ICB Prospectus 2013.Pdf
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RTI CE FIE F D O B E O T O U K T K I T E S E P N I E E R H S T SECURE YOUR FUTURE 2013 PROSPECTUS Internationally recognised | Locally essential www.icb.org.za 1 Whether it’s a CONTENTS recession or boom 3 Let us introduce ourselves time, you want to be 4 Accredited qualifications 5 The ICB’s four certification programmes INDISPENSABLE 6 Accounting Certification Programme Drop those shoulders. Let the worry 8 Public Sector Accounting Certification Programme lines fade. Smile. Because this is your 10 Office Management Certification Programme chance for a career that’ll give you 12 Financial Management for Entrepreneurs Certification stability, stimulation and growth. Programme A career that opens doors in almost 14 Study options every sector of the economy. 15 What our students say A career that could see you being 16 Coursework, exams and assessment in high demand – even during 17 What’s a Portfolio of Evidence? economic cycles when just staying 18 Get credit: Recognition of Prior Learning employed is achievement enough 18 Learnerships for some. 19 Find a job with the ICB In 2013, secure 19 ICB bursaries 20 Frequently-asked questions YOUR FUTURE 21 Glossary of terms 22 2013 assessment timetables Financial qualifications are no longer 24 Make a name for yourself: ‘just for university graduates’. Professional body membership Times have changed and tuition has 25 ICB membership evolved. And financial literacy is a 26 Designations vs qualifications scarce skill. So whether you’ve just left school or are already working, you 27 Where to study can study towards an internationally 30 The process going forward recognised ICB certification and become 31 ICB fees a financial accountant, an office manager 31 Policies and procedures or learn how to manage the finances 31 Online resources of a small business. 2 www.icb.org.za RTI CE FIE F D O B years82 of quality, E O T education & O professionalism U K T I K T E S E N P I E E R H S LET US T INTRODUCE OURSELves… We’ve been around for a while – since 1931 in fact. Which means you can trust YOU CAN STUDY that we know what’s what in this industry. ICB COURSES AT OVER For 82 years we have been improving and 400 TRAINING SITES maintaining the quality of bookkeeping, accounting, office administration and financial management training and WE ASSESS OVER qualifications in southern Africa. 35,000 LEARNER We have also built up the credibility and reputation of these fields. ASSESSMENTS EVERY YEAR As a Quality Assurance Partner (QAP) of the Sector Education and Training Authority for Finance, Accounting, Management Consulting and other Financial Services (FASSET), the ICB is an external assessment (examining) body for many of the business qualifications that FASSET awards. 3 ACCREDITED QUALIFICATIONS Recognised locally and worldwide ICB graduates are recognised by: • The International Association of Bookkeepers (IAB) • The International Association of Accounting Professionals (IAAP) • The Southern African Institute for Business Accountants (SAIBA) • The South African Institute of Tax Practitioners (SAIT) • The Association of Chartered Certified Accountants (ACCA) • Chartered Secretaries Southern Africa (CSSA) • … and the Chartered Institute of Management Accountants (CIMA). SOUTHERN AFRICAN If you graduate through the ICB’s Accounting Certification INSTITUTE FOR Programme (ACP) you can study further to become a chartered BUSINESS ACCOUNTANTS certified accountant, through the ACCA. You could also become a management accountant through CIMA or a company secretary through CSSA. When you graduate from our NQF Level 6 qualification, you can apply to SAIBA for registration as an Accounting Officer for Close Corporations. We also work closely with Pastel Accounting and Pastel Payroll, whose universally popular software is available as a free demo version to learners registered for the Payroll and Monthly SARS Returns course during 2013 (while stocks last). 4 www.icb.org.za FOUR CERTIFICATION PROGRAMMES 4Which will you choose? ACP PSACP ACCOUNTING CERTIFICATION PROGRAMME PUBLIC SECTOR OMCP Perfect if you want to offer ACCOUNTING OFFICE FMECP indispensable bookkeeping CERTIFICATION PROGRAMME and accounting skills, MANAGEMENT FINANCIAL or become a certified This is the course to study if CERTIFICATION PROGRAMME accountant someday. you want to work in finance MANAGEMENT and administration in Ideal if you are interested government or municipalities. in learning a little bookkeeping, FOR CERTIFIED and a lot of all-round office ENTREPRENEURS knowledge. FINANCIAL ACCOUNTANT CERTIFICATION PROGRAMME CERTIFIED Just the ticket if you want CERTIFIED TECHNICAL TECHNICAL CERTIFIED OFFICE to learn a bit about finances MANAGER and how these can contribute FINANCIAL ACCOUNTANT PUBLIC ACCOUNTANT to a small business’s stability and success. CERTIFIED CERTIFIED SENIOR SENIOR BOOKKEEPER CERTIFIED PUBLIC OFFICE ADMINISTRATOR ACCOUNTS CERTIFIED ADMINISTRATOR CERTIFIED SMALL BUSINESS CERTIFIED JUNIOR FINANCIAL MANAGER JUNIOR BOOKKEEPER OFFICE ADMINISTRATOR START HERE START HERE START HERE START HERE Pgs6-8 Pgs8-9 Pgs10-11 Pgs12-13 www.icb.org.za 5 ACP ACCOUNTING CERTIFICATION PROGRAMME ARE YOU...? running a small business? CERTIFIED juggling the finances of a growing company? FINANCIAL ACCOUNTANT considering starting a business of your own someday?1 CFAlcb(SA) known to have a good head for numbers? National Diploma: Financial Accounting NQF L6 (SAQA ID: 20366) aiming to be employed in a finance department? thinking of opening your own bookkeeping practice one day? CERTIFIED TECHNICAL CONSIDER THE FINANCIAL ACCOUNTANT CTFAIcb(SA) ACCOUNTING National Diploma: CERTIFICATION PROGRAMME (ACP) Technical Financial Accounting NQF L5 (SAQA ID: 36213) The ACP’s 12 learning areas (subjects) let you qualify at successive levels of bookkeeping and accounting as you progress. Complete the first four subjects to become CERTIFIED a Certified Junior Bookkeeper and then work your way SENIOR BOOKKEEPER up through other levels to the ultimate qualification CSBIcb(SA) of Certified Financial Accountant. Further Education and Training Certificate: Bookkeeping NQF L4 (SAQA ID: 58376) If you’re keen to go even further you can choose to do the following: • Become a certified accountant by taking some additional courses through the ACCA CERTIFIED • Switch from financial accounting to management JUNIOR BOOKKEEPER accounting through CIMA CJBIcb(SA) • Specialise in taxation via a UNISA Higher Diploma National Certificate: Bookkeeping NQF L3 (SAQA ID: 58375) • Become a tax practitioner through SAIT • Become a chartered secretary through CSSA • Apply to become an accounting officer through SAIBA. 6 www.icb.org.za START HERE LEARNING PRE- WHAT YOU’LL AREAS/SUBJECTS QUALIFICATIONS BE ABLE TO DO See Pg8 12 Accounting Theory • Successful completion of the Financial Accountant, apply to SAIBA to become an and Practice* previous learning areas (1-8) Accounting Officer. Compile annual financial statements; *By dissertation – or be a qualified Certified sign off same for close corporations (if you are registered Financial Reporting and 11 Technical Financial Accountant. with SAIBA as an Accounting Officer); work closely with Regulatory Frameworks a Chartered Certified Accountant and Registered Auditor; 10 Management Accounting • National Diploma: Technical Control Systems Financial Accounting NQF L5 have a thorough knowledge of accounting theory and 9 Corporate Strategy - or equivalent. practice, corporate strategy and regulatory frameworks. 8 Business Law and • Successful completion of the Accounting Technician, Certified Tax Technician. Accounting Control previous learning areas (1-6) Operate with management in an accounting 7 Income Tax Returns – or be a qualified Certified environment; become a SAIT-recognised tax Senior Bookkeeper. practitioner; know the ins and outs of accounting, • Grade 12 (Std 10) or equivalent taxation, auditing and business law; understand how - with accounting as a subject. tax works for individuals and companies. 6 Cost and Management • Successful completion of the Junior Accountant, Assistant Accountant. Accounting previous learning areas (1-4) Perform all monthly and annual bookkeeping; asset 5 Financial Statements – or be a qualified Certified disposal; year-end adjustments; analysis of financial Junior Bookkeeper. statements; understand cash flow; complete basic management accounts; working knowledge of cost • Grade 11 (Std 9) or equivalent. accounting, financial management and business ethics. 4 Business Literacy • Grade 10 (Std 8) or equivalent. Accounts Clerk, Debtors Clerk, Creditors Clerk, Payroll Clerk. Complete monthly bookkeeping to trial balance; 3 Computerised Bookkeeping • No prior accounting knowledge needed. reconcile supplier statements, inventory systems and Payroll and Monthly See bank statements; calculate PAYE / SDL / UIF remuneration; 2 SARS Returns Pg8 • You must be at least 16 years monthly EMP201 returns and EMP deductions; annual of age. 1 Bookkeeping to Trial Balance EMP501, IRP5, IRP6 and IT3a documents and VAT returns. www.icb.org.za 7 ACP TAKE NOTE: 2 PSACP PUBLIC SECTOR ACCOUNTING If you’re registered for Payroll and Monthly CERTIFICATION PROGRAMME SARS Returns, you’ll receive a FREE demo version of Pastel Accounting and Pastel Payroll (while stocks last). This software automates many bookkeeping tasks and CERTIFIED TECHNICAL will save you loads of time. When you’re PUBLIC ACCOUNTANT ready to activate the full version, you can get a discount on it by quoting an ICB code. CTPAIcb(SA) Diploma: Public Sector