ICB Level II Certificate in Manual Bookkeeping

Level II Certificate in Manual Bookkeeping

Your Ideal Schools course will consist of the following:

All Study Materials provided in a presentation folder
1 year tutorial support via phone & email
Continuous Self Progress tests & Answers
6 x tutor marked assignments
Online report templates to help with assignment completion
1 x Past Paper
1 x Online Practice Paper

Topics covered within this level are as follows:

VAT RETURNS
Show an understanding of the requirements for making VAT returns; Prepare VAT returns; Explain the balancing figure on the VAT return and its implications for the business.

CASH BOOKS
Explain the imprest system for dealing with petty cash; Enter opening balances and transactions into a petty cash book; Calculate and bring down balances; Restore the imprest; Post the analysed totals to the relevant ledger accounts; Set up a three column cash book and post relevant items including cash discounts involving VAT.

RECONCILE SALES AND PURCHASES LEDGER ACCOUNTS
Explain the need for reconciling the sales and purchases ledger accounts; Explain how discrepancies in the reconciliation can occur; Carry out a reconciliation of the sales and purchase ledger accounts.

CORRECTION OF ERRORS
Correct errors in the accounts, including those involving the Suspense Account.

BANK RECONCILIATION STATEMENTS
Explain the discrepancies between bank statements and the bank columns of cash books; update the cash book; prepare such statements.

TRADING AND PROFIT AND LOSS ACCOUNT FOR A SOLE TRADER
Explain their purpose; Prepare them from ledger accounts, trial balances and list of balances; Derive and explain gross profit (or loss), net profit (or loss) and cost of goods sold; Adjust the trading, profit and loss account for depreciation (straight line and reducing balance methods), prepayments and accruals and bade debts.

BALANCE SHEET FOR A SOLE TRADER
Explain their purpose; Compile them from ledger accounts and a trading profit and loss account; Explain the meaning of capital, debtors and creditors and fixed and current assets.

YEAR END LEDGER ENTRIES
Close off the ledger accounts at the year end making allowances for depreciation, prepayments and accruals.

Course Number: ICB200

Course Fee: £239.00

You can pay the full price or pay a deposit of £83.00 (0% APR), followed by 3 monthly payments of £52.00

Rating

based on 11 Student Reviews

8 Questions | 8 Answers

Student Reviews

Nothing but praise

Impressed

Thank you

Very Impressed

So Happy

A Big "Thank You"

My Study Buddy

Real Sense of Acheivement

I have thoroughly enjoyed and feel a real sense of achievement on my completion of the Level 2 Certificate in Manual Bookkeeping course. I scored an average 99% on the assignments and 100% in the ICB exam. I attribute this high level of achievement to the excellent content and structure of this correspondence course, together with the on-hand support from the Ideal Schools tutors.

The correspondence method of learning has played a major part in my result. The flexibility of study hours has meant that I have learnt my at own pace, spending more time on subjects a little more difficult to get to grips with, and have not been rushed to move on to the next subject before I have thoroughly understood the theory being taught. Added to that, not having a rigid study schedule that ties me to certain hours or having to spend time travelling to a study centre, has meant that I haven’t had to build my life around the course but have been able to build the course around my life. This aspect has relieved the pressure of having strict deadlines and studying has been a pleasure not a chore.

The lessons throughout Level 2 are logically set out with clear explanations and examples. Progress tests ensure that what you are reading sinks in, and by time you reach the end of the lesson you are more than ready to apply your knowledge to the assignment. I thought the assignments were very clever in that they were designed not only to reinforce the subject matter but to push the student a little further in a problem solving way. In real life, of course, that’s exactly what you would need to do when preparing client books.

Finally, I cannot praise the tutors enough for their support. Most of my questions were answered within an hour by email and there has always been someone available when I have phoned. What really impressed and helped me most was the quick turnaround in marking assignments. This aspect ensured that I never lost momentum in my studies and maintained the knowledge of the new bookkeeping skills I was learning.

Score: 5 – there is nothing I would change. My friends and colleagues are keeping a close eye on my progress and are impressed! I would have no hesitation in recommending this excellent course and Ideal Schools as first class study providers.

Jill Playfair - Manchester

excellent