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Post Info TOPIC: Can you bookkeep at this level?
brooklh


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Can you bookkeep at this level?
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Hello,

I have a question regarding levels of qualifications required to do bookkeeping.

I have now got my Levels 1 and 2 Certificates in Bookkeeping. I have now commenced my Level 3 Diploma in Accounting and Advanced Bookkeeping. 

I am perplexed at the educational requirements to do bookkeeping however. I have been encouraged in many ways to go for it and take on clients now I have my Level 2 certificate but the Level 3 topics cover stock valuation, accounting for prepayments and accruals, depreciation etc. Does that mean that you do not need to bookkeep using depreciation etc.? Do small businesses just need basic bookkeeping and are they not required to account for prepayments and accruals for instance?

I will continue with the course whatever the advice but I can't understand where the cut off point is.

Leigh


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Alison


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Hi

Have you got bookkeeping experience? Would say that if so can take on clients, qualifications are an added bonus.

Would say with no experience setting up on own and gaining clients would be difficult whichever level you get up to as day to day real life bookkeeping can be completely different to the course based bookkeeping.

Would say in my experience potential clients are either interested in experience or experience and qualifications together.

With the prepayments, accruals, depreciation etc it would depend with the accountants of the clients, some this falls under the accountants remit and would be a case of treading on their territory so if you take on client and get to meet their accountants asking them at what level to go up to with that clients bookkeeping so not to cross each others remit.

Alison



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brooklh


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Posts: 35
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Thanks Alison, your reply is really helpful. I hope to meet with a local accountant soon to see if they can put some work my way so will ask the question then. 

Leigh


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