Course Overview
One of the primary reasons why businesses fail is because inadequate control is maintained over the financial affairs of the company with costs being allowed to exceed budget and income, as well as inadequate record keeping of creditors and debtors, for example. This Qualification aims at equipping learners to perform the Accounting function in small organizations and to provide support to Accountants and Financial Managers in medium and large organizations so that the Accounting and Financial Management functions can be more effectively performed to avoid those and other problems.

The program is a series of eight learning areas culminating in the learner becoming a Certified Financial Accountant and this Certificate is the first step towards it. After the first three learning areas the learner is considered a Certified Junior Bookkeeper and a Certified Senior Bookkeeper after the first five learning areas.

This qualification is designed to equip the learning with the knowledge, skills, attitudes and values to be appointed as Accounting Clerks. Accounting Clerks are in very short supply, as all organizations need to be provided with the type of work they do. In most cases, the Accounting clerk will prepare books to account to trail balance on a monthly basis for all organizations.

The Certificate level will start to develop skills in double entry bookkeeping and give an understanding of management and administrative processes. Learners learn how to use manual and computerized accounting systems.

Learning Outcomes
On completion of this Certificate you will be able to:

• Administer credit purchase and credit sales transactions.
• Apply knowledge of income, receipts, payments and expenses.
• Administer Value Added Tax (VAT) transactions.
• Complete reconciliation statements, general ledger accounts and trial balances.
• Administer petty cash.
• Apply knowledge and understanding of personal taxation.
• Apply knowledge of business taxation.
• Record business financial transactions

ICB Examinations
Students write the Institute of Certified Bookkeepers examinations. Upon successful completion of the ICB exams students will be awarded the Certificate in Junior Bookkeeping. Students need 60% to pass.

Modules to be covered for this certification:

• Business Literacy
• Bookkeeping to Trial Balance
• Payroll & Monthly SARS Returns
• Computerized Bookkeeping

Duration:
Part time                17h30 – 20h30                        2 days a week              8 months
Full time                 08h00 – 12h00                        5 days a week              4 months

Please note:

• No proof of qualification will be given before the total amount of the course has been fully paid.
• International exam fees for Institute for Certified Bookkeeper are subject to additional cost, and NOT included.
• Students need to have completed an Introduction to Accounting course.