ATHE Level 5 Extended Diploma in Accounting (2024)
Introduction
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.
Grading
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.
Qualifications
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
Language
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 Name | Unit Aims | Credits | Mandatory |
|---|---|---|---|
| Financial Reporting | The 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. | 30 | Yes |
| Financial Management | The 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). | 30 | Yes |
| Financial and Management Control | The 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). | 30 | Yes |
| Business Taxation | The 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. | 15 | Yes |
| Quantitative Methods | This unit will enable learners to further develop understanding and skills in the application of quantitative methods appropriate to support decision making in organisations. | 15 | Opt |
| Assurance | The 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. | 15 | Opt |
