Who is the Institute of Certified Bookkeepers South Africa?
The Institute of Certified Bookkeepers South Africa is a professional body that is responsible for improving the standards of bookkeeping and accounting qualifications throughout the country.
The ICB’s objectives are:
- to promote bookkeeping as a profession
- to increase recognition for bookkeeping as an integral part of the financial profession
- to promote education and learning
- to enable the achievement of a recognised bookkeeping qualification
- to provide a trusted benchmark for the profession
- to improve the career prospects of ICB members
What Does the ICB South Africa do?
The Institute of Certified Bookkeepers offers qualifications for many different types of business fields. They also offer each module as individual short courses. The ICB is not a college, and they only provide their courses to accredited learning institutions who are registered with with DHET (Department of Education and Higher Training.
Students who have completed their courses may apply for ICB membership to enjoy benefits. They are locally and internationally recognised. This means that you will have more oppotunities for employment as an Institute of Certified Bookkeepers South Africa member.
The Institute of Certified Bookkeepers Accreditation
The Institute of Certified Bookkeepers South Africa is recognised by FASSET as a Quality Assurance Partner. The ICB is also affiliated with both the IFA (Institute of Financial Accountants) and the IAB (International Association of Bookkeepers) both of which operate from the United Kingdom.
How does an Institute of Certified Bookkeepers courses work?
The ICB sets up exams and design the study material that they offer. However, they don’t provide support for their own courses. Students who want to study any of the ICB courses need to find a college, like Skills Academy to support them through their course.
Professional Bodies that Recognise The Institute of Certified Bookkeepers:
- Institute of Certified Bookkeepers and Accountants (ICBA)
- International Association of Accounting Professionals (IAAP)
- Southern African Institute for Business Accountants (SAIBA)
- International Association of Bookkeepers (IAB)
- South African Institute of Tax Professionals (SAIT)
Academic Institutions that Offer Exemptions for Some of Their Courses:
- CIMA: CIMA’s Management Accounting Studies, offers exemptions for ICB graduates.
- ACCA: ACCA only offers exemption if you completed a National Diploma in Financial Accounting and wish to become a Certified Chartered Accountant.
Find out more about the ICB here: Institute of Certified Bookkeepers
Last Updated: April 20, 2020