How do ICB Exams work?

We provide our students with all the information about the ICB exams. By doing so, our students can make an informed decision regarding their ICB course.

The final ICB exams are completed after you have submitted your Portfolio of Evidence (PoE). The Portfolio of Evidence consists of:

  1. (3) three assignments
  2. (2) two open-book tests

After you have completed and passed the PoE with at least 50% you qualify for the final exams. The ICB exams consist of (2) two options:

  1. Online exams: These exams can be completed by face-to-face students as well as distance learning students.

If you are a distance learning student, you can apply on the ICB Student Portal. If you are a face-to-face student, you can ask your college about the online exams, and they will help you to register for the online exams.

  • These exams are from 01:00 pm to 04:30 pm
  • Paper-based exams: These exams are written in person at a given location that is closest to the student. Both face-to-face and distance learning students can apply for this exam.

If you are a face-to-face student, your college will register on your behalf. If you are a distance learning student, you decide when you would like to write the final exam. You can apply on the ICB Student Portal.

These exams are from 09:00 am to 12:30 pm

NOTE:

Due to safety measures, ICB exam may be cancelled at any time. Students will be provided with alternative dates. Try to book your ICB exams early to avoid disappointments.

ALSO, NOTE:

2022 August and 2023 March paper-based exams will only be available for face-to-face students.

How Can I Book An ICB Exam?

You can book your ICB exam on the ICB Student Portal if you are a distance learning student. If you are a face-to-face student, your college will register you for the examination. 

As a distance learning student, you need to keep in mind that you will not automatically be registered for the final exam. You have to register for the exam yourself. This also means that you need to complete the PoE first. You have to pass the PoE to gain entry into the final exam. 

Each subject has a PoE. Here is a table with an example of the PoE’s that you will complete for the Bookkeeping: FET ICB National Certificate:

Subjects POE
Financial Statements
  • 3 x Assignments
  • 2 x Tests
  • 1 x Final Exam
Cost and Management Accounting
  • 3 x Assignments
  • 2 x Tests
  • 1 x Final Exam

How Can I Postpone An ICB Exam?

You can only postpone an ICB exam once, and the reasons behind the postponement should be valid. For example, a student wants to write in the next sitting, a sick note or death in the family. There is also an ICB exam postponement fee involved. The costs involved in on the ICB website.

If you do not postpone an ICB exam, you will have to pay for a new PoE and for a new ICB exam sitting. Students are also not allowed to give various reasons for the postponement of the exams.

For example, postponing the ICB exam sitting once to write in the next sitting and then another sitting with a sick note. You can only postpone an ICB exam sitting once.

How Do I Register With MACCI?

You will be registered with MACCI as soon as you register for the exam. You will be given a password for MACCI. You will only receive these logins once. You need to ensure that you are registered with the ICB Student Portal and that you are registered for the correct ICB Programme

If you have any issues related to your login details or the programme that appears on MACCI, you should contact [email protected].

What Is The Pass Mark For An ICB Exam?

The pass mark for the ICB exam is 50%. You may also get 50% for your assignments and open-book tests, but you have to get 60% as your final mark combined.

Is ICB Registered?

Yes, ICB is registered. They have been appointed by the QCTO (Quality Council of Trades and Occupations) to offer accredited qualifications that are registered on the National Qualifications Framework (NQF) system.

How Do I Register With ICB?

You can register with ICB by first registering with Matric College. ICB does not provide study material or support for students who wish to complete an ICB Course. 

However, ICB do have training providers that are either accredited by the Department of Higher Education and Training (DHET) or the ICB, that offers their courses.

Is ICB Recognised In The UK?

Yes, ICB is recognised in the UK. Here are the different professional accreditation bodies:

  • ACCA (Association of Chartered Certified Accountants) – UK
  • CIMA (Chartered Institute of Management Accountants) – UK
  • IAB (International Association of Bookkeepers) – UK
  • IAAP (International Association of Accounting Professionals) – UK

Is ICB Recognised At UNISA?

No, ICB is not recognised at UNISA. UNISA has its own unique requirements that they look at. You have to get more information directly from UNISA when you do apply for courses at UNISA. Here are some of the factors that will determine whether you will gain entry:

What Is An ICB Qualification?

An ICB Qualification is what is awarded after you have completed an ICB Course. Here are the different qualifications that you can be awarded.:

  • National Certificate 
  • Higher Certificate or 
  • National Diploma

Why Should I Study An ICB Course?

You should study an ICB Course for the following reasons:

  • It is a scarce skill qualification
  • It is a diverse field of study
  • You can further your studies in Accounting
  • You will be highly employable
  • You can find work in the UK
  • You will earn a decent salary

What Can I Do With An ICB Qualification?

This depends on the type of ICB Qualification that you complete. Here is what you can do after completing an ICB Qualification:

  • Find entry-level employment opportunities
  • Internships
  • Learnerships
  • Part-time employment opportunities
  • Further your studies in the same ICB programme
  • Further your studies with another ICB programme
  • Upgrade your Matric and complete a Degree Course

How Do I Become A Registered Bookkeeper In South Africa?

You can become a registered Bookkeeper in South Africa by following these steps:

Step 1: Get a Qualification in Bookkeeping

Here are the Bookkeeping Courses that we offer:

Step 2: Gain the necessary work experience

You can gain the necessary work experience through:

  • Internships
  • Learnerships
  • Entry-level employment

Step 3: Find permanent employment

After gaining the necessary skills and work experience, you can apply for permanent employment positions. You could also further your studies with these (2) two Financial Accounting Courses:

  1. Technical Financial Accounting: ICB National Diploma
  2. Certified Financial Accounting: ICB National Diploma

These courses will give you the opportunity to work as an Assistant Accountant. The higher your qualification, the more employment opportunities await.

What Does A Bookkeeper Earn In South Africa?

A Bookkeeper in South Africa earns the following salary per month:

R 14 352 per month

The average salary for a bookkeeper is R 14 352 per month in South Africa.

Is A Bookkeeping Certificate Worth It?

Yes, a Bookkeeping Certificate is worth it. Here are some of the reasons why you should complete a Bookkeeping Course:

  • You will always learn new things
  • You can advance from a Bookkeeper to an Accountant
  • Your job is in demand
  • You will earn a good salary
  • Your chances of finding work are high
  • You can become a Bookkeeper without Matric

Who Owns And Runs The ICB?

Amanda Linton is the CEO of ICB. She was appointed in 2017. Other Corporate Directors include:

  • The Chairman – Collin Walker
  • Deputy Chairman – Matthew Addison
  • Support and Resource Manager – Rob Marshall

Is The ICB Closing?

No, ICB is not closing. ICB only closes for a certain period of time in December. They will inform all of their students through email, and they will also announce it on their website.

Why Should I Study At Matric College?

Here are reasons why you should study at Matric College:

  • You can register whenever you feel ready to start an ICB Course. This gives you the time to save money and make an informed decision about your future.
  • You can work and study. This allows you to still earn a living while getting your education.
  • We are a COVID-19 friendly institution. You do not have to attend any physical classes.
  • You will get your study material delivered to you. This means that you do not pay extra for study material, it is included in your course fee.
  • You will be assisted in your Home Language. Our Course Experts speak over 11 languages.
  • You will get excellent quality education at an affordable price. All of our ICB Courses are accredited, and you will be less for our courses compared to a university.
  • You can complete any of our ICB Courses without Matric. This gives you the opportunity to still be successful without matric.
  • Gain a scarce skill qualification. The skills that you will gain are in demand. This increases your chances of getting employed, and you can earn a decent salary.

Author: Jesmé Africa
Editor: Amy Venter
Date Published: May 25, 2022