LCCI International Qualifications 
 
level 1 Certificate in Book-Keeping  

Syllabus  

1.      The Accounting Equation and the basis of double-entry book-keeping  
2.      Recording transactions through double entry  
3.      Balancing accounts  
4.      Purchases/Sales/Returns  
5.      The Ledger: its subdivision  
6.      Day Books   
7.      Bank facilities/methods of payment or receipt of money  
8.      Cash Book and cash discount  
9.      Bank reconciliation  
 10.    Petty Cash Book and the Imprest System  
 11.    Trial Balance  
 12.    Adjusting for accruals and prepayments in the final accounts  
 13.    Depreciation of fixed assets  
 14.    The entries relating to bad debts  
 15.    The Journal  
 16.    Capital and revenue expenditure  
 17.    Errors in the accounts and their correction  
 18.    Effect of Profit (or Loss) and drawings upon capital  
 19.    Trading and Profit and Loss Accounts  
 20.    The Balance Sheet  
 21.    Control Accounts – an introduction  

  

ASSESSMENT  

  
Examination Format    

•    The time allowance for the examination is 2.5 hours 
  
•    There will be 4 questions on the examination paper  
  
•    All of the questions will be compulsory  
  
•    Each question will carry equal marks  
  

  
Certification    

Successful candidates willbe awarded the Level 1 Certificate in Book-keeping based  
on the achievement of the percentages and grades below.  

 Pass                                         50%  

Merit                                          60%  

Distinction                                75%  


(Source: EDI)