ICB Level II - Manual Bookkeeping BBS203
Description
Expand your bookkeeping skills and knowledge to a higher level. Learn how to prepare final accounts for a sole trader and more in depth bookkeeping tasks. Use this course to progress to the ICB Level II Computerised Bookkeeping.The Level II Certificate in Manual bookkeeping is an extension of the ICB Level I Certificate.
Aim of the course is to help those students who want to develop their bookkeeping skills and qualifications to a higher level. Any student who continues on to achieve a Level II qualification will gain ICB membership at the Associate level (AICB), with membership at Member Level (MICB) attained after subsequent completion of a Level III qualification. Associate Membership i…
Frequently asked questions
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The Level II Certificate in Manual bookkeeping is an extension
of the ICB Level I Certificate.
Aim of the course is to help those students who want to develop
their bookkeeping skills and qualifications to a higher level. Any
student who continues on to achieve a Level II qualification will
gain ICB membership at the Associate level (AICB), with membership
at Member Level (MICB) attained after subsequent completion of a
Level III qualification. Associate Membership is the minimum
requirement for the Practice Licence. Any student who has passed
examinations, but not achieved Associate Membership, will be
offered by ICB membership at the interim grade of Affiliate
Member.
Prerequisites
ICB Level 1 Basic Bookkeeping Certificate or equivalent.
Benefits of this course
Learn how to prepare final accounts for a sole trader and more in
depth bookkeeping tasks are covered in this course.
Course Structure Level II consists of a total of 6 lessons, and
focuses mainly on the preparation of final accounts for a sole
trader.
You can enrol, start and finish at any time – it is all self
paced. You have unlimited access to your tutor right from the
beginning. Everything is provided: course material, practice exams,
membership fee (if applicable) and exam fees. Our all inclusive
tuition fee allows you to stay focused on preparing for the ICB
exam.
Tuition cost: £255 and includes
- Course lessons
- assignments
- Exam practice
- ICB Mock Exam
- Access to our Student Learning Resources centre
- Unlimited Tutor support – vital to your success
- ICB exam fee: £55
- Postage and packaging
- Student Registration fee £25
There are no hidden costs.
An extra fee of £35 does apply where a students wishes to receive
the course material in printed format only. This covers the cost of
printing, binding and postage.
Examinations
Level II Certificate in Manual Bookkeeping and the Diploma in
Manual bookkeeping are Centre-Based. All candidates including
overseas students will be able to choose from a network of 5,200
centres worldwide. The examinations will be \'on demand\' and
students will choose a date and time convenient to them according
to availability at their nominated centre.
Overseas Examination
All of the Institutes examinations can be completed abroad. Online
examinations can be completed anywhere in the world on a computer
with an internet connection.
The examinations which are issued by post (Computerised
Bookkeeping, Payroll, Self Assessment) can be emailed to overseas
students for completion and subsequent return by email. Overseas
students are asked to specifically request an emailed paper version
when applying.
There are six (6) lessons as follows:
General Journal- Set up and use a general journal
- Understand the appropriate ways of closing ledger accounts at the end of an accounting period.
- Prepare a Profit and Loss statement.
- Understand how the profit report is prepared using the balances of the revenue and expenses accounts which are transferred to the Profit and Loss account.
- Determine appropriate approaches to depreciation of non-current assets.
- Depreciation is the allocation of the cost of a non-current asset to the accounting period in which it helps to earn revenue.
- Understand the \'accrual\' and \'cash\' basis of accounting
- Understand the matching process
- Undestand the need for balance day adjustments.
- Understand the cash cycle,
- Understnd the need for control over cash ,
- Understandhe various methods used in controlling cash,
- Understand the need for the bank reconciliation processes
- Learn how to maintain and operate a petty cash system.
- A budget is a financial plan of action. A cash budget sets out the cash inflows and cash outflows which a business needs to undertake in order to achieve its financial goals.
- Budgeting is a vital part of the business decision-making process.
Each lesson culminates in an assignment which is submitted to ADL,
marked by the academy\'s tutors and returned to you with any
relevant suggestions, comments, and if necessary, extra reading.
Students have unlimited tutor support.
Upon completion of Level II Certificate in Manual Bookkeeping
students may proceed to Level II Certificate in Computerised
Bookkeeping
The course may be purchased as an individual stand alone course or
as a combination package providing savings in tuition fee.
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