Book-Keeping & Accounts - AAT Level 1

Introduction to bookkeeping:

• Understanding the job role and career path for a bookkeeper
• Understanding different types of business organisations
• Knowing the terminology used in bookkeeping

Working within bookkeeping:

• Understanding single-entry bookkeeping
• Knowing the general principles of VAT
• Understanding what is meant by both cash and credit transactions
• Understanding the principles of coding and batch control
• Understanding how to process information in the books of prime entry (excluding the journal)
• Understanding responsibilities when working in a bookkeeping environment

Bookkeeping and accounts:

• Knowing how to complete financial documents
• Recording cash and credit transactions in books of original entry
• Preparing bank reconciliation
• Understanding the petty cash imprest system
• Extracting a trial balance from ledger accounts

Spreadsheet software:

• Using a spreadsheet to enter, edit and organise numerical and other data
• Using appropriate formulas and tools to summarise and display spreadsheet information
• Selecting and using appropriate tools and techniques to present spreadsheet information effectively

This qualification will suit you if:

• You'd like a solid introduction to bookkeeping - or just a refresher
• You need bookkeeping skills for your business
• You're interested in running bookkeeping services for local businesses
• You are not currently in employment or training and you need workplace skills
• You would like to acquire new skills to help with a change in your career

There are two assessments, both computer-based.

After successfully completing Level 1 AAT Award in Bookkeeping you can study:

• Level 2 AAT Award in Bookkeeping
• Level 1 AAT Computerised Accounts