Damelin Financial Accounting



Damelin Financial Accounting

Damelin Financial Accounting,



Diploma in Financial Accounting

Full-Time and Part-Time I SAQA ID: 66992 I NQF Level: 6 I Credits: 360 I Course Type: National Qualification



Enhance your critical and analytical thinking and be part of a high-demand industry with a Diploma in Financial Accounting

Why this course is perfect for you?

Are you a ‘numbers’ person? Do you find yourself using logic more than anything else when making decisions? Then the Diploma in Financial Accounting could be the right fit for your passions, goals and aptitudes.
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 accounting professional is able to record, classify, summarise, interpret and communicate the financial information about a business. With this diploma you will learn to apply all these accounting skills to a range of different managerial, business and problem-solving situations. Explore related subjects like Project Management, Taxation and Business Communication, but the main focus of this programme is on Financial Accounting.
After you’ve earned your diploma, you can begin to climb the corporate ladder into senior management positions. It’s an exciting career choice. You are limited only by your own desire to rise.



Why study at 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 the Damelin home with an unforgettable campus experience.

How to get in?

Registering for the Diploma in 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:

  • A Grade 12 Certificate with admission to diploma studies
  • An achievement rating of 3 (40% – 49%) in 4 recognised 20 credit bearing subjects
  • Mathematics or Mathematical Literacy
  • English at grade 12/NQF level 4 or equivalent
    • Age Exemption (23 years or older)
    • At least five years post-Secondary School experience in the field in which the student wish to study and
    • Proof of English language proficiency and
    • National Senior Certificate or equivalent
  • Mature age applicants, 45 years and older without a school leaving qualification, may apply for conditional exemption
  • Foreign Students whose first language is not English, may be required to provide proof of proficiency in English prior to admission to the programme

Time you will spend on the course

The programme duration is 3 years on a full-time basis, or 4 years on a part-time basis. Tuition is face to face and is scheduled per campus. Programmes are offered during the week on a full-time and part-time basis. Part-time tuition is scheduled as per the stipulated planner.

Course content and modules

You will cover these modules during the duration of your diploma.
YEAR 1:  SEMESTER MODULES
*Indicates subjects that need to be completed in the sequence stipulated.

Semester 1
Financial Accounting 1A*
Principles of Micro-economics*
End-user Computing **
Business Communication
Semester 2
Financial Accounting 1B*
Principles of Macroeconomics*
Commercial Law
Business Mathematics

** You have an opportunity to complete the EUC entrance exam. If you pass, you will be awarded credits and will not be required to attend classes for this module.​
YEAR 2:  SEMESTER MODULES

Semester 1
Financial Accounting 2*
Principles of Project Management
Principles of Taxation
Management Principles and Practices
Semester 2
Cost and Management Accounting
Internal Auditing
Corporate Law

YEAR 3:  SEMESTER MODULES

Semester 1
Financial Accounting 3*
Quantitative Techniques
Accounting Software
Semester 2
Corporate Governance Practice
Financial Management
Work Integrated Learning**

**160 hours of Work Integrated Learning (WIL) is required to complete this course. WIL is a programme that helps students apply what they’ve learned in a real work setting while earning credits for their qualification.

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

  • Business Administrator
  • Credit Controller
  • Financial Analyst
  • Bookkeeper
  • Accountant

The strength in your qualification

On successful completion of the course, you will receive a Diploma in Financial Accounting.

Take your education to the next degree

Go even further with a higher qualification. With this diploma you can study further at Damelin or another accredited institution.
*Admission to further your studies remains the prerogative of each institution and its academic council.

 
 



National Diploma: Financial Accounting (ICB)

Full-Time I SAQA ID: 20366 I NQF Level: 6 I Credits: 280 I Course Type: Agent Programme**
(This is an accredited programme with the ICB (Institute of Certified Bookkeepers)

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.