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PostPosted: Mon Sep 20, 2004 6:17 pm 
What's the difference between a Professional Bookkeeper's designation and the Certified Bookkeeper's designation that the American Institute of Professional Bookkeepers offer?

Thanks

Jack


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PostPosted: Tue Sep 21, 2004 11:31 am 
JACK:The following is a quote from AIPB :
Requirements
Experience: At least 2 years' full-time experience or the part-time or freelance equivalent.
Examination: Candidates must pass a national examination given at Sylvan test centers nationwide.
Code of Ethics: Applicants must sign a Code of Ethics.
The Certification Examination

Test 1
Part 1: Adjusting entries. 1 hr. (approx. 37 questions, 15%-20% of exam). From the unadjusted trial balance through the adjusting entries (accruals and deferrals) to the adjusted trial balance.

Part 2: Error correction. 1 hr. (approx. 36 questions, 15%-20% of exam). Reconciling the bank statement and finding and correcting errors on the trial balance.

Test 2
Part 1: Payroll. 1 hr. (approx. 30 questions, 15%-20% of exam).

Part 2: Depreciation. 1 hr. (approx. 24 questions, 20%-30% of exam). Calculating and recording depreciation, for book or tax purposes, including vehicles.

Test 3
Inventory. 2 hrs. (27 questions, 15%-20% of the exam). How to cost out and record merchandise inventory.

Format of the certification exam
All questions are multiple choice.

Passing Scores and Retests
The passing score for each part of each test is 75%. An applicant who gets a lower grade can schedule a retest.

Preparing for the certification exam
We offer self-teaching workbooks that prepare you for each part of the exam. Each workbook drills you with questions like those on the certification exam.

THE PB DESIGNATION IS FROM UNIVERSAL ACCOUNTING.
TO RECEIVE THE PB DESIGNATION, YOU HAVE TO PURCHASE THEIR COURSE AND THEN TAKE A FINAL EXAM BASED ON THAT COURSE WITH A GRADE OF 90 OR BETTER.

RICHARD

PS PRESENTLY I AM STUDYING FOR THE CB EXAM.


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PostPosted: Thu Oct 07, 2004 9:00 pm 
Like <a href=http://www.knowaccounting.com/education/advancing-your-account-ability/be-a-professional-bookkeeper/>
Universal's Professional Bookkeeper designation</a>, the AIPB's Certified Bookkeeper designation tells volumes about a person's experience and abilities. <p>

"Demand for full-charge bookkeepers is expected to increase as they are called upon to do much of the work of accountants. Those with . . . bookkeeper certification will have the best job prospects." - U.S. Bureau of Labor Statistics Occupational Handbook, 2003-04 edition<p>

For instance, to qualify as a Certified Bookkeeper, a person must have two years experience in bookkeeping type employment. <p>

They must take a three 2-hour tests that demonstrates their ability in Adjustments and Error Correction, Payroll and Depreciation, and Inventory. These tests are not for the weak of heart and should not be attempted without studying the training material available from the AIPB.<p>

Once achieved, the Certified Bookkeeper must maintain their membership with the AIPB and achieve 90 continuing professional education credits every three years.<p>

From time to time I'm asked which one is more important -- that depends. If you are seeking a position with a company (small to mid-size), the PB(Professional Bookkeeper) demonstrates a better understanding of business issues. <p>

For those looking for employment in larger companies, the CB may be the ticket. <p>

Why not get both? The PB and CB have areas requiring similar knowledge making the exam preparation more worthwhile. They have their unique properties, as well. After achieving one, we recommend you begin working to achieve the other. That way, you are prepared to work in any bookkeeping or accounting position.<p>


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