Home » Bookkeeping Qualifications » Level 1 Award in Bookkeeping 601/9065/6
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- Level 1 Award in Bookkeeping 601/9065/6
- Level 1 Award in Computerised Accounting for Business 603/2736/4
- Level 1 Award in Computerised Bookkeeping 601/9050/4
- Level 2 Certificate in Bookkeeping 601/9061/9
- Level 2 Certificate in Computerised Accounting for Business 603/2735/2
- Level 2 Certificate in Computerised Bookkeeping 601/9052/8
- Level 3 Certificate in Bookkeeping and Accounting 601/9058/9
- Level 3 Certificate in Computerised Accounting for Business 603/2737/6
- Level 3 Certificate in Computerised Bookkeeping and Accounting 601/9055/3
- Level 3 Diploma in Accounting and Cash Management 603/2755/8
Suitable for learners wanting an introduction to the process of keeping double entry records, preparing reconciliations and a trial balance
The qualification is made up of:
1 – Online Knowledge Test
2 – Online Assignments
Key information:
25 GLH (Guided Learning Hours)
50 hours TQT (Total Qualification Time)
- Learners starting their studies in the subject of bookkeeping from a point of no previous knowledge or experience.
- Learners employed at a junior level with some limited basic bookkeeping knowledge and skills, who want to formalise their competence by gaining a recognised accredited qualification in bookkeeping.
- Learners returning to study and/or work after a study or career break.
- Learners considering a change in career.
- Learners considering a career as a self-employed practitioner.
- Owners of a small business wanting an introduction to the function of bookkeeping with a view of keeping financial records for their business.
Introduction to bookkeeping – T/508/5857
- Understand the basics of double entry bookkeeping
- Understand bookkeeping terms
- Recognise source documents and understand their purpose
- Understand the basics of VAT
- Understand the purpose of the trial balance and petty cash and bank reconciliations
Keep double entry records and prepare a trial balance – A/508/5858
- Use the journal
- Record transactions in a double entry bookkeeping system
- Prepare a trial balance
Prepare reconciliations – F/508/5859
- Reconcile the petty cash balance
- Prepare a bank reconciliation statement
- Registration onto the qualification
- All IAB assessment fees (excluding re-sits)
- Certification upon successful completion of all assessments
This qualification is made up of:
1 – Online Knowledge Test
Online Knowledge tests are a series of independent short answer questions made up of multiple choice, gap fill, and true or false type questions. They are assessed via IABOnline and are open book. This might be taken in class or at home
2 – Online Assignments
Online Assignments are also assessed via IABOnline and are also open book. These are taken in class or at home and are short case study type questions with several tasks for each case study
Upon successful completion of this qualification you could move onto one of the following qualifications:
- Level 1 Award in Computerised Bookkeeping 601/9050/4
- Level 2 Certificate in Bookkeeping 601/9061/9