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ICB Level 3 Bookkeeping and Accounts

Become a fully qualified bookkeeper with this ICB accredited level 3 qualification


Oxbridge

Summary

Price
£545 inc VAT
Or £60.56/mo. for 9 months...
Study method
Distance learning
Duration
200 hours · Self-paced
Qualification
No formal qualification
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students
  • TOTUM card available but not included in price What's this?

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Overview

A great bookkeeper is at the heart of any successful organisation. If you have a head for figures and think you could keep a steady hand on the ledger, then ICB Level 3 Bookkeeping and Accounts adds to the knowledge you’ve already gained in level two. Completion of ICB Level 3 Bookkeeping will allow you to gain ICB membership.

After completing this ICB Bookkeeping course, you’ll be fully qualified to gain employment as a bookkeeper, or to set up your own bookkeeping business. That’s because we’ll teach you all the fundamentals: how to produce a VAT return, control the sales and purchase ledgers, how to produce final accounts for different types of businesses such as partnerships and not-for-profits, and more. Even better, we’ll show you exactly how to use Sage One, one of the most commonly used accounting software packages in the UK, AND we’ll give you six months’ free access. This course is clear, intuitively structured, and talks you through all the tricky terms and different types of legislation you’ll need to be familiar with as a bookkeeper.

ICB Bookkeeping Level 3 is studied online, in your own time and at your own pace, and did we mention that after you complete this course, you can officially add the letters ‘MICB’ after your name? Fancy!

Description

Study Hours

  • The learning hours for this course are up to 200 hours, which is around 30 minutes per day for 12 months.


Study Method

  • Study completely online using our award-winning learning platform, MyOxbridge.


Course Duration

  • On average, students complete this course in 7 months, but we'll give you up to 12 months. Don’t worry if you go over the year though, we can organise an extension to your course for an additional fee, which also extends your tutor support.


Assessment

  • At the end of each unit, you’ll be given assignment that will be marked by your personal tutor. You’ll also need to pass exams to gain this qualification – M4, M5, M6, and M7 can all be taken via the ICB portal at home. Finally, you’ll take the M8 exam, which is a synoptic assessment covering all aspects of bookkeeping. You can take the exam in a local Pearson Vue test centre, which are often in the same building as local driving test centres. Alternatively, you sit your exams remotely from home. This M8 exam will be a mix of multiple choice and data entry questions. You’ll need to pass all your assessments to complete your qualification.

    Additional exam costs:

    • Mock exams: £15 each
    • Live exams: £75 each

Additional Information

  • Official Qualification Title - ICB Bookkeeping and Accounts
  • Entry requirements - Before you start, we recommend that you should have achieved ICB Level 2 Certificate in Bookkeeping or its equivalent.

Requirements

Before you start, we recommend that you should have achieved ICB Level 2 Certificate in Bookkeeping or its equivalent.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.