Technical Financial Accounting: ICB National Diploma Breakdown

Become a successful financial accountant with our ICB Technical Accounting course. Get more information with the Technical Financial Accounting: ICB National Diploma Breakdown below.

What you need to know

Subject Outcomes

These subjects will teach you all the skills needed to be a successful finance professional. Here is a breakdown of each of these subjects.

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.

Study Upgrade

Want to learn more skills? You can dive into any one of our other ICB Financial Accounting Courses.