Accounting and business are one of the major aspects of business development. Financial operations in modern business rely on accounting and finance professionals for the effectiveness and accuracy of financial activities. Accounting and business have wide career opportunities across a broad range of roles. Expertise in the field of accounting and business requires accurate planning and focused workings.
Level 5 Diploma in Accounting and Business offers the students a remarkable opportunity to adapt the skills required for becoming a mid-level manager with accounting responsibilities. The diploma course in accounting and business constitutes various exciting and effective units such as financial management, financial reporting, people management, planning and control and taxation.
IBT is an awarding body which offers business and management programs that meets the 21st century corporate needs. The high-quality vocational qualifications offered by the Institute ensures that the learners attain enhanced knowledge and skills in the specific field. In addition, the IBT provides assistance to the accredited centres as part of maintaining the quality and standard of the programs offered to the students. The regular monitoring helps the accredited centres in improving the quality of the teaching periodically.
IBT is one of the institution in the UK which offers flexible, professional, and customer-focused management programs to the learners. Attaining the IBT qualification will help the learners in enhancing career opportunities in the corporate sector.
IBT’s Vision and Mission
IBT’s vision is to promote valuable and high-quality vocational qualifications which meet the 21st-century employer and learner needs. The institute strives in maintaining the quality of the programs through offering flexible and advanced support to the accredited centres.
Unit Ref. No. | Unit title | Credit |
---|---|---|
DAB501 | Financial Management | 20 |
DAB502 | Financial Planning and Control | 20 |
DAB503 | Financial Reporting | 20 |
DAB504 | Taxation Principles and Practices | 20 |
DAB505 | People Management | 20 |
DAB506 | Business Ethics and Corporate Social Responsibility | 20 |
The assessment will be carried out internally for all units. All the performances are evaluated by coursework. This may include staff observations, practical projects and production of portfolios. There is no formal examination for any of the units.
Learners will assess by their course work and assignments. Students will make sure to meet up the assessment criteria attached with each unit to the appropriate standard for the level of the unit.
Diploma certificate will be awarded following to the candidate's course work. This provided only after the checking and verification of qualified tutor and the confirmation of an external verifier. Candidate must pass all the seven units to get awarded and also a minimum of 40% marks in each unit.
Upon completing the Diploma in Accounting and Business, the students can attend the Level 6 Diploma and other IBT Level 6 Diplomas. Candidates can also take admissions to the final year of three-year Bachelor degree courses after completing this qualification. Learners can also seek employment in mid-level job roles in accounting and finance management.
The communication and learning will be conveyed through the approved centres of IBT Qualifications via Blended and Online. The student can select one of the IBT Qualification’s approved centres so that they will be able to attain benefits like tutor support and studying with other learners.
Leaners can also choose to study with one of IBT Qualifications’ Distance Learning providers who deliver courses through Blended Learning and Online, so that course can be finished at their own pace. This suits those who perhaps have family or work commitments. This may also be an option for you if you do not live near to one of our accredited centres.
There are IBT Qualifications Distance Learning providers who deliver courses through online and Blended learning, so that learners can complete their course at their own pace. The leaners also have the option to choose any of the IBT Qualifications Distance Learning providers to enroll. This will help those who are working and have family commitments and this type of learning facility will suit for those who are not living near to any of our accredited centres.
Students will get the training on financial management, preparing reports, planning and thus progress the professional life in accounting and business.
Learners who meet the requirements for the qualification will be awarded a pass. The qualification itself is not graded. For each unit learners will be marked out of 100 and will be graded as follows.
A+ | 75% + | Higher Distinction |
---|---|---|
A | 65% - 74% | Distinction |
B | 50% - 64% | Merit |
C | 40% - 49% | Pass |
D | 30% - 39% | Marginal Fail |
D | 15% - 29% | Fail (Grade, copy from IBT) |