Course Summary

Course Name:
ICB National Diploma: Certified Financial Accounting
Certification Type:
Course Level:
NQF6
Duration:

The Institute of Certified Bookkeepers (ICB) has made academic changes that will affect certain study programmes in 2021.

The following two courses within the ICB Financial Accounting Programme will be discontinued:

  • Accounting Technician
  • Financial Accountant

The ICB and SAQA announced that the last date of enrolment will be 30 July 2021 and the last day of completion will be 30 July 2025.

To study Financial Accounting at Bellview Institute, sign up before 31 March 2021.

The N4-N6 Financial Management is a good alternative for Financial Accounting

This is a 36 month course where you will gain:

  • Job specific knowledge
  • 18 months practical training
  • Skills for your chosen career

ICB National Diploma: Certified Financial Accounting (Advanced Level)


The Certified Financial Accounting Diploma course is the final level of our programme. It is now time for that last little push before earning your National Diploma and building a successful career in the finance world for yourself!

Throughout all four levels in the Bookkeeping and Accounting course programme you will gain and build on the knowledge and practical skills to become a successful accountant.

Course Information

Certificate Type 

National Diploma: Certified Financial Accounting

Accredited by 

The Quality Council of Trades and Occupations (QCTO)

Awarded by

The Institute of Certified Bookkeepers (ICB)

NQF Level 

Level 6

SAQA ID 

20366

Credits

Overall Cumulative: 280

Length

36 months

Entry Requirement

Matric Certificate

Subjects 

  1. Introduction to Business English
  2. Bookkeeping to Trial Balance (BKTB)
  3. Payroll and Monthly SARS Returns (PMSR)
  4. Computerised Bookkeeping (CPBK)
  5. Business Literacy (BUSL)
  6. Financial Statements (FNST)
  7. Cost and Management Accounting (CMGT)
  8. Income Tax Returns (ITRT)
  9. Business Law and Accounting Control (BLAC)
  10. Corporate Strategy (CRPS)
  11. Management Accounting Control Systems (MACS)
  12. Financial Reporting and Regulatory Frameworks (FRRF)
  13. Research Theory and Practice (in short dissertation; topic: financial accounting) (RTAP)

What Will You Learn?


By the end of your course, you would have gained knowledge and skills in the above mentioned subjects. You will have the ability to:

  • Monthly bookkeeping to trial balance (manual and computerised)
  • Disclose profit and financial position
  • Reconcile suppliers, inventory and bank statements 
  • Calculate PAYE/UIF/SDL
  • Payroll tax and other deductions
  • EMP201, EMP501, IRP5, IRP6 and IT3a documents and VAT returns
  • Monthly bookkeeping
  • Asset disposal
  • Year-end adjustments 
  • International Financial Reporting Standards for SMMEs
  • Branch accounts
  • Incomplete records
  • Analysis of financial statements 
  • Understand cash flow
  • Basic cost and management accounts
  • Prepare manufacturing accounts 
  • Costing and budgeting
  • Complete a full set of accounts for a financial year
  • Support management in finance and accounting
  • Become a SAIT tax practitioner (once you meet their requirements)
  • Know the ins and outs of accounting, taxation (individuals and companies), auditing and business law
  • Compile annual financial statements
  • Register with SAIBA as an Accounting Officer (once you meet their requirements)
  • Work with Chartered Accountants and Auditors
  • Have a thorough understanding of accounting theory and practice, corporate strategy and International Financial Reporting Standards

What Can You Become?


Once you have received your Certified Financial Accounting National Diploma course, you can apply for jobs such as: 

  • Financial Accountant 
  • Tax Consultant
  • Management Accountant

Study Materials


You will have the option to choose between the two packages listed below:

Standard Material:


This package has been created by Bellview Institute around the Textbook from the official ICB publishers. 

The Standard material package includes:

  • ICB Textbooks
  • Bellview Study and Workbook guide
  • Bellview Solution Guide
  • Assessment Guide
  • Exam Trial Paper

OR

PRO Material:


The PRO material package is for those students who need extra help, as it includes a few extras to assist. All the study material and videos come directly from the official ICB publishers. 

The PRO material package includes:

  • ICB Textbooks
  • ICB Study Guide
  • Bellview Assessment Guide
  • USB with videos to boost studying
  • Two Trial Exam Papers on the USB

(The USB is an extra to help with your studies. The videos test your knowledge, it does not replace your study material.)

Assignments and Examinations


Portfolio of Evidence


Once you have paid your registration and exam payments you will receive your Portfolio Of Evidence (PoE). You will receive a PoE per subject, and each one will include:

  • ICB Administration Guide
  • ICB Tests and Projects
  • Answer Books

For each subject, you will have 3 assignments to complete and two tests. The tests will take place at the ICB approved assessment centres in South Africa.

Your complete PoE will be handed in the day of your final exam and will contribute 30% towards your final mark.

Examinations


You will also be required to write a final exam for each subject, which can take place in either:

  • February 
  • May 
  • July
  • September
  • November

Results are released 7 weeks after the exam. It will be found on the Trainee Website as well as emailed to students.

Your exam will contribute 70% towards your final mark.

Fulfill a Future in Finance!


Make yourself more desirable to future employers by adding this National Diploma to your list of qualifications!

Register today and take control of your future!

If you have any further questions regarding our ICB Bookkeeping and Accounting or any of our other courses, do not hesitate to get in touch.

  • Give us a call on our toll-free number 0800 39 00 27
  • Fill out our contact form at the bottom of the page
  • Chat to us on Whatsapp 082 318 8892

Success is only one click away!

Last Updated: 11 August 2020