The purpose of the course is to offer the foundation accounting knowledge needed to progress to employment or further study in accountancy and finance, alongside business and personal skills that are transferable to any sector and additional business knowledge relevant to accountancy.
Having studied this qualification, you will be able to progress to Level 3 Diploma in Accounting or Level 3 Certificate in Bookkeeping.
The Level 2 course covers a range of key areas, including: Introduction to Bookkeeping; Principles of Bookkeeping; Principles of Costing; The Business Environment. You will also develop business communications and lifelong learning skills, applying what you learn on the course to the wider industry context.
What are the entry requirements?
Learners need to have achieved previously - Level 1 English Functional Skills in reading, writing, speaking and listening. You will need to have completed the Level 1 Bookkeeping course prior to starting this Level 2 course. Additionally, you should have good digital IT skills.
How is it assessed?
This course is assessed through computer-based exams and a synoptic assessment, which draws on and assesses knowledge and understanding from across the qualification.
Do you need to be working to take the qualification?
This qualificationis designed to accommodate both working professionals and individuals who are not currently employed in an accounting role.
What related qualifications can you progress to?
After completing a Diploma in Accounting Level 2 qualification, individuals can pursue various related qualifications to further advance their knowledge, skills, and career prospects. The specific options may depend on personal interests, career goals, and the institution or awarding body offering the qualifications. Here are some potential related qualifications that individuals may consider:Diploma in Accounting Level 3,Bachelor's Degree in Accounting or Business,Association of Accounting Technicians (AAT) Qualifications…
Which types of job role can you apply for on completion?
Upon completing a Diploma in Accounting Level 2, individuals can apply for entry-level positions in the field of accounting and related areas. While the specific job titles may vary, here are some common entry-level roles that individuals with a Diploma in Accounting Level 2 may pursue:
- Accounts Assistant:
- As an Accounts Assistant, you may assist with basic accounting tasks such as bookkeeping, invoice processing, and maintaining financial records.
- Bookkeeper:
- Bookkeepers are responsible for recording financial transactions, balancing ledgers, and preparing financial statements. This role is crucial for maintaining accurate and up-to-date financial records.
- Finance Assistant:
- Finance Assistants provide support in various financial activities, including processing payments, handling invoices, and assisting with budgeting tasks.
- Payroll Clerk:
- Payroll Clerks focus on processing payroll, ensuring that employees are paid accurately and on time. They may also handle related tasks such as tax withholding and benefits administration.
- Accounts Payable/Receivable Clerk:
- In these roles, individuals manage either the payable (outgoing payments) or receivable (incoming payments) aspects of financial transactions, including processing invoices, tracking payments, and reconciling accounts.
- Administrative Assistant with Financial Focus:
- Administrative roles within finance departments may involve tasks such as data entry, document management, and providing general support to the finance team.
- Junior Finance Analyst:
- Some organizations may have entry-level finance analyst positions where individuals analyze basic financial data, prepare reports, and support more experienced analysts.
- Customer Service Representative in Banking or Financial Services:
- Individuals with a Diploma in Accounting may find roles in customer service within the banking or financial services sector, where knowledge of basic accounting principles can be valuable.
- Office Assistant or Clerk in Accounting Departments:
- Entry-level administrative roles within accounting departments often involve providing general support and assistance with routine tasks.
It's important to note that the availability of these roles can vary based on factors such as the size and industry of the organization. Additionally, gaining practical experience through internships or work placements can enhance your employability and help you transition into your chosen field. As you gain more experience and possibly pursue further education, you can progress to more specialized and advanced roles within the accounting and finance profession.