Home / Ofqual Level 5 Extended Diploma in Accounting and Finance Modules Covered
When pursuing the Ofqual Level 5 Extended Diploma in Accounting and Finance qualification, students can expect to cover a wide range of modules that are designed to provide a comprehensive understanding of the field. Below is a breakdown of the key modules included in this qualification:
| Module Name | Description |
|---|---|
| Financial Accounting | This module covers the principles and practices of financial accounting, including preparing financial statements and analyzing financial performance. |
| Management Accounting | Students will learn about cost accounting, budgeting, and decision-making techniques used in management accounting. |
| Taxation | This module covers the UK tax system, including income tax, corporation tax, and value-added tax (VAT). |
| Audit and Assurance | Students will learn about auditing standards, procedures, and ethical considerations in auditing financial statements. |
| Financial Management | This module covers financial decision-making, risk management, and capital budgeting techniques. |
These modules are carefully curated to provide students with a well-rounded education in accounting and finance, preparing them for a successful career in the field. By mastering these modules, students will develop the skills and knowledge necessary to excel in the dynamic world of finance.