SACOB is proudly accredited to offer the following QCTO / FASSET Qualifications (previously referred to as the ICB Programmes):
Financial Accounting
Business Management
Students with the above qualifications are recognised worldwide by the Southern African Institute of Business Accountants (SAIBA), the South African Institute of Tax Practitioners (SAIT), the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA).
**For many years, the ICB has been the examining partner and a Quality Assurance Partner (QAP) of the Quality Council for Trades & Occupations (QCTO) for these qualifications. This is currently under review though, which will see a new examining partner being selected.
All students registered with the ICB before the 30th June 2024 will continue to sit their exams with the ICB as the assessment partner. Any new students or students who had started their ICB studies but had not yet registered with the ICB by 30 June 2024, will be required to sit the assessments with the new examining partner.
ICB Business Management & Financial Management Intermediate Level: Subject – Financial Statements
This course forms part of the Intermediate Level in the ICB Financial Accounting, ICB Public Sector Accounting, ICB Business Management and the Entrepreneurship Programme as well at the Advanced Level in the ICB Office Administration Programme. It includes a study of year-end procedures via trading, profit and loss accounts and the interpretation of basic financial statements through a series of ratios, calculations and recordings of depreciation, the disposal of depreciable assets in the journals and general ledger, disclosing the movements of non-current assets in the notes to the financial statements. The application of accounting concepts such as that of accrual, matching prudence, cost and consistency to a set of financial records, preparation of the income statement and balance sheets (with notes) for a sole proprietorship, a partnership, a Close Corporation and a limited company as well as the preparation of the statement of cash flow and applicable notes thereto for a limited company... more
ICB Business Management & Financial Management Intermediate Level: Subject – Financial Statements
ICB Business Management Advanced Level: Subject – Financial Management and Control
This subject forms part of the Advanced Level in both the ICB Entrepreneurship Programme as well as the ICB Business Management Programme. You will gain the knowledge and skills on how to apply managerial finance and control principles in a commercial environment.
ICB Business Management Advanced Level: Subject – Financial Management and Control
ICB Financial Accounting Foundation Level: Subject – Business Literacy
This course forms part of the Foundation Level in every ICB Programme, no matter what stream you are studying. It is a unique course, in that both communication and mathematics learning outcomes are covered at the same time. Effective business communication and numeracy is essential for any business practitioner. This course focuses on written and spoken communication as well as numeracy business tools such as fractions, decimal numbers, percentages, ratios, proportions, equations, interest rates and graphs.... more
