ICB Level III - Diploma in Manual Bookkeeping BBS310

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ICB Level III - Diploma in Manual Bookkeeping BBS310

Academy for Distance Learning
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Description

Develop and expand your bookkeeping skills further. Learn about partnerships, limited companies, not-for-profit making organisations and manufacturing accounts.

This course is ideal for those bookkeeping students who wish to develop and expand the skills learned in Levels I and II of Manual Bookkeeping, and to learn how to draft final accounts for different types of organisations.

This ICB recognised course is an excellent stepping stone for developing accounting skils to a higher level.

The Diploma is divided into 11 lessons, each of which covers a different topic. At this level, each lesson is is free standing and lessons can be studied in any order. Level 3 studies assume a complete knowle…

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Didn't find what you were looking for? See also: Bookkeeping, Accounting, Tax Accounting, Business Administration, and Payroll.

Develop and expand your bookkeeping skills further. Learn about partnerships, limited companies, not-for-profit making organisations and manufacturing accounts.

This course is ideal for those bookkeeping students who wish to develop and expand the skills learned in Levels I and II of Manual Bookkeeping, and to learn how to draft final accounts for different types of organisations.

This ICB recognised course is an excellent stepping stone for developing accounting skils to a higher level.

The Diploma is divided into 11 lessons, each of which covers a different topic. At this level, each lesson is is free standing and lessons can be studied in any order. Level 3 studies assume a complete knowledge and understanding of topics covered in Levels 1 & Levels II in Manual Bookkeeping.

Prerequisites

Level 2 Manual Bookkeeping Certificate (ICB) or equivalent.

Tuition cost: £245 and includes:

  • Course lessons
  • Assignments
  • Exam practice
  • Access to learning resources
  • Unlimited Tutor support ‚Äì vital to your success
  • ICB Student Registration fee £45: (inlcudes first 12 months student membership of the ICB)
  • ICB exam fee: £75

Examinations

Examinations for the Dipoloma in Manual Bookkeeping Level III are Centred Based. Students are able to choose from a network of 5,200 centres worldwide. For more information on booking a test and finding a test centre please visit the ICB webstie at:

The examinations are \'on demand\' and students will choose a date and time convenient to them and according to availability at their nominated centre.

Any student who has successfully completed at least the Level I examination will be able to book in for the Level II. Bookings for the Level III can only be accepted if the Level I and both Level II examinations have been passed.

Course Structure

There are eleven (II) lessons as follows:

Lesson 1 Final Accounts: Deals with disposal of fixed assets and the production of an extended trial balance (ETB), showing how to deal with the transfers of adjustments, the correction of errors and the calculation of adjusted profits. The unit also covers an introduction to the regulatory framework involved in accounting.

Lesson 2

Final Accounts: Looks at the compilation of a set of accounts from an incomplete set of records. It covers lost or damaged stock, unidentifiable transactions and the calculation of an estimated profit in the absence of specific documentation.

Lesson 3 Incomplete Records: Covers the development of accounts for a partnership. It covers the legal aspects of forming a partnership, how to deal with the share of profits and losses, and what is involved in the retirement or admission of a new partner.

Lesson 4

Parnerships

Lesson 5

Stock Valuation: The lesson covers stock valuation using the LIFI, FIFO, and AVCO methods.

Lesson 6

Limited Companies: The formation of a limited company, the various types of share capital, annual returns and draft of final accounts. Note: This lesson develops internal management accounts only and is not intended for those who need to produce a set of published accounts.

Lesson 7

Not- for-profit Organisations: Covers not-for-profit organisations (clubs and societies). It deals with how to account for subscriptions, how to set up trading accounts for subsidiary functions such as the running of a bar, and how to work out the surplus or deficit made in the period.

Lesson 8

Correction of Errors

Lesson 9
Extended Trial Balance

Lesson 10

Stock Valuations

Lesson 11

RATIO\'s


This course is available by CD with the material in pdf format. However, in addition to the CD, we can provide a printed copy of the study material for an additional price of £35. If you wish to take advantage of this, please select the Printed version from the drop down menu.

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