ICB National Diploma: Financial Accounting (Business Management)

Count yourself lucky with this one! Not only is this line of work diverse because of the number of industries you can go into; but also because the field of Financial Accounting is very much in demand in South Africa. The ICB National Diploma: Financial Accounting (Business Management) course, qualifies you to work not only as an accountant, but also to find work as a Business Manager. That is double the benefit, making a really strong case for securing your future. This is the power of Business Management and Accounting.

 

Course Information:

Course

ICB National Diploma: Financial Accounting (Business Management)

 Programme Type Partner Programme
 Award Type National Diploma and a Programme Completion Certificate
 Award Issued By FASSET  will issue your National Qualification, and, the ICB will issue you a Programme Completion Certificate.
 Accredited By QCTO
 Course Duration  36 Months
 Entrance Criteria

Successful completion of the ICB National Diploma: Technical Financial Accounting

OR

Be a qualified Certified Technical Financial Accountant

 

 

What is Included in your Course Fee?

 

All your study material, textbooks and study notes

All the study notes and textbooks you need to pass your course is included in your course fees. There is no list of books to buy at a bookstore. No extra hidden costs for textbooks. The price we give you includes everything you will need to complete your course.
When there are external costs like institute membership or exam fees, we will warn you about that before you register. So you are able to budget your monthly study costs.
 

Courier Fees

The courier fees are included in your course fees. No waiting on the Post Office. You don’t spend weeks waiting on your next package with study materials. On average we deliver in a week or less.

 

All your Tutorial Services

We have a dedicated team of tutors and administrators to help you with each and every query you might have on your course.

 

Online Study Group with Together We Pass

Skills Academy students get free access to the Together We Pass (TWP) online study groups. The study groups are facilitated by your own Skills Academy lecturers and tutors. This is where you get the best help with your studies! And when YOU have the answer, you can even help your classmates!

 

Limitless access to your Lecturers and Tutors (in Office Hours)

Together We Pass, in association with Skills Academy, offers free online study groups for all of their students.  That means that within two days of signing up you will be registered in your online study group and you can start engaging with your classmates and your lecturers.

This is key to the Skills Academy strategy of high contact, supported learning so all students are encouraged to use the study groups as much as possible.

Students should also remember that these study groups are facilitated by their own Skills Academy lecturers, which means they can answer any question you might have.  We hope you find the study groups useful in your studies!

 

What is NOT Included in your Course Fee?

  • Writing materials
  • Envelopes to send assignments to us

In fact, you can upload your assignments here through our Learner Portal, and cut out the price of envelopes out as well!

 

How Will My Study Material Look?

Once you have successfully enrolled with us, we will send you a package within the first 1-2 working days. In this package, you will receive a Skills Academy Welcome Pack as well as the first set of study material for the National Diploma: Certified Financial Accounting (Business Management) Course. Look at the image below to see what you can expect from us.

Child Day Care Certificate

 

Our Tutors Will Make Sure You Pass!

Here at Skills Academy, we want to make sure you pass on your first try. That’s why we have a team of smart and helpful tutors that will assist you every step of the way. You can call them during the day for any assistance or Whatsapp them in a group if you need a quick answer to a tough question.

 


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Subjects

 

The subjects from National Certificate: Bookkeeping (Junior Bookkeeper):

1. Introduction to Business English

2. Business Management 1

3. Bookkeeping to Trial Balance

4. Business Literacy 

 

AND
 
 
The Modules from this qualification, Higher Certificate: Office Administration (Certified Senior Office Administrator):
 

5. Office and Legal Practice 

6. Business Management 2

7. Marketing Management and Public Relations

8. Financial Statements 

9. Human Resources Management and Labour Relations

 

AND

 

The subjects from this qualification, the National Diploma: Financial Accounting:

 

10. Business Management 3

11. Financial Management and Control

12. Financial Reporting and Regulatory Frameworks 

13. Research Theory and Practice (by short dissertation, Topic: Business Management) 

 

These Subjects Cover The Following Topics:

 

  1. Introduction To Business English
  • Introduction to communication
  • Non-verbal communication
  • Business writing
  • Speaking, listening and reading skills
  • Meetings
  • Presentations
  • Work readiness

2. Business Management 1

  • What is Management?
  • Financial Planning and Control
  • Cost and pricing of products
  • Manage working capital

3. Bookkeeping To Trial Balance

  • An Introduction To Business, Bookkeeping And Accounting
  • Value Added Tax And Source Document
  • Recording Cash Transactions
  • Recording Credit And Sundry Transactions
  • Inventory Systems
  • Individual Accounts For Debtors And Creditors
  • The Bank Reconciliation Process
  • Reconciling Supplier Statements

4. Business Literacy

  • The key principles of effective business communication 
  • Spoken communication 
  • Written communication 
  • Work readiness 
  • Working with numbers: an introduction 
  • Working with fractions and decimal numbers 
  • Percentages, ratios, proportions and equations
  • Using interest rates in business 
  • Measure, analyse and communicate workplace data 
  • Business communication
  • Business numeracy

5. Office And Legal Practice

  • The role and function of the administrative assistant
  • Reception and diary management
  • Office equipment and ergonomics
  • Office supplies
  • Creating evidence and maintaining confidentiality
  • Creating business documents
  • Acts and laws for business 

6. Business Management 2

  • Planning
  • Decision making
  • Organising
  • Leadership and motivation
  • Control
  • Economic systems and how the economy works
  • The monetary sector, public sector and foreign 

7. Marketing Management And Public Relations

  • Basic concepts in marketing management 
  • The internal market environment 
  • The external marketing environment 
  • Determining a marketing strategy
  • Understanding ‘Product’ in the marketing mix 
  • Understanding ‘Place’ in the marketing mix 
  • Understanding ‘Price’ in the marketing mix 
  • Understanding ‘Promotion’ in the marketing mix 
  • The role of public relations and mass communication 
  • Integration – Formulating a strategic marketing plan

8. Financial Statements

• Finalisation and interpretation of accounts 
• Depreciable assets 
• Financial statements of the sole trader 
• Partnerships 
• Close corporations 
• Companies 
• Statement of cash flows

9. Human Resources Management And Labour Relations

• An introduction to Human Resource Management 
• Strategising, structuring and planning 
• Recruiting potential employees 
• Selection and appointment of an employee 
• Placement and the induction or orientation process 
• Managing performance of employees 
• Compensation management 
• Health and safety in an organisation 
• Career management 
• Human resource development 
• Organisational Behaviour (OB) 
• Employment relations 
• Structures created by the LRA for collective bargaining and dispute resolution

10. Business Management 3

  • Introduction to strategic management
  • The significance and progression of international business
  • Understanding international trade
  • Analysing the macro-environmental matrix
  • Global business strategy
  • International organisational culture and structures
  • International strategy: Joint ventures
  • Entry strategies and decisions

11. Financial Management And Control

  • An introduction to information systems
  • Management information system
  • An introduction to auditing
  • The role and function of the financial manager
  • Material and inventory control
  • Labour cost control
  •  Allocating and controlling overheads
  • Job costing
  • Contract costing

12. Financial Reporting And Regulatory Frameworks

  • The framework of accounting
  • Presentation of financial statements
  • Property, plant and equipment
  • Investment property
  • Impairment of assets
  • Intangible assets
  • Inventories
  • Financial instruments
  • Leases
  • Provisions, contingent liabilities and contingent assets
  • Events after the reporting period
  • Revenue
  • Employee benefits
  • The effects of changes in foreign exchange rates
  • Accounting policies, changes in accounting estimates, and errors
  • Earnings per share
  • Income taxes
  • Statement of cash flows
  • Companies Act

Group Statements Volume 1

  • A group of entities and its financial statements: theory and background
  • IFRS 3 (AC 140) Business combinations
  • Consolidation at acquisition date
  • Consolidation after acquisition date
  • Intragroup transactions
  • Adjustments and sundry aspects of group statements
  • Consolidation of complex group
  • Interim acquisition of an interest in a subsidiary

Group Statements Volume 2

  • Sample questions 3, 10 and 11

AND/OR

  • Consolidated statement of cash flows

13. Research Theory And Practice (by short dissertation, Topic: Business Management) 

  • Discuss the nature of accounting research
  • Identify and articulate the problem or issue
  • Formulate research objectives
  • Select relevant theories, concepts and models to provide a theoretical framework for analysing a research study
  • Analyse and interpret findings
  • Draw conclusions and make recommendations 

Assessments

Assessment is based on the submission of a Portfolio of Evidence (PoE) which will comprise of formative activities and evaluations, as well as one summative assessment (final exam). PoE assessment comprises formative/interim assessment of activities (assignments) and evaluations (tests) that count 30% towards the total mark.

A Summative Assessment (final exam) contributes to the remaining 70% of your marks. The PoE is basically a file containing all the evidence necessary for a learner to be declared competent against the relevant outcomes.

Accreditation

You will be awarded a National Diploma: with Certified Financial Accounting from FASSET. You will be awarded a Programme Completion Certificate from the ICB. As Skills Academy values education and cares about our students, your completion award will be sent to you via courier so that you receive it as soon as possible and without any delays. Below is an example of what your ICB Certificate will look like.
 

 

Certificate

You will be awarded a  ICB National Certificate In Small Business Financial Management (Business Management) .

As Skills Academy values education and cares about our students, your completion award will be 

sent to you via courier so that you receive it as soon as possible and without any delays. Look at the example below.

 

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Choose Your ICB Study Materials

You get two options of study material to choose from which includes: Standard and PRO.

 

Standard Material

The Standard Study Material pack has been developed by Skills Academy around the Textbook from the official ICB publishers.

This study pack includes:

  • ICB Textbooks
  • Skills Academy Study and workbook guide
  • Skills Academy Solution guide
  • Assessment guide
  • Exam trial paper

 

PRO Material

If you need more help with your studies, try the PRO study material pack. It has more study materials to assist you. All the study materials and videos in the PRO option are directly from the Official ICB publishers.

The PRO study materials include:

  • ICB Textbooks
  • ICB study guide
  • Skills Academy assessment guide
  • USB with *videos to boost studying
  • Two trial exam papers on the USB

*The videos on the USB is another way to help you with your studies. Before you write your exam, use the videos to test your knowledge. The video assumes that you have already studied the material.

 

When Can You Start?

You can start right now! Fill in the form below and a friendly Student Consultant will
contact you to ensure this is the right course for you.

 

Last Updated: September 5, 2018

 

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