What is Bookkeeping About?
Bookkeeping basically deals with the recording and record-keeping of a company’s finances. You will perform duties such as processing payroll, preparing and sending invoices, and looking at financial figures to check for accuracy. The practice of bookkeeping gives companies insight of their financial health.
What is the Difference Between a Bookkeeper and an Accountant?
To explain it simply, a bookkeeper is a junior accountant, while an accountant is a senior bookkeeper. Accountants have specific training and qualifications which allow them to take on more complex duties such as managing financial systems, giving financial advice to businesses, and analysing financial risk.
Every company needs someone to handle their finances. That’s why there are multiple career opportunities for bookkeepers across all industries. Your next job opportunity could either be at a large finance firm or the local bakery in your area. Read more information about the career opportunities in this field here. Some of the jobs you could take are:
A bookkeeper is responsible for recording company’s financial expenses. They reconcile the cash book using bank statements and other receipts. They also process the financial month end records and report to accountants. Here is more information about a career in bookkeeping.
As a debtors clerk your main priority will be collecting money owed to the business or organization. You will do this by making follow up calls and keeping record of all transactions made. Click here and read about the benefits and functions of this career.
You could work your way up and take on an accountant role. But first, you will have to study further. Have a look at other courses you could do to become an accountant. As we have already mentioned above, accountants have specific training and qualifications which make them qualified to take on bigger duties.They also review the bookkeepers records to check if they’re accurate and present them to executives. Click here to read more about a career as an accountant.
Why Should I Study a Bookkeeping Course?
Any business in any sector you can think of will always be in need of someone who can record, manage, and help them make sound decisions with their finances. You can take your qualifications and skills, and apply to find work in a wide range of industries.
Earn a Stable Income
If stability and a respectable income is one of your personal requirements for a job, then this is the career path to explore. Your salary will be determined by your seniority and experience. Salaries also vary from company to company.
Potential for Career Growth
Bookkeeping careers can often transition into higher paying roles that require you to take on more responsibilities. If you’re ambitious and have dreams of becoming an accountant one day, enrolling in one of our Bookkeeping Courses is a step in the right direction.
Invest in Yourself
If numbers are what you are skilled and passionate about, then you might want to invest in yourself and your future. The best investment you can make is to enroll in any of our Bookkeeping Courses. Not only will it help you pick up a few skills, but it will make you a competitive candidate in the job market.
Can I Study ICB Bookkeeping Courses if I do not Have a Matric Qualification?
Yes, you most certainly can! You can start your tertiary studies without a Matric certificate. The academic level of Matric is NQF level 4, while the ICB beginner level bookkeeping course starts at NQF level 3. The ICB has made their courses available to include students who did not complete school, and who need to study and work at the same time.
How far can you go With a Bookkeeping Course?
Our Bookkeeping Courses can help you advance your career and improve your skill set You can start out having the skill to perform junior bookkeeper level tasks and eventually progress up to performing financial accounting level tasks. The ICB National Certificate: Junior Bookkeeper allows you to gain entry-level jobs in the accounting sector. While you are gaining experience and making money, you can further your education. You will eventually be able to apply for positions, such as financial accountant and tax consultant.
The ICB now allows you to go even further and study for a Bachelor of Accounting Degree with Boston College. The entry requirement to qualify is the ICB National Diploma: Financial Accounting.
Can you Study Further After Completing Your Studies?
You can use the qualifications earned with the ICB and apply for membership with professional bodies. These professional bodies have qualifications you can study to further your career. The credits earned with the ICB can help when applying for their courses. Here are some of the professional bodies you can apply to:
- South African Institute for Business Accountants (SAIBA)
- South African Institute for Tax Professionals (SAIT)
- Chartered Institute of Management Accountants (CIMA)
How to Become a Bookkeeper
It is important to know and assess yourself when choosing a career. The first thing you will have to do is look at the job requirements and figure out what recruiters value. See where you fit in to the equation, figure out which skills you can work on. If you do not meet their requirements, keep in mind that skills are easily taught and experience is something you can gain with patience. Here’s what recruiters are looking for.
It’s highly unlikely that you will walk into the high paying job of your dreams just after you’ve received your certificate. You will start off with an entry-level position, but even for that you will need some sort of industry-related experience. Your best bet is to look for unpaid opportunities to expand your skill set. Apply for the following opportunities to build your skill set.
- Graduate Programs
Want to know if you have what it takes to make it in any industry as a bookkeeper? Just like with any job, you will need a combination of soft and technical skills that will appeal to employers. Every employer or recruiter might look for something different depending on the role. If you want to be considered, you can always start by making sure you have some of the following universal skills.
Since their main duty consists of keeping track of a company’s finances, a bookkeeper should be a highly organised individual. Those who love filing and organising are the perfect candidates for the job. If this is a task you struggle with, you will have to work harder to perfect your skills.
It’s time to let out your inner mathematician. Numerical skills are probably the number one skill all bookkeepers need. You should be comfortable with your numerical ability even if you’re not expected to count manually. You will work with tools such as calculators, spreadsheets, and accounting software.
Attention to Detail
In bookkeeping, a simple mistake could cause a lot of harm. It is important to make sure you spot errors from the start before they lead to an even bigger problem in the future.
Reasons to Enroll in our Bookkeeping Courses
There are multiple reasons you and your busy lifestyle can benefit from our distance learning. We offer accredited Bookkeeping Courses you can complete to advance your career while you’re still working.
Earn While you Learn
Many students have to choose between working full-time and studying. Our students have the luxury of choosing both. You will have plenty of free-time during the day since you’re not obligated to attend class every day. You can use your free-time to work full-time, apply for internships, or even start your own business.
We go the Distance
You don’t have to give out extra costs to attend class or pick-up your study material. We will send your books to a pick-up point in your area. Since you won’t attend any classes, we have a team of course experts who are always keen to assist. If you have any study-related questions, you can email or text your lecturers.
Would you Like to Study an ICB Bookkeeping Course?
If you would like to study with us you can fill in the form on this page, fill in our online registration form or give us a call toll free on 0800 39 00 27.
Last Updated: May 4, 2020