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Is ICB a recognised qualification ?

  • 28 posts
  • # 102976

I have come across the following website. 'The Register of Regulated Qualifications', which is a database of organisations recognised by Ofqual.

 

http://register.ofqual.gov.uk/Qualification

 

if you click on the organisation tab it gives a list of organisations. The ICB is NOT on this list, though the IAB is.

 

I wonder what this means that the ICB qualifications are any use apart from self employment, and is there any reason it is not on the qualifications register?

 

Regards

 

Mike

  • Associate
  • Practice Licence
  • 495 posts
  • # 102982

The ICB is a global 'brand' whos structure is aimed at creating the most highly qualified bookkeepers.  The expected learning methods are pricipally based around inexpensive home learning (college/day release courses cost vastly more).  Apparently this does reflect on the Ofqual status as they required a more college lead approach, that and our exam levels don't exactly match the 'competitions' so it is harder to be directly compared... that is my understanding of the ICB's choice not to apply for Ofqual status.  They didn't like the hoops one had to jump through or the enforced allignment of syllibii.  I might not be entirely correct, I'm sure others will correct me in that case Smile

While it is true that at the moment there are a high percentage of members in self employment there is a growing market in the PAYE sector and we were informed at the ICB conference last month, of an initiative currently in the pipeline to get one of the specialist financial empoyment agencies to recognise out acreditations and become a more direct conduit to market for our members.

Hopefully that answers your questions.  If it rasies more, keep asking!

Theresa

  • Member
  • 257 posts
  • # 102984

Mike Foster in one of his forum posts mentioned negotiations with Hays Recruitment.

Have a look at this post (from mid Oct) :-

http://www.bookkeepers.org.uk/forum/?tid=88752&s=Hays-Recruitment-Partnership

 

Mike also said he hoped the next newsletter would hopefully sent out the following week !!!!!

There were  also other posts on qualification recognition but cant find them at the moment.

 

Regards

Trevor

 

PS - Anyone seen or heard from Mike !!!

  • 28 posts
  • # 102995

Thank you for your replies. I now understand why the ICB is not on the offqual site. I hope my original post has not caused confusion for anyone else who was thinking of joining the ICB.

 

Regards

 

Mike

  • Fellow
  • Practice Licence
  • 1073 posts
  • # 103016

Hi Mike 

 

I notice in 2011 you were thinking of joining the ICB.  I take it you joined the IAB or something similiar. We all work together so I hope every thing is going well for you and you managed to find a qualification that suited you.

"I am unemployed at the moment and looking to doing a book keeping qualification to improve my employment chances. However as you can both appreciate the costs of courses are quite restrictive and I am trying to do the basics on my own. Then I hope to join the ICB."

ICB is not on offqual.  Most members do know this as it is discussed at the summits and we have certainly discussed it many times in the Scottish Branch.

 


  • 28 posts
  • # 103023

Hi Sarah

Yes, I was thinking of joining the ICB. unfortunately due to financial constraints I had to put it off. Though I have not giving up on the idea in the future.

I am still keeping my hand in by practicing with the study books I had orginially. I have noticed that the syllabus has changed, but with what I can already learn from my current books I feel that there will not be too much a difficulty in adapting to the new syllabus.

In the new year I am planning to contact the ICB and find out more about joining as a studnet under the new syllabus.

 

Regards

Mike

  • Fellow
  • Practice Licence
  • 1073 posts
  • # 103076

Hi Mike 

I am not sure where you are based but they are lot of grants around for example mature students and in Scotland some of the councils provide learning grants.

  I am not sure if you are still unemployed but I notice it mentions on the Website there is 25% I think off fees if you are on benefits.  I am not 100% on this as I am no longer studing so I do not keep up to date with that side. 

Even just to help with your decision if you ring them directly.   Regardless of what body you decide to join ,  I personally think for work and going forward education is the way to go.   I am alwalys doing courses every year and I am a fellow. 

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