| College: |
College SA |
| School: |
Business School |
| Course: |
National Diploma: Technical Financial Accounting |
| Award type: |
National Diploma |
| Programme type: |
ICB National Diploma Qualification Programme |
| SAQA Programme ID: |
SAQA ID: 36213 |
| NQF Level: |
NQF Level 5 |
| Certificate issued by: |
College SA and FASSET |
| Entrance Requirement: |
Grade 12 |
What is a Technical Financial Accountant?
A Technical Financial Accountant is primarily responsible for, amongst other functions:
- Ability to operate with management in an accounting environment.
- Comprehensive knowledge of bookkeeping, financial accounting, management accounting, cost accounting, personal and business taxation, business law and accounting control.
- Thorough knowledge of personal and business taxation and of the Income Tax Act.
- The calculation of taxable income for both individuals and businesses.
- The skills for the completion of income tax returns.
- The ability to provide advice to clients and to be current on South African income tax calculation and collection.
- Working knowledge of business law and accounting control (the audit function).
- Contact Law, Insurance Law, Insolvency Law.
- Internal and Computer Auditing.
- Completing monthly and annual SARS returns on behalf of a client.
Why should I study Technical Financial Accounting?
This course is ideal if you would like to work in the following types of jobs:
- Accounting Technician
- Certified Tax Technician
National Diploma: Technical Financial Accounting is also the perfect course for you even if you wish to improve your current skills and knowledge even if you are already employed in one of these types of jobs:
- Accounting Technician;
- Certified Tax Technician;
With the Certified Technical Financial Accountant qualification, you will be able to:
- Operate with management in an accounting environment;
- Become a SAIT-recognised tax practitioner;
- Know the in's and out's of accounting, taxation, auditing and business law;
- Understand how tax works for individuals and companies.
Did You Know?
National Diploma: Technical Financial Accounting is the third (and compulsory) step towards obtaining the following qualification:
- National Diploma: Certified Financial Accounting.
You cannot obtain the above qualification without first successfully completing:
- Junior Bookkeeping National Certificate, AND
- Senior Bookkeeping FET Certificate, AND
- Technical Financial Accounting National Diploma.
National Diploma: Technical Financial Accounting
In order to begin the National Diploma: Technical Financial Accounting, ALL students must first have completed the previous two qualifications in this programme, namely, The National Certificate Junior Bookkeeping, AND, The FET Certificate Senior Bookkeeper. These previous two qualifications, The National Certificate Junior Bookkeeping and The FET Certificate Senior Bookkeeper are compulsory pre-requisites that you must complete before you can start with The National Diploma: Technical Financial Accounting.
These are the modules and subjects that form part of the compulsory pre-requisite of The National Certificate Junior Bookkeeper:
This is the first module that all students have to complete once they have registered with College SA. This module is designed to introduce students to the College. In this module, you will learn more about how Distance Learning works and what the best ways are to study and to prepare for assessments.
- Business Literacy
- Bookkeeping to Trial Balance
- Payroll and Monthly SARS Returns
- Computerised Bookkeeping
Once you have successfully completed the compulsory pre-requisite of the National Certificate Junior Bookkeeper, you must then move on to the next pre-requisite, The FET Certificate Senior Bookkeeping.
These are the modules and subjects that form part of The FET Certificate Senior Bookkeeping:
- Financial Statements
- Cost and Management Accounting
Only once you have successfully completed all the subjects and modules of BOTH pre-requisites, namely, The National Certificate Junior Bookkeeping, AND, The FET Certificate Senior Bookkeeper, may you then begin modules and subjects that form part of The National Diploma Technical Financial Accounting:
- Income Tax Returns
- Business Law and Accounting Control
Course Duration:
This course should take you between 14 and 24 months to complete.
Entrance Requirements:
AND
AND
AND
AND
- Access to a computer and to the Internet.
The Institute of Certified Bookkeepers (ICB) – More about Them:
The Institute of Certified Bookkeepers (ICB) is a Professional Institute and a Quality Assurance Partner (QAP) of the Finance and Accounting Sector Education and Training Authoring (Fasset).
The ICB was established in 1931 with the objective of promoting quality training and qualifications for Bookkeeping, Accounting, Office Administration and Financial Management in South Africa.
All the ICB qualifications are South African-based and are registered on the South African National Qualifications Framework (NQF) and the outcomes are relevant to the South African market.
Did you know that you can check out the ICB website for job opportunities? The jobs are all listed by Career Junction. You can click here: http://www.icb.org.za/careers.html to see the jobs that are available.
Registration with the ICB and Assessment Entry
As soon as learners have registered with College SA to study one of the ICB courses, learners need to immediately submit various Forms and fees to the ICB.
Learners must ensure that they are registered with the ICB. Membership Forms for the ICB are available on our website - http://www.collegesa.co.za/downloads. You can choose to pay for your Membership Fee on your own, or this fee will be included with your College SA fees if you choose the All-Inclusive Fee option. In addition to your Membership Fee, you will also have to pay a small Assessment Fee to write the examinations with the ICB. Learners intending to be assessed by the ICB are required to submit an Assessment Entry Form (all the ICB Forms are available on our website, click here to go to them: http://www.collegesa.co.za/downloads) to the ICB. This Assessment Entry Form must be accompanied by the payment of your fees.
Assessments take place in February, May, August and November.
Assessment and Award:
The ICB have prescribed compulsory assessments for this course.The assessment is based on the submission of a Portfolio of Evidence (PoE) to the ICB which will comprise of 3 formative activities, 2 formative evaluations and one summative assessment.
What is a Portfolio of Evidence (PoE)?
PoE assessment comprises formative / interim assessment of activities (assignments) and evaluations (tests) that count 30% towards the total mark. A Summative Assessment (final exam) contributes to the remaining 70% of your marks. The PoE is basically a file containing all the evidence necessary for a learner to be declared competent against the relevant outcomes.
Important Portfolio of Evidence (PoE) Information:
To successfully complete the PoE, you must first work through all the study material and assignments. So if you register for the exam, without allowing enough time to work through all the course material, you will not be able to successfully complete the PoE. (And for that matter, you will also not be well prepared to pass the exam).
The point being that a well-prepared student will be able to complete and pass both the PoE and exam in time. But if you do not prepare, then you will struggle with both the PoE and the exam.
Is this the right course for you – QUESTIONNAIRE:
Do this questionnaire to find out if this is the right qualification for you. Answer Yes or No.
- Do you wish to register for a course that is endorsed by a Professional Institute?
- Do you wish to register for a course that will give you skills in Technical Financial Accounting?
- Are you thinking about becoming one of the following: a Technical Financial Accountant, Accounting Technician or Certified Tax Technician?
- Would you like to increase your knowledge and skills of Bookkeeping and Accounting without having to attend any classes or seminars?
- Would you like to be awarded with a National Diploma?
- Are you hoping to achieve the end-point qualification of: National Diploma – Certified Financial Accounting?
If you answered YES to more than three of these questions, then this the right programme of study for you. We recommend that you register for this course right away!
If you did not answer YES to more than five of the questions, perhaps you should consider registering for one of our other career skills courses.
Other Career Skills Courses You May Be Interested In:
- College SA Certificate in Small Business Management
- College SA Certificate in Senior Management – Finance
If you are interested in one of these courses, please contact one of our Student Registrars and ask them for more information. They will be happy to help you.
Interested? Want to find out more?
If you would like to find out more about The National Diploma: Technical Financial Accounting, please fill in this short form and one of our friendly Student Registrars will respond to your questions and provide you with all the information you need.
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