Level 5 Diploma in Accounting and Business (OTHM)
The OTHM Level 5 Online Diploma in Accounting and Business is crucial to the success of any enterprise. The capacity to manage, plan, and account for money
QUALIFICATIONS
Overview
The OTHM Level 5 Online Diploma in Accounting and Business is crucial to the success of any enterprise. The capacity to manage, plan, and account for money is still the gold standard of company success and the primary engine of growth in all industries, from banking to manufacturing to large service sectors to small firms. This course is offered by Trinity Open Learning to assist you in developing professionally.
Description
It’s important to point out that the purpose of this Level 5Online Diploma in Accounting and Business qualification 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.
Delivery Methods
Trinity Open Learning provides various flexible delivery methods to its learners which include blended learning, online learning, distance learning, and in-class. The learners can choose the mode of study at their convenience as the course is provided for every online student.
Duration
The Level 5 Online Diploma in Accounting and Business is available in 2 duration modes:
- 6 Month
- 9 Month
Accreditation
This Diploma in Accounting and Business programme is accredited by Ofqual Awarding body (Othm). Click here to know about OTHM

Course Delivery
The programme is delivered:
- Online
Entry Requirements
For entry onto the Diploma in Account & Business qualification, learners must possess:
- Relevant NQF/QCF/RQF Level 4 diploma or equivalent recognised qualification
- Learner must be 18 years or older at the beginning of the course
Module Structure
The OTHM Level 5 Online Diploma in Accounting and Business consists of 6 mandatory units for a combined total of 120 credits
| Unit Ref. No. | Unit title | Credit | GLH | TQT |
| T/617/3298 | Financial Management | 20 | 80 | 200 |
| M/617/3297 | Financial Planning and Control | 20 | 80 | 200 |
| K/617/3296 | Financial Reporting | 20 | 80 | 200 |
| H/617/3295 | Taxation Principles and Practices | 20 | 80 | 200 |
| D/617/3294 | People Management | 20 | 80 | 200 |
| Y/617/3293 | Business Ethics and Corporate Social Responsibility | 20 | 80 | 200 |
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
Frequently Asked Questions
Yes, our diplomas are accredited by recognised UK awarding bodies and provide solid foundational knowledge of accounting principles that can support progression to professional finance qualifications.
Yes, our diplomas are accredited by recognised UK awarding bodies and provide solid foundational knowledge of accounting principles that can support progression to professional finance qualifications.
You will develop practical skills in bookkeeping, preparing financial statements, budgeting, management accounting, corporate finance analysis, and tax regulations.
You will complete practical calculations, prepare financial balance sheets, draft budgeting reports, and analyze company financial reports as part of your written coursework.
You will complete practical calculations, prepare financial balance sheets, draft budgeting reports, and analyze company financial reports as part of your written coursework.
Yes, the practical bookkeeping and finance skills developed in this course are directly aligned with the requirements for entry-level accounting and bookkeeping roles in UK businesses.
Yes, the practical bookkeeping and finance skills developed in this course are directly aligned with the requirements for entry-level accounting and bookkeeping roles in UK businesses.
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