Level 3 Diploma In Computerised Accounting

Introduction

The overall aim of this qualification is to accredit candidates' knowledge and understanding of the fundamental principles concerned in the use of a computerised accounting system using commercially available software. The qualification is non-software specific.

Within the qualification, candidates have the opportunity to gain knowledge of computerised accounting and advanced book¬keeping routines concerning the procedures and routines related to completion and entry of advanced business transactions and the preparation of period end reports. They will gain a further insight into VAT and other computerised reconciliation routines.

The qualification requires candidates to understand those transactions, which are necessary for the setting up and entering of an existing company into a computerised accounting system including the processing of opening balances for debtors and creditors, an opening Trial Balance and the correction of errors. 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 computerised accounting systems and use it as underpinning knowledge for the study of the IAB Level 4 Diploma in Accounting, and qualifications offered by other book¬keeping and accounting bodies.

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 Level 3. Candidates will receive acknowledgement of successful completion of the qualification.

Examination Specification:

The Examination of this qualification will take the form of a formal, externally marked, examination of 2 hours 30 minutes duration. The examination may take place during set examination periods throughout the year or by an ‘on¬demand' sitting with eight weeks notice being given to the IAB.

An Answer Book will be provided with lined paper, for candidates to prepare hand written answers to the theory task and to act as a cover for the printouts from the software. Some of the transactions within the examination paper will be presented in a narrative and list format giving batches of information as well as a ‘diary' of transactions undertaken.

Candidates will be required to complete all Tasks.

Unit specification

Iab level 3 diploma in computerised accounting
Single unit title: (IAB Code CB3) Accounting and advanced book¬keeping using Accounting software

Aim
Upon the completion of study for this qualification, it is intended that the candidate will be able to:

• Understand the business and computer environment
• Set up the system and enter opening balances
• Enter advanced transactions
• Deal with entries specific to Partnerships
• Make accounting adjustments
• Complete period end procedures
• Produce period end management Reports
• Carry out year end routines

Homestudy Courses Offered

This informal way of delivering skills training often appeals to candidates who have heavy personal commitments, people who feel that they cannot attend college on a regular basis, or at the hours that are dictated. . It is good option for anyone who needs flexibility in his or her learning particularly parents with difficulty in arranging childcare. It is good option for someone who is in a job and cannot spare the time to go to college during the day.

We will provide Candidates with:

• Telephone help line to a tutor to seek help when needed
• Regular telephone contact from tutor to student to check progress.
• Where necessary, tutorial workshop at the time and the place suitable to each candidate. (example, candidate's local community Centre, Library or at our Training Centre)
• Well structured, high-quality, up-to-date course materials.