IAB Level 3 Certificate in Book-Keeping
IAB Level 3 Certificate in Book-Keeping
Starting dates and places
Description
Who is the course for?
The IAB Bookkeeping qualifications are specifically designed to appeal to those who are aspiring to become, or who are already, professional bookkeepers or accounts administrators.
What do I get out of it?
On successful completion of all the mandatory units, the learner will receive a certificate to confirm the achievement of the Level 3 Certificate in Manual Bookkeeping (QCF). The Certificate will include the full name and accreditation number of the qualification and the grade awarded.
The Qualification
This qualification is part of the Qualification and Credit Framework (QCF). Qualifications within the framework are made up of units and each unit is given a cre…
Frequently asked questions
There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.
Who is the course for?
The IAB Bookkeeping qualifications are specifically designed to appeal to those who are aspiring to become, or who are already, professional bookkeepers or accounts administrators.
What do I get out of it?
On successful completion of all the mandatory units, the learner will receive a certificate to confirm the achievement of the Level 3 Certificate in Manual Bookkeeping (QCF). The Certificate will include the full name and accreditation number of the qualification and the grade awarded.
The Qualification
This qualification is part of the Qualification and Credit Framework (QCF). 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.
Assessment and Grading
With the introduction of the QCF the IAB has introduced additional assessments to supplement the standard form of examination. The additional assessments consist of two assignments and in order to successfully complete the qualification, all the relevant modes of assessment must be successfully completed.For this qualification the IAB will provide all assessment material including assignments and examinations.Front sheets will be supplied with answer books which will allow the recording of the marks for the assessment and allow for details of internal verification and external moderation. IAB level 3 examinations will be offered as standard sittings , or on an on demand basis.
The Syllabus
Syllabus for:
IAB Level 3 Certificate in Book-Keeping
UNIT
CREDIT
ASSESSMENT METHOD
Fundamentals of Book-Keeping and Accounting for Partnerships
1
Knowledge test *
Principles of preparing financial statements for a Sole Trader
1
Knowledge test *
Principles of accounting for not for profit Organisations
1
Knowledge test *
Principles of double entry Book-Keeping
2
Knowledge test *
Fundamentals of incomplete records
1
Knowledge test *
Principles of VAT
2
Knowledge test *
Work effectively in Accounting and Finance
2
Project *
Prepare financial statements for a Sole Trader from incomplete records
3
Assignment *
Preparing and completing VAT Returns
2
Assignment *
Record transactions and make accounting adjustments
5
End exam +
Prepare financial statements for a not for profit Organisation
2
End exam +
Prepare financial statements for a Partnership
3
End exam +
Prepare financial statements for a Sole Trader
3
End exam +
Total credits
28
*Done from home
+ External exam
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