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
The following resources are included in the module fee:
- Dedicated tutor for each module (available 7 days a week)
- CLC / SQA Understanding Accounting Procedures Manual
- Access to the eLibrary (100s of books to support your studies)
- Live topic webinars (all webinars are recorded and made available on the VLE)
- Live revision webinars (all webinars are recorded and made available on the VLE)
- Forums where you can raise questions and discuss issues with the tutor team and other students
- Practice papers, mock exams, revision notes and revision activities
- Video lectures on every subject area
- Quizzes, Flashcards and other interactive activities
What is it like to study at Access Law?
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.
Pay by: One-off payment
You can make a one-off payment online by credit/debit card (MasterCard, Visa or AMEX) or via Paypal, Apple Pay, Google Pay and more.
You can also pay by cheque or direct bank transfer. Please contact firstname.lastname@example.org to request our bank details. Cheques and direct payments should be in pounds sterling (GDP) drawn on a UK bank and made payable to Access Law Online Ltd.
Pay by: Monthly payments
You can pay your fees for each module on a monthly instalment plan. Collection fees apply. The collection fee varies depending on whether you pay paying by 3, 5 or 12 monthly instalments.
Pay by: Sponsoring organisation
A third party (such as an employer) who is paying either all or part of your fees and agrees to be invoiced for fees should complete our Sponsorship Agreement Form. This must be done before the programme is commenced. You will receive notification by email confirming when your sponsorship agreement has been confirmed and you are able to log onto our virtual learning environment (VLE).
Your sponsor must sign the sponsorship agreement form. You cannot sign it yourself.
Once a sponsorship agreement has been accepted by us, and your employer has been invoiced, your sponsoring organisation will have 30 days from the invoice date to pay the invoice, which will not affect your ability to commence your programme.
If the sponsorship agreement does not cover the full amount of fees due, you may the pay the balance by contacting our finance team.
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 apply for assessment at any time.
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 email@example.com:
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.