• Above 16 years old
• High School English Level
• Certificate in Book-Keeping: Level 1 (Elementary) recommended.

Intermediate Book-Keeping (2nd Level)

This advanced aspects of elementary book-keeping aims to enable candidates to develop an understanding of the basic principles underlying the recording of business transactions, and the ability to prepare and interpret accounts for sole traders, partnerships, non-trading organizations and limited companies. This qualification is suitable for candidates who are working, or are preparing to work in an accounting environment maintaining financial records and preparing accounts. Candidates attempting this qualification should have the knowledge and skills equivalent to the LCCIIQ Level 1 Book-keeping qualification. Candidates who achieve Level 2 Bookkeeping and Accounts may progress to the LCCIIQ Level 3 Accounting qualification.

Assessment objectives (16 sessions | 48 contact hours):

The Level 2 Certificate in Bookkeeping and Accounting (ASE20093) consists of the range of topics detailed below:

• Recording Financial Transactions
• Control Accounts
• Correction of Errors and the Journal
• Adjustments in Financial Statements
• Partnerships
• Limited Liability Companies
• Incomplete Records of a Sole Trader
• Manufacturing Accounts
• Accounting for Non-profit Making Organisations
• Accounting Ratios

Lecture

Candidates must fulfill at least 75% course attendance requirements to sit for examinations. To obtain the certificate of attendance, students need to obtain at least a Pass grade in their examinations.

Assessment results / Award of certificate will be available to the students within 3 months of the last assessment for that assessment cycle.

Assessment results will be available to the students within 3 months upon completion of the last assessment for that assessment cycle. Appeal (if any) on assessment results must be lodged within 7 days after the release of assessment results.

COURSE DURATION TABLE