The overall aim of this qualification is to accredit candidates’ knowledge and understanding of the fundamental principles concerned in the use of a manual accounting system.
Within the qualification, candidates have the opportunity to gain knowledge of basic manual book-keeping routines concerning the documentation and processes related to making and receiving payments. They will gain an initial insight into both cash and credit business transactions, VAT and other manual routines.
The qualification requires candidates to understand those transactions, which are necessary for the day-to-day function of an accounting system and for processing of simple documents. Accuracy, integrity and security of data should always be uppermost in the candidates mind.
Candidates may use this qualification as the basis of further study of manual systems and use it as underpinning knowledge for the study of the IAB Level 2 Certificate in Book-keeping and also progress to the IAB Level 1 Certificate in Computerised Book-keeping.
To be awarded the full qualification, candidates are required to successfully demonstrate their competence by means of an external examination. It will also provide progression to the NVQs in Accounting at Levels 2, 3 and 4. Candidates will receive acknowledgement of successful completion of the qualification.
Level 2 Certificate in Manual Bookkeeping
The overall aim of this qualification is to accredit candidates’ knowledge and understanding of the fundamental principles concerned in the use of a manual accounting system.
Within the qualification, candidates have the opportunity to gain knowledge of manual book-keeping routines concerning the documentation and processes related to making and receiving payments, entry of transactions into the double-entry book-keeping system and preparation of a Trial Balance. They will gain a further insight into both cash and credit business transactions, VAT calculations and other manual routines.
The qualification requires candidates to understand those transactions, which are necessary for the day-to-day function of a double-entry accounting system and for processing of documents and transactions using that system. Accuracy, integrity and security of data should always be uppermost in the candidates mind.
Candidates may use this qualification as the basis of further study of manual systems and use it as underpinning knowledge for the study of the IAB Level 2 Certificate in Computerised Book-keeping and also progress to the IAB Level 3 Diploma in Accounting and Advanced Book-keeping.
To be awarded the full qualification, candidates are required to successfully demonstrate their competence by means of an external examination. It will also provide progression to the NVQs in Accounting at Levels 2, 3 and 4. Candidates will receive acknowledgement of successful completion of the qualification.
Bitesize course in Cosing and Pricing
Learning Outcomes:
By the end of this Unit the candidate should be able to:
Calculate total production, administration, selling and distribution costs. i.e. Identify the costs involved in producing a product including an apportionment of overheads.
Distinguish between fixed and variable costs.
i.e. Understand the distinctions between the concepts of fixed and variable costs and be able to identify examples of each.
Carry out simple break-even analysis. i.e. Calculate sales volume necessary to match total costs.
Use break-even analysis
to make investment, pricing and purchasing decisions.
Know how to calculate a selling price by using the mark-up or the margin.
Be aware of the difference between chargeable hours and total hours worked.
Pre-requisites
Level 1 Certificate in Manual Bookkeeping
It is recommended that before commencing a course leading to the IAB Level 1 Certificate in Book-keeping the prospective student will already have basic skills in numeracy and literacy.
Level 2 Certificate in Manual Bookkeeping
It is recommended that before commencing a course leading to the IAB Level 2 Certificate in Book-keeping the prospective student will already have basic skills in numeracy and literacy and some understanding of basic book-keeping practices and terminology as covered in the IAB Level 1 Certificate in Book-keeping or having some practical knowledge and skills at this level.
Bitesize course in Cosing and Pricing
The good news is that no prior learning knowledge or experience is essential to take this course. This course is openly available to anyone wishing to learn more about being a sales executive and would like to take part in a highly rewarding home study course.
You have the freedom to start the course at any time and continue your studies at your own pace.
Support
As an AAS Training student you will have your very own personal tutor helping you with
your course work and with any questions you may have. You can contact your
tutor by email for all the practical advice you may need –
so we really are with you 100%.
What's more you'll have access to the AAS Training online Student Community where you
can interact with other students, browse our resource library and manage your
account.
Assessment
Candidates may sit the Examination of these courses on either the specific dates set and published by the IAB or on dates set by Centres on an ‘On-demand’ basis. Centres are advised to consult the IAB Centre Handbook on the IAB website (www.iab.org.uk) or contact the IAB for details of how to arrange an 'On-demand' examination. All necessary security of data and information will be undertaken.
EXAMS
Please note, that exam fees are separate to course fees and are payable directly to the IAB upon signing up for the actual exam. Exams are held in January and June, please click here for more information on exam fees, timetables and registration deadlines.
When the time for exams come you would need to contact the IAB directly on 01732 458080, explain that you are a distance learning student with AAS Training and they will appoint you to the nearest exam centre to your location.
“This was the best course I have been on” Mark Brown, Cardiff
“We did not realise how important Book-Keeping was until we took this Course.
It will make all the Difference.” Miss I. Jennings, Saltford, Nr. Bath
Your Future Prospects
The survival of all commercial ventures, charitable and public sector
agencies depends on tight financial controls. Therefore, there will always be
demand for individuals with the skills base to ensure these controls are in
place.