Level 2 Syllabus

Level 2 Certificate in Accounting

Students learn processes relevant to finance administrators, including double entry bookkeeping; accounting systems; purchase, sales and general ledgers.

Processing bookkeeping transactions (PBKT)
Computer based test
  • Understand the principles of processing financial transactions.
  • Understand the double entry bookkeeping system.
  • Understand discounts.
  • Prepare and process financial documentation for customers.
  • Process supplier invoices and credit notes and calculate payments.
  • Maintain the cash-book.
  • Maintain petty cash records.
  • Process ledger transactions and extract a trial balance.
Control accounts, journals and the banking system (CJBS) Computer based test
  • Understand the purpose and use of control accounts and journals.
  • Maintain and use control accounts.
  • Maintain and use the journal.
  • Reconcile a bank statement with the cash book.
  • Understand the banking process.
  • Understand retention and storage requirements relating to banking documents.
Basic costing (BCST)
Computer based test
  • Understand the cost recording system within an organisation.
  • Be able to use the cost recording system to record or extract data.
  • Be able to use spreadsheets to provide information on actual and budgeted income and expenditure.
Work effectively in accounting  finance (WKAF) Workplace evidence or Computer based test
  • Understand the accounting or payroll function within an organisation.
  • Be able to use a range of communication skills.
  • Work independently or as part of a team.
  • Develop skills and knowledge to meet personal and organisational needs.
  • Understand ethical values and principles.
  • Understand sustainable values.
Computerised accounting (CPAG)
Workplace evidence or Computer Based Project
  • Accounting records.
  • Enter accounting transactions.
  • Perform a bank reconciliation.
  • Correct errors.
  • Produce a range of reports.
  • Maintain the security of accounting information using passwords and backup routines.