IAAP Digital Accounting Certificate
This Intermediate Level qualification is suitable for those individuals who have a finance background or who have some working knowledge of Xero Accounts software.
1. Overview
This Intermediate Level qualification is available to learners who have completed the entry level IAAP Digital Accounting Award qualification or who already possess some finance knowledge. The entry level qualification is therefore not a prerequisite for the Intermediate Level qualification.
The training material is designed and presented by qualified accountants who are quickly able to impart their practical knowledge and skills to the delegates thereby genuinely enhancing their career prospects.
The main focus of the Intermediate Level qualification is to equip learners with double entry bookkeeping knowledge and to make them proficient users of the increasingly popular Xero cloud accounting software.
The Intermediate Level qualification will provide a thorough grounding in accounting concepts and the Xero Accounts software. Learners will therefore not only be able to work with Xero software but also understand the double entry undertaken by the software. Learners will be able to maintain accounts for a sole trader business, carry out reconciliations and prepare various management reports.
As the qualification has been developed in conjunction with employers, accountancy practices, business owner-managers and training providers, it is very practical and hands-on. Learners will require use of the Xero Accounts software for the duration of the qualification as they will be processing a range of accounting transactions on the Xero software. 24/7 access to the Xero software for the duration of the course will be included in the course fees.
The qualification will provide learners with the required knowledge, skills and competencies in order to manage the finance function of a business that uses Xero Accounts software.
As such, on successful completion of the qualification, learners will be in a position to apply for a variety of occupations including:
Accountant
Bookkeeper
Finance Assistant
Assistant Financial Accountant
Assistant Financial Controller
Assistant Management Accountant
Finance Officer
Management Accountant
Cost Accountant
Accounting Technician
Accounts Administrator
Assistant Accountant
Sales Ledger Clerk
Purchase Ledger Clerk
Accounts Payable Clerk
Accounts Receivable Clerk
Credit Controller
Accounts Assistant
Additionally, the qualification is also suitable for business owners who wish to take control and manage their own business finances and for those wanting to progress to higher education.
2. Entry Requirements & Prerequisites
It will be useful if learners have achieved the IAAP Digital Accounting Award qualification. However, learners from a finance background or with some accounting knowledge will be able to fast-track to the Intermediate Level qualification without undertaking the Entry Level qualification.
3. Progression
On successfully completing the IAAP Digital Accounting Certificate qualification, learners can progress to the IAAP Digital Accounting Diploma qualification.
Achievement of the Diploma qualification will enable learners to undertake more senior financial roles and to apply for membership of the IAAP (International Association of Accounting Professionals) and use the designatory letters MIAAP.
Holders of the Level Diploma will also be in a position to set up their own accountancy and bookkeeping practice.
4. Qualification Syllabus
Unit 1 – Introduction to Double Entry Principles
Unit 2 – Principles of VAT
Unit 3 – Xero Accounts Setup
Unit 4 – Housekeeping and Error Correction in Xero
Unit 5 – Working with Customers in Xero
Unit 6 – Working with Suppliers in Xero
Unit 7 – Recording Bank Transactions in Xero
Unit 8 – Recording Cash Transactions in Xero
Unit 9 – VAT Return Processing in Xero
Unit 10 – Xero Management Reports
5. Assessment
Learners will be assessed continuously throughout the course programme. The Intermediate Level qualification consists of 10 mandatory units; learners will complete a Skills & Knowledge test (open book) at the end of each unit in order to test their understanding of the subject matter of the relevant unit.
A two hour final summative assessment will be undertaken under exam conditions which will test the learners’ practical skills. The final assessment will be a case study undertaken using the Xero software whereby the learners will assume the role of a finance officer and undertake various business transactions. Learners will be required to produce various reports as evidence of the tasks performed.
Learners successfully completing the final assessment will achieve either a Pass, Merit or Distinction; the certificate will be issued by IAAP (International Association of Accounting Professionals).
A minimum of 60% is required in the final assessment in order to achieve a Pass, 75% to achieve a Merit and 90% to achieve a Distinction.
6. Duration
The qualification can be delivered in-person in a classroom setting, online or as blended learning. It is recognised that in-person sessions are more engaging and maintain the motivation of the learners and for this reason higher success rates may be achieved by offering this option.
We are currently offering the course in-person at our training centre in west London.
With the expert guidance of a Xero Certified Advisor, the course plus examination can be completed in three days.
Ongoing support will be available via email, telephone, in-person and live online calls.
As learners will have 24/7 access to the Xero Accounts software throughout the duration of their course (as part of their course fees), they will be set regular assignments to complete in their own time in order to complement the structured training sessions.
7. Accreditation
The IAAP Digital Accounting Certificate qualification is accredited by the prestigious IAAP (International Association of Accounting Professionals) which has a global membership. As such, the qualification has to meet the high standards of the IAAP and will inevitably be highly valued by employers and the finance industry as it will demonstrate the successful learners’ competencies in the Xero Accounts software. Such skills are currently in high demand as there are over 3 million subscribers to the software; more and more employers are migrating to Xero with the demand for Xero qualified staff expected to increase further.
Accreditation will be achieved by the learner on:
1. Completing the course programme, and
2. Undertaking all 10 of the Skills and Knowledge tests, and
3. Successfully completing the final summative assessment and achieving a set standard.
Choose your plan
We currently have the In-Person 3 Day Training Plus Exam Available; Online Training to be Introduced shortly.
ONLINE WITH EMAIL SUPPORT
£1,500.00
Plus £200 Examination Fee for sitting the two hour exam at our training centre.
- Online video tutorials and assessments
- Learn at your own pace
- Email Support Only
- 30 Day Xero Access
ONLINE WITH EMAIL & TELEPHONE SUPPORT
£1,950.00
Plus £200 Examination Fee for sitting the two hour exam at our training centre.
- Online video tutorials and assessments
- Learn at your own pace
- Email & Telephone Support
- 30 Day Xero Access
IN-PERSON TRAINING AT OUR CENTRE IN EALING, LONDON
£2,750.00
Plus £100.00 for IAAP Examination Fee
- Face-to-Face Classroom Training
- In-Person Interactive Training
- Trainer-Led training to ensure you pass
- 30 Day Xero Access
- 3 Days Intensive Training Plus Revison Plus Exam