Level 4 Award in Bookkeeping and Payroll

Level 4 Award in Bookkeeping and Payroll – CPD Accredited

Specialists design level 4 Award in Bookkeeping and Payroll course by considering the need of both the job seekers and people already working with established businesses, which covers most of your professional needs in the Level 4 Award in Bookkeeping and Payroll.

Level 4 Award in Bookkeeping and Payroll diploma course will help you learn from scratch and lead you to a higher level of professionalism.

You may know that organisational skills are important because possessing good organisational skills establishes trust and professionalism in the workplace. So, if you are looking to join various Level 4 Awards in Bookkeeping and Payroll skills, then these are your most desired courses.

Are you new to online learning?

Don’t worry. Along with providing the most professional courses, UKPDA also provides the most regular tutor support via online mediums and will guide you in every possible way to get the most out of your online course. Further to this, assessments are challenging but interesting, will not take much of your time. You will have to read through the provided study material and attempt the Multiple Choice Questions (MCQs) afterwards.

This Level 4 award in bookkeeping and payroll course comprises modules and sub-modules based on a higher level. You will learn bookkeeping skills, achievement and record management, budget and financial reports, payroll and sage payroll management systems. In addition, This level 4 award in bookkeeping and payroll course covers creative problem-solving crisis management, critical thinking, managing personal finances, measuring results and risk assessment and management.

Course Benefits

The following is included for online study with the UK Professional Development Academy.

1. Courses / Training that best suits Work Experience, Knowledge, and Skills
2. Self-paced Training/Courses to continue working while studying
3. Self-Paced Courses to get free from the deadlines
4. Course materials that include Training Manual, Mock Quizzes, and Case Studies that challenge you to apply your knowledge that can be in PDF, Microsoft Word, Excel, PowerPoint format.
5. Assessment resources accessible through our online learning platform 24/7.
6. A professional one-to-one tutor to provide all-inclusive assistance throughout the course online.

Level 4 Award in Bookkeeping and Payroll - Course Outline

Level 4 Award in Bookkeeping and Payroll Diploma is a 100-credit Certificate. To achieve a Level 4 Award in "Bookkeeping" and "Payroll" Diploma, the learner must achieve 10 Modules with 100 Credits to get a CPD Accredited Certificate of Completion.

Modules Outline

Module 1: Basic Bookkeeping Skills

• Understand basic accounting terminology.
• Identify the differences between the cash and accrual accounting methods.
• Keep track of your business by becoming familiar with accounts payable and accounts receivable.
• Use a journal and general ledger to document business financials.
• Utilize the balance sheet.
• Identify different types of financial statements.
• Uncover the reasons for this and actually create a budget.
• Be familiar with internal and external auditing.

Module 2: Achieve and Record Management

• Define records and archives
• Analyze records in context
• Classify records
• Understand different systems
• Maintain and convert records

Module 3: Budgets and Financial Reports

• Identify financial terminology
• Understand financial statements
• Identify how to analyse financial statements
• Understand budgets
• How to make budgeting easy?
• Understand advanced forecasting techniques
• Understand how to manage the budget
• Identify How to make smart purchasing decisions
• Identify the legal aspects of finances

Module 4: Payroll Management & Sage Payroll Management System

• Payroll Management
• Negative and Positive Payroll
• Types in Payroll System
• Outsource Payroll process
• In-house computerized payroll process
• In-house manual payroll system
• H M R C
• Overview of the General Payroll Process
• Set up new employees
• Collect time card information
• Verify time card information
• Summarise wages due
• Enter employee changes
• Calculate applicable taxes
• PAYROLL MANAGEMENT SYSTEM
• Overview of Sage
• Key features of Sage Payroll
• Benefits of Sage
• Sage Module details

Module 5: Creative Problem Solving

• Understand problems and the creative problem-solving process
• Identify types of information to gather and key questions to ask in problem-solving
• Identify the importance of defining a problem correctly
• Identify and use four different problem-definition tools
• Write concrete problem statements
• Use basic brainstorming tools to generate ideas for solutions
• Use idea-generating tools, such as affinity diagrams, word chaining, the box method, the six thinking hats, and the blink method
• Evaluate potential solutions against criteria, including cost/benefit analysis and group voting

Module 6: Crisis Management

• Understand the myths behind workplace violence
• Define escalation and identify examples
• Learn concerning behaviours
• Know what a trigger is and how that can escalate
• Understand the proper response to an event

Module 7: Critical Thinking

• Understand the components of critical thinking
• Utilize non-linear thinking
• Use logical thinking
• Recognize what it means to be a critical thinker
• Evaluate information using critical thinking skills.
• Identify the benefits of critical thinking
• Revise perspective when necessary
• Comprehend problem-solving abilities

Module 8: Managing Personal Finances

• Understand your personal expenses
• Know the benefits of making a budget
• Set financial goals
• Develop good spending habits
• Learn how to pay off debt
• Learn how to make a budget effectively

Module 9: Measuring Results

• Understand Kolb’s learning styles and learning cycle
• Understand Kirkpatrick’s levels of evaluation
• Be familiar with many types of evaluation tools, including goal setting, tests, reactionary sheets, interviews, observations, hip-pocket assessments, skill assessments, and learning journals.
• Understand when to use each type of evaluation tool
• Be able to perform a needs assessment
• Know how to write learning objectives and link them to evaluate
• Be able to write an evaluation plan to evaluate learning at each stage of the training and far beyond
• Know how to identify the costs, benefits, and return on investment of training
• Be familiar with the parts of a business case

Module 10: Risk Assessment and Management

• Identify hazards and risks
• Update control measures
• Grasp the fundamentals of accident reports
• Identify risk management techniques
• Outline a disaster recovery plan
• Communicate to the organisation

Certificate

Upon successfully passing the course, the Learner must pay for the CPD Accredited Certificate of Completion in PDF format or hard copy.

CPD Accredited Certificate of Completion (PDF format) = £42

CPD Accredited Certificate of Completion (Hardcopy) = £65 + postage charges local £9 = £74

CPD Accredited Certificate of Completion (Hardcopy) = £65 + postage charges International £14 = £79.

Level 4 Award in Bookkeeping and Payroll

Without any prior knowledge of the Level 4 Award in Bookkeeping and Payroll, the learners can take this training course, and in addition to this, there are no age restrictions. Thus, anyone passionate and ambitious about the Level 4 Award in Bookkeeping and Payroll can take the course. There are no specific deadlines for admission, and you can enrol anytime on this course.

Level 4 Award in Bookkeeping and Payroll

There are no precise requirements for the Level 4 Award in Bookkeeping and Payroll Certificate as no prior knowledge and experience of the Level 4 Award in Bookkeeping and Payroll is required.

Students seeking to enrol in this level 4 Award in bookkeeping and payroll course should meet the following requirements;

• Be aged 16 years or above
• Solid knowledge of English Language
• Working Knowledge of Information Communication Technologies for studying online that is the Internet and Microsoft Office
• A genuine desire to study and succeed.

Level 4 Award in Bookkeeping and Payroll

After completing the course/training, you will be able to grip yourself with specific knowledge and skills with the highest level of confidence to improve yourself and enhance the skills for your career in the relevant employment sector.

Currently there are no Q&As for this course. Be the first to ask a question.

Certificate of completion

Digital certificate - £42

Certificate of completion

Hard copy certificate - £65