# Level 5 Extended Diploma in Accounting and Business > The OTHM Level 5 Extended Diploma in Accounting and Business is an Ofqual-regulated Level 5 extended diploma in Accounting and Business worth 240 credits (2400 hours of total qualification time), delivered online and flexibly by LSIB, an OTHM approved centre. It is equivalent to Year 2 of a UK bachelor's degree. Most learners complete it in two years, studying part-time around work. - Course page: https://upskilluni.com/courses/level-5-extended-diploma-in-accounting-and-business/133 - Provider: [LSIB Diploma Courses](https://upskilluni.com/providers/lsib-diploma-courses) - Price: £950, buy online - Study method: Online - Duration: 9 months · Self-paced - Level: Intermediate - Qualification: Level 5 Extended Diploma in Accounting and Business - Includes: tutor support, certificate, finance options - Subjects: [Business, Management & Legal](https://upskilluni.com/courses/business-management-and-legal), [Accounting & Finance](https://upskilluni.com/courses/accounting-and-finance), [Business Management](https://upskilluni.com/courses/business-management) - Last updated: 2026-11-10 ## Description The objective of the OTHM Level 5 Extended Diploma in Accounting and Business qualification is to provide learners with an understanding of accounting and business in the broader business context, and to provide them with the practical, industry-focused skills to manage business finances, budgets and cash flow effectively, and to play a key role in business growth. Learners will build the knowledge and skills required for a career in a wide range of businesses, where accounting and business literacy are key skills for managers at all levels. Learners will study level 4 and 5 units, worth 120 credits per academic year with a total credit value of 240 credits (equivalent to the first 2 years of an honours degree). The Level 4 units lay the foundation for subsequent learning by providing an introduction to relevant accounting and business topics. The units combine theoretical and practical knowledge in academic and research skills, the business and economic environment, quantitative methods, financial accounting, management accounting, and leading and managing teams. Learners have the opportunity to progress and apply key skills and techniques to a variety of relevant subject areas through the Level 5 units. The course will provide learners with knowledge and skills in the areas of business strategy, financial management, planning, reporting and human resource management. Learners will also integrate their knowledge and skills from these disciplines and learn to produce a viable business plan. Successful completion of this qualification will equip learners with the specialist skills and technical terminology to develop their accounting and business and management skills and to progress to further study or employment. ## Curriculum - Academic Writing and Research Skills - Business and the Economic Environment - Principles of Financial Accounting - Quantitative Methods in a Business Context - Management Accounting - Leading and Managing Teams - 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 ## Who is this course for? This Level 5 extended diploma suits learners who hold a Level 4 qualification or equivalent experience and want second-year degree-level knowledge in accounting and business. Study fully online with tutor support from LSIB, with no fixed timetable. Assessment by assignments, so you can evidence learning from your own workplace. ## Entry requirements This Level 5 extended diploma suits learners who hold a Level 4 qualification or equivalent experience and want second-year degree-level knowledge in accounting and business. ## Certificates OTHM Qualifications certificate for the Level 5 Extended Diploma in Accounting and Business (Ofqual qualification number 610/0728/6), verifiable online at verification.othm.org.uk. Registration and certification fees are included in the course fee. ## Career path Successful completion of the OTHM Level 5 Extended Diploma in Accounting and Business provides learners the opportunity for a wide range of academic progressions including the OTHM Level 6 Diploma in Accounting and Business qualification. University progression routes published by OTHM include: Bangor University: progress to BSc (Hons) Accounting and Management (top-up); De Montfort University: progress to BSc (Hons) Accounting (top-up), BSc (Hons) Accounting…; Dublin Business School: progress to year 3 of BA (Hons) in Accounting & Finance; Northumbria University: progress to Accounting and Finance BSc (Hons) (top-up),…; University College Birmingham: progress to BA (Hons) Business Management (top-up), BA…; University College Dublin, Singapore: progress to stage 2 of Bachelor of Business Studies…. ## Funding Standard mode (9 months): £950. Fast-track mode (6 months): £1,250. Pay monthly or quarterly in instalments, or pay in full and save 5%. A £10 enrolment fee is paid on application.