What it means to be a Certified Bookkeeper - “MICB”

with the Institute of Certified Bookkeepers.

A “MICB” or “Member” of the ICB attains that certification having proven

that they have performed Bookkeeping Services at a significant level for Level 27
a period exceeding 2 years and have proven their level of Rialto South Tower
525 Collins Street
Bookkeeping Knowledge. MELBOURNE 3000

Tel: 1300 85 61 81
Increasingly, Members will have achieved the Certificate IV Financial Fax: 1300 85 73 93
Services (Bookkeeping). This qualification is a relatively recent admin@icb.org.au
www.icb.org.au
development in the ability for bookkeepers to have their skills and
competence formally, but more importantly “relevantly” recognized within
the education system.

Members in Practice with ICB must be Insured. The ICB has stipulated minimum
Professional Indemnity Requirements and enabled its members to source respectable PII
cover. PII means that clients have a level of security that should the Member err in some
respect, that has financial consequence for you the client, the PII policy will assist in
meeting those consequences.

Clients of ICB Members benefit in engaging with a Bookkeeper who strives to maintain
and enhance their professionalism:
 ICB Provide current guidance on matters affecting the clients business. Be that GST or
BAS related, be that payroll or general matters related to running a small business.
 ICB provide, require and monitor that their members undertake relevant training and
update their knowledge
 ICB source and refer up-to-date information on software solutions and banking
techniques to assist the bookkeeper in not only being professional but also using current
technology to be as efficient as possible.
 By networking with other ICB members your bookkeeper has access to their own
personal development and troubleshooting of any problems that arise
 Technical support provided by ICB registered BAS Agents, Registered Tax Agents,
qualified and experienced bookkeepers and accountants, provide the next level of
assistance to your bookkeeper
 Periodic re-assessment of skills and knowledge combined with the related resources
ensure your bookkeeper remains competent to perform professional Bookkeeping Services.
 The ICB professional Code of conduct requires and regulates that your bookkeeper meets
the standards expected of a real professional service provider

You should expect your ICB Member bookkeeper to:

 Communicate regularly and effectively with you. Problems and different expectations arise
between the client and the bookkeeper when each go about their duties without required
communication. By reporting to you after each visit, each of you understand where the job
is at, the time being taken to process, the expansion of areas requiring attention and what
can be expected for the next appointment.
 Provide the output of the bookkeeping work: be that operational reports or simply proof that
the Bank reconciles (the type of reports should be agreed between you). This ensures that
you see value for the time being spent with you and paid for by you. 

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The Institute of Certified Bookkeepers Ltd is
a member based company limited by
ICBAustralia is a member of ICBGlobal Guarantee. ABN 20 115 901 945