In partnership with UKOC
All courses can be enrolled onto at anytime of the year without any restrictions and completed entirely from home at your own pace. Courses come complete with everything you require to complete including One years ICB membership, exam fees and assignment assessment.
Choose from two different courses: The ICB Bookkeeping level one course will give you a general introduction into bookkeeping right from the very basics and presumes no prior knowledge at all. We also provide an ICB level two course which will take students students a little further in depth than the level one course to an intermediate level. Students can take one course at a time or choose to combine levels at a reduced cost.
Please be advised if you choose a combination course that you still need to complete within a year of registration to avoid any additional fees.
ICB courses include one years ICB student membership and exam fees. Membership is arranged by our admin team and exams are advised by the tutors as and when they feel the student is at the required standard. ICB student membership is required to be able to take examination.
Students can complete at their own pace to a maximum of one year for completion. Choose the course to suit your personal requirements and you can enrol, register and make payment online. Alternatively you can call our office where one of our support team will be more than happy to take your details .Once enrolled you will be posted your course materials within seven days.
Take the first steps into a rewarding career!
There are no previous skills or qualifications required to register for this course. Ideal for total beginners.
This course consists of eight units in total. Assignments are to be completed at the end of each one.
- An Introduction to VAT
- Books of Original Entry
- Ledger Accounts
- Bank Reconciliation
- Trial Balance
- Business Documents
- Security of Data
The course consists of the following nine modules:
Starting up a business
Bookkeeping and bookkeepers
Reasons for keeping records
The principles of double entry bookkeeping
Types of accounts
Profit and loss, balance sheet and cash flow
Getting used to debits and credits
An introduction to VAT
What is VAT?
Input and output tax
Registering a business for VAT #
Records that need to be kept
VAT account #
How to calculate VAT at 17.5%
How to calculate vat at reduced rate of 5%
Showing VAT on invoices
Example VAT invoice layout
Books of original entry
What are the books of original entry?
How are the books of original entry used?
Source documents for the books of original entry
Sales day book
Purchases day book
Returns inward day book
Returns outward day book
Balancing the cash book
Setting up a two column cash book
Petty cash and the imprest system
The general journal
Making opening entries in the general journal
The purchases of fixed assets in the journal
The correction of errors in the journal
The terms creditors and debtors explained
The purpose of ledger accounts
The sales ledger
The purchase ledger
The general ledger
Capital expenditure and revenue expenditure
Nominal, real and personal accounts
Make opening entries in the ledger accounts
Posting to the ledger accounts
Calculating and recording the balances in the ledger accounts
How to balance ledger accounts
Writing off bad debts
Checking the bank statement against the cash book
Creating the bank reconciliation statement
Updating the cashbook
What is a trial balance?
Why you need to perform a trial balance
Examples of debit balances and credit balances
Errors in the trial balance
Types of errors that the trial balance does not disclose
Actions to take to correct errors
Setting up business documents
Producing business documents
A sample VAT sales invoice
A sample credit note
A sample customer statement of account
The data protection act
Sale of goods
Banking: functions and services
Business current account
Paying in slips
Bank giro credits/credit transfer
End of course exercises
Post opening balances
Post details to the cash book
Post sales and purchase invoices to the sales and purchase day books
Post petty cash expenses to the petty cash book
Balance the day books and post balances to the ledgers
Prepare the VAT account
Balance off the ledger accounts and extract a trial balance
What qualification is awarded upon completion?
Every successful student will be awarded the Level 1 Bookkeeping Certificate ICB
How long will this course take to complete and do I have to complete within a certain time?
Students can register for this course at any time. Average completion time is approximately 60 hours overall. Students have one year to complete from the date of registration
What is included in the price of my course?
Study Pack. Study notes to accompany each unit of the course. Self Assessment Activities Assignments Tutor support Assignment Marking and Feedback
What if I need to ask a question relating to my course?
All students registered for this course will be assigned a personal tutor whom they may contact during working hours. Details of who your tutor is and how to contact them will be in your study pack.
How is my Coursework assessed?
All assignments will be submitted to your personal tutor on a regular basis as you progress through your course. A report along with any relevant comments will be returned to you.
What is the potential for earnings once I qualify?
Qualified bookkeepers are now commanding in the region of £18.000 - £22.000 Per Annum in employed positions. As a self employed bookkeeper you will be able to charge small businesses between £12.00 - £20.00 per hour for your services