ICB Financial Statements

R4,470.00

(+R420.00)
(+R420.00)
(+R164.35)
Category:

Description

COURSE DESCRIPTION

The ICB Financial Statements course is one of two required for the ICB Intermediate Level Financial Accounting programme. Building from your basic bookkeeping knowledge the course equips you with ability to prepare annual financial statements as well as perform in depth analysis and interpretation of financial statements

RECOMMENDED FOR

Junior Accountant, Assistant Accountant, Employees in Finance departments, accounts clerks, debtors clerks, creditors clerks, payroll clerks

NQF Level 3 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 3 is equivalent to Grade 11 or Standard 9, and is often a stepping stone to NQF 4 and beyond.

NQF Level 4 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 4 is equivalent to Grade 12 or Standard 10 (Matric), and is a FET – Further Education and Training – category qualification.

NQF Level 5 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 5 is a National Certificate or National Diploma and is a HET – Higher Education and Training – category qualification

NQF Level 6 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 6 is a Bachelors Degree or Higher Diplomaand is a HET – Higher Education and Training – category qualification.

COURSE CONTENTS

 

  • Module 1 Recording business financial transactions
  • Module 2 Depreciable assets
  • Module 3 Finalisation and interpretation of accounts
  • Module 4 Financial statements of the sole proprietorship
  • Module 5 Partnerships
  • Module 6 Internal reporting for corporate entities
  • Module 7 Introduction to IFRS for SMMEs
  • Module 8 Statement of cash flows
  • Module 9 Sundry topics in Financial Accounting

COURSE TYPE

Here are some quick facts about the course.

  • Course duration: Can be completed in Three (3) Months
  • Type of course: Distance learning / correspondence
  • Assessment: Formative assessments / assignment and a summative assessment / examination conducted by the ICB
  • Accreditation: ICB as a Quality Assurance Partner of FASSET
  • Qualification awarded: You will receive your ICB National Certificate on completion of the Intermediate Level programme

ENTRANCE REQUIREMENTS

 

You need the following to study this course.

  • Grade 11 (Std 9), NQF L3 or equivalent
  • Hold a National Certificate in Bookkeeping, or
  • Assessed as competent in Financial Accounting: Foundation Level learning areas
  • Students have to register separately with the Institute of Certified Bookkeepers (ICB) as well as with Aldes Training Academy
  • Aldes Training Academy assists all students with their ICB registrations, at no extra charge
  • Please download and read the course payment and ICB registration details file, including our NEW Pro version package, for further information

ADDITIONAL INFORMATION

  • Grade 11 (Std 9), NQF L3 or equivalent
  • Be a qualified Certified Junior Bookkeeper, or
  • Assessed as competent in Foundation Level: Certified Junior Bookkeeper learning areas
  • Students have to register separately with the Institute of Certified Bookkeepers (ICB) as well as with Aldes Training Academy
  • Aldes Training Academy assists all students with their ICB registrations, at no extra charge
  • Please download and read the course payment and ICB registration details file, including our NEW Pro version package, for further information

COURSE OBJECTIVES

These overall course objectives will give you an idea about what to expect from the course. It is possible that they will help you see that this course is not the right one for you. In this case you are sure to find something more suitable amongst our wide range of courses – just keep searching until you find that perfect course

WHAT YOU WILL LEARN

This skills programme is the next step in the ICB Financial Accounting Certification Programme. It involves a detailed study of financial statements, including: year-end procedures; the interpretation of basic financial statements; depreciation; disposal of depreciable assets; the notes to the financial statements; the accounting concepts of accrual, matching, prudence, cost and consistency to a set of financial records; and the preparation the income statement and balance sheet for various types of companies

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