Level 2 Certificate in Accounting

Course Options

Format: Online Live Classes or On-Demand Self-Study
Language: English Only or English with Ukrainian Explanations
Course Length: 2 Units (3 months) or Complete 4 Units (6 months)
Access Period: 8 months (240 days) for complete course
Qualification: SCQF Level 6 in Scotland, GCSE (Grades 4-9) equivalent

Course Packages

2 Units Package - £300.00

Principles of Costing + The Business Environment

• Duration: 3 months

• Content: 24 hours of video lectures + 98 hours of self-study

• Assessment: 2 assessments

• Focus: Costing systems and business environment knowledge

Complete 4 Units Package - £600.00 (Most Popular)

Full Level 2 Certificate in Accounting

• Duration: 6 months

• Content: 48 hours of video lectures + 196 hours of self-study

• Assessment: 4 assessments

• Units: Introduction to Bookkeeping + Principles of Bookkeeping Controls + Principles of Costing + The Business Environment

Format Options

Online Live Classes

Interactive sessions with real-time instruction

• Schedule: Twice a week, 1 hour per lesson

• Duration: 3 months (2 units) or 6 months (4 units)

• Interaction: Real-time Q&A with instructor and classmates

• Support: Live guidance and immediate feedback

On-Demand Self-Study

Complete flexibility to learn at your own pace

• Access: 24/7 availability to all course materials

• Format: Pre-recorded video lessons featuring real students

• Flexibility: Study whenever and wherever suits you

• Duration: Lifetime access to recorded video lessons

Language Options

English Only

• All instruction delivered in professional English

• Course materials and assessments in English

• Suitable for confident English speakers

• Develop advanced financial English terminology

• Direct preparation for UK accounting standards

English with Ukrainian Explanations

• Core instruction in English with Ukrainian explanations for complex concepts

• All materials and assessments remain in English

• Ukrainian support for better understanding of difficult topics

• Ideal for building English confidence in accounting and finance

• Perfect bridge to professional English proficiency

What You'll Learn

Get a foundation in finance administration and core accounting skills with this comprehensive online qualification. This qualification delivers essential skills in double-entry bookkeeping, basic costing, and understanding of purchase, sales and general ledgers. You'll also develop accountancy-related business and personal skills while exploring four key themes: ethics, technology, communications and sustainability.

Complete 4 Units Course Structure:

Unit 1: Introduction to Bookkeeping (25% of qualification)

• Understanding manual and digital bookkeeping systems

• Basic principles of double-entry bookkeeping systems

• Processing customer, supplier, and payment transactions

• Setting up bookkeeping systems and ledger accounts

Unit 2: Principles of Bookkeeping Controls (25% of qualification)

• Advanced bookkeeping control systems

• VAT control accounts and reconciliations

• Journal entries and error corrections

• Trial balance preparation and adjustments

Unit 3: Principles of Costing (20% of qualification)

• Cost recording systems within organizations

• Cost recording techniques and calculations

• Budgeted vs actual cost analysis

• Tools and techniques for cost calculations

Unit 4: The Business Environment (30% of qualification)

• Contract law and legal frameworks

• External business environment understanding

• Corporate social responsibility and ethics

• Business entity types and organizational structures

• Finance function within organizations

2 Units Package Focus:

• Principles of Costing: Master essential costing principles, cost recording systems, and techniques to support cost calculations and management decision-making

• The Business Environment: Understand contract law, external business environment, corporate social responsibility, business entity types, and the finance function within organizations

Learning Outcomes

Upon successful completion, you will be able to:

Bookkeeping Skills (4 Units Package)

• Set up and maintain bookkeeping systems

• Process customer and supplier transactions

• Handle receipts, payments, and ledger accounts

• Use control accounts and perform reconciliations

• Prepare and adjust trial balances

• Record VAT transactions and corrections

Costing Skills (Both Packages)

• Understand cost recording systems within organizations

• Use cost recording techniques effectively

• Analyze actual vs budgeted costs and income

• Apply tools and techniques for cost calculations

• Support management decision-making with cost information

Business Environment Knowledge (Both Packages)

• Understand principles of contract law

• Analyze external business environment factors

• Apply corporate social responsibility principles

• Identify different business entity types

• Understand the finance function within organizations

Who Should Enroll

2 Units Package Perfect For:

• Business professionals needing costing knowledge

• Finance assistants wanting to specialize in costing

• Those preparing for advanced accounting qualifications

• Anyone interested in understanding business operations and cost management

4 Units Package Perfect For:

• Career changers entering accounting and finance

• Current bookkeepers seeking formal qualification

• Business owners wanting comprehensive financial understanding

• Students preparing for further accounting studies

• Finance professionals building foundational knowledge

Career Opportunities

This qualification can lead to roles such as:

• Accounts Administrator

• Accounts Assistant

• Accounts Payable Clerk

• Purchase/Sales Ledger Clerk

• Trainee Accounting Technician

• Trainee Finance Assistant

• Junior Bookkeeper

• Cost Analyst (with costing specialization)

Key Course Features

✅ Flexible format options - Choose between live online classes or self-paced study

✅ Language support - Select English only or English with Ukrainian explanations

✅ Recognized qualification - SCQF Level 6 equivalent, internationally recognized

✅ Expert instruction - Qualified finance professionals with industry experience

✅ Practical focus - Real-world scenarios and professional applications

✅ Comprehensive support - Access to instructor guidance and student community

✅ Professional development - Foundation for further accounting qualifications

✅ Quality assurance - Approved by AIA (Association of International Accountants)

Entry Requirements

Open to all students. You can start with any qualification depending on existing skills and experience. For best results, we recommend beginning with a good understanding of English and mathematics.

Ideal for those with some business or accounting background looking to develop specific costing and business environment expertise.

Assessment and Certification

Assessment Methods:

• Practical exercises and coursework

• Written assessments in English

• Real-world application projects

• Portfolio development

Certification:

• Level 2 Certificate in Accounting from ELF College

• Individual unit certificates available

• Internationally recognized qualification

• Foundation for progression to Level 3 studies

Technical Requirements

For Online Live Classes:

• Stable internet connection

• Computer/laptop with webcam and microphone

• Zoom application

• Quiet study environment for live sessions

For On-Demand Study:

• Internet connection for video streaming

• Computer, tablet, or smartphone

• Self-directed learning capability

• Flexible study schedule