Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
Any organisation's success is dependent on solid financial planning. As a result, employees who can manage and supervise the monthly financial accounting are an important element of every firm. The Accounting training is offered by UCT in collaboration with Getsmarter gives an overview of key accounting concepts and procedures for people who need to collect, evaluate and present financial data.
The Accounting management course is led by industry professionals which assist applicants in developing a practical understanding of budgeting and corporate taxation, as well as teaches how to produce reports such as an Income statement or Free Cash flow. The course provides study support to the students which helps them in gaining confidence in their ability to handle debt and implement internal control systems.
According to The Clutch report, unexpected costs are the main financial problem for 35% of small firms and according to Forbes magazine, the Balance sheet is one of five financial statements that every company should have. The Accounting syllabus covers all such topics which help account professionals to control the whole accounting system of an organisation.
The Highlights
- 7-10 hours per week
- University of Cape Town offering
- Course provider Getsmarter
- Split option of payment
- Self-paced learning
- 9 weeks duration
- Downloadable resources
- Shareable certificate
- Online learning
- Projects and assessments
Programme Offerings
- Case Studies
- Live polls
- quizzes
- online learning
- Offline resources
- Infographics
- Self-paced learning
- video lectures
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | UCT Cape Town |
Fee type | Fee amount in INR |
Accounting fees | Rs. 63,985 |
The Accounting fees are Rs. 63,985 . There are 2 modes of payment offered to the applicants by Getsmarter. They can either pay the fee at one time or they can choose the partial payment option for paying the fee in 3 installments. If they choose the partial mode of payment, a 3% extra charge will be imposed on the fee as an administration charge. Candidates can pay the fee amount via various methods such as bank transfer, credit card, debit card, and EFT.
Eligibility Criteria
Certification Qualifying Details
To qualify for the Accounting certification from Africa’s leading Institute, the University of Cape town in collaboration with Getsmarter, candidates must finish all the modules, submit the assignments, complete the projects, read case studies, participate in the quizzes, live polls, and course activities. The evaluation process of the candidate is primarily based on the submitted reports. Candidates should meet all the requirements mentioned in the program resource book to qualify for the certification.
What you will learn
Upon completing the Accounting online certification course from UCT, Candidates will learn to assess corporation's short and long term business performance. Learners will gain knowledge about foundation in financial reporting, as well as risk-mitigation measures. Candidates will learn how to handle the complexity of corporate taxation and how to file the tax electronically. Learners will also gain the expertise in handling cash flow and setting up guidelines for ensuring the reliable financial statement of a corporation.
Who it is for
- Aspiring or experienced financial professionals and financial assistance workers who wish to improve their skills and broaden their accounting depth of knowledge.
- Financial Management Professionals who have been functioning in a support capacity in an administration or accounting department and want to improve their grasp of accounting processes in order to function more successfully in their employment.
Admission Details
For admission to the Accounting tutorial by the University of Cape Town, follow the step-by-step procedure:
Step 1. Open the authentic course page.
Step 2. Locate the ‘Register Now’ button and click to further proceed
Step 3. Tick mark the consent box to agree with the provider’s T&C
Step 4. Make an account on the getsmarter website by filling in personal information
Step 5. Fill in the billing address details and sponsor information if applicable
Step 6. Pay the fee and start the course on the scheduled date and time
The Syllabus
- Explain the roles of accounting, bookkeepers, and accounting technicians in a business
- Explain the purposes and uses of accounting information
- Define the fundamental components of the accounting equation
- Explain and apply the rules of double entry
- Calculate owners’ equity by using the accounting equation
- Practice simple transactions and entries using the accounting equation
- Choose which basic accounting principle in accounting is applicable in different cases
- Explain what is involved in the monthly accounting cycle
- Calculate the sales, cost of sales, and gross profit using both inventory systems
- Explain “perpetual inventory systems” and “periodic inventory systems”
- Recall the rules of accounting regarding debits and credits
- Describe the relationship between journals and the general ledger
- Explain the role of journals in the accounting process and prepare the various journals
- Practice recording financial transactions and completing journal entries
- Describe the role of an accounting technician in a business
- Show how to create a post-adjustment trial balance
- Outline the steps needed to get to the final trial balance, including adjustments in the general journal
- Show how to prepare closing entries to both the Trading and Profit and Loss accounts
- Identify how to draft a Statement of Comprehensive Income for both a service-based company and a retailer or manufacturer
- Review the purposes of the Statement of Comprehensive Income
- Interpret the basic principles involved in drafting financial statements
- Illustrate how to draft a Statement of Comprehensive Income for different forms of enterprises
- Draw up cash receipts, cash payments, and petty cash journals using the periodic and perpetual systems of inventory control
- Explain the purpose and layout of a Statement of Financial Position
- Identify which transactions are entered into the cash receipts, cash payments, and petty cash journals
- Draw up financial statements for different forms of legal entities in South Africa
- Identify the purpose and different layouts of a Statement of Cash Flows
- Explain the purpose of a Statement of Changes in Equity
- Prepare financial statements for a business
- Illustrate how reporting financial information differs from recording it
- Describe the process of preparing a budget
- Explain what a budget is and how it is used in business
- Describe different types of budgets
- Practice preparing budgeted financial statements
- Illustrate how each of the budget types is used in a business
- Complete basic calculations relating to budgeting
- Explain the limitations of budgets in a business
- Identify the different types of comparisons that can be made in ratio analysis
- Explain the importance of evaluating financial performance
- Show the limitations of using financial ratios
- Evaluate financial information using knowledge of financial ratios
- Analyze the basic financial ratios and what they are used for
- Assess a business’s financial performance
- Identify the differences between the five components of internal control
- Define internal control
- Show the differences between fraud and error, as well as between the two types of internal fraud
- Apply the concepts of internal control to a practical case study
- Interpret the various regulations applicable to financial reporting in South Africa
- Choose the applicable principles of legal requirements and internal controls for given scenarios
- Outline capital gains tax, secondary tax on companies, and dividends
- Explain the basic principles of gross income, recoupments, general deductions, and special allowances and deductions
- Interpret the concept of Small Business Corporations
- Use eFiling for accounting purposes
- Practice calculating turnover tax and provisional tax
- Recommend business tax solutions based on the principles covered in this module
- Analyze various forms of business organisations and their tax treatment
- Outline the various forms of legislation applicable to credit management in South Africa
- Explain the importance of credit management and control
- Describe the importance of good liquidity management and how to optimize the working cycle of a business
- Calculate the creditworthiness of customers, using the tools available for credit checks
- Interpret and manage accounts receivable balances
- Apply various administrative and legal debt collection methods
- Select the best option for managing credit, in terms of the risks, contracts, and legislation
- Evaluate the main types of risk associated with credit management and how to manage these risks
Instructors
UCT Cape Town Frequently Asked Questions (FAQ's)
Managerial accounting, cost accounting, and financial accounting are the 3 types of accounting.
An accounting certification course is offered by the University of Cape Town.
When compared to science, humanities, and engineering, accounting is an easy course.
According to Investopedia, the average yearly wage of an accountant is $ 73,560.
It takes almost 9 weeks to complete the accounting training.
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