ICB Level 3 Bridging Unit
Are you AAT Level 3 qualified? Would you like to gain full membership with the ICB?
The ICB Bridging Unit has been specifically developed to fulfil this requirement, and we fully prepare you for the ICB Bridging Exam (BE).
Training Link’s ICB Bridging Unit is completely unique and not to be found anywhere else.
Covering partnership accounts, non-profit club accounts and limited liability accounts, you will cover all elements related to the skills gap between the AAT and ICB Syllabus.
There is up to 9 months tutor support for this Bridging Unit, and the guided learning hours are anything between 40 – 60 hours average study time. Just 4 hours of study per week could see you completing this unit within 3 months.
No other training provider includes as many materials, lessons, examples and activities.
|Exceptional ICB pass rates|
|Study whenever you want – at your own pace|
|Award-winning tutor support|
|Dedicated accounting and bookkeeping training provider|
|Interest-free payment plans to spread the cost|
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.
- ICB membership fee
- Exemption fee
- 24/7 online Rogo Assessments
- Printed workbook containing lessons, examples, activities and assessments
- Printed model answers workbook
- Tutor marked Assignments
- Award-winning expert subject tutor support by e-mail and telephone
- Guaranteed same-day assignment marking
- Mock exams for each business type
- Free repeat lessons
- 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.
- 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
- Share of profit
- Balance Sheet
- Revaluation of Assets
- Changes in the partnership during the year
- Admission of a new partner
- Retirement of an existing partner
Non-Profit Club Accounts
- Statement of Assets and Liabilities
- The Receipts and Payments Account
- 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
- Fund raising events
- Donations and Bequests
- Gift Aid
- Loans from members
- Prepaid expenses – brought forward and carried forward
- Accrued expenses – brought forward and carried forward
- Other adjustments
Limited Liability Accounts
- Limited Companies
- Shareholders and Directors
- Executive Directors
- Non-Executive Directors
- The Administrative Requirements of a Limited Company
- The Memorandum of Association and the Articles of Association
- The Company Secretary
- Private Limited Companies
- Public Limited Companies
- Types of Share
- Ordinary Shares
- Preference Shares
- Loans and Debentures
- Accounting for Shares Issues
- The Share Premium Account
- The Distribution of Profits and Retained Earnings
- Distribution of Profits
- Retained Profits
- Limited Company Financial Statements
- The Profit and Loss Account
- The Balance Sheet
- Directors’ Loan Accounts
- Revenue (or Distributable) Reserves
- Capital (or Non-Distributable) Reserves
- Debentures and the Payment of Interest
- Limited Liability Partnerships
- Employment Status in LLP’s
- Final Accounts for a LLP
- Interest on Capital
- Mark-up & Margin Calculations
- Mark-up and Margin
- Profit Calculated as the Difference Between Cost Price and Selling Price
- Profit Calculated as a Percentage Increase on the Cost Price
- Calculation of Profit Using Percentages
- Expressing Mark-up as a Fraction Rather Than a Percentage
- Margin (also known as Profit Margin or Sales Margin)
- Ratios and Performance Indicators
- Different Measures
- What is a Ratio?
- What is a Percentage?
- The Financial Statements
- The Financial Ratios
- The Profitability Ratios
- The Liquidity Ratios
- Financial Position Ratios
- Cash Budgets
- The Cash Budget
- Including the Bank Balance in the Cash Budget
- Preparing a Cash Budget Using Changes in the Balance Sheet
You need to hold an AAT Level 3 qualification:
- Bookkeeping – Including the Foundation Award in Accounting Software qualification
- Accounting – Including the Using Accounting Software (UACS) unit
You need to have been awarded this within the last 5 years.
Once you have passed this exam you can apply for full membership of the ICB.
There is 3-hour exam which can be taken from home or at work. You will have 2 weeks from when you receive the exam to take it. Once activated you will have 3 hours to complete it.
The cost of exams can increase at the discretion of the awarding body (ICB). If you include the exam fees as part of your enrolment, 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.
The qualification will be graded at Distinction, Merit or Pass.
This assessment is a home or workplace based assessment and will be graded as follows:
- Distinction 95 -100%
- Merit 90 – 94%
- Pass 85 – 89%
- Fail 0 – 84%
*Examination conditions may be subject to change at the discretion of the awarding body.*
Want more flexibility?
Our tutor support timeframes are deliberately generous and far exceed what most students need.
Most of our students finish well in advance of the course duration. But what happens if you do need a little longer?
This is where our course extension options come into play. We offer one-month, three-month, and six-month extensions so you can feel reassured by knowing that if you do need extra time you have that option.
Course package options
Spread payments over 3 years
Our finance option is provided in partnership with Omni Capital. For your finance application to be considered you must meet the following criteria:
- Be over 18 years of age
- Be employed for at least 16 hours per week or retired and in receipt of a private or company pension. Certain state benefit schemes may be considered.
- Be a permanent UK resident with a 3 year address history
- Have a good credit history with no late payments, debt relief orders or bankruptcies
- Have a valid email address and can access it
Please note that meeting the criteria listed above does not guarantee finance acceptance.
If you want to enrol on a course and you have questions about your Omni Capital application or want to discuss other payment options please call us on 0800 594 2822.