ONLINE COURSE ENQUIRY :
This short course will introduce learners to source documents, Value Added Tax (VAT), the rules of double entry, subsidiary journals, the general ledger and trial balance, bookkeeping for the different inventory systems, as well as bank reconciliation, financial reports and cash flow forecasting. The course will provide skills for the Accounts Clerk (the individual who processes monthly financial transactions).
A Grade 12 certificate or an equivalent Level 4 qualification as registered on the NQF.
Upon successful completion of the programme, learners will receive a short course certificate. Learners could also qualify for credits towards the Business Accounting module (BAC100) offered on the Certificate in Banking and Certificate in Bank Credit, should they meet the minimum entrance requirements for these qualifications.
Demonstrate an understanding of basic accounting principles and
the bookkeeping process.
Display understanding of the double entry bookkeeping process.
Demonstrate an understanding of the major journals in the
Understand the bank reconciliation and its importance for businesses.
Display an understanding of VAT.
Demonstrate an understanding of the closing entries and Trial
Balance in the bookkeeping process.
Prepare financial reports and forecast cash flows.
Learners will be assessed by means of a formative assessment (assignment) and a summative assessment (final exam).
This is a part-time course of 40 hours
Learners who have completed this short course certificate may articulate onto other short courses. Depending on the learner’s academic background, other Milpark Business School whole qualifications may also be available to the learner.