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Certificate: Accounting (NQF Level 5)


Date: Jun 14, 2022 - Jun 14, 2023

Once-off: R30,970.00

Lecturer: TBA

The Certificate in Accounting aims to provide students with the knowledge, skills and competencies to work effectively as an Accounting Technician.

OVERVIEW

This accounting qualification is accredited by the South African Institute of Chartered Accountants and is aimed at individuals who wish to qualify as Accounting Technicians (SA). SAQA ID: 80189

Accounting Technicians work at all levels of finance and are involved in the day-to-day accounting tasks such as bookkeeping, maintaining accounting systems, drafting financial statements, budgeting, costing and credit control, payroll administration, and tax returns.


TYPICAL JOB TITLES

  • SARS Registered Tax Practitioner
  • Senior Bookkeeper
  • Financial Assistant
  • Accounts Manager
  • Financial Controller
  • Junior Accountant
  • Assistant Finance Manager
  • Payroll Manager

DELIVERY

All modules of this course are delivered online by the SA Accounting Academy. Each module contains, quizzes, practical activ- ities, formative assessments and a final summative assessment that must be completed in order for candidates to be deemed competent.


ASSESSMENTS

All formative and summative assessments are conducted online. Candidates must achieve all mandatory competencies of the qualification. To achieve the qualification, learners must be declared competent in all summative assessments conducted by SAICA/AT(SA).


ASSESSMENT AND CERTIFICATION

Successful completion (i.e. competence in all modules) of this qualification will lead learners to be awarded the Certificate: Ac- counting (NQF Level 5) by the South African Institute of Chartered Accountants (SAICA).


IS THIS COURSE FOR YOU?

This qualification aims to provide successful students with the knowledge, skills and competencies to register as an Accounting Technician (SA) with the South African Institute of Chartered Accountants.
Students who successfully complete this qualification will be able to:

  • Register as a Tax Practitioner with SARS.
  • Start a small practice and confidently draft financial statements for small enterprises, manage budgets, and evaluate finan- cial performance for clients.
  • Work in a company as a Senior Bookkeeper, Financial Assistant, Accounts Manager, Financial Controller, Junior Accountant, Assistant Finance Manager, or Payroll Manager.

THE COMPETENCIES DEVELOPED IN THE COURSE:

  • Drafting statutory financial statements for limited companies.
  • Consolidate draft financial statements for a group of companies.
  • Prepare forecasts and budgets and use budgetary control to meet targets.
  • Prepare performance reports for management.
  • Use the appropriate accounting system to meet organisational requirements.
  • Calculate income tax from all sources of income for an individual and complete self-assessment tax returns.
  • Calculate income tax for corporate entities and complete relevant returns.

CURRICULUM

MODULE 1: DRAFTING FINANCIAL STATEMENTS 

LEARNING OBJECTIVES

By the end of this unit the participant should:

  • Understand the regulatory framework that underpins financial reporting.
  • Understand the key features of a published set of accounts.
  • Understand the basic principles of consolidation.
  • Appreciate the analysis and interpretation of financial statements.
  • Draft statutory financial statements for a limited company.
  • Draft simple consolidated financial statements.
  • Interpret financial statements using ratio analysis.

MODULE 2: ENTERPRISE BUDGETING AND FORECASTING

LEARNING OBJECTIVES

By the end of this unit the learner should be able to:

  • Demonstrate an understanding of the internal and external business factors in budgets.
  • Understand why budgets are used.
  • Understand the skills needed in budget preparation.
  • Prepare forecasts and budgets.
  • Understand the impact that changes in the economic environment will have on the budget.
  • Use budgetary control to ensure organisational targets are met.

MODULE 3: MANAGING AND MEASURING FINANCIAL PERFORMANCE

LEARNING OBJECTIVES

By the end of this unit the learner should be able to:

  • Demonstrate an accurate understanding of the internal and external factors that affect organisations.
  • Be aware of the cost accounting techniques needed in monitoring financial performance.
  • Understand the techniques necessary for measuring performance and managing costs.
  • Collate information from various sources and prepare routine cost reports.
  • Make suggestions for improving financial performance by monitoring and analysing information.
  • Prepare performance reports for management.

MODULE 4: INTERNAL CONTROL AND ACCOUNTING SYSTEMS

LEARNING OBJECTIVES

By the end of this unit the learner should be able to:

  • Demonstrate an understanding of the role of accounting within the organisation.
  • Understand the importance and use of internal control systems.
  • Be able to identify and use the appropriate accounting system to meet specific organisational requirements.
  • Evaluate the accounting system and identify areas of improvement.
  • Make recommendations to improve the accounting system.

MODULE 5: PERSONAL TAX

LEARNING OBJECTIVES

By the end of this unit the learner should be able to:

  • Demonstrate an understanding of legislation and procedures relating to personal tax.
  • Understand the current taxation principals of income from employment.
  • Understand the taxation principals of savings, non-savings and dividend income for an individual.
  • Understand the current taxation principals of property income for an individual.
  • Understand the current taxation principals of basic capital gains taxation for an individual.
  • Calculate income from all sources accurately.
  • Calculate accurately the tax payable on income.
  • Account for capital gains tax correctly.
  • Prepare accurate computations and complete relevant parts of self-assessment tax returns correctly.

MODULE 6: BUSINESS TAX

LEARNING OBJECTIVES

By the end of this unit the learner should be able to:

  • Prepare the relevant pages of a tax return for an unincorporated business and accurately produce the computations to support this.
  • Correctly complete corporation tax returns with all supporting computations for incorporated businesses.

MODULE 7: PROFESSIONAL ETHICS

LEARNING OBJECTIVES

By the end of this unit the learner should be able to:

  • Understand the principles of ethical working in accountancy or payroll.
  • Know how to behave in an ethical manner when working with internal and external customers.
  • Understand when and how to take appropriate action following any suspected breaches of ethical codes.

ABOUT SA ACCOUNTING ACADEMY

SA Accounting Academy is an online platform, where professionals have access to the best and latest knowledge. All of our courses are taught by knowledgeable and experienced instructors, and every course is available on-demand, so students can learn anything, anywhere, and at any time.


COURSE FEES

The course fee is R 30 970.00 and consists of:

  • Study material - Online course material
  • Online Facilitator support
  • Formative and summative assessments
  • AT(SA) admission fees
  • One year AT(SA) associate membership fee of SAICA.

IMPORTANT:
For supplementary assessments, an additional charge will apply for each module rewrite, and a maximum of 3 (three) supple- mentary assessments will be allowed.

PAYMENT METHODS

There are various payment methods available that you can securely pay through your profile which include Credit / Debit Cards and Instant EFT.


Save this course to your Google or Outlook calendar.

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