Diploma in Accounting and Finance Level 5

Diploma in Accounting and Finance Level 5

Accounting and finance are at the very heart of business operations. From banking to manufacturing, from huge service industries to micro businesses, the ability to manage, plan and account for money is still the ultimate measure of business success and the key driver of growth. The objective of the Level 5 Diploma in Accounting and Business qualification is to provide learners with the knowledge and skills required by a middle manager in an organisation that may be involved in financial management, financial planning and control, financial reporting, taxation and people management.

Entry Requirement

For entry onto the Level 5 Diploma in Accounting and Business qualification, learners must possess:

  • ● Relevant NQF/QCF/RQF Level 3 Award/Diploma or at the level of GCE/GCSE or equivalent qualification
  • ● Learner must be 18 years or older at the beginning of the course.
  • ● Mature learners (over 21) with management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme).
  • ● English requirements: If a learner is not from a majority English-speaking country must provide evidence of English language competency. For more information visit English Language Expectations page..

Structure

The Level 5 Diploma in Accounting and Finance consists of 6 mandatory units for a combined total of 120 credits, 1200 hours Total Qualification Time (TQT) and 480 Guided Learning Hours (GLH) for the completed qualification.


Mandatory Units


  • ● Financial Management (20 credits)
  • ● Financial Planning and Control (20 credits)
  • ● Financial Reporting (20 credits)
  • ● Taxation Principles and Practices (20 credits)
  • ● People Management (20 credits)
  • ● Business Ethics and Corporate Social Responsibility (20 credits)

Progression

Successful completion of Level 5 Diploma in Accounting and Business qualification provides learners the opportunity for a wide range of academic progressions including progression to Level 6 Diploma in Accounting and Finance, and other relevant Level 6 Diplomas. The Level 5 Diploma in Accounting and Finance has been developed with career progression and professional recognition in mind. As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to gain direct entry into the final year of a three-year UK Bachelor’s degree.