ATHE Level 5 Extended Diploma in Accounting (2024)

IntroductionEntry CriteriaQualification Content

The Level 5 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, including an optional choice. There are a range of additional units here which extend knowledge into related subjects such as financial/management control, business taxation, quantitative methods and aspects of financial assurance.

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:

  • ATHE Level 4 Diploma/Extended Diploma in Accounting
  • other related level 4 subjects such as the ATHE Level 4 Extended Diploma in Business and Management
  • 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 4 mandatory units and 1 optional (opt) unit.

Unit NameUnit AimsCreditsMandatory
Financial ReportingThe aim of this unit is to enable learners to extract accurate financial data
from business accounts in order to prepare financial statements for
different types of business organisations. Learners will be able to assess
business processes and performance and make justified
recommendations for improvements.
Financial ManagementThe unit aims to develop the financial management skills of those who
manage or seek to manage the performance, risk and financial decision-making needs of small and medium enterprises (SMEs), and small and
medium practices (SMPs).
Financial and Management ControlThe aim of this unit is to develop the financial management skills of those
who manage or seek to provide information for performance
management, continuous improvement, budgetary and financial control
and the management of internal risk in small and medium enterprises
(SMEs) and small and medium practices (SMPs).
Business TaxationThe aim of this unit is to enable individuals to understand taxation as it
affects small and medium enterprises (SMEs) and small and medium
practices (SMPs). To provide individuals with the skills to prepare basic
tax computations and advise others of the effects of taxation and impact
of tax on decision-making.
Quantitative MethodsThis unit will enable learners to further develop understanding and skills
in the application of quantitative methods appropriate to support decision
making in organisations.
AssuranceThe aim of this unit is to provide learners with an understanding of the
concept of assurance. Learners will consider the responsibilities of
different stakeholders when completing assurance engagements and will
gain an understanding of internal controls and their importance in
assurance engagements as well as gain a practical understanding of how
to gather the required evidence for all assurance activities.