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IAB Payroll for Business Award Level 3

Interested in a career in payroll?
Looking for a qualification that will give you the edge in the competitive job market of today? The Level 3 Award in Payroll for Business qualification has been designed to appeal to learners:
• who wish to further their studies of payroll and gain a qualification at level 2 of the regulated qualification framework, either from a point of no previous knowledge, or having already achieved the IAB Level 1 Award in Payroll for Business
• who already have some practical knowledge and skills and wish to gain an accredited qualification in the subject of payroll
• who are considering a career as a self-employed practitioner and businesses owners who would like to be actively involved in the gathering and processing of payroll data and keeping of payroll records for their business.

The Level 3 Award in Payroll for Business qualification aims to provide learners with a comprehensive range of knowledge and the practical skills that they will be able to use as a payroll processor for a variety of businesses.

On successful completion of the qualification the learner will have the knowledge and skills to:
• Accurately process the payroll under Real Time Information (RTI) regulations
• Keep accurate payroll records keeping; giving the learner the necessary skills to record financial payroll transactions in a both a manual and computerised environment
• Assess their own competence in carrying out a range of day-to-day payroll routines and activities in both manual and computerised payroll system. The activities will include the calculation of pay data and processing of that data using day-to-day payroll processing skills.
• Assess the implications when accuracy is not maintained
• Understand the importance of security and confidentiality in performing all payroll task

Course Info

Level
Level 3 - Advanced
Subject Area
Business & Professional
Course Type
Adult Part-Time
Location
Matthew Boulton College
Course Length
12 weeks

Entry Requirements

Level 2 Award in Payroll. However, having previous experience in working in payroll will give an applicant an advantage but all applicants will also be expected to complete online assessments in both numeracy and literacy prior to starting their studies in this subject area.

Delivery and Assessment

There will be a mix of knowledge tests and examinations.

Progression

Holders of the Level 3 Award in Payroll for Business qualification may progress to another qualification at: Level 4 carrying with them credits for units achieved to expand their knowledge and skills in the subject area. A higher level, thereby developing their knowledge and skills in the subject area. Or alternatively, students may wish to complete the AAT Accounting Qualifications.