Course Summary

Course Name:

Bookkeeping: ICB FET Certificate

Course Level:

NQF4

Duration:

The Bookkeeping: ICB FET Certificate is your second Bookkeeping and Accounting course, offered by the ICB. During this course, you will build on and improve the knowledge you have gained in your Bookkeeping: ICB National Certificate course, and will advance your financial and numeracy skills.


Course Information:

Course NameBookkeeping: ICB FET Certificate
AccreditationThe Quality Council of Trades and Occupations (QCTO) and The Institute of Certified Bookkeepers (ICB)
Examinations

Completion of three assignments, and two tests.

Your final exam will take place on fixed dates during the course of the year. Registration deadlines are published on the student portal and ICB website

Award TypeFET Certificate: ICB Bookkeeping
Award Issued ByThe Institute of Certified Bookkeepers (ICB) and FASSET
SAQA ID58376
NQF Level04
Course Duration24 months
Credits130
Entry RequirementBookkeeping: ICB National Certificate

Bookkeeping: ICB FET Certificate Subjects

The following subjects will be covered in your Bookkeeping: ICB FET Certificate course:

  • Financial Statements (FNST)
  • Cost and Management Accounting (CMGT)


What Will I Learn?

During your Bookkeeping: ICB FET Certificate course, you will build your knowledge on:

  • Finalising and interpreting accounts
  • Interpreting and drafting financial statements
  • Maintaining and preparing financial records and general ledger accounts
  • Calculating and recording VAT transactions and returns
  • Using computerised bookkeeping systems


Benefits Of Having A Bookkeeping: ICB FET Certificate Qualification?

Having a Bookkeeping: ICB FET Certificate will qualify you to register for, and study towards, a Technical Financial Accounting: ICB National Diploma. With a Bookkeeping: ICB FET Certificate, you will also be able to pursue various careers within the financial department of a company.


Career Opportunities

With a Bookkeeping: ICB FET Certificate, you will be able to pursue a range of careers in Bookkeeping and Accounting, including the following:

  • Senior Bookkeeper
  • Junior Accountant
  • Business Analyst


Salary Expectations

Your salary expectations will vary depending on which job path you choose. The monthly salary for the various careers you can pursue are as follows:


Role And Responsibilities

The kind of roles and responsibilities you can expect are mostly decided by the career path you choose. For careers in Bookkeeping and Accounting, you can anticipate the following duties:

  • Collecting transactions
  • Completing data entries
  • Managing and maintaining financial records
  • Posting journal entries
  • Maintaining accounts and updating financial statements
  • Preparing financial reports
  • Analysing and evaluating current business trends
  • Determining requirements needed in a business

Bookkeeping: ICB FET Certificate Curriculum

The Bookkeeping: ICB FET Certificate curriculum includes the study of two subjects. During your studies, you will be required to complete multiple assessments, and must maintain a grade of 60% or higher to pass the course.


Bookkeeping: ICB FET Certificate Assessments To Be Completed

You will need to register for the Bookkeeping: ICB FET Certificate assessments using the ICB Student Portal. Once you have registered, you will be required to complete assignments, tests, and a final examination.

After registering on the ICB Student Portal, you will gain access to ICB MACCI, a digital platform that allows you to see your assignments and test marks, as well as apply for your PoE and final exam.


Bookkeeping: ICB FET Certificate Assignments To Be Completed

Your Bookkeeping: ICB FET Certificate course will consist of the following tests and assignments to be completed:

  • Formative Assignment 1
  • Formative Assignment 2
  • Formative Assignment 3
  • ICB Test 1
  • ICB Test 2


After you have completed all assignments and tests, you will be allowed to take the
final exam. Your assignments and tests will account towards 30% of your overall grade.


Bookkeeping: ICB FET Certificate Exams

To sit for your Bookkeeping: ICB FET Certificate final examination, you must complete all course assignments and tests. The examination will total 70% of your course grade, and will be taken at the end of your study module.

Why Choose To Study With Bellview Institute Of Distance Learning?

Choosing to study the Bookkeeping: ICB FET Certificate course through Bellview Institute of Distance Learning will provide you with a range of advantages and benefits, that will ensure your time studying goes as smoothly as possible. View our benefits.

Bookkeeping and Accounting Courses

Meet Your Bookkeeping and Accounting Tutor


Bellview Institute of Distance Learning Bookkeeping: ICB FET Certificate Facebook Group

You can join our Bookkeeping and Accounting Facebook Group if you are interested in learning more about the Bookkeeping: ICB FET Certificate course, or would like to interact with our Bellview staff and students.

In the group, you will stay up to date with all the latest course news, and are free to ask any questions you might have.

Bellview Institute of Distance Learning Application Process

You can apply to study through Bellview Institute of Distance Learning using various quick and easy application process methods. To register, you can apply via:


Call or WhatsApp: 065 656 9818
Landline Number: 021 838 8280


How Do I Study For A Bookkeeping: ICB FET Certificate?

To start the Bookkeeping: ICB FET Certificate course, you will need to have a Bookkeeping: ICB National Certificate. Once you have registered and are studying, you will be required to:

  • Complete and submit all course assignments
  • Write all required tests before your final examinations
  • Write and pass your final examinations online or in-person


After successfully completing all your course assessments, and achieving a minimum grade of 60%, you will be awarded a Bookkeeping: ICB FET Certificate.


When Can I Start Studying Bookkeeping: ICB FET Certificate?

You can register for the Bookkeeping: ICB FET Certificate course at any time, provided you have all the necessary documents, and meet all course entry requirements.

Frequently Asked Questions

No, you do not need a Matric Certificate to start the Bookkeeping and Accounting course. To begin your ICB Bookkeeping National Certificate studies, you are required to have a Grade 10 or Equivalent Certificate.

The Bookkeeping: ICB FET Certificate course has a total of 130 credits.

The Bookkeeping: ICB FET Certificate is on an NQF level 04.

It will take a total of 24 months to complete the Bookkeeping: ICB FET Certificate course.

Bookkeepers are responsible for providing information on the financial situation of a business. They are tasked with providing accurate and up-to-date financial reports such as record payments, and general ledger entries, that will help managers make informed decisions.

FET stands for “Further Education and Training”

ICB stands for “Institute of Certified Bookkeepers”. They are one of the world’s leading educational providers in business-related qualifications.

Yes, all training providers of ICB courses are accredited by the DHET. This means that ICB certificates and diplomas are accredited qualifications.

The ICB’s qualifications are recognised internationally. This includes recognition by ACCA, CIMA, IAB, and more. You can use your ICB qualifications to study or work anywhere in the world.

You can continue to further your studies in Bookkeeping and Accounting, or you can go into a suitable career path. Some of these career paths include:

  • Accounting Clerk
  • Junior Bookkeeper
  • Account Manager
  • Audit Clerk
  • Payroll Administrator
  • Office Administrator

The Bookkeeping: ICB FET Certificate is accredited by the Institute of Certified Bookkeepers (ICB) and The Quality Council of Trades and Occupations (QCTO).

Some basic Bookkeeping skills include:

  • Setting up business accounts
  • Determining the best bookkeeping methods for each account
  • Recording financial transactions
  • Balancing books
  • Preparing financial reports
  • Storing records

As a Bookkeeper, the five basic different bookkeeping accounts you should understand include:

  • Cash in bank accounts
  • Your accounts receivable (A/R)
  • Balance (money owed by customers)
  • Inventory
  • Computers and assets

It does not matter what you studied during high school, you can still go into Bookkeeping. You do not need a degree to practice this career, you can get the same jobs with a Certificate or a Diploma.

The four basic steps of Bookkeeping are:

  1. Analysing financial transactions and assigning them to different accounts
  2. Creating journal entries for credits and debits
  3. Posting journal entries to ledger accounts
  4. Adjusting entries as necessary at the end of each accounting period

Yes, the Bookkeeping: ICB FET Certificate has the following SAQA ID number: 58376.

ICB certificates are awarded by FASSET. You will also receive a programme completion certificate by the ICB.

You need to have a Bookkeeping ICB National Certificate to apply for the Bookkeeping ICB FET Certificate course.

  • FET certificate courses have a more practical and hands-on approach to learning.
  • Higher certificate courses are more academic and theoretical based learning courses.

No, you do not need Matric to study bookkeeping. Bellview offers accredited ICB courses you can study without a Matric certificate.

To find out the current course fees for the Bookkeeping: ICB FET Certificate course, contact one of our course specialists.

Yes, the Bookkeeping: ICB FET Certificate course has the following SAQA ID number: 58376.

Yes, a qualified bookkeeper will be able to prepare tax returns, as well as self assessment returns.

The main difference between auditing and accounting is that accounting involves recording and keeping accounts of financial records, while auditing involves inspecting those financial records, to ensure reports are accurate and up to date.

To become a bookkeeper, you will need to have a:

  • Bookkeeping: ICB National Certificate
  • Bookkeeping: ICB FET Certificate

The Bookkeeping: ICB FET Certificate covers a total of two subjects.

During your Bookkeeping: ICB FET Certificate course, you will cover the following subjects:

  • Financial Statements (FNST)
  • Cost and Management Accounting (CMGT)

Bookkeeping is not an overly complicated job, however, it does involve a lot of sorting and categorising, making it a strenuous job.

If you are trying to set yourself apart from other bookkeepers, having a Bookkeeping ICB Certificate is definitely worth it. ICB qualifications are internationally recognised, and will help increase your chances of gaining employment.

The Bookkeeping: ICB FET Certificate is the second course in the ICB Bookkeeping and Accounting programme. This course expands on the skills and knowledge learned in the Bookkeeping: ICB National Certificate course.

Yes, they are. Bookkeepers will always be in demand as companies always need people to manage their financial books.

A Bookkeepers salary is dependent on their experience and the career path they choose to follow. The typical salary is between R15 000 and R30 000 per month.

Yes, but once you get use to the workload it will become easier. With us, you can study at your own pace which will help make it easier to take in.

You will have to complete three Formative Assessments and two tests in order to write your final examinations.

Author: Ashley Roskruge
Editor: Connor Bergsma
Date Published: June 6, 2022