National Diploma Technical Financial Accounting NQF Level 5


Start Date: 7 May 2024

Payment option : Once-off payment

Full course fee: R6 900.00

Payment option : Debit order

Application fee: R3,150.00

Monthly fee: R1 150.00 per month, six instalments.


Lecturer: Innocent Shongedza

National Diploma: Technical Financial Accounting (NQF 5) course is designed for individuals aiming to start their career as an Accountant or Tax Practitioner. Enhance your professional credibility with this ICB-accredited qualification and take your accounting career to the next level.

About this Course

This National Diploma: Technical Financial Accounting is accredited by the ICB and is aimed at individuals who wish to start their career as an Accountant or Tax Practitioner. SAQA ID: 36213.

The Accounting Technician Level is the third stage of the National Diploma in Financial Accounting. This level delves into more specialized areas of accounting, including tax and business law. The course is divided into two modules.

The first module, Income Tax Returns, focuses on the principles of income tax and the preparation of income tax returns, a vital skill for any accounting professional.

The second module, Business Law and Accounting Control, introduces students to the legal aspects of business and the importance of internal controls in accounting.

Typical Job Titles

  • Technical Financial Accountant
  • Financial Manager
  • Financial Services Manager
  • Accounting Technician
  • Tax Technician

Learning Objectives

After successful completion of this course, you should be able to demonstrate the following competencies:

  1. Understand the principles of income tax and prepare income tax returns for individuals and businesses.
  2. Understand the legal aspects of business, including contract law, company law, and employment law.
  3. Understand the role of internal controls in accounting and how to implement effective accounting controls in a business.

Delivery

The course is delivered through the SA Accounting Academy online learning platform. Each module contains, quizzes, practical activities, formative assessments and a final summative assessment that must be completed in order for candidates to be deemed competent. It is divided into modules that are easily digestible. In this way you can maintain a work-life balance whilst studying and improving your professional skills.


Is this for you?

The Accounting Technician Level of the National Diploma in Financial Accounting is designed for individuals who have completed the Senior Bookkeeper Level or have equivalent knowledge and experience. This course could be the perfect fit for you if:

  1. You're looking to specialize in tax or business law: This course provides a deep dive into income tax and business law, making it ideal for those interested in specializing in these areas.
  2. You're interested in risk management: The course covers the role of internal controls in accounting, a key aspect of risk management in any business.
  3. You're seeking a recognized qualification: The course is accredited by the ICB (Institute of Certified Bookkeepers), providing a recognized qualification that can enhance your professional credibility.
  4. You're aiming for a higher-level role in accounting: This course equips you with the specialized knowledge and skills needed for higher-level roles in accounting, such as Accounting Technician or Tax Practitioner.

If you're ready to specialize in tax or business law and take your accounting career to the next level, then this course is definitely for you!.


Lecturer

Innocent Shongedza

Innocent has more than 12 years industry experience in various finance and accounting roles. During the past 10 years Innocent has moved into the training space where he facilitated on work-readiness programs for thousands of accounting and finance graduates. He is an assessor and moderator registered with various SETAs where he assesses and moderates accounting and finance qualifications. Innocent also trains QuickBooks Online as well as Sage Pastel.


Prerequisites / Admission Requirements

Successful completion of the previous learning areas ICB (1-6) – i.e. hold the Further Education and Training Certificate: Bookkeeping, or equivalent.


Accreditation

This qualification is accredited by the Institute of Certified Bookkeepers (ICB).


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 ICB.


Assessment and Certification

Successful completion (i.e. competence in all modules) of this qualification will lead learners to be awarded the National Diploma: Technical Financial Accounting (NQF Level 5) by the ICB.


Curriculum

To earn the qualification, the candidate must pass all examinations administered by the ICB. SAAA will prepare students to succeed in these examinations. A certificate is awarded for successful completion of:

  • Accounting Technician Level: National Diploma: Technical Financial Accounting, NQFL5, SAQA ID 36213

The Full ICB NQF Level 3 to 6 program (12 Subjects)

Bookkeeper

Senior Bookkeeper

Accounting Technician

Financial Accountant

12 Months

+ 6 Months

+ 6 Months

+ 12 Months

Entry requirements:

Entry requirements:

Entry requirements:

Entry requirements:

Grade 10 (Std 8) or equivalent. You must be at least 16 years old

Successful completion of the previous subjects (1-4)

Successful completion of the previous subjects (1-6).

Successful completion of the previous subjects (1-8).

Subjects:

Subjects:

Subjects:

Subjects:

1. Bookkeeping to Trial Balance (BKTB)

5. Financial Statements (FNST)

7. Income
Tax Returns (ITRT)

9. Corporate Strategy (CRPS)

2. Payroll and Monthly SARS Returns (PMSR)

6. Cost and Management Accounting (CMGT)

8. Business Law and Accounting Control (BLAC)

10. Management Accounting Control Systems (MACS)

3. Computerised
Bookkeeping (CPBK)

   

11. Financial Reporting and Regulatory Frameworks (FRRF)

4. Business Literacy (BUSL)

   

12. Research Theory and Practice (RTAP)

National Certificate: Bookkeeping

Further Education and Training Certificate: Bookkeeping

National Diploma: Technical Financial Accounting

National Diploma: Financial Accounting

NQF L3 (SAQA ID: 58375)

Total credits: 120

NQF L4 (SAQA ID: 58376)

Total cumulative credits: 130

NQF L5 (SAQA ID: 36213)

Total cumulative credits: 251

NQF L6 (SAQA ID: 20366)

Total cumulative credits: 280

Modules:

  • Module 7: Income Tax Returns
  • Module 8: Business Law and Accounting Control

For more information on what will be covered in the curriculum please download the prospectus.


About SA Accounting Academy

The SA Accounting Academy is an accredited private QCTO, SAICA - AT(SA) and ICB qualifications provider. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Qualifications and courses delivered are designed to ensure that you reach your professional goals and advance your career. With our experienced faculty, staff, and resources, you can be confident that you will receive the highest quality of training.

SAAA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.


Course Fees

The course fee is R 6 900.00 and consists of:

  • Study material - Online course material
  • Online Facilitator support
  • Formative and summative assessments
  • ICB admission fees

Important:

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


Payment Methods

Debit / Credit Card or Instant EFT

You can pay directly on our website for an easy, secure, and instant transaction. During promotional periods, customers can take advantage of additional savings. This is the fastest and most efficient option, saving both time and money.

Debit Order

You can choose to pay a deposit and the rest off over a certain number of months via debit order. Your study materials are included within the deposit.

EFT / Bank Deposit

You can make a payment directly into our bank account using your Online Banking App, Online Banking services, or by visiting your local bank branch.

Your Company / Employer

It may be beneficial for your company to invest in training for its staff members. As there are financial and tax advantages for doing so, please speak with your employer or Training / HR manager about the possibility of paying for this training.

Third Party

If you have someone who is willing to pay for your studies, such as a parent or relative, they can either log in and pay on our website or they can pay via any of the payment options above on your behalf.


Payment Options

Option 1: Once off payment (application fee is included in this price)

  • R 6 900.00

Option 2: Pay per subject

  • R 2 000.00 (upfront application fee *)
  • R 3 450.00 (Price per subject **)

Option 3: Monthly Debit Order

  • R 3 150.00 (First Payment on Approval *)
  • R 1 150.00 (Monthly Debit Order for 6 Months (***)

* The application fee includes an annual ICB student fee of three years. If a learner does not complete all the subjects within 3 years (36 months) they will need to pay the annual ICB student fee again.

** The total cost for all the subjects in Option 2: Pay per subject will be R 6 900.00 excluding the application fee.

*** The total cost for option 3: Monthly Debit Order including the First Payment on Approval will be R 8 900.00.


Corporate Training Solutions

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.


Contact Us

Have any questions or need any assistance? Contact us today!


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