Bookkeeping Level 1 IAB

Bookkeeping Level 1 IAB
Who is the course for?
For those of you who wish to begin your studies of bookkeeping and gain an entry level
qualification at Level 1. Owners of small businesses may also find this qualification useful as it
covers the keeping of single entry book manual keeping system and also acts as the underpinning
knowledge of bookkeeping for the processing of financial transaction using a computerised
accounting system.
What are the entry requirements?
Level 1 English
Entry 3 Maths
What will I study?
A total of 9 credits must be achieved from 8 mandatory units: Introduction to bookkeeping (1
credit); Working within Bookkeeping (2 credits); Banking procedures (1 credit); Recording receipts
and payments (1 credit); Preparing and processing bookkeeping documents (1 credit); Recording
credit transactions (1 credit); Making and receiving payments (1 credit) and Maintaining petty cash records (1 credit). You will be introduced to the skills and underpinning knowledge of financial record keeping. You will also learn the necessary skills to record financial transactions in a single entry, manual bookkeeping system.
How is the course taught?
A range of practical activities will be set to develop knowledge, skills and understanding.
How will I be assessed?
You will be assessed through a combination of IAB set knowledge tests, assignment and
examination.
By the end of the course what vocational skills will I obtain?
Understand the job role and career path for a bookkeeper
Understand different type of business organisation
Understand the banking process
Reconcile the bank statement with the cash book
Process supplier invoices and credit notes
Process cash receipts
What materials do I need for the course?
You need a calculator, a pen, a ruler and A4 sized ruled sheets of paper.
What courses can I progress to after successfully completing this one?

Fee information

Accredited courses

Fee A

Full Fee (Full fees for courses of 15 weeks or more can be paid in two instalments. You must include the first half with your enrolment)

Fee B

If you are:

• aged 16-18 years old on an accredited course
• on Job Seeker's Allowance or on Employment Support Allowance (Work-Related Activity Group)
• unemployed and in receipt of a means tested benefit (or are dependent of someone who is unemployed and in receipt of a means tested benefit) and sign a Declaration of Intention to enter employment
• aged 19-23 studying for a first full Level 2 qualification and do not already have a full Level 2 qualification or equivalent
• aged 19-24 studying for a first full Level 3 qualification and you do not already have a full Level 3 qualification or equivalent
• studying GCSE English or maths and do not already have a grade C or above
• studying an accredited English or maths course
• studying an entry or Level 1 accredited course and are aged 19-23 and have prior attainment below full Level 2. (This does not apply to ESOL courses)
• taking part in a Family Learning activity

Fee C

Exam fees are non-refundable and payable at enrolment. In some cases exam fees are to be confirmed.

*first £40 of the exam fee applies.

Non-accredited coursesFee AFull Fee (Full fees for courses of 15 weeks or more can be paid in two instalments. You must include the first half with your enrolment).Fee BLearners who are working and are in receipt of means tested benefits other than JSA/ESA e.g. housing benefit, council tax benefit, income support or pension credit.Fee C

Learners in receipt of 'active' benefits i.e. job seekers allowance, Employment Support allowance (Work Related Activity Group).

or

Learners in receipt of wider benefits (or their unwaged dependant) e.g. council tax benefit, housing benefit, income support, pension guarantee credit who sign to declare that they are intending to enter employment.

You will be required to provide valid proof that you are entitled to receive a free course or a reduced fee at enrolment.

Fee information

Accredited courses

Fee A

Full Fee (Full fees for courses of 15 weeks or more can be paid in two instalments. You must include the first half with your enrolment)

Fee B

If you are:

• aged 16-18 years old on an accredited course
• on Job Seeker's Allowance or on Employment Support Allowance (Work-Related Activity Group)
• unemployed and in receipt of a means tested benefit (or are dependent of someone who is unemployed and in receipt of a means tested benefit) and sign a Declaration of Intention to enter employment
• aged 19-23 studying for a first full Level 2 qualification and do not already have a full Level 2 qualification or equivalent
• aged 19-24 studying for a first full Level 3 qualification and you do not already have a full Level 3 qualification or equivalent
• studying GCSE English or maths and do not already have a grade C or above
• studying an accredited English or maths course
• studying an entry or Level 1 accredited course and are aged 19-23 and have prior attainment below full Level 2. (This does not apply to ESOL courses)
• taking part in a Family Learning activity

Fee C

Exam fees are non-refundable and payable at enrolment. In some cases exam fees are to be confirmed.

*first £40 of the exam fee applies.

Non-accredited coursesFee AFull Fee (Full fees for courses of 15 weeks or more can be paid in two instalments. You must include the first half with your enrolment).Fee BLearners who are working and are in receipt of means tested benefits other than JSA/ESA e.g. housing benefit, council tax benefit, income support or pension credit.Fee C

Learners in receipt of 'active' benefits i.e. job seekers allowance, Employment Support allowance (Work Related Activity Group).

or

Learners in receipt of wider benefits (or their unwaged dependant) e.g. council tax benefit, housing benefit, income support, pension guarantee credit who sign to declare that they are intending to enter employment.

You will be required to provide valid proof that you are entitled to receive a free course or a reduced fee at enrolment.