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Resourses: |
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| Product: |
IAB Level 3 Certificate in Book-keeping (formerly Intermediate) |
| Summary: |
Provides the opportunity to obtain a professional qualification to anyone on the first levels of financial accounting. This second level of the IAB qualification gives a more in-depth knowledge and on completion, you can apply to the Association to become a member, which allows you to use the designatory letters MIAB. |
| Description: |
The International Association of Book-keepers is the leading organisation in Britain offering Book-keepers membership of a professional body devoted solely to their interests. The IAB is a prestigious and long established examination body whose qualifications are renowned and highly respected. IAB specialises in promoting the study and practice of Book-keeping and provides the opportunity to obtain a professional qualification to anyone on the first levels of financial accounting.
ICS offer three popular courses designed to suit varying levels of experience- Foundation, Intermediate and Final examinations in Manual Book-keeping.
At ICS we recognise the need to make our courses as flexible as possible, so that you can easily fit study into your existing commitments. Each IAB course is broken down into modular units, to make study as straight forward as possible. From day one you will be taking a hands-on approach to your new career, and will be able to start applying your new skills as you acquire them. This means that you – and your employer - can start feeling a positive impact on your career from the outset of the course.
The ICS International Association of Book-keepers courses will take you from first principles to final accounts, giving an in-depth understanding of the subject and are the most flexible and cost-effective way of gaining the qualifications you need to succeed in this rewarding field. |
| Key Benefits: |
Some key benefits of these courses are:
· Modular approach designed to help you implement skills as you acquire them
· Professionally developed study units relating to each section of the course
· You set the pace and schedule your own time
· Flexible access to your personal tutor
· Free textbook. |
| Topics: |
This second level of the IAB qualification gives a more in-depth knowledge of various procedures such as stock and credit control and introduces you to financial statements. On completion, you can apply to the Association to become a member, which allows you to use the designatory letters MIAB. The course covers the following topics:
· The Ledger and Double-entry Book-keeping.
· Trial Balance, Errors and Financial Statements
· Stock; Credit Control and Accounting Adjustments
· Financial Statements of Sole Traders, Partnerships and Clubs |
| Requirements: |
Must have successfully completed IAB Foundation/ IAB Level 2 Certificate or equivalent. |
| Careers in the Field: |
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.
Solid Book-keeping skills can be invaluable in many roles and career paths, in which case it is difficult to put an exact monetary value on the added earnings potential these skills could offer you. However, a typical salary range for those employed specifically as Book-keepers outside the London area is between £12,000 - £16,000. |
| Qualification: |
IAB Intermediate Certificate |
| Hours of Study: |
80 approx |
| External Exam Information: |
Exam Centres are offered throughout the UK and in many countries overseas. To confirm if a centre is available in a particular country contact IAB. Exams last 3 hours and take place in June & January with the respective deadlines being 15 April & 15 October (15 March & 15 September for overseas). |
| Additional Exam Fees: |
£20 Registration, £20 Annual Subscription & £40 per unit- 2 units - certificate for pass of each unit. IAB qualification when both units passed. |
| Recommended Reading: |
n/a |
| Student Profile: |
NB small changes to syllabus and structure but mostly to assesment. Now 2 exams Course materials to be changed but supplement will be sent to current and new students when available. This will bring them up to date. |
