Should I Become a Bookkeeper? Some of your questions answered

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Should I become a bookkeeper

Should I Become a Bookkeeper? Some of your questions answered

It is a legal requirement in the UK for a business to keep accurate up to date records regardless of size, and indeed failure to do so can result in fines and even imprisonment for serious offenders, therefore it is vitally important for all businesses to have someone suitably knowledgeable or qualified to deal with the bookkeeping and accounts, whether it is the owner of the business when it is relatively new or a qualified Bookkeeper or Accountant.

Although we constantly hear about household names and brands disappearing from our High Streets, the current statistics show that the new generation of businesses and enterprise is growing at quite a steady rate. With recession people always lose jobs and for some it becomes the ideal time to take the plunge and make the big step into Self Employment. Some of these new businesses will become Household names and major employers in the future.

There were a record 5.4 million private sector businesses a the start of 2015.

This is an increase of 146,000 since 2014 and 1.9 million more since 2000.
The number of employing businesses increased by 35,000 and the number of non-employing businesses by 112,000, with the annual growth for both groups being around +3%.

With around 4000 registered bookkeeping businesses in the UK this equates to 1350 potential clients for every Bookkeeper. It is clear to see that there are is a huge shortage of Qualified Bookkeepers in the UK, and at the current rate of business growth we may never fulfil the demand.

Detailed statistics can be found in this article published by the Federation of Small Business

You don’t need a string of GCSE’s, A Levels or college certificates to be a successful Bookkeeper.

Bookkeeping is based on logic and common sense and indeed many of our successful students, now qualified bookkeepers left school with little more than a frown.

Bookkeeping is a respected profession. Over time you develop knowledge and understanding of different types of businesses and how to manage their finances using the latest methods and technology working on a level par with business owners, accountants and degree standard professionals.

Geared for your success

Training Link are a multiple award winning Bookkeeping course provider and the only training company in the UK dedicated entirely to providing courses leading to the Institute of Certified Bookkeepers qualifications and occupational standards for the Bookkeeping industry. We have an unrivalled track record in helping students achieve their objectives quickly and smoothly.Every member of staff from course advisers to tutors are highly qualified specialists having vast knowledge and experience of providing bespoke high quality learning material and tutor support for those wishing to learn Bookkeeping and gain qualifications. Add to this an outstanding record in helping students achieve their goals since 2006 Training Link are 100% geared to the success of its students.

The Institute of Certified Bookkeepers

The Institute of Certified Bookkeepers (ICB) is the largest bookkeeping organisation in the world and offer professional qualifications which are constantly updated to fall in line with any new laws or legislation. The level of qualification achieved denotes membership level which can be reflected by using designated letters after your name.

Other benefits of membership are:

  • Membership certificate sealed by the Institute
  • Membership card
  • Access to the ‘members only’ section on the Institute’s web site
  • Notification of Bookkeeping Job Vacancies in your area
  • Free Technical advice line covering all aspects of bookkeeping
  • Free legal advice line for business and personal usage
  • Free access to technical and legal downloads
  • Free updates on changes to legislation which might affect bookkeeping
  • Free advice and guidance on setting up a private practice (Self Employed)
  • Free information on employment opportunities which arise
  • Regional meetings
  • CPD (continuing professional development) seminars
  • Access to ICB Plus – Exclusive offers on professional and everyday products and services
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