National Diploma: Technical Financial Accounting Online Course at Milpark Education

National Diploma: Technical Financial Accounting Online Course at Milpark Education:

This programme is right for you if you have one or more of the following training or career needs:

• I would like to make bookkeeping my career, and would like to work in the finance department of a company.
• I would like to open my own bookkeeping practice one day.
• I am running a small business and need to know more about the bookkeeping function.
• I am considering starting a business, but I am not that good at bookkeeping.
• I would like to become a certified tax technician (CTT), which will allow me to complete monthly and annual SARS tax returns on behalf of a client.

PROGRAMME PURPOSE

The purpose of the National Diploma in Technical Financial Accounting is to provide you with a nationally
accredited, internationally recognised bookkeeping qualification that will allow you to become employable as a
Technical Financial Accountant, Financial Manager, Accounting Technician, Tax Technician, or Financial
Services Manager. Alternatively, if you are already running your own business, this programme will ensure that
you will be able to perform certain bookkeeping functions for your business.

PROGRAMME OUTCOMES

After you have successfully completed this programme, you should be able to do the following:

• Monthly bookkeeping to trial balance (manual and computerised)
• Disclose profit and financial position
• Reconcile suppliers• Inventory and bank statements
• Calculate PAYE/UIF/SDL
• Payroll tax and other deductions
• EMP201, EMP501, IRP5, IRP6 and IT3a documents and VAT returns
• Monthly bookkeeping
• Asset disposal
• Year-end adjustments
• International Financial Reporting Standards for SMEs
• Branch accounts
• Incomplete records
• Analysis of financial statements
• Understand cash flow
• Basic cost and management accounts
• Prepare manufacturing accounts
• Costing and budgeting
• Complete a full set of accounts for a financial year
• Support management in finance and accounting
• Become a SAIT tax practitioner (once you meet the requirements)
• Know the ins and outs of accounting
• Taxation (individuals and companies)
• Auditing and business law.