IAB
    Level 2
    QN: 603/3408/3
    Curriculum Active

    IAB Level 2 Award in Payroll for Business

    Official qualification regulated by Ofqual, awarded by IAB. Classified as a Vocationally-Related Qualification. Total guided learning hours: 50 hours.

    Qualification Level
    Level 2
    Awarding Body
    IAB
    Syllabus Units
    2 Units
    Guided Hours
    50 hrs
    Instant access to interactive lessons, quizzes, and spaced revision.

    Course Syllabus & Study Modules

    Complete breakdown of verified curriculum topics and learning objectives.

    1

    Computerised Payroll Processing

    Verified
    Key Learning Objectives:
    • Be able to set up and maintaincompany, pension and employeerecords using commerciallyavailable payroll software
    • Be able to determine gross pay fordifferent payroll periods
    • Be able to process payrollaccurately for a variety of payperiods using organisationalprocedures and timescales
    • Be able to produce statutory andnon-statutory reports
    • Be able to back up and restore data when required
    2

    Principles of Employment Legislation and Payroll Processing

    Verified
    Key Learning Objectives:
    • Understand the principles oflegislation relating to the processing of thepayroll
    • Understand the information required to prepare an employee payroll record
    • Understand additional elements that constitute gross pay
    • Understand the principles of Statutory Additions to, and deductions from pay
    • Understand the principles of PAYE and NIC legislation and other statutory obligations when processing the payroll
    • Understand the principles of repaying Student Loans through the payroll
    • Understand the procedures to adoptwhen dealing with a leaver
    • Understand the requirements for processing and submitting payrollinformation
    • Understand the need to complete periodend payroll procedures withingiven timescales

    Regulatory & Verification Details

    Qualification Number (QN)
    603/3408/3
    Regulated Status
    Available to learners
    Awarding Body
    IAB
    Qualification Type
    Vocationally-Related Qualification
    Operational Start
    Jul 2018