IAAP Digital Accounting Award
For those who do not have a finance background.
1. Overview
This Entry Level qualification is designed for those individuals who do not have a finance background and are therefore unfamiliar with accounting terminology, types of business entities, business document types, etc. The Entry Level qualification will therefore introduce learners to the world of finance and basic data input into the Xero Accounts software.
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.
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 assist in 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:
2. Entry Requirements & Prerequisites
Other than an interest in finance, there are no prerequisites for this Entry Level qualification. Learners from a finance background or with some accounting knowledge can fast-track to the Intermediate Level qualification without undertaking the Entry Level qualification.
3. Progression
On successfully completing the IAAP Digital Accounting Award qualification, learners can progress to the IAAP Digital Accounting Certificate qualification and later to IAAP Digital Accounting Diploma qualification. Achievement of the Diploma 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 Diploma will also be in a position to set up their own accountancy and bookkeeping practice.
4. Qualification Syllabus
Unit 1 – Introduction to Finance
Unit 2 – Introduction to Xero Accounts
Unit 3 – Working with Customers in Xero
Unit 4 – Working with Suppliers in Xero
Unit 5 – Recording Bank Transactions in Xero
Unit 6 – Recording Cash Transactions in Xero
Unit 7 – Xero Management Reports
5. Assessment
Learners will be assessed continuously throughout the course programme. The Entry Level qualification consists of seven 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 Award 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 seven of the Skills and Knowledge tests, and 3. Successfully completing the final summative assessment and achieving a set standard.
Choose your Learning Style
We currently have the In-Person 3 Day Training Plus Exam Available; Online Training to be Introduced shortly.
ONLINE with email Support
£750.00
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
£999.00
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
£1,950.00
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