IAB Level 1 Award in Manual Bookkeeping
Level 1 Award in Manual Bookkeeping
The IAB Level 1 Award in Manual Bookkeeping is aimed at individuals who wish to begin their studies of bookkeeping and gain an entry level qualification at Level 1 of the National Framework from a point of no previous knowledge. It could also be used by those candidates who have some practical knowledge and skills at this level and wish to gain an accredited qualification in the subject. Owners of small businesses may also find this qualification useful as it gives coverage of the keeping of a single entry book manual keeping system, suitable for the production of small business accounts and also acts as some of the underpinning knowledge required for the processing of financial transactions using a computerised accounting system.
To achieve this qualification, only the mandatory units consisting of 5 credits must be achieved. The accreditation number, level and credit value of each unit is as follows:
Recording receipts and payments - L/600/8745 (level 1 – 1 credit)
Preparing and processing book-keeping documents - M/600/8740 (level 1 – 1 credit)
Recording Credit transactions - A/600/8742 (level 1 – 1 credit)
Making and receiving payments - J/600/8744 (level 1 – 1 credit)
Maintaining petty cash records – R/505/1120 (level 1 – 1 credit)
Attendance: This course is available as a day time or weekend option for classroom delivery (3 hours per week, day TBC) or distance learning.
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Further details regarding this qualification can be found on the IAB website