ICB Qualifications

This Certificate covers the basic principles of single and double entry bookkeeping and its application to business in both a manual and a computerised system.

Occupational Role: Assistant Bookkeeper

Upon completion of this qualification candidates will be able to carry out the role of an employed assistant bookkeeper under supervision.  They should be able to apply postings from the books of prime entry and from source documents to the ledger accounts and produce an initial trial balance. They will also be able to set up a computerised bookkeeping system, enter details of all transactions and produce reports.

Pre requisites

No prior bookkeeping knowledge is assumed at this level but candidates must have basic numerical skills.

Candidates must hold valid student registration.

Assessment Type

Three home-based timed online assessments taken in order.

Availability

Immediate in every week of the year.

> Syllabus

This Certificate covers the preparation of ledger balances, control accounts and reconciliations, adjustments and preparation of final accounts for non-incorporated businesses or organisations.

Occupational Role: Self-Employed Bookkeeper/Employed Bookkeeper

Upon completion of this qualification candidates will be able to carry out the role of an employed or self-employed bookkeeper, be able to reconcile bank statements with the ledgers, produce a VAT return, control the sales and purchases ledgers, post year-end adjustments and produce the final accounts for a sole trader, partnership and not-for-profit organisation in both a manual and a computerised system.

Pre requisites

Before commencing the study at this level the candidate should have achieved ICB Level II Certificate in Bookkeeping or its equivalent with another awarding body.

Candidates must hold valid student registration or ICB membership.

Assessment Type

Three timed home-based online assessments and one timed centre-based assessment.

Availability

Available in every week of the year.

> Syllabus

This Certificate covers the production of a set of accounts from incomplete records, advanced partnership accounts and the preparation and interpretation of internal management accounts for incorporated bodies.

Occupational Role: Self-Employed Bookkeeper/Senior Employed Bookkeeper

Upon completion of this qualification candidates will be able to carry out the role of an employed or self-employed bookkeeper, producing draft year-end accounts for limited companies and limited liability partnerships in both a manual and a computerised system within the above limitations.

Pre requisites

Before commencing study at this level the candidate should have achieved ICB Level III Certificate in Bookkeeping and Accounts or its equivalent with another awarding body.

Candidates must hold valid student registration or ICB membership. 

Assessment Type

One timed home-based online assessment and one timed centre-based assessment.

Availability

Available in every week of the year.

> Syllabus

This qualification covers the theoretical knowledge and demonstration of the use of various tables and publications issued by HMRC and the demonstration of how to carry out computerised handling of payroll related matters.

Entry-Requirements

No prior bookkeeping knowledge or qualifications are required but candidates must have basic numeracy skills.

Candidates must:

hold valid student registration or ICB membership

Assessment Type

Home-based assessment.  Two week deadline.

Availability

Immediate in every week of the year

> Syllabus

This qualification comprises both Personal and Business Taxation and relates to preparing tax computations and returns for businesses (sole trader) and individuals.

Entry-Requirements

Candidates must achieve (or gain exemptions from) the following ICB qualifications before applying:

Level II Certificate in Bookkeeping 
Level III Certificate in Bookkeeping and Accounts

Candidates must:

hold valid ICB membership or
hold valid student registration and have completed their most recent assessment within the last two years

Assessment Type

Home-based assessment.  Two week deadline.

Availability

Immediate in every week of the year

> Syllabus

This unit comprises

Monitor Financial Performance

Collecting information about costs from both internal and external sources
Monitoring performance and making recommendations to enhance value
Preparing and presenting periodic performance reports

Draft Budgets

Preparing forecasts of income and expenditure
Preparing draft budget proposals

Entry-Requirements

Candidates must achieve (or gain exemption from) the following ICB qualifications before applying: 

Level II Certificate in Bookkeeping 
Level III Certificate in Bookkeeping and Accounts
Level IV Certificate in Advanced Bookkeeping and Accounts

Candidates must also:

hold valid ICB membership or
hold valid student registration and have completed their most recent examination within the last two years

Assessment Type

Timed online test at home

Availability

Immediate in every week of the year

> Syllabus

This unit comprises

Draft Limited Company Financial Statements
Interpret Limited Company Financial Statements

Entry-Requirements

Candidates must achieve (or gain exemption from) the following ICB qualifications before applying:

Level II Certificate in Bookkeeping 
Level III Certificate in Bookkeeping and Accounts
Level IV Certificate in Advanced Bookkeeping and Accounts

Candidates must also:

hold valid ICB membership or
hold valid student registration and have completed their most recent examination within the last two years

Assessment Type

Timed online test at home

Availability

Immediate in every week of the year

> Syllabus

This unit comprises

Calculating income from Employment
Calculating Property and Investment Income
Preparing Income Tax Computations

Entry-Requirements

Candidates must achieve (or gain exemption from) the following ICB qualifications before applying:

Level II Certificate in Bookkeeping 
Level III Certificate in Bookkeeping and Accounts
Level IV Certificate in Advanced Bookkeeping and Accounts

Candidates must also:

hold valid ICB membership or
hold valid student registration and have completed their most recent examination within the last two years

Assessment Type

Timed online test at home

Availability

Immediate in every week of the year

> Syllabus

This unit comprises

Preparing Capital Allowance Computations
Computing Assessable Business Income
Preparing Corporation Tax Computations on Income and Capital Gains

Entry-Requirements

Candidates must achieve (or gain exemption from) the following ICB qualifications before applying:

Level II Certificate in Bookkeeping 
Level III Certificate in Bookkeeping and Accounts
Level IV Certificate in Advanced Bookkeeping and Accounts

Candidates must also:

hold valid ICB membership or
hold valid student registration and have completed their most recent examination within the last two years

Assessment Type

Timed online test at home

Availability

Immediate in every week of the year

> Syllabus