Modules Covered in the Level 5 Extended Diploma in Accounting
The Level 5 Extended Diploma in Accounting covers a wide range of modules that are designed to provide students with a comprehensive understanding of accounting principles and practices. Here are the modules typically covered in this diploma:
| Module |
Description |
| Financial Accounting |
This module covers the preparation of financial statements, accounting concepts, and principles. |
| Management Accounting |
Students learn about budgeting, cost analysis, and decision-making techniques used by management accountants. |
| Taxation |
This module focuses on the UK tax system, including income tax, corporation tax, and VAT. |
| Auditing |
Students learn about the principles of auditing, internal controls, and audit procedures. |
| Business Law |
This module covers contract law, company law, and other legal aspects relevant to accounting professionals. |
| Ethics for Accountants |
Students learn about ethical issues faced by accountants and how to maintain professional integrity. |
These modules provide students with a solid foundation in accounting and prepare them for a successful career in the field. By completing the Level 5 Extended Diploma in Accounting, students will have the knowledge and skills necessary to pursue various accounting roles in the industry.