KPA
    Level 2
    QN: 610/1491/6
    Curriculum Active

    KPA Level 2 Award in the Principles of Using Cloud Accounting Software for Business (RQF)

    Official qualification regulated by Ofqual, awarded by KPA. Classified as a Vocationally-Related Qualification. Total guided learning hours: 102 hours.

    Qualification Level
    Level 2
    Awarding Body
    KPA
    Syllabus Units
    6 Units
    Guided Hours
    102 hrs
    Instant access to interactive lessons, quizzes, and spaced revision.

    Course Syllabus & Study Modules

    Complete breakdown of verified curriculum topics and learning objectives.

    1

    Basic principles of VAT

    Verified
    Key Learning Objectives:
    • State current VAT regulations
    2

    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
    3

    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
    4

    Understanding professional values and basic business legislation

    Verified
    Key Learning Objectives:
    • Explain the importance of integrity and professionalism
    • Know workplace legislation
    • Know the fundamental principles of money laundering legislation
    5

    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
    6

    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)
    610/1491/6
    Regulated Status
    Available to learners
    Awarding Body
    KPA
    Qualification Type
    Vocationally-Related Qualification
    Operational Start
    Oct 2022
    Operational End
    Oct 2028