ATHE Level 4 Extended Diploma in Accounting (2024)

IntroductionEntry CriteriaQualification Content

The Level 4 Extended Diploma in Accounting (120-credit) builds on the core accounting foundation offered by the Diploma and offers learners access to further learning for a broader and more rounded understanding. There are a range of additional units here which extend knowledge into related practical business subjects like taxation, the business environment, accounting law and economics.

This is a core qualification available to existing and interested centres of ATHE.

Graded with Pass, Merit and Distinction.
Advanced learner loans available in the UK – to check if funding is available see the latest Qualification Catalogue here.
For the progression routes visit our progression routes page.

Delivery Mode
This qualification can be delivered either in the classroom, via distance learning or blended, part-time or full-time.

Qualification Specification
To view the specification, please click here.

Typical Age

This qualification is designed for learners who are typically aged 18 and above.


For learners who have recently been in education or training the entry profile is likely to include one of the following:

  • a GCE Advanced level profile with achievement in 2 or more subjects supported by 5 or more GCSEs at grades 4 and above
  • other related level 3 subjects such as ATHE level 3 Diplomas
  • an Access to Higher Education Certificate delivered by an approved further education institute and validated by an Access Validating Agency
  • other equivalent international qualifications


For those whom English is not their first language we recommend the following standards of proficiency in English language skills or an approved equivalent for this qualification:

  • IELTs 5.5
  • Common European Framework of Reference (CEFR) B2
  • Cambridge English Advanced (CAE) 162 or above
  • Pearson Test of English (PTE) Academic 42-49

Learners must complete all 8 mandatory units.

Unit NameUnit AimsCreditsMandatory
Financial Accounting 1The aim of this unit is to develop the financial reporting skills of those
who manage or seek to manage the day to day finances and financial
needs of small and medium enterprises (SMEs) and small and medium
practices (SMPs).

The unit will develop the ability to prepare financial
statements according to the International Accounting Standard for Small
and Medium-Sized entities (IFRS for SMEs) and to interpret financial
statements prepared according to that standard.
Financial Accounting 2Learners will develop the ability to prepare financial statements according
to the International Accounting Standards for Small and Medium-Sized
entities (IFRS for SMEs). Learners will gain knowledge and skills
required to enable them to measure performance and assess the
financial position of small and medium enterprises (SMEs) and small and
medium practices (SMPs).
Budgetary ControlThe aim of this unit is to develop knowledge and ability in identifying and
evaluating sources of finance, managing and improving working capital,
preparing budgets for functional departments and understand the
importance of budgetary control for small and medium enterprises
(SMEs) and small and medium practices (SMPs).
Cost and Management AccountingIndividuals will have the skills to provide relevant information for shortterm and long-term decision making in relation to costing and pricing,
whilst ensuring that employees are motivated to achieve individual
objectives and the objectives of the business as a whole.
Personal TaxationThe aim of this unit is to enable individuals to understand taxation as it
affects individuals within the regulatory context in which they are working.
For the UK, the unit will focus on income tax, National Insurance (NI)
contributions and capital gains tax. In other jurisdictions, equivalent
personal taxes should be explored.
Business EnvironmentThis unit will develop learners’ understanding of the business
environment and the internal and external conditions in which different
organisations operate. Learners will also gain understanding of
organisational responsibilities and structures.
Economics for BusinessThis unit will provide learners with the knowledge and understanding of the
national and international economic environment and their impact on how
businesses operate. They will also consider the implications for business
of changes in the economic environment.
Law for AccountingThe aim of the module is to develop understanding of how law within a
national jurisdiction impacts on business organisations and professional
accountancy practice.