Financial Accounting and ICB

When you study the ICB Financial Accounting Courses, you obtain scarce skills, business knowledge and qualifications that are recognised nationally and abroad.

The ICB Financial Accounting Programme is one of the three programmes offered by the ICB. This programme offers four courses. When you study these courses, you obtain a wide range of scarce skills and business knowledge. 

Upon completion of the course, the college awards you with an ICB Qualification. Below are the ICB Financial Accounting Courses that you can study at Matric College: 

Watch The Principal of Matric College, Jan Badenhorst, Explain The ICB Financial Accounting Courses

What Are The Requirements For Financial Accounting?

To study the ICB Financial Accounting Courses, you will be expected to meet the following requirements:

Bookkeeping: ICB National Certificate

  • Must have a Grade 10 or Grade 10 Equivalent Certificate
  • Having good reading, writing, and understanding skills in English
  • Be able to study through distance learning
  • The minimum age required to apply is 16 

Bookkeeping: ICB FET Certificate

Technical Financial Accounting: ICB National Diploma

Certified Financial Accounting: ICB National Diploma

Can I Do Accounting Without Maths?

Yes, you can study the ICB Financial Accounting Courses without Maths. You only need to have a Grade 10 or Grade 10 Equivalent Qualification to join this programme. No background knowledge on Accounting, Mathematics or any other subject is required. 

However, if you have done Accounting and Mathematics, it will be easier for you to understand these courses.

How Many Years Does It Take To Study Financial Accounting?

It takes 12 to 36 months to complete the ICB Financial Accounting Courses at Matric College. When you complete these courses, you are awarded ICB Financial Accounting Qualification that can be used to start businesses or find employment opportunities.  

Is Financial Accounting Hard?

Every Accounting course is demanding and requires students to be devoted to their work. However, this does not mean that you cannot pass the course. You can pass if you do the following: 

  • Study consistently 
  • Ask our tutors to assist you 
  • Complete your POE (tests and assignments)
  • Pass with 50% and above 
  • Prepare for the ICB exams
  • Aim for 50% and higher marks 

Are Financial Accountants In Demand In 2022?

Yes, Financial Accountants are in demand in 2022. This is because they have scarce skills. These are skills that employers value and look for in candidates. Not many people have them, which creates demand. 

This means that if you have an ICB Financial Accounting Qualification. Your chances of finding employment are high.

Is Financial Accounting A Good Career?

Yes, Financial Accounting is a good career based on the reasons listed below: 

You Earn A Higher Pay 


According to Indeed, a Financial Accountant earns a salary of approximately R 36 100 per month. This is a high salary that can help you provide for your needs and wants. The more experience you gain in the role, the higher your salary can become. 

Career Transition Is Possible 


If you are working in the Financial Accounting field, you can grow from a Financial Accountant to other roles. This means that you will have more than one career path to follow. 

This decreases your chances of being unemployed. Below are the different careers you can transition to: 

  • Management Accountant 
  • Assistant Manager 
  • Tax Practitioner 
  • Accounting Officer 

You Can Open A Business 


You can use the skills and knowledge you gain in the ICB Financial Accounting Courses to start a business. You will be able to run a business successfully, be your own boss, and financially independent. 

What Is The Role Of A Financial Accountant?


These are the roles of a Financial Accountant: 

  • Accumulate and oversee financial information 
  • Manage tax payments
  • Prepare company budgets 
  • Calculating the cash flow for the week
  • Performing internal audits 

Where Should I Go After ICB?


When you have completed the ICB Financial Accounting Courses, you can choose to further your studies through Matric College. These are the courses you can apply for: 

ICB Courses


Besides the ICB Financial Accounting Courses, you can study for the other two ICB Programmes. These are: 

When you study the above courses you will gain scarce skills, knowledge and qualification that are recognised globally

Short Courses 


You can study the Short Courses listed below if you want to obtain a wide range of skills that will help you start a business or get employment

NATED Courses 


You can study our NATED Courses if you want to gain skills and knowledge that can be used in finding employment opportunities. Below are the NATED Courses we offer: 

Frequently Asked Questions

Matric College offers ICB Courses. We offer three different ICB Programmes. One of these programmes is the ICB Financial Accounting Courses. You can study this course by applying today.

We are a distance learning institution, and this means that we offer courses to you while you are home. You study from anywhere in the world. We also offer our students support through tutors, Course Experts and providing study material.

The ICB is good because they create courses that offer scarce skills, knowledge and qualifications that are accredited and recognised globally

When you study an ICB Course through Matric College, you gain all the qualities we have mentioned. This helps you to increase your chances of finding employment and starting a business. 

Get Your Financial Qualification Today

You can begin your journey of becoming a Financial Accountant today. Apply and start studying now. This is possible because you will study from home, as we are a distance learning college. Our applications are open any time of the year.

Author: Mulisa Nethononda 
Editor: Stacey Christian
Date Published: December 15, 2022