Yes, ICB is a recognised qualification worldwide. You can use your ICB qualifications to find work anywhere in the world. Employers value ICB qualifications because they are scarce skill qualifications. As a student, you can study further with international institutions like CIMA.
Is ICB Recognised In The UK?
Yes, ICB is recognised in the UK. It is also recognised internationally. This means that you can study further with international institutes like ACCA (Association of Chartered Certified Accountants UK) and CIMA (Chartered Institute of Management Accountants UK). You can also look for work in the UK with an ICB qualification.
Is ICB Recognised In South Africa?
Yes, ICB is recognised in South Africa. ICB is registered on the South African NQF system and their training providers are accredited by the Department of Higher Education and Training (DHET).
What Is An ICB Qualification?
An ICB qualification is a business qualification. It can range from financial accounting, business management to office administration. ICB stands for Institute of Certified Bookkeepers.
ICB courses are accredited and recognised in the National Qualifications Framework system. Most ICB courses are business-related.
What Are ICB Courses?
ICB courses are courses that focus on business, finance and office administration.
Here is a list of ICB courses offered at Matric College:
- National Certificate in Junior Bookkeeping
- FET Certificate in Senior Bookkeeping
- National Diploma in Technical Financial Accounting
- National Diploma in Certified Financial Accounting
- Small Business Financial Management: National Certificate Course
- Business Management Office Administration: Higher Certificate Courses
- Business Management Financial Accounting: National Diploma Course
- Office Administration: National Diploma
- Office Administration: National Certificate
- Office Administration: Higher Certificate
Are ICB Courses Accredited?
Yes, all ICB courses are accredited. The ICB is appointed by QCTO (Quality Council for Trades and Occupations) and their courses are registered on the NQF (National Qualification Framework). The NQF is how they achieve recognised qualifications.
Reasons Why You Should Study ICB Courses
You can study ICB courses from anywhere you like. There are over 500 accredited institutions that offer ICB courses.
Here is a list of the benefits that come with studying ICB courses:
- It is recognised worldwide
- Available through distance learning
- Employment friendly
- Improve your skills
- Study with or without matric
- Short and cheap
ICB Self Study
ICB self-study is a student studying an ICB course by themselves. Students have to find their own textbooks or study materials. Tutors and tuition are self-sourced. This method is cheap but students must be self-disciplined.
What Can I Do After ICB?
You can study further. With an ICB qualification, you can get into tertiary institutions. You can look for a job, start your own business or even join a professional body.
How Do You Pass ICB?
To pass ICB you need a minimum of 60% for the overall mark. The overall mark for the exam is 70%. Your exam mark is combined with your PoE and makes up your pass mark. The overall mark for your PoE is 30%.
Colleges That Offer ICB Courses
If you want to study an ICB qualification, here are colleges that offer ICB courses:
- Matric College
- Together We Pass
- The Learning Group
- Bellview Institute Of Distance Learning
- Skills Academy
What Is The Difference Between ICB And AAT?
AAT and ICB are both unique. With AAT, you can study AAT no matter your age, experience or previous qualifications. AAT gives training that helps in developing the ability to start a career in finance.
You can study ICB courses from the age of 16 and must have a grade 10. No experience in accounting is required to study. ICB focuses on developing skills for the work environment.
You can study both qualifications through distance learning. AAT and ICB courses are recognised all over the world.
How Can I Join ICBA?
You can join the ICBA if you have an NQF level 3 qualification or higher. The qualification must be from an ICB training provider or the ICB itself. If you have work experience in accounting or financial courses, you may qualify to be an ICBA member.
You can join the ICBA if you are a student studying towards the courses above. The ICBA will require proof of registration. As a student, you will not have access to all the benefits in the ICBA but you will have access to most of them.
How Do I Get MAAT Status?
You can get MAAT if you are AAT qualified or not. AAT qualified people, join by qualification. If you are not AAT qualified, you can join if you have one of the following:
- You finished the AAT Professional Diploma in Accounting
- Have full or part-qualification with ACCA, CIMA, CIPFA or ICAEW
- Have a full qualification with AIA, CAI, IFA, NIAT, ATSA (formerly AATSA) or NZICA
- gained a professional membership with any of the above professional bodies or SCAAK gained a degree from one of the AAT universities
Does UNISA Recognise ICB Qualifications?
No, UNISA does not credit subjects. Students can only apply for RPL (Recognition of Prior Learning) so that UNISA can check if the qualification they have meets the university or course requirements. Students may or may not be accepted into UNISA with an ICB qualification.
First Published on 10 November 2021
Last Updated: 18 December 2022
