£125.00

Please note that tutor support is not included and cannot be provided by the IAB.  If you require tuition you can search for an IAB accredited training provider by visiting: www.iab.org.uk/find-a-centre/.  If you choose to study with a training provider you will need to contact them directly to enquire about the price and to register for the qualification.  Therefore, you will not need to buy the qualification on the IAB website.  

Description

Self-study is a fantastic way of gaining a regulated qualification while being in complete control of your learning.

What is included?

Included in this pack is the following:

1 Year’s Student membership

Registration onto the qualification

Access to complete online knowledge tests and assignments

Assessment and exam fees (excluding resits)

Certification upon successful completion of all assessments

Please note that Tutor support is not included and cannot be provided by the IAB.

Overview

Register for the Level 2 Certificate in Bookkeeping 601/9061/9 as a self-study student.

The Level 2 Certificate in Bookkeeping qualification provides the underpinning knowledge and skills necessary for the purpose of carrying out a range of day-to-day bookkeeping routines and activities using a sub-divided double entry bookkeeping system up to trial balance stage.

This qualification is made up of the following units:

Principles of bookkeeping and VAT – T/508/5860

• Understand the basics of bookkeeping and bookkeeping systems
• Understand terms used by bookkeepers
• Recognise source documents and understand their purpose
• Understand the use of a sub-divided bookkeeping system
• Understand the basics of the VAT system
• Understand HMRC VAT rules
• Understand the purpose of the VAT control account and the VAT return

Financial services and payment methods – A/508/5861

• Understand the role of banks and building societies
• Understand how businesses use financial services
• Recognise appropriate methods of payment and understand their features
• Understand the need for security measures and procedures for the safe-keeping of cash

Prepare and check business documents – F/508/5862

• Prepare documents to be issued to customers
• Check documents received from suppliers
• Prepare documents to be issued to suppliers
• Prepare a petty cash voucher

Record transactions in a sub-divided bookkeeping system – J/508/5863

• Use day books
• Use an analysed cash book
• Use a petty cash book
• Use a journal

Prepare a trial balance and reconciliations – L/508/5864

• Prepare a trial balance
• Prepare control accounts and reconcile control account balances
• Reconcile the bank current account balance

Further information about this qualification can be found here and the full specification can be downloaded here.