About this Course
The Fundamentals of Accounting course is a comprehensive program designed for individuals looking to build or enhance their expertise in accounting and bookkeeping. The course provides an in-depth exploration of the subject, ensuring that participants walk away with both theoretical knowledge and practical skills they can directly apply in their work.
The curriculum spans multiple parts, each focusing on specific aspects of accounting and bookkeeping. The course begins by ensuring participants understand the basic principles of accounting, covering everything from the accounting sequence and process to the treatment of capital assets and VAT. Subsequent parts delve into core and advanced accounting functions, including maintaining cash books, managing inventories, understanding VAT, and more.
Participants will gain a comprehensive understanding of various accounting frameworks, the use of accounting software, and the importance of cybersecurity in the accounting field.
By the end of the course, participants will be prepared to approach practical accounting and bookkeeping tasks with a heightened level of proficiency, increasing their value and contribution in their respective roles.
Learning Objectives
After successful completion of this course, you should be able to demonstrate the following competencies:
- Basic Accounting Principles: Understand the accounting sequence and process, and process entries in all books of prime entry.
- Core Accounting Functions: Maintain records of all money received and paid out, reconcile receipts and payments with bank statements, and control physical inventory.
- Advanced Accounting Functions: Code different transactions, complete VAT forms, and understand the objectives of IFRS for SMEs and GRAP.
- Ethical and Legal Compliance: Understand the ethical considerations during accounting and bookkeeping tasks and ensure legal compliance.
- Technology in Accounting: Know the basics of cloud-based accounting software and understand the importance of cybersecurity.
Delivery
SA Accounting Academy delivers this online short learning program course. This course is divided into 19 modules. In this way, you can maintain a work-life balance while studying a just-in-time course to upskill yourself. The required effort is 4 to 8 hours per week.
Is this for you?
The Fundamentals of Accounting course is designed for a wide range of individuals, regardless of their current level of knowledge or experience in accounting and bookkeeping. This course is ideal if you:
- Are New to Accounting: If you have little to no prior knowledge of accounting, this course will guide you through the foundational concepts, ensuring you build a solid understanding from the ground up.
- Want to Enhance Your Career: If you are looking to enhance your career prospects by gaining essential accounting and bookkeeping skills, this course provides practical, industry-relevant training that can help you stand out in the job market.
- Run a Small Business: If you own or manage a small business and need to understand the financial aspects of your operations better, this course will equip you with the necessary skills to handle your accounting and bookkeeping tasks confidently.
- Need a Refresher: If you have some background in accounting but need a refresher on the fundamental principles and practices, this course will help you reinforce and update your knowledge.
By the end of this course, you will have a thorough understanding of accounting and bookkeeping principles and practices, enabling you to manage financial records effectively and make informed business decisions. Whether you are a complete beginner or looking to enhance your existing skills, this course is the perfect starting point for your journey in accounting.
Lecturer
Monja van Zyl CA(SA)
Monja van Zyl completed her CA(SA) articles in Durban and qualified as a chartered accountant in 2006. She then worked for both listed and unlisted companies in various industries where she mentored and led teams of different sizes.
Recognising the importance of balancing work and life, Monja started her own business called Aim Business Advisory Services in 2019. Her target market is the small-to-medium sized companies to whom she gives access to her vast skills and experience at a fraction of the cost on an outsourced retainer model.
Prerequisites / Admission Requirements
The Fundamentals of Accounting course is designed to be accessible to a wide range of learners, including those with no prior accounting or bookkeeping experience. However, to ensure you get the most out of this course, a fundamental understanding of basic arithmetic (addition, subtraction, multiplication, and division) is essential to grasp accounting concepts effectively.
Assessments
This course includes formative assessments to test your knowledge throughout the modules. Learners must achieve all competencies of the course.
Assessment and Certification
On successful completion (i.e., competence in all modules) of this course the learners will be awarded:
- Confirmation of Completion Certificate from SA Accounting Academy
Curriculum
Modules:
Part 1: Introduction to Basic Principles of Accounting
- Module 1: Introduction to Basic Principles of Accounting
Part 2: Core Accounting Functions
- Module 1: Overview of the Course
- Module 2: Cash Book
- Module 3: Petty Cash Book
- Module 4: Purchases
- Module 5: Sales
- Module 6: Inventory
- Module 7: Continuing the Process
- Module 8: IFRS for SMEs & GRAP
- Module 9: Document Retention
- Module 10: Role of the Accountant
Part 3: Advanced Accounting Functions
- Module 1: General Ledger Account Codes
- Module 2: VAT
- Module 3: Employees Tax
- Module 4: Annual Tax Returns
- Module 5: Registering as a Taxpayer
- Module 6 Partnerships
- Module 7: Companies
- Module 8: Information Communication Technology (ICT)
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), ICB and BANKSETA 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 5 900.00 and consists of:
Educational Resources:
- Online Materials: Access a wealth of online resources, from e-books to webinars, enhancing your learning experience.
Learning Support:
- Formative Assessments: Reinforce your understanding with assessments on different topics.
- Learner Forum: Engage in meaningful peer-to-peer interactions through our dedicated learner forum. Share insights, ask questions, and collaborate on projects to enhance your learning experience.
- Continuous Support: Our dedicated team is always on standby to assist with any academic or administrative queries, ensuring a smooth learning process.
Flexibility and Convenience:
- Study Online: Complete your course and take your assessments online, giving you the freedom to learn from anywhere.
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.
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
- R 5 900.00
Option 2: Monthly Debit Order
- R 1 475.00 (First Payment on Approval)
- R 1 475.00 (Monthly Debit Order for 3 Months (*)
* The total cost for option 2: Monthly Debit Order including the First Payment on Approval will be R 5 900.00.
Corporate Training Solutions
At the SA 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!
- Online chat through our website
- WhatsApp: Start chatting (+27635026114)
- Phone: 010 593 0466
- E-mail: [email protected]