School of Commerce

National Diploma: Technical Financial Accounting

You have now reached the upper intermediate level and will learn how to complete a full set of accounts for a financial year whilst supporting your accounting department.

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NQF Level

5

SAQA

36213

Min Credits

N/A

DESCRIPTION

This programme is right for you if you have one or more of the following training or career needs:

  • I would like to make bookkeeping my career, and would like to work in the finance department of a company.
  • I would like to open my own bookkeeping practice one day.
  • I am running a small business and need to know more about the bookkeeping function.
  • I am considering starting a business, but I am not that good at bookkeeping.
  • I would like to become a certified tax technician (CTT), which will allow me to complete monthly and annual SARS tax returns on behalf of a client.

PROGRAMME PURPOSE

The purpose of the National Diploma in Technical Financial Accounting is to provide you with a nationally
accredited, internationally recognised bookkeeping qualification that will allow you to become employable as a
Technical Financial Accountant, Financial Manager, Accounting Technician, Tax Technician, or Financial
Services Manager. Alternatively, if you are already running your own business, this programme will ensure that
you will be able to perform certain bookkeeping functions for your business.

PROGRAMME OUTCOMES

After you have successfully completed this programme, you should be able to do the following:

• 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
• Monthly bookkeeping
• Asset disposal
• Year-end adjustments
• International Financial Reporting Standards for SMEs
• Branch accounts
• Incomplete records
• Analysis of financial statements
• Understand cash flow
• Basic cost and management accounts
• Prepare manufacturing accounts
• Costing and budgeting
• Complete a full set of accounts for a financial year
• Support management in finance and accounting
• Become a SAIT tax practitioner (once you meet the requirements)
• Know the ins and outs of accounting
• Taxation (individuals and companies)
• Auditing and business law.

PROGRAMME STRUCTURE

The National Diploma in Technical Financial Accounting consists of the following eight modules:

Module name
Bookkeeping to Trial Balance
Payroll and Monthly SARS Returns
Computerised Bookkeeping – you will need access to a PC or a laptop for this subject
Business Literacy
Financial Statements
Cost and Management Accounting
Income Tax Returns
Business Law and Accounting Control

ADMISSION REQUIREMENTS

  • Successful completion of the previous learning areas (1–6); i.e. hold the Further Education and Training Certificate: Bookkeeping, NQF Level 4, SAQA 58376.

LANGUAGE REQUIREMENTS

Applicants are required to be proficient in English prior to admission to the course. Applicants whose first language is not English may be required to provide proof of proficiency.

Open registration throughout the year.

What's next after this?

With your Technical Financial Accounting Diploma in hand, why not continue your learning journey with us and apply for a BCom or BBA degree?