The qualification is made up of 4 modules. Please note more detailed outlines per module are available on request
Bookkeeping to Trial Balance (48 hours, 12 weeks part-time)
This module introduces the learner to source documents, the rules of double entry, subsidiary journals, the general ledger, bookkeeping for the different inventory systems and bank and creditors reconciliations. It will provide skills for the Accounts Clerk (the individual that processes monthly financial transactions) and the Debtors and Creditors Clerk functions.
Payroll and Monthly SARS returns (48 hours, 12 weeks part-time)
This module will revise the manual monthly bookkeeping function. It will introduce learners to payroll and the Basic Conditions of Employment Act as well as basic business ethics. Learners will be able to complete the payroll function from the bookkeeping perspective and calculate PAYE, SDL and UIF. A learner will be able to complete the monthly and annual SARS payroll returns (EMP201, IRP 5, IT3a, IRP501). Learners will also be able to complete the VAT201 return.
Computerised Bookkeeping (12 hours, 3 weeks part-time)
It is essential that bookkeepers are able to work effectively on a computer. Learners must demonstrate this competence in basic business computing and a computerised accounting package.
This module is designed to prepare learners for completing the ICB Computerised Bookkeeping Portfolio of Evidence (PoE) which will include the completion of the monthly bookkeeping cycle on Pastel Accounting and Microsoft Excel, Word and PowerPoint. Learners are required to have basic computer skills and working knowledge of Pastel Accounting for Windows or equivalent before doing this module and have access to up-to-date versions of these programmes to complete the POE.
Business Literacy (48 hours, 12 weeks part-time)
This module covers the outcomes of the fundamental unit standards required for the National Diploma Technical Financial Accounting. Even if the individual is in possession of a Level 4 (Grade 12 or equivalent) certificate he/she must still complete this learning area due to the fact that the fundamental unit standards of this qualification are registered at NQF Level 5, not Level 4. The programme covers the key principles of effective business communication – spoken and written. Learners get to grips with fractions, percentages, ratios, equations and interest rates. Measuring and analysing workplace data is also covered.