With the other learners in your class you will gain the necessary skills to carry out a range of day to day manual and computerised bookkeeping routines and activities, using a double entry manual bookkeeping system.
This is a qualification course leading to achievement of the IAB Level 2 Certificate in Bookkeeping and the IAB Level 2 Certificate in Computerised Bookkeeping.
Good bookkeeping is essential business maintenance. In short, a bookkeeper keeps track of monies coming into and out of the business. By maintaining accurate financial records, bookkeepers help small, medium and micro businesses:
- Prepare reconciliations for cash book and petty cash
- Keep on top of day-to-day cash flow
- Efficiently run their finances
Traditionally, bookkeepers kept paper records of business transactions. Today, a bookkeeper's tasks are diverse and highly sophisticated - requiring skilled knowledge.
The qualification is made up of 9 units:
- Principles of VAT
- Preparing and recording financial documentation
- Maintaining petty cash records
- Maintaining and reconciling the cash book
- Maintaining the journal
- Processing ledger transactions and extracting a trial balance
- Maintaining control accounts
- Setting up accounting software to manage accounting information
- Process routine payments and receipts using a computerised system
This course continues to build on knowledge gained at level 1 and will give you the necessary skills to prepare control accounts, maintain the journal and complete double-entry, manual, bookkeeping.
You will be able to assess your own competence in carrying out a range of basic day-to-day computerised bookkeeping routines and activities using commercially available computerised accounting software.
You will develop the necessary underpinning knowledge and skills, to assess your understanding of the importance of maintaining accuracy, security and integrity, in performing bookkeeping tasks using a manual and computerised double entry bookkeeping system.
The course is intended to prepare you for entry into a range of possible job roles in small and medium sized enterprises. These might include the role of bookkeeper, accounts clerk or financial and business administrative assistant. This qualification also will provide essential knowledge and skills for those either operating or in the process of setting up an enterprise.
A variety of learning activities will be used on this course, including tutor presentation and demonstration, practical application of skills, individual and group work, discussions, Q&A, internet research and individual research. Where relevant, your learning will enable you to develop skills and knowledge required for work. There may be vocational specialist guest speakers, or employers, invited to share their skills and experience.
Regular home study will be necessary to successfully complete this course. You will be supported to develop good study skills.
Your tutor will also support you to improve your English and maths skills alongside your learning of your vocational subject. This will include assessing your current skills and planning learning activities related to your subject that are designed to develop your skills in these areas. To support this, you will undertake some e-learning modules, where appropriate, as homework.
If you have declared at enrolment that you are unemployed, you may be invited to meet with an Information, Advice and Guidance Officer or employability member of staff, to identify other learning opportunities that will support you to secure employment or improve your employment prospects. We highly recommend that you engage fully in any other learning opportunities that we help you identify.
This is a vocational course leading to a qualification, and the cost is subsidised by public funding. You will be required to complete all of the necessary coursework/assignments or exams by the given deadlines. Please note - if you do not successfully complete the course within this academic year, you will not be able to repeat it at the subsidised fee.
For further information on the syllabus for this course please go to www.iab.org.uk.