The AAT and the ICB are both financial organisations. In order to understand the differences between the two, it is important to first know what each organisation is about.
What Is AAT?
The AAT is the Association of Accounting Technicians. It was founded in 1980 and has grown to include more than 150 000 members, including 2 500 licensed bookkeepers.
What Is ICB?
The ICB is the Institute for Certified Bookkeepers. It was founded in 1931 and has since grown to be one of the most reputable providers of bookkeeping qualifications through distance learning.
Once you have completed your ICB Financial Accounting qualification, you can apply to join the ICBA (Institute of Certified Bookkeepers and Accountants). You can see the principal of Matric College speak about the ICB here.
Is ICB The Same As AAT?
No, ICB is not the same as AAT. They are financial organisations that grant their members permission for certain things, such as filing company taxes. The difference is that the ICB focuses on bookkeeping qualifications, while the AAT is more focused on accounting qualifications.
What Is An ICB Qualification?
The ICB Financial Accounting qualification begins at Grade 11 equivalent (NQF level 3)and goes up to the Diploma level. You can begin working as a junior bookkeeper at the end of the first course level.
What Is An AAT Qualification?
AAT qualifications begin at the UK equivalent of the South African Matric level. They also go up to the UK equivalent of the South African Diploma level.
Author: Chloe Bydawell
Editor: Amy Venter
Date Published: May 17, 2022
