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Sage IAB Computerised Accounting for Business Level 2 – Associate Level

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What is the Sage IAB Computerised Accounting for Business Level 2 course?
The Sage IAB Level 2 course will provide you with the knowledge that will expand your knowledge of accounting and bookkeeping processes for business. The qualification will give you the professional recognition you need to understand financial record keeping using the Sage accounting software and the fundamentals of a double-entry bookkeeping system.
Is the Sage IAB Level 2 online course right for me?
The Sage IAB Level 2 online course is suitable for you if you are:
Anyone who has done the Sage IAB Level 1 qualification
Owners of businesses who wish to prepare their own accounts
A current accountant or bookkeeper who is looking to get recognition for further development
What are the Sage IAB Level 2 online course modules?
Principles of Computerised Accounting, Ethics and VAT
Financial Services and Payment Methods
Basic Principles of Costing
Use a Computerised Accounting System
Sage IAB Exams
The exams are included within this package and can be taken online at any time that is convenient to you. The exam will prove your knowledge and ability in carrying out the tasks learned in the course, and once you have passed the exam you will become a globally recognised bookkeeper to the level that is relevant to your course. The Sage IAB Level 2 course is perfect as a stepping stone to higher qualifications and further development.
The qualification is made up of three Online Knowledge Tests which are a series of independent short answers, multiple choice, gap fill or true/false questions. They are assessed via IABOnline and are open book. These can be taken in class or at home. There is also one Assignment which can be taken in class or at home. They are short case study type questions with several tasks for each case study.
Ethical bookkeeping
Maintaining a healthy and safe working environment
Understand the requirements of the money laundering regulations
Basics of computerised accounting system
Terms used in accounting
Source documents
Basics of the VAT system
HMRC VAT rules
VAT accounts and the VAT return
Banks and building societies
Understand how businesses use financial services
Appropriate payment methods
Security measures and procedures for the safe-keeping of cash
Cost accounting
Recognise the component parts of a cost recording system
Set up a computerised accounting system
Generating and use of source documents
Accounting for cash sales and sundry income
Processing payments, suppliers and customers
Petty cash transactions
Reconciling the bank balance
Preparing and posting journal entries
Generating reports
Dual certification from Sage and IAB, with the opportunity to register as an IAB member
Learn from industry leaders
Build on the foundational knowledge you already have
Do your own accounts as a business owner
Become a globally recognised and in-demand bookkeeper
Exam fees and two retakes are included in the course

Course Details

Qualification = Professional or Industry specific qualification

Awarding body = International Association of Book-Keepers

Location = online

Duration = Self paced

Access = 12 months

1 review for Sage IAB Computerised Accounting for Business Level 2 – Associate Level

  1. Terence

    Although I haven’t completed this course yet, I’ve taken courses previously from this instructor and each of them have been great. I’m sure this course will also be great!

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