The Institute of Certified Bookkeepers (ICB) offers a detailed exemption process. Applying for an exemption can earn you credits toward your qualification. Here’s what you need to know about ICB exemptions.
What you Need to Know About ICB Exemptions
The ICB gives students credits based on their subjects. This means that when you study a course, an exemption allows you to skip subjects you already have credits for or work experience in.
Types of Exemptions
There are two main types of exemptions. There are exemptions for prior learning and work experience. Gaining an exemption can shorten the duration of your course.
Exemptions for Prior Learning
If you’ve studied a similar course before, you’ll be allowed to apply for an exemption. An exemption for prior learning will only be considered if the course you studied was NQF-registered and earned in the last five years. Along with your application form, you need to provide the ICB with the following:
- A detailed CV, including references
- Copy of your ID
- Proof of the provider’s accreditation
- Copies of your previous academic results
- SAQA qualification registration number
- A letter from your manager confirming your work experience
Please note: If your qualification is older than five years, you can still apply for exemptions. But you must submit proof of relevant and recent work experience.
Exemptions for Work Experience
If you have work experience in the industry, the ICB may grant you an exemption. To get started, you need to complete a Portfolio of Evidence (PoE). Once completed, you have to send it to the ICB for assessment.
How to Apply for an Exemption
Your application will be reviewed by a board. They will check to see if there’s enough evidence proving your knowledge and skills in those subjects. But before this happens, you have to do the following:
- Create a profile on their student portal
- Pay the Recognition of Prior Learning (RPL) application fee of R500 – the amount could change
- Submit proof of payment
- Submit your completed “Guideline for RPL” document to the ICB
After you apply, the reviewing process can take up to six weeks. The ICB will then contact you in writing, to give you the outcome of your application. If you are successful, you have to decide which exemptions you’ll accept.
There are different types of exemptions. So when you apply, you’ll receive feedback per subject. You could receive:
Full exemption: This is the most successful outcome. The ICB will give you credits for your previous studies. You then have to pay an exemption fee for each subject you’ll no longer have to complete.
Conditional exemption granted: This means you don’t qualify for a full exemption, but you could try again by submitting a special PoE. Once you complete the PoE, it will be examined. If successful, you could end up with a full exemption.
Exemption not granted: Your application will be rejected if the ICB determines that your previous qualification and work experience don’t match the subjects you applied for.
Please note: You can only accept the exemption if you are a registered student. So make sure to register with a training provider first.
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