Why Finance?
Starting a career in finance is like entering a world where you have the power to help businesses achieve financial success.
The opportunities for advancement in the finance industry are endless, making it an exciting choice for your career.
IAB job-ready qualifications, give you the tools and knowledge to start a rewarding career, where you can truly make a di erence in the world of business and finance.
Why is manual bookkeeping so important?
IAB qualifications are designed with real-world demands in mind, focusing on what employers and clients need.
In mastering manual bookkeeping, you'll gain practical knowledge and skills that are directly applicable in the marketplace. This will boost your confidence and set you up for success and progression.
IAB Level 2 Certificate in Bookkeeping
What is it?
This intermediate qualification is designed to enhance basic bookkeeping skills. It provides essential knowledge and abilities for carrying out day-to-day bookkeeping responsibilities using a sub-divided double entry bookkeeping system up to the trial balance stage.
Ideal for those seeking to expand their expertise and take on more complex financial tasks within an organisation, this qualification serves as a stepping stone towards higher accounting roles and greater professional opportunities.
Qualification Units
Principles of bookkeeping and VAT – understanding terms and systems.
Financial services and payment methods – roles of banks and building societies, how businesses use financial services.
Prepare and check business documents – understanding customer documents.
Record transactions in a sub-divided bookkeeping system – how to utilise recording methods.
Prepare a trial balance and reconciliations – prepare trail balance.
Course Structure & Assessment
Minimum Age: 16-19
Entry Requirement: IAB Level 1 or equivalent
Assessment: 2x Online Knowledge Test; 2x Online Assessments; 1x Online Examination
Total Qualification Time: 120 / Guided Learning Hours 50
Why Study?
Prepares you for mid-level positions: Bookkeeper, Accounts Assistant, Junior Accountant, Finance Assistant.
£ Salary Expectations
£23,500 - £40,000
Next steps for learning and growth
Successfully completing a Level 2 qualification allows you to apply for an IAB Associate Membership (AIAB). Next steps for learning and progression include moving up to Level 3 where you could pursue Member (MIAB)/Fellow (FIAB) membership levels. Mid-level career positions will become available, giving you the chance to take on more responsibility and leadership role or consider working towards starting your own business.
