Level 1 Award in Bookkeeping, February Start, one evening a week, duration 18 weeks
Overview
This Level 1 qualification introduces the role of a bookkeeper and the underpinning knowledge to identify and carry out simple different bookkeeping activities, such as income and expenditure, profit and loss, and assets and liabilities. It also offers an introduction to the role, the benefits and risks associated with bookkeeping software.
There is no need for any prior accounting or bookkeeping knowledge. It provides a solid grounding for students before moving on to the Level 2 qualifications.
Course Content - What will I learn?
This qualification covers a range of skills and relevant supporting knowledge in one mandatory unit – Bookkeeping Fundamentals. The qualification is assessed in one end-of-qualification assessment.
Students completing this qualification will develop an understanding of the role of the bookkeeper, including the need to produce timely and accurate work and to follow ethical principles. Students will learn underpinning theory including how to identify assets, liabilities, income, expenses, capital profit or loss, and the differences between trading for cash and trading on credit.
Students will also develop the skills to process customer and supplier transactions, to enter receipts and payments into the cash book and check amounts against the bank statement in preparation for bank reconciliation. Students will be introduced to the dual effect of transactions. This is a fundamental underpinning concept for double-entry bookkeeping and will support students who go on to study bookkeeping at Level 2.
Students will also learn the role that software can have in bookkeeping and the benefits and risks that different types of software may bring. They will explore the differences between cloud accounting software and traditional accounting software and learn about the importance of software security and the steps that can be taken to keep data secure.
Am I right for the course?
Level 1 qualifications are an entry point for students who need additional support to develop their finance or business skills. These qualifications are designed to give students the introductory knowledge and confidence to take on higher-level AAT qualifications and to progress in their lives and careers.
Studying for an AAT short qualification allows students to focus on specific knowledge and skills. Students may wish to move into employment. They may wish to advance in specialised subject areas such as bookkeeping in order to become a bookkeeping member of AAT and achieve AAT Bookkeeper status (AATQB). Alternatively, students may wish to complete the AAT accounting qualifications to a professional level, giving them the opportunity to become full members of AAT and achieve MAAT, and internationally recognised professional status in accounting and finance.
There are no formal entry requirements for this qualification although it is desirable that you have minimum numeracy and ICT skills at Level 1. You do not need prior knowledge of Accounting Software packages.
When you are studying for an AAT qualification your knowledge and skills will be tested via computer-based assessments (CBAs). These are administered by AAT Approved training providers or assessment centers and run entirely on PCs or laptops.
Wholly computer marked so results will be available automatically.
Oaklands College is an approved training provider.
Face-to-face lessons will occur once a week.
Oaklands College has a team of staff who are dedicated to helping you reach your potential and have relevant professional experience in accounting and the use of computerised accounting packages.
What Next?
You may be able to progress to the AAT Level 2 Certificate in Accounting depending on your overall relevant skills and accounting work experience.
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Fees
16-18 years old, no tuition fees apply to Full Time courses and fees subject to confirmation. Additional costs applicable to BHS courses.
For all two year courses fees shown above are per year.
Aged 19+ and planning to take a level 3 or above a different fee may apply. You may be eligible for an Advanced Learning Loan.
All HE courses (full and part time) are subject to tuition fees.
In need of more advice?
Contact our Admissions team to find out more about student fees and how they might apply to you.
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