Level 4 Financial Statements (For Micro and Small Businesses)

Self Study

Unit DurationDuration: 60-80 Hours

Unit LevelLevel: 4

Number of ExamsExams: 1

Institute of Certified Bookkeepers

On completion of this qualification, you will be able to carry out the role of an employed or self-employed bookkeeper, preparing the Financial Statement for limited companies in accordance with FRS105 and FRS102 Section 1A.


  • Chapter 1: Underpinning Knowledge
  • Chapter 2: Ltd Company and Ltd Liability Partnership Financial Statements
  • Chapter 3: Accounting Concepts
  • Chapter 4: Other accounting concepts and principles
  • Chapter 5: Preparing Statutory Year End Accounts
  • Chapter 6: Introduction to Consolidated (Group Accounts)
  • Chapter 7: Statement of Cashflows
  • Chapter 8: Interpretation of Financial Statements

Further details on the learning outcomes, assessment criteria, grading, and more can be found by accessing the ICB’s Level 4 Certificate in Financial Statements for Micro and Small Businesses Syllabus

If you want to sit the exam at the end of this unit, you need to be an ICB member and hold a current, valid ICB Level 3 qualification.

Basic numerical skills and a good understanding of the English language would also be helpful.

Training Link focuses on only three subjects: Accounting, Bookkeeping, and Payroll.

This keeps us focused on delivering the best student experience. And that’s why over the last 27 years we’ve won over 20 awards – from AAT’S Best New Training Provider in 2018 to ICB’s Large Training Provider of the Year for ten years in a row.

Training Link has written and created all of the study material for our ICB courses.

And because we control this material, we can improve it based on student feedback and results. This is what helps Training Link students achieve outstanding pass rates.

The course fee includes:

  •  2 x Printed workbooks containing lessons, examples, tasks and assignments
  • Activity answer book
  • 24/7 access to our online portal
  • Materials available online
  • Online course assessments
  • Online mock exam
  • Free postage and packaging within the UK

The Institute of Certified Bookkeepers was established in 1996. They promote the bookkeeping profession, learning and education, and offer qualifications.

The ICB is the largest bookkeeping membership organisation in the world. There are over 150,000 students and members in over 100 countries.

ICB’s certification is based on exams and only the finest professionals are eligible for membership. Members need to maintain their status via Continuous Professional Development.

ICB’s rigorous standards give businesses the confidence that an ICB-certified Bookkeeper will have the highest standards. And that’s why it is a perfect pathway for anyone who wants to become a self-employed bookkeeper.

If you choose to sit the exam at the end of this unit, you would be required to be registered with the ICB first. You would also need to be qualified to Level 3. You would then contact the ICB to book your exam.

You can take the exam from home or work, and comprises one three hour exam. You will have 2 weeks to access your exam. Once activated you will have 24 hours to complete it.

Tutor support is often overlooked, and whilst it might not be needed at all times, isn’t it good to know that if push comes to shove, you have access to tutor support – Even on a self-study option?

Purchase tutor support when you need it – For one month…or longer, the choice is entirely yours!

You don’t need to decide now. See how you get on, and if you decide that a little support is needed, simply come back here and click the following link…

Self-study book