The first of our study guides for the ICB Level 2 Certificate in Bookkeeping is now available to buy from Amazon, in print format or as a print replica for Kindle.

This is the first of the level 2 study units, and a study guide for A2 will follow in the next few weeks.

This comprehensive study guide for the ICB (Institute of Certified Bookkeepers) A1 exam, part of the Level 2 Certificate in Bookkeeping, covers the key components in the unit and prepares students for their exam.

Written by an experienced bookkeeping and accounting lecturer, this guide covers all the key material and includes a wide range of practice questions to cement and apply the knowledge required to pass.

Part 1 – Underpinning Knowledge
• Identify the various methods of payments and receipts to and from a bank account
• Understand the legal differences between the structures of different types of businesses
• Understand the specific accounting requirements for different accounting systems
• Understand the importance of the Chart of Accounts
• Understand the basic principles involved in double-entry bookkeeping, including the format of the accounting equation

Part 2 – Prepare Business Documents
• Understand the purpose and range of business documents
• Understand the need to accurately prepare business documents for goods and services supplied
• Understand the various rates of VAT
• Understand how to correctly account for VAT in a bookkeeping system

Part 3 – Entering Transactions
• Understand the purpose of, and make entries into, a bookkeeping system
• Calculate the value of equity
• Understand the purpose and need to record petty cash

Part 3 – Assessment Support

Part 4 – Answers
• Answers to chapter questions

The post ICB A1 Study Guide first appeared on Quo Vadimus Media Ltd.

This means that through buying all 4 together for all four themes of the qualification, they are also available at a discount.

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