ICB Cost & Management Accounting

  • Campus:


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.


This programme provides the student with the knowledge to analyse financial statements and  understand cash flow and complete basic management accounts, as well as a working knowledge of cost accounting, financial management and business ethics.



  • 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.



Lectures for each module are conducted once a week in the evening or on a Saturday morning over 15 weeks.


Programmes Material

The programme fee includes ICB registration and membership, ICB assessment fees and all programme material, which becomes the property of the student.


Programme Evaluation

The programme assessment portfolio of evidence includes assignments, formative evaluations and written examinations.



Cost & Management Accounting

  • An introduction to managerial accounting.
  • Controlling inventory and overhead costs.
  • Accounting for a manufacturing enterprise.
  • Budgeting and standard costing.
  • Job costing.
  • Financial Management.
  • Organisational ethics.


Course Information


  • Completed Grade 11 (Std 9) or equivalent.
  • Students must be at least 16 years of age.


Course Information
Course Information


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, an educational brand of The Independent Institute of Education (Pty) Ltd ( The IIE) which is registered with the Department of Higher Education and Training (DHET) as a Private Higher Education Institute, offers support sessions for the Cost and Management Accounting programme certified by FASSET and is one of two modules constituting the Further Education and Training Certificate: Bookkeeping, NQF L4 (SAQA ID 58376), which ICB offers. 


On successful completion of this Cost and Management Accounting module, students will receive a full transcript of results from the ICB. FASSET will issue your qualification certificate to you within three months once and if you have completed all the modules that make up your qualification.


Course Information

Similar Programmes

The Business School

The Business School at Varsity College offers ambitious working adults the opportunity to build on their skills with convenient part-time study. You can choose from a variety of world class programmes, that won’t impact on your work hours.

Our aim is to provide a vibrant, fulfilling experience for students. And to ensure their return to a formal learning environment is as undaunting as possible. We offer a high standard of education, with high quality educators and hand-picked partners.

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