ICB Short Course: Technical Financial Accountant – Income Tax Returns
|College:||The Learning Group|
|Course:||Technical Financial Accountant: Income Tax Returns|
|School:||Bookkeeping and Accounting Studies|
|Programme Type:||ICB – The Learning Group Short Course|
|Partner Institute:||ICB – The Institute of Certified Bookkeepers|
|Award Issued by:|
|Accredited by:||Your Unit Standard Certificates will be accredited by FASSET|
|SAQA ID:||This short course is based on part of the SAQA Qualification “National Diploma: Technical Financial Accounting”, SAQA ID 36213|
|NQF Level:||This short course is based on part of a SAQA Qualification that has an NQF Level of 05|
|Course Duration:||7 – 9 months|
|Entrance Criteria:||You should be competent in:|
What is ICB Short Course: Technical Financial Accountant – Income Tax Returns
This learning area gives you the skills to become a Technical Financial Accountant. This course covers all the information about taxation. You will learn how to calculate the tax payable from gross income. You will learn what kinds of income is tax exempt, which tax deductions a person will be allowed and about the different benefits of taxation. The course covers taxation of individuals, businesses and non-residents. The course will teach you how to fill out tax returns, and it will cover the different kinds of taxes payable.
You should be competent in:
• Grade 10 level Communication
• Grade 10 level Mathematical Literacy
• You should have a good understanding of bookkeeping
Recommended 7 – 9 months of study
In order to complete the ICB Short Course: Technical Financial Accountant – Income Tax Returns course, students will have to complete the following subjects:
Learning Module 1: Introduction to taxation
Learning Module 2: Gross income
Learning Module 3: Exempt income
Learning Module 4: Allowable deductions
Learning Module 5: Fringe benefits and allowances
Learning Module 6: Employees’ tax and provisional tax
Learning Module 7: Taxation of non-residents
Learning Module 8: Taxation of business entities
Learning Module 9: Turnover tax
Learning Module 10: Completing tax returns
Learning Module 11: Capital gains tax
Learning Module 12: Donation tax
Learning Module 13: Estate duty
Learning Module 14: SARS and the Tax Practitioner
Assessment and Award
For this particular course, you will have to successfully complete and submit assignments prescribed by The Learning Group. Once you have successfully completed the necessary assignments prescribed by The Learning Group, you will be awarded with a Short Course Certificate from The Learning Group.
Also, once you have successfully completed the necessary assignments prescribed by The Learning Group you will have to successfully pass exams with the ICB.
In order to write exams with the ICB you will have to:
• Apply to the ICB and register with them to write their exams
• Submit a Portfolio of Evidence to the ICB on the day of your exams
The Learning Group will help you every step of the way with this.
Upon successful completion of your exams, the ICB will certify you with a Statement of Competence showing the respective Unit Standards which you have completed and FASSET will award you with a Unit Standard Certificate for any Unit Standards that you successfully complete.
Please note that this programme is accredited by FASSET.