ATHE Level 5 Diploma in Accounting (2024)

IntroductionEntry CriteriaQualification Content

The Level 5 Diploma in Accounting (60-credit) offers learners an introduction to essential Level 5 Accounting knowledge and skills. As an outcome, the Level 5 Diploma offers learners a substantive and yet succinct exploration of financial reporting and management.

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 2 mandatory units.

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 decisionmaking needs of small and medium enterprises (SMEs), and small and
medium practices (SMPs).