• business accountancy management

Business, Accountancy and Management

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Overview

This course is an introduction to basic bookkeeping leading to a recognised qualification for those considering a career in bookkeeping, or for those who run their own small business. The Level 1 Award in Bookkeeping offers an introductory qualification in manual bookkeeping skills, in particular providing essential skills in single entry bookkeeping. The qualification introduces students to the role of a bookkeeper, how to understand financial documentation and learn single-entry bookkeeping. It will also cover the principles of cash and credit transactions and familiarise students with the use of spreadsheets in finance.

The Level 1 Award in Bookkeeping is suited to students who are interested in an introduction to bookkeeping. This could include those with no prior knowledge of bookkeeping or those who already have some practical knowledge and would like an accredited qualification in the subject.

To achieve this qualification, candidates must achieve the following units

Unit 1: Understanding the role of the bookkeeper The duties and responsibilities of a bookkeeper Confidentiality and privacy Accuracy

Unit 2: Understand financial transactions Buying and selling Bookkeeping terminology Transactions

Unit 3: Process customer and supplier transactions Invoices and credit notes Recording information Outstanding amounts

Unit 4: Process receipts and payments Recording receipts and payments Understanding and using the cash book Checking the cash book

Entry Requirements

There are no formal entry requirements for this qualification. However an interest in and an understanding of maths and budgeting would be an advantage.

Skills

Students should have a basic ability in numeracy and be methodical and accurate in their work. Experience of, or access to, work in an accounting situation would be an advantage

Qualifications

AAT Level 1 Award in Bookkeeping

Assessment

There are 2 formal external exams and internal unit assignment work. Mock exams and homework are organised to prepare candidates for this.

Home Study

Lecturers will set homework exercises to be completed outside of class time and reviewed the following week. Students may wish to undertake self-study outside of classroom hours. Approximately 3 hours a week is advised.

Work Placement

Students do not need to be in relevant work to undertake this course. Although knowledge of budgeting or business accounting systems would be an advantage.

Progression

The Level 1 Award naturally progresses candidates to the Book Keeping Level 2 Award. Students may wish to discuss studying Accounting at Level 2 with the AAT, or undertaking some further computerised study. Students may also use this qualification as a route to employment or to become self employed.

Fees and Additional Costs

In addition to the tuition fee, students will need to pay for the examination fee for the course upon enrolment, students will also need to register as a member of AAT. There is no set text for the course, however, it is recommended that students buy their own copy of the book used by the lecturer. This will be discussed at the first lesson.

Additional Information

CodeDayStartEndTimesFees*
AL1BOOK 192001 Tuesday 24/09/2019 17/12/2019 18:00 - 21:00 £275.00
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*Terms and conditions apply. The fees stated on this website are for guidance purposes only and should be checked before enrolment. Unless otherwise stated, fees shown are for tuition only, over one term (Community Learning courses) or one academic year. Where a course is longer than one academic year, the fees stated are for the first year, and the cost of the second or subsequent years will be discussed at interview. For details of fee remission for students over 19 click here. If you think you may be entitled to a concession or fee remission, or you would like more information on the additional costs associated with your chosen course, please contact us on 01635 845000 or email info@newbury-college.co.uk.

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