IAB LEVEL 2 CERTIFICATE IN BOOK-KEEPING 
      (Qualification Accreditation No. 100/2870/5 – Accreditation end date 31 
      August 2008)

      QUALIFICATION SPECIFICATION

      CONTENTS


      No Section Pages
      1 Introduction 2
      2 Aims 2
      3 Target Group 2
      4 Statement of Level 2
      5 Entry Requirements 2
      6 Progression 3
      7 The Structure of the Qualification 3
      8 Assessment and Grading 3
      9 Certification 4
      10 NVQ in Accounting Level 2 Sign-posting 4
      11 Key Skills Links 4
      12 Spiritual, Moral, Ethical, Social and Cultural Values 4
      13 Health and Safety Issues, Environmental Issues and 4
      European Developments
      14 Reasonable adjustments for candidates with particular requirements 4
      15 Enquiries and Appeals 4
      16 Learning Outcomes and Assessment Criteria 5 - 15

      Appendix 1 - Key Skills Mapping 16 - 18 
      Appendix 2 - Key Skills Summary Statements 19 - 26
      Appendix 3 - Mapping to National Occupational Standards Levels 2, 3, and 4 
      27 - 43
      Appendix 4 - IAB Framework for Regulation and Code of Best Practice 44




      IAB (International Association of Book-keepers)
      Burford House
      44 London Road
      SEVENOAKS
      Kent TN13 1AS

      Telephone: 01732 458080
      Web: www.iab.org.uk


      1. INTRODUCTION
      The overall aim of this qualification is to accredit candidates’ knowledge 
      and understanding of the fundamental principles concerned in the use of a 
      manual accounting system. 
      Within the qualification, candidates have the opportunity to gain 
      knowledge of basic manual book-keeping routines concerning the 
      documentation and processes related to making and receiving payments. They 
      will gain an initial insight into both cash and credit business 
      transactions, VAT and other manual routines.
      The qualification requires candidates to understand those transactions, 
      which are necessary for the day-to-day function of an accounting system 
      and for processing of simple documents. 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 
      manual systems and use it as underpinning knowledge for the study of the 
      IAB Level 3 Certificate in Book-keeping and also progress to the IAB Level 
      2 Certificate in Computerised Book-keeping. 

      To be awarded the full qualification, candidates are required to 
      successfully demonstrate their competence by means of two external 
      examinations (one examination per unit). It will also provide progression 
      to the NVQs in Accounting at Levels 2, 3 and 4. Candidates will receive 
      acknowledgement of successful completion of each Unit individually.
      2. AIMS
      In summary, the qualification aims to enable candidates to: 

      a) Assess their competence and understanding in carrying out a range of 
      day-to-day book-keeping routines and activities using a manual 
      book-keeping system. The activities will include entry of business 
      transactions, and routine book-keeping tasks.

      b) To assess their understanding of the importance of maintaining 
      accuracy, security and integrity in performing any book-keeping tasks 
      using a manual accounting system.

      c) Upon completion, progress in their learning to further develop their 
      knowledge, understanding and skills by:
       Further studies of accounting routines and procedure at this Level 
      (Level 2)
       Progression to the IAB Level 2 Certificate in Computerised Book-keeping.
      3. TARGET GROUP
      The IAB Level 2 Certificate in Book-keeping is aimed at individuals who 
      wish to begin their studies of double entry book-keeping and gain a 
      qualification at Level 2 of the National Framework from a point of no 
      previous knowledge. 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.
      4. STATEMENT OF LEVEL
      This qualification has been designed to assess the knowledge and skills of 
      manual Book-keeping at Level 2 of the National Qualifications Framework.
      5. ENTRY REQUIREMENTS
      As the examination tests the application of knowledge and understanding 
      and not the recall of facts and figures, a high standard of performance is 
      required.
      Information regarding equivalent qualifications can be found via the IAB 
      web-site (www.iab.org.uk) or by contacting the IAB directly. 
      It is recommended that before commencing a course leading to either or 
      both of the Units of the IAB Level 2 Certificate in Book-keeping the 
      prospective student will already have basic skills in numeracy and 
      literacy.
      6. PROGRESSION
      The qualification has been designed to provide the essential knowledge, 
      understanding and skills required to complement and enable candidates to 
      progress to other related qualifications at Level 2 of the National 
      Qualifications Framework.
      The qualification will provide a basis for progression to the study of the 
      IAB Level 2 Certificate in Computerised Book-keeping. It will also provide 
      progression to the NVQ in Accounting at Level 3 with some aspects of Unit 
      7 of the National Occupational Standards also being covered.

      It will also provide progression to A/AS levels in Accounting and related 
      units in the Advanced Vocational Certificate of Education (AVCE) 
      qualifications.
      7. THE STRUCTURE OF THE QUALIFICATION
      The Level 2 qualification is divided into two separately examined Units
      Unit 1 contains the manual aspects of the syllabus and comprises eight 
      mandatory Learning Outcomes with associated Assessment Criteria. It should 
      be noted that this Unit also contains work in a manual environment only.
      Unit 2 contains further work on manual aspects of the syllabus comprising 
      seven mandatory Learning Outcomes with associated Assessment Criteria
      Teachers/trainers may find it necessary to address the Learning Outcomes 
      in a different order initially. Teachers and trainers should ensure that 
      learning programmes are designed to meet the needs of individual 
      candidates. They should also ensure that learning programmes take account 
      of the need for candidates’ to continue to be fully competent in the 
      knowledge and skills gained during this initial study of manual 
      book-keeping.
      It is considered that each Unit of this qualification has a ‘notional’ 
      estimate of 30 Guided Learning Hours (GLH) or 60 hours of Notional 
      Learning Time (NLT). It is ‘notional’ because the actual GLH, or NLT, of 
      course must take into account the specific needs of the individual 
      candidates for the qualification. For example, candidates who are 
      relatively new to working with numbers may need significantly more GLH/NLT 
      as opposed to those with substantial experience who may need less. 
      Teachers/trainers should use their professional judgement in assessing the 
      needs of candidates and deciding the GLH/NLT to be provided. 
      8. ASSESSMENT AND GRADING
      All Learning Outcomes will be assessed through two, externally set and 
      marked, two hour examinations, each consisting of a series of four 
      hand-written tasks. The examination will build on the candidates’ 
      book-keeping knowledge and will assess the candidate’s ability in relation 
      to the Learning Outcomes. Candidates will be required to carry out the 
      tasks accurately and in keeping with current accounting concepts and 
      practice. 
      Faults will be incurred where candidates make errors in numeracy or 
      failing to follow required procedures and formats. 
      In order to achieve a Pass, candidates will be required to complete the 
      assessment tasks without exceeding the permitted error tolerance. Results 
      will be graded Pass or Fail only. Pass grades are further categorised into 
      Distinction with Commendation, Distinction, Credit and Pass. Fail grades 
      are categorised into Marginal Fail and Fail.
      PASS AND FAIL MARKS/PERCENTAGES
      A* DISTINCTION WITH COMMENDATION 95% and above
      A DISTINCTION 85 – 94.99% 
      B CREDIT 70 – 84.99% 
      C PASS 55 – 69.99% 
      M MARGINAL FAIL 50 – 54.99%
      F FAIL Below 50%

      Candidates may sit the Examination of each Unit on either the specific 
      dates set and published by the IAB or on dates set by Centres on an 
      ‘On-demand’ basis. Centres are advised to consult the IAB Centre Handbook 
      on the IAB website (www.iab.org.uk) or contact the IAB for details of how 
      to arrange an 'On-demand' examination. All necessary security of candidate 
      data and information will be undertaken by the IAB.


      9. CERTIFICATION
      All candidates who achieve a Pass grade will receive a formal Results 
      Letter and may apply for a Unit Certificate. On successful completion of 
      both Units at this Level the candidate may apply for the IAB Level 2 
      Certificate in Book-keeping
      10. NVQ IN ACCOUNTING LEVEL 2 SIGN-POSTING 
      A sign-posting map is provided at the end of the Unit Specification 
      demonstrating the links between this qualification and the knowledge and 
      understanding requirements of the NVQ in Accounting at Level 2.
      11. KEY SKILLS LINKS 
      During their study towards the qualification, candidates may have 
      opportunities to develop the knowledge and skills necessary to produce 
      some of the evidence required for the Level 2 for the following Key 
Skills:
       Communication
       Working with Others
       Application of Number
       Information Communication Technology
       Improving Own Learning and Performance
       Problem Solving
      Appendices 1 and 2 provide details of the links between this qualification 
      and potential opportunities to develop the Key Skills.
      12. SPIRITUAL, MORAL, ETHICAL, SOCIAL AND CULTURAL VALUES
      Tutors preparing candidates would have opportunities to introduce relevant 
      ethical, social and moral values throughout a course leading to this 
      qualification. Of specific relevance would be matters of honesty and 
      integrity, probity and confidentiality of information. In addition, the 
      IAB Framework for Regulation and Code of Best Practice (provided at 
      Appendix 4) also underpin all Learning Outcomes of the qualification.
      13. HEALTH AND SAFETY ISSUES, ENVIRONMENTAL ISSUES AND EUROPEAN 
      DEVELOPMENTS
      There is no specific coverage of these issues within the qualification.
      14. REASONABLE ADJUSTMENTS FOR CANDIDATES WITH PARTICULAR REQUIREMENTS
      The IAB and IAB Accredited Centres are required to ensure that candidates 
      with particular assessment needs are not disadvantaged and that 
      appropriate arrangements are made to meet their assessment needs. The 
      procedure to make an application for arrangements to meet a candidate’s 
      specific needs is detailed in the IAB Centre Handbook.
      15. ENQUIRIES AND APPEALS
      The IAB and IAB Accredited Centres are required to process all enquiries 
      and appeals in accordance with the IAB established procedures.


      16. UNIT SPECIFICATIONS INCLUDING NVQ LEVEL 2, 3 AND 4 IN ACCOUNTING 
      SIGN-POSTING

      IAB Level 2 – Certificate in Book-Keeping

      Unit 1 (IAB Unit Code B2.1) – Entering Transactions into Books of Prime 
      Entry
      (Unit accreditation Number D103/1539)

      Aim of the Unit

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

      • Understand and apply basic Accounting Concepts and Book-keeping Ethics
      • Understand fundamental double entry Book-keeping terms and processes
      • Calculate Value Added Tax
      • Prepare and Validate Business Documents
      • Use sub divided Books and record credit based transactions
      • Make and Receive Payments
      • Record Receipts and Payments
      • Process Petty Cash

      Prior Knowledge and Skills Requirements

      There are no requirements for this Unit.

      Learning Outcome Assessment Criteria

      2.1.1 Understand and apply basic accounting concepts and Book-keeping 
      ethics 
      Be able to recognise and apply the basic accounting concepts of:
      • Business Entity
      • Money Measurement
      • Duality
      • Historic Cost

      Be aware of the need for confidentiality in the keeping of financial 
      records.


      2.1.2 Understand fundamental double entry Book-keeping terms and processes 

      Understand the terms assets, capital and liabilities. Have knowledge of 
      the purpose of the Balance Sheet. 

      Be able to:
      • Identify assets, capital and liabilities and open double entry Books 
      (single ledger system)
      • Process a range of basic business transactions through a single ledger 
      system. 
      • Balance off ledger accounts.




      2.1.3 Calculate Value Added Tax














      Have knowledge of the current VAT registration rules and know who must 
      register for VAT. 

      Be aware of the need to quote a VAT registration number on business 
      documents.
      Be able to:
      • Identify the government department responsible for administration of the 
      VAT scheme
      • Explain the following terms
      • VAT standard rate
      • VAT zero rate
      • Exempt from VAT
      • VAT output tax
      • VAT input tax
      • Outside the scope of 

      2.1.3 Calculate Value Added Tax
      (continued) 
      Be able to:
      • Calculate VAT output tax in accordance with current VAT rules
      • Calculate VAT output tax given a VAT inclusive amount
      • Calculate VAT input tax in accordance with current VAT rules 
      • Calculate VAT input tax given a VAT inclusive amount
      • Check VAT input tax on incoming business documents
      • Identify and report errors in calculation of VAT

      Be able to:
      • Keep a VAT account and record VAT output and input tax
      • Balance a VAT account and explain the closing balance

      2.1.4 Prepare and validate business documents 
      Be aware of the rules regarding documentation retention. 

      Understand the function of the following business documents, that flow 
      between buyer and seller, in support of trade credit transactions:
      • Letter of Enquiry
      • A Quotation
      • A Purchase Order
      • An Acknowledgement of Order
      • An Advice Note
      • A Delivery Note
      • An Invoice
      • A Debit/Credit Note
      • A Statement of Account
      • A Remittance Advice.

      Be able to calculate the following discounts:
      • Trade Discount
      • Cash/Settlement discount
      Be able to check or prepare the following documents relating to credit 
      based customers, ensuring accuracy of calculations and completeness of 
      information:
      • Purchase Order
      • Sales Invoice
      • Debit/Credit Note
      Be able to check or prepare the following documents relating to credit 
      based suppliers against supporting documentation, ensuring accuracy of 
      calculations and completeness of information:
      • Purchase Order
      • Delivery Note
      • Invoice
      • Debit/Credit Note
      Be able to use internal material and documentation:
      • In Customer and/or Supplier files
      • Catalogues and Price lists
      • Goods Received Notes
      • Goods Returned Notes.



      2.1.5 Use sub divided Books and record credit based transactions









      Understand the need for a suitable accounting administration system and 
      appreciate the advantages of using a sub divided Book-keeping system, 
      which includes the use of Books of Prime Entry. 

      Be able to use double entry Book-keeping principles to process a diverse 
      range of business transactions through a sub divided Book-keeping system 
      as follows:
      • The General or Nominal Ledger
      • Personal Accounts of the Sales Ledger
      • Personal Accounts of the Purchase Ledger

      Understand the different methods of processing and appreciate the 
      advantages and disadvantages of:
      • ‘Real time’ processing
      • ‘Batch’ processing

      Be able to list information from invoices received from creditors in the 
      purchase Day Book and;
      • Operate the Purchase Day Book in columnar format to facilitate the 
      analysis of goods and services by product, department or expense
      • Total and code the Day Book
      • Make transfers from the Day Book to appropriate accounts in the main 
      Books.

      Be able to list information from credit notes received from creditors in 
      the Purchase Returns Day Book and:
      • Operate the Purchase Returns Day Book in columnar format to facilitate 
      the analysis of goods and services by product, department or expense
      • Total and code the Day Book
      • Make transfers from the Day Book to appropriate accounts in the main 
      Books.

      Be able to list information from invoices issued to Debtors in the Sales 
      Day Book and;
      • Operate the Sales Day Book in columnar format to facilitate the analysis 
      of goods and services by product or department
      • Total and code the Day Book
      • Make transfers from the Day Book to appropriate accounts in the main 
      Books. 

      Be able to list information from credit notes issued to Debtors in the 
      Sales Returns Book and;
      • Operate the Sales Return Day Book in columnar format to facilitate the 
      analysis of goods and services by product or department
      • Total and code the Day Book
      • Make transfers from the Day Book to appropriate accounts in the main 
      Books

      Understand the purpose of the Journal as a Book or voucher. 

      Be able to use the Journal to:
      • Open double entry Books
      • Account for the purchase of fixed assets on credit
      • Make transfers between accounts.

      NB: Whilst students will be required to make postings from the Day Books 
      to Sales Ledger and Purchase Ledger Control Accounts in this Unit, they 
      will not be required to reconcile Personal account balances to Control 
      account balances






      2.1.6 Make and receive payments











      Understand and identify the appropriate methods of making and receiving 
      payments

      Be able to:
      • Make and receive payment in cash (notes and coins)
      • Prepare a cheque for signature
      • Check a cheque received for completeness.




      Know how to:
      • Process plastic cash receipts and payments using manual and EFTPOS 
      transfer systems
      • Set up standing orders and direct debit mandates
      • Process standing orders and direct debit receipts and payments
      • Process giro credit, BACSTEL-IP and CHAPS receipt and payments

      Be able to:
      • Prepare a BACSTEL-IP payment listing
      • Process settlement by offset / contra transactions

      Be able to:
      • Prepare a till contents sheet for cash based transactions
      • Prepare monies for banking
      • Prepare a paying in slip.

      2.1.7 Record receipts and payments 
      Understand that the Cash Book can be both a Book if Prime entry and a main 
      Book. 

      Be able to process receipts and payments transactions through a 
      columnar/analysed cash Book:
      • Accurately enter cash discounts allowed and received
      • Extend receipts/payments to appropriate analysis columns.
      • Balance off and code the Cash Book
      • Bring down cash and bank balances
      • Make transfers from the Cash Book to appropriate accounts in the main 
      Books.

      NB: Whilst students will be required to make postings from the Analysed 
      Cask Book to Sales Ledger and Purchase Ledger Control Account in this 
      unit, they will not be required to reconcile personal account balances to 
      control account balances.

      2.1.8 Process Petty Cash 
      Understand the advantages of keeping a Petty Cash Book as a subsidiary of 
      the main Cash Book. 

      Understand the advantage of appointing a Petty Cashier to be responsible 
      for the petty cash float and the petty cash records. 

      Be able to:
      • Explain the Imprest System of petty cash
      • Draw up a Petty Cash Voucher
      • Enter petty cash transactions into a Petty Cash Book
      • Balance and code the Petty Cash Book
      • Bring down the petty cash balance
      • Complete a cheque requisition and restore the petty cash imprest balance
      • Make transfers from the Petty Cash Book to appropriate accounts in the 
      main Books. 
      UNIT ASSESSMENT
      Candidates may sit the Examination of this Unit on either the specific 
      dates set and published by the IAB or on dates set by Centres on an 
      ‘On-demand’ basis. Centres are advised to consult the IAB Centre Handbook 
      on the IAB website (www.iab.org.uk) or contact the IAB for details of how 
      to arrange an 'On-demand' examination. All necessary security of data and 
      information will be undertaken.


      NVQ IN ACCOUNTING LEVEL 2 SIGN-POSTING

      IAB Level 2 Certificate in Book-keeping
      Unit 1 (IAB Unit Code B2.1) – Entering Transactions into Books of Prime 
      Entry

      Learning Outcomes of the Related to the following 
      IAB Level 2 Unit 1 Certificate Elements of the NVQ in 
      in Book-keeping Accounting Level 2

      2.1.1 Understand and apply basic Accounting Concepts and Book-keeping 
      ethics
      1.1; 1.2
      2.1; 2.2; 2.3
      3.1; 3.2
      2.1.2 Understand fundamental double-entry book-keeping terms and processes
      1.1, 1.2
      2.1, 2.2
      3.1, 3.2, 3.3
      2.1.3 Calculate Value Added Tax 1.1, 1.2
      2.1, 2.2
      2.1.4 Prepare and validate business documents 1.1; 1.2
      2.1; 2.2
      4.1
      2.1.5 Use sub-divided Books and record credit based transactions 1.1; 1.2
      2.1; 2.2
      3.1; 
      2.1.6 Make and Receive Payments
      1.2
      2.2
      3.1
      4.1
      2.1.7 Record Receipts and Payments 1.2
      2.2
      3.1
      4.1
      2.1.8 Process Petty Cash 1.1; 1.2
      2.1; 2.2
      4.1




      NVQ IN ACCOUNTING LEVEL 3 SIGN-POSTING

      IAB Level 2 Certificate in Book-keeping
      Unit 1 (IAB Unit Code B2.1) – Entering Transactions into Books of Prime 
      Entry

      Learning Outcomes of the Related to the following 
      IAB Level 2 Unit 1 Certificate Elements of the NVQ in 
      in Book-keeping Accounting Level 3



      2.1.1 Understand and apply basic Accounting Concepts and Book-keeping 
      ethics

      2.1.2. Understand fundamental double-entry book-keeping terms and 
processes

      2.1.3 Calculate Value Added Tax 7.3

      2.1.4 Prepare and validate business documents 7.3
      2.1.5 Use sub-divided Books and record credit based transactions 
      2.1.6 Make and Receive Payments
      7.3
      2.1.7 Record Receipts and Payments
      7.3
      2.1.6 Process Petty Cash 7.3




      IAB Level 2 – Certificate in Book-Keeping

      Unit 2 (IAB Unit Code B2.2) – Using the Double Entry Book-keeping System
      (Unit Accreditation Number R103/1540) 

      Aim of the Unit

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

      • Account for Value Added Tax
      • Prepare a Statement of Account
      • Prepare a reconciliation to a Supplier Statement of Account
      • Account for Bad Debts
      • Use Checking Devices – Prepare Control Accounts
      • Use Checking Devices – Reconcile Cash Book Balances (Cash and Bank)
      • Use Checking Devices – Prepare a Trial Balance


      Prior Knowledge and Skills Requirements

      Before starting a course of study or training to the assessment for this 
      unit, it is assumed and is advisable that the candidate has already 
      acquired the knowledge and skills as specified in Unit 1 of the IAB Level 
      2 Certificate in Book-keeping.

      Learning Outcome Assessment Criteria

      2.2.1 Account for Value Added
      Tax 
      Be able to:
      • Use the information from within the double entry book-keeping system to 
      prepare a VAT Return (VAT 100)
      • Complete a VAT Return (VAT 100)

      2.2.2 Prepare a Statement of
      Account 
      Be able to:
      • Use information from within the double entry book-keeping system to 
      prepare a Statement of Account
      • Extract information from the personal account of a Trade Debtor in the 
      Sales Ledger and prepare a Statement of Account


      2.2.3 Prepare a reconciliation to a Supplier Statement of Account 
      Be able to use information from within the double entry book-keeping 
      system to reconcile a Supplier Statement of Account and prepare a 
      Remittance Advice.

      Be able to:
      • Compare the transactions posted to the personal account of the Trade 
      creditor in the Purchase Ledger to the postings per their Statement of 
      Account and account for differences between the two sets of records
      • Prepare a Reconciliation Statement bringing the personal account balance 
      into agreement with the Statement of Account balance
      • Identify invoices falling due for payment
      • Pay invoices falling due for payment taking credit for goods returned, 
      and taking advantages of cash / settlement discounts on offer
      • Prepare a Remittance Advice to be issued with payment.



      2.2.4 Account for Bad Debts








      Be able to use information from within the double entry book-keeping 
      system to identify bad debts, and account for a bad debt write off. 
      Be able to:
      • Define the term ‘bad debt’
      • Review Debtor account balances within the Sales Ledger and identify bad 
      debts
      • Prepare a Journal entry to support a bad debt write off
      • Process a bad debt write off
      2.2.5 Use checking devices - 
      Prepare Control Accounts Understand the function of Sales and Purchase 
      Ledger Control Accounts

      Be able to collect data from relevant sources to prepare the Sales and 
      Purchase Ledger Control Accounts by:
      • Transferring totals from the purchase Day Book to the Purchase Ledger 
      Control Account
      • Transferring totals from the Purchase Returns Day Book to the Purchase 
      Ledger Control Account
      • Transferring totals from the Sales Day Book to the Sales Ledger Control 
      Account
      • Transferring relevant information from the Cash Book including
      • Receipts from Credit Customers
      • Payments to Credit Suppliers
      • Discounts Allowed and Received

      Be able to reconcile Control Account balances to Schedules of Debtors and 
      Creditors extracted from the Sales and Purchase Ledgers.


      2.2.6 Use checking devices Reconcile Cash Book Balances (Cash and Bank) 
      Understand the need to check, as a matter of routine, the balances on the 
      Cash Account and Bank Account within the double entry book-keeping system.

      Be able to:
      • Prepare a Statement that will reconcile cash held to that shown in the 
      Cash Book
      • Account for time lag differences between the Cash Book Bank Account 
      Postings and the Bank Statement Postings
      • Prepare a Bank Reconciliation Statement and reconcile closing balances
      • Update the Cash Book Bank Account following reconciliation.

      2.2.7 Use checking devices -Prepare a Trial Balance 
      Understand the form and function of the Trial Balance.

      Be able to:
      • Prepare a Trial Balance from the accounts within the main Books of 
      Account
      • Prepare a Trial Balance from a list of ledger account balances

      Understand the limitations of the Trial Balance and have a knowledge of 
      the types of errors not disclosed by the Trial Balance

      Be able to: 
      • Correct book-keeping errors
      • Re-draft the Trial Balance after corrections 

      UNIT ASSESSMENT
      Candidates may sit the Examination of this Unit on either the specific 
      dates set and published by the IAB or on dates set by Centres on an 
      ‘On-demand’ basis. Centres are advised to consult the IAB Centre Handbook 
      on the IAB website (www.iab.org.uk) or contact the IAB for details of how 
      to arrange an 'On-demand' examination. All necessary security of data and 
      information will be undertaken.

      NVQ IN ACCOUNTING LEVEL 2 SIGN-POSTING
      IAB Level 2 Certificate in Book-keeping
      Unit 2 (IAB Unit Code B2.2) – Using the double entry book-keeping system

      Learning Outcomes of the Related to the following 
      IAB Level 2 Unit 2 Certificate Elements of the NVQ in 
      in Book-keeping Accounting Level 2

      2.2.1 Account for Value Added Tax
      1.1; 1.2
      2.1; 2.2; 
      3.1; 
      4.2

      2.2.2 Prepare a Statement of Account 1.1
      3.2

      2.2.3 Prepare a reconciliation to a Supplier Statement of Account 2.2
      3.2
      2.2.4 Account for Bad Debts 1.1
      3.2

      2.2.5 Use checking devices – Prepare Control Accounts 1.1; 1.2
      2.1; 2.2
      3.1; 3.2; 3.3
      4.2

      2.2.6 Use checking devices – Reconcile Cash Book balances (Cash and Bank) 
      3.1, 3.2
      2.2.7 Use checking devices – Prepare a Trial Balance 3.1; 3.2; 3.3
      4.2









      NVQ IN ACCOUNTING LEVEL 3 SIGN-POSTING
      IAB Level 2 Certificate in Book-keeping
      Unit 2 (IAB Unit Code B2.2) – Using the double entry book-keeping system

      Learning Outcomes of the Related to the following 
      IAB Level 2 Unit 2 Certificate Elements of the NVQ in 
      in Book-keeping Accounting Level 3

      2.2.1 Account for Value Added Tax
      7.3
      2.2.2 Prepare a Statement of Account 5.2

      2.2.3 Prepare a reconciliation to a Supplier Statement of Account 5.2
      2.2.4 Account for Bad Debts 
      2.2.5 Use checking devices – Prepare Control Accounts 7.3

      2.2.6 Use checking devices – Reconcile Cash Book balances (Cash and Bank) 
      2.2.7 Use checking devices – Prepare a Trial Balance 



      NVQ IN ACCOUNTING LEVEL 4 SIGN-POSTING
      IAB Level 2 Certificate in Book-keeping
      Unit 2 (IAB Unit Code B2.2) – Using the double entry book-keeping system

      Learning Outcomes of the Related to the following 
      IAB Level 2 Unit 2 Certificate Elements of the NVQ in 
      in Book-keeping Accounting Level 4

      2.2.1 Account for Value Added Tax

      2.2.2 Prepare a Statement of Account 

      2.2.3 Prepare a reconciliation to a Supplier Statement of Account 
      2.2.4 Account for Bad Debts 15.3, 15.4
      2.2.5 Use checking devices – Prepare Control Accounts 
      2.2.6 Use checking devices – Reconcile Cash Book balances (Cash and Bank) 
      2.2.7 Use checking devices – Prepare a Trial Balance 



      APPENDIX 1 - KEY SKILLS MAPPING GRIDs

      IAB LEVEL 2 CERTIFICATE IN BOOK-KEEPING – UNIT 1 (Unit B2.1)


      UNIT 
      OUTCOME COMMUNICATION APPLICATION OF NUMBER 
      INFORMATION COMMUNICATION
      TECHNOLOGY IMPROVING OWN PERFORMANCE 
      WORKING WITH OTHERS 
      PROBLEM SOLVING

      2.1.1 1 C2.1, C2.2a, C2.2b,C2.3 
      2 

      2.1.2 1 C2.1, C2.2a, C2.2b,C2.3 
      2 N2.1, N2.2 WO2.1, WO2.2, WO2.3 PS2.1


      2.1.3 1 C2.1, C2.2a, C2.2b,C2.3 
      2 C2.1, C2.2a 
      3 C2.1, C2.2a, C2.2b,C2.3 
      4 N2.1, N2.2 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2
      5 N2.1, N2.2 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2, PS2.3


      2.1.4 1 C2.1, C2.2a, C2.2b,C2.3 
      2 C2.1, C2.2a, C2.2b,C2.3 
      3 N2.1, N2.2 PS2.1, PS2.2, PS2.3
      4 N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 PS2.1,PS2.3
      5 N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3
      6 N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 


      2.1.5


      1 C2.1, C2.2a, C2.2b,C2.3 
      2 N2.1 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3
      3 C2.1, C2.2a, C2.2b,C2.3 N2.1 PS2.1, PS2.3
      4 N2.1 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3
      5 N2.1 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3
      6 N2.1 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3
      7 N2.1 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3
      8 C2.1, C2.2a N2.1 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3

      2.1.6
      1 C2.1, C2.2a, C2.2b,C2.3 
      2 N2.1 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3
      3 C2.1, C2.2a, C2.2b,C2.3 N2.1 WO2.1, WO2.2, WO2.3 
      4 N2.1, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3

      2.1.7 1 C2.2a, C2.2b, C2.3 
      2 N2.1, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3

      2.1.8 1 C2.2a, C2.2b, C2.3 
      2 C2.2a, C2.2b, C2.3 
      3 C2.2a, C2.2b, N2.1, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.3



      IAB LEVEL 2 CERTIFICATE IN BOOK-KEEPING – UNIT 2 (Unit B2.2)

      KEY SKILLS MAPPING GRID







      UNIT 


      OUTCOME 
      COMMUNICATION 
      APPLICATION OF NUMBER 
      INFORMATION COMMUNICATION
      TECHNOLOGY 
      IMPROVING OWN PERFORMANCE 
      WORKING WITH OTHERS 
      PROBLEM SOLVING

      2.2.1 1 N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2, 
      2 N2.1, N2.2 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2, 
      2.2.2 1 N2.1, N2.2, N2.3 WO2.1, WO2.2 PS2.1, PS2.2, PS2.3
      2.2.3 1 N2.1, N2.2, N2.3 WO2.1, WO2.2, PS2.1, PS2.2, PS2.3
      2 N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2,
      2.2.4 1 N2.1, N2.2, N2.3 WO2.1, WO2.2, PS2.1, PS2.2, PS2.3
      2 C2.1, C2.2a N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2, 

      2.2.5
      1 C2.1, C2.2a, C2.2b, C2.3 
      2 N2.1, N2.2, WO2.1, WO2.2, WO2.3 PS2.1, PS2.2, 
      3 N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2, PS2.3
      2.2.6 1 C2.1, C2.2a, C2.2b, C2.3 
      2 N2.1, N2.2, N2.3 WO2.1, WO2.2, WO2.3 PS2.1, PS2.2, PS2.3

      2.2.7 1 C2.1, C2.2a, C2.2b, C2.3 
      2 C2.1, C2.2a, C2.2b, C2.3 N2.1, N2.2, N2.3 WO2.1, WO2.2, PS2.1, PS2.2, 
      PS2.3


      APPENDIX 2 

      KEY SKILLS - QUALIFICATION LEVEL MAP for IAB Level 2 Certificate in 
      Book-keeping – Unit 1



      KEY SKILLLS ( LEVEL 2 ) STANDARDS 



      2.1.1 2.1.2 2.1.3 2.1.4 2.1.5 2.1.6 2.1.7 2.1.8
      Understand and apply basic Accounting Concepts and book-keeping ethics
      Understand fundamental double entry book-keeping terms and processes 
      Calculate Value Added Tax Prepare and validate business documents Use 
      sub-divided books and record credit transactions Make and Receive Payments 
      Record Receipts and Payments Process Petty Cash
      COMMUNICATION

      C21a Contribute to a discussion about a straightforward subject.

      C21b Give a short talk about a straightforward subject using an image.

      C22 Read and summarise information from two extended documents about a 
      straightforward subject.

      C23 Write two different types of documents about straight- forward 
      subjects. One piece of writing should be an extended document and include 
      at least one image










      Evidence Evidence Evidence Evidence Evidence Evidence Evidence
      Class work & homework.
      Evidence may vary according to course delivery.
      Be able to communicate an understanding of the benefits of Accounting 
      Concepts and the Accounting Equation to others 
      Classwork & homework Evidence may vary according to course delivery
      Be able to discuss what is meant by fundamental book-keeping terms and 
      processes and how they relate to the business organisation Class work & 
      homework
      Evidence may vary according to course delivery.
      Be able to discuss the information necessary to account for VAT. Class 
      work &homework
      Evidence may vary according to course delivery.
      Be able to discuss with others, the information necessary for the use and 
      compiling of business documents and including the types of documents 
      necessary and the use of discounts. Class work & homework.
      Evidence may vary according to course delivery.
      Discuss with others the need for the sub dividing of the main books of the 
      business 
      and the posting of the various business transactions. Class work & 
homework
      Evidence may vary according to course
      delivery.
      Discuss appropriate methods for recording income received and payments to 
      be made.
      Be able to discuss what is understood by the banking system and the pro’s 
      and cons’ of different payment methods. Class work & homework
      Evidence may vary according to course
      delivery.
      Give a clear understanding to others what is meant by the Cash Book and 
      the information it contains, especially the balances. Class work & 
homework
      Evidence may vary according to course
      delivery.
      Give a clear understanding of the use and processes related to the 
      accounting for petty cash.


      WORKING WITH OTHERS

      WO2.1 Plan straightforward work with others, identifying objectives and 
      clarifying responsibilities, & confirm working arrangements.

      WO2.2 Work cooperatively with others towards achieving identified 
      objectives, organising tasks to meet your responsibilities.

      WO2.3Exchange information on progress and agree ways of improving work 
      with others to help achieve objectives.


      Evidence Evidence Evidence Evidence Evidence Evidence Evidence
      Class work &homework.
      Evidence may vary according to course delivery.
      Use knowledge of the Accounting Concepts and Accounting Equation to 
      explain various aspects of basic book-keeping to others
      Classwork & homework Evidence may vary according to course delivery
      Be able to plan the entering of business transactions into the Books of 
      Prime Entry with others, in accordance with organisational procedures 
      Class work &homework
      Evidence may vary according to course delivery.
      To liaise with other members of the organisation in the recording of VAT.
      Plan work so that the VAT Return can be completed in a timely manner Class 
      work &homework.
      Evidence may vary according to course delivery.
      Work with others in both the same and different departments of the 
      organisation, to compile business documents according to organisational 
      requirements. Class work & homework.
      Evidence may vary according to course delivery.
      Be able to liaise with others and plan the timescale for the entering of 
      documents into the Day Books and Ledgers of the business Class work 
      &homework
      Evidence may vary according to course delivery.
      Be able to organise with others the preparation of cash based transactions 
      for banking and visits to the Bank. Class work & homework
      Evidence may vary according to course
      delivery.
      Discuss with others the timescales and routines for entry of receipts and 
      payments into the Books of Prime Entry. Class work & homework
      Evidence may vary according to course
      delivery.
      Deal with those employees claiming Petty Cash expenditure in a polite and 
      accurate manner according to organisational procedures.



      APPLICATION OF NUMBER
      N21 Interpret information from two different sources, including material 
      containing a graph.

      N22 Carry out calculations to do with:
      A Amounts and sizes
      B Scales and proportions
      C Handling statistics
      D Using formulae

      N23 Interpret the results of your calculations and present your findings. 
      You must use at least one graph, one chart and one diagram.


      Evidence Evidence Evidence Evidence Evidence Evidence Evidence
      NONE
      Classwork & homework Evidence may vary according to course delivery
      Be able to process a range of business document into the Books of Prime 
      Entry and ‘balance off’ the various accounts where necessary Class work 
      &homework
      Evidence may vary according to course delivery.
      Be able to calculate VAT from a Gross and Net situation. Class work 
      &homework.
      Evidence may vary according to course delivery.
      Prepare business documents from given information, including the 
      calculation of discounts. Class work & homework.
      Evidence may vary according to course delivery.
      Be able to prepare batches of invoices and credit notes for entry in the 
      Day Books and Total the Day Books with accuracy .
      Also make entries in the Ledgers from the Day Books ensuring accuracy at 
      all times. Class work &homework
      Evidence may vary according to course delivery.
      Calculate and prepare monies for banking.
      Make and receive accurate payments in cash.
      Class work & homework
      Evidence may vary according to course
      delivery.
      Enter all types of receipts and payments into an analysed cash book and be 
      able to balance off the cash book bringing down balances to the start of 
      the next financial period. Class work & homework
      Evidence may vary according to course
      delivery.
      Make cash payments to those claiming petty cash. Enter all petty cash 
      receipts and payments into the Petty Cash Book. Total the Petty Cash Book 
      and agree the amount for reimbursement to restore the balance.
      INFORMATION COMMUNICATION TECHNOLOGY

      IT21 Search for and select information for two different purposes

      IT22 Explore and develop information, and derive new information, for two 
      different purposes.


      IT23 Present combined information for two different purposes. Your work 
      must included at least one example of text, one example of images, and one 
      example of numbers.
      Evidence Evidence Evidence Evidence Evidence Evidence Evidence Evidence

      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE


      IMPROVING OWN LEARNING AND PERFORMANCE

      LP2.1 Help set targets with an appropriate person and plan how these will 
      be met

      LP2.2 Take responsibility for some decisions about your learning, using 
      your plan to help meet targets and improve your performance

      LP2.3 Review progress with an appropriate person and provide evidence of 
      your achievements
      Evidence Evidence Evidence Evidence Evidence Evidence Evidence Evidence

      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE
      PROBLEM SOLVING


      PS1 Identify a problem, with help from an appropriate person, and identify 
      different ways of tackling it.

      PS2 Plan and try out at least one way of solving the problem

      PS3 Check if the problem has been solved and identify ways to improve 
      problem solving skills.
      Evidence Evidence Evidence Evidence Evidence Evidence Evidence Evidence
      Class work &homework.
      Evidence may vary according to course delivery.
      Understand any errors that arise from the outcome of applying the 
      Accounting Equation. Understand where the figures are derived from and how 
      the errors may have arisen.
      Class work & homework
      Evidence may vary according to course delivery
      Be aware of errors that may occur when the constituents of the Accounting 
      Equation are incorrectly applied
      By applying the Accounting Equation check the problem has been overcome 
      Class work &homework
      Evidence may vary according to course delivery.
      Identify errors arising from calculation of VAT both internally and by 
      suppliers or goods or services. Be able to correct those errors and inform 
      necessary personnel. Class work &homework.
      Evidence may vary according to course delivery.
      Deal with errors arising from incorrect compilation of business documents, 
      or missing documents. Class work & homework.
      Evidence may vary according to course delivery.
      Identify and deal with errors that arise from incorrect batch totals or 
      incorrectly totalled Day Books or incorrect postings to the Ledgers Class 
      work &homework
      Evidence may vary according to course delivery.
      Deal with errors arising from incorrect completion of banking documents. 
      Be able to check if the error has been accurately corrected. Class work & 
      homework
      Evidence may vary according to course
      delivery.
      Identify what errors may have occurred in making entries into the cash 
      book and be able to correct those errors in an accurate and acceptable 
      manner. Class work & homework
      Evidence may vary according to course
      delivery.
      Identify errors in the cash balance held for Petty Cash against the 
      balance in the Petty Cash Book. Be able to correct the Petty Cash Book if 
      necessary and identify interested personnel internally or externally.




      KEY SKILLS - QUALIFICATION LEVEL MAP for IAB Level 2 Certificate in 
      Book-keeping – Unit 2
      KEY SKILLLS ( LEVEL 2 ) STANDARDS 



      2.2.1 2.2.2 2.2.3 2.2.4 2.2.5 2.2.6 2.2.7
      Account for Value Added Tax Prepare a Statement of Account Prepare a 
      Reconciliation to a Supplier Statement of Account Account for Bad Debts 
      Use checking devices – Prepare Control Accounts Use checking devices – 
      Reconcile Cash Book Balances
      (Cash and Bank) Use checking devices – Prepare a Trial Balance
      COMMUNICATION

      C21a Contribute to a discussion about a straightforward subject.

      C21b Give a short talk about a straightforward subject using an image.

      C22 Read and summarise information from two extended documents about a 
      straightforward subject.

      C23 Write two different types of documents about straight- forward 
      subjects. One piece of writing should be an extended document and include 
      at least one image Evidence Evidence Evidence Evidence Evidence Evidence 
      Evidence
      Class work &homework
      Evidence may vary according to course delivery.
      Be able to discuss the information necessary to account for VAT including 
      compiling the VAT Return Class work & homework
      Evidence may vary according to course
      delivery.
      Discuss the use and preparation of a Statement of Account Class work & 
      homework
      Evidence may vary according to course
      delivery.
      Discuss the use and
      preparation of a Reconciliation of a Suppliers Statement of Account to the 
      relevant Ledger entries Class work & homework
      Evidence may vary according to course delivery.
      Discuss, with others, the need for monitoring unpaid debts and the 
      transactions need to account for bad debts Class work & homework
      Evidence may vary according to course
      delivery.
      Discuss and communicate the need for Control Accounts as a checking 
      device, and describe how they are prepared. Class work & homework
      Evidence may vary according to course
      delivery.
      Discuss and explain to others the need for, and outcome of, reconciliation 
      between the Statement of Account from the Bank, and the balances in the 
      Cash Book. Class work & homework
      Evidence may vary according to course
      delivery.
      Discuss and communicate the need for a Trial Balance as a checking device, 
      and describe how it is prepared.


      WORKING WITH OTHERS

      WO2.1 Plan straightforward work with others, identifying objectives and 
      clarifying responsibilities, & confirm working arrangements.

      WO2.2 Work cooperatively with others towards achieving identified 
      objectives, organising tasks to meet your responsibilities.

      WO2.3Exchange information on progress and agree ways of improving work 
      with others to help achieve objectives. Evidence Evidence Evidence 
      Evidence Evidence Evidence Evidence
      Class work &homework.
      Evidence may vary according to course delivery.
      To liaise with other members of the organisation in the recording of VAT.
      Plan work so that the VAT Return can be completed in a timely manner Class 
      work & homework
      Evidence may vary according to course
      delivery.
      Liaise with others, where necessary, in gaining the information necessary 
      to prepare a Statement of Account Class work & homework
      Evidence may vary according to course
      delivery.
      Liaise with others, where necessary, in gaining the information necessary 
      to prepare a Supplier Statement Reconciliation Class work & homework.
      Evidence may vary according to course delivery.
      Deal with information given by others, relating to decision based 
      transactions, such as the writing off of bad debts. Class work &homework
      Evidence may vary according to course delivery.
      Work with others to complete postings of entries to the Ledgers. Gain the 
      information necessary to compile Control Accounts and relay the 
      conclusions to other personnel Class work & homework
      Evidence may vary according to course
      delivery.
      Identify, and work within the timescale set by others for the completion 
      of the Cash Book and reconciliation with the Bank Statement. Class work & 
      homework
      Evidence may vary according to course
      delivery.
      Work with others to gain the information necessary to compile the Trial 
      Balance and pass on to other internal personnel.
      APPLICATION OF NUMBER Evidence Evidence Evidence Evidence Evidence 
      Evidence Evidence
      N21 Interpret information from two different sources, including material 
      containing a
      graph.

      N22 Carry out calculations to do with:
      A Amounts and sizes
      B Scales and proportions
      C Handling statistics
      D Using formulae
      N23 Interpret the results of your calculations and present your findings. 
      You must use at least one graph, one chart and one diagram

      Class work &homework.
      Evidence may vary according to course delivery.
      Be able to calculate VAT from a Gross and Net situation and complete the 
      VAT Return showing whether a payment is due to or from Customs and Excise 
      Class work & homework
      Evidence may vary according to course
      delivery.
      Be able to accurately calculate the outstanding balance on a Statement of 
      Account from the given information, including the opening balance
      Class work & homework
      Evidence may vary according to course
      delivery.
      Be able to accurately reconcile a Supplier Statement of Account to the 
      relevant ledger Account and prepare a Reconciliation
      Statement Class work &homework
      Evidence may vary according to course delivery.
      Ensure that the double entry principles are adhered to, i.e that each side 
      of the Journal must agree in total before postings for bad debts takes 
      place. Class work & homework
      Evidence may vary according to course
      delivery.
      Calculate the balance accurately of the Control Accounts having recorded 
      all necessary information gleaned from other Ledger Accounts and Books of 
      Prime Entry. Class work & homework
      Evidence may vary according to course
      delivery.
      Complete a Bank Reconciliation Statement and update the Cash Book. Class 
      work & homework
      Evidence may vary according to course
      Deliver
      Calculate the Total of the Trial Balance having recorded all necessary 
      information gleaned from other Ledger Accounts and Books of Prime Entry.


      INFORMATION COMMUNICATION TECHNOLOGY

      IT21 Search for and select information for two different purposes

      IT22 Explore and develop information, and derive new information, for two 
      different purposes.

      IT23 Present combined information for two different purposes. Your work 
      must included at least one example of text, one example of images, and one 
      example of numbers.
      Evidence Evidence Evidence Evidence Evidence Evidence Evidence

      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE
      IMPROVING OWN LEARNING AND PERFORMANCE

      LP2.1 Help set targets with an appropriate person and plan how these will 
      be met

      LP2.2 Take responsibility for some decisions about your learning, using 
      your plan to help meet targets and improve your performance

      LP2.3 Review progress with an appropriate person and provide evidence of 
      your achievements
      Evidence Evidence Evidence Evidence Evidence Evidence Evidence

      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE 
      NONE


      PROBLEM SOLVING

      PS1 Identify a problem, with help from an appropriate person, and identify 
      different ways of tackling it.

      PS2 Plan and try out at least one way of solving the problem

      PS3 Check if the problem has been solved and identify ways to improve 
      problem solving skills.
      Evidence Evidence Evidence Evidence Evidence Evidence Evidence
      Class work &homework.
      Evidence may vary according to course delivery.
      Identify and correct errors arising when preparing a Statement of Account 
      from business transactions and then comparing it to the relevant 
      Customers’ Ledger Account Class work &homework.
      Evidence may vary according to course delivery.
      Identify and correct errors arising when preparing a Reconciliation 
      Statement and comparing the Supplier Statement of Account with the 
      relevant Ledger Account. Class work &homework.
      Evidence may vary according to course delivery.
      Identify errors arising from entry of VAT into the Ledger Account and 
      subsequent production of the VAT Return . Be able to correct those errors 
      and inform necessary personnel internally and externally. Class work & 
      homework.
      Evidence may vary according to course delivery.
      Correct errors made when entering transactions related to bad debts and 
      are identified within the book-keeping system, by using the Journal. Class 
      work &homework
      Evidence may vary according to course delivery.
      Identify where an error has occurred if the Control Account balances do 
      not agree with the totals of the Sales and Purchase Ledger Account 
      balances. Correct such errors and inform any interested personnel. Class 
      work & homework
      Evidence may vary according to course
      delivery.
      Be able to identify internal errors within the Cash Book resulting from a 
      Bank Reconciliation Statement, and those caused by the Bank.
      Be able correct such errors and notifiy the necessary personnel internally 
      and externally. Class work & homework
      Evidence may vary according to course
      delivery.
      Identify where an error has occurred if the Trial Balance does. Inform any 
      interested personnel of the differences and apply any information given.






      APPENDIX 3 National Occupational Standards in Accounting Level 2
      Mapping of IAB Level 2 Certificate in Book-keeping

      Unit 1

      Unit 1: Recording Income and Receipts

      Element: 1.1 Process documents relating to goods and services supplied
      Element: 1.2 Process receipts 
      Learning Outcomes
      2.1.1 - 2.1.8
      THE STATUTORY FRAMEWORK - Know and Understand:


      The Business Environment
      1 Types of business transactions and documents involved (Element 1.1) 
      
      2 Basic law relating to contract law and Sale of Goods Act (Elements 1.1 & 
      1.2) implied
      3 Document retention policies (Elements 1.1 & 1.2) 
      4 General principles of VAT (Element 1.1) 
      5 Types of discounts (Element 1.1) 
      6 Cheques, including crossings and endorsements (Element 1.2) 
      7 The use of banking documentation (Element 1.2) 
      8 Automated payments (Element 1.2) 
      9 Credit limits(Elements 1.1 & 1.2) implied
      10 Basic law relating to data protection (Element 1.2 

      Accounting Methods
      11 Double entry book-keeping including balancing of accounts (Elements 1.1 
      and 1.2) 

      
      12 Accounting for receipts from credit customers and customers without 
      credit accounts (Elements 1.1 and 1.2) 
      13 Methods of coding data (Element 1.1) implied
      14 Operation of manual accounting systems (Elements 1.1 and 1.2) 
      15 Operation of computerised accounting systems including output (Elements 
      1.1 and 1.2) 
      16 The use of the cash book and petty cash book as part of the double 
      entry system or as books of prime entry
      (Elements 1.1 & 1.2) 
      17 Batch control (Elements 1.1 & 1.2) 
      18 Relationships between accounting systems and the ledger (Elements 1.1 
      and 1.2) 
      19 Credit card procedures (Element 1.2) 
      20 Methods of handling and storing money, including the security aspects 
      (Element 1.2) 
      21 Petty Cash procedures; imprest and non-imprest methods; analysis 
      (Elements 1.1 and 1.2) 


      Unit 2: Making and Recording Payments
      Element: 2.1 Process documents relating to goods and services received
      Element: 2.2 Process payments Learning Outcomes
      2.1.1- 2.1.8
      THE STATUTORY FRAMEWORK – Know and Understand: 

      The Business Environment
      1 Types of business transactions and documents involved (Element 2.1) 
      2 Basic law relating to Contract Law and Sale of Goods Act (Elements 2.1 
      and 2.2) implied
      3 Document retention policies 
      4 General principles of VAT (Element 2.1) 
      5 Types of discount (Element 2.1) 
      6 Cheques, including crossing and endorsements (Elements 2.2) 
      7 Automated payments (elements 2.1 and 2.2) 
      8 Different ordering systems; Internet, verbal and written (Element 2.1) 
      9 Documentation for payments (Element 2.2) 
      10 Basic law relating to Data Protection (Element 2.2) 
      Accounting Methods
      11 Double Entry book-keeping, including balances accounts (Elements 2.1 
      and 2.2) 
      12 Accounting for payments to credit suppliers, and to suppliers where a 
      credit account is not available (Elements 2.1 & 2.2) 
      13 Capital and Revenue expenditure (Elements 2.1 and 2.2) implied
      14 Methods of coding data (Element 2.1) Implied
      15 Operation of manual accounting systems (Elements 2.1 and 2.2) 
      16 Operation of computerised accounting systems, including output 
      (Elements 2.1 and 2.2) 
      17 The use of the Cash Book and Petty Cash Book as part of the double 
      entry system or as Books of Prime Entry (Elements 2.1 and 2.2) 
      18 Batch Control (Elements 2.1 and 2.2) 
      19 Relationship between accounting system and ledger (Elements 2.1 and 
      2.2) 
      20 Credit Card procedures (Elements 2.1 and 2.2) 
      22 Payroll accounting procedures; accounting for Gross Pay and statutory 
      and non-statutory deductions through the Wages and Salaries Control 
      Account; payments to external agencies, security and control; simple gross 
      pay to net calculations but excluding the use of tax and NI tables 
      (Element 2.1) 
      23 Methods of handling and storing money from a security aspect (Element 
      2.2) 
      The Organisation
      24 Relevant understanding of the organisation’s accounting systems and 
      administrative systems and procedures 
      (Elements 2.1and 2.2) 

      
      25 The nature of the organisation’s business transactions (Elements 2.1 
      and 2.2) 
      26 Organisational procedures for authorisation and coding of purchase 
      invoices and payments (Elements 2.1 and 2.2) 
      27 House style for correspondence (Element 2.1) 
      28 Organisational procedures for filing source information (Elements 2.1 
      and 2.2) 


      Unit 3: Preparing Ledger Balances and an initial Trial Balance
      Element: 3.1 Balance bank transactions
      Element: 3.2 Prepare ledger balances and control accounts
      Element: 3.3 Draft an initial trial balance 
      Learning Outcomes
      2.1.1 – 2.1.8
      THE STATUTORY FRAMEWORK - Know and Understand: 
      The Business Environment
      1 Types of business transactions and the documents involved (elements 3.1 
      and 3.2) 
      2 General principles of VAT (Element 3.1) 
      3 General bank services and operation of bank clearing system (Element 
      3.1) 
      4 Function and form of banking documents (Element 3.1) 
      Accounting Methods
      5 Double entry book-keeping, including balancing accounts (Elements 3.1, 
      3.2 and 3.3) 
      6 Methods of coding (Elements 3.1, 3.2 and 3.3) Implied
      7 Capital and Revenue expenditure ((Element 3.1) 
      8 Operation of manual accounting systems (Elements 3.1, 3.2 and 3.3) 
      9 Operation of computerised accounting systems, including output (Elements 
      3.1, 3.2 and 3.3) 
      10 The use of the Cash Book and Petty Cash Book as part of the double 
      entry system, or as Books of Prime Entry (Elements 3.1, 3.2 and 3.3) 
      11 Identification of different types of errors (Element 3.1) 
      12 Relationship between the accounting system and the ledgers (Elements 
      3.1 and 3.2) 
      13 Petty Cash procedures; Imprest and non imprest methods; analysis 
      (Element 3.2) 
      14 Methods of posting from primary records to ledger accounts (Element 
      3.2) 
      15 Inter-relationship of accounts – double entry system (Elements 3.2 and 
      3.3) 
      16 Use of Journals (Elements 3.2 and 3.3) 
      17 Reconciling Control Accounts with Memorandum Accounts (Element 3.2) 
      18 Function and form of the Trial Balance (Element 3.3) 

      The Organisation
      19 Relevant understanding of the organisation’s accounting systems and 
      administrative systems and procedures (Elements 3.1, 3.2 and 3.3.) 

      
      20 The nature of then organisation’s business transactions (Elements 
      3.1,3.2 and 3.3) 
      21 Organisations procedures for filing source information (Elements 3.1, 
      3.2 and 3.3) 



      Unit 4: Supplying information for Management Control
      4.1 Code and extract information
      4.2 Provide comparisons on costs and income Learning Ourcomes
      2.1.1 – 2.1.8
      THE STATUTORY FRAMEWORK - Know and Understand: 

      The Business Environment
      1 Types of cost centres, including profit centres, and investments centres 
      (Element 4.1) 

      implied
      2 Costs, including wages, salaries, services and consumables (Element 4.1) 


      Accounting Methods
      3 Identifying cost centres (Element 4.1) 
      
      4 The purpose of management information: decision making, planning and 
      control (Element 4.1) 
      5 The make up of Gross Pay (Element 4.1) 
      6 The relationship between financial and management accounting (Element 
      4.1) 
      7 Methods of analysing information in spreadsheets (Element 4.2) 
      8 Methods of presenting information, including word-processed documents 
      (Element 4.2) 
      9 Handling confidential information (Element 4.2) 
      10 The role of management information in the organization (Element 4.3) 
      11 Awareness of the relationship between financial and management 
      accounting (Element 4.2) 

      The Organisation
      12 Relevant understanding of the organisation’s accounting systems and 
      administrative systems and procedures
      (Elements 4.1, 4.2) 

      
      13 The nature of the orgnaisation’s business transactions (Element 4.1, 
      4.2) 
      14 The goods and services produced, bought and delivered by the 
      organization (Element 4.1, 4.2) 
      15 The cost centres within the organization (Element 4.1) 
      16 Organisational coding structures (Element 4.1) 
      17 The orgnaisation’s confidentiality requirements (Element 4.1) Implied 
      throughout
      18 House style for presentation of different types of documents, including 
      word-processed documents(Element 4.2) 




      National Occupational Standards in Accounting Level 3
      Mapping of IAB Level 2 Certificate in Book-keeping 

      Unit 1


      Unit 7: Preparing Reports and Returns
      Element 7.1 Prepare and present periodic performance reports
      Element 7.2 Prepare reports and returns for outside agencies
      Element 7.3 Prepare VAT Returns 
      Learning Outcomes
      2.1.1 - 2.1.8
      THE STATUTORY FRAMEWORK - Know and Understand: 

      The Business Environment
      1 Main sources of relevant government statistics (Element 7.1, 7.2) 

      2 Relevant performance and quality measures (Element 7.1) 
      3 Main types of outside organisations requiring reports and returns: 
      regulatory, grant awarding, information 
      collecting, trade associations (Element 7.2) 
      4 Basic law and practice relating to all issues covered in the range 
      statement and referred to in the performance 
      criteria. Specific issues include, the classification of types of supply, 
      registration requirements, the form of 
      VAT invoices, tax points (Element 7.3) 
      
      5 Sources of information on VAT: Customs and Excise Guide (Element 7.3) 
      6 Administration of VAT: enforcement (Element 7.3) 
      7 Special schemes: annual accounting, cash accounting; bad debt relief 
      (Element 7.3) Implied

      Accounting Techniques
      8 Use of standard units of inputs and outputs (Element 7.1, 7.3) 

      
      9 Time series analysis (Element 7.1) 
      10 Use of index numbers (Ement 7.1) 
      11 Main types of performance indicators; productivity, cost per unit, 
      resource uitilisation, profitability 
      (Element 7.1, 7.2) 
      12 Ratios: Gross Profit Margin, Net Profit Margin; Return on Capital 
      Employed (Elements 7.1, 7.2) 
      13 Tabulation of accounting and other quantitative information using 
      spreadsheets (Elements 7.1, 7.2) 
      14 Methods of presenting information: written reports; diagrammatic; 
      tabular (Elements 7.1, 7.2) 



      The Organisation
      15 How the accounting systems of an organisation are affected by its 
      organisational structure , its administrative
      systems and procedures and the nature of its business transactions 
      (Elements 7.1, 7.2, 7.3) 

      implied
      16 The purpose and structure of the reporting systems within the 
      organisation (Elements 7.1, 7.2, 7.3) implied
      17 Background understanding that a variety of outside agencies may require 
      reports and returns from 
      organisations and that these requirements must be built into 
      administrative and accounting systems and 
      procedures (Element 7.2, 7.3) 
      
      18 Background understanding that recording and accounting practices may 
      vary between organisations and 
      different parts of organisations (Elements 7.1, 7.2, 7.3) 
      implied
      19 The basis of the relationships between the organisation and the VAT 
      Office (Element 7.3) 




      National Occupational Standards in Accounting Level 2
      Mapping of IAB Level 2 Certificate in Book-keeping 

      Unit 2

      Unit 1: Recording Income and Receipts
      Element: 1.1 Process documents relating to goods and services supplied
      Element: 1.2 Process receipts Learning
      Outcomes
      2.2.1 – 2.2.7
      THE STATUTORY FRAMEWORK - Know and Understand:


      The Business Environment
      1 Types of business transactions and documents involved (Element 1.1) 
      
      2 Basic law relating to contract law and Sale of Goods Act (Elements 1.1 & 
      1.2) implied
      3 Document retention policies (Elements 1.1 & 1.2) 
      4 General principles of VAT (Element 1.1) 
      5 Types of discounts (Element 1.1) 
      6 Cheques, including crossings and endorsements (Element 1.2) 
      7 The use of banking documentation (Element 1.2) 
      8 Automated payments (Element 1.2) 
      9 Credit limits(Elements 1.1 & 1.2) implied
      10 Basic law relating to data protection (Element 1.2 

      Accounting Methods
      11 Double entry book-keeping including balancing of accounts (Elements 1.1 
      and 1.2) 

      
      12 Accounting for receipts from credit customers and customers without 
      credit accounts (Elements 1.1 and 1.2) 
      13 Methods of coding data (Element 1.1) implied
      14 Operation of manual accounting systems (Elements 1.1 and 1.2) 
      15 Operation of computerised accounting systems including output (Elements 
      1.1 and 1.2) 
      16 The use of the cash book and petty cash book as part of the double 
      entry system or as books of prime entry
      (Elements 1.1 & 1.2) 
      17 Batch control (Elements 1.1 & 1.2) 
      18 Relationships between accounting systems and the ledger (Elements 1.1 
      and 1.2) 
      19 Credit card procedures (Element 1.2) 
      20 Methods of handling and storing money, including the security aspects 
      (Element 1.2) 
      21 Petty Cash procedures; imprest and non-imprest methods; analysis 
      (Elements 1.1 and 1.2) 


      Unit 2: Making and Recording Payments
      Element: 2.1 Process documents relating to goods and services received
      Element: 2.2 Process payments 
      Learning
      Outcomes
      2.2.1 – 2.2.7
      THE STATUTORY FRAMEWORK - Know and Understand: 

      The Business Environment
      1 Types of business transactions and documents involved (Element 2.1) 
      
      2 Basic law relating to Contract Law and Sale of Goods Act (Elements 2.1 
      and 2.2) implied
      3 Document retention policies 
      4 General principles of VAT (Element 2.1) 
      5 Types of discount (Element 2.1) 
      6 Cheques, including crossing and endorsements (Elements 2.2) 
      7 Automated payments (elements 2.1 and 2.2) 
      8 Different ordering systems; Internet, verbal and written (Element 2.1) 
      9 Documentation for payments (Element 2.2) 
      10 Basic law relating to Data Protection (Element 2.2) 

      Accounting Methods
      11 Double Entry book-keeping, including balances accounts (Elements 2.1 
      and 2.2) 

      
      12 Accounting for payments to credit suppliers, and to suppliers where a 
      credit account is not available (Elements 2.1 and 2.2) 
      
      13 Capital and Revenue expenditure (Elements 2.1 and 2.2) implied
      14 Methods of coding data (Element 2.1




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