national diploma: financial accounting

 

National Diploma: Financial Accounting

NQF L6 (SAQA ID 20366)
TOTAL CREDITS: 280

DURATION

9 months

ENTRY REQUIREMENTS

Grade 11 (Std 9), NQF L3 or an equivalent

SUBJECTS

9. Entrepreneurship 3 (ENT3)
10. Financial Management and Control (FMCL)
11. Financial Reporting and Regulatory Frameworks (FRRF)
12. Research Theory and Practice (by short dissertation, topic: Business Management) (RTAP)

Course Introduction

National Diploma Financial Accounting provide the learner with the knowledge, understanding, skills and experience to become a Financial Accountant. This will aid individual development and enhance the employment prospects of the learner, as well as aiding social transformation through the formal acknowledgement of competencies, skills and knowledge. 

Prepare the learner to work in the Financial Accounting field and develop a specialist accounting and management career, either within South Africa or in other countries around the world. The learner will have the necessary knowledge, skills and insights to operate at a second or third level in Financial Accounting in a large organisation or assume full responsibility for the function in a smaller organisation. 

Provide the learner with a developmental experience which promotes independence and self reliance and encourages the adoption of a critical, questioning approach, analyzing and challenging the truth and value of received wisdom. 

Provide employers and others with an adequate basis for assuring that those learners gaining the Qualification are competent to act as Financial Accountants for companies and other organisations, whether in manufacturing, commercial or service organisations, in either the public or private sectors of the South African economy. 

Provide companies and other organisations, with skilled Financial Accounting staff, who are able to make a positive contribution to the development of business and society, adding value and assisting in the creation of sustainable economic growth, both for their employers and the economy of South Africa. Once qualified, learners will have the necessary financial skills to engage in self-employment of an entrepreneurial nature, thereby contributing to job creation and ultimately contributing to the reduction of unemployment in South Africa

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WHAT WILL I LEARN TO DO?

Work with a management information system at a corporate level. Prepare a business for internal/external audit. Apply principles of strategic intent and strategic thinking in a global entrepreneurial environment. Apply managerial finance and control principles in a commercial environment. Understand and stick to ethical principles. Manage and lead change in your business. Draw up and interpret financial statements and reports in accordance with IFRS.

WHAT CAN MY JOB TITLE BE?

Financial Accountant, Chief Financial Officer in an entrepreneurial environment, Business Consultant, Business Advisor, Accounting Officer (via SAIBA, if you meet their criteria)

 PROFESSIONAL MEMBERSHIP OPPORTUNITY 

Once a learner successfully  completed his/her studies and pay the ICB membership fee, the learner become a member of Certified Financial Accountant CFAIcba(SA)

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