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. 75,454 |
The Accounting fees are Rs. 75,454. 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.
Installment Plan
| 1st installment | Required before: 2025-01-24 | Amount Due: ₹25,152.00 INR |
| 2nd installment | Required before: 2025-02-23 | Amount Due: ₹25,151.00 INR |
| 3rd installment | Required before: 2025-03-25 | Amount Due: ₹25,151.00 INR |
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 purposes and uses of accounting information
- Explain the roles of accounting, bookkeepers, and accounting technicians in a business
- Define the fundamental components of the accounting equation
- Calculate owners’ equity by using the accounting equation
- Explain and apply the rules of double entry
- Practise simple transactions and entries using the accounting equation
- Explain what is involved in the monthly accounting cycle
- Choose which basic accounting principle in accounting is applicable in different cases
- Explain “perpetual inventory systems” and “periodic inventory systems”
- Calculate the sales, cost of sales, and gross profit using both inventory systems
- Recall the rules of accounting regarding debits and credits
- Explain the role of journals in the accounting process and prepare the various journals
- Describe the relationship between journals and the general ledger
- Describe the role of an accounting technician in a business
- Practise recording financial transactions and completing journal entries
- Outline the steps needed to get to the final trial balance, including adjustments in the general journal
- Show how to create a post-adjustment trial balance
- Show how to prepare closing entries to both the Trading and Profit and Loss accounts
- Review the purposes of the Statement of Comprehensive Income
- Identify how to draft a Statement of Comprehensive Income for both a service-based company and a retailer or manufacturer
- Illustrate how to draft a Statement of Comprehensive Income for different forms of enterprises
- Interpret the basic principles involved in drafting financial statements
- Explain the purpose and layout of a Statement of Financial Position
- Draw up cash receipts, cash payments, and petty cash journals using the periodic and perpetual systems of inventory control
- Identify which transactions are entered into the cash receipts, cash payments, and petty cash journals
- Identify the purpose and different layouts of a Statement of Cash Flows
- Draw up financial statements for different forms of legal entities in South Africa
- Explain the purpose of a Statement of Changes in Equity
- Illustrate how reporting financial information differs from recording it
- Prepare financial statements for a business
- Explain what a budget is and how it is used in business
- Describe the process of preparing a budget
- Describe different types of budgets
- Illustrate how each of the budget types are used in a business
- Practise preparing budgeted financial statements
- Explain the limitations of budgets in a business
- Complete basic calculations relating to budgeting
- Explain the importance of evaluating financial performance
- Identify the different types of comparisons that can be made in ratio analysis
- Show the limitations of using financial ratios
- Analyse the basic financial ratios and what they are used for
- Evaluate financial information using knowledge of financial ratios
- Assess a business’s financial performance
- Define internal control
- Identify the differences between the five components of internal control
- Show the differences between fraud and error, as well as between the two types of internal fraud
- Interpret the various regulations applicable to financial reporting in South Africa
- Apply the concepts of internal control to a practical case study
- Choose the applicable principles of legal requirements and internal controls to given scenarios
- Explain the basic principles of gross income, recoupments, general deductions, and special allowances and deductions
- Outline capital gains tax, secondary tax on companies, and dividends
- Interpret the concept of Small Business Corporations
- Practise calculating turnover tax and provisional tax
- Use eFiling for accounting purposes
- Analyse various forms of business organisations and their tax treatment
- Recommend business tax solutions based on the principles covered in this module
- Explain the importance of credit management and control
- Outline the various forms of legislation applicable to credit management in South Africa
- Describe the importance of good liquidity management and how to optimise the working cycle of a business
- Interpret and manage accounts receivable balances
- Calculate the creditworthiness of customers, using the tools available for credit checks
- Apply various administrative and legal debt collection methods
- Evaluate the main types of risk associated with credit management and how to manage these risks
- Select the best option for managing credit, in terms of the risks, contracts, and legislation
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.
It takes almost 9 weeks to complete the accounting training.