ICB Level 2 Certificate in Bookkeeping

Our course code: X201

Course fee: £395 or from £30 per month

Enrol on this course

Are you interested in studying bookkeeping or accounting but are unsure where to start? Look no further! Our ICB Level 2 Certificate in Bookkeeping is an ideal intro into the world of bookkeeping. Know your assets from your liabilities and everything in-between. Oxbridge are now offering the brand new 2019 syllabus, making this the most current entry point to ICB certification. We’ll cover the essentials, from the basic principles of double-entry to producing period-end trial balances.

ICB Level 2 Certificate in Bookkeeping is the perfect starting point if you’ve zero experience in bookkeeping or accountancy. We start at the very beginning and, step-by-step, will guide you through those early bookkeeping stages. By the end of the course, you’ll know how to perform or undertake the basics of bookkeeping. Whether you’re a small business owner or part of a larger organisation, a little bookkeeping knowledge is a crucial skill. In addition, budding bookkeepers looking to grow or start a business will enjoy unlimited support on their course.

Completing this qualification will enable you to carry out the position of employed assistant bookkeeper under supervision. You’ll have learned to apply postings from the books of prime entry and source documents to the ledger accounts. Furthermore, you’ll be able to produce an initial trial balance. Additionally, you’ll also be able to set up computerised bookkeeping systems, enter details of all transactions and produce reports.

Successful completion of an ICB Level 2 Certificate in Bookkeeping makes you a qualified assistant bookkeeper

This course package covers the A1, A2 and A3 elements required to become an Associate member of the ICB. Upon successfully completing the ICB Bookkeeping course, and application for ICB membership, you can use the letters “AICB” after your name. This adds an official touch and special prestige to finishing your ICB qualification. Be more, enrol today and start your learning journey with Oxbridge.

Interested in studying bookkeeping or accounting but don’t know where to start? ICB Level 2 is for you!

  • Free ICB Student Membership

    Get free 12 month student membership to the ICB and 6 months free access to SageOne.

  • Study with winners

    We’re an award-winning learning provider and have been recognised for our cutting-edge learning techniques.

  • Unlimited Tutor Support™

    Get as much help and support as you want from your personal course tutor via email and phone.

  • Awarding body: ICB

The ICB’s role as a membership body is to provide ongoing support to members to ensure they are knowledgeable and up to date with the latest legislation, mindful of their ethical obligations, and best-placed to provide a trusted and exemplary service to business.

In the bookkeeping industry, The ICB need no introduction, they are the biggest institution of its kind in the world. Effortlessly and professionally maintaining the high standards of bookkeeping as a profession.

Study Hours

Up to 120 hours which is under 40 minutes per day for 6 months.

Study Method

This is a paper-based course, meaning that we will send all of your study materials out to you in the post. However, correspondence with your personal tutor is via email and our student portal.

Course Duration

You have up to a year to complete this course and we have included a suggested number of study hours above. This is usually ample time for learners, even with full time jobs and other commitments. Don’t worry if you go over the year though, we can organise an extension to your course for a small fee, which also extends your tutor support.

Assessment

The three assessments (A1, A2 & A3) are to be taken in the order listed above. Successful candidates will need to pass all three assessments to gain the full qualification and these exams are taken via The ICB portal on your computer at home.To sit these exams, there will be an additional cost of £55 per exam.

Course Outcomes

Successful achievement of this qualification will allow you to apply for Affiliate Membership to the ICB. You will be able to work as an Assistant Bookkeeper and you will also receive an official certificate of completion from the ICB. Read more about the ICB here.

Additional Information

Difficulty - Level 2

Entry requirements - We recommend a reasonable level of English and Maths. If you're feeling a little rusty, why not try our Introduction to bookkeeping first?

Course Content

1: Paper A1 – Basic double-entry bookkeeping to trial balance

Paper A1 – Basic double-entry bookkeeping to trial balance

  • Underpinning knowledge:
    • Knowledge of the different categories of business that exist
    • Terms in bookkeeping (assets, liabilities etc.)
    • Banking procedures
    • Understanding the different categories of VAT (standard, reduced, zero, exempt, outside the scope)
  • Calculation the value of the capital investment for a sole trader
  • Calculation of business documents including calculation of VAT
  • Showing an understanding of the effect of entering transactions into a bookkeeping system for sales, purchases, overheads, capital items, returns, personal items etc.
  • The effect of making and receiving payments including bank, cash and petty cash transactions
  • Calculation of account balances
  • Production and explanation of a trial balance
2: Paper A2 – Further double entry bookkeeping to trial balance
  • Underpinning knowledge:
    • Ethics
    • Legislation relevant to the bookkeeper
    • Accounting concepts
  • Further double entry including the following:
    • Topics from paper 1
    • The content of control accounts
    • Writing off a bad debt
    • Construction Industry Scheme
    • Posting non-sole trader entries (subscriptions, donations, drawings of partners, directors’ loan accounts etc)
  • Entry of payroll journals
  • Calculation of the value of a suspense account in a system that does not balance
  • Reconciliation of debtors, creditors and bank balances
  • Correction of errors that do not affect the trial balance
  • Production and explanation of a trial balance
3: Paper A3 – Data entry to trial balance using a computerised accounts package
  • Opening of entries
  • Entry of cash and credit transactions
  • Production of a trial balance
  • Production of reports for debtors, creditors, bank, VAT and the audit trail

Frequently Asked Questions

We have some answers to common student questions, but if you can't find the answer you're looking for then please contact us and we will do everything we can to answer your questions.

You will have access to your personal tutor, via email and telephone, who will mark your assignments and guide you through the course. In addition, you will be supplied with a comprehensive Study Guide which will help you through the study and assessment process. Your personal tutor will be highly experienced in their subject area and qualified to teach.

We include 6 months’ access to the full version of SageOne within our course fee. Our cloud-based Sage software runs on any computer with a web browser.

You don’t need any prior skills in the subject area to start. However, as with all of our courses, we recommend a reasonable level of English reading and writing ability.

No, all of the study materials are supplied within your learning pack.

That’s fine, this course can be studied anywhere and is completed by submitting Tutor marked assignments (TMAs).

Please check our FAQs section or Contact Us, we are happy to answer any questions you have.