IAB Level 1 Award In Manual Bookkeeping

This is a self study course which means you can study at home, workplace or wherever you choose at times that are convenient for you. You do not have any classes to attend.

The IAB Level 1 Award in Manual Bookkeeping (QCF) is roughly equivalent to Level 4 in Scotland (SCQF). It is accredited by the International Association of Book Keepers (IAB).

The IAB Level 1 Award in Manual Bookkeeping aims to:

• Act as an introduction to the practical elements of financial record keeping, giving the candidate the necessary skills to record financial transactions in a single entry, manual bookkeeping system.
• Give candidates the necessary skills to assess their own competence in carrying out a range of basic day-to-day bookkeeping routines and activities using a single entry manual book-keeping system. The activities will include entry of business transactions, and routine basic bookkeeping tasks.
• Give candidates the necessary skills to assess the implications of maintaining accuracy when performing any practical bookkeeping tasks using a single entry manual bookkeeping system.
• Give candidates the option of undertaking further units at Level 2 to enhance their understanding of the professional ethics of bookkeeping and the necessary legislation, at that Level and to gain underpinning knowledge of maintaining a double entry bookkeeping system.
• Enable candidate to progress in their learning to further develop their knowledge, understanding and skills of dealing with financial transactions by:
• Completing the units necessary to receive the full Level 1 Award in Bookkeeping
• Undertaking further studies of bookkeeping and accounting routines and procedures at Level 2
• Widening their skills at this level by progressing to the IAB Level 1 Award in Computerised Bookkeeping.

This course is delivered through an appointed Distance Learning Tutor. Your appointed tutor will make contact with you as soon as you have the materials for the course. They will make regular contact to offer support and guidance, usually by e-mail but sometimes by phone to ensure you are making good progress and to support your learning throughout. You must be able to study independently through the course materials.

HOW WILL I BE ASSESSED?

The units for this qualification are assessed through the following methods:

Mandatory Assignment

• Recording receipts and payments

Mandatory End examination

• Preparing and processing bookkeeping documents
• Recording credit transactions
• Making and receiving payments
• Maintaining petty cash records

To successfully complete the qualification the candidate must pass both of the above Mandatory elements of assessment. On successful completion of the units listed above, the learner will receive a certificate to confirm the achievement of the Level 1 Award in Manual Bookkeeping.

ENTRY REQUIREMENTS

There are no formal entry requirements for the level 1 Award in Manual Bookkeeping. However it is recommended that prospective candidates will already have basic skills in both numeracy and literacy prior to embarking on a course of study for this qualification.

SPECIAL REQUIREMENTS

If you have any individual study needs please contact our Student Development Centre at 01224 612164