Accounting Level 2

L2 Accounting

Accounting enables students to understand the processes involved in recording, classifying, analysing and interpreting financial information. The programme aims are to:

• introduce basic accounting principles for entities

• develop students knowledge of cash and finance management for entities

• understand the accounting process for entities

• prepare financial statements for entities

Topics covered include:

1. Accounting concepts for an entity

2. Preparing financial information for an entity that operates accounting subsystems

3. Accounts Receivable subsystems used by entities

4. Inventory subsystems used by entities

5. Understanding of contemporary accounting issue for decision-making