The ICB Competency Framework outlines the core knowledge, skills, and behaviors expected of Certified Bookkeepers at various stages of their professional journey. It serves as a roadmap for career development, performance standards, and continuous improvement within the bookkeeping profession.

🔍 Purpose of the Framework

The Competency Framework was developed to:

• Provide a clear structure for developing and assessing professional competence
• Align bookkeeping practice with national and international standards
• Support employers in identifying and hiring qualified bookkeepers
• Guide members in identifying skill gaps and pursuing targeted CPD
• Promote professionalism, integrity, and consistency in bookkeeping services

Core Competency Areas

1. Technical Knowledge

• Bookkeeping and accounting principles
• Financial statements preparation
• Taxation and regulatory compliance (local and international)
• Payroll and employee records management

2. Technology and Systems

• Proficiency in bookkeeping software and cloud-based accounting tools
• Digital recordkeeping and data management
• Cybersecurity awareness and ethical data handling

3. Business Understanding

• Business processes and financial operations
• Budgeting, forecasting, and cash flow management
• Understanding of SMEs and their bookkeeping needs

4. Professional Conduct

• Ethical decision-making and confidentiality
• Compliance with legal and regulatory requirements
• Commitment to ongoing professional development

5. Communication and Collaboration

• Effective written and verbal communication
• Client service and relationship management
• Ability to work with diverse teams and stakeholders

6. Critical Thinking and Problem-Solving

• Analytical skills for interpreting financial data
• Identifying discrepancies and recommending solutions
• Supporting business decision-making with financial insights

Learn about the CB Program Syllabus.