This is the first subject in the AT SA Accounting Technician NQF Level 3 Certificate Programme. Basic Accounting 1 teaches the student principles of recording and processing financial transactions, preparing and recording financial documentation and processing ledger transactions and extracting a trial balance.
Description
This is the first subject in the AT SA Accounting Technician NQF Level 3 Certificate Programme. Basic Accounting 1 teaches the student principles of recording and processing financial transactions, preparing and recording financial documentation and processing ledger transactions and extracting a trial balance.
Accreditation
Accounting Technicians of South Africa as a Quality Assurance Partner of FASSET.
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
There are no formal entry requirements in terms of qualifications, but learners must have a good level of literacy and numeracy and must be able to complete assessments in English. No prior accounting knowledge needed.
Duration
This subject can be completed in 3 months.
Subjects
- Understand the role of the books of prime entry
- Understand the principles of coding
- Understand the double entry book-keeping system
- Understand the various types of discount
- Understand the use of the Journal
- Understand control accounts
- Prepare the financial documents to be sent to credit customers
- Enter sales invoices and credit notes into the appropriate books of prime entry
- Process payments from customers
- Process suppliers? invoices and credit notes
Packages
This course is available via the Online Premium package. This package includes the following:
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 course is assessed through a Computer based test (centrally set and assessed by AT SA)
What's next
You can continue your studies with SACOB and AT(SA) and complete more subjects that make up this qualification.
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