"> Level 3 Certificate in Payroll for Business 603/3407/1 - IAB | International Association of Bookkeepers

Level 3 Certificate in Payroll for Business 603/3407/1

Overview

Learners will gain knowledge and skills to process the payroll under Real Time Information (RTI) regulations and keep accurate payroll records.

The qualification is made up of:

1 – Online Knowledge Test
1 – Examination

Key information:

55 GLH (Guided Learning Hours)
125 hours TQT (Total Qualification Time)

Who is this qualification for?

The Level 3 Certificate in Payroll for Business qualification is specifically aimed at learners who wish to further their studies of payroll and gain a qualification at Level 3 of the regulated qualification framework.  We advise that students have already achieved the IAB Level 2 Award in Payroll for Business or have relevant industrial experience.

The qualification will appeal to those learners who already have some practical knowledge and skills and wish to gain an accredited qualification in the subject of payroll.

Learners who are considering a career as a self-employed practitioner will find the course invaluable, as will businesses owners who would like to be actively involved in the gathering and processing of payroll data and keeping of payroll records for their business.

What you’ll study

This qualification is made up of the following units:

Principles of Payroll Administration – Y/617/1432

  • Understand employment legislation as it applies to payroll
  • Understand how to apply statutory and voluntary deductions to non-standard situations
  • Know what constitutes Gross Pay for a leaver
  • Understand the statutory and non-statutory reporting requirements in line with current regulations and organisational requirements

Computerised Payroll Administration – D/617/1433

  • Be able to set up and maintain a computerised payroll system
  • Be able to set up and maintain employee records within a computerised payroll system
  • Be able to determine an employee’s gross pay from a range of payroll information
  • Be able to enter details of gross pay elements into the computerised payroll system
  • Be able to enter details of voluntary and statutory deductions
  • Be able to process the payroll within given timescales
  • Be able to reconcile the payroll and produce internal and external reports according to given timescales

Learning Resources Available?

The Level 2 and 3 Payroll RQF book is written for this qualification, and can be bought here

Computerised payroll software is required for this qualification to complete the unit Computerised Payroll Processing, however this is not supplied by the IAB and must be purchased separately.

How much will it cost?

Students studying or wanting to study through a training provider, (classroom based or distance learning) should contact potential training providers to get an idea of the total cost for the qualification. As the majority of the training providers will include the IAB registration fees into their own fee.

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 – Paper Examination

Paper Examinations these are assessed under examination conditions. There will be a scenario which will be worked through on a computerised payroll package. A series of printouts will be generated throughout the examination and at the end. These printouts will then be submitted back to the IAB via the exam centre.

Examinations can be taken in any month and on any day (subject to the examination centre). This means that you can move up through the levels quickly as well.

Examinations require a minimum of 5 weeks notice in the UK and 8 weeks for those outside of the UK, before the examination date. This allows us enough time to process the registrations and get the examination papers dispatched.

Self Study Registration

Click here to register for Level 3 Certificate in Payroll for Business as a self study student.

Next steps after passing

Upon successful completion of this qualification you could move onto one of the following:

Apply for professional membership at the grade of Associate, for more information about this please click here or email our membership team at membership@iab.org.uk

You may also be interested in our Bookkeeping qualifications, for more information about these click here.

Find a Centre