ICB Accredited Financial Accounting courses help you build skills for a career in finance. Skills Academy’s ICB Financial Accounting courses are accredited by the Quality Council for Trades and Occupations (QCTO).These courses teach you how to manage money, do bookkeeping, and understand financial statements. In this guide, you will learn about the courses, entry requirements, and career options.
ICB Accredited Financial Accounting Courses Online
You can study ICB Financial Accounting courses online, which means you can learn from home. These courses are flexible, so you can study at your own pace. Below is a table that explains the different courses:
| Courses | Course Description | Entry Requirements |
|---|---|---|
| Junior Bookkeeper Course: ICB National Certificate | Learn bookkeeping, payroll, computerised accounting, and business basics. Prepares you for entry-level jobs in finance. | No previous qualifications needed. You must be able to read and write in English. |
| Certified Senior Bookkeeping: ICB Certificate | Covers financial statements, cost management, and bookkeeping. Helps you move up in bookkeeping. | You need to complete the Junior Bookkeeper Course first. |
| Technical Financial Accounting: ICB National Diploma | Teaches tax returns, business law, and financial accounting. Prepares you for jobs like financial officer or accounts manager. | You need to complete the Certified Senior Bookkeeping Certificate first. |
| Certified Financial Accounting: ICB National Diploma | Covers corporate finance, financial reporting, and management accounting. Helps you become a financial accountant. | You need to complete the Technical Financial Accounting Diploma first. |
These courses help you learn step by step. You can start with bookkeeping and work your way up to financial accounting. Online learning makes it easy to fit studies into your schedule.
ICB Financial Accounting Modules
Each ICB course has different subjects that teach important finance skills. You will learn bookkeeping, tax, financial reporting, and business law. Below is a breakdown of what you will study at each level.
Junior Bookkeeper Course: ICB National Certificate
This course is a great way to start your career in finance. It teaches the basics of bookkeeping, payroll, and computerised accounting. You will also learn about business communication.
Introduction to Business English
Good communication is important in finance. This subject teaches you how to write emails, reports, and financial documents. You will also learn common business terms.
Bookkeeping to Trial Balance
Bookkeeping is about keeping track of money. This subject teaches you how to record transactions and balance accounts. It is an important part of financial work.
Payroll and Monthly SARS Returns
This subject teaches you how to calculate salaries, tax, and UIF. You will also learn about SARS (South African Revenue Service) rules. Payroll skills are needed in many jobs.
Computerised Bookkeeping
Many businesses use accounting software instead of paper records. This subject teaches you how to use digital tools for bookkeeping. Knowing how to use these programs can help you get a job.
Business Literacy
This subject helps you understand how businesses work. You will learn about business ethics, teamwork, and problem-solving. These skills are useful in any job.
Certified Senior Bookkeeping: ICB Certificate
This course builds on what you learned in the Junior Bookkeeper course. You will study financial statements, cost management, and bookkeeping in more detail.
Financial Statements
This subject teaches you how to prepare reports that show a business’s financial health. You will learn about balance sheets, income statements, and cash flow.
Cost and Management Accounting
Managing money is important for businesses. This subject teaches you about budgeting, saving costs, and making financial plans. It helps businesses stay profitable.
Technical Financial Accounting: ICB National Diploma
This course covers tax, business law, and financial reporting. It prepares you for mid-level finance jobs.
Income Tax Returns
Understanding tax is important in finance. This subject teaches you how to calculate tax for individuals and businesses. You will also learn about VAT and SARS rules.
Business Law and Accounting Control
Businesses must follow laws to avoid legal problems. This subject teaches you about contracts, financial regulations, and corporate governance.
Certified Financial Accounting: ICB National Diploma
This is the highest ICB qualification in Financial Accounting. It prepares you for top finance jobs like financial manager or accountant.
Corporate Strategy
This subject teaches you how businesses make financial decisions. You will learn how to analyse a company is performance and plan for the future.
Management Accounting Control Systems
Managing costs is important in any business. This subject teaches you how to control expenses, manage budgets, and improve efficiency.
Financial Reporting and Regulatory Frameworks
Businesses must follow certain financial rules. This subject teaches you about financial laws and reporting standards.
Research Theory and Practice (by short dissertation; Topic: Financial Accounting)
For this subject, you will complete a research project. You will apply what you have learned and develop problem-solving skills. This helps you gain real-world experience.
Is An ICB A Diploma?
Yes, ICB offers diplomas in financial accounting. If you complete all the required courses, you will earn an NQF Level 6 Diploma. This qualification is recognised in South Africa and can help you get a better job.
What NQF Level Is ICB?
Skills Academy ICB qualifications range from NQF Level 3-6. ICB qualifications are registered on the National Qualifications Framework (NQF). Each course has a different NQF level. Here is a breakdown of the NQF Levels for our ICB Financial Accounting Courses:
- Junior Bookkeeper Course: ICB National Certificate: NQF Level 3 – This is the starting level for bookkeeping.
- Certified Senior Bookkeeping: ICB Certificate: NQF Level 4 – This course adds more bookkeeping and financial skills.
- Technical Financial Accounting: ICB National Diploma: NQF Level 5 – This level includes tax returns and business law.
- Certified Financial Accounting: ICB National Diploma: NQF Level 6 – This is the highest level and prepares you for senior finance roles.
These levels show how advanced each course is. The higher the level, the more skills you gain.
Can I Learn Accounting In 3 Months?
No you cannot complete an ICB Accounting course in 3 months. The shortest accounting course you can complete is the Junior Bookkeeper Course which is 16 months. You can learn basic finance in 4 months with our financial management short courses. If you want a long-term career in finance, you need to study further.
Junior Bookkeeper Course: ICB National Certificate
This is the first step in your accounting career. It covers bookkeeping, payroll, and business communication. No previous qualifications are needed. As I said earlier it takes 16 months to complete.
Certified Senior Bookkeeping: ICB Certificate
This 24 month bookkeeping course builds on bookkeeping skills. You will learn how to prepare financial statements and manage costs. It is ideal for those who want to grow in the finance industry.
Technical Financial Accounting: ICB National Diploma
This 28 month diploma includes tax returns, business law, and advanced financial reporting. It prepares you for jobs like financial officer or accounts manager.
Certified Financial Accounting: ICB National Diploma
This is the highest level of ICB Financial Accounting. The course covers corporate finance, financial reporting, and management accounting. It takes 36 months to finish. Graduates can apply for professional accounting memberships.
ICB Financial Accounting courses help you build a strong career in finance. Whether you start with bookkeeping or aim for a diploma, these qualifications can help you achieve your goals.
ICB Courses
ICB courses help you learn the skills needed for office jobs, business management, and financial work. These courses are designed to teach you step by step, starting from the basics and moving up to advanced levels. Here is a look at the different courses you can study.
| Courses | Course Description |
|---|---|
| Junior Office Administration: ICB National Certificate | Learn the basics of working in an office. You’ll cover things like organising documents, handling emails, and keeping records. Perfect for beginners. |
| Office Administration: ICB Higher Certificate | This course goes deeper into office work. It teaches business communication, bookkeeping, and how to manage daily office tasks. |
| Office Administration: Certified Office Manager ICB Diploma | Prepares you to run an office. You’ll learn about leadership, business planning, and managing office staff. Great for those who want to be in charge. |
| Small Business Financial Management Certificate | Ideal for anyone who wants to manage money for a small business. Covers budgeting, financial planning, and keeping track of business accounts. |
| Business Management Office Admin Higher Certificate | Focuses on business and office skills. Includes lessons on human resources, financial reports, and how companies operate. |
| Business Management Financial Accounting Diploma | A great choice if you want a career in accounting or finance. Teaches financial reporting, tax returns, and managing money in a business. |
Each course helps you gain important skills for the workplace. You can start at an entry-level course and work your way up to a diploma. These qualifications prepare you for jobs in administration, business, and finance.
Can I Study Directly With ICB?
No, you can’t study directly with ICB. You need to sign up with an accredited training provider. They give you study materials, tutor support, and help you prepare for exams.
Where Can I Study ICB Courses?
You can study ICB Courses through Skills Academy. This means you can study from home, anywhere in South Africa. With distance learning, you can manage your studies at your own pace while still working or handling other commitments.
What Makes ICB Programmes So Successful?
ICB courses help students get the skills they need for real jobs. Here is why they are a great choice:
- Accredited and recognised: ICB qualifications are listed on the National Qualifications Framework (NQF) and accepted by many employers.
- Job-focused training: Courses focus on practical skills like bookkeeping, office management, and financial planning.
- Flexible study options: You can study full-time or part-time through distance learning, so it’s easier to balance your studies with work.
- Step-by-step learning: You can start with a basic certificate and move up to a diploma as you build your skills.
Can You Self-Taught Accounting?
You can try to learn accounting on your own, but it is easier with structured courses. Accounting is more than just numbers—it includes tax rules, laws, and financial systems. Studying an ICB course helps you learn everything in the right order. Why not study with a distance learning college such as Skills Academy? You can study by yourself but all your learning material is provided and there are course experts that can provide help if necessary.
Draw Up A Schedule
Make a study schedule. Set aside time each day or week for studying. This will help you stay on track and not fall behind.
Practise Maths
Practise your maths skills. Accounting and bookkeeping require working with numbers. Doing regular exercises will help you improve. You can even play sudoku to improve your math skills.
Use Various Study Material
Use online resources. YouTube videos, free tutorials, and accounting apps can help you understand tricky topics.
Participate In Study Groups
Join a study group. Studying with others can help you learn faster. You can share notes, ask questions, and help each other stay motivated.
Is ICB Recognised In South Africa?
Yes, ICB qualifications are recognised in South Africa. They are registered on the NQF and accepted by employers, businesses, and professional organisations. Completing an ICB course can open doors to many career opportunities.
Is ICB Saqa Accredited?
Yes, ICB courses are accredited by the South African Qualifications Authority (SAQA). This means they meet national education standards and are officially recognised. You can check accreditation on the SAQA website.
Is Diploma In Accounting Accredited By Saica?
No, ICB qualifications are not accredited by SAICA (South African Institute of Chartered Accountants). However, they are recognised by other professional groups like the Institute of Certified Bookkeepers and Accountants (ICBA). If you want to be a chartered accountant, you will need to study further.
How Do I Know If My Qualification Is Accredited?
You can check the course provider’s website or the course accreditor’s website. Before you start an ICB course, check if it’s accredited. Follow these steps:
- Check the SAQA website: Visit SAQA and search for your course to confirm it is registered.
- Confirm with ICB: Visit the ICB website to see if your training provider is accredited.
- Ask your training provider: A recognised college should be able to prove that their courses are accredited. Always ask before enrolling.
- Look for the NQF Level: Every accredited course has an NQF level, which you can check on the Department of Higher Education’s website.
- Check with employers: Some companies have their own lists of accepted qualifications. If you’re applying for a job, ask the employer if they accept ICB qualifications.
ICB courses are a great way to start or grow your career in finance, administration, or business. These qualifications are recognised, flexible, and designed to help you succeed in the workplace. If you’re ready to get started, contact Skills Academy today!
Can I Study ICB Without Matric?
Yes! You can study ICB financial accounting courses without matric. These courses are designed for students who want to build a career in finance, business, or office work. You can start with an entry-level course and work your way up to a diploma.
What Are The Entry Requirements For ICB?
You need grade 10 to enter the Junior Bookkeeping Accounting Course. To enrol in an ICB courses with our college you need to meet these basic requirements:
- Understand and write English
- Basic numeracy skills
- A computer or study materials
- Commitment to studying and writing exams
Understand and Write English
ICB courses are taught in English. You need to read, write, and understand the language. This will help you with assignments, exams, and business communication.
Basic Numeracy Skills
Some courses include bookkeeping and accounting. You do not need advanced maths, but you should be comfortable working with numbers. This will make financial calculations easier.
A Computer or Study Materials
Distance learning means you need access to a computer or printed study guides. If you are studying online, you will need internet access. If not, you can use textbooks and course notes.
Commitment to Studying and Writing Exams
ICB courses require dedication. You will complete assignments and write exams to earn your qualification. Time management and regular studying will help you succeed.
Can I Be An Accountant With A Diploma In Accounting?
A diploma in accounting can help you start a career in finance. However, to become a chartered accountant, you need more qualifications through SAICA. With an ICB Financial Accounting Diploma, you can work as a bookkeeper, accounts officer, or payroll manager.
What Do You Need To Be A Financial Accountant?
To be a financial accountant you will more than likely need to complete a financial accounting degree at a university if you want to move up in the finance career field. If you want to work as a financial accountant, you need:
- An accredited accounting qualification
- Work experience in finance
- Strong numeracy and problem-solving skills
- Membership with a professional accounting body
An Accredited Accounting Qualification
To work in finance, you need a recognised qualification. The ICB Financial Accounting Diploma covers bookkeeping, tax, and financial reporting.
Work Experience in Finance
Most employers want candidates with experience. Many students work in entry-level jobs, such as bookkeeping clerk or payroll assistant, while studying. This helps them gain real-world financial skills.
Strong Numeracy and Problem-Solving Skills
Accountants deal with money and business transactions daily. You need to work with numbers accurately and solve problems quickly. Attention to detail is important in this field.
Membership with a Professional Accounting Body
Many financial accountants join organisations like the Institute of Certified Bookkeepers and Accountants (ICBA). Being part of a professional body improves your job opportunities.
Assessment
ICB courses include assignments and exams to test what you’ve learned. Assignments are open-book, so you can complete them at home. These assignments are 30% of the course. Exams must be written under strict conditions. They are 70% of the course.
What Is The ICB Pass Mark?
To pass an ICB exam, you need at least 60%. Some subjects may require higher marks. If you don’t pass, you can rewrite the exam.
How Long Are ICB Exams?
ICB exams take 2 to 3 hours. Some include multiple-choice questions, written answers, or case studies. The type of exam depends on the subject.
What Happens If You Fail An ICB Exam?
Do not feel sorry for yourself. You can still retake the exam. Do not worry! Here are steps to take if you failed your exam:
- Request a re-mark: If you think there was a mistake in marking, you can ask for your exam to be checked again.
- Rewrite the exam: You can register for the next available exam and try again. Use this time to improve your weak areas.
- Ask for extra support: Many training providers offer tutor help or revision classes to help you prepare better.
- Use past papers: Practising with past exams will give you a better understanding of the types of questions that might come up.
ICB courses help you build a strong career in business and finance. With effort and the right support, you can pass your exams and reach your goals! If you need guidance on the best course for you, contact Skills Academy today.
Which Accounting Qualification Is Best?
Choosing the right ICB Accounting Course is important. The best course for you depends on what you want to do in the future. Some courses focus on bookkeeping, while others prepare you for financial management jobs. Keep these things in mind when choosing a course:
- Your Career Goals: If you want to be a bookkeeper, start with an ICB Bookkeeping Certificate. If you want to grow in finance, you will need an ICB Financial Accounting Diploma.
- Entry Requirements: Some courses do not require matric, while others need previous qualifications. Check if you qualify before applying.
- Study Time: Short courses take a few months. Diplomas take longer. Choose one that suits your schedule.
- Accreditation: Make sure the course is recognised by ICB and SAQA. This will help you find good job opportunities.
What Is The Best Certificate In Accounting?
The best certificate in accounting depends on what job you want. The ICB Financial Accounting Certificate is a great choice because it teaches bookkeeping, financial reporting, and tax. It prepares students for jobs in finance and further studies. If you want to start with basic bookkeeping, the ICB Bookkeeping Certificate is another good option.
What Is The Difference Between Bookkeeping And Accounting?
Many people think bookkeeping and accounting are the same, but they are not. Bookkeeping is about keeping financial records, while accounting involves analysing and reporting financial data. Here is how they are different:
- What They Do: Bookkeeping records daily transactions, while accounting helps businesses understand their financial position.
- Tasks: Bookkeepers handle invoices, payroll, and expenses. Accountants work with financial statements, budgets, and tax reports.
- Skills Needed: Bookkeeping requires attention to detail. Accounting needs problem-solving and analysis skills.
- Career Growth: Bookkeepers can study further to become accountants. Accountants can specialise in tax, auditing, or management accounting.
Why Does Every Business Need Someone to Manage Their Books?
Every business needs someone to track money. Keeping good records helps a business pay the right taxes, manage expenses, and plan for the future. Without proper bookkeeping, a company can lose money or run into legal problems.
What Professional Membership Opportunities Can I Get With ICB Financial Accounting Courses?
After completing an ICB Financial Accounting Course, you can apply for professional memberships. These memberships improve your job opportunities. Here are four options:
- ICBA (Institute of Certified Bookkeepers and Accountants): If you have an ICB qualification, you can apply for membership and work in bookkeeping, payroll, or financial accounting.
- SAIT (South African Institute of Taxation): If you complete an ICB Tax course, you can register with SAIT and work as a tax consultant.
- CIMA (Chartered Institute of Management Accountants): Some ICB courses give you exemptions from CIMA exams, helping you move into management accounting.
- IAB (International Association of Bookkeepers): ICB qualifications are recognised internationally, so you can apply for IAB membership and work overseas.
Your Options After ICB
After finishing an ICB qualification, you have many choices. You can start working in finance, continue studying, or even open your own business. Many students move into payroll, tax consulting, or financial management. If you want to study further, you can work towards chartered accounting or financial management.
Financial Management Short Courses
Short courses in financial management help you learn skills quickly. These courses are ideal for people who want to improve their financial knowledge without studying for years. Some options include:
- Financial Management Short Course
- Financial Management Short Certificate Course
- Financial Management Short Comprehensive Course
These courses teach budgeting, financial planning, and cost control. They help students build useful skills in a short amount of time.
ICB courses are a great way to start a career in finance. If you’re ready to take the next step, contact Skills Academy today!
Frequently Asked Questions
ICB and CIMA both offer accounting courses, but they are not the same. ICB (Institute of Certified Bookkeepers) teaches bookkeeping, payroll, and financial accounting. It is great for people who want to work with financial records. CIMA (Chartered Institute of Management Accountants) focuses on business finance and management accounting. It helps students who want to work in financial planning and business decision-making.
Some accounting courses are harder than others. Chartered accounting courses, like SAICA or ACCA, are the toughest. They take years to finish and cover tax, auditing, and financial laws. CIMA and CPA qualifications are also difficult because they focus on business finance and strategy. These courses take time but can lead to high-paying jobs.
No, 30 is not too late to start. Many people begin new careers later in life and do well. ICB courses let you study while working, so you can learn at your own pace. With the right qualification and experience, you can work as a bookkeeper, accountant, or tax consultant no matter your age.
No, an accountant has more responsibilities than a bookkeeper. A bookkeeper records daily financial transactions, like sales and payments. An accountant looks at financial records, prepares tax returns, and helps businesses make financial decisions. If you start as a bookkeeper, you can study further to become an accountant.
It depends on what you enjoy. Bookkeeping is good if you like working with numbers and keeping financial records. Accounting is better if you want to analyse finances, prepare reports, and help businesses grow. You can also start with bookkeeping and move into accounting later.
ICB courses give you the skills you need for a career in finance. If you’re ready to start, contact Skills Academy today!
Author: Jodie Jacobs
