IAB
    Level 3
    QN: 601/9058/9
    Curriculum Active

    IAB Level 3 Certificate in Bookkeeping and Accounting

    Official qualification regulated by Ofqual, awarded by IAB. Classified as a Vocationally-Related Qualification. Total guided learning hours: 80 hours.

    Qualification Level
    Level 3
    Awarding Body
    IAB
    Syllabus Units
    4 Units
    Guided Hours
    80 hrs
    Instant access to interactive lessons, quizzes, and spaced revision.

    Course Syllabus & Study Modules

    Complete breakdown of verified curriculum topics and learning objectives.

    1

    Make accounting adjustments

    Verified
    Key Learning Objectives:
    • Account for a stock valuation
    • Account for fixed assets
    • Account for prepayments and accruals
    • Account for bad and doubtful debts
    2

    Prepare financial statements from double entry records for sole traders and partnerships

    Verified
    Key Learning Objectives:
    • Prepare a trial balance and correct errors
    • Prepare financial statements for a sole trader
    • Prepare an extended trial balance
    • Prepare financial statements for a Partnership
    3

    Prepare financial statements from incomplete records for sole traders and not for profit organisations

    Verified
    Key Learning Objectives:
    • Calculate capital or accumulated funds from in
    • complete data
    • Construct accounts and a trial balance from in
    • complete records
    • Prepare financial statements from in

    Regulatory & Verification Details

    Qualification Number (QN)
    601/9058/9
    Regulated Status
    Available to learners
    Awarding Body
    IAB
    Qualification Type
    Vocationally-Related Qualification
    Operational Start
    Jul 2016