This course aims to give students the necessary underpinning knowledge and skills to assess their own competence and understanding in carrying out a range of day-to-day bookkeeping routines and activities using either a manual or computerised double-entry bookkeeping system. The underpinning knowledge gained from this qualification will enhance a candidates understanding of a computerised bookkeeping system based on double-entry. The activities will include entry of business transactions into the double-entry ledger system, and further routine bookkeeping tasks. It covers units that include: principles of recording and processing financial transactions, principles of VAT, banking procedures, preparing and recording financial documentation, maintaining petty cash records, maintaining and reconciling the cash book. After the completion of this course students may progress to IAB Level 3 Award in Computerised Bookkeeping or IAB Level 3 Certificate in Manual Bookkeeping.