Accounting Technicians Ireland
    Level 5
    QN: 603/5748/4
    Curriculum Active

    Accounting Technicians Ireland Level 5 Diploma for Accounting Technicians

    Official qualification regulated by Ofqual, awarded by Accounting Technicians Ireland. Classified as a Occupational Qualification. Total guided learning hours: 750 hours.

    Qualification Level
    Level 5
    Awarding Body
    Accounting Technicians Ireland
    Syllabus Units
    6 Units
    Guided Hours
    750 hrs
    Instant access to interactive lessons, quizzes, and spaced revision.

    Course Syllabus & Study Modules

    Complete breakdown of verified curriculum topics and learning objectives.

    1

    Advanced Financial Accounting

    Verified
    Key Learning Objectives:
    • Understand the conceptual and regulatory environments in which financial statements are prepared.2.
    • Be able to apply the principles of good corporate governance and professional ethics to financial accounting and financial reporting scenarios.3.
    • Be able to account for a range of transactions and events
    • Be able to prepare and present financial statements in accordance with the requirements of FRS102 and Companies Acts legislation.5.
    • Be able to analyse and interpret financial statements.
    2

    Advanced Taxation

    Verified
    Key Learning Objectives:
    • Understand the administration of taxation in Northern Ireland.2.
    • Be able to apply the principles and rules that govern income tax in
    • Northern Ireland.
    • Be able to apply the principles and rules that govern capital gains tax in Northern Ireland.
    • Be able to apply the principles and rules that govern the taxation of business profits in Northern Ireland.6.
    • Be able to apply the principles and rules of Value Added Tax (VAT) in Northern Ireland.
    • Understand the Construction Industry Scheme (CIS) as it is operated in Northern Ireland.
    3

    Advanced Work Practice

    Verified
    Key Learning Objectives:
    • Learners are required to complete a programme of Work-Based Learning. This programme, set out in training plans, maps to the following learning outcomes within the Core Curriculum modules.Advanced Financial Accounting
    • Understand the conceptual and regulatory environments in which financial statements are prepared.
    • Be able to apply the principles of good corporate governance and professional ethics to financial accounting and financial reporting scenarios.
    • Be able to account for a range of transactions and events.
    • Be able to prepare and present financial statements in accordance with the requirements of FRS 102 and Companies Acts legislation.
    • Be able to analyse and interpret financial statements.Advanced Taxation
    • Understand the administration of taxation in jurisdiction.
    • Be able to apply the principles and rules that govern income tax in jurisdiction.
    • Be able to apply the principles and rules that govern capital gains tax in jurisdiction.
    • Be able to apply the principles and rules that govern the taxation of business profits in jurisdiction.
    • Be able to apply the principles and rules of Value Added Tax (VAT) in jurisdiction.LO6: (NI)
    • Understand the Construction Industry Scheme (CIS) as it is operated in Northern Ireland.Management Accounting
    • Be able to apply the principles of cost accumulation for profit and inventory measurement purposes.
    • Be able to apply the principles of standard costing for planning and control purposes.
    • Be able to apply the principles of budgeting for planning and control purposes.
    • Be able to apply cost-volume-profit techniques for decision-making purposes.
    • Be able to apply relevant costing techniques for decision-making purposes.Financial Data Management
    • Understand data management and data analytics
    • Understand the technological environments in which accountancy professionals work.
    • Be able to apply software features and functionality for financial accounting.
    4

    Financial Data Management

    Verified
    Key Learning Objectives:
    • Understand data management and data analytics
    • Understand the technological environments in which accountancy professionals work.3.
    • Be able to apply software features and functionality for financial accounting.4.
    • Be able to apply software features and functionality for management accounting.5.
    • Be able to apply software features and functionality for taxation.
    5

    Management Accounting

    Verified
    Key Learning Objectives:
    • Understand the nature and purpose of management accounting, costing terms and concepts
    • Be able to apply the principles of cost accumulation for profit and inventory measurement purposes.3.
    • Be able to apply the principles of standard costing for planning and control purposes.4.
    • Be able to apply the principles of budgeting for planning and control purposes.5.
    • Be able to apply cost-volume- profit techniques for decision- making purposes.6.
    • Be able to apply relevant costing techniques for decision-making purposes.
    6

    Work Practice

    Verified
    Key Learning Objectives:
    • Learners are required to complete a programme of Work-Based Learning. This programme, set out in training plans, maps to the following learning outcomes within the Core Curriculum modules.Financial Accounting
    • Be able to account for a range of transactions and events.
    • Be able to identify errors and correct them, reconcile bank accounts and extract a trial balance from an accounting ledger.
    • Be able to prepare basic financial statements for a sole trader, partnership and limited liability company.
    • Be able to apply spreadsheet methods to assist with preparation of basic financial statements.Taxation
    • Understand the administration of taxation in jurisdiction.
    • Be able to apply the principles and rules that govern income tax in jurisdiction.
    • Be able to apply the rules of the ‘Pay As You Earn’ (PAYE) system in jurisdiction.
    • Be able to apply the principles and rules of Value Added Tax (VAT) in jurisdiction.Business Management
    • Understand business organisations and functions.
    • Understand information systems in business organisations with a particular focus on accounting information systems and emerging technologies.
    • Understand leadership and management.
    • Understand corporate governance, social responsibility and professional ethics.Business Law
    • Understand the principles of company law in jurisdiction.
    • Understand the principles of the laws of contract, tort, employment, agency, consumer and data protection in jurisdiction.

    Regulatory & Verification Details

    Qualification Number (QN)
    603/5748/4
    Regulated Status
    Available to learners
    Awarding Body
    Accounting Technicians Ireland
    Qualification Type
    Occupational Qualification
    Operational Start
    Apr 2020