1. Invest in your career
If you are thinking about a career in finance, invest time with the IAB. As a non-profit membership organisation our aim is to support finance professionals from the start of their career throughout their professional life.
Bookkeeper vs Accountant… What’s the difference?
Bookkeeper
Bookkeepers set up and oversee day-to-day record keeping in a client’s business then monitor the accounts ensuring they are up to date.
Vs
Accountant
Accountants interpret bookkeeping data to assess whether a business is performing well as well as giving tax and financial advice to business owners to maintain good progress for their business.
Many people start off as a bookkeeper and then advance to be an accountant.
Reasons to Invest in becoming a Bookkeeper
Demand
- A bookkeeper plays a vital role in the financial health of a business and all businesses want to succeed!
- Small and medium-sized businesses make up 99.9% of the UK’s total business population (Source: Experian)
- Bookkeeping and Accountancy is one of the most recession-proof
private sector professions in the UK (Source: ONS)
- You can be employed or self-employed.
- A profitable, successful bookkeeping business can be run with little financial outlay and minimal overheads servicing multiple clients. Many take on members of staff as they grow.
- A variety of companies require financially qualified staff, while larger corporations will often have bookkeeping positions within their accounts department.
Flexibilty
Progression
- Specialise in bookkeeping and related services (payroll), Accountancy, and various financial professional roles on a self-employed or employed basis.
- Self-employed bookkeepers also choose to take on staff to increase the number of clients they can support and increase their profitability while enjoying being their own boss.
View Bookkeeping Qualification Map (Level 1-3)
2. Advance your skills
The IAB has a portfolio of qualifications designed to advance your skills throughout your financial career. As well as progressing through our foundation levels 1-3 we have a selection of further pathway qualifications to keep you up to date with the demands of the market and help you to increase your earning potential.
Discover your earning potential
This salary guide can provide you with some useful benchmarks of your earning potential alongside our qualification portfolio.
Source: checkasalary.co.uk (Feb 2023 UK averages)
View Full Qualifications Map (Extended)
3. Believe in yourself
At the IAB our aim is to inspire you to believe you can reach your goals and support your ambition through the quality of our content and educational offering.
Whether you are going for a Degree, Diversifying your skill set, or Expanding your business offering our flexible approach to learning will help keep you up to date with the demands of the market.
- Launching in 2023, our new range of qualifications span
levels 4-7 and are designed to be either standalone or combined – they will provide the pathway to a degree. - Each level will have a set of core modules, the learner is then able to select if they want to have a business or a finance focus.
- As an additional layer there are vertical pathways that apply to either focus covering topics such as marketing, logistics and data.
Diploma Courses (Coming Soon)
Affiliated with
MEMBERS OF
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- leaders council
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Members Of
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- leaders council
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