NQF Level 5: Accounting Qualification (AQ)

Entry Requirements
You need to have successfully shown competency on AT (SA) level 4 qualification.

The programme covers:
Financial Statements
Budgeting
Financial Performance
Internal Control and Accounting Systems
Personal Tax
Business Tax

Summary of what is covered in Level 5 Accounting Technician

Module 1: Financial Statements

In this module learners are expected to understand the regulatory frame that underpins financial reporting, draft statutory financial statements for a limited company, provide analysis and interpretation of financial statements using ratio analysis.

Module 2: Budgeting

In this module learners must demonstrate an understanding of the internal and external business factors that affects budgets, prepare forecasts and understand the impact that changes in the economic environment will have on the budget.

Module 3: Financial performance

In this module learners must demonstrate an accurate understanding of the internal and external factors that affect organisations, as well as the techniques necessary for measuring performance and managing costs.

Module 4: Internal Control and Accounting Systems

In this module learners should be able to understand the importance and use of internal control systems, be able to identify and use the appropriate accounting system to meet specific organizational requirements and evaluate the accounting system currently used by the business.

Module 5: Personal Tax

In this module learners should be able to demonstrate an understanding of legislations and procedures relating to personal tax, calculate accurately tax payable on income and prepare accurate computations of income tax.

Module 6: Business Tax

In this module learners should be able to correctly calculate and complete business tax returns with all supporting computations for incorporated businesses.

PZ Finance Institute (Pty) Ltd is 90% black female owned with 10% youth owned entity.
We offer the Accounting Technician course (accredited by Accounting Technicians South Africa – AT (SA) , an affiliate of South African Institute of Chartered Accountants – SAICA) at our Durban Campus. Applications are now open for Level 3.

22 Island Circle,1st Floor Widex Building, Queen Nandi Drive, Riverhorse Valley 4017

T: +27 31 569 1218

M: +27 82 428 7988

E-mail: admin@pzfinanceinstitute.co.za