The bookkeeper's relationship with a client need not end with agreeing the final accounts. The time spent recording transactions and preparing financial statements puts the bookkeeper in a unique and valuable position to help the business identify opportunities to improve performance, profitability and cashflow.
ICB's new Business Insight certificate at Level 4 replaces the existing Management Accounting certificate to provide a qualification which delivers knowledge and skills that will enhance the relationship between the bookkeeper and the client.
This module comprises
1. Cost behaviour and analysis
2. Forecasting and budgeting
3. Performance measurement
4. Managing the cash operating cycle
5. Short-term financing decisions
6. Short-term decision making
7. Medium-term capital investment decision making
Membership Grade: Fellow*
*Upon successful completion of this qualification, together with two further Level 4 qualifications and after two years' good standing as a full ICB Member, you can apply to ICB to become a Fellow and use the designatory letters FICB. This demonstrates your advanced competency and your attainment of ICB's highest level of membership.
Candidates must achieve (or gain exemption from) the following ICB qualifications before applying:
Level 2 Certificate in Bookkeeping
Level 3 Certificate in Bookkeeping and Accounts
Candidates must also:
hold valid ICB membership or
hold valid student registration and have completed their most recent exam within the last five years
- One online exam; can be taken at home or your place of work
- Exams are available at any time of year
Registration: You must be a registered student or member to complete your exam
Exams: £85 per exam attempt. Registration required Book Online
Mocks: £15 per mock. There are two available for each exam. Registration NOT required Book Online
Training Course: Various depending on your chosen training provider. Please view our list of Accredited Training Providers
Textbooks: from £45 per unit for studying independently without a training provider COMING SOON
NB. This module supersedes the Certificate in Management Accounting.