Course Overview
This Qualification has been developed as a coherent set of “generic” competences in Accounting so that it applies to a wide range of different types of accounting jobs in a variety of organisations. Transferable core competences for broadly defined areas of Accounting activity have been identified and included in this Qualification as they apply to all employees involved in an Accounting role in any organisation. Some of the individual competencies, particularly those in large organisations relating to a specific job in the field have also been included in the Qualification, where these might have a broader applicability for learners.

This Qualification aims at equipping learners to perform the Accounting function in small organisations and to provide support to Accountants and Financial Managers in medium and large organisations so that the Accounting and Financial management functions can be more effectively performed to avoid those and other problems.

Learners completing this qualification will be able to be employed as Financial Accounting Technicians who do work that requires fundamental knowledge of and the application of basic Bookkeeping and Accounting procedures in a variety of situations. They require a range of skills and the ability to apply essential methods and procedures within the limits of their authority. Their work roles are in general Accounting and Financial Management where they lend support to the Accountant and/or the Financial Manager of medium to large organisations. They also perform a wide range of Accounting and Financial Management tasks independently in small companies but under the indirect supervision of an external Accountant in terms of legal requirements, in different industries and in commercial and industrial organisations.

Learning outcomes:
On completion of this course you will be able to:

• Process documents relating to goods and services supplied and received
•  Maintain records relating to capital acquisition and disposal
• Input, store and output data
• Provide costing reports
• Highlight trends in costs and make suggestions for the reduction of costs and adding value to the    organization
• Prepare cost estimates for work activities and projects
• Contribute to the planning and conducting of an audit
• Classify and record Accounting and non-financial data.
• Take responsibility for the management of cash and credit.
• Perform tax computations, prepare returns for business and individuals and submit all required tax returns

 ICB Examinations
Students write the Institute of Certified Bookkeepers examinations. Upon successful completion of the ICB exams students will be awarded the Diploma in Technical Financial Accounting. Students need 60% to pass.

Modules to be covered in this Diploma:

• Business Literacy
• Bookkeeping to Trial Balance
• Payroll & Monthly SARS Returns
• Computerized Bookkeeping
• Cost & Management Accounting
• Financial Statements
• Income Tax Returns
• Business Law & Accounting Control

Duration:
Part time    17h30 – 20h30                       2 days a week             16 months
Full time    08h00 – 12h00                        5 days a week              8 months

Please note:

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