Financial services and payment methods - CPD unit

Financial services and payment methods - CPD unit


Please note that completing this unit entitles you to 4 Continuing Professional Development (CPD) points.  It does not entitle you to the qualification unit.  If you would like to discuss the option of completing the Level 2 Certificate in Bookkeeping please contact the education department: or +44 (0)2081 878888.


The unit can be taken from home and completed on our online portal, IABonline.  Once registered, we will send you your login details which will give you access to the assessment that requires completing. You will be allocated three months from this time to complete the assessment.  Upon completion you will be sent a PDF certificate of your CPD unit.  If you would like some learning resources to help you, this unit is covered in our study text book Level 2 Bookkeeping which can be purchased here

Please note that tutor support is not included and cannot be provided by the IAB.  If you wish to complete the whole qualification and require tuition you can search for an IAB accredited training provider by visiting: If you choose to study with a training provider you will need to contact them directly to enquire about the price and to register for the qualification.


This unit consists of the following elements:

  • Understand the role of banks and building societies
  • Understand how businesses use financial services
  • Recognise appropriate methods of payment and understand their features
  • Understand the need for security measures and procedures for the safe-keeping of cash

The full unit specification can be found here.

Terms and conditions can be found here