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Level 2 and 3 Associate PLUS Self-Assessment Tax Returns PLUS Sage 50 Pro *Including £260.00 Exam Fees* -

£2,049.00 £1,195.00 Saving 42%

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Sale!

Level 2 and 3 Associate PLUS Self-Assessment Tax Returns PLUS Sage 50 Pro *Including £260.00 Exam Fees*

£2,049.00 £1,195.00 Saving 42%

For a Limited Time – Use voucher code NM60 at checkout to claim an Additional £60.00 OFF price shown!! 

Our New Level 2 and 3 Professional Associate package contains more materials, lessons, examples and activities than ever before.

*Price Match* If you can find the same package available elsewhere for a better price we will match it and still include all of our extra utilities.

Deposit of £124.00 (or just £64.00 if using voucher code NM60) followed by:

  • 12 monthly payments (Interest Free) of £93.00
  • 24 monthly payments of £51.45 at 9.9% finance

For alternative payment plans, please Contact Us

Finance options provided by divido

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This is the minimum level of skill and qualification required to enable you to trade as a Self Employed Bookkeeper as a member of the ICB. This professional package includes the Level 2 Affiliate course ‘B1’, ‘B2’ and ‘B3’ plus Level 3 AICB course ‘BA4’, ‘BA5’, ‘BA6’ and ’BA7’.

With the addition of ‘Sage 50 Professional’ training and the Level 3 ‘Self-Assessment Tax Returns’ qualification, this is the perfect package for the start-up Self-Employed Bookkeeper.

On completion, you can upgrade your ICB membership status to Associate and use the letters ‘AICB’ after your name, plus tap into the professional support and resources available from the Institute of Certified Bookkeepers. For those wishing to aim higher, the ‘MICB’ Level 4 qualifications should be your ultimate objective.

Prerequisites

As this package is designed for the complete beginner, there are no prerequisites, although a good understanding of the English language is essential.

An Introduction to Bookkeeping course is available if you feel this course might be too difficult, or you can request a FREE sample along with tutor support.

request free trial

Enhanced Learning (Fast Track)

We significantly reduce the amount of time taken to complete our courses by eliminating the time consuming elements. There is no reduction whatsoever in the learning content, in fact we believe our courses and tests cover more detail than those found elsewhere.

Duration

Approximately 200-225 hours average study time with Enhanced Learning. This equates to less than 5 hours of study per week if aiming for completion within 12 months.

NB – Software not compatible with macs. We suggest using Apple Bootcamp to install Windows.

The course fee includes Level 2 and Level 3 Bookkeeping and Accounts combined, plus three Levels of ‘Sage 50 Professional’ training and Level 3 ‘Self-Assessment Tax Returns’.

    • Printed Workbooks containing lessons, examples, activities and assessments
    • Printed Model Answers Workbooks
    • 24/7 Online ROGO Knowledge Assessments
    • Beginners, Intermediate and Advanced modules of Sage 50 Accounts Professional Training
    • 3 x Sage Business Partner Certificates
    • Sage 50 Professional software for the duration of your studies
    • Dummy Company live practice data downloads
    • Over 100 Activity tests and answers
    • Tutor marked Assessments
    • Enhanced Learning resources
    • Award winning expert subject tutor support by e-mail and telephone
    • Guaranteed same day assignment marking
    • FREE repeat lessons
    • New Online ICB exam simulation tests with tutor feedback
    • 12 Months ICB Student registration fee
    • ICB Exams up to the value of £260.00
    • FREE Postage and Packaging
    • *Up to £250 Cash back on Sage 50 Accounts software*
    • FREE access to ICB’s award-winning membership benefits scheme, ICBenefits
    • ‘Introduction to Bookkeeping’ Units Included
    • *Three Levels of Sage 50 Accounts Professional and Certificate worth £375 Included*
    • *Level 3 Self-Assessment Tax Returns Included*

‘B1’ Bookkeeping: 

  • The role of the bookkeeper
  • Types of businesses
  • The concepts of Business Entity and Historic Cost
  • Setting up the Bank Account
  • The Analysed Cash Book
  • An Introduction to Double Entry Bookkeeping
  • The concept of Duality
  • Correction of Errors
  • The Journal
  • The Cash Account
  • Two Column Cash Book
  • Debit and Credit Cards
  • Payroll Transactions
  • Credit Transactions
  • An Introduction to Value Added Tax
  • Business Documents
  • Calculating VAT
  • Discounts
  • VAT and the Ledgers
  • Petty Cash
    • Practice activities with model answers
    • Online Knowledge tests
    • Practical assignments
  • Mock Exam
  • Online Mock Exam

‘B2’ Bookkeeping

  • Day Books
  • Control Accounts
  • Three Column Cash Book
  • Bad debts
  • Sale of an Asset
  • Paying the VAT bill
  • The Construction Industry
  • Withdrawal of funds by partners and directors
  • Foreign Transactions
  • Relevant Legislation
    • Practice activities with model answers
    • Online Knowledge tests
    • Practical assignments
  • Mock Exam
  • Online Mock Exam

‘B3’ Bookkeeping

  • Setting Up a New Business
  • Getting Started
  • Rebuilding data & manual configuration
  • Company set-up wizard
  • Opening balances
  • Product Codes
  • Setting up New Customers/Suppliers
  • Adding New Customers
  • Invoices with Trade/Settlement Discounts
  • Settlement Discounts
  • Customer Invoicing Procedure
  • Supplier Invoices
  • Corrections
  • Customer Receipts & Supplier Payments
  • Customer Receipts
  • Payments on Account
  • Bad Debt Write Offs & Sale of Assets
  • Bad Debt Write Off
  • Bad Debt Recovered
  • Sale of Assets
  • Wages / Salaries & Voluntary Deductions
  • Wages & Salaries
  • Voluntary Deductions
  • Cash Account & Petty Cash Account
  • Cash Account
  • Petty Cash Account
  • Allocating Credit Notes
  • Health & Safety
  • The Use of Computers
  • Exam Preparation
  • Mock Exam

Level 3 ‘BA4’ Course content in detail; please scroll down for BA5 and BA6

  • Legislation and ethics
  • The Data Protection Act
  • Money Laundering
  • The Proceeds of Crime Act 2002 (POCA)
  • The Money Laundering Offences
  • The Bribery Act
  • Codes of ethics and practice
  • Reporting suspicious behaviour
  • Accounting Concepts
  • Going Concern
  • Consistency
  • Prudence
  • Accruals (or Matching Concept)
  • Supplier and Customer Reconciliation
  • Control Accounts
  • Bank Reconciliation
  • Reconciliation of Supplier Statements
  • Purchase and Sales Ledger Control Accounts
  • Set offs
  • Dishonoured payments and receipts
  • Bank Reconciliation
  • The Bank Statement
  • Stages in Reconciliation
  • Bank Accounts with Overdrafts
  • Multiple entries
  • Non-matching opening balances
  • Refer to drawer – “bounced” cheques
  • VAT Returns
  • VAT periods
  • Filling out the VAT return
  • Submitting the return
  • Ledger entries to record the payment or refund of vat
  • The end of paper VAT returns
  • Postage and packing charges
  • Bad Debts and VAT
  • Cash Accounting
  • Who can use the scheme?
  • Transactions with customer and suppliers based outside the UK
  • Outside the EU
  • Sales to customers outside the EU
  • Goods purchased from outside the EU
  • Reverse charge:
  • Summary of VAT Return entries
  • Other VAT Schemes
  • The Flat Rate Scheme
  • Retail Schemes
  • The Margin Scheme for Second Hand Goods
  • Filling in the VAT return
  • Partial Exemption
  • Correction of Errors
  • Simple Corrections
  • Error of Original Entry
  • The General Journal
  • Error of Original Entry
  • Error of Omission
  • Error of Commission
  • Error of Principle
  • Error of Reversal
  • Compensating error
  • The Journal
  • Aide memoire
  • Errors that will affect the trial balance
  • The suspense account
  • Introduction to Final Accounts
  • An introduction to profit
  • Gross profit
  • Stock Valuation
  • Net profit
  • Items of additional income
  • Discounts allowed and received
  • Non-trading businesses
  • Subsequent years trading
  • The Balance Sheet
  • The Accounting Equation
  • Developing the balance sheet
  • Working Capital
  • VAT registered businesses
  • Long Term Loans
  • Accruals and Prepayments

Course content Computerised section

Unit 1:

  • Installing the Software

Unit 2:

  • Sage and the Chart of Accounts
  • Backing Up previous accounts
  • Clearing down the system
  • Company details
  • Types of businesses
  • General Business

Unit 3:

  • Business set up
  • Cash Accounting Scheme
  • Entering the correct VAT registration scheme details
  • Summary – The Sage Default System
  • Fixed Assets
  • Current Assets
  • Current Liabilities
  • Long-term Liabilities
  • Capital and Reserves
  • Sales
  • Purchases
  • Direct Expenses
  • Overheads
  • Recording Bank Account Details
  • Recording the opening bank monies

Unit 4:

  • Customers and Suppliers
  • Entering Customer Details
  • Setting Credit Control
  • Editing customer records
  • Setting the customer default information
  • Suppliers’ Details
  • Editing suppliers’ details

Unit 5:

  • Processing Invoices and Credit Notes
  • Entering invoices

Unit 6:

  • Payments and Receipts
  • Recording Payments to a Supplier
  • Recording Receipts from Customers
  • Report Details – Type column

Unit 7:

  • Statements, Bank Payments & Recurring Entries
  • Statements
  • Cash Transactions
  • Recurring Bank Account Entries
  • Setting up a Recurring entry

Unit 8:

  • Bank Reconciliation

Unit 9:

  • VAT Returns
  • Value Added Tax (VAT)
  • A reminder of Input and Output VAT
  • Sage VAT Account
  • VAT Return
  • Checking the entries
  • Reconciling the VAT Return
  • Clearing the VAT Control Accounts

Unit 10:

Please note: this section does not cover the weekly and monthly processing payroll. It covers how to enter the payments into the accounting system. Payroll is a separate subject.

  • Payroll Journal
  • The Use of the Journal
  • Payroll Journal
  • Legal requirements
  • Payroll Terms
  • Gross Pay
  • Deductions from Gross Pay
  • Pay As You Earn
  • Income Tax
  • National Insurance Contributions (NIC)
  • Employees’ contributions
  • Employer’s contributions
  • Wages Summary
  • Bookkeeping Entries
  • Payment to HMRC
  • Payment to employee
  • Correction of Mistakes

Unit 11:

  • Year End Adjustments
  • Journal Entries
  • Accruals and prepayments
  • Depreciation
  • Straight Line
  • Reducing Balance
  • Bad Debts
  • Provision for Doubtful Debts
  • Increasing the Provision
  • Closing Stock
  • Yearend Adjustments Continued:
  • Running the Year End
  • Health and Safety – The use of Computers
  • Employers’ Risk Assessment

Unit 12:

  • Sole Trader Year End – ICB Exam Revision
  • Changing program date
  • Open Balances
  • Stock Valuation and Stock Journals
  • Transferring opening stocks
  • Entering closing stock
  • Chart of Accounts
  • Accruals and Prepayments
  • Accruals (or matching) concept
  • Prepayments
  • Depreciation
  • Methods of calculating depreciation
  • The straight line method of depreciation (SLM)
  • Timing and charging depreciation
  • Disposal of fixed assets
  • Bad debts and write offs revisited
  • Provision for bad (or doubtful) debts
  • Provision for bad or doubtful debts and the ledger
  • Apportionment of overheads

Course Contents ‘BA5’ and ‘BA6’

‘BA5’

  • Legislation and Ethics
  • Manual Partnerships
  • Working in a partnership
  • Bookkeeping entries for Partnership accounts
  • Capital Accounts
  • Partnership sharing ratios
  • Partnership Appropriation Account
  • Interest on Capital
  • Interest on Drawings
  • Salaries
  • Share of profit
  • Drawings
  • Balance Sheet
  • Revaluation of Assets
  • Answers to Tasks

Computerised section 

Unit 1: 

  • Installing the Software

Unit 2: 

  • Sage and the Chart of Accounts
  • Backing Up previous accounts
  • Clearing down the system
  • Company details
  • Types of businesses
  • General Business

Unit 3: 

  • Partnerships
  • Setting up Accounts
  • Entering opening balances
  • The Profit and Loss Account
  • Year End Adjustments
  • Amended Profit and Loss Account
  • Running the Year End
  • Appropriation of Profits

Course Contents ‘BA6’

Legislation and ethics

  • The Data Protection Act
  • Money Laundering
  • The Bribery Act

Codes of ethics and practice

  • Statement of Assets and Liabilities
  • The Receipts and Payments Account
  • Income
  • Subscriptions
  • Accrued subscriptions brought forward
  • Prepaid subscriptions brought forward
  • Carried forward balances at the end of the year
  • Written off subscriptions
  • Life Member Subscriptions
  • Event Income
  • Insurance claims

Trading in a not for profit organisation

  • Fund raising events
  • Donations and Bequests
  • Gift Aid
  • Loans from members

Year-end adjustments

  • Prepaid expenses – brought forward and carried forward
  • Accrued expenses – brought forward and carried forward
  • Other adjustments

Computerised Section

Unit 1:

  • Installing the Software

Unit 2:

  • Sage and the Chart of Accounts
  • Types of businesses
  • General Business

Unit 3:

  • The Chart of Accounts
  • Bank Account opening balance
  • Subscriptions Account
  • Members in arrears at the start of the year
  • Members prepaid at the start of the year
  • Members in arrears at the end of the year
  • Members prepaid for next year
  • Trading Activities
  • Sales and purchases
  • Other income
  • Overheads

Self Assessment Tax Returns

This module comprises both Personal and Business Taxation and relates to preparing tax computations and returns for businesses (sole trader) and individuals.

Element (1) Prepare Business Taxation Computations

(A) Prepare capital allowance computations.

(B) Adjust accounting profits and losses for trades and professions.

Learning Outcomes: (A)

  • Computations are made in accordance to current tax law and practice
  • Expenditure on Capital Assets is classified in accordance with the statutory distinction between Capital and Revenue
  • Make adjustments for private use by business owners
  • Entries and calculations relating to such computations are correct

Range:

  • First Year Allowance (FYA), Writing Down Allowance (WDA), Annual Investment Allowance (AIA)
  • Capital Expenditure on plant and machinery, and motor vehicles

Learning Outcomes: (B)

  • Adjusted profit is calculated for inclusion on the tax return
  • Make necessary adjustments for private use by business owners
  • The bases of assessment are correctly applied
  • Complete accurately the supplementary pages on the tax return for a sole trader
  • Identify NI contributions payable by self employed
  • Returns are submitted to HMRC within the required timescale
  • Identify due dates for payment of Income Tax
  • Professional advice is given to clients on the recording of information for the tax return and confidentiality is maintained at all times

Element (2) Prepare Personal Taxation Computations

(A) Calculate income from employment

(B) Prepare Computations of Property and Investment Income

Learning Outcomes (A)

  • Computations of earnings including benefits in kind, allowable expenses are accurately prepared
  • Returns are completed accurately and submitted to HMRC on a timely basis
  • Professional advice is given to clients on the recording of information for the tax return and confidentiality is maintained at all times

Range:

  • Emoluments: UK resident employees
  • Allowable expenses, contributions to pension schemes and charitable contributions

Learning Outcomes (B)

  • Schedules of dividends and interest received on shares and securities are accurately prepared
  • Schedules of property income are accurately prepared, profits and losses determined and appropriate relief applied
  • Returns are submitted to HMRC on a timely basis

Range:

  • Sources of investment income from banks, building societies and property income, holiday lets and wear and tear

The elements in this module and learning outcomes are partly based on the former AOSG national standards for Personal and Business Tax.

Elements of CGT (Capital Gains Tax) to include:

  • Annual exemption
  • Allowable expenses
  • Exempt assets
  • Chattels
  • Private residence relief
  • Part disposals

Course Includes:

  • Workbook
  • Activities
  • Assessments
  • Online Mock Exam
  • Fast Track support
  • Exam fee

Units: 

  • Introduction
  • Employment Income
  • Benefits in Kind
  • The Employment Supplementary Pages
  • Property Income
  • The Calculation of Tax
  • Private Pension Payments and Gift Aid
  • The Submission of Returns
  • The Duties and Responsibilities of a Bookkeeper
  • Capital Gains Tax
  • Adjusting the Profit and Losses
  • Capital Allowances
  • Basis Periods
  • National Insurance for Self-Employed
  • The Self-Employed supplementary pages
  • Partnership Tax

Exam preparation

End of course tests are the perfect way to ensure you have the best possible chance of success. Our specialist examinations department will provide you with feedback, advice and support plus any additional lessons you may need prior to taking exams.

Please note: Past ICB examination papers are no longer valid under the new syllabus.

Exams

Papers ‘B1’ and ‘B2’ are online examinations, and can be completed from home or wherever a student has uninterrupted access to a secure internet connection. Paper ‘B3’ is a home based assignment.

Papers ‘BA4’, ‘BA5’ and ‘BA6’ are online examinations with a computerised assignment and ‘BA7’ is taken externally at a Pearson VUE testing centre. Click the link to locate your nearest Pearson VUE centre for the ‘BA7’ Certification exam.

Level 3 ‘Self-Assessment Tax Returns’ exam is taken from home or wherever a student has uninterrupted access to a secure internet connection.

The cost of exams can increase at the discretion of the awarding body (ICB). We will pay for all exam fees up to the agreed value at the time of purchase, but any increase in exam fees will need to be paid for by the student.

Caroline, Rated: 5

Excellent training material, hard copy and online, that’s builds knowledge methodically and tests learning at regular intervals. Immediate feedback from the tutor after completing each online assessment is very supportive and motivating.
Contact with the admin team has also been professional and efficient.
Although only in the early stages of my chosen courses, currently feeling confident that I can succeed in gaining the qualifications I am working towards with Training Link.

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Dorota Fleszer, Rated: 5

It is pleasure to study with Training Link, I have a support when I need, my tutor explains me everything in an easy to understand way, and books are written in the simply way. Thank you Steve Capeling for all your support.

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Sarah Beach, Rated: 5

I would gladly recommend Training Link as a training provider.
The study materials are clear, concise and well laid out. Each section contains examples and multiple small assignments to test your understanding before you take each endpoint assessment.
I like that marks are given as soon as each assessment is complete. You are not instantly given solutions to any questions you have answered incorrectly. You can either re-take the assessment or send the answers to your tutor. All interactions that I’ve had with my tutor have been very supportive, with clear explanations and answered very promptly.
Equally the administration staff are very helpful and a pleasure to deal with.
I would recommend that you pay either Training Link or the ICB the small fee to take spare mock exams. They are very similar to the real thing and super useful regarding timing practice. Timing constraints are not felt outside of the mock exams and I found it takes a bit of getting used to.

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Celia Ann Merrill, Rated: 5

Supportive tutors and office staff, who respond promptly, have a sense of humour and understand the commitment required by distance learning students.
Methodical study progression and instant feedback for assignments. 

A training provider? No need to think:
Sign up now with Training Link!

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UPDATE

Post B2, I wrote a rhyme, 
thanking them for all their time; 
but now just numbers are in my head,
so “5 out of 5” is the comment instead.

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Kirsty, Rated: 5

Course material is very easy to follow and gives you all the information needed to complete both assignments and exams. The course tutors are helpful and responsive when contacted by e-mail. Would like to see more assignments included to let you put into practice what you are learning but apart from that I have been very impressed by Training-Link and the course so far.

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Karen Haggerty, Rated: 5

Very simple process to enrol and quick delivery of learning materials.
I have found the learning workbooks to be of a very high standard. Key bookkeeping principles and processes set out in an easy to understand format. Tutor support, feedback and encouragement also of a very high standard.

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