Search results
Results from the WOW.Com Content Network
There are five levels of NVQ, ranging from Level 1, which focuses on basic work activities, to Level 5 for senior management. Although NVQs such as NVQ Level 3 can be roughly translated as being at the same level as a GCE Advanced Level or BTEC Level 3 Extended Diploma, in terms of depth and vigor of study, the NVQ cannot be compared with other ...
The NQF was introduced to help employers compare the many hundreds of qualifications available in England, Wales and Northern Ireland. Originally, the framework only went up to Level 5, but in 2004 the old Level 4 was subdivided into Levels 4, 5 and 6 and the old Level 5 was subdivided into Level 7 and Level 8. [26]
Level 1: Directly Supervised/Entry –Level Worker; Level 2: Supervised Skilled Worker; Level 3: Independent or Autonomous Skilled Worker; Level 4: Specialized or Supervisory Worker; Level 5: Managerial and/or Professional Worker [14] CVQs are awarded to those candidates who would have met the required standards in all of the prescribed units ...
Scottish institutions offer a Higher National Diploma at Scottish Level 8. [2] National Diplomas can be used as an alternative to A-levels; students will study one subject for two years, instead of studying 2 or 3 A-level subjects. [3] One National Diploma is normally equivalent to 2 A-levels while a BTEC Extended Diploma is equivalent to 3 A ...
Management accounting is an applied discipline used in various industries. The specific functions and principles followed can vary based on the industry. Management accounting principles in banking are specialized but do have some common fundamental concepts used whether the industry is manufacturing-based or service-oriented.
[5] [6] From its formation in the 1980s, AAT offered a technician level qualification which was intended to support greater accessibility and availability of accounting and finance career routes (including to chartered status), even for those without existing credentials ('open access').
The Chartered Management Institute (CMI) is a professional institution for management based in the United Kingdom.It was founded as the British Institute of Management (BIM) in 1947 or 1948, merged with the Institution of Industrial Managers (IIM) in 1992 to form the Institute of Management (IM), and gained a royal charter, and its present name, in 2002.
Financial accounting aims at presenting 'true and fair' view of transactions, profit and loss for a period and Statement of financial position (Balance Sheet) on a given date. It aims at computing 'true and fair' view of the cost of production/services offered by the firm.