Specifications

Qualification title: LEVEL 5 DIPLOMA IN ACCOUNTING AND BUSINESS
Qualification type: ACCOUNTING AND BUSINESS BASED ON CREDIT SYSTEM
Level: 5
Accreditation status: Accredited
Credit Equivalency: 120 Credits
Qualification number: 202/1423/7
TOTAL LEARNING HOURS: 1200 Hours
GUIDED LEARNING HOURS : 360 Hours
Availability: UK and international
Course Brochure: Download Brochure

Qualification Overview

This qualification aims to equip students with the skills necessary for effective people management in an accounting-focused organizational setting. They'll delve into leadership styles, team management, and strategies to boost team performance. Communication and interpersonal skills will be emphasized to cultivate a positive work environment. Moreover, students will gain insights into ethical decision-making and professionalism specific to the accounting field.

The qualification also focuses on fostering a deep comprehension of ethics and commercial accountability tailored to accounting. Learners will explore ethical decision-making frameworks, emphasizing corporate governance, social responsibility, and ethical obligations to stakeholders. They'll critically assess how ethical practices impact financial performance and an accounting organization's reputation. Furthermore, this qualification aims to develop a comprehensive understanding of financial management principles within the accounting context. Students will explore various financial decision-making techniques, including budgeting, investment appraisal, and analyzing capital structure. The emphasis will be on financial planning, risk management, and optimizing financial resources to meet organizational objectives. Additionally, students will study financial reporting and analysis, interpreting statements to guide informed decision-making in accounting and business operations.


Units

S.No. Unit Code Unit Title Unit Specification Credits GLH TLH
1 A/214/5007 Management of People in an Organisation Essential Unit 20 60 200
2 A/214/5008 Ethics and Commercial Accountability in Business Essential Unit 20 60 200
3 A/214/5009 Financial Management Essential Unit 20 60 200
4 A/214/5010 Financial Planning and Control Essential Unit 20 60 200
5 A/214/5011 Financial Reporting Essential Unit 20 60 200
6 A/214/5012 Canons and Practices of Taxation Essential Unit 20 60 200
Total 120 Credits 360 Hours 1200 Hours

Learning Outcomes

  • Demonstrate the ability to manage people in an organization by understanding leadership, motivation, and team-building principles.
  • Incorporate ethical considerations and demonstrate accountability in decision-making and business operations.
  • Develop financial plans and implement control mechanisms to ensure financial stability and achievement of organizational goals.
  • Generate clear and accurate financial reports that provide meaningful insights to stakeholders.
  • Gain a comprehensive understanding of taxation laws and apply them in compliance with regulatory requirements.
  • Evaluate financial performance and identify opportunities for improvement through financial planning and control.
  • Demonstrate proficiency in financial and ethical governance principles, ensuring transparency and accountability in business operations.
  • Apply financial management techniques to effectively allocate resources, optimize financial performance, and enhance organizational sustainability.
  • Analyze financial data to make informed decisions that support organizational growth and profitability

Entry Requirements

  • Learners who possess Qualifications at Level 2 and/or;
  • Learners who have work experience in a business environment and demonstrate ambition with clear career goals;
  • Learners who possess a level 3 qualification in another discipline and want to develop their careers in business management.