NVQ Level 2 Accounting Knowledge

Friday, 13 February 2026 16:24:27

International Students can apply

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NVQ Level 2 Accounting Knowledge

Overview

NVQ Level 2 Accounting Knowledge

This qualification is designed for individuals seeking to develop their understanding of basic accounting principles and practices. It is ideal for entry-level accounting professionals or those looking to enhance their skills in financial management, budgeting, and reporting. Students will learn how to prepare financial statements, manage payroll, and use accounting software effectively.

Whether you are starting your career in accounting or aiming to advance in the field, NVQ Level 2 Accounting Knowledge will provide you with the essential knowledge and skills to succeed.


Take the next step in your accounting journey today!

Embark on a rewarding journey in the world of finance with NVQ Level 2 Accounting Knowledge. This comprehensive course equips you with essential skills in financial record-keeping, budgeting, and tax preparation. Gain a competitive edge in the job market and open doors to various career opportunities in accounting, bookkeeping, and auditing. Enhance your employability with practical training and industry-relevant knowledge. Stand out as a proficient professional with a recognized qualification. Take the first step towards a successful career in finance and secure a stable future. Enroll in NVQ Level 2 Accounting Knowledge today and unlock your full potential. (13)

Entry requirements




International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

• Principles of double-entry bookkeeping
• Recording financial transactions
• Maintaining and reconciling cash records
• Processing ledger transactions and extracting a trial balance
• Understanding the principles of VAT
• Understanding the importance of financial statements
• Using accounting software
• Understanding the principles of costing and pricing
• Understanding the importance of internal controls in accounting
• Understanding the basics of payroll accounting

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

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

6 months - GBP £1250

9 months - GBP £950

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

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Accreditation

Awarded by an OfQual regulated awarding body

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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

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Career Opportunity Description
Accounts Assistant Assist in the preparation of financial statements, maintain financial records, and process invoices and payments.
Payroll Clerk Calculate and process employee salaries, deductions, and taxes, ensuring compliance with regulations.
Bookkeeper Record financial transactions, reconcile accounts, and produce financial reports for small businesses or organizations.
Accounts Payable Clerk Manage vendor invoices, process payments, and resolve discrepancies to ensure timely and accurate payments.
Finance Assistant Support financial operations, assist in budgeting and forecasting, and analyze financial data to provide insights for decision-making.

Key facts about NVQ Level 2 Accounting Knowledge

NVQ Level 2 Accounting Knowledge is a qualification that provides learners with a solid foundation in accounting principles and practices. The main learning outcomes include understanding basic accounting concepts, preparing financial statements, and using accounting software.
The duration of the NVQ Level 2 Accounting Knowledge course typically ranges from 6 to 12 months, depending on the learning provider and the pace of the learner. It involves a combination of classroom-based learning, practical exercises, and assessments to ensure competency in accounting skills.
This qualification is highly relevant to various industries, including finance, business, and administration. It equips learners with the necessary knowledge and skills to pursue entry-level accounting roles such as accounts assistant, bookkeeper, or payroll administrator. Employers value candidates with NVQ Level 2 Accounting Knowledge for their ability to handle financial tasks accurately and efficiently.
Overall, NVQ Level 2 Accounting Knowledge is a valuable qualification for individuals looking to kickstart their career in accounting or enhance their existing skills in the field. It provides a solid foundation for further study or progression to higher-level accounting qualifications.

Why this course?

NVQ Level 2 Accounting Knowledge is highly significant in today's market, especially in the UK where the demand for skilled accounting professionals is on the rise. According to recent statistics, the accounting sector in the UK is expected to grow by 10% over the next five years, creating over 50,000 new jobs. This growth is driven by the increasing complexity of financial regulations and the need for businesses to maintain accurate financial records. Having NVQ Level 2 Accounting Knowledge is essential for individuals looking to enter the accounting field or advance their careers. This qualification provides a solid foundation in accounting principles, financial reporting, and bookkeeping, making graduates highly sought after by employers. In fact, 80% of employers in the UK prefer candidates with formal accounting qualifications. By obtaining NVQ Level 2 Accounting Knowledge, professionals can demonstrate their expertise and commitment to the field, making them more competitive in the job market. With the increasing demand for skilled accounting professionals, having this qualification can open up a wide range of career opportunities and lead to a successful and rewarding career in the accounting industry. | UK Accounting Sector Growth | 10% over the next 5 years | |--------------------------|---------------------------------| | New Jobs Created | Over 50,000 | | Employer Preference | 80% prefer candidates with formal accounting qualifications |

Who should enrol in NVQ Level 2 Accounting Knowledge?

The ideal audience for NVQ Level 2 Accounting Knowledge is individuals looking to kickstart their career in accounting or finance.
This qualification is perfect for school leavers, career changers, or those seeking to upskill in the accounting field.
In the UK, 90% of businesses are SMEs, making accounting skills in high demand across various industries.
Whether you aspire to become a bookkeeper, payroll clerk, or accounts assistant, NVQ Level 2 Accounting Knowledge will provide you with the foundational skills needed to succeed.