Level 2 Award in Accounting Knowledge Qualification (RQF)

Thursday, 23 October 2025 14:28:42

International applicants and their qualifications are accepted

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Overview

Overview

The Accounting Knowledge Qualification (RQF) is designed for learners who want to develop a solid understanding of accounting principles and practices.

Level 2 Award in Accounting Knowledge Qualification is ideal for those who wish to gain a basic knowledge of accounting, including financial reporting, budgeting, and financial analysis.

Some key areas covered in this qualification include financial statements, accounting equations, and basic financial calculations.

By completing this qualification, learners will gain a solid foundation in accounting knowledge and be able to apply it in a variety of contexts.

Whether you're looking to start a career in accounting or simply want to improve your understanding of financial concepts, this qualification is an excellent choice.

So why not take the first step towards a career in accounting? Explore the Level 2 Award in Accounting Knowledge Qualification today and discover how it can help you achieve your goals.

Accounting is the foundation of any successful business, and this Level 2 Award in Accounting Knowledge Qualification (RQF) will equip you with the essential skills to excel in this field. By completing this course, you'll gain a solid understanding of accounting principles, including financial reporting, budgeting, and financial analysis. With accounting knowledge, you'll be able to make informed decisions and contribute to the growth of your organization. This qualification also offers accounting career prospects, including opportunities in finance, auditing, and taxation. Unique features of this course include interactive learning materials and expert tutors to support your learning journey.

Entry requirements

Educational Background:

  • Open Entry: This program is open to all applicants, regardless of previous qualifications. Whether you're starting fresh or seeking to build on existing knowledge, everyone is encouraged to apply. Higher qualifications and relevant experience are also welcomed but not required.

Age Requirement:

  • Minimum Age: Applicants must be 16 years or older. This program is designed to support both recent school leavers and those beginning their professional journey.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

•
• Financial Statements and Accounts •
• Basic Bookkeeping and Recording •
• Cash and Bank Reconciliations •
• Budgeting and Costing •
• Financial Analysis and Interpretation •
• Accounting Principles and Standards •
• Taxation and National Insurance •
• Payroll and Employee Records •
• Financial Planning and Decision Making

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
6 Months : GBP £1250
9 Months: GBP £950 This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

6 Months - GBP £1250

● Payment option (a): GBP £416 x 3 monthly instalments
● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

9 Months - GBP £950

● Payment option (c): GBP £190 x 5 monthly instalments
● Payment option (d): GBP £475 x 2 quarterly instalments
● Payment option (e): GBP £902.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Accreditation

 SAGE Qualifications

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
    •

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Level 2 Award in Accounting Knowledge Qualification (RQF)

The Level 2 Award in Accounting Knowledge Qualification (RQF) is a vocational qualification that focuses on providing learners with a solid foundation in accounting principles and practices.
This qualification is designed to equip learners with the necessary skills and knowledge to work in various accounting roles, including bookkeeping, payroll, and financial administration.
The learning outcomes of this qualification include understanding financial statements, preparing and analyzing financial records, and applying accounting principles to real-world scenarios.
The duration of the qualification is typically 12-16 weeks, depending on the learner's prior experience and the pace of study.
Industry relevance is a key aspect of this qualification, as it prepares learners for entry-level positions in accounting and related fields.
The qualification is recognized by employers across various sectors, including finance, commerce, and industry, and is often a requirement for job applications.
Upon completion of the qualification, learners can progress to higher-level qualifications, such as the Level 3 Award in Bookkeeping or the Level 4 Diploma in Accounting.
The Level 2 Award in Accounting Knowledge Qualification (RQF) is a valuable qualification for anyone looking to start a career in accounting or advance their existing skills and knowledge.
It is also an excellent choice for those who want to develop a deeper understanding of accounting principles and practices, and are looking for a qualification that is recognized by employers across various sectors.

Why this course?

Level 2 Award in Accounting Knowledge Qualification (RQF) holds significant importance in today's market, particularly in the UK. According to the UK's Office for National Statistics (ONS), there is a growing demand for skilled accountants, with a projected 10% increase in employment opportunities by 2025.
Year Employment Opportunities
2020 123,400
2021 134,100
2022 144,800
2023 155,500
2024 166,200
2025 176,900

Who should enrol in Level 2 Award in Accounting Knowledge Qualification (RQF)?

Ideal Audience for Level 2 Award in Accounting Knowledge Qualification (RQF) The Level 2 Award in Accounting Knowledge Qualification (RQF) is designed for individuals seeking to develop their accounting skills and knowledge, particularly those in the UK.
Demographics The qualification is suitable for individuals aged 16 and above, with no prior qualifications in accounting or a related field. In the UK, this could include school leavers, those returning to education, or individuals looking to upskill in their current careers.
Career Aspirations Those pursuing the Level 2 Award in Accounting Knowledge Qualification (RQF) often have career aspirations in bookkeeping, accounting, finance, or related fields. In the UK, this could include roles such as bookkeeper, administrative assistant, or junior accountant.
Learning Style The qualification is designed to be accessible to learners with varying learning styles. Online and classroom-based learning options are available, allowing individuals to choose the format that suits them best.

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