OTHM Level 2 Award in Accounting Knowledge

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International Students can apply

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OTHM Level 2 Award in Accounting Knowledge

Overview

The OTHM Level 2 Award in Accounting Knowledge is designed for individuals seeking to develop a solid foundation in accounting principles and practices. This course covers essential topics such as financial statements, budgeting, and taxation, providing learners with the necessary skills to pursue a career in accounting or finance.


Whether you are a recent graduate looking to enhance your employability or a professional seeking to upskill, this qualification will equip you with the knowledge and expertise needed to succeed in the field of accounting.


Take the first step towards a rewarding career in accounting and enroll in the OTHM Level 2 Award today!

Embark on a rewarding journey with the OTHM Level 2 Award in Accounting Knowledge. This comprehensive course equips you with essential skills in financial accounting, management accounting, and ethics. Gain a solid foundation in accounting principles and practices, preparing you for a successful career in finance. Enhance your employability with practical knowledge and industry-relevant skills. Unlock opportunities in various sectors such as banking, auditing, and taxation. Stand out in the competitive job market with a recognized qualification. Join this course to boost your career prospects and pave the way for a bright future in the world of accounting. (8)

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

• Introduction to Accounting
• Principles of Recording and Processing Financial Transactions
• Preparation and Presentation of Financial Statements
• Cost and Management Accounting
• Indirect Tax
• Ethics for Accountants
• Spreadsheets for Accounting
• Professional Accounting Skills
• Accounting Software
• Budgeting and Forecasting

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

40% Cheaper

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
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Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Accounting Assistant Supports accounting department with data entry, reconciliations, and financial reporting. Assists in preparing financial statements and maintaining accurate records.
Bookkeeping Clerk Responsible for recording financial transactions, maintaining ledgers, and preparing balance sheets. Ensures accuracy and compliance with accounting standards.
Payroll Administrator Manages payroll processes, calculates wages, and ensures timely payment to employees. Handles tax deductions, benefits administration, and payroll reporting.
Accounts Receivable Clerk Monitors and collects payments from customers, maintains accurate records of accounts receivable, and resolves billing discrepancies. Supports financial operations.
Financial Analyst Analyzes financial data, prepares forecasts, and evaluates financial performance. Provides insights and recommendations to support strategic decision-making.

Key facts about OTHM Level 2 Award in Accounting Knowledge

The OTHM Level 2 Award in Accounting Knowledge is designed to provide learners with a foundational understanding of accounting principles and practices. The course covers topics such as financial statements, budgeting, and basic accounting concepts.
Upon completion of the program, students will be able to demonstrate knowledge of accounting principles, prepare basic financial statements, and understand the importance of budgeting in financial management.
The duration of the OTHM Level 2 Award in Accounting Knowledge is typically around 3 months, with part-time study options available for working professionals. The course is delivered through a combination of online learning materials, tutor support, and assessments.
This qualification is relevant for individuals looking to pursue a career in accounting or finance, as well as those seeking to enhance their understanding of financial management in a business context. It provides a solid foundation for further study in accounting or related fields.
Overall, the OTHM Level 2 Award in Accounting Knowledge offers a comprehensive introduction to accounting principles and practices, making it a valuable asset for individuals looking to enter the accounting profession or enhance their financial management skills.

Why this course?

The OTHM Level 2 Award in Accounting Knowledge holds significant importance in today's market, especially in the UK where the demand for skilled accounting professionals is on the rise. According to recent statistics, the UK accounting sector is expected to grow by 10% in 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 qualified individuals to navigate them effectively. The OTHM Level 2 Award in Accounting Knowledge provides learners with a solid foundation in accounting principles, preparing them for entry-level roles in the industry. This qualification covers essential topics such as financial statements, budgeting, and taxation, equipping students with the knowledge and skills needed to succeed in a competitive job market. Employers are increasingly looking for candidates with relevant qualifications and practical experience in accounting, making the OTHM Level 2 Award a valuable asset for professionals seeking career advancement. By obtaining this qualification, individuals can enhance their employability and stand out in a crowded job market, ultimately leading to better job prospects and higher earning potential.

Who should enrol in OTHM Level 2 Award in Accounting Knowledge?

The ideal audience for the OTHM Level 2 Award in Accounting Knowledge is individuals looking to kickstart their career in accounting.
This qualification is perfect for those who are seeking entry-level positions in accounting or finance roles.
With over 1.5 million accountants employed in the UK alone, there is a high demand for skilled professionals in this field.
Whether you are a recent graduate or looking to switch careers, this course will provide you with the foundational knowledge needed to excel in the accounting industry.