IAB Award In Computerised Payroll (Level 3)

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Description

In summary, the IAB Level 3 Award in Computerised Payroll aims to:

  1. Act as enhanced understanding of payroll processing and accounting using commercially available payroll software.
  2. Give candidates the necessary skills to assess their own competence in carrying out a range of day-to-day and complex computerised payroll routines and activities using commercially available payroll software. The activities will include entry of complex gross pay calculations, and routine payroll processing tasks including the reconciliation of the payroll on a monthly and annual basis, preparation and use of period end HMRC forms and returns, preparation of internal reports.
  3. To assess their understanding of the…

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Didn't find what you were looking for? See also: Computerised Payroll for Business, Payroll, Bookkeeping, Computerised Bookkeeping, and Accounting.

In summary, the IAB Level 3 Award in Computerised Payroll aims to:

  1. Act as enhanced understanding of payroll processing and accounting using commercially available payroll software.
  2. Give candidates the necessary skills to assess their own competence in carrying out a range of day-to-day and complex computerised payroll routines and activities using commercially available payroll software. The activities will include entry of complex gross pay calculations, and routine payroll processing tasks including the reconciliation of the payroll on a monthly and annual basis, preparation and use of period end HMRC forms and returns, preparation of internal reports.
  3. To assess their understanding of the importance of maintaining accuracy, security and data integrity in performing any payroll activity using commercially available payroll software as their computerised payroll system.
  4. Enable candidates to progress in their learning to further develop their knowledge, understanding and skills of dealing with payroll processes and transaction, and preparation of period end payroll returns and forms by:
    • Completing the units necessary to receive the Level 3 Certificate in Payroll (competence)
    • Undertaking further studies of associated payroll and human resource and taxation routines at Level 3
    • Undertaking further studies of payroll related topics at Level 4

HOW WILL I BE ASSESSED?

The mandatory unit is covered in one examination which will be offered as a standard sitting in June.

To successfully complete the qualification the candidate must pass the above Mandatory element of assessment. The unit is graded as Pass or Fail and the minimum levels of achievement for the unit, is set at 70%. The qualification is not graded and therefore on successful completion and verification the learner will receive a Pass in the Level 3 Award in Computerised Payroll (QCF) 601/0481/8.

ENTRY REQUIREMENTS

It is recommended that before commencing a course leading to this qualification, the prospective learner will already have basic skills in numeracy, information technology and literacy and experience of payroll using a computerised payroll package. The successful completion of the IAB Level 2 Award in Computerised Payroll (QCF) would be an ideal qualification to allow progression to the Level 3 Award in Computerised Payroll (QCF).

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