Book Keeping ICB Level 1 & 2 Distance Learning CourseAB603

Course Info

Distance Learning Support

At Start Learning we pride ourselves on our friendly and supportive tutors. Your tutor support will start as soon as you receive your course and will be valid for 12 months. All our tutors are highly qualified with extensive experience in supporting distance learning students. You contact your tutor via email and they are responsible for marking assignments answering your questions and guiding you through the course.

Home Study Entry Requirements

No prior knowledge is necessary to study this course, although an interest in figures and financial transactions will be an advantage. At Start Learning we believe that everyone should have the opportunity to expand their knowledge and study further, so we try to keep our entry requirements to a minimum.

Distance Learning Course Contents

Level 1 Book Keeping

Unit 1 – An introduction to record keeping: The importance of keeping accurate financial records - The layout of a bank account and its entries - Balancing the account

Unit 2 – Further bank account transactions: Types of income and expenditure - The analysed bank account

Unit 3 – Double Entry Book Keeping – Cash Transactions: Basic double entry accounts for bank transactions - Further account balancing -  The trial balance - The cash account - The capital account - Accounting for payroll transactions

Unit 4 – Double Entry Book Keeping - Credit Transactions: Credit transactions - Developing accounts for customers and suppliers - Splitting the Ledger - Entering credit transactions into the accounts

Unit 5 – The Calculation of VAT and the development of business documents: The  concept of VAT and VAT registered businesses - Calculating VAT - The production of business documents containing VAT - Dealing with trade and cash discounts

Unit 6 – The posting of VAT Transactions to the Ledgers: The posting of cash and credit items to the ledger for a VAT registered business - VAT Input and  VAT - Output accounts - The single Vat Account - How to calculate  VAT exclusive and VAT inclusive amounts

Unit 7 – Day Books: Explanation of day books - Making entries into the various books - Posting day book entries to the relevant accounts in the correct ledger

Level 2 Book Keeping

Unit 1 – Cash Books: Two column cash books - Revision of cash discount - Three column cash book - The Petty Cash Book

Unit 2 – Correction of errors: Types of errors - Correcting the ledgers - The suspense account

Unit 3 – Reconciling the accounts: Bank reconciliation - Control Accounts – reconciling customer and supplier balances - The VAT Return

Unit 4 – Introduction to Final Accounts of a Sole Trader: The nature of profit - Calculating gross and net profit - The Trading, Profit and Loss Account - The Balance Sheet

Unit 5 – Adjustments to Final Accounts: Accruals and prepayments - Depreciation - Bad debts and the Provision for Bad Debts - Further corrections and adjustments to profits

Unit 6 – End of Year Ledger Entries: Closing of the ledger accounts at the year end

Easy Payment Plan

Full Price is £250

6 Monthly Instalments of £41.66

The first instalment is paid at time of enrolment with a fee for postage and packaging.

For postage costs costs click here: Postage & Packaging

Call us on 0800 074 1222

Qualification

Qualifications

Upon successful completion of this course, you will receive ICB Certificates in Basic Bookkeeping (level 1) and Manual Bookkeeping (level 2).

Language of Examination

English

Examination Centre

On successful completion of our course we will provide you with a completion diploma.

As a member of the ICB they will send you all the information you require to take the exams.
There will be a fee to join ICB normally £40

The Level 1 Certificate in Manual Bookkeeping is taken at home on a Friday, you arrange with the ICB for them to send the test papers out to you and you complete them from home then send it back to them. 

The Level 2 Certificate in Manual Bookkeeping is sat in a centre. The ICB arrange the centre and notify you with a map and directions and times. Most examinations are at 9:30AM. They have centres all over the world, and in the UK they are not normally very far away (10-20minutes) unless you live in very rural areas.
Those two examinations are held on the 2nd Wednesday of every February, June and October, and the deadline for entry is the 20th of the month prior, I.E January, May and September.

Exam Fees

Level 1 £20.00

Level 2 £25.00

FAQ's

Q: Will I need any additional materials?
A: No other books are necessary for this course. However, if you require further reading, Frank Wood's and Alan Sangster's Business Accounting 2 (ninth edition) published by Pitman will prepare you for the examinations listed below and is also suitable for use with our Advanced Book-Keeping course. Therefore, if you wish to progress to a further stage, you will not have to buy another textbook.

Q: What do I receive once I order the course?
A: We will send you ALL the course materials. You can start your studies straight away.

Q: What if I don’t like the course? Can I send it back?
A: Yes, if you are not happy with the course and feel it is not for you, you can return it within 7 days as per the terms and conditions on our web site www.start-learning.co.uk.

Q: Is this course paper-based or on a CD Rom?
A: All our courses are paper based and come in attractive folders.