Level 2 Certificate in Computerised Bookkeeping 601/9052/8

Provides the knowledge and skills to set-up a computerised accounting system, prepare business documents, process a wide range of transactions from source documents and produce reconciliations and reports.

The qualification is made up of:

1 – Online Knowledge Test
1 – Examination

Key information:

50 GLH (Guided Learning Hours)
120 hours TQT (Total Qualification Time)

The Level 2 Award in Computerised Bookkeeping qualification is specifically aimed at learners who wish to further their studies of computerised accounting and gain a qualification at Level 2 of the regulated qualification framework, either from a point of some previous knowledge, or having already achieved the IAB Level 1 Award in Computerised Bookkeeping.

The qualification will also appeal to those learners who already have some practical knowledge and skills and wish to gain an accredited qualification in the subject of computerised accounting.

Owners of small businesses should also find the qualification useful as it gives coverage of the use of commercially available computerised software suitable for maintaining accounts for a small business.

This qualification is made up of the following units:

Principles of computerised accounting and VAT – M/508/5842

  • Understand the basics of computerised accounting
  • Understand terms used in accounting
  • Recognise source documents and understand their purpose
  • Understand the basics of the VAT system
  • Understand HMRC VAT rules
  • Understand the purpose of VAT accounts and the VAT return

Use a computerised accounting system – R/508/6627

  • Set up a computerised accounting system
  • Generate and use source documents
  • Account for cash sales and sundry income
  • Process customer receipts and refunds
  • Process supplier payments and refunds
  • Process payments through the bank current account
  • Process petty cash transactions
  • Reconcile the balance on the bank current account
  • Prepare and post journal entries
  • Generate reports

Students studying or wanting to study through a training provider, (classroom based or distance learning) should contact potential training providers to get an idea of the total cost for the qualification. As the majority of the training providers will include the IAB registration fees into their own fee.

For self-study students, (those studying without a training provider) The fee would be £120

This fee covers the following:

  • Registration onto the qualification
  • All IAB assessment fees (excluding re-sits)
  • Certification upon successful completion of all assessments

This qualification requires the use of commercially available computerised bookkeeping software. however this is NOT included in the fee and is NOT provided by the IAB.  Students will have to gain access to the software separately.

If you want to find out more about self study please click here

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


1 – Paper Examination

Paper Examinations these are assessed under examination conditions. There will be a scenario which will be worked through on a computerised accounting. A series of printouts will be generated throughout the examination and at the end. These printouts will then be submitted back to the IAB via the exam centre.

Examinations can be taken in any month and on any day (subject to the examination centre). This means that you can move up through the levels quickly as well.

Examinations require a minimum of 5 weeks notice in the UK and 8 weeks for those outside of the UK, before the examination date. This allows us enough time to process the registrations and get the examination papers dispatched

Click here to register for Level 2 Certificate in Computerised Bookkeeping as a self study student.

Please note that for Qualifications that require an exam to be sat under controlled conditions this exam must done at an IAB Centre. See a list of centres here.

Upon successful completion of this qualification you could move onto one of the following: