VRQ - Vocationally-Related Qualification
For information on the approval of qualifications for funding in England, Wales and Northern Ireland, see the links to DCSF, DIUS, DCELLS, DELNI and DENI below.
When undertaking a qualification that does not appear on the governments' lists as eligible for funding for specific age ranges, users must be aware of legal requirements. Not all qualifications are suitable for all age ranges.
The qualification has been designed to provide the essential knowledge, understanding and skills required to complement and enable candidates to progress to other related qualifications at Level 3 of the National Qualifications Framework.
The qualification will provide a basis for progression to the study of the IAB Level 2
Certificate in Computerised Book-keeping and the IAB Level 3 Diploma in Accounting and
Advanced Book-keeping. It will also provide progression to the NVQ in Accounting at Level 3 with
a small number of aspects of Unit 7 of the National Occupational Standards also being covered.
It will also provide progression to GCSE level in Accounting and related units in the General Vocational Certificate of Education (GVCE) qualifications.
All Learning Outcomes will be assessed through an externally set and marked examination lasting two hours, consisting of a series of four hand-written tasks. The examination will build on the candidates’ book-keeping knowledge and will assess the candidate’s ability in relation to the Learning Outcomes. Candidates will be required to carry out the tasks accurately and in keeping with current book-keeping and accounting concepts and practice.
This is a single Unit qualification.