This subject forms part of the ICB Financial Accounting, ICB Public Sector Accounting and the ICB Office Administration Programmes. It will enable a student to perform in a manufacturing environment, be able to complete basic management accounts, have a working knowledge of cost accounting, breakeven analysis, cost-volume-profit analysis, advanced costing, budgeting and standard costing, financial management and business ethics. An understanding of cost and management accounting is essential for any bookkeeper, accountant or office manager.
Description
This subject forms part of the ICB Financial Accounting, ICB Public Sector Accounting and the ICB Office Administration Programmes. It will enable a student to perform in a manufacturing environment, be able to complete basic management accounts, have a working knowledge of cost accounting, breakeven analysis, cost-volume-profit analysis, advanced costing, budgeting and standard costing, financial management and business ethics. An understanding of cost and management accounting is essential for any bookkeeper, accountant or office manager.
Accreditation
Institute of Certified Bookkeepers as a Quality Assurance Partner of the QCTO.
Qualification
SACOB Certificate of Completion.
This subject forms part of a national qualification. On completion of this subject and the remainder of the subjects in this level you will receive a national certificate.
Requirements
Grade 11 (Std 9) or equivalent
You must be at least 16 years of age.
Duration
This subject can be completed in 3 months.
Subjects
An introduction to Managerial Accounting
Controlling inventory and overhead costs
Accounting for a manufacturing enterprise
Budgeting and standard costing
Financial management
Organisational ethics & revision
Packages
This course is available via two comprehensive support packages, Online Standard and Online Premium. Each Package includes the following:
Online Standard:
- Textbooks
- Introduction Video
- Exam Info
- Q & A Platform
- Concept Videos
- Forums
- Exam Timetable
- Study Schedule
- A Mock Exam & Solutions
Online Premium:
- Textbooks
- Introduction Video
- Exam Info
- Q & A Platform
- Concept Videos
- Forums
- Exam Timetable
- Study Schedule
- Multiple Mock Exams & Solutions
- LIVE Webinars via Zoom
- Recording of the LIVE Webinars
- Quizzes
- Exam Walkthrough (Pre-recorded)
Assessment
This subject is assessed by the ICB by means of a Portfolio of Evidence where you are required to complete Activities (assignments) and Evaluations (tests) and then complete a final summative assessment (exam) written at an ICB assessment centre. Please be sure to register for your assessment.
What's next
You can continue your studies with SACOB and ICB and complete more subjects that make up this qualification.