Pearson LCCI Level 2 Certificate in Book-Keeping & Accounts (IAS) Central

Course details

Above 16 years old
High School English Level
Certificate in Book-Keeping: Level 1 (Elementary) recommended.
Course Outline

Intermediate Book-Keeping (2nd Level)

This advanced aspects of elementary book-keeping aims to enable candidates to develop an understanding of the basic principles underlying the recording of business transactions, and the ability to prepare and interpret accounts for sole traders, partnerships, non-trading organizations and limited companies. This qualification is suitable for candidates who are working, or are preparing to work in an accounting environment maintaining financial records and preparing accounts. Candidates attempting this qualification should have the knowledge and skills equivalent to the LCCIIQ Level 1 Book-keeping qualification. Candidates who achieve Level 2 Bookkeeping and Accounts may progress to the LCCIIQ Level 3 Accounting qualification.

ASSESSMENT OBJECTIVES (16 SESSIONS | 48 CONTACT HOURS):

The ledger accounts for:

Sole trader
Partnerships
Limited liability companies
Non-trading organisations
Preparation of accounts in vertical of horizontal form
Calculation and interpretation of accounting ratios such as ROCE (Return On Capital Employed), profit to sales, current ratio, liquidity ratio, rate of stock turnover and sales to capital employed.


Method of Delivery

Lecture

Award Criteria

Candidates must fulfill at least 75% course attendance requirements to sit for examinations. To obtain the certificate of attendance, students need to obtain at least a Pass grade in their examinations.

Grading System

GRADING RESULTS
50% - 59% PASS
60% - 74% PASS WITH CREDIT
75% and above PASS WITH DISTINCTION
Assessment Information

Assessment results / Award of certificate will be available to the students within 3 months of the last assessment for that assessment cycle.

Expected date of release of Assessment result

Assessment results will be available to the students within 3 months upon completion of the last assessment for that assessment cycle. Appeal (if any) on assessment results must be lodged within 7 days after the release of assessment results.

Specimen Certificate

LCCI_Sample_Certificate_UPD2_BTCH1_v2_Pearson LCCI Level 2 Certificate in Book-keeping & Accounts (IAS) (1)