OTHM Qualifications · RQF Level 5

OTHM Level 5 Extended Diploma in Accounting and Business

You don’t just earn this. You learn to use it, one-to-one, on your own real work.

  • LevelRQF Level 5
  • Total credits240
  • Guided learning1,200 hours
  • Units in this qualification12

Awarded by OTHM Qualifications · on the Ofqual register

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What you’ll learn

What each unit actually teaches you to do

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These are the units OTHM Qualifications registers against this qualification. It is a catalogue, not a syllabus. Which of them you take depends on the combination the qualification requires, and that is set by the awarding body rather than by us. Every unit here is regulated, and every one you earn is yours to keep.

Academic Writing and Research SkillsReal unit · OTHM Qualifications
This unit supports the exploration of key topics that are part of the academic research and writing process.

What you'll be able to do

  • Understand the concept and purpose of academic research and writing.
  • Understand how to conduct academic research.
  • Demonstrate critical thinking skills.
  • Understand how to construct a reliable and valid academic argument.
Business Start-up: Conception to MarketReal unit · OTHM Qualifications
This unit provides knowledge of the fundamental requirements for starting a new business, including legal and regulatory considerations. You'll identify sources of support and funding and develop skills to create a business plan to secure stakeholder backing.

What you'll be able to do

  • Understand the fundamental requirements and considerations for starting a new business venture.
  • Understand the various sources of support, including funding, mentorship, and resources, available to new businesses.
  • Create a comprehensive business plan for a new business, designed to attract and secure stakeholder support and investment.
Business and the Economic EnvironmentReal unit · OTHM Qualifications
This unit introduces learners to the interaction between the general economic environment and business activity.

What you'll be able to do

  • Understand different types of businesses.
  • Understand the influence of the internal and external environment on a business.
  • Understand how macro-economic factors impact a business.
  • Understand how micro-economics factors impact on a business.
Financial ManagementReal unit · OTHM Qualifications
You'll study the key functions of financial management, including working capital management and capital structure within a business. The unit covers the roles of financial management in achieving organisational objectives and the interests of various stakeholders.

What you'll be able to do

  • Understand the key functions of financial management within an organisation.
  • Understand the principles and techniques of working capital management.
  • Understand how capital is structured within a business and the factors influencing capital structure decisions.
Financial Planning and ControlReal unit · OTHM Qualifications
You'll gain an understanding of financial planning and control functions, including the development of investment strategies and sources of business finance. The unit also addresses global financial risk management and principles of corporate governance.

What you'll be able to do

  • Understand the functions of financial planning
  • Understand the functions of financial control
  • Understand sources of business finance
  • Understand the techniques used to develop investment strategy
  • Understand global financial risk management
  • Understand the principles of corporate governance and how they support effective financial planning and control
Financial ReportingReal unit · OTHM Qualifications
This unit focuses on the purpose of financial reporting and budgeting within organisations. You'll learn to report on control accounts, investment appraisals, and overall financial performance to stakeholders.

What you'll be able to do

  • Understand the purpose of financial reporting
  • Understand the purpose of budgets
  • Report on the outcome of control accounts
  • Report the outcome of an investment appraisal
  • Report on the financial performance of a business
Leading and Managing TeamsReal unit · OTHM Qualifications
This unit provides an understanding of leadership and management theories, team development stages, and methods to enhance individual and team performance. You'll evaluate different leadership styles and assess their own capacity to lead and manage effectively.

What you'll be able to do

  • Compare and contrast different leadership and management theories, including their strengths, weaknesses, and applications in various organisational contexts.
  • Explain how teams are developed, including the stages of team development, team roles, and team dynamics.
  • Evaluate methods to improve individual and team performance, including motivation techniques, performance management systems, and team-building activities.
  • Evaluate your own capacity to be an effective leader and manager, identifying your strengths, weaknesses, and areas for development.
Management AccountingReal unit · OTHM Qualifications
You'll study the functions of management accounting, including budgeting, working capital management, depreciation, standard costing, variance analysis, and break-even analysis. The unit emphasises the application of management accounting information in business decision-making.

What you'll be able to do

  • Understand the functions of management accounting in business
  • Know the importance of budgeting
  • Know the importance of working capital management
  • Know the importance of accounting for depreciation
  • Calculate standard costs
  • Calculate budget variances
  • Apply break-even analysis in different contexts
Principles and Concepts of Business StrategyReal unit · OTHM Qualifications
You'll explore the principles and key theories of business strategy, including strategic analysis frameworks such as Porter's Five Forces. The unit teaches you to understand strategic options available to businesses and the factors influencing strategic decision-making.

What you'll be able to do

  • Understand the core principles that underpin effective business strategy development and implementation.
  • Understand key business strategy theories and concepts, including their application in different organisational contexts.
  • Understand the range of strategic options available to a business and the factors influencing their selection.
Principles of Financial AccountingReal unit · OTHM Qualifications
This unit helps learners to understand and apply the principles of financial accounting in a business setting.

What you'll be able to do

  • Understand why businesses need to establish financial record-keeping systems.
  • Account for year-end adjustments.
  • Prepare financial reporting statements for different types of organisations.
  • Understand how professional characteristics and ethical principles are applied and regulated in an accountancy context.
Quantitative Methods in a Business ContextReal unit · OTHM Qualifications
This unit is designed to develop skills in using quantitative methods, including how to present and use business and management data to inform business decisions.

What you'll be able to do

  • Use numerical techniques in a business context.
  • Construct and use graphs, charts and diagrams for informed decision making.
  • Understand how business and management data is used to inform business decision making.
The Management of Human ResourcesReal unit · OTHM Qualifications
This unit covers the purpose, objectives, and key functions of human resource management (HRM). You'll analyse internal and external factors affecting HRM and explore modern developments in the HRM function within business environments.

What you'll be able to do

  • Understand the overall purpose and strategic objectives of human resource management (HRM) within an organisation.
  • Understand the key functions of human resource management, including recruitment, training, performance management, and employee relations.
  • Analyse how internal organisational factors and external environmental factors impact the human resource management function.
  • Understand modern developments and emerging trends in human resource management practices within a business environment.

The honest bit

You’ve started things before

Most courses were built for a room full of people who aren’t you. A cohort moves on whether or not your week allowed it, and by the third week the thing you’re behind on becomes the reason you stop opening it.

There’s no cohort here, and no timetable to fall behind. Before anything starts, Zavmo asks when you’re sharpest and how long you can realistically sit down for, then builds the sessions around those answers. A bad fortnight changes your pace. It doesn’t put you behind.

And you only pay once you start learning. Searching and planning are free, and you can cancel any time — so the cost of finding out is an afternoon, not a year.

Your passport

Every credit is a stamp you keep

Level 5 credits are regulated. They don’t vanish when a subscription ends or a website closes. They travel to any employer, and Zavmo keeps the map of what you’ve earned and what’s next.

Academic Writing and Research SkillsBusiness Start-up: Conception to MarketBusiness and the Economic EnvironmentFinancial ManagementFinancial Planning and ControlFinancial ReportingLeading and Managing TeamsManagement Accounting

Each stamp is a real unit registered against this qualification.

Who’d teach you this

The Evidence Evaluator

Assessor

Helps you show what you can actually do, gathering the evidence that proves it as you learn.

Meet all twelve tutors

Where this connects

Where these credits take you

A qualification is never a dead end here. See the jobs its credits open, the national occupational standards its units map to, and the future skills they quietly build.

Where this can lead

Management Accountant

Your journey as a Management Accountant here isn't just a job; it's a launchpad for a significant career in finance. We're committed to giving you the tools, support, and opportunities to grow, whether that's into leadership or becoming a deep subject matter expert. Your future is what you make of it, and we're here to help you build it.

See the whole journey →

Showing 6 roles, drawn from 33 job records mapped to this qualification.

How you’ll actually learn this

One-to-one, on your own real work

A qualification is usually something done to you: sit the class, sit the exam, hope it sticks. Here it’s the opposite. You learn it one-to-one with a companion, on your own real work, and you keep going until you can use it, not just recall it.

One-to-one, on your real workNo lectures, no past-papers. Every unit is practised on the actual tasks your job throws at you, a tutor beside you, not a video in front of you.
Taught to the top, not the testMost courses stop at remembering. Your companion keeps climbing: analysing, judging, creating. That’s the part a machine can’t do for you.
Credits you keep, a map that continuesEvery unit is regulated and yours for good. The day you finish, Zavmo already knows the next role your new credits open.
Academic Writing and Research SkillsLevel 5

Applied to your work in any of these jobs

This unit supports the exploration of key topics that are part of the academic research and writing process.

How the thinking builds
  1. Remember
  2. Understand
  3. Apply
  4. Analyse
  5. Evaluate
  6. Create
An illustration of a Zavmo lesson, built from this role’s own route. The unit, its objective and every criterion above are the awarding body’s own words, not an example.
Your PlanIllustration

Built for OTHM Level 5 Extended Diploma in Accounting and Business

12 units in this credential, in the order it lists them, awarded by OTHM Qualifications.

  1. Academic Writing and Research Skills
  2. Business Start-up: Conception to Market
  3. Business and the Economic Environment
  4. Financial Management
  5. Financial Planning and Control
  6. Financial Reporting

and 6 more in the full unit list below.

These are the real units of this credential, in its own order. Nothing here is marked done, because this plan has not been started by anyone yet. Yours would fill in as you go.

One to one, not one to many

No two people run this the same way

A course is written once and handed to everyone. This is assembled around you, and keeps changing as it learns you. Five things it reads, and what each one changes.

  1. Your actual work Every unit is taught against a live piece of your own work, not a worked example from a textbook.
  2. What you already know The first conversation finds your starting point, so you skip what you can already do and spend the time on what you cannot.
  3. The conditions you learn under Not a learning-styles quiz. The evidence does not support those. The dimensions the research does back, read once and used to shape the plan.
  4. How far you got last time It picks up mid-thought. The tutor knows what you said, what you struggled with, and what it asked you to try.
  5. Which tutor suits the moment Twelve of them, each for a different kind of thinking. The one who walks you through a first idea is not the one who stress-tests it.

See how you learn, free. Eight questions, no sign-up. A directional taster; the diagnostic inside Zavmo goes deeper and keeps adapting.

Why it sticks

Most courses stop at remembering

There’s a well-known ladder of how deeply you learn something, called Bloom’s Taxonomy. Most courses get you up the first two rungs: you remember some facts, you pass a test, you forget it. Real skill lives at the top. Judging, deciding, creating. And this isn’t a generic ladder: every rung has a named Zavmo tutor who walks you up it.

  1. 6CreateThe Creative Catalyst
  2. 5EvaluateThe Evidence Evaluator
  3. 4AnalyseThe Analyst
  4. 3ApplyThe Coach
  5. 2UnderstandThe Connector
  6. 1RememberThe Builder

Where most courses leave you Where Zavmo takes you

Why this matters: AI can already remember and understand for you. What it can’t do is take your real problem and judge the right call. So the only learning worth paying for is the learning that takes you to the top. That’s exactly what a tutor doing it with you, on your real work, is for.

The value

Why the companion is worth £70 a month

You’re not paying for the units. They’re regulated, and the same wherever you earn them. You’re paying for the one thing that decides whether you actually get there: a companion that makes them stick, on your real work.

That is one-to-one on this qualification, every day, on the work you already do, for £70 a month. Your first module is free, so you can see the teaching before you pay for any of it. Billed monthly, cancel any time and billing stops.

Earned on your own work, taught to the top.

Everything you just read, learned one-to-one on the job you already do. Your first module is free, so you can see the teaching before you pay for any of it.

Build my plan, free

No card. See how this qualification maps onto your role and meet the tutors who’d teach it, free. The learning begins when you subscribe. It’s £70 a month, billed monthly. Cancel any time and billing stops.