Level 1 Award in Bookkeeping (QCF) 601/0470/3

This qualification is part of the Qualification and Credit Framework (QCF), which became fully operational in September 2010. Qualifications within the framework are made up of units and each unit is given a credit value, where one credit represents 10 hours of learning time. The title of every qualification within the new framework will contain details of the size (award/certificate/diploma), level of difficulty (Entry to level 8) and general content of the qualification.

Learners studying without being attached to an IAB accredited training centre, should contact the IAB for further information.

Name of Qualification Level 1 Award in Bookkeeping (QCF) 601/0470/3 Accreditation Review Date 30/04/2015 Guided Learning Hours (GLH) 43 Accreditation Number 601/0470/3 Level Level 1

To achieve this qualification, all the mandatory units consisting of 9 credits must be achieved. The accreditation number, level and credit value of each unit is as follows:

Mandatory units

Introduction to bookkeeping – M/600/8737 (level 1 – 1 credit)

Working within Bookkeeping - T/600/8738 (level 1 – 2 credits)

Banking procedures – R/505/1098 (level 1 – 1 credit)

Recording receipts and payments - L/600/8745 (level 1 – 1 credit)

Preparing and processing book-keeping documents - M/600/8740 (level 1 – 1 credit)

Recording Credit transactions - A/600/8742 (level 1 – 1 credit)

Making and receiving payments - J/600/8744 (level 1 – 1 credit)

Maintaining petty cash records – R/505/1120 (level 1 – 1 credit)