ICB FINANCIAL ACCOUNTING

Every business needs someone to manage their books

Want to be able to offer indispensable bookkeeping and financial accounting skills, or become an accountant someday? Then why not study an accounting course?

The ICB Financial Accounting course will equip you with knowledge and practical skills in bookkeeping; financial accounting; income tax; financial management; reporting standards; corporate strateg;, management accounting and research.

You can get your first Financial Accounting qualification after 4 subjects!

There are 12 subjects which build on each other. You will be able to get the ICB Financial Accounting: Foundation Level of this programme (and achieve the National Certificate: Bookkeeping) after successfully passing just four subjects.

This Financial Accountant Course is for anybody. When you keep studying and you’ll progress through the Intermediate levels to the final and most Advanced Level.

Did you know you can join a professional body and get a designation?

Professional Bodies award designations for people who hold recognised, registered qualifications with relevant work experience. Still studying? No Problem! Click here for more information on professional bodies.

National Certificate: Bookkeeping

NQF L3 (SAQA ID: 58375)

TOTAL CREDITS: 120

DURATION

12 months

ENTRY REQUIREMENTS

Grade 10 (Std 8) or equivalent.

No prior accounting knowledge needed. You must be at least 16 years old.

SUBJECTS:

1. Bookkeeping to Trial Balance (BKTB)

2. Payroll and Monthly SARS Returns (PMSR)

3. Computerised Bookkeeping (CPBK)

4. Business Literacy (BUSL)

WHAT WILL I LEARN TO DO?

Monthly bookkeeping to trial balance (manual and computerised); disclose profit and financial position; reconcile suppliers, inventory and bank statements; calculate PAYE/ UIF/SDL; payroll tax and other deductions; EMP201, EMP501, IRP5, IRP6 and IT3a documents and VAT returns.

WHAT CAN MY JOB TITLE BE?

Junior Bookkeeper, Accounts Clerk, Reconciliation Clerk, Payroll Clerk, Accounts Payable/Receivable Clerk

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Your Questions Answered

How do I do the Financial Accounting course?

The ICB offers super flexible study options to fit around your life:

  • In a classroom, via distance learning, full time or part time?  It’s up to you!
  • Just finished school and can’t wait for campus life?
  • A working mom with lots of ambition, but very little time?
  • On a mission to study intensively and qualify in just 6 months?
  • Or maybe you have a longer-term plan to study on the side while working full time?

Whatever your situation, there will be an ICB study route that works for you.

Where can I do the Financial Accounting course?

Over 500 providers to choose from!

ICB courses are available at hundreds of accredited training providers in Southern Africa. Our providers offer classroom or distance learning – or both.
Find your College here.

How will I be assessed?

Our unique study methodology has been designed to give you the best chance at succeeding.

You’ll get a Portfolio of Evidence which includes 3 assignments and 2 tests and you will write a final exam.  Your College will also provide you with college tuition, textbooks, workbooks and study support.

Do I get credits for work experience or other studies?

If you are already working, or have completed some courses in the past, there are some options for you regarding recognition of prior learning, and learnerships.

To be considered for Recognition of Prior Learning (RPL) and get credit towards an ICB qualification, your previous qualifications or part-qualifications must be registered on the NQF and should have been attained within the last five years.

How much does it cost

Only distance learning and independent students pay fees directly to us as the ICB.

Classroom-based students will be billed by their colleges.

In order to receive your PoE or be entered for exams, you must have registered with the ICB and enter exams online on the Student Portal and have made payment via the portal. Classroom students will be registered by the College and will also be billed by their Colleges.

At the time you enter for the first exam of a (calendar) year, the annual student registration fee is payable. View the ICB’s fees here.

When can I start?

ICB exams are held every month, either as an online exam or as a paper-based exam at a College. There are also sessions in the year for Distance learners who would like to write a paper-based exam at an ICB exam venue.

Distance learning students can enter via the student portal and Classroom students will enter exams through their colleges.

Make sure to double check with your college that they will be offering an exam for the subject you want to write on the date you prefer.

You’ll also need to find out what their cut-off dates are for entries for the exams you want to write.

For more detail, have a look at the ICB’s exam timetables and registration dates here.

We hold the following accreditations

The qualifications and training programs offered by Thinkestry are National Qualifications Framework (NQF) aligned and registered with the South African Qualifications Authority (SAQA), ensuring the curriculum and experience with Thinkestry are of a high standard.