Bookkeeping and Accounting

YEAR COURSES

National Certificate: Bookkeeping
NQF LEVEL : Level 03
SAQA ID : 58375
EXIT OUTCOMES:
A qualifying learner will be able to:

  1. Administer credit purchase and credit sales transactions.
  2. Apply knowledge of income, receipts, payments and expenses.
  3. Administer Value Added Tax (VAT) transactions.
  4. Complete reconciliation statements, general ledger accounts and trial balances.
  5. Administer petty cash.
  6. Apply knowledge and understanding of personal taxation.
  7. Administer petty cash.
  8. Apply knowledge of business taxation.
  9. Record business financial transactions.
  10. Administer petty cash.

Critical Cross-Field Outcomes:
The learner who acquires this qualification should be able to demonstrate ability to:

  • Identify and solve problems by thinking and making responsible decisions.
  • Work with others as a member of a team.
  • Organize and manage him/herself and his/her activities responsibly and effectively.
  • Collect, analyze, organize and critically evaluate performance. .
  • Communicate well using mathematical and language skills.
  • Demonstrate an understanding of the world as a set of related systems by recognizing that problem-solving situations do not exist in isolation.
  • ?Benefit by full personal development, thus contributing to the social and economic development of South African society at large

COURSE CONTENT: -Credit purchases and sales, Income receipts and payments , VAT transactions, Bookkeeping to Trial Balance, Petty Cash, Business Taxation, Business transaction recording.

Further Education and Training Certificate: Bookkeeping
NQF LEVEL : Level 04
SAQA ID : 58376
EXIT OUTCOMES:
A qualifying learner will be able to:

  1. Finalize and interpret accounts.
  2. Interpret and draft financial statements.
  3. Maintain financial records and prepare general ledger accounts.
  4. Calculate and record Value Added Tax transactions and complete VAT returns.
  5. Establish, maintain and use a computerized bookkeeping system.

Critical Cross-Field Outcomes: 
The learner who acquires this qualification should be able to demonstrate ability to:

  • Identify and solve problems by thinking and making responsible decisions.
  • Work with others as a member of a team.
  • Organize and manage him/herself and his/her activities responsibly and effectively.
  • Collect, analyze, organize and critically evaluate performance.
  • Communicate well using mathematical and language skills.
  • Demonstrate an understanding of the world as a set of related systems by recognizing that problem-solving situations do not exist in isolation.
  • Benefit by full personal development, thus contributing to the social and economic development of South African society at large

COURSE CONTENT:

Compile elementary accounting reports , Interpret basic financial statements ,Draft financial statements , Maintain financial records and prepare general ledger accounts ,Complete PAYE documents , Run year end and reconciliation procedures , Administer accounts receivable and accounts payable on the system , Comply with organizational ethics, Business Communication and Numeracy.

National Diploma : Technical Financial Accounting
NQF LEVEL : Level 05
SAQA ID : 58375
Pre-requisite : Bookkeeping NQF Level 4 or equivalent.

 

N.B. Learners without the necessary skills will have to register for Bookkeeping NQF Level 4

EXIT OUTCOMES:
A qualifying learner will be able to:

  1. Process documents relating to goods and services supplied and received.
  2. Maintain records relating to capital acquisition and disposal.
  3. Input, store and output data.
  4. Provide costing reports.
  5. Highlight trends in costs and make suggestions for the reduction of costs and adding value to the organization
  6. Prepare cost estimates for work activities and projects
  7. Contribute to the planning and conducting of an audit
  8. Classify and record Accounting and non- financial data.
  9. Take responsibility for the management of cash and credit
  10. Perform tax computations, prepare returns for business and individuals and submit all required tax returns

COURSE CONTENT:

Auditing Procedures, Cost Management, Planning and Allocation of Resources, Drafting Financial Statements, Statutory Interpretation of the South African legislation, General Ledger Accounts Preparation, Cash Management and Credit Control Systems, Business Tax Returns, Preparation of Ledger Balances and Tax Returns, Recording of income and receipts, Supplying costing information, Determination of taxable income, Professional Values and Ethics, Business Communication , Management of accounting information systems.

 

 

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