What Can I Do With A National Diploma In Financial Accounting?

You can use an ICB National Diploma in Financial Accounting to find employment or further your studies. You can study this course at Matric College.

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Last Updated : April 12, 2022

This is what you can do with an ICB Technical Financial Accounting National Diploma or an ICB Certified Financial Accounting National Diploma:

  • Study further with Matric College 
  • Choose a different ICB Programme 
  • Find employment

Study further with Matric College

Once you have completed the ICB Technical Financial Accounting National Diploma, you can further your studies with Matric College and study the ICB Certified Financial Accounting National Diploma. 

Once you have completed the ICB Certified Financial Accounting National Diploma, you can further your studies towards a Degree Qualification. You can study at colleges or professional bodies that recognise 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)

OR 

You can use the ICB Technical Financial Accounting National Diploma or the  ICB Certified Financial Accounting National Diploma to choose a different course. Studying different courses helps you be knowledgeable in different careers. This also increases your chances of finding employment in different working sectors. You can study the following courses: 

  • NATED Courses 

NATED courses are designed by the Department of Higher Education and Training. These courses equip you with skills and knowledge that prepare you for the work environment. Once you have completed these courses, your chances of finding employment in South Africa will increase. 

  • Short Courses

Short courses are non-accredited courses that are beneficial in many ways: 

  • They get you ready for work 
  • They are easier to complete 
  • They are short 
  • You gain specific skill-sets 
  • They are good if you want to gain a promotion 
  • They advance current skills 
  • You can study with or without a Matric Qualification

Choose A Different ICB Programme

You can use the ICB Technical Financial Accounting National Diploma or the ICB Certified Financial Accounting National Diploma to move to a different ICB Programme. You can choose to study the following ICB Programmes: 

Find Employment

You can use the ICB Technical Financial Accounting National Diploma to find employment. You can find work as a: 

  • Financial Accountant 
  • Management Accountant 
  • Assistant Accountant 
  • Financial Services Officer 
  • Financial Manager 

You can use the ICB Certified Financial Accounting National Diploma to find employment. You can find work as a: 

  • Accounting Officer 
  • Financial Accountant 
  • Tax Practitioner 
  • Tax Consultant
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What Does A Financial Accountant Do In South Africa?

These are the duties of a Financial Accountant:

  • Prepare monthly financial statements 
  • Prepare tax returns 
  • Report on tax information
  • Handle weekly cashflow reports 
  • Prepare yearly accounts 
  • Analyse financial statements 
  • Handle internal audits 
  • Manage new Financial Accounting staff when needed 
  • Prepare budgets

How Do I Become A Financial Accountant?

You become a Technical Financial Accountant by following these steps: 

  • Apply 

You can apply here for our ICB Technical Financial Accounting National Diploma 

  • Get Registered 

Our course experts will contact you and get you registered 

  • Find Course Assistance

When you have been registered. We will send you the study material. This will arrive in 5 to 7 days. The study material will help you study. 

We also have tutors available Mondays to Fridays, 08:00 am to 17:00 pm. They can assist you with your assessments. You can contact them through emails, calls and WhatsApp 

  • Complete PoE

In the ICB Technical Financial Accounting National Diploma, you will have to complete a Portfolio of Evidence (PoE).

The PoE consists of two tests and three assignments. You must complete these to pass the course. You are also required to write a final examination to complete the course. 

  • Look For Work 

When you have completed the Technical Financial Accounting National Diploma, you can look for employment. You will be a suitable candidate for applying for employment with the skills and knowledge you have obtained. You can begin your journey of working as a Financial Accountant.

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Benefits Of Studying At Matric College

  • Study from home 
  • Save transport money and time 
  • Study at the pace you prefer 
  • Study while you work 
  • Schedule your own study sessions 
  • Gain accredited qualifications 
  • Get assistance from tutors 
  • Reduce chances of dropping out

How Many Years Does It Take To Become A Financial Accountant?

It takes 6 to 36 to become a Financial Accountant. This is possible if you study the ICB Technical Financial Accounting National Diploma and the ICB Certified Financial Accounting National Diploma at Matric College.

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Is Financial Accounting A Good Course?

Yes, the  ICB Technical Financial Accounting National Diploma and the ICB Certified Financial Accounting are good courses. This is because of the following:

Accredited

ICB Technical Financial Accounting National Diploma and the ICB Certified Financial Accounting courses are accredited by the ICB and the QCTO. This means you can gain quality education from these courses. Employers value accreditation. This will increase your chances of getting employed when you look for employment.

Recognised

The ICB Technical Financial Accounting National Diploma and the ICB Certified Financial Accounting are recognised. Obtaining qualifications from these courses means you will be able to further your studies or look for employment nationally and internationally. This gives you more opportunities to grow your career.

Valuable skills

The ICB Technical Financial Accounting National Diploma and the  ICB Certified Financial Accounting courses equip you with skills that are valuable in the work environment. These are skills such as: 

  • Analysis skills 
  • Critical Thinking skills 
  • Management skills 
  • Financial skills 
  • Accounting skills 

With these skills, you can find work in different companies.

Does Financial Accounting Pay Well?

Yes, Financial Accounting pays well. This is because Financial accountants have a lot of duties and their skills are valuable in a company. Therefore, they earn high salaries. The average salary of a Financial Accountant in South Africa is R28 448 per month.

Is Financial Accounting In Demand?

Yes, Financial Accounting is in demand in South Africa. If you study the ICB Financial Accounting Programme, you will be a valuable candidate in the work industry. You will have a higher chance of finding employment.

Author: Mulisa Nethononda
Editor: Amy Venter
Date Published: April 12, 2022