Qualifi Level 5 Extended Diploma in Accounting & Finance
Course Introduction
The Qualifi Level 5 Extended Diploma in Accounting and Finance is designed to equip learners with a solid foundation in management accounting and financial principles, alongside practical skills essential for a successful career in business finance.
Course Overview
The Qualifi Level 5 Extended Diploma in Accounting and Finance is designed to equip learners with a solid foundation in management accounting and financial principles, alongside practical skills essential for a successful career in business finance. This qualification explores the role of finance in modern business environments, enabling learners to apply key concepts and techniques confidently.
Successful completion of this diploma opens up progression routes to further study—such as a Qualifi Level 6 Diploma or the final year of a degree programme—as well as career opportunities in accounting, finance, and related professional sectors.
Course Overview
Course Objectives
Learning Objectives
By completing the Qualifi Level 5 Extended Diploma in Accounting and Finance, learners will be able to:
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Understand both micro- and macroeconomic factors that influence business operations.
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Analyse how the business environment impacts financial accounting.
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Develop essential mathematical skills required for accurate financial accounting.
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Prepare and interpret financial statements effectively.
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Apply management accounting techniques to support business decision-making.
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Examine the roles of leadership and management within the accounting function.
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Explore financial theories, working capital management, and strategies for managing global financial risk.
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Understand corporate governance and its relevance to financial planning, control, and investment appraisal.
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Manage organisational assets and prepare comprehensive financial reports.
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Understand the principles of taxation, including personal and business tax obligations.
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Navigate the human resources cycle and manage people effectively within organisations.
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Evaluate the role and importance of Corporate Social Responsibility (CSR) in modern business.
Entry Requirments
Admission to this qualification is determined by the Approved Centre, which will assess each applicant’s ability to successfully complete the programme. The initial evaluation must consider available support mechanisms to address any specific learner needs.
To enrol in this qualification, applicants must meet the following criteria:
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Be aged 18 years or older
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Hold a Level 4 qualification in a relevant subject area or demonstrate equivalent experience and capability
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Provide two supporting references (at least one should preferably be academic)
For non-native English speakers, an IELTS score of 6.0 or an equivalent English language qualification is required. International qualifications will be assessed to ensure they meet the entry standards for UK higher education programmes, where applicable.
Eligibility Criteria
Course Specification
Key Insights
Qualification Title:
Qualifi Level 5 Extended Diploma in Accounting and Finance
Qualification Type:
Vocational Related Qualification (Higher Education)
Level: RQF Level 5
Accreditation Status: Accredited
Total Credit Value: 240 Credits
Qualification Number (RQF): 610/3329/7
Progression Routes:
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QUALIFI Level 6 Diploma in a related field
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Final year of a Higher Education degree in a relevant subject (subject to university acceptance)
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Direct entry into employment in an associated profession
Availability:
UK and international
Mandatory Units
- Accounting in a Business Context
- Economics for Business Mathematical
- Accounting Methods
- Financial Accounting
- Management Accounting
- Leadership and Management in Accounting
- Financial Management
- Financial Planning and Control
- Financial Reporting
- Principles and Practices of Taxation
- Management of People
- Ethics and Corporate Responsibility in Business
Study Modules
Progression
Mandatery Units
Progression Routes:
Upon successful completion of the QUALIFI Level 5 Extended Diploma in Accounting and Finance, learners may progress to:
• A QUALIFI Level 6 Diploma in a related area
• The final year of a higher education qualification/degree in a related subject (subject to acceptance by the awarding institution)
• Employment in an associated profession