Learning areas covered

Foundation Course

This a compulsory skills programme. It is not a registered or credit-bearing programme.

 This foundation programme concentrates on:

• Reading with understanding
• Writing – grammar
• Writing – punctuation
• Business numeracy
• Accounting equation
• Double entry system.

Basic Accounting, I

• Understanding double-entry bookkeeping, integrating books of prime entry and describing
  coding system functions
• Understanding discounts and settlement, trade and bulk discount differences
• Preparing and processing customer and supplier invoices and credit notes
• Totalling and balancing a 3-column analysed cash book
• Totalling, balancing and reconciling petty cash records within an analysed petty cash book
• Processing ledger transactions and extracting a trial balance

 Basic Accounting II

• Understanding the purpose and use of control accounts and journals
• Maintaining and using control accounts and the journal
• Reconciling a bank statement with the cash book
• Understanding the banking process and main services of banks and building societies
• Understanding requirements of retention and storage relating to banking documents

Basic Costing

• Understanding cost recording systems within an organisation and how best to respond to requests for information relating to costs and expenditure
• Recording and extracting information, and using a costing system to provide information for management

Work Effectively in Accounting and Finance

• Understanding an organisation’s accounting or payroll function
• Using numeracy and literacy communication skills
• Working independently or in a team to prioritise tasks and manage colleagues’ responsibilities
• Understanding ethical values, principles, and importance of confidentiality
• Understanding and explaining benefits of sustainable values to organisations

Computerised Accounting

• Entering data at the start of an accounting period to set up customer and supplier accounts
• Recording and processing customer and supplier transactions
• Recording and reconciling bank and cash transactions
• Processing and using journals to enter accounting transactions
• Producing reports (day books, account activity, aged analysis, statements or remittance advice)

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.