KPA
Level 2
QN: 610/1490/4
Curriculum Active
KPA Level 2 Award in the Basic Principles of Using Cloud Accounting Software (RQF)
Official qualification regulated by Ofqual, awarded by KPA. Classified as a Vocationally-Related Qualification. Total guided learning hours: 75 hours.
Qualification Level
Level 2
Awarding Body
KPA
Syllabus Units
4 Units
Guided Hours
75 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Principles of recording and processing financial transactions
Verified
Key Learning Objectives:
- Role of the book of prime entryPrinciples of codingDouble entry bookkeeping systemTypes of business discounts
- Use of the journal
- Use of Control accountsPurpose of the Trial Balance
2
Understand the Benefits and Risks of cloud-based software
Verified
Key Learning Objectives:
- Distinguish between features of accounting software and manual bookkeeping
- Know the advantages and disadvantages to users of different types of accounting software
- Understand threats to accounting software security
3
Using cloud-based software to manage accounting information
Verified
Key Learning Objectives:
- Enter and/or restore data using a cloud-based computerized accounting package at the start of the financial year
- Set up Assets, Liabilities, Capital, and Budgets
- Record Customer and Supplier financial documents
- Process Receipts and Payments
- Process Non-Credit Payments and Receipts
- Process Journals
- Produce Reports using Selection Criteria and Parameters
4
Using cloud-based software to process routine payments and receipts
Verified
Key Learning Objectives:
- Enter and/or Restore data using Cloud-based software
- Process Petty Cash Payments and Receipts
- Process Non-credit Payments and Receipts
- Correct Transaction Errors
- Process Salary Journals
- Carry out Bank Reconciliation
- Produce Reports using Selection Criteria and Parameters
Regulatory & Verification Details
- Qualification Number (QN)
- 610/1490/4
- Regulated Status
- Available to learners
- Awarding Body
- KPA
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Oct 2022
- Operational End
- Oct 2028