Accounting focuses on interpreting and presenting past financial data to the business. Financial management includes plans and insights into future financial plans.

All ICB courses are accredited and recognised nationally and internationally.

Having a certificate in financial management can help you understand the basic skills needed to manage a business. This certificate will help you manage the financial plans and budgets of many businesses.

You can study Small Business Financial Management: ICB National Certificate without Maths. As long as you have a Grade 11 certificate or an equivalent certificate, or a Bookkeeping: ICB National Certificate. 

Some careers you can get with a National Certificate in ICB Small Business Financial Management include:

• Human Resource Management Assistant
• Office Manager
• Junior Researcher
• Sales Assistant

The Small Business Financial Management: ICB National Certificate is on an NQF level 04.

FASSET issues the ICB National Qualifications and you will be issued a programme completion certificate by the ICB.

The four main types of financial decisions include:

• Financing decisions
• Dividend decisions
• Investment decisions
• Working Capital decisions

The SAQA ID for a Small Business Financial Management ICB National Certificate course is 48736.

The ICB, Institute of Certified Bookkeepers, is an independent examination body. The organisation is recognized across the world and has over 150 000 active affiliate member worldwide.

Yes, mathematics plays an important role in the finance of any business. Having basic knowledge in mathematics will help you identify and manage financial risks of the business.

For information on the tuition and registration fees for the Small Business Financial Management course, contact one of our course specialists.

The four main scopes of Financial Management include:

• Financing decisions
• Working Capital decisions
• Investment decisions
• Dividend decisions

With a Small Business Financial Management: ICB National Certificate, you can register for the Office Administration Higher Certificate course, or apply for jobs in Small Business Finance Management.

The four important processes of financial management include:

• Planning
• Organising
• Controlling
• Monitoring

The role of financial management in a small business is to help small business owners understand market risks, and ensure that the business makes a profit. Financial Management also ensures that owners know how much money the company has to work with, so that suppliers and employees are paid on time, and liquidity within the business remains high.

The Small Business Financial Management course covers a total of three subjects.

The three A’s that sum up financial management are:

• Anticipation – Identifying future needs
• Acquisition – Acquiring the required funds
• Allocation – Distributing according to company budget

Financial Managers plan and oversee how money is spent in a business, and are tasked with raising a company’s value, by generating a profitable income.

The financial position of a small business can be improved by:

• Using innovative marketing techniques
• Investing your own money into business
• Keeping track of, and improving cash flow
• Selling assets
• Look towards government grants

The entry requirements for the Small Business Financial Management: ICB National Certificate is a Grade 11 Certificate.

To register for the Small Business Financial Management: ICB National Certificate, you will need to have a Grade 11 or an equivalent certificate.

Yes, it is. However, once you learn what to look for and how to do certain things it will be slightly easier because you will have the knowledge

They give people the opportunity to create jobs for those who are unemployed. A lot of small businesses support local neighbourhoods and communities.

You can ask yourself the following questions if you are considering to start a small business:

• Do I know which business I want to start?
• Do I have a business plan?
• How can I define my business in detail?
• Have I considered the appropriate legal aspects?
• What will I need to make my business succeed?
• Do I have the means to start a small business and keep it running?

All of the final ICB exams are conducted during the academic year – you can find the dates on the ICB website and student portal.

No. For more information on tuition and registration fees, please contact our course specialists.

It may be challenging to get your business up and running but if you are passionate about starting your own business it will not be hard.

A small business is a business with between 10 and 50 employees.

These are some benefits of having a small business:

• You get to do what you love
  
• Set your own schedule
  
• Be your own boss
  
• You have the opportunity to create a business you are passionate about

No, a board of directors typically appoints a CEO. Owner is the term used to refer to a Small Business owner.

Yes. A small business owner could be considered the manager of their business. However, they could also hire a qualified Business Manager to manage their small business.

These are the subjects that will be covered in the Small Business course:

• Business Management 1
  
• Bookkeeping to Trial Balance
  
• Business Literacy

This course has a total of 120 credits.

Yes, the Small Business course is accredited by the Quality Council for Trades and Occupations (QCTO) and by the Department of Higher Education and Training (DHET).

The exam will count for 70% of your final mark.

The assignments and tests account for 30% of your final course mark.

The Small Business Financial Management: ICB National Certificate is issued by FASSET and the Institute of Certified Bookkeepers (ICB).

This course is accredited by the Quality Council For Trades and Occupations (QCTO) and by the Institute of Certified Bookkeepers (ICB).

The Small Business Financial Management: ICB National Certificate course SAQA ID number is 48736.

These are the assessments you will need to complete for the Small Business Financial Management course:

• Assignment 1
  
• Assignment 2
  
• Assignment 3
  
• ICB Test 1
  
• ICB Test 2

Once you complete the Small Business Financial Management: ICB National Certificate course, you can either register for the Office Administration – Business Management: ICB Higher Certificate course or apply for entry level jobs in business or finance.

There are four payment options, these include:

• Monthly Payment
• Unique Payment
• Split Payment
• Advance Payment

The Small Business Financial Management National Certificate course is 12 months long.

No, the Small Business Financial Management: ICB National Certificate course is not expensive at all.

You will be able to apply for a the following positions with a Small Business Financial Management qualification:

• Office Manager
  
• Human Resource Manager
  
• Junior Researcher
  
• Sales Assistant

During the Small Business Financial Management National Certificate course, you will learn the following:

• How to prepare business plans and yearly budgets
  
• How to record business transactions and prepare financial statements
  
• Calculate and record gross pay, deductions, VAT and tax returns

The different types of Small Business are:

• Sole Partnership
  
• Partnership
  
• Corporation
  
• Limited Liability Company

You need to achieve 50% or more to pass your Small Business Financial Management: ICB National Certificate Course.