The Understanding Accounting Procedures for Conveyancing Transactions Module considers the various accounting procedures which a licensed conveyancer will encounter in a conveyancing practice. It considers the CLC's Code of Conduct and Accounts Code; how to record conveyancing transactions and prepare invoices & completion statements.
The Understanding Accounting Procedures for Conveyancing Transactions Module is divided into 9 sections:
Section 1: The Accounts Code & Guidance.
Section 2: Introduction to Accounts and Bookkeeping
Section 3: Recording Basic Transactions
Section 4: Bookkeeping Entries Relating to Clients
Section 5: Interest on Clients Money and other Bank Procedures
Section 6: Mortgages
Section 7: The Conveyancing Transaction
Section 8: Value Added Tax
Section 9: Conveyancing Statements
To apply for the Understanding Accounting Procedures for Conveyancing Transactions module, simply click "Apply Now" and complete the checkout process or complete our student enrolment form and sent it to email@example.com
Once your application has been reviewed you will be given access to the Virtual Learning Environment (VLE) to complete your student induction.
If you are a new student, you will be required to provide photographic identification as part of your application. This can be scanned and emailed to us within 14 days.
Where the module is oversubscribed, please be patient. There are assessments every March, June, September and December. As soon as space become available the application window will be reopened.
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The Level 4 Diploma is equivalent to the first year of a degree. Typically, the Level 4 Diploma should take between 12-18 months to complete but, depending on prior knowledge of the subject and your circumstances, the Level 4 Diploma could be completed in 6 months.
Where a student intends to complete the Level 4 Diploma in 12-18 months, the Understanding Accounting Procedures for Conveyancing Transactions module would usually be completed in 2-3 months. As mentioned above, this module could be completed over a longer or shorter period depending on prior knowledge of the subject and your circumstances.
ALO will tailor your module and the support offered to help you achieve your desired outcome, in your desired timeframe.
You can apply for an exemption for the Understanding Accounting Procedures for Conveyancing Transactions module where you have a similar qualification.
To apply for an exemption you will need to provide us with evidence of your prior qualification. We will map your prior learning to the learning outcomes of the Understanding Accounting Procedures for Conveyancing Transactions module and confirm whether you are eligible for an exemption.
Students transitioning from an external qualification to SQA must achieve at least one module without exemption to be awarded an SQA Diploma.
This module is assessed by way of written examination which is sat at the end of the module.
You can enhance your training to qualify as a Registered Conveyancing Technician. To qualify, 6 months work experience must be undertaken combined with completion of the Level 4 Diploma in Conveyancing Law and Practice (or equivalent if applying for exemptions).
To qualify you must submit to firstname.lastname@example.org:
1. an application form, including your statement of relevant work experience
2. a certified copy of photographic ID, such as a Passport or a Photographic Driving Licence; and
3. all educational certificates and transcripts.
After completing the Level 4 Diploma in Conveyancing Law and Practice, you could go on to study the Level 6 Diploma in Conveyancing Law and Practice to become a property law specialist.
With the requisite amount of practical experience you could then qualify as a Licensed Conveyancer.
With experience, you could go on to manage a conveyancing department in a large firm, or set up your own conveyancing practice.
You could also take further training to become a solicitor.