If you are serious about qualifying as a bookkeeper then this is exactly where you need to start. A comprehensive and thorough introduction into bookkeeping is given to students enrolled onto this course. There are three levels in total to gain full ICB membership and be able to offer your services as a bookkeeper. This course presumes no knowledge of the subject making it perfect for newcomers.
This is a fully accredited course leading to a highly recognised qualification
Enrol today and give yourself the opportunity of a better future!
Are there any previous skills or qualifications required to register for this course?
Good news!! No previous skills are required, allowing students at all levels to enrol. This course presumes no knowledge
What qualification is awarded upon completion?
All successful students will be awarded the ICB Level one Certificate in Manual Bookkeeping. Once further qualification is achieved qualified members can apply for the institutes practising certificate and apply for liability insurance. See www.book-keepers.org for details.
Am I required to sit an exam?
Yes! An examination paper is forwarded to all students completing at level one. This paper is completed at home and returned to the Institute for marking. Exam fees and ICB membership fees are included in the overall course fees. Membership lasts one year from the date of registration. Exams are held in February, June and October of each year.
Do I have to attend any classes?
No! This course can be completed entirely from the comfort of your own home.
How is my coursework assessed?
There are four grades possible for each assignment. A Fail, Pass, Merit or Distinction can be achieved. If you fail you can re-submit at no extra charge until you get it right! A distinction is the highest grade and requires work of a very high standard and presentation. You will be given guidance to help improve your grades if necessary.
What if I have a question relating to my course?
No problem! All students on this course can email student support with any questions they may have. Monday-Friday
What is included in the cost of my course?
Fully accredited course in A4 folder
Pen, Pencil and Ruler
Paper
Freepost envelopes
Calculator
ICB Student Registration
ICB Level one examination
Unlimited email support Monday-Friday
I have seen ICB courses cheaper than those offered by UK Open College. Why should I choose to study with you?
Simple! We are fully accredited by the ICB to provide this course. This is very important when choosing your learning provider, otherwise you could be left high and dry. Our fees include exam fees and ICB student membership. Without membership you can not be examined, so everything you require to pass this course is included in the overall cost. All these are taken care of by us, allowing you to concentrate on passing your course. If you are considering another learning provider please check these very important factors before enrolling.
What is the duration of the course? Is there a time limit for completion?
This course will take approximately 60 hours to complete. All students have one year to complete from the date of registration.
What is covered in the course syllabus?
The course consists of the following nine modules:
Module One:
Starting up a business
Business categories
Bookkeeping and bookkeepers
Reasons for keeping records
HMRC
Legal requirements
The principles of double entry bookkeeping
Types of accounts
Profit and loss, balance sheet and cash flow
Getting used to debits and credits
Module Two:
An introduction to VAT
What is VAT?
Input and output tax
VAT rates
VAT schemes
Registering a business for VAT
Records that need to be kept
VAT account
VAT returns
How to calculate VAT at 17.5%
How to calculate vat at reduced rate of 5%
Showing VAT on invoices
Example VAT invoice layout
Module Three:
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
Cash 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
Credit control
The terms creditors and debtors explained
Module Four:
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
Payroll transactions
Module Five:
Module Six:
Trial balance
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
Module Seven:
Business administration
Setting up business documents
Producing business documents
A sample VAT sales invoice
A sample credit note
A sample customer statement of account
Module Eight:
Module Nine:
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 are the career opportunities and salary potential when working in this field?
When giving our students careers advice, we like to leave it to the experts. Visit www.s1jobs.com and see for yourself. You will find thousands of national employment opportunities at your fingertips, giving you relevant and up to date information. By visiting them you will get the real facts.
Can you send me this info in the post?
Unfortunately not, we list all our course details online including fees, duration and syllabus. By doing this we are able to keep our fees to a minimum. Please contact us if you have further questions.
Can I pay the course fees in instalments?
Yes no problem at all. Take a look at the payment method page in the top right hand corner for further details. Payment plans can only be arranged by calling FREE on 0800 0131030. All payment plans incur a £15.00 admin charge.
What if I receive my course and it’s not suitable?
We offer a seven day money back guarantee on this course. If for any reason you are not happy please return it to our office within seven days of receipt and we will refund your money. Please be aware all courses require a signature upon receipt. The seven day period starts from the date it is signed for. No refunds are given after seven days whatever the circumstances. Money back guarantee excludes postage costs. It is also the student’s responsibility to cover return postage costs. All returns must be sent recorded delivery to our trading address shown on the contact us page.
