OTHM Level 2 Award in Accounting Knowledge Qualification

Saturday, 14 February 2026 08:54:19

International Students can apply

Apply Now     Viewbook

OTHM Level 2 Award in Accounting Knowledge Qualification

Overview

The OTHM Level 2 Award in Accounting Knowledge Qualification

is designed for individuals

looking to develop a solid foundation in accounting principles and practices.

This qualification covers key topics such as financial statements, budgeting, and taxation,

providing learners with essential skills

to pursue a career in accounting or finance.

Whether you are a beginner seeking to enter the field or a professional looking to enhance your knowledge,

this qualification will help you achieve your goals.

Take the first step towards a successful career in accounting

by enrolling in the OTHM Level 2 Award in Accounting Knowledge Qualification today!

Embark on your journey to financial expertise with the OTHM Level 2 Award in Accounting Knowledge Qualification. This comprehensive course equips you with essential skills in financial accounting, management accounting, and taxation. Gain a solid foundation in accounting principles and practices, preparing you for a successful career in finance. Enhance your employability with this globally recognized qualification, opening doors to a wide range of job opportunities in various industries. Stand out in the competitive job market with your in-depth knowledge of financial reporting and analysis. Take the first step towards a rewarding career in accounting with this dynamic and practical course. (9)

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

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

Apply Now

Accreditation

Awarded by an OfQual regulated awarding body

Apply Now

  • 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

Accounting Assistant Supports accounting department with basic bookkeeping tasks such as data entry, reconciliations, and financial report preparation.
Accounts Payable Clerk Responsible for processing invoices, issuing payments, and maintaining vendor records in compliance with accounting standards.
Payroll Administrator Manages employee payroll processing, including calculating wages, deductions, and taxes, ensuring accuracy and timeliness.
Financial Analyst Analyzes financial data, prepares forecasts, and provides insights to support strategic decision-making within an organization.
Tax Preparer Assists individuals and businesses in preparing and filing tax returns, ensuring compliance with tax laws and regulations.

Key facts about OTHM Level 2 Award in Accounting Knowledge Qualification

The OTHM Level 2 Award in Accounting Knowledge Qualification is designed to provide learners with a foundational understanding of accounting principles and practices. The course covers topics such as financial statements, double-entry bookkeeping, and basic costing techniques. By the end of the program, students will be able to prepare simple financial statements, understand the principles of VAT, and apply basic costing techniques.
This qualification typically takes around 3 months to complete, with a total of 60 guided learning hours. The course is delivered through a combination of lectures, tutorials, and practical exercises to ensure that students have a comprehensive understanding of the subject matter. Assessment is done through assignments and exams to evaluate the learners' knowledge and skills.
The OTHM Level 2 Award in Accounting Knowledge Qualification is highly relevant for individuals looking to pursue a career in accounting or finance. It provides a solid foundation for further studies in accounting and can also be beneficial for those seeking entry-level positions in the industry. The qualification is recognized by employers and professional bodies, making it a valuable addition to one's resume. Overall, this qualification equips learners with the essential knowledge and skills needed to succeed in the field of accounting.

Why this course?

The OTHM Level 2 Award in Accounting Knowledge Qualification 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 projected to grow by 10% over the next five years, creating a need for qualified individuals who possess the necessary knowledge and skills to excel in this field. This qualification provides learners with a solid foundation in accounting principles, financial statements, and basic bookkeeping practices, making them highly sought after by employers in various industries. With the increasing complexity of financial regulations and reporting standards, having a strong understanding of accounting fundamentals is crucial for success in the modern business environment. By obtaining the OTHM Level 2 Award in Accounting Knowledge Qualification, individuals can enhance their career prospects and open up opportunities for advancement in the accounting profession. This qualification not only validates their expertise but also demonstrates their commitment to continuous learning and professional development. In a competitive job market, having this qualification can give candidates a competitive edge and set them apart from their peers. | UK Accounting Sector Growth Projection | 10% over the next five years | |----------------------------------------|----------------------------------|

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

The ideal audience for the OTHM Level 2 Award in Accounting Knowledge Qualification 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 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 qualification will provide you with the foundational knowledge needed to succeed in the accounting industry.