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IAB Level 1 Foundation Bookkeeping

reed.co.uk - Bookkeeping & Accountancy

Summary

Price
Finance options

Finance options available
Study method
Online
Duration
130 hours · Self-paced
Qualification
Level 1 Award in Bookkeeping and Level 1 Award in Computerised Bookkeeping
Awarded by The International Association of Book-keepers (IAB)
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

Overview

Who is it for?

Bookkeepers play a vital role in business, making a big difference to the productivity and cost efficiency of the company.

If you are looking to master the basics of this dynamic and vital profession, the IAB Foundation course will give you a comprehensive introduction to the field, teaching you how to record financial transactions for all organisations and business types.

What jobs will I qualify for?

The IAB Foundation Bookkeeping course forms the first stage on the IAB pathway to becoming a fully qualified Bookkeeper and gaining a licence to practise on behalf of Sole Traders and Limited Companies. Upon completion of the course, you will be competent in basic bookkeeping processes and will able to go on to further study at IAB Level 2 Intermediate Bookkeeping.

Description

When can I start?

You can enrol at any time – start today.

Are there any requirements?

There are no formal entry requirements to enrol on the course, but we recommend that you have basic qualifications in English and Mathematics. If English is not your first language an IELTS 5.5 or equivalent is required.

What skills will I gain?

The course will teach you to perform a range of key bookkeeping tasks, such as how to maintain customer and supplier accounts, create invoices, run financial reports, and confidently navigate Sage One Accounts - the world’s most popular computerised accounting software for business.

Module breakdown

Level 1 Award in Manual Bookkeeping

•             Introduction to bookkeeping

•             Working within bookkeeping

•             Banking procedures

•             Recording receipts and payments

•             Preparing and processing bookkeeping documents

•             Recording Credit transactions

•             Making and receiving payments

•             Maintaining petty cash records

Level 1 Award in Computerised Bookkeeping

•             Recording routine bookkeeping transactions using a computerised system

•             Preparing and recording sales and purchase documents using a computerised system

What support is available?

•             High quality course materials and eBooks

•             Tutorial support via phone, email and online

•             Student Membership with the International Association of Book-keepers (IAB)

•             Exam fees and exam booking service

•             Regular live interactive online classes

•             24-hour access to our Virtual Learning Campus (VLC)

•             Personalised individual study plan

•             Assignment marking and thorough tutorial feedback from professional tutors

•             Specialist Career Management service

•             Sage One Accounts Extra software

How will I be assessed?

You will be assessed through one assignment, three computer based tests (sat at home) and two exams (sat at a test centre).

Testimonial

Don't take our word for it, hear what students have to say about our service:

‘I wanted to thank you for your support in choosing the right course. From the very first conversation we had it showed how knowledgeable you are in your field, and you were very informative and patient which was much appreciated.

If I have any further learning requirements I know who to contact!’

Fahad Deria

What should I do next? For a free consultation call a specialist Bookkeeping Course Adviser on 020 7980 2842 or enquire online today to request a call back.

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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