Entry requirements
You should be competent in numeracy and communication at SCQF Level 5, or have similar qualifications/experience.
Why take this course?
This Unit is designed to provide you with the necessary skills to record financial transactions, whilst developing your book-keeping abilities.
For further information on this course, please visit the SQA website.
Credit points and level: 1 HN credit at SCQF level 6: (8 SCQF credit points at SCQF level 6)
What you will experience
You will explore book-keeping and the UK VAT scheme, whilst developing a good understanding of the basic principles of double entry book-keeping through introducing you to the books of original entry. You will then carry out double entry by posting transactions to the ledger accounts for assets, liabilities, income and expenses and use balances from these to prepare a trial balance. The Unit will also help you understand the principles of the UK VAT scheme and how to complete a basic VAT return form. Each of these areas is the subject of a separate outcome:
- Record sole trader business transactions in books of original entry
- Post business transactions to ledger accounts using the principles of double entry book-keeping and prepare a trial balance.
- Complete a VAT return
This Unit is assessed through three separate assessments. In order to complete the unit successfully, you will be required to perform at a satisfactory level in all assessed work.
Key Facts
Everything you need to know before applying to this course.
Additional costs
This course involves an additional SQA fee. Please see our Courses Explained page for further information on costs.
Fees
Please note that fee waivers may apply.
Fee Waiver (Remission of Fees)
Your course may be free if you are not a full time student with NESCol and you are : in receipt of benefits; or care-experienced; or your household taxable income falls below defined levels.
Student Stories
Rebekka McLaughlin
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“I’ve had such a positive experience with the College and can’t recommend the workplace learning route highly enough. I think it’s important to recognise that there are various routes to achieving qualifications and this was the right path for me.”
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Katelyn Louise Share
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“My daughter is so proud of me. I’m doing it for her – to show her if you want it, you can do it now for tomorrow.”
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Drew Smith
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“If you’re not too sure about what you want to do, then I would definitely recommend a Foundation Apprenticeship because it gives you an insight into working while you’re still studying.”
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“I feel confident moving forward as the experience of a Modern Apprenticeship and the skills I have managed to develop stand as a strong base structure for the rest of my career.”
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Abby Grant
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“For anyone considering studying Accounting at NESCol, I would say it will definitely set you up and give you the right foundation for progressing on to a career in accountancy. I feel the skills I learned at college have been very beneficial in the work I am doing today. I use my knowledge gained at college of accounting principles and taxation every day.”
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Ami Batchelor
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“This course will benefit you in more ways than one and the lecturers are some of the best people you’ll get to meet.”
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Lewis Gordon
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“This vocational route has allowed me to get a good balance between work and my social life, and have healthy finances!”
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Nicole Faulkner
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“College really helped me bridge the gap between being in relatively small classes at school and being in huge lectures at university.”
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Kieran & Mykaela Alexander
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“The lecturers on the course were just brilliant and had so much valuable knowledge and experience to pass on.”
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Applications
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Distance Learning courses have flexible start dates and applications will be considered at all points of the year.
For non-Scottish residents – the College will confirm fees payable for your chosen course on booking and these may differ from the advertised fee.
If you take up a place on a College course, at the start of the course you will be asked to complete an enrolment form. In completing the form and/or taking up a place on a College course, you will enter into a contract with the College and be bound by the North East Scotland College Standard Terms and Conditions of Study. Copies of the Terms and Conditions are available for inspection on notice boards and at various locations throughout the College, at the College Reception, on the College website: nescol.ac.uk, or can be obtained on request from the Student Funding and Admissions Manager, North East Scotland College, Aberdeen City Campus, Gallowgate, Aberdeen AB25 1BN. Please note that courses are offered subject to (a) there being sufficient numbers of enrolments and (b) the availability of resources. The College reserves its right (i) not to run courses where the number of students is considered insufficient or where resources are unavailable and (ii) in certain circumstances, to refuse admission to an individual applicant.
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