06 – 09 Months
OTHM
Overview
The Level 5 Diploma in Accounting and Business is related to accounting and finance, which is a specialised branch of accounting that keeps track of a company’s financial transactions. Using standardised guidelines, the transactions are recorded, summarised, and presented in a financial report or financial statement, such as an income statement or a balance sheet.
Description
It’s important to point out that the purpose of the Diploma in Accounting and Business Level 5 is not to report the value of a company. Rather, its purpose is to provide enough information for others to assess the value of a company for themselves. You can study from home or in class. We also have a blended learning option.
Delivery Methods
To cater to different learning styles and preferences, the London College of Professional Studies (LCPS) offers a range of flexible delivery methods, allowing learners to study in a way that suits their needs and schedules.
Learners will be able to:
Access all course materials – including online modules, study guides, and written assignments.- Receive expert tutor support throughout the course.
- Use the LCPS Online Learning Portal – available 24/7, providing a user-friendly platform for all study resources.
- Obtain detailed assignment briefings to guide assessment preparation.
- Access high-quality study notes designed to support learning and understanding.
- Receive assignment feedback and marks to monitor progress and improvement.
- Earn a fully accredited UK qualification upon successful completion.
- Get dedicated customer support via chat, telephone, or email (Monday to Friday).
- Enjoy full academic and administrative support from enrolment to course completion.
Duration
The Level 5 Diploma in Accounting and Business is available in two duration.
- 06 Months (fast track)
- 09 Months
Accreditation
This Diploma in Accounting and Business programme is accredited by the Ofqual Awarding Body Othm.
Course Delivery
- Online
- Blending Learning
Entry Requirements
For entry into the Diploma in Accounting & Business qualification, learners must possess:
- Relevant NQF/QCF/RQF Level 4 diploma or an equivalent recognised qualification
- Learners must be 18 years of age or older at the beginning of the course
Module Structure
The OTHM Level 5 Diploma in Accounting and Business consists of six mandatory units for a combined total of 120 credits| Unit title | Level | Credit |
|---|---|---|
| Principles and Concepts of Business Strategy | 4 | 20 |
| Financial Management | 4 | 20 |
| Financial Reporting | 4 | 20 |
| The Management of Human Resources | 4 | 20 |
| Business Start-up: Conception to Market | 4 | 20 |
Progression
Learners completing the OTHM Level 5 Diploma in Accounting and Business will progress to:- Level 6 Diploma in Accounting and Business, and other relevant Level 6 Diplomas student can apply or
- Learners are eligible to gain direct entry into the final year of a three-year UK Bachelor’s degree.
Assessment
- Assessment is via assignment submission
- No Exams
