AT (SA) Basic Accounting 1

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.

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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

Home Study

The Home Study Package offers:

• Textbooks
• Study guides
• Workbooks - Not for all subjects
• Lecturer Support - via Email, Phone and access to the Student Question & Answer Platform

Online Classroom

The Full Online Classroom Package builds on the Home Study Package and provides you with the digital resources that may be available for your course as well as giving you access to the SACOB Online Classroom. The Online Classroom Package offers:

• Video Kit
• Study maps
• Study plans
• Lecturer/Concept videos
• Quizzes
• Assessment downloads and uploads
• SACOB Student Forum

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.