ICB Level 2 Certificate in Bookkeeping Syllabus
Learn the fundamental principles of single and double-entry bookkeeping, and gain an understanding of how to apply these skills, whether working with a manual or computerised bookkeeping system.
Gain essential knowledge and practical skills that can be applied across a wide range of industries and sectors, including sales, marketing, retail and manufacturing.
Learn relevant knowledge, skills and experience that can be applied whether working in an employed or self-employed capacity.
Discover how to apply postings from books of prime entry, how to transfer postings from source documents to ledger accounts, and how to produce an initial trial balance.
Learn how to set up a computerised bookkeeping system within almost any kind of business model.
Discover how to enter all financial transactions and understand how to use all the available and relevant information to produce accurate and up-to-date reports.
What are the ICB Level 2 Certificate in Bookkeeping course modules?
Units of study:
- Underpinning Knowledge
- Business Documents
- Ledger accounts and the division of the ledger
- Books of prime entry
- Accounting for VAT
- Making and receiving payments
- Trial Balance
- Use a computerised accounts package
- Underpinning Knowledge
- Understand the importance of adhering to a code of Professional Ethics
- Understand the basic differences between the structures of different types of businesses.
- Understand the importance of legislation that applies to bookkeepers
- Understand the basic elements of a contract
- Understand the Accounting Equation
- Understand the concept of reporting cash for income tax purposes
- Identify the various methods of payments and receipts to and from a bank account
- Understand the need for bank security
- Understand the basic accounting concepts
- Business Documents
- Understand the purpose and range of business documents.
- Understand the need to prepare business documents for goods supplied
- Understand the need to check business documents received
- Ledger accounts and the division of the ledger
- Understand the purpose of, and make entries into, the ledger accounts
- Use a set of control accounts in the ledgers
- Books of prime entry
- Understand the purpose of, and make entries into, the books of prime entry
- Accounting for VAT
- Understand the process of dealing with and accounting for VAT in the ledgers.
- Making and receiving payments
- Understand the use of an analysed cash book
- Understand the purpose and need to record petty cash
- Understand the purpose and use of the two and three column cash books
- Trial Balance
- Understand the purpose and use of the trial balance.
- Use a computerised accounts package
- Health and Safety
- Business Set Up
- Processing Nominal Ledger and Subsidiary Ledger Accounts
- Generate reports
ICB Level 2 Certificate in Bookkeeping Exam Details
You will need to complete an exam to receive your ICB Level 2 Certificate in Bookkeeping.
The exam will comprise three online assessments, which should be completed in a specified order. Upon completion of the three online assessments, you are then qualified to work as an employed Assistant Bookkeeper.