Level 2 Award in Using Computerised Accounting Software in Business Qualification (RQF)
In today’s fast-paced business environment, proficiency in computerised accounting software is no longer a luxury—it’s a necessity. The Level 2 Award in Using Computerised Accounting Software in Business Qualification (RQF) is designed to equip individuals with the skills and knowledge needed to manage financial records efficiently using modern accounting tools. This article explores the key aspects of this qualification, its benefits, and why it’s a game-changer for aspiring accountants and business professionals.
What is the Level 2 Award in Using Computerised Accounting Software?
The Level 2 Award is a regulated qualification that focuses on developing practical skills in using computerised accounting systems. It is part of the Regulated Qualifications Framework (RQF), ensuring that it meets national standards for quality and relevance. This course is ideal for individuals who want to:
- Enhance their employability in finance and accounting roles.
- Gain hands-on experience with popular accounting software like Sage, QuickBooks, or Xero.
- Improve their ability to manage financial transactions, produce reports, and maintain accurate records.
Why is This Qualification Important?
According to recent statistics, over 80% of businesses now use some form of computerised accounting software to manage their finances. This shift has created a growing demand for professionals who are proficient in these tools. Here are some compelling reasons to pursue this qualification:
- Increased Efficiency: Computerised accounting reduces manual errors and speeds up financial processes.
- Career Advancement: Employers value candidates with certified skills in accounting software.
- Versatility: The skills learned are applicable across various industries and job roles.
Key Learning Outcomes
By completing this course, learners will be able to:
- Set up and configure accounting software for business use.
- Process financial transactions, including sales, purchases, and payroll.
- Generate financial reports such as profit and loss statements and balance sheets.
- Understand the principles of double-entry bookkeeping and VAT calculations.
Course Structure and Assessment
The Level 2 Award is typically delivered over a period of 6-12 weeks, depending on the learning provider. The course is assessed through a combination of practical assignments and written exams. Below is a breakdown of the course structure:
