06 – 09 Months
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

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



