ICB Level 3 Certificate in Bookkeeping and Accounts

Unit 1: Underpinning knowledge

• Understand the importance of adhering to a code of ethical principles
• Understand when and how to take appropriate action to cope with unethical behaviour
• Understand the legal differences between the structures of various types of businesses
• Understand the main accounting concepts that apply
• Understand the different rules that apply when processing VAT transactions

Unit 2: Reconciliation of accounts and correction of errors

• Reconcile supplier statements
• Prepare a bank reconciliation statement.
• Use control accounts to reconcile sales and purchase ledgers
• Understand the need to correct errors
• Understand what to do if the trial balance does not
• Produce a corrected trial balance

Unit 3: VAT Returns

• Reconcile the VAT account
• Complete a VAT return

Unit 4: Calculate and post adjustments to the ledgers

• Calculate depreciation
• Account for the disposal of fixed assets
• Understand the need to allow for adjustments to the accounts

Unit 5: Final accounts of non-incorporated businesses

• Prepare a set of final accounts for a sole trader from a given trial balance
• Prepare a set of final accounts for ‘not-for-profit’ organisations
• Prepare a set of final accounts for a partnership

Course Enrolment Fees

Our aim is to provide you with the best deal available, therefore any registration fee, certification fee and full tutor support is included in the course price for you. The enrolment fee for the Bookkeeping and Accounts Level 3 home study course is £748.75, though for a limited time we are offering you the opportunity to pay only £599 which is a 20% discount if you enrol online and pay in full.