ICB FET Certificate: Bookkeeping (Certified Senior Bookkeeper CSBIcb (SA))

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Course Overview

There is a need for adequate control to be maintained over the financial affairs of companies, which sometimes fail due to inadequate preparation of Financial Statements with costs being allowed to exceed budget and income. This Qualification aims at equipping learners to perform the Accounting function in small organisations and to provide support to Accountants and Financial Managers in medium and large organisations so that the Accounting and Financial Management functions can be performed effectively. As all organisations need to employ people with this knowledge, Bookkeepers to Financial Statements are in short supply.

The nature of the Qualification and the integrated work-place assessment requirements will reduce the amount of non-productive time traditionally associated with workplace training when learners enter the world of work as Bookkeepers in medium to large organisations and as senior Bookkeepers in small organisations.

This Qualification has been developed as a coherent set of “generic” competences in Accounting so that it applies to a wide range of different types of accounting jobs in a variety of organizations. Transferable core competences for broadly defined areas of accounting activity have been identified and included in this Qualification as they apply to all employees involved in an Accounting role in any organisation. Some of the individual competencies, particularly those in large organizations relating to a specific job in the field have also been included in the Qualification, where these might have a broader applicability for learners.

Learners completing this Qualification will be able to be employed as Bookkeepers who do the work that requires fundamental knowledge of and the application of Bookkeeping and Accounting procedures in a variety of situations. They require a range of skills and the ability to apply essential methods and procedures within the limits of their authority. Their work roles are in general Accounting where they lend support to the Accountant and/or the Financial Manager of medium to large organizations. They also perform a wide range of Accounting tasks independently in small companies but under the indirect supervision of an external Accountant in terms of legal requirements, in different industries and in commercial and industrial organisations.

Learning Outcomes

On completion of this Certificate you will be able to:

• Completion of the monthly and annual bookkeeping function
• Skills for depreciable asset disposal, year-end adjustments, preparation and analysis of financial statements for sole proprietorships, partnerships, close corporations, companies and a thorough understanding of cash flow statements.
• Completion of basic management accounts and a working knowledge of cost accounting; including knowledge of breakeven analysis, cost-volume-profit analysis, advanced costing, budgeting and standard costing, financial management and business ethics
• Assistant Tax Technician (ATT) status as a member of the South African Institute of Tax Practitioners being permitted to complete SARS returns other than Income Tax assessment returns.

** All assessments are set by the ICB followed by a POE

Duration

• One year with  2 days contact time per module – Followed by an exam for final assessment, and a POE as indicated

Learning assumed to be in place

• Learners accessing the Certificate are assumed to be competent in Mathematical Literacy, Computer Literacy and Communication at NQF Level 3.
• To ensure that a learner is competent regarding the fundamental requirement learners should enter for the Business Literacy module.
• The Certified Junior Bookkeeper qualification will give you full admittance to this certificate.
• The business literacy learning area encompasses the National Qualifications Framework (NQF) level 3 and 4 fundamentals (language and mathematics literacy) and the National Diploma: Technical Financial Accounting specific fundamental unit standards. These fundamentals are necessary to be awarded the applicable South African Qualifications Authority (SAQA) qualifications.

Certification

• Qualifying learners will receive a certificate endorsed by the ICB

Qualification Level

• Further Education and Training, NQF Level 4
• SAQA ID: 58376 – 130 Credits

Why THE ICB?

• The ICB was established in 1931 with the objective of promoting quality training and qualifications for Junior Bookkeepers, Senior Bookkeepers and Accounting Technicians in Southern Africa.
• All the qualifications are South African based and are registered on the South African National Qualifications Framework (NQF) and the outcomes are relevant to the South African Market.

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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