IAB Level 3 Diploma In Payroll

IAB Level 3 Diploma in Payroll qualification is an intermediate payroll course designed to convey a more advance aspects of payroll theory. Candidadtes will acquire a intermediate level knowledge of payroll theory needed for the work environment..

What will I study?

To achieve this qualification, all the mandatory units consisting of 40 credits must be achieved. The accreditation number, level and credit value of each unit is as follows:

Mandatory units

• Employment legislation for payroll
• Statutory and non-statutory reporting of payroll data
• PAYE, Income tax and National Insurance Contributions
• Theory of termination of employment
• Work effectively in accounting and finance
• Determining Gross Pay
• Payroll processing
• Period end processing
• Termination of employment
• Payroll verification and reconciliation
• Computerised Payroll administration

Who is IAB Level 3 Diploma in Payroll qualification for?

The IAB Payroll qualifications are specifically designed to appeal to those who are aspiring to become, or who are already, professional payroll processors and administrators.

This Level 3 qualification is primarily designed for the following candidates:

1. Those who already have some payroll experience and who wish to acquire further skills and knowledge required of Payroll Clerks and Payroll Administrators.
2. Those candidates who already hold the IAB Level 1 Award/Certificate and Level 2 Certificate in Payroll or the IAB Level 2 Certificate in Computerised Payroll.
3. Those who are already employed in payroll or allied roles and who wish to enhance their firm foundation and the knowledge and skills to perform some advanced routine and non-routine tasks.
4. Those preparing for or undertaking the level 3 Higher Apprenticeship in Payroll (See separate Apprenticeship Qualification Specification)
5. Those who may wish to continue to a higher level of study in payroll and related subjects and qualifications