Everything You Need To Know About ICB Courses

Before choosing a course to study, it is important to do a good amount of research first. So get clued up on everything you need to know about ICB courses.

The Institute of Certified Bookkeepers (ICB) has been offering courses in Southern Africa since 1931. They are an external examination body that offers prestigious qualifications. Here is everything you need to know about ICB Courses so you can get on the path to success. 

Why Should I Study An ICB Course?

Many recruiters prefer to hire people who have studied with ICB. Also, in the last five years, more than 25 000 students have successfully graduated from ICB Courses. This high pass rate is proof of how these quality courses lead to successful results. If you need more convincing, check out more reasons below:

  • Accredited
  • No Strict Entry Requirements
  • Flexible Study Options
  • Gain Relevant Knowledge

Accredited

ICB Courses are accredited by the National Qualifications Framework (NQF). Each course also has a unique South African Qualifications Authority (SAQA) ID number. So you can be sure that the skills you are gaining in your course meet very high standards.  

No Strict Entry Requirements

The minimum entry requirement for ICB courses is Grade 10 and to be at least 16 years old. There are no strict entry requirements because ICB believes that everyone deserves a chance to study further and earn a prestigious qualification. 

Flexible Study Options

Not everyone who decides to study further can afford to do so full-time in the classroom. ICB knows this, which is why their training providers exist to suit every student’s study needs. You can study ICB Courses: 

  • Part-time
  • Full-time
  • Distance Learning 

Gain Relevant Knowledge

ICB updates their curriculum and syllabus every year. This is to ensure that you are learning only the latest, most relevant information in the industry. So when you start applying for jobs, you can step into the workplace with confidence because you have all the skills you will need. 

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Which ICB Courses Can I Study?

There are three main ICB programmes for you to study. They are designed to teach you top-quality business, finance and admin skills for a successful career. 

Bookkeeping And Accounting Courses

If you love numbers and are keen to turn your passion into a full-time career, the bookkeeping and accounting courses are a great place to start. This programme is three years long, and at the end, you will graduate with a national diploma at an NQF Level 6. 

Business Management Courses

Gain the skills you need to oversee a company and make sure employees stay productive to reach the goals of a business. Here you will learn subjects such as office and legal practice, financial management and control, marketing management and public relations and so much more. 

Office Administration Courses

Become the hero every office needs with ICB’s Office Administration Courses. In just three years you can be a qualified office manager. Once you finish this programme, you will have a national diploma registered at an NQF Level 6. 

What Are The Entry Requirements For ICB Programmes?

Each programme has different entry requirements. And the best part is that for most of the courses, you do not even need a matric certificate to get started. If you do not meet the minimum requirements for these courses, do not panic, you can enrol for the ICB Bridging Course

  • Bookkeeping Courses – You must have completed grade 10 and be at least 16 years old.
  • Accounting Courses – Successful completion of the ICB Bookkeeping course
  • Business Management Courses – Grade 11
  • Office Administration Courses – Grade 12

Do You Need Maths To Study Bookkeeping?

No you do not need maths to study bookkeeping. But if you have a keen interest and passion for numbers, it will make this course a lot more fun to study.

Are ICB Courses Recognised?

Yes, ICB courses are recognised both nationally and internationally. This means you can start a successful career right here in South Africa or start a brand new life abroad. A few of the organisations that will recognise your ICB qualifications are:

  • CIMA – Chartered Institute of Management Accountants
  • IAB – International Association of Bookkeepers
  • IAAP – International Association of Accounting Professionals
  • ACCA – Association of Chartered Certified Accountants
  • SAIT – South African Institute of Tax Professionals
  • SAIBA – Southern African Institute for Business Accountants

Is ICB SETA Accredited?

Yes, ICB is SETA accredited. Once you finish your studies, ICB will print your certificate on behalf of Fasset, who is the Seta for finance, accounting and management qualifications.

Does Unisa Recognise ICB Qualifications?

It is possible for Unisa to recognise your ICB qualifications through their RPL process. But this is not an automatic process. it is up to you to make sure that you meet all the requirements.You must fill out an application and wait to see if you were accepted to receive exemptions.

What NQF Level Is ICB?

ICB Courses range from the NQF Levels 3-6. It all depends on which course you study and how far you decide to study. The table below shows a full breakdown of each course:

NQF Level 3NQF Level 4NQF Level 5NQF Level 6

Junior Bookkeeping Course

Senior Bookkeeping Course

Technical Financial Accounting

Certified Financial Accounting

 

Small Business Financial Management Certificate

Higher Certificate in Business Management

National Diploma in Business Management

  

National Certificate in Office Administration

National Diploma in Office Administration

  

Higher Certificate in Office Administration

 

What Can I Do With An ICB Qualification?

The doors of opportunity are open wide with an ICB qualification. Once you finish your course, you will have all the skills you need to start a career in a variety of industries. Some of the jobs you can pursue are:

  • Taxation Clerk
  • Accounts Clerk
  • Receptionist
  • Personal Assistant 
  • Supply Chain Manager
  • Marketing Manager
  • Bookkeeper
  • Financial Accountant
  • Payroll Clerk
  • Accounting Technician
  • Cost Clerk
  • Business Manager
  • Office Administrator

How Do I Register As A New ICB Student?

Registering as a new ICB student is a very simple process. There is no need to stand in long lines on a campus, you can do it all online. 

  • Log in to the ICB student portal
  • Click ‘register for a course’.
  • Choose the programme you want to study.
  • Select the college you will be studying with.
  • Confirm your registration.
  • Pay your registration fee.
  • You can now book your first exam.

How Much Are The ICB Course Fees?

This depends on the college you study with. ICB themselves do not charge for course fees, since they do not provide lessons. It is best to get in touch with the college you want to study with and ask them for a quote. 

How Much Is The ICB Registration Fee 2023?

The ICB registration fee in 2023 is R430. It is only necessary to pay this fee once a year. 

Can I Study Directly Through ICB?

No, you cannot study directly through ICB. They are an external exam body, not a college. So it is best to enrol for ICB Courses through a college. A college will give you all the support you need to succeed in your studies. They will also make sure that you have the correct study material and receive all important updates about any changes within ICB. 

Can I Self-Study ICB Courses?

It is possible to self-study ICB Courses, but this is not recommended. Since ICB is only an external exam body, self-study students do not have support when it comes to coursework. If you are looking for an affordable and more flexible way to study with ICB, distance learning is the way to go. There are no classes, and you can create your own study schedule. 

How Do I Qualify To Write ICB Exams?

As soon as you have paid your annual registration fee, you can book your first ICB exam. You must also complete your portfolio of evidence before its due date to be able to gain access to the exam. 

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What Is A Portfolio of Evidence?

A portfolio of evidence, or a PoE, is an online collection of all the tests and assignments for your ICB course. You will receive a separate PoE for each subject in your programme. 

What Is In My ICB PoE?

Your PoE has four different sections. You have to complete each section before the due date, otherwise you will not be able to write your final exam. The PoE consists of:

  1. Section A: Course Admin
  2. Section B: Three assignments and two tests
  3. Section C: Exam Preparation
  4. Section D: Final Exam

What Is ICB MACCI?

MACCI is the platform you must use to complete your portfolio of evidence. You will gain access to MACCI as soon as you register as an ICB student. Always make sure to use Google Chrome while completing your PoE, otherwise you might not be able to access all the sections. 

What Is The ICB PoE Checklist?

Each section if your portfolio of evidence has different activities you must complete. After you complete each task, you must tick it off on the PoE checklist. If everything is not ticked off, the ICB system might think that you did not finish your PoE. This means that you will be excluded from writing the final exam. 

How Can I Register For ICB Exams?

If you are a classroom-based student, your college will book your exams for you. Distance and self-study students are allowed to book their own exams via the ICB student portal. All you have to do is:

  1. Make sure you are a registered ICB student.
  2. Log in to the ICB student portal.
  3. Click ‘enter assessment’ on the left side of your screen.
  4. Choose the subject you want to book an exam for.
  5. Pick an exam venue.
  6. Click ‘search for available assessment dates’.
  7. Choose the date when you would like to write the exam.
  8. Click ‘add to basket’.
  9. Check the contents of your basket.
  10. If you made a mistake, click on the ‘X’ to remove an exam from your basket.
  11. If everything is correct, click ‘checkout’.
  12. Click ‘next step’ to double-check your booking.
  13. Click ‘submit’ if all your details are correct.
  14. Pay your exam fee via credit card, debit card or EFT.

How Much Are The ICB Exam Fees 2023?

In 2023, the basic exam fee is R785 per subject. But you might have a few extra fees to pay, depending on your circumstances. See the table below for more fee information.

Exam FeesR 785
Exam Postponement Fee (per subject)R 330
Exam Late Entry FeeR 560
Remark Fee (per subject)R 1200
Private Invigilator FeeR 2100
ICB Programme Certificate (including postage)R 400
FASSET Certificate Reprint (including postage)R 400
Workplace PoE Assessment (Learnerships)R 1450

When Do ICB Exam Registrations Close 2023?

There are different closing dates which depend on which month you want to write your exam. The dates are given below so you can add them to your calendar and plan ahead.

Exam MonthExam TypeClosing Date
April 2023Online24 February 2023
May 2023Paper31 March 2023
June 2023Online28 April 2023
July 2023Online26 May 2023
August 2023Paper7 July 2023
September 2023Online28 July 2023
October 2023Online25 August 2023
November 2023Paper29 September 2023
December 2023Online27 October 2023

What Is The Pass Mark For ICB Exams?

In order to pass your ICB exams, you must receive a mark of at least 50%.

What Happens If You Fail An ICB Exam?

If you fail your ICB exam, you still have options. It is not the end of the world. You can either rewrite the exam or request a re-mark.

When Will I Receive My ICB Exam Results?

It takes ICB about seven weeks to release your final results after you have written your exams. But the good news is that there are exact dates, so you know when you will receive that all-important email.

Exam MonthResults Release Date
April 202319 May 2023
May 202323 June 2023
June 202321 July 2023
July 202318 August 2023
August 202329 September 2023
September 202320 October 2023
October 202317 November 2023
November 20235 January 2024
December 202319 January 2024

Are ICB Exams Open Book?

No, ICB exams are not open book. But if you work hard at your PoE and start studying well in advance, you will be able to pass your exams with flying colours. Before you write your exams, make sure that you get familiar with all the exam rules and the ICB assessment policy

Please note: All ICB exams, including the online exams are strictly monitored by invigilators. If you are caught cheating, there will be serious consequences that could result in you being disqualified from your course. 

How Long Is An ICB Exam?

ICB exams are three hours long. But there is an extra 30 minutes put aside to help you set up and get prepared to write. 

How Can I Pass ICB Exams?

The best way to pass your ICB exams is not to do any last-minute studying. And if you do not understand your coursework, contact your tutor or lecturer to help you. When you study with Skills Academy, you can fill out our Red Alert Form so we can answer all your urgent questions immediately. 

Where Is The ICB Exam Centre?

If you are writing the online exams, you will be writing from the comfort of your home, or at any venue of your choice which has a PC that meets the technical requirements. If you choose to write the paper-based exams, you will write at one of the venues below:

  • Glenwood Presbyterian Church
  • Goodwood Sports Club
  • IBTC Sandton
  • Akasia Country Club
  • Benoni Central Methodist Church
  • Damelin – East London

If you noticed that the list above is shorter, well that is because physical exam venues have been reduced to main centres only. There is also limited space available at these venues, as ICB is still complying with Covid-19 regulations to keep everyone safe. If you find that you live far away from the venues above, it is best to choose the online exam option. 

If you are ready to dive right in and register for ICB Courses, look no further than Skills Academy. We are an accredited ICB training provider and distance learning college. With our highly qualified lecturers and tutors, you can ace your studies from the comfort of your own home. 

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Frequently Asked Questions

The ICB financial accounting programme is your gateway to a career in finance. You start with the bookkeeping courses and then work your way up to the accounting courses. Here you will be taught subjects such as: 

  • Bookkeeping To Trial Balance
  • Payroll and Monthly SARS Returns
  • Computerised Bookkeeping
  • Business Literacy
  • Financial Statements
  • Cost and Management Accounting
  • Income Tax Returns
  • Business Law and Accounting
  • Corporate Strategy
  • Management Accounting and Control Systems
  • Financial Reporting and Regulatory Frameworks
  • Research Theory and Practice

The ICB student portal is the most efficient way to manage your ICB course. It is an online platform where you can:

  • Register for ICB courses
  • Exam bookings
  • View your exam results
  • Update your personal details
  • Payments to the ICB
  • Track your academic progress

ICB does not have a contact number, as they do not deal with queries over the phone. If you need their help, you can contact them via their online form, and they will get back to you. You can also try to describe your problem to BennyBot, their online chat service. If you are a registered student, the best way to have your questions answered is through your training provider.

You can study ICB courses via distance learning at:

  • Skills Academy
  • Bellview Institute of Distance Learning
  • Matric College

ICB does not offer degree programmes, their courses only go up to the diploma level which is an NQF Level 6. These diploma courses are still very prestigious and will give you the skills you need to find a good job.

Unisa no longer offers ICB Courses. But if you are looking to study with ICB via distance learning, you can enrol with us right here at Skills Academy.

Last Updated: 23 March 2023

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