I am currently nearing the end of my practical bookkeeping course and taking my Level II paper in October, is there anyone who can give me advice on what to expect in this paper as I cant seem to find any past papers on the net. Thanks
Unfortunately I can't offer any tips or advice for the forthcoming ICB exams. But if you need any technical assistance with the topics included in the exams, or any general study advice please feel free to ask on these forums and I'm sure our members will be able to help you out.
Congratulations Scorpio3. I know how hard the ICB exams are so to score 100% is fantastic!!
Best of luck with your exam Amanda, I also used past exam papers to practice and found they really helped hone my exam technique, although I didn't get anything like 100%!
I just sat the same exam in June - I too was nervous but it went ok - just got my exam results and got 98% (distinction) so cant get better than that!!!
The exam in june had 5 questions:
Q1 - posting to the ledgers (sales, purchase, general etc) Q2 - prepare a bank reconciliation statement Q3 - Journal entries and corrections Q4 - prepare a Trading, Profit and Loss account and a balance sheet Q5 - Complete the VAT 100 form
The majority of pass papers I studied was asking for the same information, some asked for the petty cash book and some had a question just full of theory questions but the most recent pass papers were concentrating on the practical side of book-keeping and not the theory based. However I suppose that could change as you just dont know what will be asked of you in the exam. I would suggest you study up on the practical elements (I studied by revising practical elements during the day and just before bed I read through my theory notes I had made).
I was able to get copies of pass papers from my course provider (Home Learning College), who are you studying the course by? I would contact them to see if they could send you some examples if not I know the ICB also hold these on there website but I think they charge about £5 a paper. I would easily send you the ones I got if you cant get them elsewhere.