Gateway Qualifications
Level 3
QN: 601/8992/7
Curriculum Active
Gateway Qualifications Level 3 Certificate In Administering Finance in Education
Official qualification regulated by Ofqual, awarded by Gateway Qualifications. Classified as a Vocationally-Related Qualification. Total guided learning hours: 54 hours.
Qualification Level
Level 3
Awarding Body
Gateway Qualifications
Syllabus Units
7 Units
Guided Hours
54 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Book-keeping in Educational Establishments
Verified
Key Learning Objectives:
- Understand how financial transactions are processed and recorded in educational establishment.
- Be able to prepare and process financial documentation for an educational establishment’s suppliers and customers.
- Be able to record financial transactions for an educational establishment.
- Be able to reconcile a bank statement with the cash book.
- Be able to process ledger transactions and extract a trial balance.
2
Budgeting in Educational Establishments
Verified
Key Learning Objectives:
- Understand income and expenditure and how they are classified and recorded in educational establishments.
- Understand how budgets are constructed in educational establishments.
- Be able to perform budget calculations.
- Be able to analyse income and expenditure records.
3
Costing in Educational Establishments
Verified
Key Learning Objectives:
- Understand costing systems used in educational establishments.
- Be able to construct a Trading Account.
- Be able to prepare information on income and expenditure.
4
Internal Controls Systems and Financial Fraud in Educational Establishments
Verified
Key Learning Objectives:
- Understand financial fraud in educational establishments.
- Understand the role of internal control systems in reducing risk of financial fraud in educational establishments.
- Be able to assess an educational establishment’s accounting function to determine its effectiveness in guarding against financial fraud.
5
Preparing Financial Accounts in Educational Establishments
Verified
Key Learning Objectives:
- Be able to account for fixed assets and update a fixed assets register in an educational establishment.
- Understand the concept of adjustments in financial accounts in educational settings.
- Be able to record information relating to adjustments in financial accounts for an educational establishment.
- Be able to prepare an extended trial balance for an educational establishment.
6
Procurement in Educational Establishments
Verified
Key Learning Objectives:
- Understand ‘value for money’ in an educational establishment.
- Be able to design a specification used for quotations.
- Be able to compile cost data for a benchmarking exercise.
7
VAT in Educational Establishments
Verified
Key Learning Objectives:
- Understand VAT Regulations in educational establishments.
- Be able to complete a VAT Return for an educational establishment.
- Understand the VAT Control Account.
- Understand VAT penalties.
Regulatory & Verification Details
- Qualification Number (QN)
- 601/8992/7
- Regulated Status
- Available to learners
- Awarding Body
- Gateway Qualifications
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Jul 2016