The Qualifi Level 5 Diploma in Accounting and Finance is a specialist qualification designed for learners who want to advance their knowledge and skills in financial management, accounting systems, and business decision-making. It builds upon the foundational principles gained at Level 4, preparing learners for mid-level careers in finance or for progression into university degree programs.
The program provides a solid understanding of financial reporting, performance management, taxation, corporate governance, and auditing. It combines theoretical knowledge with practical skills that are essential for roles in accounting, finance, and business analysis. Learners will also develop analytical, problem-solving, and ethical decision-making abilities, ensuring they are prepared to handle complex financial responsibilities in today’s competitive business environment.
This diploma is ideal for aspiring accountants, finance managers, auditors, business analysts, and entrepreneurs who want to strengthen their financial expertise and progress academically or professionally.
Course Overview
The Qualifi Level 5 Diploma in Accounting and Finance consists of 6 units which are as follows.
- Principles and Concepts of Business Strategy
- Financial Management
- Financial Planning and Control
- Financial Reporting
- The Management of Human Resources
- Business Start-up: Conception to Market
Learning Outcomes for Qualifi Level 5 Diploma in Accounting and Finance
Unit 1: Principles and Concepts of Business Strategy
- Understand the role of strategy in business success.
- Apply strategic planning models to financial and business decisions.
- Analyze competitive environments to support long-term sustainability.
Unit 2: Financial Management
- Understand principles of managing organizational finance.
- Apply tools for budgeting, capital investment, and working capital management.
- Evaluate financial decisions to maximize shareholder and stakeholder value.
Unit 3: Financial Planning and Control
- Understand methods of planning and monitoring financial performance.
- Apply techniques for variance analysis, cost control, and forecasting.
- Support organizational decision-making through financial insights.
Unit 4: Financial Reporting
- Understand regulatory frameworks and accounting standards.
- Prepare and interpret financial statements in line with accepted practices.
- Analyze financial performance to support stakeholders and decision-makers.
Unit 5: The Management of Human Resources
- Understand the role of HR in supporting financial and organizational goals.
- Apply HR planning, performance management, and employee engagement strategies.
- Analyze the financial implications of HR policies and practices.
Unit 6: Business Start-up: Conception to Market
- Understand the financial and operational requirements of launching a new business.
- Apply entrepreneurial and financial planning skills to start-up ventures.
- Explore market analysis, funding options, and growth strategies.
Course Benefits of Qualifi Level 5 Diploma in Accounting and Finance
- Earn a recognized Level 5 qualification in accounting and finance.
- Build advanced financial management and reporting skills.
- Gain practical knowledge of taxation, auditing, HR, and business strategy.
- Strengthen employability for finance and accounting roles in diverse industries.
- Enhance decision-making, analytical, and problem-solving skills.
- Learn how to link finance with overall business strategy.
- Prepare for further academic study in accounting, finance, or business.
- Acquire entrepreneurial knowledge for managing start-ups and small businesses.
After completing this course, learners can progress in the following ways:
- Progress to the Qualifi Level 6 Diploma in Accounting and Finance.
- Enter university for a final-year top-up degree in Accounting, Finance, or related fields.
- Advance into professional roles such as:
- Financial Accountant
- Management Accountant
- Finance Manager
- Auditor
- Tax Advisor
- Business Analyst
- Pursue professional certifications such as ACCA, CIMA, or CPA to gain chartered status.
- Build a pathway towards postgraduate qualifications such as an MBA in Finance or an MSc in Accounting/Finance.
- Use acquired skills to launch or manage a financially sustainable business.
