The National 5 Accounting course helps learners develop skills in communicating
essential financial information to various stakeholders and organisations. It combines the
practical and theoretical aspects of learning related to accounting, allowing learners to use technology to complete tasks.

Accounting is a key function in many organisations. Effective accounting procedures can
provide timely and relevant information to management, helping organisations perform
successfully.

The course encourages learners to think logically and apply accounting principles in their
lives. This helps them to make more-informed decisions about their own financial future.

 

The course comprises two areas of study:

Financial accounting
Learners develop skills, knowledge and understanding to prepare, interpret and analyse
financial accounting information by using the relevant accounting concepts and techniques.
This information is used by stakeholders to assess their organisation’s current financial
position.

Management accounting
Learners develop skills, knowledge and understanding of internal accounting information,
and are able to prepare this using a range of basic accounting techniques. This information is
used by management when making decisions about the future planning and control of their
business.