This bookkeeping course covers the second stage in becoming ICB Certified. Increase your knowledge and at the same time your earnings potential. Level two Certification will be invaluable when searching for that new job or indeed students planning to offer a bookkeeping service to small business.

This course will take students through the Intermediate stages of becoming a fully qualified and professional bookkeeper. Bookkeeping can be a very exciting, challenging and financially rewarding career. Learn to understand how a business works on a day to day basis at the same time producing accurate figures detailing exactly how the business is doing.

All businesses no matter how small are required by law to produce financial records.If you are disciplined and methodical in your approach then bookkeeping could well be with career for you. This subject proves to be very popular with mothers trying to find a work and family balance. Many have found that working from home on a part time basis will provide a sound financial income in between the school run and school holidays.

Bookkeeping provides a recession proof income and career for any student moving into this field. In fact this is one of the few business that actually gets busier during a recession as many of our past students are now finding out. Join the growing list of qualified students looking to improve their prospects and Income. Enrol online today!


 

Module one: Introduction to Bookkeeping

Unit 1: Introduction to Bookkeeping
What is bookkeeping?
Why keep books?
Why you should learn about bookkeeping
Bookkeeping methods available

Unit 2: Principles of the double entry bookkeeping system
Basic concepts
Double entry
Assets and liabilities
Balancing both sides of a transaction
Debit and credits
Books of prime entry
Presentation of accounts

Unit 3: The accounts
Different types of transactions
Balancing the accounts
Capital and stock

Unit 4: Debit and credit entries and VAT
VAT
Accounting for VAT

Unit 5: Simple business stuctures and the cash book
The cash book
Where the use of a cash book is appropriate
The analysed cashbook

Module Two: The Accounts Books

Unit 6: Bank and cash records
The cash book
Petty cash
The imprest system
Petty cash vouchers
The petty cash book
Cash Discounts
The role of the banks
Bank reconciliation
Updating the bank account

Unit 7: The ledger
Dividing the ledger
Sales ledger
Purchase ledger
Bad debts
Private ledger
General ledger
Sales, purchases and returns
Expenses
VAT account
Adjustments to the ledger

Unit 8: The day books
Introducing the day books
Sales day books
Purchases day book
Returns day book
Analysed day book

Unit 10: Business documents
Uses of documents
Purchase orders
Acknowledgements
Advice notes
Delivery notes
Goods received notes
Invoices
Credit and debit notes
Statements and reconciling

Unit 11: Memorandum items
Using cheques
Paying in slips
Receipts

Unit 12: Wages and salaries
Gross and net pay
Gross
Pay
Deductions
Calculating net pay
Wage packets
Wage records
Overtime and bonuses
Security

Unit 13: Stock records
Defining stock
Controlling stock
Stocktaking
Valuing stock
Impact of deferring valualtions

Unit 14: The journal
Books of prime entry
Layout of journals
Bad debts
Transfer of capital
Purchase and sale of fixed assets
Corrections
Opening accounts

Module Three: Profit, loss and balance sheets

Unit 15: Calculating the profit figure using the profit and loss account
Defining profit
Ratio analysis
Trading account and the P and L
Accruals and prepayments
Depreciation
Summary

Unit 16: A trial balance
The trial balance
Control accounts
Sumary

Unit 17: The balance sheet
Assets and liabilities
Revenue and capital expenses
Assets
Liabilities
Net assets
Working capital
Analysing the balance sheet
Changes in the balance sheet
Formatting the balance shet
Accruals
Prepayments
Extended trial balance
Balance sheet ratios
Summary

Unit 18: The accounts of clubs
Accounts for clubs
Receipts and payments
Income and expenditure
Balance sheet
Summary

Unit 19: Credit control
Credit checking
Credit control procedures
Credit control and the law
The need for prompt payments
Summary

Unit 20: Partnerships
The law
Parnership agreements
Appropriation of the partnerships profit
Summary

 Click image to print off course info
 

Students should have completed the ICB Level 1 Manual Bookkeeping Course prior to enrolment.

ICB Level 2 Bookkeeping Certificate



This is a fully accredited and recognised award. See our qualifications page for further details

Prospects for a fully qualified bookkeeper are huge. The possibility of working in a responsible position within a company are all available to ICB qualified students at this level. Opportunities at level two are significantly increased. Many agencies and recruitment companies advertise for roles attracting salaries at up to £30K per annum.

 

All students have one year to complete this course from date of registration. Students are welcome to complete this course as quickly as they want to.

On average this course is completed in 120 hours (6/7 months).  Extensions can be arranged if students do not complete within the year and charges will apply. We would ask you to contact our office on 0800 0131030 for latest extension fees if required.

We recommend that students complete 3-4 hours per week as a minimum to get the most from this course. Remember to work out a study plan / timetable before you start and try and stick to it.

One Years ICB membership is included in the course fee. Valid from date of registration.

The benefits of membership also include:

		Professional letters after your name
		Membership certificate sealed by the Institute
		Membership card
		Access to the 'members only' section on the Institute's web site
		Notification of Bookkeeping Job Vacancies in your area
		Free Technical advice line covering all aspects of bookkeeping
		Free legal advice line for business and personal usage
		Free access to technical and legal downloads
		Free updates on changes in legislation which might affect bookkeeping
		Free advice and guidance on setting up a private practice
		Free information on employment opportunities which arise
		Regional meetings
		CPD (continuing professional development) seminars
		Access to ICB Plus - Exclusive offers on professional and everyday products and services

This course is issued in paper format. This course comes complete with a basic stationery pack and A4 ring binder.

Your course materials will be delivered to you at the specified address within 7 days of enrolment. International students should allow up to 21 days for delivery.
 

All students on this course will be registered to a personal tutor who is contactable via email or post. We also have a team of dedicated advisors to help and advise with any course related queries. The tutors role is to help and support students for the entire duration of their studies. Please remember our tutors are here to help. Never be embarrassed to ask for help.

This course is completed using continual assessment, allowing your tutor to closely monitor your progress every step of the way. This course consists of twenty lessons overall. Students will be required to submit three tutor marked assignments via email or post proving their understanding of the subject covered. A grade and report will be issued on your progress with any suggestions for improvement if necessary

Students are required to complete external examination to gain ICB Certification. Course fees include one Sample paper and one Exam attempt.

Q: When can I enrol?

The beauty of distance learning means that students can enrol at anytime they wish 365 days of the year. Enrolments and payment can be made online or by calling our office on 0800 0131030.

Q: How soon after enrolment can I start studying?

Students would normally receive their course materials within seven days of enrolment. Materials for this course are posted out via Royal Mail Recorded 1st class post or via DHL Courier

Q: Is this course accredited?

Yes! This course is accredited by the ICB. See our qualifications page for full details.

Q: Is there any funding available towards the course fees?

UK Open College is a privately run college therefore we do not have access to funding

Q: Do you offer any discounts for the unemployed or low income households?

Unfortunately discounts are not available

Q: Can I pay monthly for my course?

Yes! We do offer payment plans for this course to students resident in the UK only.  See fees page for further details.

Q: How do I know whether this is the right course for me?

In truth we cannot be sure if this course or indeed home learning will meet every students needs. To help we have a money back guarantee scheme in place which allows students to receive and try the course materials for seven days to establish whether this course is the ideal course for them. If it's not simply notify us via email or telephone within the seven day period for a full refund. Please be aware this is a strict seven day scheme and no refunds are processed once this period has expired.

Q: Is this course available to International students?

Yes! We currently have students all over the world studying with the college. With todays technology distance is no barrier at all. Students outside of the UK will need access to email and a scanner to submit course assignments. Additional charges for delivery of paper course materials will apply if required.

Q: Are there any deadlines for course assignments?

No! You can submit course assignments at your own pace. The only deadline is for completion of the whole course which requires students to finish within one year of registration.

Q: What if I have questions relating to my course or have problems understanding some of the questions?

No problem! All students have access to a personal tutor for the duration of their course with whom they may correspond with. You are not on your own when you study with us! We really do want you to pass your course!

Q: Will I have to purchase any additional books or materials?

No! We provide all the required course materials to enable you to complete your studies. 

Q: Is ICB membership & examination included in the course fees?

Yes! Both fees are included. Please be aware that membership expires after one year. You will need to complete examination before this expires to avoid additional charges.

Q: Where are the examinations held?

Exams for level two are taken externally through Pearson Vue training centres. They currently have 5000 centre worldwide. Exams are arranged by the college and are done on demand at anytime of the year. See www.pearsonvue.com

Q: Can I retake my exam If I fail?

Yes! We can arrange a retake if required. Additional costs apply. Contact us for current retake fees.

Q: Can I offer a bookkeeping service on a freelance basis after completing this course?

No! To be able to offer a bookkeeping service to sole traders you will need also need to be qualified in computerised bookkeeping to a minimum level 2.

Q: Do I need a computer to complete this course?

No! This course is completed on paper. Students may submit coursework via email if they wish alternatively we issue Freepost envelopes in the course packs.

Course Fee: Starting at: £299.00