Level 1 Certificate in Book-keeping Aims Upon completion of study for this qualification it is intended that the candidate will be able to: Understand the Functions of Book-Keeping and Accounting; Make simple Value Added Tax (VAT) calculations; Prepare and check business documents; Process and Record Credit Transactions; Make and Receive Payments through a Bank Current Account; Process Receipts and Payments through the Analysed Cash Book; Prepare a Bank Reconciliation Statement; Process Petty Cash Transactions. Level 2 Certificate in Book-keeping Aims Upon completion of study for this qualification it is intended that the candidate will be able to: Understand and apply basic accounting concepts; Make Value Added Tax (VAT) calculations; Recognise and use Source Documents; Demonstrate a knowledge and understanding of payment methods; Use a sub-divided Book-Keeping System; Account for Payroll; Prepare checking devices, identify and eliminate Book-Keeping Errors; Prepare a Trial Balance. 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. Level 4 Diploma in Accounting to International Standards Aims Upon the completion of study for this qualification, it is intended that the candidate will be able to: Prepare financial statements for a limited company in a format suitable for internal use; understand the significance and scope of the Regulatory Framework; Understand the purpose of the Conceptual Framework; Identify users of financial statements; Prepare financial statements in a published format in accordance with International Accounting Standards requirements; Prepare a Cash Flow Statement in accordance with International Accounting Standards requirements; Prepare Consolidate financial statements; Use accounting ratios and interpret performance Course number: IAB500     Full course fee: £639.00 or pay a deposit of £89.00, followed by 11 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