Diploma in Advanced Financial Reporting at QLS Level 5

Access Duration - 365 Days
Awarded By Endorsed by "Quality Licence Scheme"
Guided Learning Hour 180 Guided Learning Hours (180)
Course Material Course Material
Number of Modules 29 Number of Modules 29
Assessment Included Assessment Included
4.5( 4 REVIEWS )

Endorsed by

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What Will I Learn?

Gain a clear understanding of your job role in financial reporting within an organisation.
Become an expert at understanding financial statements, creating and reporting them.
Learn how to develop statement of financial position.
Gain an understanding of the fundamentals of cash flow and statements of cash flows.
Learn about disposals and re-organistions.
Gain an accredited qualification that will take your skills and knowledge to the next level.


The Diploma in Advanced Financial Reporting at QLS Level 5 course focuses on financial accounting processes and principles in creating and reporting financial statements within an organisation. It is perfect course for finance managers and practitioners and individuals aspiring to advance in their career in finance. The course provides insight into a comprehensive analysis of an organisation’s financial statements.

The course will explore advanced financial reporting techniques. It is designed to provide learners with insight into long-term finance, cost of capital and structure, an understanding of foreign currency, statement of cash flows and an introduction to group accounts.

The Diploma in Advanced Financial Reporting at QLS Level 5 will enable learners to gain a thorough understanding of how financial reporting works within an organisation and how they can apply policies and procedures in their job roles. The course is useful to students who want to qualify in financial reporting and desires to have a career in finance, and those who aspiring finance professionals and want to advance in their finance career.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 5 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Why Choose Global Edulink?

Global Edulink offers the most convenient path to gain skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at Global Edulink and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules and free resources which include Free CV writing pack, free career support and course demo to make your learning experience more enriching and rewarding.

Who is this Course aimed at?

  • Financial Officer
  • Accountant, Finance Managers
  • Students studying Finance
  • Access Duration
  • Entry Requirement
  • Method of Assessment
  • Certification
  • Endorsed by
  • Progression and Career Path
  • Other Benefits

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A qualification at level 4 or above in any discipline.

In order to complete the Diploma in Advanced Financial Reporting at QLS Level 5 successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.

While the submission of your assignment is compulsory for you to get your Quality Licence Scheme certification, you can also receive another CPD & iAP, free e-certificate if you take a 20 multiple choice exam

Those who successfully complete the course will be issued the Diploma in Advanced Financial Reporting at QLS Level 5 by the Quality Licence Scheme.

Course Code: QLS-04476

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

Once you successfully completed the Diploma in Advanced Financial Reporting at QLS Level 5 you will gain the knowledge that will give your career the jumpstart you have always wanted. With this completion you can further expand your education or go onto work in numerous positions that will also put you in line to demand a higher salary or job promotion. The average UK salary per annum according to https://www.payscale.com/career-path-planner is given below.

  • Financial Reporting Manager - £54,441 per annum
  • Accountant - £28,612 per annum
  • Finance Manager - £37,955 per annum
  • Accounts Manager - £26,803 per annum
  • Accounts Executive - £22,196 per annum
  • Staff Accountant - £25,261 per annum
Others jobs you can get
  • Finance Officer
  • Accounting Officer
  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Unlimited 12 months access from anywhere, anytime
  • Excellent Tutor Support Service (Monday to Friday)
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for  TOTUM discount card

Course Curriculum

1: Long-Term Finance
Module 1 Long-Term Finance
2: Raising Equity Finance
Module 2 Raising Equity Finance
3: Cost of Capital and Capital Structure
Module 3 Cost of Capital and Capital Structure
4: Group Accounts - Introduction
Module 4 Group Accounts – Introduction
5: The Statement of Financial Position Part 1
Module 5 The Statement of Financial Position Part 1
6: The Statement of Financial Position Part 2
Module 6 The Statement of Financial Position Part 2
☑ Assignment
Assignment Brief I – Financial Reporting Level 5
☑ Submit Your Assignment
Assignment Submission I – Financial Reporting Level 5
7: The Income Statement
Module 7 The Income Statement
8: Associates
Module 8 Associates
9: Ifrs 11 Joint Arrangements
Module 9 IFRS 11 Joint Arrangements
10: Vertical Groups
Module 10 Vertical Groups
11: Mixed Groups
Module 11 Mixed Groups
12: Piecemeal Acquisitions
Module 12 Piecemeal Acquisitions
☑ Assignment
Assignment Brief II – Financial Reporting Level 5
☑ Submit Your Assignment
Assignment Submission II – Financial Reporting Level 5
13: Disposals and Re-Organisations
Module 13 Disposals and Re-organisations
14: Foreign Currency
Module 14 Foreign Currency
15: Statement of Cash Flows
Module 15 Statement of Cash Flows
16: Cash Flows
Module 16 Cash Flows
17: Consolidated Statement of Changes In Equity
Module 17 Consolidated Statement of Changes in Equity
18: Ias 18 Revenue
Module 18 IAS 18 Revenue
☑ Assignment
Assignment Brief III – Financial Accounting Level 3
☑ Submit Your Assignment
Assignment Submission III – Financial Reporting Level 5
19: Ias 24 Related Party Disclosures
Module 19 IAS 24 Related Party Disclosures
20: Provisions, Contingent Liabilities and Contingent Assets
Module 20 Provisions, Contingent Liabilities and Contingent Assets
21: Accounting For Leases
Module 21 Accounting for Leases
22: Deferred Taxation
Module 22 Deferred Taxation
23: Financial Instruments
Module 23 Financial Instruments
24: Financial Instruments Part 2
Module 24 Financial Instruments Part 2
☑ Assignment
Assignment Brief IV – Financial Reporting Level 5
☑ Submit Your Assignment
Assignment Submission IV – Financial Reporting Level 5
25: Share-Based Payments
Module 25 Share-Based Payments
26: Earnings Per Share
Module 26 Earnings Per Share
27: Ratio Analysis
Module 27 Ratio Analysis
28: Segmental Analysis
Module 28 Segmental Analysis
29: Appendix Tables and Formulas
Module 29 Appendix Tables and Formulae
☑ Assignment
Assignment Brief V – Financial Reporting Level 5
☑ Submit Your Assignment
Assignment Submission V – Financial Reporting Level 5
Exam Quiz

Students feedback


Average rating (4)
5 Star
4 Star
3 Star
2 Star
1 Star
    R S

    Ryan Stevens

    January 16, 2021
    Good structure

    The course was structured well. The sections focused extensively on the role of financial reporting in an organisation. There was a wealth of information on financial statements, cash flow statements and more. The course explored advanced financial reporting techniques.

    B L

    Bev Lowe

    December 30, 2020
    Great resources

    The course provided plenty of resources and reading material. This was very useful to me when it came to preparing for the exam. As the subject was taught thoroughly, I achieved a successful outcome.

    B M

    Brook Miller

    November 21, 2020
    Outstanding support

    I was fully supported by GEL during my time there.

    R E

    Reed Evans

    November 03, 2020
    Exciting opportunities

    This enhanced my career opportunities in the finance industry. I was able to use this certification to find good job placement.

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