ICB Level II - Certificate in Manual Bookkeeping BBS203

The 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. The price of this course also covers your Student Registration fee of £25.

Pre-requisites - ICB Level I -  Basic Bookkeeping BBS103

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:(payable by student)  £62
• Postage and packaging
• Student Registration fee £46.50

There are no hidden costs. An extra fee of £35 does apply where students wish to receive the course material in printed format only. This covers the cost of printing, binding and postage.

Duration: 50 Hours

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.

Course Structure: ICB Level II - Certificate in Manual Bookkeeping BBS203

Consists of six (6) lessons, and focuses mainly on the preparation of final accounts for a sole trader.

ICB Accredited Course

1. General Journal
• Set up and use a "general journal"
• Understand the appropriate ways of closing ledger accounts at the end of  an accounting period.
2. Profit and Loss Statement
• 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.
3. Depreciation on Non-Current Assets
• 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.
4. Profit Determination and Balance Day Adjustments
• Understand the  'accrual' and 'cash' basis of accounting
• Understand the matching process
• Undestand the  need for balance day adjustments.
5. Cash Control: Bank Reconciliation and Petty Cash
• 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
6. Cash Control: Budgeting
• 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

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.
  

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.

The examination for this module is 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 choose a date and time convenient to them according to availability at their nominated centre. An exam fee of £60 is payable at the Centre at the time of exam registration.