Paper A3 – Data entry to trial balance using a computerised accounts package Correction of errors that do not affect the trial balance.Reconciliation of debtors, creditors and bank balances.Calculation of the value of a suspense account in a system that does not balance.Posting non-sole trader entries (subscriptions, donations, drawings of partners, directors’ loan accounts etc.).Further double entry including the following.Paper A2 – Further double-entry bookkeeping to trial balance Production and explanation of a trial balance.The effect of making and receiving payments including bank, cash and petty cash transactions.Showing an understanding of the effect of entering transactions into a bookkeeping system for sales, purchases, overheads, capital items, returns, personal items etc.Calculation of business documents including calculation of VAT.Calculation of the value of the capital investment for a sole trader.Understanding the different categories of VAT (standard, reduced, zero, exempt, outside the scope).Terms in bookkeeping (assets, liabilities etc.).Knowledge of the different categories of business that exist. Paper A1 – Basic double-entry bookkeeping to trial balance The first two test the concepts that underpin the double entry system for different types of businesses the third tests the set-up and data entry to trial balance using a computerised system. There are three online assessments, all of which are taken in your home or workplace. The ‘A3’ Paper is a home-based assignment where you will need to upload a report. The ‘A1’ and ‘A2’ exams are online so you will need a reliable Internet connection and a computer. If you include the exam fees as part of your enrolment, we will pay for all exam fees up to the agreed value at the time of purchase, but any subsequent increase in exam fees will need to be paid for by the student. The cost of exams can increase at the discretion of the awarding body (ICB). Your results are important to us so nothing will be spared during your exam preparations. You will receive specialist feedback, advice and support plus any extra lessons you may need before taking your exams. Our online mock exams use the same system as the real exams so you will have a good idea of what to expect and ease your nerves at the same time. Our specialist exams department will provide you with the latest end-of-course tests, plus online mock exams. Wages / Salaries & Voluntary Deductionsįurther details on the learning outcomes, assessment criteria, grading, and more can be found by accessing the ICB’s Level 2 Certificate in Bookkeeping SyllabusĮnd of course tests and Mock Exams are the perfect way to ensure you have the best possible chance of success.Invoices with Trade/Settlement Discounts.
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