS-04457

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

This certificate will enhance your skills to work for a number of job positions in the accounting or finance industry. You can also use this certificate to win the job promotion or salary increment you have been wishing for to progress in your career. Mentioned below are some of the job positions this certificate will help you in, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner,

  • Accountant – £28,565 per annum
  • Tax Accountant – £29,001 per annum
  • Accounts Assistant – £18,883 per annum
  • Accounts Executive – £22,243 per annum
  • Staff Accountant – £24,115 per annum
  • Accounting Assistant – £20,352 per annum
  • Accounting Clerk – £17,609 per annum
  • Accounts Payable Clerk – £19,801 per annum
  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Excellent Tutor Support Service (Monday to Friday)
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for  TOTUM discount card

Key Features

Gain an Accredited UK Qualification
Access to Excellent Quality Study Materials
Personalised Learning Experience
Support by Phone, Live Chat, and Email
Eligible for TOTUM Discount Card
UK Register of Learning Providers Reg No : 10053842

Course Curriculum

1: Regulation of Accounting and Financial Reporting
Regulation of Accounting and Financial Reporting
2: IASB Accounting Framework
IASB Accounting Framework
3: Introduction to the Financial Statements
Introduction to the Financial Statements
4: IAS 2 Inventories and None Current Assets
IAS 2 Inventories and None Current Assets
5: Intangible Assets
Intangible Assets
6: Producing Financial Statements
Producing Financial Statements
☑ Assignment
☑ Submit Your Assignment
7: The Statement of Cash Flows
The Statement of Cash Flows
8: Group Accounts
Group Accounts
9: The Statement of Financial Position
The Statement of Financial Position
10: The Income Statement
The Income Statement
11: Associates
12: The Accounting Standards
The Accounting Standards
☑ Assignment
☑ Submit Your Assignment
13: Employee Benefits
Employee Benefits
14: Tax Overview
Tax Overview
15: Types of Tax
Types of Tax
16: International Tax and Tax in the Financial Statements
International Tax and Tax in the Financial Statements
17: The Role of the External Auditor
The Role of the External Auditor
18: Corporate Governance
Corporate Governance
☑ Assignment
☑ Submit Your Assignment
19: Ethics and Financial Reporting
Ethics and Financial Reporting
20: Managing Capital Management
Managing Capital Management
21: Receivables and Payables Management
Receivables and Payables Management
22: Inventories and Cash Management
Inventories and Cash Management
23: Short Term Finance and Investment
Short Term Finance and Investment
☑ Assignment
☑ Submit Your Assignment
Exam Quiz
Exam : Diploma in Financial Reporting and Taxation at QLS Level 4 00:30:00

Students feedback


Average rating (4)
5 Star
4 Star
3 Star
2 Star
1 Star
    V C

    Val Campbell

    January 25, 2021
    Overall, superb

    This course was highly detailed and thorough and taught me a great deal on working in accounting and taxation. The training was up to the mark, extensive and every bit of information was useful particularly as I aim to meet my goal of accountant.

    E W

    Erin Wilson

    December 28, 2020
    Good fit

    The topics discussed at length gave depth to the course.

    D J

    Denny Jordan

    November 08, 2020
    Expert information

    The tutor was an expert in providing an overview of taxation. As someone who hopes to be a tax accountant, this course couldn’t have come to me at a better time.

    A R

    Aubrey Rogers

    October 13, 2020
    Professional training

    I was interested in taking this course because I wanted to gain a professional training in this subject. In fact, this course came highly recommended to me by my employer who himself had taken this course and raved about its standard.

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