Duration

06 – 09 Months

Accreditation

OTHM

Overview

OTHM 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 statements such as an income statement or a balance sheet. London College of Professional Studies offers this course at both online and In class.

Description

It’s important to point out that the purpose of a 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 and 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 2 duration modes:

  • 06 Month
  • 09 Month

Accreditation

This Diploma in Accounting and Business programme is accredited by the Ofqual Awarding body (Othm). Click here to know about OTHM 

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Course Delivery

The programme is  delivered:

  • Online
  • Blending Learning

Entry Requirements

For entry onto the Diploma in Account & Business qualification, learners must possess:

  • Relevant NQF/QCF/RQF Level 4 diploma or an equivalent recognised qualification
  • Learners must be 18 years or older at the beginning of the course

Module Structure

The OTHM Level 5 Diploma in Accounting and Business consists of 6 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 allow progress to:
  • Level 6 Diploma in Accounting and Business, and other relevant OTHM 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