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IAB Level 2 award Certificate in Bookkeeping

(Qualification Accreditation Number 500/3159/4)

ABOUT INTERNATIONAL ASSOCIATION OF BOOKKEEPERS (IAB)

The IAB specialises in providing high quality, relevant financial and business qualifications for students, financial professionals and owners or managers of small businesses. Established in 1973, the IAB now has many thousands of students and members worldwide and is considered the leading international membership body for professional bookkeepers.

It is unique in that it is both a professional body for bookkeepers and an awarding body recognised and regulated by the relevant government authorities in England (Ofqual), Wales and Northern Ireland.

Apart from specific bookkeeping and small to medium size business qualifications, in general the IAB aims to provide a broad and valued range of services to its members and to provide qualifications designed by and with the expertise of professionals and employers. IAB qualifications make a valuable contribution to the skills of individuals, businesses and the economy.

The IAB’s qualifications (and those of its associate professional body, the International Association of Accounting Professionals) are already successfully offered in several countries worldwide including, for example, Iraq, the Caribbean, India, the Russian Federation, Ukraine and the Baltic States. The IAB has over 10,000 members across approximately 60 countries.

In the UK, the IAB is a statutory supervisor and regulator of professional bookkeepers and accounting professionals under the Money Laundering Regulations.

The Level 2 Certificate in Bookkeeping aims to provide learners in a comprehensive range of knowledge and practical skills they will be able to apply as a bookkeeper in a variety of job roles.

The IAB Level 2 Certificate in Bookkeeping is aimed at individuals who wish to further their studies of book-keeping and gain a qualification at Level 2 of the regulated qualification framework. It could also be used by those candidates who have some practical knowledge and skills and wish to gain an accredited qualification in the subject.

There is no formal qualification required for entry to the qualification at this level. It is, however, recommended that before commencing a course leading to the IAB Level 2 Certificate in Bookkeeping the prospective candidate will already have basic skills in numeracy and literacy and some understanding of basic book-keeping practices and terminology as covered in the IAB Level 1 Certificate in Bookkeeping or having some practical knowledge and skills at this level.

2 Knowledge Tests – 70%
2 Assignments – 70%
1 Examination – 60%
The qualification is not graded. On successful completion of each of the mandatory unit, the candidate will be awarded a PASS in the unit completed.

On successful completion of all mandatory units, the candidate will receive the Level 2 Certificate in Bookkeeping from International Association of Bookkeepers (IAB), UK.

Routes to Professional Membership

Duration: 3 months (Total contact hour: 60 hours)

Assessment: 2 hours

Intake: March and August

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