Level 5 Extended Diploma in Accounting (RQF)

• Access Duration: 12 Months
• Awarded by: ATHE
• Credit Value: 120
• Guided Learning Hours: 480
• Total Qualification Time: 1200
• Qualification Level: 5
• Qualification Number: 610/3312/1

• Demonstrate knowledge of accounting concepts, including financial reporting, auditing, and taxation, applicable to various organisational settings.
• Apply advanced techniques in financial analysis, budgeting, and cost management.
• Acquire knowledge on how to prepare, analyse, and interpret complex financial statements in accordance with regulatory and professional standards.
• Understand and implement managerial accounting principles to support business strategy.
• Understand tax legislation and compliance requirements, enabling effective tax planning and management.
• Acquire the skills to conduct internal and external audits, ensuring the integrity and accuracy of financial information in line with auditing standards.

Take Your Accounting Skills to the Next Level

With a rapidly growing accounting and finance industry, this Level 5 Extended Diploma in Accounting prepares you for both immediate employment and higher academic pursuits. You are well-positioned to take on roles such as financial accountant, financial analyst, or tax advisor. This extended diploma also serves as a pathway for an MBA or long-term career growth opportunities.

Here are some career prospects you can explore, along with the average UK salary per annum (approximately) according to Glassdoor.

• Entrepreneur – £70,984
• Business Owner – £66,984
• Finance Manager – £65,984
• Financial Analyst – £51,984
• Accountant – £50,984
• Tax Advisor – £45,984
• Management Accountant – £44,984
• Auditor – £44,984

• Learners must be over the age of 18.
• ATHE Level 4 Diploma / Extended Diploma in Accounting.
• Other related Level 4 subjects such as ATHE Level 4 Extended Diploma in Business and Management.
• Other equivalent international qualifications.
• Proficiency in English language or an approved equivalent.

• This course can be completed in a matter of months or over the course of a year. Most learners will complete this course in 9-12 months. Some learners may complete the course quicker, depending on their personal circumstances and available study time. We will accommodate your pace, providing unlimited support for 12 months.
• The ATHE Level 5 Extended Diploma in Accounting requires approximately 480 guided study hours. This figure is an estimate and depends on how much time you can dedicate to your studies and how quickly you grasp the teaching, learning concepts, and course materials.

• Written Assignments: There are five units. You will complete written assignments which will be carefully reviewed and evaluated by an assessor. These assignments will allow you to demonstrate your knowledge of the course theory. You can achieve a Pass, Merit, or Distinction for each unit based on the quality of the work submitted. (Pass 360 – 431, Merit 432 – 539, Distinction 540). To pass a unit, you must successfully meet all the learning outcomes at the pass level according to the assessment criteria for that unit. To earn merit or distinction, you need to show that you have met the higher standards required for those grades.
• Internal Marking and Feedback: All completed assignments are marked internally within South London College. You will receive constructive feedback and guidance from your personal tutor, which will support your learning and improvement.
• Assessor Support: You will have comprehensive access to support from assessors via various channels including telephone, WhatsApp, online discussions, email, and web chats.

For further details or any specific questions about the assessment process, please click the ‘Enquire Now’ button below to get in touch with us.

Next Steps for a Possible Academic Progression Pathway:

• Level 7 Extended Diploma in Accounting and Finance
• Bachelor’s Degree in Accounting or Finance
• Master of Science (MSc.) in Accounting

Alternative progression pathway;

• Chartered Institute of Management Accountants (CIMA)
• Level 6 Extended Diploma in Management

Ofqual-regulated qualifications are overseen by the Office of Qualifications and Examinations Regulation (Ofqual) in England. Ofqual is England’s main government-appointed regulatory body regulating school, college, and vocational qualifications in the UK. Ofqual ensures these qualifications meet high standards of quality and rigour, providing assurance they are recognised and respected by employers, educational institutions, and professional bodies. This oversight guarantees the qualifications maintain consistency, transparency, and credibility, meaning potential employers and organisations will have confidence in the individual’s skills and abilities, making them competitive candidates. They support professional development and compliance with industry standards, particularly in regulated fields such as healthcare, education, and public services. Ofqual-regulated qualifications are accepted abroad or can be easily converted to the country’s equivalent.

RQF

The Regulated Qualifications Framework (RQF) is a system used in England, Northern Ireland, and Wales to categorise and regulate qualifications based on their level of difficulty and size. RQF is jointly regulated by England’s regulator Ofqual, Wales DCELLS, and Northern Ireland’s CCEA. The RQF ensures qualifications are standardised, making it easier for learners, employers, and educational institutions to understand the value and level of each qualification. The framework consists of nine levels, from Entry Level to Level 8, with each level indicating the complexity and depth of learning. For a qualification to be recognised as part of the Regulated Qualifications Framework (RQF), it must be created or approved by an awarding body that is acknowledged by one of the government-appointed regulatory bodies.