ICB Financial Statements

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Description

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

Accreditation

Institute of Certified Bookkeepers as a Quality Assurance Partner of the QCTO.

Entrance requirement

Grade 11 (Std 9) or equivalent

You must be at least 16 years of age.

Duration

This course can be completed in 3 months.

Starting Dates:

Online Classroom Starting Dates:

12 February 2018
16 April 2018
18 June 2018

20 August 2018
29 October 2018

 

Blended Learning Starting Date:

21 July 2018

* These dates are for the Online Classroom and the Blended Learning options, students who wish to enroll for the Home Study option have no particular starting date.

Outline

• Finalisation and interpretation of accounts
• Depreciable assets
• Financial statements of the sole trader
• Partnerships
• Close corporations
• Companies
• Statement of cash flows

Assessment

This course 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.

Award

This course is a short course as part of a national qualification. Once you have completed this course and the remainder of the level you will receive a national certificate or diploma depending on which stream you have choosen.

Fees






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Pretoria


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