Professional Training

IAB Level 1 Award in Bookkeeping and IAB Level 2 Certificate in Bookkeeping

829 GBP
829 GBP
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Course description

This IAB Bookkeeping Levels 1 and 2 course bundle provides an excellent knowledge base in bookkeeping and accounting, whilst being ideal for students who want to achieve a career in the field. If you’ve already made a start to life in bookkeeping, this bundle will boost your skills and help you progress in your career. You’ll go from learning to prepare reconciliations to carrying out a range of day-to-day bookkeeping routines and activities. It is ideal for:

  • Students who want to develop their accounting and bookkeeping knowledge
  • Those aspiring to work or progress their career in accounting, finance, or bookkeeping.
Future career options:
  • Chartered accounting
  • Finance manager
  • Management accounting
  • External auditor
  • Forensic accountant
  • Stockbroker
  • Internal audit
  • Business analyst

Course Content

IAB Level 1 Award in Bookkeeping

Unit 1 Introduction to bookkeeping (T/508/5857)

  • Basics of double-entry bookkeeping
  • Bookkeeping terms
  • Source documents and their purpose
  • Basics of VAT
  • Purpose of trial balance and petty cash and bank reconciliations

Unit 2 Keep double entry records and prepare trial balance (T/508/5858)

  • Using the journal
  • Recording transactions in a double-entry bookkeeping system
  • Preparing a trial balance

Unit 3 Prepare reconciliations (T/508/5859)

  • Reconcile the petty cash balance
  • Prepare a bank reconciliation statement
IAB Level 2 Certificate in Bookkeeping

Unit 1 Principles of bookkeeping and VAT

  • Basics of bookkeeping and bookkeeping systems
  • Terms used by bookkeepers
  • Source documents and their purpose
  • Sub-divided bookkeeping system
  • Basics of the VAT system
  • HMRC VAT rules
  • VAT control account and VAT return

Unit 2 Financial services and payment methods

  • Role of banks and building societies
  • How businesses use financial services
  • Methods of payment and their features
  • Security measures and procedures for the safekeeping of cash

Unit 3 Prepare and check business documents

  • Prepare documents to be issued to customers
  • Checking documents received from suppliers
  • Preparing documents to be issued to suppliers
  • Preparing a petty cash voucher

Unit 4 Record transactions in a sub-divided bookkeeping system

  • Day books
  • Analysed cash book
  • Petty cash book
  • Journal

Unit 5 Prepare a trial balance and reconciliations

  • Trial balance
  • Control accounts and reconcile control account balances
  • Reconcile the bank current account balance

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Pay Now: GBP 829.00
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92.90 totalling 929

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