Damelin Financial Accounting

Be a dealer in debits and credits and become an asset in the corporate world with the National Diploma: Financial Accounting

Why this course is perfect for you?

Are you a critical thinker intrigued by the power of accounting? Are you driven by success and looking for job stability in your future? Then invest in a rewarding career with the National Diploma: Financial Accounting.
Careers in the financial sector are flourishing due to the steady demand of its services. Today’s financial accountants are key personnel of management teams in non-profit, public, government and private organisations. An accountant is able to record, classify, summarise, interpret and communicate the financial information about a business. Successful financial accountants must possess a wide range of skills, which includes everything from a fine sense of detail to an understanding of the latest technology to excellent interpersonal skills.
This diploma will prepare you to work in the financial accounting field and develop a specialist accounting and management career, either within South Africa or internationally. Explore related modules like Corporate Strategy, Management Accounting Control Systems, Accounting Theory and Practice and much more.With this qualification, you can make a positive contribution to the development of business and society, adding value and assisting in the creation of sustainable economic growth, both for your business/employer and the economy of South Africa.

Why study with Damelin?

As soon as you join the Damelin family, you become part of a network of students, lecturers and friends, who will assist and support you during this exciting journey in your life. Our courses are designed to make your learning as comfortable as possible, with facilities that allow you to build your career in a relaxed and friendly atmosphere. Our lecturers will provide all the support and guidance you require, so you leave Damelin with an unforgettable campus experience.

How to get in?

Registering for the National Diploma: Financial Accounting is simple. We have various touch-points for your convenience. Simply call, email, fill in an online enquiry form, or pop into one of our 17 campuses nationwide, where one of our consultants will gladly assist you.
Requirements:

• ONLY if you have successfully completed the full qualification National Diploma: Technical Financial Accounting (SAQA ID 36213, Level 5) may you proceed to register for this qualification.

You will be granted credits towards this qualification

• Admission WILL be subject to an interview with an academic staff member

Time you will spend on the course

This is a two-year course (based on contact hours determined by the ICB), in which you will attend full-time classes during the week. A year planner and academic calendar is available at the start of the year with dates and times of classes and campus activities to help you plan your schedule.

Course content and modules

You will cover these modules during the duration of your diploma.
Corporate Strategy

• Introduction to Strategic Management
• Strategic management methodologies
• Context of strategic decisions
• Corporate strategy selection
• Continuous improvement through strategic control and evaluation

Financial Reporting and Regulatory Frameworks

• International Financial Reporting Standards (IFRS) and the IASB Framework
• IAS Standards
• Consolidated financial statements
• Financial Reporting requirement of the Companies Act, 2008

Workplace Learning

• This programme does not include a Workplace Learning Component

Management Accounting Control Systems

• Activity-based costing
• Cost classification, estimation and behaviour
• Cost-Volume-Profit analysis
• Linear programming
• Standard costing
• Relevant costs
• Expected value theory and decision trees
• Pricing policy and transfer pricing
• Budgeting
• Divisional performance evaluation

Research Theory and Practice

• Discuss the nature of accounting research
• Identify and articulate the problem or issue
• Formulate research objectives
• Select relevant theories, concepts and models to provide a theoretical framework for analysing a research study
• Analyse and interpret findings
• Draw conclusions and make recommendations

Materials to stay ahead

A list of prescribed textbooks will be made available at the start of the course. You will also receive an electronic version (e-guide) of this course. Textbooks are excluded from the course fee.

Careers you’d be great at

• Cost Accountant
• Financial Accountant
• Management Accountant
• Accountant
• Financial Director

The strength in your qualification

Upon successful completion of the programme, ICB will issue learners with a Results Letter outlining the modules covered and a National Diploma: Financial Accounting, SAQA ID 20366 (Credits 280) with a FASSET endorsement will be awarded. Learner results will be recorded on the ICB National Learner Records Database within 3 months of completion.

**Whenever Damelin offers training towards a programme that will be awarded by another provider or institute, it is called an Agent Programme. In the case of an Agent Programme, Damelin registers the learners, provides tuition and conducts internal assessments. External examinations with the agent body will result in learners receiving the certificate from them.