INFORMATION PACK

ACCOUNTING ONLINE SHORT COURSE

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THE NEED FOR THIS COURSEAccounting skills are vital in terms of knowing how to prepare and interpret financial statements and how to use them to comply with the requirements of various stakeholders in business. Financial statements are key to inform the decision-making process of management, but are also a requirement in terms of the Companies Act of South Africa. Financial statements are used to prepare tax returns and are also submitted to the CIPC (Companies and Intellectual Property Commission) on an annual basis.

Aspiring finance, accounting and investment professionals need to understand what financial statements are and how these are prepared as this is a crucial part of their career. Managers and entrepreneurs also need to understand how to leverage accounting outputs to drive strategic decision-making.

ABOUT YOUR SUBJECT MATTER EXPERTNestene Clausen is a director, consultant and founder of The Audit Pro, a company that prides itself in excellent service in the accounting, audit and tax industry. Nestene is a registered Chartered Accountant (SA) and Registered Auditor. She also holds a Master’s Degree in Accounting from North West University.

She completed her academic articles at North West University in 2013, professional articles at CAP Chartered Accountants in 2015, and lectured in auditing for two years at the University of Cape Town, before founding The Audit Pro in 2017.

Nestene is passionate about accounting education and the power it holds to transform the economic landscape of South Africa. She is a regular speaker on this topic, having presented at various conferences, including the British Accounting and Finance Association (BAFA) conference in the UK.

ABOUT YOUR ONLINE COURSE LECTURERThis course will be facilitated by an industry subject matter expert who has years of experience and knowledge in the Accounting industry.

COURSE INTRODUCTION AND MODULE LIST Welcome to this Accounting short course. This is a modular online course hosted by Damelin Online.

This course will equip you with the skills to utilise financial information for key decision making and empower you to comply with legislative and other requirements for businesses in the South African and global landscape.

MODULE 0 WEEK 1Orientation Module:

• Navigating the Virtual Learning Environment

MODULE 1 WEEK 2 What is Financial Accounting?

• Define financial accounting• Define financial statements• Explain the purpose of financial accounting• Explain the role of the financial accounting function in an organisation

DISCLAIMER: Although the authors/subject matter experts, producer (emotion studios), Damelin, Damelin Online, Educor Holdings (Pty) Ltd and any of its affiliates and associates have made every effort to ensure that the information in these course notes and video presentations was correct at time of publishing, the authors/subject matter experts, producer (emotion studios), Damelin, Damelin Online, Educor Holdings (Pty) Ltd and any of its affiliates and associates, do not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors and/or omissions and/or mistakes, whether such errors and/or omissions and/or mistakes result from any cause whatsoever including, but not limited to, negli-gence, accident, error, omissions, mistakes and/or any other cause. USAGE: All names, marks and references are strictly for illustrative and comparative purposes only.

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Course Prerequisites:In order to get the full benefit from this course, you require the following:

» Computer/Laptop/Mac/Tablet » Stable internet connection » Firefox/Internet Explorer/Chrome web browser (latest version)

» Adobe Acrobat, or similar PDF viewer » Microsoft Word/Pages (ability to export documents as PDF files)

» Microsoft Excel » Email/Cell phone for notifications and communication

Learning platform:Virtual Learning Environment

Effort: Approximately 4-5 hours per week

Duration of course: 10 weeks online

Subject Matter Expert:

Nestene Clausen

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MODULE 2 WEEK 3Skills Required of a Financial Accountant

• Describe the different skills required by a financial accountant• Identify the skills required of a financial accountant in various scenarios

MODULE 3 WEEK 4Accounting Framework Fundamentals

• Describe the different accounting frameworks that currently exist• Apply the requirements of different accounting frameworks to the financial statement

preparation process (intermediate level)• Analyse the requirements of various accounting frameworks in order to advise management

on which framework is most appropriate for their financial statements

MODULE 4 WEEK 5Preparing Financial Statements: Components of Financial Statements

• Explain the various components of a set of valid, accurate and complete financial statements• Apply your knowledge of the various components of a set of financial statements in order to

analyse a set of real financial statements.

MODULE 5 WEEK 6Preparing Financial Statements: Accounting Policies

• Explain what accounting policies are and how they are formulated• Analyse the appropriateness of various accounting policies in different scenarios

MODULE 6 WEEK 7Preparing Financial Statements: Trial Balance to Financial Statement Components

• Describe the process through which a trial balance is turned into financial statements• Apply the process through which a trial balance is turned into financial statements in order

to prepare financial statements in different practical scenarios

MODULE 7 WEEK 8Corporate Tax

• Explain the basics of how corporate tax is calculated• Apply the basics of how corporate tax is calculated• Produce the tax calculation to be included in the financial statements in various scenarios

MODULE 8 WEEK 9Reviewing, Interpreting and Presenting Financial Statements

• Describe the financial statement review process• Apply the financial statement review process to present an evaluation of a set of financial

statements to management

MODULE 9 WEEK 10Wrap Up:

• Synthesise your learning journey experience• Evaluate the course

COURSE DELIVERY

• Virtual Learning Environment • Module notes• Videos• External URLs• Quizzes• Assignments

With the freedom that online education brings, Damelin Online students can upskill in their own time, from almost anywhere on earth. Well, anywhere where the internet is accessible, that is. But although our students may roam far and wide, they are never far out of our mind.

Each course is assigned its own Online Academic Tutor, who is ready and waiting to guide and assist their learners throughout their learning experience.

The Online Academic Tutor who is assigned to your course, is trained to build each student up to reach their fullest potential. Students can expect their Online Academic Tutor to answer questions, offering advice and provide further clarification on any academic aspects.

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COURSE CODE: 19_HE_CA_FT_CT_ASC_01

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• Feedback• Forum discussions• Academic Support

This course is presented through an interactive learning platform – our Virtual Learning Environment. You are encouraged to refer to external URLs for a broader understanding, and complete the quizzes in order to test your own grasp of each module.

Feedback on your assignments will deepen your learning experience, and your participation in the discussion forum with fellow students, brings the classroom into your space.

COURSE ASSESSMENT

There are quizzes throughout the course that will allow you to test your own knowledge and help evaluate your own understanding of the course material. Any areas of misunderstanding can be discussed on the forums or directly with your Online Course Lecturer (OCL) or Online Academic Tutor.

Each module is accompanied by an assignment, which is made up of a number of tasks. You will be able to submit your assignments once you have completed your course notes, watched the videos and attempted the quiz questions.

Once you have submitted your assignment you will received feedback and a mark from your OCL. Throughout the course, you are encouraged to engage on the interactive discussion forums, between fellow students and the OCL.

CERTIFICATION

Upon successful completion of your course you will be awarded a Damelin Online certificate.

Register

Customer care:customercare@damelinonline.co.za

Registration:086 000 777 6info@damelinonline.co.za