Unlock your financial potential: Speak the language of business
Being able to successfully manage finances is one of the most sought after talents worldwide! A finance qualification is useful across the entire business spectrum, and in any sector, meaning you can apply for private sector, government and international careers.
This course will equip you to perform the accounting function in small organisations and provide accounting support in larger companies.
We’ll teach you how to record company financial transactions, understand costing, work on computerised financial accounting systems, create financial reports for business decision making and manage administrative tasks such as budgeting, payroll and tax transactions.
Career Opportunities
You’ll be prepared for many career opportunities in finance and accounting, including:
- Bookkeeper
- Accounting clerk
- Financial accountant
- Creditors or debtors administrator
- Payroll administrator
- Financial advisor
- Tax administrator
- Auditor
- Banking officer
- Financial manager
- Business manager
- Entrepreneur
Accreditation and Certification
National examinations are set and administered by the DHET. Successful students are awarded the following certificates issued by the DHET:
- National Certificate: N4 Financial Management (SAQA ID: 66874)
- National Certificate: N5 Financial Management (SAQA ID: 66954)
- National Certificate: N6 Financial Management (SAQA ID: 66998)
Once you have successfully achieved all three N4–N6 certificates and have worked for 18 months in a financial environment, your logbook is submitted to the DHET. On receiving DHET approval, you are awarded the highly respected National N Diploma: Financial Management (SAQA ID: 67040).
Course Outline
- NATIONAL CERTIFICATE N4
Financial Accounting N4
Accounting principles • The periodic inventory system • Non-profit organisations • Cash-flow statement of a sole proprietor
Entrepreneurship and Business Management N4
Creativity and idea generation • Market and financial feasibility study • Marketing, management & financial plans • Presentation & evaluation of business plan • Introduction to management • Personal (self) management • Ethics/social responsibility • Operations management • Strategy and competitive advantage • Buying an existing business • Franchising business
Computerised Financial Systems N4
Computerised bookkeeping • Opening a set of accounts, input cash and credit block transactions • Application of VAT
Management Communication N4
Basic communication principles • Interpersonal relationships • Job interviews • Meeting procedures • Language usage and oral communication • Business letters • Reports
- NATIONAL CERTIFICATE N5
Financial Accounting N5
Partnerships • Branches • Stock valuation, insurance claims and profit make-up • Incomplete records, single entry and correction of errors • Analysis and interpretation of Financial Statements
Cost and Management Accounting N5
Cost concepts and objectives • Material • Labour • Manufacturing and overheads
Computerised Financial Systems N5
Spreadsheets • Stock reports and cards • Salaries and wages • Income statements • Manufacturing • Balance sheet • Cash flow • Payroll
Mercantile Law N4
Introduction to the Law • Law of contract and contract of sale • Credit agreements • Lease of immovable property • Contracts of service • Negotiable instruments
- NATIONAL CERTIFICATE N6
Financial Accounting N6
Conceptual frameworks • Value-added tax • Companies • Close corporations • Statement of cash-flow • Auditing
Cost and Management Accounting N6
Job costing • Contract costing • Standard costing • Cost control • Budgets
Computerised Financial Systems N6
Financial statements • Advanced spreadsheets • Cost and management applications on a spreadsheet • Budgets
Income Tax N6
Personal income tax • Gross income • Exemptions from gross income for an individual • Expenses • Allowances and fringe benefits • Prepaid taxes • Retirement and resignation benefits • Estates and trusts • Deductible income for a business • Calculation of tax for different business entities
Entrance Requirements
Grade 12 National Senior Certificate or an appropriate National Certificate (N3) or equivalent qualification