LCCI Level 2 IAS: Certificate in Bookkeeping and Accounting

Start Date: Beginning of October
Duration: October - March

LCCI Level 2 IAS: Certificate in Bookkeeping and Accounting





1. January - April (Spring)

2. May - September (Summer)

3. October - March (Winter)



Enable candidates to develop:

  • An understanding of the basic principles underlying the recording of business transactions.
  • The ability to prepare and interpret accounts for sole traders, partnerships, non-trading organisations and limited companies.




Please note that International Accounting Standards (IAS) replaced the Old Standard.

  • The Principles of Double Entry Accouting
  • The Preparation of Control Accounts
  • Reconciliation of Control Accounts
  • Correction of Errors NOT affecting the Trail balance
  • The Journal
  • Accounting Concepts
  • Accounting for Depreciation
  • Accounting for Irrecoverable Debts and Allowance for Doubtful Debts
  • Accounting for Accruals and Prepayments
  • Partnerships
  • Limited Liability Companies
  • Incomplete Records of a Sole Trader
  • Manufacturing Business
  • Non-Profit Making Organisations
  • The Caluclation and Interpretation of Accounting Ratios



Candidates are assessed by a three hour paper-based examination, consisting of five questions from which the candidate will need to answer all Five questions; Candidates must answer all five questions. The examination will consist of 100 marks. Candidates will be graded: Pass/ Merit/ Distinction or Fail.


Exams Series:

  1. January
  2. March
  3. April
  4. June
  5. July
  6. September
  7. November
  8. December



LCCI Level 2 IAS: Certificate in Bookkeeping and Accounting




  • Strovolos/Lakatamia
  • Pera Chorio-Nisou



In progress.


Frequently Asked Questions (FAQs):

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T: +357 22670778

E: [email protected]





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