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Old AAT but want to do ICB

  • 2 posts
  • # 122126

Afternoon all.

I am looking at doing the ICB as a bit of a refresher and so I can hopefully start my own book keeping business to earn a few extra pennies. I am also looking at helping with the books with a charity I volunteer for.

I past my AAT (lvl4) way back in 2001 so I assume I will have to start from scratch? I work in purchase ledger, but also do month end etc. 

To be honest I think I quiet like the idea of starting again as I'm sure lots has changed, especially on the HMRC side!

Can anyone advise?

Thanks

  • 2 posts
  • # 122127

SharonC74 said:

Afternoon all.

I am looking at doing the ICB as a bit of a refresher and so I can hopefully start my own book keeping business to earn a few extra pennies. I am also looking at helping with the books with a charity I volunteer for.

I past my AAT (lvl4) way back in 2001 so I assume I will have to start from scratch? I work in purchase ledger, but also do month end etc. 

To be honest I think I quiet like the idea of starting again as I'm sure lots has changed, especially on the HMRC side!

Can anyone advise?

Thanks


 

  • 11 posts
  • # 122145

Hi,

It is possible you may be eligible for exemptions based on your experience.  It is worth a conversation with the exemptions team on 0203 405 4000

More information on our exemptions route can be found: Join ICB using your AAT, ACCA qualifications (bookkeepers.org.uk)

If you did prefer to go with the study route you can self study, buying all the text books from the online shop (Shop (bookkeepers.org.uk)) or study via one of our approved Training Providers (Find a bookkeeping course (bookkeepers.org.uk)).  Exams can be taken  online 365 days a year.

If you would like more information do give us a call to discuss your options.

Lucy

ICB Director of Professional Standards

  • Practice Licence
  • 16 posts
  • # 122613

SharonC74 said:

Afternoon all.

I am looking at doing the ICB as a bit of a refresher and so I can hopefully start my own book keeping business to earn a few extra pennies. I am also looking at helping with the books with a charity I volunteer for.

I past my AAT (lvl4) way back in 2001 so I assume I will have to start from scratch? I work in purchase ledger, but also do month end etc. 

To be honest I think I quiet like the idea of starting again as I'm sure lots has changed, especially on the HMRC side!

Can anyone advise?

Thanks


 Hi Sharon

I did exactly that, quite a few years ago, mind you, but felt that as I was in practice and not employment that the ICB was the better Practice License supported for me and my needs. 

If you've been working in the industry since you qualified, even a little, and bearing in mind I'd speak with the exemptions team first, then sign up for a student licence and try out their mock exams first. If you feel confident enough that your experience is enough to pass the exam then I'd just go for it, they're not hugely expensive, It's when you get to the higher levels, or are dealing with something you've never worked in before, like payroll or self assessment, for example that it's then worth looking at self study or going through one of the schools. As a compay we've used both Ideal Schools and Training Link and found the support from Ideal Schools the best.

Good luck with your goal

Kim

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