Basic Bookkeeping for Small Businesses

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Course Overview

This skills course could be regarded as the first step in a learning pathway in financial management and accounting, which would end with Accounting and/or Financial Management Qualifications at NQF level 8. The Qualification will be of value to the learner who wishes to study further in the field of Business Planning/Development or Accounting.

Business strategic planning and company management need to be very carefully done in the small business and margins of error in terms of financial planning and management need to be kept to a minimum if small companies are to survive. Financial management complements business financial and strategic planning, general management and human resource management.

Unfortunately many small businesses do not survive because of poor financial management and strategic planning. The future wellbeing of the South African population depends upon the creation and survival of small businesses in the country. The National Certificate in Small Business Financial Management: Level 4 is aimed at providing the entrepreneur and/or a staff member with the necessary knowledge and skills to manage the financial affairs of a small business, thereby assisting it to remain solvent, profitable and compliant with the various legislation relating to taxes, levies, etc.

Learning Outcomes

• An understanding of assets, liabilities, income and expenses
• The ability to perform basic bookkeeping functions
• The ability to perform reconciliations
• The ability to perform year-end procedures
• The ability to prepare final accounts for a small business

Duration

This course includes:

• 2 days, contact time including facilitation and group activity

Please Note:

• Although great care is taken to ensure accuracy of the information on this site, please confirm all important details including dates and fees at time of registration.

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