1. ABOUT THE PROGRAMME
Competent bookkeepers and accounting staff are vital to every business and their skills are often in short supply in South African organisations today. Our Bookkeeping to Trial Balance training programme has been designed to meet this need. This ‘hands-on’ programme is designed around practical case studies, simulations and activities during which delegates actually experience, practise and master the complete bookkeeping process to trial balance. Delegates will be able to immediately apply the new skills and techniques they acquire back at work or in their own small business enterprise.
2. DELEGATES AND ACCREDITATION
This Fasset accredited skills programme is aimed at both junior and more experienced financial and administration staff - however no previous bookkeeping experience is required. This course is perfect for delegates who wish to maintain a set of books to trial balance and comply with all the basic tax and other statutory requirements. It also serves as the ideal foundation to master the basics of accounting as a prerequisite to launching a career as a professional bookkeeper/accountant. This programme also forms an integral part of our training and assessment of learners on registered Fasset/ICB learnerships.
The programme is fully accredited by Fasset and is aligned to six SAQA ‘finance, economics and accounting unit standards and competent learners receive total credits of (28 credits at NQF level 5 and 17 credits at NQF level 4)
Definitive Training Solutions has been awarded full accreditation status as a training provider and assessment site by Fasset (the Seta for Finance, Accounting, Management, Consulting and Other Financial Services). Our Fasset accreditation number is: 585/00183/04.
We are also fully accredited as a training provider of registered learnerships by the Institute of Certified Bookkeepers and Fasset. Our ICB accreditation number is: ATP 13/2005.
We also offer a follow-up to this skills programme – our Fasset accredited Accounting to Balance Sheet programme (47 credits) – as well as other courses in Financial Management, Finance for Non-financial Managers, Finance for Non-financial Supervisors, Payroll Administration, Project Management, etc.
3. PROGRAMME TOPICS AND LEARNING OUTCOMES
¨ Understanding the basics of bookkeeping and accounting (assets, liabilities, income, expenses, equity, double entry, debits and credits)
¨ Mastering the bookkeeping process:
· Transactions and source documents
· Sales & sales returns journals
· Purchases & purchases returns journals
· Cash receipts & payments journals
· Petty cash payments journal
· General journal
· General ledger and the trial balance
· Debtors and creditors ledgers and control accounts
· Bank reconciliation and creditors reconciliation
¨ Complying with VAT:
· Registration as a Vendor and VAT regulations and compliance
· Tax invoices and VAT calculations
· Accounting for taxable (standard & zero rated) and exempt supplies
· Completing the VAT 201 return
¨ Understanding the basics of payroll administration for bookkeepers:
· Registration as an Employer and compliance issues
· Employees Tax – PAYE and SITE calculations
· Taxing fringe benefits and allowances
· UIF contributions and requirements
· Skills Development Levies
· Salaries and wages registers
· Completing the EMP 201 return
· Registration as an Employer in terms of the Compensation for Occupational Injuries & Diseases Act
¨ Identifying areas for future personal development
4. DURATION AND ASSESSMENT
The programme involves 45 to 60 contact/tuition hours and a 4 hour final assessment (examination), as well as self-study and practical assignments and (optional) workplace related projects. Ideally the programme is run over three months in weekly 3 to 4 hour contact sessions, but we are able to vary this scheduling in order to accommodate specific client needs.
Delegates will be awarded an official SAQA Certificate of Competence by Fasset upon successfully completing the final assessment (examination) and being declared competent in all the six unit standards. Clients also have the option of omitting parts of the programme - and then their learners will be assessed and certificated on only some of the unit standards.