This suject forms part of the Foundation Level in the ICB Financial Accounting Programme. It builds on a basic knowledge of bookkeeping to include a study of VAT, basic conditions of employment, RSA statutory registrations, RSA payroll calculations and accounting, SARS efiling and a study of the ethics of a tax practitioner in South Africa.
Description
This subject forms part of the Foundation Level in the ICB Financial Accounting Programme. It builds on a basic knowledge of bookkeeping to include a study of VAT, basic conditions of employment, RSA statutory registrations, RSA payroll calculations and accounting, SARS efiling and a study of the ethics of a tax practitioner in South Africa.
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 10 (Std 8) or equivalent
No prior accounting knowledge needed
You must be at least 16 years of age.
Duration
This subject can be completed in 3 months.
Subjects
Recording business financial transactions
VAT calculations and returns
Basic conditions of employment
Statutory registrations
Complete PAYE documents
Accounting for payroll
E-filing monthly SARS returns
Ethics and the registered Tax Practitioner
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.