Bookkeeping and Accounting Courses

Bookkeeping and Accounting courses are accredited by the ICB and the QCTO. These courses focus on scarce skills that increase your chances to find employment.

Our Bookkeeping And Accounting Courses

ICB Senior Bookkeeping FET Certificate

Bookkeeping: ICB FET Certificate

The ICB Bookkeeping : FET Certificate equips you with the necessary skills and knowledge that prepare you to work in senior positions in the Bookkeeping ...
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ICB Junior Bookkeeping National Certificate

Bookkeeping: ICB National Certificate

The ICB Bookkeeping : National Certificate equips you with the necessary skills and knowledge that prepare you for financial duties in the Bookkeeping field.
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ICB Certified Financial Accounting

Certified Financial Accounting: ICB National Diploma

The Certified Financial Accounting National Diploma will set you up for a rewarding career, Remember it is a scarce skill and scarce skills are in ...
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ICB Technical Financial Accounting

Technical Financial Accounting: ICB National Diploma

The ICB Technical Financial Accounting National Diploma will prepare you for the financial Accounting work environment with the relevant skills and knowledge.
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If you want to work in a financial field where you can advance from Bookkeeping to an Accounting field, you can study our Bookkeeping and Accounting courses. These courses focus on financial skills and knowledge that prepare you for the workplace. You can start working as a Bookkeeper and move into higher positions such as a Financial Manager.

What Are Bookkeeping And Accounting Courses?

Bookkeeping and Accounting courses are courses that equip you with financial skills. These courses focus on Bookkeeping skills such as: 

  • Preparing account books
  • Generating financial statements 
  • Processing payroll 

You also learn Accounting skills such as: 

  • Performing audits 
  • Filing tax returns 
  • Reviewing financial statements

Bookkeeping ICB National Certificate

SAQA ID: 58375
Course Credits: 120 
NQF Level: Level 3 
Qualification Title: Bookkeeping ICB National Certificate 
Qualification Type: National Certificate 
Course Duration: 12 to 16 months 

Entry Requirements 

  • Grade 10 or Equivalent Qualification 
  • Be able to read, write and understand English 
  • Be able to study through distance learning 

Course Subjects 

  • Bookkeeping to Trial Balance (BKTB)
  • Payroll and Monthly SARS Returns (PMSR)
  • Computerised Bookkeeping (CPBK)
  • Business Literacy (BUSL)

Bookkeeping to Trial Balance (BKTB)

This subject will teach you how to calculate debit and credit as well as balance accounts 

Payroll and Monthly SARS Returns (PMSR)

The goal of this subject is to teach you how to calculate SARS returns and process payroll payments

Computerised Bookkeeping (CPBK)

You will learn how to use a computer to calculate and file financial data

Business Literacy (BUSL)

In this subject, you will learn how to communicate professionally in a business setting

Bookkeeping FET National Certificate

SAQA ID: 58376
Course Credits: 130 
NQF Level: Level 4 
Qualification Title: Bookkeeping FET National Certificate
Qualification Type: National Certificate 
Course Duration: 12 to 24 months 

Entry Requirements 

Course Subjects 

  • Financial Statements (FNST)
  • Cost and Management Accounting (CMGT)

Financial Statements (FNST)

This subject will introduce you to the concept of preparing financial records for a company

Cost and Management Accounting (CMGT)

This subject will teach you how to manage and reduce the costs of a business while maximising its profits

Technical Financial Accounting: ICB National Diploma

SAQA ID: 36213
Course Credits: 251 
NQF Level: Level 5 
Qualification Title: Technical Financial Accounting: ICB National Diploma
Qualification Type: National Diploma 
Course Duration: 6 to 12 months 

Entry Requirements 

Course Subjects 

  • Income Tax Returns (ITRT)
  • Business Law and Accounting Control (BLAC)

Income Tax Returns 

During this subject, you will learn how to complete monthly SARS returns and gain an understanding of Tax processes

Business Law and Accounting Control 

You will learn how to run your business legally and within the regulations of commercial duties in this subject

Certified Financial Accounting: ICB National Diploma

SAQA ID: 20366
Course Credits: 280 
NQF Level: Level 6 
Qualification Title: Certified Financial Accounting: ICB National Diploma
Qualification Type: National Certificate 
Course Duration: 12 to 24 months 

Entry Requirements 

Course Subjects 

  • Corporate Strategy (CRPS)
  • Management Accounting Control Systems (MACS)
  • Financial Reporting and Regulatory Frameworks (FRRF)
  • Research Theory and Practice (RTAP)

Corporate Strategy 

The purpose of this subject is to help you learn how to think of new ideas for improving the company you work for and the plans the company has for its future. It could also be the process of deliberating these ideas and plans within the company.

Management Accounting Control Systems 

During this subject, you will discover how global information systems are collected, processed, analyzed, and communicated. With this information, you can plan, monitor and control different businesses.

Financial Reporting and Regulatory Frameworks 

The subject will cover current trends and emerging issues, such as corporate governance, social disclosures, environmental issues, interim reporting, and segment reporting.

Research Theory and Practice (RTAP)

Research Theory and Practice (in the short dissertation; topic: financial accounting). This will be your thesis, so you will choose a topic related to financial accounting and research it extensively.

You need a Bookkeeping National Certificate or a Bookkeeping FET Certificate to become a Bookkeeper. With the ICB Bookkeeping National Certificate that we offer at Matric College, you can work as a Junior Bookkeeper. With the Bookkeeping FET Certificate, you can work as a Senior Bookkeeper. Your career however will not be limited to Bookkeeping. With work experience over time, you will gain skills that can help you move from Bookkeeping to another field.

These are the duties of a Bookkeeper: 

  • Track daily transactions 
  • Record transactions 
  • Prepare report from balance sheets 
  • Create and send invoices 
  • Analysing invoices from suppliers 
  • Work on payable ledger
  • Monitor cash flow 
  • Prepare account books for accountant   
  • Calculate pay deductions
Yes, Bookkeepers are in demand. All ICB Qualifications offer scarce skills which make you valuable in the work environment. This means your chances of gaining employment increase. Employers value scarce skills because they know you have the following qualities:
  • You gained relevant skills and knowledge
  • You were taught by a professional in the field
  • You are a fast learner
  • You have skills that can be utilised

Watch our CEO of Matric College, Jan Badenhorst, Speak About Scarce Skills And The ICB

Both Accounting and Bookkeeping courses are best. It depends on the course you are interested in. At Matric College, we offer the ICB Financial Accounting Programme. This programme consists of both Accounting and Bookkeeping courses. You get to experience both courses in one programme. Once you have completed the programme, you will be qualified to work as a: 

  • Bookkeeper
  • Reconciliation Clerk 
  • Accounts Clerk 
  • Technical Financial Accountant 
  • Financial Service Officer 
  • Tax Consultant 
  • Financial Manager

Yes, the ICB Bookkeeping National Certificate and ICB Bookkeeping FET Certificate are worth it because of the following:

  • Every business needs a Bookkeeper to monitor, calculate, and record financial transactions. As a result, you will be valued and required in various businesses. This means you will have various career opportunities to follow. If you miss one career opportunity, you will have another one to follow. 
  • Employers will value you for having an accredited qualification because it shows the following: 
  • You have the necessary skills and knowledge 
  • You are suitable to work in Bookkeeping 
  • You were taught by a trained professional

Anyone interested in the ICB Financial Accounting Programme can study at Matric College. No prior knowledge is required. The ICB Financial Programme will teach you all the basics you need. If you are someone with the following qualities, you will enjoy this Programme: 

  1. You want to work in an office space 
  2. You want to handle financial and management duties
  3. You love working with numbers 
  4. Calculations interest you 
  5. You do not think finances are complicated 
  6. You are interested in financial subjects 
  7. You love mathematics 
  8. You are good at accounting
Yes, you should study the ICB Financial Accounting Programme if you want to work in an office environment handling finances. The ICB Financial Accounting Programme is a broad programme. You can move from Bookkeeping To Technical Financial Accounting to Certified Financial Accounting. You can obtain four qualifications in one programme. This gives you access to different careers.

Watch Our CEO Of Matric College, Jan Badenhorst Discuss The Financial Accounting Programme

The ICB Technical Financial Accounting National Diploma and the Certified Financial Accounting National Diploma are the best courses for Accounting. These courses are both National Diploma Qualifications. Obtaining this will help you find work as an Assistant Accountant. This is a highly respectable career which will help you learn a lot of skills. You will also earn a high salary.

Here is how you can become an Accountant: 

  • Complete a Bachelors of BCom Accounting at university 
  • Complete a Chartered Accountant (CA) Qualification
  • Write two board exams that have to be written to become a CA

Remember that you need a Matric Bachelor’s pass to apply to university for a Degree Qualification. 

These are the board exams you must complete: 

  • Initial Test of Competency (ITC) 
  • Assessment of Professional Competence (APC)

Once you have completed this, you will be qualified as a registered Accountant in South Africa.

Yes, ICB Financial Accounting is a good career. This is because you learn a lot of skills. These skills are transferable. This means you can use Financial Accounting skills to work in Finance, Accounting or Bookkeeping. Here are some of the skills that you will gain:

  • Analytical skills
  • Organisational skills
  • Project management skills
  • Strategic thinking skills 
  • Attention to detail skills 
  • Time management skills 
  • Numerical skills

Every course can be challenging. However, it is much easier to find a less challenging one if you have a positive approach towards it. Students with the following qualities may find Accounting courses hard: 

  • Students who hate Mathematics 
  • Students who do not want to work with finances 
  • Students who generally believe accounting courses are hard 

If you do not want Accounting to be hard, you can try the following: 

  • Have a positive approach towards the course 
  • Tell yourself you will be able to pass Accounting 
  • Practise Accounting calculations 
  • Make more time to study the course 
  • Do extra lessons with a tutor or fellow student 
  • Use external material such as the internet or a library book to find additional information 
  • Read more on Accounting e.g Blog posts on Accounting 
  • Use more Accounting concepts in conversations

Financial Managers earn a high salary. This is because they perform a lot of duties which are important in a company. Their role requires high qualifications plus experience. There are also not many people with financial and management skills, therefore Financial Managers are paid more for their hard work. Keep in mind that your salary depends on these factors:

  • Your educational level 
  • The work experience you have 

The more work experience and qualifications you have, the higher your salary gets.

Yes, Financial Managers travel often. They attend corporate, banking and investment seminars, and sometimes they travel internationally. In most financial careers, you travel frequently to meet with clients. This, however, depends on the company you are working for. Some companies have meetings in the office or virtually.

You can use the ICB Technical Financial National Diploma to:

  • Find employment
  • Study further

Find Employment

You can use the Technical Financial Accounting National Diploma to look for employment. You will be valued in the workplace applying with a Diploma Qualification because it shows you have acquired the necessary knowledge and skills. You can work as a:

  • Technical Financial Accountant
  • Financial Manager
  • Financial Services Manager
  • Accounting Technician
  • Tax Technician

Study Further

You can use an ICB Technical Financial National Diploma to study the ICB Certified Financial Accounting National Diploma. 

OR

Once you have completed the ICB Technical Financial National Diploma, you have an option to switch to a different ICB Programme. ICB courses work interchangeably. This is because different subjects are similar in the ICB Programmes.

For example, the ICB Business Management and the ICB Financial Accounting Programme both have Business Literacy as a subject. This means if you move from the ICB Financial Accounting Programme to the ICB Business Management, you would not have to study Business Literacy because you have studied it already. This makes switching from one ICB programme to another easy.

Below is a table with the ICB Programmes and their subjects. The highlighted subjects are the ones that repeat themselves throughout the Programmes. You would only study the subjects that are not highlighted.

ICB Office AdministrationICB Business ManagementICB Financial Accounting
First Course (Certificate)
Business and Office Administration 1Business Management 1Bookkeeping To Trial Balance
Bookkeeping To Trial BalanceBookkeeping to Trial BalancePayroll and Monthly SARS Returns
Business LiteracyBusiness LiteracyComputerised Bookkeeping
Marketing Management and Public Relations Business Literacy
Business Law and Administrative Practice  
Cost and Management Accounting  
Second Course (Higher Certificate)
Business And Office Administration 2Office and Legal PracticeFinancial Statements
Human Resources Management and Labour RelationsBusiness Management 2Cost and Management Accounting
EconomicsMarketing Management and Public Relations 
 Financial Statements 
 Human Resources Management and Labour Relations 
Third Course (Diploma)
Business and Office Administration 3Business Management 3Income Tax Returns
Financial StatementsFinancial Management and ControlBusiness Law and Accounting Control
Management  
Fourth Course (Diploma)
  Corporate Strategy
  Management Accounting Control Systems
  Financial Reporting and Regulatory Frameworks
  Research Theory and Practice

Once you have completed the ICB Financial Accounting Programme, you can further your studies at Matric College and choose a different course. The more qualifications you have, the more you are valued in the work environment. You can apply for a different ICB course or choose our NATED or Short Courses: 

These are courses designed by the DHET to prepare students for work by equipping them with theoretical and practical knowledge. that are nationally recognised. This gains you a qualification which you can use to further your studies or find employment anywhere in South Africa. 

These are courses that are not accredited. They are beneficial in the following ways: 

  • You can study with or without a Matric Certificate 
  • They are quicker to complete e.g two to twelve months 
  • They equip you with a specific skillset 
  • They prepare you for work 
  • They are good for additional or foundational qualifications
  • They can improve current skills 
  • You can learn advanced skills such as Entrepreneurship skills 
  • They are generally cheaper than other courses 
  • They can help you gain a promotion

Our Accreditation

SAQA

The South African Qualifications Authority is a professional body that monitors and advances the role of the National Qualifications Framework (NQF). Our Bookkeeping and Accounting courses are registered with the SAQA. This means that they are recognised in the South African NQF system. This secures your qualifications and you can further your studies or look for employment with your qualifications.

DHET

The Department of Higher Education and Training (DHET) is a professional body that accredits training providers and qualifications. The Institute of Certified Bookkeepers (ICB) expects their training providers to be registered with DHET or the ICB.

ICB

The Institute of Certified Bookkeepers (ICB) is a professional body. They design and accredit courses. Our Bookkeeping and Accounting courses are accredited by ICB and QCTO. All ICB courses are recognised nationally and internationally. You can further your studies or look for employment inside and outside South Africa.

QCTO

The Quality Council of Trades And Occupations (QCTO) is a professional body that accredits occupational qualifications. The QCTO is a quality council and monitors qualifications to ensure they give quality education at all times. Our Bookkeeping and Accounting courses are accredited by the QCTO. This ensures that you gain a quality education that will make you stand out when you look for employment or further your studies.

ICB is the Institute of Certified Bookkeepers. They are an Independent External Examination Body that sets external assessments. Their ICB courses are offered through training providers that are registered with them or the DHET. Matric College is an official training provider of ICB Courses.

No, the Institute of Certified Bookkeepers (ICB) does not offer Degree Qualifications. They offer: 

  • National Certificates 
  • Higher Certificates 
  • National Diplomas 

If you want to study for a Degree Qualification you can do so through colleges or professional bodies that recognised ICB Qualifications. These are: 

  • ACCA (Association of Chartered Certified Accountants UK)
  • CIMA (Chartered Institute of Management Accountants UK)
  • IAB (International Association of Bookkeepers UK)
  • IAAP (International Association of Accounting Professionals UK)
  • Boston college 
  • Milpark College 
  • Damelin College

An ICB course is a course designed by the Institute of Certified Bookkeepers (ICB). This is offered through training providers that are registered with the ICB or DHET. ICB courses focus on financial and business aspects. They prepare students for work or further studies by equipping them with scarce skills and knowledge.

An ICB Diploma is a qualification you are awarded once you have completed an ICB Diploma course. This is a valued Qualification that can help you find employment easily. Diplomas are valued because of the following:  

  • They are more skill-based 
  • They equip you with enough knowledge 
  • They train you for work

Yes, ICB courses are recognised nationally and internationally. This means by studying the ICB Bookkeeping and Accounting courses, you will be able to further your studies or look for employment in South Africa and abroad.

Yes, ICB courses are accredited by the ICB and QCTO. This means the courses are registered with a professional body and provide education that is quality standard. Accredited qualifications are beneficial because they help you with the following: 

  • You can easily find employment 
  • You can further your studies at university or college 
  • You are equipped with quality education 
  • You learn skills and knowledge 
  • You are valued as a candidate

Yes, ICB Qualifications are recognised in the United Kingdom (UK). There are professional bodies in the UK that recognised ICB Qualifications such as: 

  • ACCA (Association of Chartered Certified Accountants UK)
  • CIMA (Chartered Institute of Management Accountants UK)
  • IAB (International Association of Bookkeepers UK)
  • IAAP (International Association of Accounting Professionals UK)

ICB can give you credits for prior learning. You can apply for the Recognition of Prior Learning. You qualify to apply if you have studies or work experience that you completed within 5 years of enrolling for an ICB course programme.

Work Experience CreditsPrior Learning Credits
You must complete a Portfolio of Evidence sent to you by the ICB

Your qualification must be SAQA registered

Your qualification must be registered on the NQF

The results will determine if they can give you credits or not.

Your qualification must have an NQF Level

Submit proof of accredited provider e.g DHET

It Is Important To Note That Credit Exemptions Are Not Guaranteed.

An ICB accredited training provider is a training provider such as a college authorised to offer ICB courses. Matric College is one of these ICB training providers. We offer three of the ICB Programmes. These are: 

The ICB student portal is the first portal of two ICB portals. Students use this portal to do the following: 

  • Register for an ICB course
  • Register for the ICB Exam (Matric College does NOT register students for exams)
  • You can download digital copies of certificates and other official documents
  • Paying your course fees  
  • Update your details

The ICB MACCI is the second student portal. This portal is used by students to do the following: 

  • Get information about their course 
  • Complete their PoE
  • Write and make submissions of assignments 
  • Complete online tests 
  • Write their examinations

The ICB Portfolio of Evidence (PoE) consists of three assignments and two tests. These are assessments that students must complete to pass an ICB course. The PoE is available for each subject in a course. There are 3 assignments and two tests in each PoE.

There are different assessments in the ICB Bookkeeping and Accounting courses. These are assignments, tests and exams. There are two types of exams in the ICB Bookkeeping and Accounting courses. These are:

  • Online exams
  • Paper-based exams

Students enrolled to study via distance learning write their exams at ICB-approved testing centres as well as online. ICB has implemented this information starting in April 2021.

Online ExamsPaper-Based ExamsAssignments
Written on the ICB MACCI PortalWritten at a physical location booked by the ICB or at a provider collegeWritten on  ICB MACCI Portal
Scheduled to be written from 01:00 pm to 04:30 pm.Scheduled to be written from 09:00 am to 12:30 pm.Submitted on ICB MACCI Portal

Once you have completed your ICB Bookkeeping and Accounting Qualification, your results will be examined. The ICB will ask FASSET to prepare your Certificate. FASSET will send the Certificate to us and we will award you with your qualification. This process takes 3 – 6 Months.

The Institute of Certified Bookkeepers (ICB) is 91 years old. They have been in the industry of education since 1931.

Why Choose To Study Bookkeeping And Accounting Courses via Distance Learning

  • Study from home 

Studying at home keeps you and those you love safe from viruses such as COVID-19.

  • Study at your own pace 

Your study schedule is flexible. If you prefer studying late at night, you can adjust your schedule for late hours. The same applies if you prefer studying early in the morning. This allows you to study at a pace that you can understand better. 

  • Save Money

By not having to travel to contact classes, you will be able to save a lot of money.

  • Study while you work 

You can work and study at the same time. Set up study sessions during late hours if you work during the day. If you work late, set up study sessions for early hours.

  • Gain a skills-based qualification

You gain a skills-based qualification. This helps you gain skills that make you stand out when you look for employment. 

  • Gain qualities  

As you study from home, you will be able to acquire skills like time management and discipline. You will be more valuable to employers if you have these qualities.

Career Opportunities With A Bookkeeping And Accounting Qualification

  • Accounts Clerk – R10 489 per month 
  • Credit Controller – R 12 964  per month 
  • Financial Service Officer – R 15 394 per month 
  • Junior Bookkeeper – R 14 600  per month 
  • Senior Bookkeeper – R 20 672  per month 

Accounts Clerk 

  • Update financial records
  • Prepare account statements  
  • Type accurate financial reports 
  • Reconcile accounts on time
  • Provide accounting support to different departments 

Credit Controller 

  • Manage and collect debts 
  • Process invoice statements 
  • Arrange payment plans
  • Set up credit terms 
  • Analyse new credit plans

Financial Service Officer 

  • Monitor banks transactions 
  • Assist with financial audits 
  • Prepare balance sheets 
  • Monitor budget plans 
  • Design business plans

Junior Bookkeeper 

  • Prepare reports 
  • Documenting transactions 
  • Prepare cash books 
  • Reconcile loan accounts 
  • Perform trial balance on accounts 

Senior Bookkeeper

  • Monitor financial records 
  • Collect transaction data 
  • Prepare a report to present receipts 
  • Reconcile accounts 
  • Prepares statements from trial balance sheets

Benefits Of Studying At Matric College

  • You study from home 

This helps you study with less academic pressure. 

  • Get assistance from tutors 

They can assist you when you feel challenged. 

  • Receive your study material from us 

You save money and study better. 

  • Get course detailed information from our course experts 

You study a course that you understand.

  • Study with or without Matric 

You can study with your level of knowledge and qualification. 

  • Set your own study schedule 

This helps you enjoy your studying more and find it effective. 

  • Study at the pace you prefer 

This helps you understand your course better.

  • Gain recognised qualifications

Gain qualifications that will help you study further or find employment

Watch our CEO of Matric College, Jan Badenhorst, discuss the reasons why you should study with Matric College

You can study Bookkeeping at Matric College. We are a distance learning college. This means you will study the course from home. While you study from home, we provide you with different support to make your studying journey simple this way: 

  • We have tutors to assist you with the course assessments from Mondays to Fridays 08:00 am to 05:00 pm
  • You can contact tutors through emails, call and WhatsApp 
  • We have course experts to give you detailed information on the course you choose 
  • You can fill out a Red Alert form for any urgent assistance you need and our support team will contact you immediately 
  • We send your study material once you have been registered and the delivery takes five to seven days

You can learn Bookkeeping in 12 to 16 months. You can study the ICB Bookkeeping National Certificate at Matric College. Education and training are required to become a bookkeeper. College training is often preferred by employers over untrained candidates for Bookkeepers. Some employers, however, do not require higher education as a qualification for bookkeeping. Relevant experience and accounting knowledge sometimes carry more value than educational backgrounds.

No, you do not need to be good at Math to be a Bookkeeper. The career requires basic Mathematics that you can learn fast. However, if you are good with Mathematics, it is an advantage because you will easily understand Bookkeeping.

Auditor and Clerk are terms used to sometimes refer to a Bookkeeper.

Yes, anyone can do Bookkeeping if they dedicate themselves to the process of becoming a Bookkeeper. You can do Bookkeeping if you study at Matric College. You can study our ICB  Bookkeeping National Certificate. Once you have completed this course, you will be qualified as a Junior Bookkeeper. You can apply to different companies to do Bookkeeping and earn a decent salary. 

OR 

You can complete the ICB Bookkeeping National Certificate and study the ICB Bookkeeping FET National Certificate. Once you have completed the ICB Bookkeeping FET National Certificate, you will be qualified as a Senior Bookkeeper. You can look for employment at different companies to do Bookkeeping and earn a high salary.

Every academic course is challenging. However, if you want to study a Financial Accounting course, you can find it easy if you do the following: 

  • Use your study material to study 
  • Have more time to study 
  • Use past papers to study 
  • Ask tutors to assist 
  • Ask a lot of questions 
  • Make note of new information learnt 
  • Do a lot of research 
  • Ask other students for input

Yes, you can study the ICB Financial Accounting Programme at Matric College without Maths. No prior knowledge in Maths is needed. The ICB Financial Accounting Programme will equip you with the necessary skills and knowledge you need to qualify to work in a Financial field. However, if you have maths as a subject, you have a better advantage of understanding the course.

You do not need any prior knowledge in Accounting to study the ICB Financial Accounting Programme at Matric College. You can study the subjects you have.

You do not need an Admission Point Score (APS) to study ICB Financial Accounting courses at Matric College. You can study the ICB Financial Accounting Programme with or without Matric. The first course is the ICB Bookkeeping National Certificate. This is also known as our bridging course. You require a Grade 10 to study the ICB Bookkeeping National Certificate. Once you have completed this course, you are officially in the ICB Financial Accounting Programme.

Yes, Accounting courses have a lot of math. This is because Accounting professionals work with finances, numbers and calculations. The math includes fractions. Decimals, percentages, ratios and algebra.

Author: Mulisa Nethononda
Editor: Amy Venter
Date Published: March 15, 2022

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