How Do You Become a Certified Bookkeeper

 Have you always wanted to be a certified bookkeeper but weren’t sure where to start? There is a lot of information on the internet and it can be intimidating to search through. We hope to streamline the process and help you become one of the bookkeepers Melbourne as quickly and efficiently as possible!

The official designation for a bookkeeper is CB (or certified bookkeeper). Their job is to provide bookkeeping and payroll services to mostly small businesses.

How do you become accredited?

Certification is done through the American Institute of Professional Bookkeepers. Founded in 1987, this organization now has over 30,000 members! Their goal is to keep their members up to date on all applicable tax codes and changes, help them find jobs and answer questions through a hotline that they provide free of charge. Per their website, they state that “Small businesses often have only a bookkeeper as their sole financial officer. Now they can rely on that de facto CFO as a highly qualified and certified expert, complete with the experience, training and qualifications provided by a program established by the American Institute of Professional Bookkeepers.”

How do I become certified?

The exam itself consists of four parts – four tests and two work book exams. There will be questions covering the entire scope of what it takes to be a successful bookkeeper. You should be prepared to answer questions about deductions, accruals, revenue recognition concepts, payroll, etc. They also will ask you about federal reporting forms and tax information. You can purchase study guides through the AIPB website at a small cost. In order to become certified, you must also have at least two years of full-time experience and sign a code of ethics. There are more than 500 accredited facilities you can take your test at. It costs $25 for members and $60 to register and the exam itself costs $200.

Once certified, you are required to complete 30 continued education credits yearly to maintain your certified bookkeeper accreditation.

What are the advantages of becoming certified?

                 – Increased market value of your services! Certified bookkeepers with up to date accreditation make more money per client than bookkeepers without that certification. This could potentially   add up to thousands of dollars a year over someone that is not certified.

– Looks great on your resume! Clients looking for knowledgeable bookkeepers tend to be on the eye out for certifications. This insures that you’ll be the best person for the job – ready to handle all their accounting, bookkeeping and tax needs.

– You can add the CB designation after your name to add professional clout. How good does   Jane Smith, CB sound? Many potential employers will take you more seriously with an official designation like that. It may be the difference between your resume being looked at or set aside!

If you want more information, check out the American Institute of Professional Bookkeeping website at http://www.aipb.org/index.php or refer to www.bookkeeperco.com.au. Good luck on your quest to become a certified bookkeeper!