Financial qualifications are no longer just for university graduates. Times have changed and tuition has evolved. And financial literacy is a scarce skill. So, whether you have recently left school or are already working, you can study towards an internationally recognised ICB qualification.
The National Certificate in Bookkeeping provides you with the fundamental knowledge of accounting and, through practical application, prepares you to function effectively in an accounting environment.
WHO SHOULD ATTEND
•You aim to be employed in a finance department.
•You are the owner or manager of a small business and keep your own books.
•You require an accounting qualification to help you progress in your career.
The programme comprises of four modules. Lectures for each module are conducted once a week in the evening or on a Saturday morning. Total programme duration will vary depending on module selection.
The programme fee includes ICB registration, ICB assessment fees and all study material, which becomes the property of the student.
This programme consists of four modules, Bookkeeping to Trial Balance, Business Literacy, Payroll and monthly SARS Returns and Computerised Bookkeeping. Each of these modules is outlined in the following sections.
•Completed Grade 10 (Std 8) or equivalent.
•At least 16 years of age.
•Basic computer literacy.
•No prior accounting knowledge is required.
Bookkeeping to Trial Balance
- Introduction to basic business, bookkeeping and accounting.
- Value Added Tax and source documents.
- Recording cash transactions.
- Recording credit and sundry transactions.
- Inventory systems.
- Individual accounts for debtors and creditors.
- Bank reconciliation.
- Supplier reconciliation.
- General ledger reconciliation.
- Effective business communication.
- Spoken and written communication.
- Working with numbers, fractions and decimals.
- Percentages, ratios, proportions and equations.
- Interest rates in business.
- Measure, analyse and communicate workplace data.
Payroll & Monthly SARS Returns
- Recording business financial transactions.
- VAT calculations and returns.
- Basic conditions of employment.
- Statutory registrations.
- Complete PAYE documentation.
- Accounting for payroll.
- Ethics and the registered Tax Practitioner.
- Basic computer concepts and working with Windows.
- Understanding the Internet and Microsoft Outlook®.
- Working with MS Excel®, MS Word® and MS PowerPoint®.
- Complete the monthly bookkeeping cycle using the above software.
- The monthly bookkeeping cycle on a computerised accounting package.
The Institute of Certified Bookkeepers (ICB) is a Quality Assurance Partner (QAP) of the Finance and Accounting Services Sector Education and Training Authority (FASSET SETA). FASSET SETA falls under the Occupational Qualifications Framework (OQF) which is quality assured by the Quality Council for Trades and Occupations (QCTO).
Varsity College, a brand of The Independent Institute of Education (The IIE) (Pty) Ltd which is registered with the Department of Higher Education and Training (DHET) as a Private Higher Education Institute, offers tuition for several of the ICB qualifications that are registered with the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF).
The National Certificate in Bookkeeping qualification is an NQF level 3, (SAQA ID 58375), certified by FASSET and is awarded upon completion of all four modules.