IAB Level 3 Diploma in Accounting and Advanced Book-keeping Aims Upon the completion of study for this qualification, it is intended that the candidate will be able to: Use a Suspense Account and eliminate book-keeping errors; Understand the form and function of the Trading Account, Profit and Loss Account and Balance Sheet; Understand and apply accounting concepts and accounting policies; Categorise items of income and expenditure; Maintain records and make accounting adjustments relating to stock; Maintain records and make accounting adjustments for prepayments and accruals; Maintain records and account for the depreciation and disposal of tangible fixed assets; Maintain records and account for bad and doubtful debts; Prepare financial statements for a sole trader; Prepare an extended Trial Balance for a sole trader; Prepare financial statements for a sole trader from incomplete records; Prepare financial statements for a ‘Not for Profit’ organisation; Maintain records and prepare financial statements for a partnership; Account for changes in the composition of a partnership. Course number: IAB200     Full course fee: £219.00 or pay a deposit of £79.00, followed by 3 monthly payments of £50.00       Due to increased postal charges, students who are registering from outwith the European Union will be subject to a 10% charge, on top of their course fees.      << Back to course list