Practical vocational qualifications that lead to ICB membership and professional status

You can take assessments as soon as you register as a student. To achieve ICB qualifications you need to complete the following assessments in order.

Core Qualifications

Title

Code

Type

Level II Certificate in Bookkeeping

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 numeracy.

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

 Level 2 Certificate in Bookkeeping syllabus

B1
B2
B3
3 x online assessments
Level III Certificate in Bookkeeping and Accounts

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

 Level 3 Certificate in Bookkeeping & Accounts syllabus

BA4
BA5
BA6
BA7
3 x online assessments
1 x centre-based assessment
Level IV Certificate in Advanced Bookkeeping and Accounts

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 bookkeeperproducing 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 

 Level 4 Certificate in Advanced Bookkeeping & Accounts syllabus

ABA8
ABA9
1 x online assessment
1 x centre-based assessment

Optional Qualifications

You can choose from our suite of add-on qualifications that run alongside the core bookkeeping qualifications.  Although these are not usually membership correlative you may need to pass other qualifications before you can attempt them.  

Title

Code

Type

Level III Diploma in Payroll Management

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

1 home-based, timed, online assessment. Time allowed for completion: 24 hours. 

Availability

Immediate in every week of the year

Syllabus

P3 1 x online assessment
Level III Diploma in Self Assessment Tax

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

1 home-based, timed, online assessment.  Time allowed for completion: 48 hours. 

Availability

Immediate in every week of the year

Syllabus

SAT3 1 x online assessment
Level III Diploma in Costing and Budgeting

This qualification is aimed at those who have completed at least the Level III Certificate in Bookkeeping and Accounts and who wish to understand in more detail the how a business needs to carefully analyse its costs and income, plus being able to produce budgets.

This Diploma will also lead quite smoothly into the Management Accounting Unit at Level IV which deals with similar topics but at a much more detailed level, and which is aimed at larger businesses which might require cost and budgeting information in more complex format. From 1 January 2017 this Level III Diploma will be a compulsory pre-requisite those wishing to take the Level IV Management Accounting module.

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

1 home-based, timed, online assessment. Time allowed for completion: 24 hours. 

Availability

Immediate in every week of the year

Syllabus

L3CB 1 x online assessment

Level IV Diploma in Advanced Bookkeeping and Accounting 

Having completed all the qualifications up to this point you can start ICB's highest level qualification. Choose between these Level IV units or complete any four units to be awarded the full Diploma.

There are currently three modules available. More will be added shortly.

This qualification is not membership correlative.

Title

Code

Type

Level IV Certificate in Preparing and Submitting Final Accounts for a micro-entity under FRS105

This unit comprises 

Preparing and submitting final accounts for a micro-entity under FRS105 

Preparing taxation calculations 

Preparing capital gains tax calculations

Calculating and interpreting ratios 

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

FR105 1 x online assessment
Level IV Certificate in Drafting Financial Statements

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

L4DFS 1 x online assessment
Level IV Certificate in Management Accounting

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

L4MA 1 x online assessment
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