PART-TIMEFinancial StatementsSaturday classes start 25 January 2025

About this programme

This Institute of Certified Bookkeepers (ICB) “Financial Statements” module, presented at Unigrad College, is part of the FET Certificate in Bookkeeping (NQFL Level 4) as well as the National Diploma in Technical Financial Accounting (NQF Level 5).

This module provides you with skills for depreciable asset disposal, year-end adjustments, preparation and analysis of financial statements of sole proprietorships, partnerships, close corporations and companies. It also includes a comprehensive study of cash flow statements.

Module outline

Finalisation and interpretation of accounts

5
Year-end accounting entries and financial statements of a sole proprietorship
5
Analysis and interpretation of financial statements

Depreciable assets

5
Methods of depreciation and accounting entries for depreciation
5
The asset register and the steps of asset disposal
5
Disclosure of depreciable assets

Financial statements of the sole trader

5
Year-end adjustments
5
Comprehensive financial statements
5
Year-end procedure for a VAT vendor

Partnerships

5
Accounting records of a partnership, financial statements and interpretation & analysis of financial statements

Corporate entities

5
Close corporations
5
Companies
5
Statements of comprehensive income and statement of changes in equity
5
Financial statements of a company

Introduction to IFRS and SMEs

5
Concepts of pervasive principles, financial statement presentation and accounting policies, estimates & errors
5
Inventories, investment property, intangible assets, revenue, employee benefits, impairment of assets and property, plant & equipment

Statement of cash flow

5
Definition of cash and the statement of cash flows
5
Methods & proposed format for the statement of cash flows and notes and the steps for preparing the statement of cash flow

Programme duration

  • 12 weeks (Saturday classes)
(NQF Level 3 – SAQA ID# 58375)

National Certificate in Bookkeeping

  • Bookkeeping to Trial Balance
  • Payroll and Monthly SARS Returns
  • Business Literacy
  • Computerised Bookkeeping*
(NQF Level 4 – SAQA ID# 58376)

FET Certificate in Bookkeeping

  • National Certicate in Bookkeeping + the subjects:
  • Financial Statements
  • Cost and Management Accounting
(NQF Level 5 – SAQA ID# 36213)

National Diploma: Technical Financial Accounting

  • National and FET Certificates in Bookkeeping + the subjects:
  • Income Tax Returns
  • Business Law and Accounting Control

PART-TIMEFinancial StatementsSaturday classes start 25 January 2025

About this programme

This Institute of Certified Bookkeepers (ICB) “Financial Statements” module, presented at Unigrad College, is part of the FET Certificate in Bookkeeping (NQFL Level 4) as well as the National Diploma in Technical Financial Accounting (NQF Level 5).

This module provides you with skills for depreciable asset disposal, year-end adjustments, preparation and analysis of financial statements of sole proprietorships, partnerships, close corporations and companies. It also includes a comprehensive study of cash flow statements.

Module outline

Finalisation and interpretation of accounts

5
Year-end accounting entries and financial statements of a sole proprietorship
5
Analysis and interpretation of financial statements

Depreciable assets

5
Methods of depreciation and accounting entries for depreciation
5
The asset register and the steps of asset disposal
5
Disclosure of depreciable assets

Financial statements of the sole trader

5
Year-end adjustments
5
Comprehensive financial statements
5
Year-end procedure for a VAT vendor

Partnerships

5
Accounting records of a partnership, financial statements and interpretation & analysis of financial statements

Corporate entities

5
Close corporations
5
Companies
5
Statements of comprehensive income and statement of changes in equity
5
Financial statements of a company

Introduction to IFRS and SMEs

5
Concepts of pervasive principles, financial statement presentation and accounting policies, estimates & errors
5
Inventories, investment property, intangible assets, revenue, employee benefits, impairment of assets and property, plant & equipment

Statement of cash flow

5
Definition of cash and the statement of cash flows
5
Methods & proposed format for the statement of cash flows and notes and the steps for preparing the statement of cash flow

Programme duration

  • 12 weeks (Saturday classes)
(NQF Level 3 – SAQA ID# 58375)

National Certificate in Bookkeeping

  • Bookkeeping to Trial Balance
  • Payroll and Monthly SARS Returns
  • Business Literacy
  • Computerised Bookkeeping*
(NQF Level 4 – SAQA ID# 58376)

FET Certificate in Bookkeeping

  • National Certificate in Bookkeeping + the subjects:
  • Financial Statements
  • Cost and Management Accounting
(NQF Level 5 – SAQA ID# 36213)

National Diploma: Technical Financial Accounting

  • National and FET Certificate in Bookkeeping + the subjects:
  • Income Tax Returns
  • Business Law and Accounting Control