Our distance learning Bookkeeping and Accounts course takes you
through the process from first principles to final accounts, giving
you an in-depth knowledge and set of skills which will make you an
asset in any business.
You will learn the fundamentals of bookkeeping, such as the
ledger, the cash book, and sales and purchases. You'll explore
double entry book-keeping and trial balances, before going on to
learn about the journal, bank accounts and balance sheets.
The Bookkeeping and Accounts course will also lead you into the
bigger picture of business finance. You'll look at management
accounting and the different systems used in corporate settings.
Budgets and budget control will be explained, along with cash flow
statements and financial analysis.
Once you have completed this book-keeping course you will be
ready for accounting roles and bookkeeping jobs, and for possible
further study to take your career even further.
You don't need any previous experience or qualifications to
enrol in our Bookkeeping and Accounts course. That's because we
believe in making home study - and a rewarding future - as
accessible as possible.
The Bookkeeping and Accounts course will give you the skills you
need to begin a career in accounting and bookkeeping. However, to
progress further, you will find further study a definite advantage.
The Bookkeeping and Accounts course is the ideal lead into the IAB
Level 2 Certificate and Level 3 Diploma courses.
On completion, you'll receive the ICS Bookkeeping and Accounts
Assessments are a great way of checking your progress. During
your Bookkeeping and Accounts course, you'll complete nine
assessments and a final assessment at the end.
- Assessment 1: 2 short-answer questions
- Assessment 2: 2 scenario-based questions
- Assessment 3: 1 scenario-based question and 1
- Assessment 4: 1 scenario-based question
- Assessment 5: 1 scenario-based question and 1
- Assessment 6: 4 (out of a choice of 5)
- Assessment 7: 5 short-answer questions
- Assessment 8: 2 scenario-based questions and 3
- Assessment 9: 3 scenario-based questions and 1
- Final Assessment: 3 scenario-based questions
and 1 short-answer question
Many questions have multiple parts (i.e. Question 1 a, b, c,
etc.). Short answer questions normally require you to write between
a sentence and a paragraph.
Scenario-based questions test that you can apply the knowledge
you have learnt from the course to imaginary scenarios. For
example, you may be given some information about an imaginary
business and then be required to prepare its accounts.
Generally, assessments can be sent to us online via the ICS
Student Community: it's the fastest way to receive your
Because we're experts in home learning, ICS knows about and
offers all the support you need along the way.
You'll receive study materials that have been specially designed
for distance learning by experts in your chosen field.
You'll have access to an experienced personal tutor both online
and over the phone, ready to help you with guidance and
You'll also be part of the ICS Online Student Community, where
you'll have access to library materials and your account
information, as well as vital links with your fellow students, with
the chance to discuss your work, ask questions and make new
(That's the equivalent of a little less than two hours of study
a week over the 12-month support period)
There are no examination or registration fees for our
Book-keeping & Accounts course.
See your course content
a) Bookkeeping and Accounts
- The Ledger, the Cash Book, the Sales Book and the Purchases
- Examine the most important book of account - the ledger -
in-depth. Explore the cash book and learn how to balance it. Learn
how to record sales and purchases in the sales and purchases
Double Entry Bookkeeping and Trial Balance
- Learn how to conduct double entry bookkeeping and how to post
to the ledger from other books of account. Discover how to extract
a trial balance.
Other Subsidiary Books of Account
- Examine the petty cash book, the returns outwards book, the
returns inwards book, credit notes, statements of account, and
The Bank Account and Bank Statements
- Explore bank accounts and learn how to reconcile bank
- Learn how the journal is used.
Profits, Losses and Final Accounts
- Examine the profit and loss account and the trading
The Balance Sheet
- Discover how to prepare the balance sheet.
b) Finance and Accounting
Introduction to Finance and Accounting
- Examine management accounting and consider its uses for
management. Learn how businesses can raise finance from different
sources. Examine in detail the different internal and external
sources of finance. Consider how the three main factors in the
working capital cycle can be controlled.
Accounting for Business Managers
- Examine the underlying concepts and conventions on which
accounting systems are based. Learn how to prepare company final
accounts. Discover what accounts and financial statements are
contained in a set of company accounts. Consider how stock is
valued and examine methods of calculating depreciation.
Accounting Control Systems
- Examine budgetary control and consider the objectives it hopes
to achieve. Learn how budgets are prepared. Consider how standard
costing compares with budgetary control. Explore variance analysis
and its relation to standard costing.
- Explore the use of ratio analysis in the interpretation of
financial information. Learn how a cash flow statement is
constructed. Examine discounted cash flows and consider how they
are used in capital investment appraisal. Study cost benefit