Foundation Level- National Certificate Small Business Financial Management NQF L4 (SAQA ID 48736)
What careers will I be able to apply for once I complete this qualification?
You’re probably not interested in applying for a job if you’re studying this programme! If you’re not starting your own business, you could join a start-up or new business as their finance person. with a non-financial person in a new venture Want to make sure your existing or future company runs efficiently.
- Grade 11 (Std 9) or equivalent.
- Recommended 12 months of study
- Insitute of Certified Bookkeepping (ICB)
The Institute of Certified Bookkeepers (ICB) was established in 1931 with the aim of promoting bookkeeping, accounting, office management and financial management qualifications and membership of a professional body in Southern Africa.
The ICB conducts professional examinations for those persons who intend following a career in bookkeeping, accounting, office management and financial management. Completion of any of these qualifications or skills programmes and or short courses leads to professional membership of the ICB with designations awarded depending on what course of study has been followed.
ICB have maintained a relationship with the Quality Assurance Partner of the Finance and Accounting Services Sector Education and Training Authority (Fasset) for 80 years. ICB is not a training
This programme is accredited by FASSET SETA
- Business Literacy
- Bookkeeping to Trial Balance
- Entrepreneurship 1
What you will be able to do once you complete this level?
- Understand what it means to be an entrepreneur in South Africa.
- Identify business opportunities, set up a new business.
- Understand the documents, processes and recording of financial transactions in the business.
- Communicate effectively with all stakeholders.
- Cost and price products and manage working capital.
- Manage business logistics.
- Work with SARS and other statutory bodies.
Important Exam Information:
Assessment is based on the submission of a Portfolio of Evidence (PoE) which will comprise formative activities and evaluations, as well as one summative assessment (final exam). PoE assessment comprises formative/interim assessment of activities (assignments) and evaluations (test) that count 30% towards the total mark. A Summative Assessment (final exam) contributes to the remaining 70% of your marks. The PoE is basically a file containing all the evidence necessary for a learner to be declared competent against the relevant outcomes.
- You will be awarded with the National Certificate: Small Business Financial Management NQF L4 (SAQA ID 48736) by FASSET upon successful completion of your PoE and your exams.
- You will also receive a Programme Completion Certificate from the ICB
- Assessment takes place in February, May, August and November.
- Please note that the ICB exam fees and annual memberships are not included in your programme fees. Please visit the ICB website at www.icb.org.za to familiarise yourself with the exam registration dates, the actual exam dates and the fees.