Essential Bookkeeping Certificate

Course Code: AS301
Award Level 2, Similar to - NVQ Level 2, GCSE (Grades A*-C)

This is the Certificate in Essential Bookkeeping. This programme is designed for people who wish to gain an understanding of principles of Book-keeping and undertake essential book-keeping and financial record keeping routines for a small business. By undertaking this Certificate you will be able to define essential book-keeping terms and principles, Undertake VAT calculations and complete returns, Set up and operate cash books, Reconcile ledger accounts, Correct account errors. you will. You will also be able to understand trading and profit & loss accounts for a sole trader, Explain balance sheets for a sole trader, Close off ledger accounts at year-end and describe the accounting requirements of non-profit making organisations.

Course Content

The course is divided up into six modules, as follows:

1. Studyguide

2. ICB Level 2 Bookkeeping syllabus and examination requirement

3. Tutor Marked Assignment

4. Introduction to Bookkeeping

Introduction
Double entry bookkeeping
Accounts
Debit and credit entries & VAT
A simple business venture – the cash book

5. The Accounts Books

Bank and cash records
The ledger
The day books
VAT records
Business documents
Memorandum items
Wages and salaries
Stock records
The journal

6. Using the accounts

Trading accounts
Profit & loss account
The trial balance
The balance sheet
Accounts of clubs and societies
Credit control

Course Duration

Students may register at any time and have a full year to complete their studies.

Assessment

The course will take the form of a series of written assignments which are submitted and marked by your tutor. There is no external examination.

Study Method

The course is designed for study by distance learning at home or at work. Students receive a course manual, assignments and study guide plus tutor support by mail or email. You can start at any time and plan your studies over a period of up to one year from the time of registration.

Qualifications

The course leads to the award:

The course can be studied for personal interest and development without assessment. However the course covers the requirements of the Institute of Certified Bookkeepers Level 2 Diploma in Manual Bookkeeping. Students must register independently with the ICB and submit for the examinations which are held three times a year at centres worldwide. Membership and examination fees are payable to the ICB and are not included in the course price. Taking and completing this course will add value to your CV by demonstrating your understanding of Bookkeeping. It will enable you to maximise your personal development, and help you find your dream job, by showing a potential employer your commitment and knowledge of the subject. It will allow you to put yourself in charge of your career, to develop and grow at a pace that suits you, and help you stand out from other applicants when job hunting.