National Diploma: Financial Accounting NQF L6 – SAQA ID 20366 Code: ICB400 - Academy of York

National Diploma: Financial Accounting NQF L6 – SAQA ID 20366 Code: ICB400


Financial Accounting

National Diploma  NQF L6 SAQA ID 20366

This National Diploma is accredited by FASSET SETA and assessed through ICB (Institute of Certified Bookkeepers). You will learn how to compile annual financial statements, sign off documents for close corporations (if you register with SAIBA), work closely with a Chartered Certified Accountant and Registered Auditor. You will also have a thorough knowledge of accounting theory, corporate strategy and regulatory frameworks.  This programme will provide the skills required to be an Accounting Technician or a Certified Tax Technician.

Course Overview

  • Module 1: Bookkeeping to Trial Balance
  • Module 2: Payroll and Monthly SARS Returns
  • Module 3: Computerised Bookkeeping
  • Module 4: Business Literacy
  • Module 5: Financial Statements
  • Module 6: Cost & Management Accounting
  • Module 7: Income Tax Returns
  • Module 8: Business Law & Accounting Control
  • Module 9: Corporate Strategy
  • Module 10: Management Accounting Control Systems
  • Module 11: Financial Reporting & Regulatory Frameworks
  • Module 12: Research Theory and Practice

Study period: up to 36 months   

Entry Requirements

Students taking this course do not require any accounting knowledge before starting this qualification. Students will require a computer with Windows 7, 8 or 10 for this course.

Study PLUS Course Material

Study material includes a Textbook, Study & Solutions Guide and for those students who require additional assistance in the form of video learning, a FREE USB DRIVE containing Videos and Solutions Playlists.

ICB Assessment and Award

Using the ICB (Institute of Certified Bookkeepers) programme material, 30% of your final mark is calculated from the activities and evaluations you undertake during your Entrepreneurial distance learning course. Your Portfolio of Evidence (POE) is a folder you will receive once you have registered for your assessment, and it must include all tests and assignments you have completed for each module.

You will be required to do a written exam for each module, which accounts for 70% of your final mark and you will include that in your POE, which must be submitted to an ICB assessor. Assessment Centre are located throughout South Africa, so please visit to find an exam venue closest to you. Upon successful completion of your exam, ICB will certify you with a statement of competence showing the respective unit standards, which you have completed.

Important ICB Exam Information

You will need to register as a Student Member with the ICB, and enrol for the exam before prescribed closing dates with them. Please note ICB registration and assessment fees are not included in your course fees and must be paid directly to ICB. Please go to for current fees.

AOY Accreditation

Academy of York is accredited by FASSET SETA, SAIOSH, HWSETA, SABPP, PMSA, CompTIA, COMENSA and the Institute of Certified Bookkeepers (ICB), and is registered with the Department of Higher Education and Training as a Private College.

This course is accredited by ICB, a SAQA recognized professional body.

Course Name: National Diploma Financial Accounting (ICB400)
Price Before bursary R60,500
Price after bursary R36,300*
Once off payment price R33,000
Payment Plan R900 over 40.3 months
Registration Fee R2,000

*Prospective students need to contact Academy of York to determine if they qualify for a bursary

What our students say about us

Success Stories“AOY has been an amazing correspondence partner assisting me every step of the way through this journey. AOY is understanding and accommodating and will see where they can help you to make your studies as simple as possible. They have been amazing to me and I highly recommend them to any person wishing to study correspondence. AOY thank you so much for what you do and for the professionalism, care and opportunities that you create for people.”
Annette Smith | Financial Accounting NQF L6