IAB Level 1, 2 & 3 Computerised Accounting for Business

Overview

Who is it for?

If you’re looking to gain competency in the world’s most popular bookkeeping software, the Sage Level 2 Computerised Bookkeeping course will teach everything you need to know, while helping you gain a recognised qualification.

Every business, no matter how large or small, is required by law to ‘keep books’. Bookkeepers play a vital role within organisations; ensuring records of individual financial transactions are accurate, orderly, up to date and comprehensive. If you are organised and methodical, like working through documents and enjoy seeing a set of figures add up properly, then bookkeeping is the career for you.

This course will then help you to springboard your career in accounts and bookkeeping. Once you’ve completed your Level 2 certification you’ll be ready to further develop your computerised bookkeeping skills, the IAB Level 3 Accounting for Business using Sage online training course is the ideal step.

What jobs will I qualify for?

Upon completing your IAB Level 2 Certificate in Computerised Accounting:

• Accounts Assistant
• Accounts Clerk

In these roles, you could earn up to £18,000 per annum (source: reed.co.uk Salary Checker, 2013, UK Only).

Upon completing your IAB Level 3 Certificate in Computerised Accounting :

• Bookkeeper

In these roles, you could earn up to £22,000 per annum (source: reed.co.uk Salary Checker, 2013, UK Only).

Description

When can I start?

You can enrol at any time - start today.

Are there any requirements?

There are no formal entry requirements for the IAB Level 2 & 3 Accounting for Business course. However it is recommended that prospective candidates have basic skills in numeracy, information technology and literacy prior to embarking on a course of study for this qualification.

What skills will I gain?

In the IAB Level 2 Computerised Accounting for Business you will cover manual bookkeeping techniques while learning to use Sage 50 Accounts – the software of choice for most small and medium sized organisations. In fact, Sage 50 is a comprehensive business management system that can provide valuable information on customers, suppliers, products and areas of profitability.

The syllabus covers a variety of computerised bookkeeping techniques, such as exporting and importing data and electronic submissions, financial data security, creating and emailing invoices and statements and more giving you IAB associate status.

The Level  3 section of the course will instruct you how to get the best from Sage bookkeeping and undertake the full range of practical business management tasks facilitated by this powerful system. You will also be taught to manage fixed assets, month end and year end accounts, doubtful debts and many other essential functions and skills.

Module breakdown

The IAB Level 2 Computerised Accounting for Business course covers both the Level 1 and Level 2 certifications. In order to complete these you will submit coursework material on the following:

Level 1

• Introduction to the Qualifications
• Working in Bookkeeping and Accounting
• The Role of the Bookkeeper
• Introduction to VAT
• Business Documents
• Banking Procedures
• Bookkeeping Systems
• Petty Cash

Level 2

• Professional Values and Basic Business Legislation
• Banking Procedures
• Principles of VAT
• An Introduction to Double Entry Bookkeeping
• Business Documents
• Using a Sub-divided Bookkeeping System
• Cost and Cost Classification
• Cost Behaviour Patterns
• Cost Coding
• Valuing Stock
• Labour Costing 

The IAB Level 3 Computerised Accounting for Business covers the following material, building on the foundations laid in the Level 1 and 2 sections of the course:

• Principles of Double Entry Bookkeeping – Basic Principles and Concepts
• Principles of Double Entry Bookkeeping – Accounting Concepts, Policies and Standards
• Value Added Tax
• Principles of Preparing Financial Statements for a Sole Trader –The Trial Balance and Bookkeeping Errors
• Principles of Preparing Financial Statements for a Sole Trader – Prepare Financial Statements for a Sole Trader
• Principles of Double Entry Bookkeeping – Stock Valuation
• Principles of Double Entry Bookkeeping – Accounting for Prepayments and Accruals
• Principles of Double Entry Bookkeeping – Accounting for Depreciation
• Principles of Double Entry Bookkeeping – Accounting for Bad and Doubtful Debts
• Fundamentals of Bookkeeping and Accounting for Partnerships
• Fundamentals of Incomplete Records
• Principles of Accounting for Not for Profit Organisations
• Cash Management

What support is available?

• You will have unlimited access to Home Learning College's expert Tutors for two years after enrolling on this course
• You will  be able to sit mock exams to assess your progress
• You will receive assistance with both the booking and funding of your exams
• You will be using Sage Line50, the UK’s most widely used professional bookkeeping software. 

How will I be assessed?

To complete this certification you will be required to pass four computer-based exams and complete ten assignments.

What should I do next? For a free consultation call a specialist Bookkeeping Learning Consultant on 0207 980 2841 or enquire online today to request a call back.