Certified Financial Accounting ICB National Diploma Breakdown

Take your accounting career to the next level with this final financial accounting course! Get more information about the Certified Financial Accounting: ICB National Diploma Breakdown below.

What you need to know

Subject Outcomes

Keen to know what you will learn with this Certified Financial Accounting: ICB National Diploma? Here’s what you can expect to learn:

Subject Description
Introduction to Business English This subject will prepare you properly for the business environment. Learn how to communicate effectively during meetings, and how to present yourself during presentations. It also touches on business writing, as well as verbal and non verbal communication in the workplace.
Bookkeeping to Trial Balance Get the proper knowledge with an introduction to business, bookkeeping and accounting. Learn the basic skills on tax, transactions, statements and individual debtor and creditors accounts.
Payroll and Monthly SARS Returns Learn how to calculate vat and tax returns, record business transactions, statutory registrations, how to complete PAYE documents, E-filing and accounting for payroll.
Computerised Bookkeeping Having knowledge on computers is very important as an accounting professional. This subject will teach you how to work on Microsoft Word, Excel, and PowerPoint, as well as internet explorer and Microsoft Outlook.This subject will also teach you about general ledger, customer and supplier accounts, and how to deal with balances and journals. Also learn about processing and procedures while maintaining cash books and petty cash.
Business Literacy Learn all about the key principles of effective business communication, whether it’s written or spoken communication. This subject also deals with maths such as equations and fractions, that will help with your calculations.
Financial Statements As a financial accountant, a lot of your duties will deal with financial statements. These include the financial statements of the sole trader, partnerships, close corporations, companies as well as deal with statements of cash flows.
Cost and Management Accounting This subject is an introduction to Managerial Accounting. This includes controlling inventory and overhead costs, doing accounting for manufacturing enterprises, dealing with budgeting and standard costing effectively. It also deals with financial management and organisational ethics and revision.
Income Tax Returns Here you will get an introduction to taxation. Learn all about different aspects that determine taxes and how to deal with tax for employees, business, non residents and turnovers, etc. Also learn how to complete tax returns.
Business Law and Accounting Control Learn all about business and accounting laws that govern accounting. This subject will teach you about the written and unspoken laws of accounting, managing personal finances and different accounting systems.
Corporate Strategy You’ll learn how to apply the principle concepts and models to diagnose, analyse and understand the strategic management process.
Management Accounting Control Systems The purpose of this subject is to teach you the application of management accounting. That will enable you to communicate effectively as a manager and accountant. By the end of this subject, you will be able to see the link between basic accounting practices and what a company needs.
Financial Reporting and Regulatory Frameworks You will get an understanding of the framework of accounting and investment property. This subject will give you the skills to use financial instruments.
Research Theory and Practice (by short dissertation; Topic: Financial Accounting) With this subject you will explore accounting research. You will be given skills that will enable you to formulate research objectives, analyse and interpret findings as well as draw conclusions and make recommendations.

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Interested in learning more about accounting? You can take a look at any one of our other ICB Financial Accounting Courses.