ICB Self-Employed Package Plus Sage 50 Pro *Exams Included*

  • ICB exam fees, in-house mock exams and registration fees to the value of £885 are all included with this package.
  • Includes Sage 50 Professional Beginners, Intermediate and Advanced Training with associated Certification.
  • *FREE Xero Course and Certification*
  • *FREE Start Your Own Bookkeeping Business course*

*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.

The price you see is the price you pay…NO HIDDEN EXTRAS!

Full contents can be found on the individual product pages found in the “Course Content” tab.

Payment Plans

Finance available – provided by divido

Deposit of £235.00 followed by:

  • 12 monthly payments (Interest Free) of £175.00
  • 24 monthly payments of £96.81 at 9.9% finance
  • 36 monthly payments of £67.66 at 9.9% finance

For alternative payment plans, please Contact Us

Free Trial

We’re so confident in the strength of our home study course materials, that you can apply for a free trial.

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ICB Self Employed Package – Occupation Role: Self Employed Bookkeeper/Employed Bookkeeper

On completion of this ICB complete package qualification candidates will be able to:

  • carry out the role of an employed or self-employed bookkeeper
  • reconcile bank statements with the ledgers
  • produce a VAT return
  • control the sales and purchases ledgers
  • post year-end adjustments and produce the final accounts for a Sole Trader, Partnership and Not-for-Profit Organisation and Limited Companies in both a manual and a computerised system
  • process Payroll and Self-Assessment Tax Returns

This Professional Package includes:

  • Level 2 Bookkeeping
  • Level 3 Bookkeeping and Accounts
  • Level 3 Payroll Management Diploma
  • Level 4 Self-Assessment Tax Returns
  • Plus, the Beginners, Intermediate and Advanced modules of ‘Sage 50 Professional’ training worth £375.00
  • FREE Start Your Own Bookkeeping Business course
  • Fully comprehensive, up-to-date study materials and resources for ALL levels
  • 12 Months ICB Student Membership
  • Online Mock Exams
  • All ICB Exam Fees
  • Sage 50 Professional Training and Certification

Resources

  • Personal mentoring and business advice once you have completed your studies
  • In-house mock exams, ICB exams and all associated booking fees to the value of £885
  • Printed Workbooks containing lessons, examples, activities and assessments, plus Model Answers Workbooks PLUS 3 x Workbooks covering Sage 50 Professional Beginners, Intermediate and Advanced, all to the value of £1430
  • All support and associated software to the value of £1010
  • 3 months access to Sage Business Cloud software for the A3 unit
  • 6 months access to Sage 50 software
  • Unlimited access to BrightPay Payroll Software
  • Tutor Marked Assignments
  • 24/7 Online ROGO Assessments
  • Enhanced Learning resources
  • Up to 39 months award winning expert subject tutor support by e-mail and telephone
  • Guaranteed same day assignment marking (Some Instant)
  • FREE syllabus updates if required
  • FREE repeat lessons
  • New Online ICB exam simulation tests
  • 12 Months ICB Student Membership and registration
  • FREE access to ICB’s award-winning membership benefits scheme, ICBenefits
  • Free Postage and Packaging within the UK

Duration

You will have up to 39 months with full tutor support to complete this course, although it can be completed much quicker if you wish.

On average, it takes approximately 335-415 hours average study time with Enhanced Learning. This equates to roughly 7 hours of study per week if aiming for completion within 12 months.

Self Employed Bookkeeper:

Sage 50 Professional’ is widely used by Accountants and potential clients. Many self-employed bookkeepers sub contract to accountants and also work at their client’s premises, so understanding how to use this software is imperative, more so than owning your own software. Firstly it is expensive, and as the majority of small businesses have fairly easy, straightforward transactions, it is not worth going to the expense; Microsoft Excel or other spreadsheet applications are more commonly used. If however you feel the need to purchase software in order to furnish a client’s needs, we offer a completely free of charge consultation to ensure you are getting the correct package at the best price. Online Accounting packages are now the most popular and we can offer these to you on a cash-back deal over the first 12 months. Please get in touch if you need any further information.

The ICB have regional meetings all over the country with like-minded people always eager to help and encourage its members. If you would like to attend a meeting prior to making a decision please let us know and we will arrange and pay for your first visit. We are sure you will be made welcome and pleased to have attended.

Employed Bookkeeper:

The majority of jobs advertised require the applicant to be either experienced or have evidence of training in Sage 50 Accounts Professional. This is renowned as the industry standard and used comprehensively by employers, bookkeepers and accountants. For those who have no experience or certification, we recommend embarking on this Complete Self Employed Professional package. This includes Sage 50 Professional Training (Beginner, Intermediate and Advanced) at very little extra cost. By learning this package the skills are easily transferred into any other computerised accounts software on the market thus not excluding you from any job applications.

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

This course package includes content from all of the following:

Courses

This equates to 335-415 Guided Learning Hours

Our courses are designed for smooth and easy progression and ideal for those who wish to be qualified quickly with the least amount of hold-ups and time wasting processes.

Our students unit completion times average less than three months, and under 1.5 years to be fully qualified. This package has even been completed in just five months, so if you want to complete quickly we can facilitate this, or if you prefer to go at a slower pace then you have plenty of time available to you.

We also understand that life can sometimes get in the way, and providing you are actively learning and in contact with us during the units study period, extra time can be allowed. Units can also be put on hold prior to being sent out.

Purchasing this course will also entitle you to FREE access to ICB’s award-winning membership benefits scheme ICBenefits, whereby you can make lots of savings on your everyday needs.

Exam preparation

Our courses have ongoing tests including online tests enabling you to feel comfortable when faced with an official exam. End of course tests and mock exams are the perfect way to ensure you have the best possible chance of success and 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 ‘A1’ and ‘A2’ are online examinations and can be completed from home or wherever a student has uninterrupted access to a secure internet connection. Paper ‘A3’ is also a home based assignment.

Papers ‘M4’, ‘M5’, ‘M6’ and ‘M7’ are online examinations and ‘M8’ is taken externally at a Pearson VUE testing centre. Click here to locate your nearest centre for the ‘M8’ Certification exam.

The Self-Assessment Tax Returns exam will comprise of one online assessment (included in this package), taken in the candidate’s home or place of work.

The Diploma in Payroll Management exam (also included) is also taken in the candidate’s home or place of work.

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.

Level 2 Assessment

The testing of knowledge and skills for the qualification will comprise three online assessments, all of which are taken in the candidate’s home or place of work. The first two will test the concepts that underpin the double entry system for a variety of types of businesses; the third will test the set up and data entry to trial balance using a computerised system. The content of each assessment is listed below.

Paper A1 – Basic double-entry bookkeeping to trial balance

Home /place of work based assessment to include:

  • Underpinning knowledge
    • Knowledge of the different categories of business that exist
    • Terms in bookkeeping (assets, liabilities etc.)
    • Banking procedures
    • Understanding the different categories of VAT (standard, reduced, zero, exempt, outside the scope)
  • Calculation the value of the capital investment for a sole trader
  • Calculation of business documents including calculation of VAT
  • Showing an understanding of the effect of entering transactions into a bookkeeping system for sales, purchases, overheads, capital items, returns, personal items etc.
  • The effect of making and receiving payments including bank, cash and petty cash transactions
  • Calculation of account balances
  • Production and explanation of a trial balance

Paper A2 – Further double entry bookkeeping to trial balance

Home /place of work based assessment to include:

  • Underpinning knowledge
    • Ethics
    • Legislation relevant to the bookkeeper
    • Accounting concepts
  • Further double entry including the following
    • Topics from paper 1
    • The content of control accounts
    • Writing off a bad debt
    • Construction Industry Scheme
    • Posting non-sole trader entries (subscriptions, donations, drawings of partners, directors’ loan accounts etc.)
  • Entry of payroll journals
  • Calculation of the value of a suspense account in a system that does not balance
  • Reconciliation of debtors, creditors and bank balances
  • Correction of errors that do not affect the trial balance
  • Production and explanation of a trial balance

Paper A3 – Data entry to trial balance using a computerised accounts package

Home /place of work based test to include the use of a computerised accounting package to include:

  • Opening of entries
  • Entry of cash and credit transactions
  • Production of a trial balance
  • Production of reports for debtors, creditors, bank, VAT and the audit trail

The three assessments should be taken in the order listed above. Each assessment will generate an accreditation notification. Successful candidates will need to pass all three assessments to gain the full qualification.

Grading

The full qualification will be graded at Distinction with Honours, Distinction, Merit or Pass

All assessments are taken at home or at the place of work, and each test will be graded as follows:

  • Distinction 95 -100%
  • Merit 90 – 94%
  • Pass 85 – 89%
  • Fail 0 – 84%

Once all assessments have been successfully completed a final certificate can be applied for which will be graded at Distinction with Honours, Distinction, Merit or Pass. Unit results will be aggregated. To achieve the relevant grade in the full qualification, the following aggregate marks must be achieved:

  • Distinction with Honours 295 marks and above
  • Distinction 285 – 294 marks
  • Merit 270 – 284 marks
  • Pass 255 – 269 marks

Level 3 Assessment

The testing of knowledge and skills for the qualification will comprise three online assessments, all of which are taken in the candidate’s home or place of work plus one assessment taken at an external ICB centre. Note: the assessment may also test elements of the Level 2 Certificate in Bookkeeping.

Paper M4 – reconciliations and final accounts of a sole trader:

Home / place of work based assessment to include:

  • Underpinning knowledge
  • Reconciliation and correction of errors (customer and supplier reconciliations, bank reconciliation, correction of errors including the clearance of a suspense account balance)
  • The calculation of summary figures for control accounts
  • VAT Returns (cash and standard VAT returns only)
  • Posting adjustments including disposal and acquisition of fixed assets
  • Revaluation of assets
  • Final accounts of a sole trader (profit and loss account and balance sheet)

Paper M5 – final accounts of a partnership

Home / place of work based covering knowledge and skills assessment to include:

  • All of the requirements for paper M4 but set in a partnership scenario plus:
  • Underpinning knowledge
  • Ethical considerations
  • Underpinning knowledge of the legal requirements for a partnership
  • Final accounts of a partnership including the appropriation account and production of partners’ current accounts
  • Calculations and bookkeeping entries to record a change of partnership (partnership ratios, goodwill, the effect on capital and current accounts etc.)

Paper M6 – final accounts of a not-for-profit organisation

Home / place of work based knowledge and skills assessment to include:

  • All of the requirements of paper M4 but set in a not-for profit scenario plus:
  • Underpinning knowledge regarding not-for-profit organisations
  • Understanding the different requirements of a chart of accounts for such an organisation
  • Understand the concepts of the different forms of income for not-for-profit organisations including a subscriptions account
  • Posting adjustments including the subscriptions account and disposal and acquisition of fixed assets
  • Final accounts of a not-for-profit organisation

Paper M7 – Management accounts of incorporated businesses

Home /place of work based assessment to include:

  • Final accounts including adjustments for a limited company (internal management accounts format only)
  • Limited liability partnerships
  • calculation and interpretation of ratios

Paper M8 – Level 3 External Assessment

This is a single assessment to be taken at an ICB examination centre. The assessment will be a mixture of multi-choice and data entry questions which will cover all elements of the syllabus. Click here to locate your nearest centre.

Grading

The full qualification will be graded at Distinction with Honours, Distinction, Merit or Pass

All assessments must be successfully achieved to gain the full qualification. Each assessment will generate a separate accreditation notification.

The home or work place based assessments will be graded as follows:

  • Distinction 95-100%
  • Merit 90-94%
  • Pass 85-89%
  • Fail 0-84%

The assessment taken at an external ICB centre will be graded as follows:

  • Distinction 90-100%
  • Merit 80-89%
  • Pass 70-79%
  • Fail 0-69%

Once all assessments have been successfully completed a final certificate will be awarded which will be graded at Distinction with Honours, Distinction, Merit or Pass. Unit percentage results will be averaged. The following average % marks show an example of how the final grade might be awarded (note the same range of marks may give a different overall result depending on the number of Passes, Merits and Distinctions achieved):

  • Distinction with Honours – 98% and above (with all five papers being graded at Distinction)
  • Distinction – 95-97% overall (with all papers graded at least at Merit or Distinction)
  • Merit – 90-94% (can be a mixture of individual grades)
  • Pass – 80-89% (can be a mixture of individual grades)

Payroll and Self-Assessment Tax Returns are home based examinations and can be completed wherever a student has uninterrupted access to a secure internet connection.

All exam fees are included with this package.

Multi Award-Winning ICB Training

You can maximise your chances of success by choosing to study an ICB course with Training Link. And that’s reflected by the number of awards we’ve won that recognise our exceptional standards of educational excellence and tutor support.

We have been named ICB Training Provider of the Year eight years in a row, ICB Tutor of the Year three times, and ICB Student of the Year three times.