CBIT Associate Certificate in Accounting and Finance (Level 5)

School of Business & Technology London

What You Will Learn - Based on the modules you choose

• Financial Management Mastery – efficiently manage resources, budgets, and strategic financial planning.
• Accounting Proficiency – confidently prepare, interpret, and communicate complex financial information.
• Risk Management Expertise – effectively identify, assess, and mitigate financial risks to safeguard organisational interests.
• Economic Analytical Skills – apply economic principles to interpret market dynamics and organisational performance.
• Strategic Decision-Making – leverage accounting data and financial reporting to inform critical business decisions.
• Technology Application – understand and utilise modern accounting information systems, cloud computing, and data analytics tools.

Accelerate your career progression with a comprehensive, flexible course that equips you with essential accounting and financial management skills, recognised professional status, and a clear pathway to achieving your professional ambitions.

The CBIT Associate Certificate in Accounting and Finance (Level 5), recognised by CMI, offers a substantial foundation in accounting principles and strategic financial management. Tailored for middle managers and professionals seeking focused career advancement, you complete any 6 modules within 6–8 months (420 hours TPT). The curriculum covers financial accounting, management accounting, investment analysis, risk management, financial reporting, and corporate finance. Graduates gain Foundation Chartered Manager (fCMgr) status, significantly boosting professional growth and credentials.

Why Study CBIT Associate Certificate in Accounting and Finance (Level 5)

• Comprehensive Curriculum – master core accounting disciplines, strategic finance management, risk assessment, and advanced financial reporting.
• Professional Growth – develop expertise tailored specifically to middle managers and finance professionals aiming for strategic leadership roles.
• Real-world Skills – build practical accounting and finance capabilities directly applicable to dynamic organisational environments.

Modules Covered

Learners choose any six of the following modules, contributing to a total of hours of guided learning and self-directed study:

1. Essentials of Financial Management (CBIT-AAF-501):
   Understand financial principles and how financial decisions affect organisational growth, stability, and sustainability.
2. Management Accounting (CBIT-AAF-502):
   Master management accounting techniques to provide managers with relevant financial information for informed decision-making.
3. Financial Accounting Theory and Practice (CBIT-AAF-503):
   Prepare and analyse financial reports essential for stakeholders including investors, creditors, and regulatory authorities.
4. Business Economics (CBIT-AAF-504):
   Explore economic theories underpinning organisational performance and decision-making in the financial environment.
5. Accounting Information System (CBIT-AAF-505):
   Evaluate current and future roles of accounting information systems including web services, cloud computing, big data, and auditing tools.
6. Risk Management and Financial Performance (CBIT-AAF-506):
   Incorporate risk management principles including market risk, credit risk, liquidity risk, and operational risk into financial strategies.
7. Professional Development in Accounting and Finance (CBIT-AAF-507):
   Gain advanced accounting knowledge, analytical skills, and an understanding of ethical standards for continuous professional growth.
8. Principles of Financial Reporting (CBIT-AAF-508):
   Understand principles for accurate preparation, interpretation, and communication of financial reports to key stakeholders.
9. Principles of Auditing and Taxation (CBIT-AAF-509):
   Develop skills in auditing financial statements, ensuring compliance, understanding tax obligations, and preventing financial fraud.
10. Corporate Financial Essentials (CBIT-AAF-510):
    Learn core corporate finance concepts, including financial statements analysis, investment assessment, and risk management.
11. Accounting and Financial Data in Decision Making (CBIT-AAF-511):
    Utilise financial data for strategic decision-making, performance assessment, and identifying organisational trends.
12. Contemporary Issues in Accounting and Finance (CBIT-AAF-512):
    Analyse emerging trends, current challenges, and innovative practices within the accounting and finance industry.

CMI Recognition

The course is accredited by the Chartered Management Institute and aligned with its Professional Standards framework, developed with industry experts over 75 years. This recognition ensures that the skills you acquire meet real-world managerial expectations and high professional standards.

Membership Benefits During Study:

• ManagementDirect: 100,000s of validated resources - videos, practical checklists, e books, insights - aligned to your learning; log, track, and reflect with the CPD record.
• Career Development Centre (CDC): CV360 instant feedback, interview simulators, mental health and well being resources, and curated learning playlists.
• Management Diagnostic: Tools to identify strengths, areas for improvement, and personalised development priorities.
• CMI Mentoring Programme: Connect as a mentee with senior managers willing to share knowledge and experience.

Upon completion, you receive Foundation Chartered Manager (fCMgr) status.

Key Highlights

• Choose any 6 modules from the extensive suite of available options; complete in 420 hours TPT typically within 6–8 months for focused career advancement.
• Recognised by CMI and benchmarked against CMI’s Professional Standards framework.
• Foundation Chartered Manager (fCMgr) status on completion; pathway to CMgr.
• 100% online learning
• Dedicated tutor support and a responsive support team.
• Diagnostic tools for strengths analysis and personalised development.
• Dual branded CBIT–CMI certification enhancing professional credibility.
• Practitioner based assessments (written assignment and reflective report); no exams.

This course is designed for middle managers who are ready to take up the challenges of leading finance functions and contributing to overall business strategy at the highest levels. It also suits individuals who are passionate about finance and looking to deepen their understanding of complex financial concepts and practices.

There are no formal entry requirements to enrol in the CBIT Associate Extended Diploma in Accounting and Finance. However, CBIT expect you to meet the following criteria:

• Learners should be 18 years of age or over.
• This course is level 5 equivalent, and hence, you must be able to complete the programme at this level.
• Learners should have considerable competency in English.

Learners who successfully complete this course may pursue various career paths, including but not limited to:

• Financial Analyst
• Accountant
• Forensic accountant
• Stockbroker