Available Bookkeeping And Accounting Courses

Bookkeeping and Accounting are an essential part of managing a business’ finances. Having skills in this field will increase your employability and job security.

Bookkeeping: ICB National Certificate

Course Summary

Course Name:
Bookkeeping: ICB National Certificate
Certificate Type:
ICB National Certificate
Course Level:
NQF level 03
Duration:
12 months

This is the first course in the ICB Bookkeeping and Accounting programme. It is specifically designed to give students the necessary introductory knowledge and foundational skills that they will use throughout the programme. 

This includes an entry-level understanding of important financial concepts and basic numerical literacy.

Course Information:

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

Exam opportunities available to you:

  • 3 Assignments
  • 2 Tests
  • Final Examination
Award TypeICB National Certificate
Award Issued By
  • FASSET will issue your National Qualification
  • ICB will issue your Programme Completion Certificate
SAQA ID58375
NQF Level03
Course Duration12 months
Credits120
Entry Requirement
  • Grade 10 or equivalent certificate
  • Learner must be 16 years or older

Bookkeeping: ICB FET Certificate

Course Summary

Course Name:
Bookkeeping: ICB FET Certificate
Certificate Type:
Further Education and Training Certificate
Course Level:
NQF level 04
Duration:
24 months

The second course in the ICB Bookkeeping and Accounting programme focuses on providing students with a more comprehensive understanding of financial and numerical fields. You will expand the knowledge gained during the first course and cover some new study fields.

Course Information:

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

Exam opportunities available to you:

  • 3 Assignments
  • 2 Tests
  • Final Examination
Award TypeICB Further Education And Training Certificate
Award Issued By
  • FASSET will issue your National Qualification
  • The ICB will issue your Programme Completion Certificate
SAQA ID58376
NQF Level04
Course Duration24 months
Credits130
Entry Requirement

Bookkeeping: ICB National Certificate

Technical Financial Accounting: ICB National Diploma

Course Summary

Course Name:
Technical Financial Accounting: ICB National Diploma
Certificate Type:
ICB National Diploma
Course Level:
NQF level 05
Duration:
28 months

The Technical Financial Accounting: ICB National Diploma is a more advanced course in the programme. This course aims to introduce students to various aspects related to accounting. You will also extend the knowledge gained during the previous course.

Course Information:

Course NameTechnical Financial Accounting: ICB National Diploma
AccreditationThe Quality Council of Trades and Occupations (QCTO) and The Institute of Certified Bookkeepers (ICB)
Examinations

Exam opportunities available to you:

  • 3 Assignments
  • 2 Tests
  • Final Examination
Award TypeICB National Diploma
Award Issued By
  • FASSET will issue your National Qualification
  • The ICB will issue your Programme Completion Certificate
SAQA ID36213
NQF Level05
Course Duration28 months
Credits251
Entry Requirement

Bookkeeping: ICB FET Certificate

Certified Financial Accounting: ICB National Diploma

Course Summary

Course Name:
Certified Financial Accounting: ICB National Diploma
Certificate Type:
ICB National Diploma
Course Level:
NQF level 06
Duration:
36 months

This final ICB course aims to teach students the more advanced aspects of accounting principles and financial literacy. Students will complete all the theoretical knowledge covered during the programme, as well as completing a short financial accounting dissertation as practical application.

Course Information:

Course NameCertified Financial Accounting: ICB National Diploma
AccreditationThe Quality Council of Trades and Occupations (QCTO) and The Institute of Certified Bookkeepers (ICB)
Examinations

Exam opportunities available to you:

  • 3 Assignments
  • 2 Tests
  • Final Examination
  • Short Financial Accounting dissertation
Award TypeICB National Diploma
Award Issued By

 

  • FASSET will issue your National Qualification
  • The ICB will issue your Programme Completion Certificate
SAQA ID20366
NQF Level06
Course Duration36 months
Credits280
Entry Requirement

Technical Financial Accounting: ICB National Diploma

Bookkeeping And Accounting Subjects

Each course in the ICB Bookkeeping and Accounting programme consists of different subjects. Where you will start with the basic foundational knowledge, your subjects will go more in depth the further you progress in the programme. 


Bookkeeping: ICB National Certificate Subjects

  • Bookkeeping to Trial Balance (BKTB)
  • Payroll and Monthly SARS Returns (PMSR)
  • Computerised Bookkeeping (CPBK)
  • Business Literacy (BUSL)


Bookkeeping: ICB FET Certificate Subjects

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


Technical Financial Accounting: ICB National Diploma Subjects

  • Income Tax Returns (ITRT)
  • Business Law and Accounting Control (BLAC)


Certified Financial Accounting: ICB National Diploma Subjects

  • Corporate Strategy (CRPS)
  • Management Accounting Control Systems (MACS)
  • Financial Reporting and Regulatory Frameworks (FRRF)
  • Research Theory and Practice (by short dissertation; topic: Financial Accounting) (RTAP)


What Will I Learn?

Each Bookkeeping and Accounting course has its own learning objectives and outcomes. All of your subjects will give you specific skills and knowledge that you will need in your career.


Bookkeeping: ICB National Certificate Learning Outcomes

  • Manual and computerised bookkeeping to trial balance
  • Disclosing profits and financial positions
  • Reconciling suppliers
  • Creating inventory and bank statements
  • Calculating PAYE, UIF, and SDL
  • Implementing payroll tax and similar deductions
  • EMP201, EMP501, IRP5, IRP6 and IT3a documents
  • Conducting VAT returns


Bookkeeping: ICB FET Certificate Learning Outcomes

  • Monthly bookkeeping
  • Disposal of assets
  • Making year-end adjustments
  • Following International Financial Reporting Standards for SMMEs
  • Correcting incomplete records
  • Analysing financial statements
  • Understanding cash flow and branch accounts
  • Compiling cost and management accounts
  • Preparing manufacturing accounts
  • Implementing costing and budgeting


Technical Financial Accounting: ICB National Diploma Learning Outcomes

  • Completing full sets of accounts for the entire financial year
  • Supporting management in finance and accounting
  • Completing SAIT taxes
  • Extensive knowledge of accounting, auditing, taxation, and business law


Certified Financial Accounting: ICB National Diploma Learning Outcomes

  • Compiling annual financial statements
  • Register as an Accounting Officer (once you meet the requirements)
  • Work with Auditors and Chartered Accountants
  • Applying extensive knowledge on accounting theory and practices
  • Determining corporate strategies
  • Meeting International Financial Reporting Standards


Benefits Of Having A Bookkeeping And Accounting Qualification

The ICB Bookkeeping and Accounting qualification is a reputable qualification that will provide you with many benefits.


Gain Theoretical And Practical Skills

The ICB Bookkeeping and Accounting course will equip you with the necessary skills in:

  • Bookkeeping
  • Income tax
  • Financial accounting
  • Reporting standards
  • Financial management
  • Corporate strategy
  • Management accounting
  • Financial research


Gain A Scarce Skill Set

Scarce skills are in high-demand in the business world. Bookkeeping and Accounting are seen as scarce skills since they are a critical part of successfully running a business, so your skills will increase your employability and job security.


Choose Your Flexibility

Depending on your workplace, you can choose to work as a full-time or part-time bookkeeper/accountant. This is a great option to have if you are furthering your studies while receiving income.


Career Opportunities In Bookkeeping And Accounting

Having Bookkeeping and Accounting skills will allow you to have a wide variety of career opportunities within the field. These careers are in high-demand, ensuring a good salary. Some career opportunities that are available to you are:

  • Accounting Officer
  • Assistant Operations Manager
  • Financial Accountant
  • Management Accountant
  • Tax Advisor
  • Tax Manager


Salary Expectations

Careers in Bookkeeping and Accounting have the following average monthly salaries:


Role And Responsibilities

The subjects covered in the Accounting and Bookkeeping courses are versatile, and their application will depend on the career path you choose to follow. Each career path has its own list of roles and responsibilities.


Accounting Officer
  • Ensuring company compliance with tax and accounting laws
  • Preparing financial statements
  • Evaluating internal systems, risks, and opportunities for improvement
  • Preparing and adjusting budgets
  • Reviewing financial records
  • Monitoring profits and expenses

Assistant Operations Manager
  • Training staff and new employees
  • Monitoring budgets, expenses, and income
  • Resolving tasks and customer issues that may escalate
  • Managing staff, schedules, and customer interactions
  • Ensuring that schedules do not overlap
  • Placing orders for necessary supplies and equipment

Financial Accountant
  • Preparing reports on a monthly basis
  • Conducting internal audits
  • Preparing organisational budgets
  • Ensuring compliance with tax regulations
  • Updating financial practices, policies, and regulations
  • Overseeing all tax payments
  • Monitoring accounts to correct inconsistencies

Management Accountant
  • Advising on how to increase profits by minimising expenses
  • Analysing and preparing accounts
  • Conducting risk analysis and forecasting
  • Compiling budget reports
  • Analysing trends in the market
  • Analysing financial performance

Tax Advisor
  • Structuring affairs to minimise tax liability
  • Preparing tax-related documents
  • Frequently researching tax legislation for implementation
  • Helping clients to understand their financial futures
  • Submitting tax returns
  • Calculating various tax-related statistics

Tax Manager
  • Ensuring that tax services are compliant with the law
  • Identifying tax risks to plan ahead
  • Reviewing income tax returns
  • Coordinating tax audits
  • Maintaining tax balances on the general ledger
  • Assessing performance of accounting staff
  • Developing new practices regarding taxes

ICB Bookkeeping And Accounting Curriculum

Once students have successfully registered for an ICB programme, they will have a range of assessments, assignments, and a final examination. This will determine your understanding of the subjects you have covered.


ICB Bookkeeping And Accounting Assessments To Be Completed

ICB students are required to complete two tests during each ICB course. These are in the form of multiple-choice tests which will be completed on MACCI. Tests will be marked automatically, so students will receive their marks immediately after completing the test.

Students can complete their tests at any time before their final examination. Since these tests prepare students for their final exam, they do have a time limit, which will be stated in your course programme.


ICB Bookkeeping And Accounting Assignments To Be Completed 

Students will have to complete three assignments for each ICB Bookkeeping and Accounting course. 

The first two assignments will be completed online and students will receive their marks directly after submission. The third and final assignment should be downloaded from your digital Portfolio of Evidence (PoE) and completed offline. Students should then upload this assignment to their PoE as a PDF document. This assignment will be marked manually, so you will be notified once your marks are available.

If students do not submit their assignments before the final examination, it will result in failing the subject.


ICB Bookkeeping And Accounting Exams

Each ICB course requires students to complete a final exam. Students must register for an exam date and venue.

If all of your necessary assignments, assessments and all administrative details have been uploaded to your PoE before or on the due dates, you will be able to write your final exam from home. 

If your PoE is incomplete by the time of your final exams, you will be excluded from the exam opportunity and will have to redo certain subjects or the entire course.

Since the ICB updates their exam content every year, there is no access to ICB past exam papers. Your PoE consists of thorough assignments and open-book tests, so when you are working through all the necessary materials, you will get thorough preparation for your final exams. As long as you study your course materials, you will be set for your final examination.

Why Choose To Study With Bellview Institute of Distance Learning?

Studying with Bellview Institute of Distance Learning has many benefits. We prioritise giving students the best study experience possible.

NATED Financial Management

Meet Your Bookkeeping And Accounting Course Tutors


Bellview Institute of Distance Learning ICB Bookkeeping And Accounting Facebook Group

After registering with Bellview Institute of Distance Learning, you will be able to join our Bookkeeping and Accounting Courses Facebook Group. This will allow you to engage with your tutors and fellow students. Our Facebook group is the perfect place to ask questions, stay updated on your course, and engage in group discussions.

Bellview Institute of Distance Learning Application Process

There are a variety of ways to apply for a study course with Bellview Institute of Distance Learning. You can choose to:

  • Call us on our toll-free line at 080 039 0027
  • Contact one of our qualified course specialists
  • Call or WhatsApp us: 065 656 9818


How Do I Study For Bookkeeping And Accounting?

Once you have applied for your Bookkeeping and Accounting course, it is time to start your studies. You can follow these steps to begin your study journey:

  • Register on the ICB student portal – The ICB Student Portal contains all the study information you will need, as well as assignment details and due dates. You can find this information after registering and logging in.
  • Check your student information – Make sure that all your details are correct once you have registered. Double – check the information and contact your training provider immediately if you are unsure about certain details.
  • Create your PoE – Your PoE consists of all your administrative information and assignments. You will need to update your PoE regularly in order to qualify for your final exams.


When Can I Start Studying Bookkeeping And Accounting?

The ICB does not offer training in their courses, but rather works through other institutions that are registered with the Department of Higher Education and Training (DHET). 

Bellview Institute of Distance Learning is fully accredited to offer the ICB Bookkeeping and Accounting programme, so you can start your Bookkeeping and Accounting course with Bellview.

Frequently Asked Questions

To start the first course in the ICB Bookkeeping and Accounting programme, you will need a grade 10 certificate. You do not need any prior knowledge on bookkeeping, but you have to be at least 16 years of age to start this course.

Four basic steps of Bookkeeping include:

  • Analysing financial transactions
  • Creating journal entries regarding debits and credits
  • Posting entries to ledger accounts
  • Adjusting entries once the accounting period ends

ICB courses are accredited by the Quality Council of Trades and Occupations (QCTO) and the Institute of Certified Bookkeepers (ICB).

No, you do not need a Matric Certificate to start your ICB Bookkeeping course. You simply need a grade 10 certificate and must be over the age of 16.

Bookkeeping is in high-demand and any business will benefit from hiring a Bookkeeper. This means that you are more likely to get a job, have job security, and get a good salary with a Bookkeeping qualification.

Bookkeepers and Accountants often work together. However, although some general Accounting skills are beneficial, Bookkeepers need to be accurate and familiar with key financial topics. As long as they have an accurate understanding of the Bookkeeping concepts, their work will be sent to an Accountant for review.

After completing a Bookkeeping and Accounting course, you can become a:

  • Tax Consultant
  • Audit Clerks
  • Financial Accountant
  • Payroll Administrator
  • Management Accountant

The main purpose of accounting is to collect financial information and report on the performance, cash flow, and financial position of the business. This can be used to make more effective decisions on how to manage the business.

Bookkeepers and Accountants usually work in close connection with each other. Bookkeeping focuses more on recording and organising financial data while Accounting is more focused on the presentation and interpretation of data to the business owners.

The ICB Diploma is on an NQF level 06.

Some high-demand Bookkeeping and Accounting careers include:

  • General Accountant
  • Tax Professional
  • Financial Accountant
  • Accounting Officer
  • Auditor
  • Management Accountant

It is designed in such a way that every stage of graduation counts as a work-ready qualification meaning you can start working very soon.

It also has very accommodating entry requirements allowing students to register for the course even if they do not have a Matric Certificate.

The basics of Bookkeeping include recognising and analysing:

  • Assets
  • Liabilities
  • Equity
  • Expenses
  • Revenue
  • Cost

Most bookkeepers qualify with only a diploma or a certificate. A degree is not needed.

You will need a grade 10 certificate or equivalent to apply at Bellview to start a course in ICB Bookkeeping and Accounting.

No, they are two different things. Accounting is when you record, analyze and summarize the financial transactions of a company, as well as consult and report any changes that have occurred or that need to be made. Bookkeeping refers to the record-keeping portion. Bookkeepers record and catalogue all of a business’s daily transactions.

Some similarities between the fields of Bookkeeping and Accounting include:

  • Working with financial data
  • Goal of improving the financial health of the business
  • Make use of accounting knowledge
  • Tax compliance

The average monthly salary for a Bookkeeper in South Africa is between R14 600 and R22 400 per month.

Accountants can earn between R23 500 and R36 600 per month.

The 4 main types of accounting include:

  • Cost Accounting
  • Financial Accounting
  • Tax Accounting
  • Managerial Accounting

To start your bookkeeping career, you can register for the Bookkeeping: ICB National Certificate. After completing that course, you can apply for an entry-level job.

A Junior Bookkeeper will earn an average monthly salary of R14 000. The salary will depend on the duties and the employer.

If you want to become an accountant, you can start by registering for our ICB Bookkeeping and Accounting courses. After completing the courses, you will have to complete internships and pass the relevant exams for your chosen speciality.

To be a bookkeeper, you will generally need to complete the Bookkeeping: ICB National Certificate and the Bookkeeping: ICB FET Certificate courses. Upon completion, you can apply for a job as a Junior Bookkeeper.

The following subjects will be covered in the ICB Bookkeeping courses:

  • Bookkeeping to Trial Balance
  • Payroll and Monthly SARS Returns
  • Computerized Bookkeeping
  • Business Literacy
  • Financial Statements
  • Cost and Management Accounting

To become a Bookkeeper, it can take between 16 and 40 months. The Bookkeeping: ICB National Certificate will take you 16 months to complete, while the Bookkeeping: ICB FET Certificate will take you 24 months to complete.

Yes, it is. Bookkeepers are in high demand. You have an increased chance of getting hired when you have a bookkeeping qualification.

Bellview Institute of Distance Learning offers ICB Bookkeeping courses that you can study to become a recognised and qualified bookkeeper.

Yes, you can. Bellview Institute of Distance Learning offers Bookkeeping courses that can be completed online via distance learning.

Bookkeepers should have the following skills:

  • Organisational skills
  • Critical thinking skills
  • Attention to detail
  • Time management skills
  • Problem-solving skills
  • Communication skills

Yes, it can be. As with many jobs, things can become stressful but as long as you have a passion for bookkeeping it will not be stressful.

You will need a Grade 10 or equivalent and you will need to be a 16 years old or older.

The Technical Financial Accounting course is 28 months long and the Certified Financial Accounting course is 36 months long.

No. Our courses are affordable and we offer payment options that will make it easier for you to pay for your course. For more information on tuition and registration fees, contact our course specialists.

The single-entry and double-entry bookkeeping systems are the two methods commonly used. While each has its own advantage and disadvantage, the business has to choose the one which is most suitable for their business.

Some reasons to study a bookkeeping course include:

  • Every business needs a bookkeeper
  • Opportunities for advancement are plentiful and many bookkeepers go on to become auditors or accountants
  • High earning potential
  • Room for growth

Yes, for the ever so busy small business owner, finding the time and energy to properly maintain your books can be a formidable task.

Accountants analyze, interpret, and summarize financial data, whereas bookkeepers record and organize financial data. They frequently collaborate with each other on the same set of data, with bookkeepers gathering the most relevant information and working to make it available to accountants.

Yes. Bookkeeping is currently an in demand job. This means that people with skills and knowledge in bookkeeping have a lot of job opportunities.

A Bookkeeper could earn between R 14 000 and R 20 000 per month, depending on their experience and the business they work for.

Yes, they are accredited by the Institute of Certified Bookkeepers (ICB) and by the Quality Council for Trades and Occupations (QCTO).

These are the ICB Bookkeeping and Accounting available:

  • Bookkeeping: ICB National Certificate
  • Bookkeeping: ICB FET Certificate
  • Technical Financial Accounting: ICB National Diploma
  • Certified Financial Accounting: ICB National Diploma

The Finance and Accounting Services Sector Education and Training (FASSET) will issue your National Qualification and your completion certificate will be issued by the ICB.

These are the skills an Accountant needs:

  • Time Management skills
  • Analytical Thinking skills
  • Problem-solving skills
  • Organisational skills
  • Listening skills
  • Communication skills

The Bookkeeping: ICB National Certificate course has 120 credits.

The Bookkeeping: ICB National Certificate subjects are:

  • Bookkeeping to Trial Balance
  • Payroll and Monthly SARS Returns
  • Computerised Bookkeeping
  • Business Literacy

The Technical Financial Accounting: ICB National Diploma subjects are:

  • Income Tax Return (ITRT)
  • Business Law and Accounting Control (BLAC)
Jan Badenhorst, Principal of Bellview Institute Of Distance Learning, discusses everything you need to know about our ICB Courses
 

Author: Karla Nortier
Editor: Connor Bergsma
Date Published: June 3, 2022