Learning areas covered:

Financial Statements

• Understanding the regulatory framework underpinning financial reporting
• Understanding key features of published financial statements
• Drafting a limited company’s statutory financial statements
• Drafting consolidated financial statements
• Interpreting financial statements using ratio analysis

 Budgeting 

• Preparing budgets and income and expenditure forecasts
• Assessing budgetary impact of internal and external factors
• Using budgetary control to improve organisational performance

Financial Performance

• Collating and analysing cost information from various sources
• Measuring performance and managing costs appropriately
• Making suggestions for improving financial performance by monitoring and analysing information
• Preparing performance reports for management

Internal Control and Accounting Systems

• Understanding importance and use of internal control systems
• Evaluating the accounting system and identifying areas for improvement
• Conducting ethical and sustainability evaluations of accounting systems
• Making recommendations to improve the accounting system

Business Tax

• Completing corporation tax returns and supporting computations for incorporated businesses
• Understanding impact of legislation and legislative changes
• Understanding tax law and its implications for incorporated / unincorporated businesses
• Understanding capital assets

Personal Tax

• Calculating income from all sources and identifying taxable and non-taxable items
• Applying current legislation to calculate tax payable on income
• Accounting for capital gains tax according to current legislation
• Preparing accurate computations and completing relevant parts of self-assessment tax returns

Training methodology and learner support:

Credo Business College offers 3 different types of training options, which you can choose from. Credo delivers high quality courses and depending on which course you study, the training option depends on the programme and the clients’ or learners’ needs.

Training options available:

• Full-time contact classes
• Blended learning: combination of contact classes and distance learning
• Full-time distance learning

Training option 1: full-time contact classes

 Full-time study means that learners attend classes on a daily basis during the day. This usually implies that our full-time learners are not employed and, as they are either recent matriculants or school leavers, they are able to attend daily classes on a full-time basis for the number of years required to complete the qualifications.

Training option 2: blended learning – combination of contact classes and distance learning

This course is presented through a combination of contact sessions (face-to-face learning) and distance learning. Learners can attend a number of classes per module. The first class is an introductory class at the start of each module. This class gives you an overview of the most important aspects of the module and gives you an idea of what to expect in the module. After each introductory class, you complete the relevant module via distance learning. Learners may have 1 to 2 additional contact classes after the introductory class. The second class is usually held two weeks prior to a learner writing a practice assessment and the third class is held prior the formal assessment. Class 2 and 3 are purely based on revision.

Training option 3: full-time distance learning

With distance learning learners can study in their own time from home or work instead of attending classes. Learners have more flexibility as they will have full-time access to credo’s online learning platform. Learners will receive study guidance in terms of unit/module notes, study plan, assignments, assignment feedback and guidance on revision.