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Post Info TOPIC: STUDYING ICB BOOKKEEPING WITHOUT A LEARNING PROVIDER


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STUDYING ICB BOOKKEEPING WITHOUT A LEARNING PROVIDER
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I am interested in studying the ICB Bookkeeping course levels 1, 2, 3 manual without using a learning provider.  I've been looking at Frank Wood's Business Accounting levels 1 and 2.  There is also a bookkeeping and Accounts book by Franks Woods.

If you have a spare moment can you take a look at the contents of the Bookkeeping and Accounts book by Frank Woods (Amazon) and the Business Accounting book by Frank woods.  I can't see much of a difference, so I think I can use either to study for the bookkeeping courses.

Let me know what you think.

Thanks



-- Edited by louis on Friday 21st of May 2010 10:18:25 AM

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Does the Business Accounting booking Level 1 cover the extended trial balance, I can't seem to see it listed in the book.



-- Edited by louis on Friday 21st of May 2010 10:45:20 AM

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louis wrote:

Does the Business Accounting booking Level 1 cover the extended trial balance, I can't seem to see it listed in the book.



-- Edited by louis on Friday 21st of May 2010 10:45:20 AM

On pages 330 - 332 (in the 11th edition of the book).

 



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Hi Louise,

Welcome to the forum and good on you for going it alone.

In the short term you will probably find that only volume 1 of the Frank Woods business accounting is applicable but if you can afford the two then I would definitely add them to your collection.

Rather than going for the bookkeeping and accounts book by the same author (due to obvious inherent repetition) I would advise that you take a serious look at Business Accounts for book-keeping and financial accounting courses by David Cox. third edition, Osbourne Books, this is an excellent book that I still use for reference. It's also a set book for AAT and combined with the Woods business accounting books is all that you will ever need.

Going forwards all of these are also excellent reference books for the future.

Good luck with your exams.

Shaun.

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Thanks Shamus and Peasie for your replies.  Shamus, I will have a look at the other book you recommended.

Would you recommend studying without a learning provider for the ICB courses?

Thanks

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Hi Louis,

it really depends on your learning style.

Personally I work best that way but others need a more structured approach to their studies where they are either answerable to others not just themselves or learn better as part of a group.

Sometimes with learning providers you find they are very much geared toward getting you through exams which is quite different to learning the subject matter.

Thinking now specifically about the ICB exams they are really only related to standard bookkeeping but the examiners keep throwing in the odd twist on a scenario to keep you on your toes.

There is nothing in the ICB syllabus that you will not find covered in the Woods and Cox books to a greater depth than is necessary to pass the ICB exams.

The level I manual is quite straight forwards and you can do it from home so it's very much an open book exam.

If you feel that you can discipline yourself into a study regime rather than having one imposed on you then I would definitely do it yourself rather than going with a learning provider who you will seldom if ever talk to.

Look on the bright side, if you get stuck you've always got all of us on here to help you out... Just a shame that you can't take us all into an exam with you.

Talk later,

Shaun.

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Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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hi every one,

ive just finished studying for my level 1 manual bookkeeping certificate. just waiting for the ICB to send me exam on it. a bit worried about it.
can anyone enlighten me upon its contents. i have done the most recent mock exam, Lee Crescent, and found that quite good.


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The ICB manual exams are now taken online and as such a lot of theory has now been built in.
All of the books mentioned are good but they do not follow a syllabus or structure.

Kaplan do a workbook covering levels 1 and 2 that was written in a structured manner and specific to the exam requirements. tasks with model answers are a great help in preparing for the exams. ICB endorse it and it only costs around £25
They also do a level 3 workbook.

The other books are brilliant for reference once exams have been passed and you need more in depth knowledge.

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jojo345 wrote:

hi every one,

ive just finished studying for my level 1 manual bookkeeping certificate. just waiting for the ICB to send me exam on it. a bit worried about it.
can anyone enlighten me upon its contents. i have done the most recent mock exam, Lee Crescent, and found that quite good.



I won't tell you of its contents but they will send you a link and you have two weeks I think in which to complete it online.....but once you click the start button you have only two hours in which to finish it. I say only - I managed to complete the exam in under an hour and started worrying I had done something wrong. Most of the exam there are drop down answers and you just choose one of them. As Shaun says it is an open book exam which you can use for reassurance.

EDIT : Good luck with the exam. They tell you the result as soon as you have finished the exam so no hanging about waiting and worrying.

-- Edited by Peasie on Monday 28th of June 2010 12:47:44 PM

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gazal wrote:

Kaplan do a workbook covering levels 1 and 2 that was written in a structured manner and specific to the exam requirements. tasks with model answers are a great help in preparing for the exams. ICB endorse it and it only costs around £25


I wonder if Shaun will offer his opinion of Kaplan?

 



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thanks everyone for your replies.

i have the Kaplan book for level 1 and level 2, working through that just now, as ive purchased level 2 from the open college that i am enrolled in and they sent the book out with level 2 binder. i think i just worrying about things, as i so want to better my career prospects and give myself a better life style. ive never had this opportunity.

it quite difficult teaching yourself, but im getting there.



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thanks Peasie for your reply.

i feel much better now.smile

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