Overview
Acts as an introduction to the basics of using commercially available accounting software to set up a computerised accounting system, process business transactions and produce reports.
The qualification is made up of:
1 – Online Knowledge Test
1 – Online Assignment
Key information:
30 GLH (Guided Learning Hours)
70 hours TQT (Total Qualification Time)
Who is this qualification for?
The qualification has been designed to appeal to individuals within the following groups:
- Learners starting their studies in the subject of computerised accounting from a point of no previous knowledge or experience.
- Learners employed at a junior level with some limited basic accounting knowledge and skills who want to formalise their competence by gaining a recognised accredited qualification in computerised bookkeeping.
- Learners returning to study and/or work after a study or career break.
- Learners considering a change in career.
- Learners considering a career as a self-employed practitioner.
- Owners of small businesses wanting an introduction to the function of computerised accounting so that they can personally keep computerised records for their business.
What you’ll study
Introduction to computerised accounting – D/508/5836
- Understand the basics of computerised accounting
- Understand accounting terms
- Recognise source documents
- Understand the basics of the VAT system
Set up a computerised accounting system and process data – Y/508/5849
- Set up a computerised accounting system
- Process credit based transactions
- Process cash sales and sundry income
- Process receipts from credit customers
- Process payments to credit suppliers
- Process payments through the bank current account
- Process petty cash transactions
- Reconcile the balance on the bank current account
- Generate reports
How much will it cost?
For self-study students, (those studying without a training provider) The fee would be £105
This fee covers the following:
- Registration onto the qualification
- All IAB assessment fees (excluding re-sits)
- Certification upon successful completion of all assessments
- Free IAB student membership for 1 year (click here for a list of student benefits)
This qualification requires the use of commercially available computerised bookkeeping software. however this is NOT included in the fee and is NOT provided by the IAB. Students will have to gain access to the software separately.
If you want to find out more about self study please click here
How is it assessed?
This qualification is made up of:
1 – Online Knowledge Test
Online Knowledge tests are a series of independent short answer questions made up of multiple choice, gap fill, and true or false type questions. They are assessed via IABOnline and are open book. This might be taken in class or at home
1 – Online Assignment
Online Assignments are also assessed via IABOnline and are also open book. These are taken in class or at home and are short case study type questions with several tasks for each case study
Self Study Registration
Next steps after passing
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