IAB
Level 3
QN: 601/9055/3
Curriculum Active
IAB Level 3 Certificate in Computerised Bookkeeping and Accounting
Official qualification regulated by Ofqual, awarded by IAB. Classified as a Vocationally-Related Qualification. Total guided learning hours: 70 hours.
Qualification Level
Level 3
Awarding Body
IAB
Syllabus Units
2 Units
Guided Hours
70 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Principles of advanced computerised accounting
Verified
Key Learning Objectives:
- Understand the purpose of accounting concepts and standards, and recognise the qualitative characteristics of financial information
- Understand the basics of computerised accounting
- Understand terms used in accounting
- Understand the purpose of VAT Accounts and the VAT return
- Understand the process of accounting for a stock valuation
- Understand the process of accounting for fixed assets
- Understand the process of accounting for prepayments and accruals
- Understand the process of accounting for bad and doubtful debts
- Understand the purpose of a trial balance and a suspense account
- Understand the purpose of financial statements
- Understand the principles of accounting for partnerships
- Understand the purposes of budgeting
2
Use a computerised accounting package
Verified
Key Learning Objectives:
- Set up a computerised accounting system
- Enter business transaction
- Prepare and post journal entries
- Account for a stock valuation
- Account for fixed assets
- Account for prepayments and accruals
- Account for bad and doubtful debts
- Make end of period adjustments
- Amend the chart of accounts and generate reports
Regulatory & Verification Details
- Qualification Number (QN)
- 601/9055/3
- Regulated Status
- Available to learners
- Awarding Body
- IAB
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Jul 2016