What Bookkeeping and Accounting Course Can I Study?
Searching for a list Accounting courses through Correspondence Learning? Here is your complete list of ICB recognized accounting and bookkeeping courses:
NQF Level | ICB Programme Level | Qualification |
NQF L3 | Foundation Level | National Certificate: Bookkeeping |
NQF L4 | Intermediate level | Further Education and Training Certificate: Bookkeeping |
NQF L5 | Upper Intermediate level | National Diploma: Technical Financial Accounting |
NQF L6 | Advanced Level | National Diploma: Financial Accounting |
The distinction between Bookkeeping and Accounting
Accounting and Bookkeeping are 2 sides of the very same thing. At the entry level, it is called bookkeeping. In accounting, you are working with the accurate recording of all the offers of an organisation or department. You make sure that earnings an all cost are correctly recorded.
When you have in fact moved a few actions up on the ladder, you begin reporting on the accounting details, and you begin examining the details. At the level where your job becomes more intricate considering that you are also reporting and assessing business monetary details, we begin calling it Accounting.
So an Accountant is a senior Bookkeeper. And a Bookkeeper is a junior Accountant!
Why Study Bookkeeping?
In South Africa, accounting and accounting are scarce skills. That suggests that both industry and federal government identify that we have a shortage of accountants and accounting professionals. The government body for qualifications in the financial sector, FASSET, has actually done a study on scarce skills in 2015. From that study, they released their Scarce Skills Guide 2015.
FASSET is the SETA for Finance, Accounting, Management Consulting and other Financial Services. In their scarce skills direct they determined the following as scarce skills:
- Trainee Accountant
- Finance Manager
- General Accountant
- Accounts Clerk
- Payroll Clerk
- Debt Collector
These are all positions for which an ICB accounting course will prepare you properly. Your accounting accreditation will ensure that you are constantly in demand. It is a wonderful profession that can take you to the greatest level in an organisation.
The scarcity of accounting skills also impacts federal government departments. All federal government departments have accounting and bookkeeping divisions. And they work every year to obtain an effective audit. To get a tidy audit suggests that they need experienced, licensed, dedicated and knowledgeable bookkeeping and accounting staff and supervisors.
As a certified bookkeeper or accounting professional, you will continuously remain in demand. Either in private organisation or in a government department, which can consist of both municipalities, along with larger nationwide government departments.
Can I study ICB Bookkeeping if I don’t have a Matric Certificate?
Yes, you can study ICB Bookkeeping without Matric.
All the ICB courses start at NQF level 3. And they go up to NQF level 6. In comparison, matric is at NQF level 4. So these courses are available for a trainee who do not have matric. Students begin at a level below matric. Keep studying the program, and course by course you will rise up the NQF level 6, which is 2 levels higher than matric.
The ICB has developed their courses to assist students who did not total school, and who needs to work and study at the very same time. So you begin with the easy principles and work, and construct on that foundation, till you are ultimately an expert!
As a home study student, you can study an hour after work, 3 or four times per week. With 5 assessment opportunities in 2017, you understand that as quickly as you are all set, you can register for the next examination.
As you advance through the program, you will get acknowledgment at the numerous levels. After finishing the very first 4 topics, you will get your extremely first credentials from FASSET, and your very first ICB Programme Certificate.
ICB Bookkeeping and Accounting Courses
The ICB bookkeeping and accounting programme is comprised of four different levels. Inside each level can be one or more courses.
- Foundation Level
- Intermediate Level
- Upper Intermediate Level
- Advanced Level
As you total each level, you will get certified by the ICB. You will get an ICB Certificate. As you complete the various courses inside the levels, you will get acknowledgment from FASSET through your formal credentials from FASSET.
Foundation Level
Wish to study to become a Junior Bookkeeper?
Our ICB National Certificate in Bookkeeping course is perfect for students who want to operate in a junior accountant position. This course includes 4 subjects and will take sixteen months to finish. In order to study this course, you need to be at least sixteen years of age and have a grade 10 certificate. No prior accounting or accounting knowledge is required.
National Certificate: Bookkeeping (NQF Level 3) – Foundation Level
The foundation level is the starting point for lots of students. If you did refrain from doing that well at school, or you stopped attempting matric, or you have in fact not studied for many years, then the foundation level assists you bridge the gap and return into studying.
Academically the level is NQF 3. That is the level noted below matric, so we comprehend that students with Grade 10 (Standard 8) will be able to handle the scholastic level of the work.
You do not need any previous accounting or accounting understanding if you start at this level. And you need being at least 16 years of age to be accepted into the program.
To finish this level you should pass 4 subjects. The suggested time to finish this level is 12 months. Distance learning trainees can take up to 18 months.
Intermediate Level
Want to study to become a Senior Bookkeeper?
The ICB Further Education and Training Certificate in Bookkeeping course will prepare you for a senior bookkeeper position. The entry requirement for this course is a National Certificate in Bookkeeping. The study duration for this course is six months and there are only two topics to finish.
FET Certificate: Bookkeeping (NQF level 4) – Intermediate Level
The intermediate level is for trainees who have actually successfully completed the foundation level. It is your 2nd action on the ladder to becoming a Financial Accountant.
To enter this level, you should have passed the foundation level. That suggests you must already have your National Certificate: Bookkeeping to enter this level.
To complete this level you need to pass 2 topics. Numerous students complete this level in six months. Distance learning students can consume to 9 months to finish this level.
Upper Intermediate Level
Desire to study to end up being a Technical Financial Accountant?
To become a certified technical monetary accounting professional, you ought to study the ICB National Diploma in Technical Financial Accounting course. In order to study this accounting course, you initially have to acquire a Further Education and Training Certificate in Bookkeeping. This course takes about six months to complete and there are 2 topics to work through.
National Diploma: Technical Financial Accounting (NQF level 5) – Upper Intermediate Level
At this level, you move from Bookkeeper to Accountant. If your dream is to wind up being an Accountant, then this level will get you there!
To enter this level you require to have actually passed the Intermediate level. That implies you should have your FET Certificate: Bookkeeping to get entry to the Upper Intermediate Level
To finish this level you have to pass 2 topics. The recommended time of study is 6 months. Home Study trainees can use up to 9 months to finish this level.
Advanced Level
Wish to study to end up being a Financial Accountant?
If you are dreaming about running your own bookkeeping/accounting practice, you ought to study the ICB National Diploma in Financial Accounting. You need a National Diploma in Technical Financial Accounting to study this course. You will need to complete three subjects in the duration of nine months.
You could also study the general public Sector National Diploma in Financial Accounting course to get a monetary accounting professional classification. However, you first need to finish the National Certificate in Public Sector Accounting and Diploma in Public Sector Accounting course before you can proceed to the monetary accounts course. This course will likewise take 9 months to finish.
National Diploma: Financial Accounting (NQF level 6) – Advanced Level.
This is the greatest level of ICB research studies. Here you will get your National Diploma: Financial Accounting (NQF Level 6). To enter this level you must have passed all the previous levels. So that implies you need to remain in possession of your National Diploma: Technical Financial Accounting.
To pass this level you must effectively complete four topics. Students normally take around 12 months to complete this level. Distance learning students can take a bit longer, certainly.
ICB Correspondence Colleges – Accreditation
Being fully identified ways that the college has used for accreditation to the Institute of Certified Bookkeepers. After sending out a portfolio of files to validate the application, each college is gone to by a quality control manager from the ICB. At the college site a variety of things are inspected, to make sure the college is successfully able to offer these ICB courses.
A few of the important things a college ought to show at a website evaluation from the ICB are their financials, quality study materials, correct systems and procedures to offer distance learning, certified personnel, a tax clearance certificate and an OHS certificate to reveal that the college is safe for staff and trainees.
After successfully passing the website evaluations, these colleges got their accreditation from the ICB. That implies they have an accreditation certificate for each ICB program that they are identified to provide.
ICB Learner Portal
The ICB has a trainee site for home study students. Through the ICB student portal, you can access a variety of self-service functions. You can likewise ask your college to access these functions in your location if you do not have web access to, or if you have a tough time to utilise the portal.
Some of the things you can do via the student website are:
- View and modify your personal and contact information
- Order a reprint of a certificate you attained
- Pay your ICB fees (Credit Card).
- Register for Exams.
- See your Exam Results.
ICB Bookkeeping Courses Fees.
There are a number of different expenses that you should prepare for if you are going to study an ICB course. Here are a few of the significant costs you need to comprehend and prepare for:.
- Study fees with your distance learning college.
- Book fees. Some colleges will include this in your course charges.
- Courier fees. Skills Academy includes this in your course costs.
- Examination charges. Generally, you pay this straight to the ICB, so it is not included in your course charges.
- ICBA Student Membership charges. These costs are typically not included in your course costs.
- ICB Student Registration charges. This is a yearly cost that is typically not consisted of in your course fees.
ICB Registration.
When you decide to study an ICB certification, you have to bear in mind a variety of things that all kind part of your ICB Registration, being:.
- Annual ICB Student Registration.
- Registration with a home study college.
- ICB Exam Registration.
ICB Exams.
The ICB uses five test sessions to home study trainees in 2017. You must ensure you comprehend the test fees. And it is critically important that you sign up for your test, 3 months prior to you prepare to write the exam.
You can not reach the test centre and anticipate a seat and an examination paper if you have actually not signed up for that examination.
Last Updated, 5th May 2017