Financial Accounting Training

There are two basic categories of accounting: financial accounting and managerial accounting. Financial accounting is comprised of information that companies make available to the general public: stockholders, creditors, customers, suppliers, and regulatory commissions. Managerial accounting deals with information that is not made public. Information such as salary costs, Cost of goods produced, profit targets, and material control information. The knowledge supplied by managerial accounting is for the use of department heads, division managers, and supervisors to help them make better decisions about the day-to-day operations of the business.

So why do we need accounting? Asking that question of an accountant is like asking a farmer why we need rain. We need accounting because it’s the only way for business to grow and flourish. Accounting is the backbone of the business financial world. After all, accounting was created in response to the development of trade and commerce during the medieval times.

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Financial Accounting Courses South Africa
Financial Accounting Courses Eastern Cape
Financial Accounting Courses Free State
Financial Accounting Courses Gauteng
Financial Accounting Courses KZN
Financial Accounting Courses Limpopo
Financial Accounting Courses Mpumalanga
Financial Accounting Courses Northern Cape
Financial Accounting Courses North West Province
Financial Accounting Courses Western Cape

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Articles on Financial Accounting in South Africa

financial accounting software

When searching for the best financial accounting software, look for solutions that are affordable and easy to use and time-saving features such as automated entries, invoicing, bill payments, expense reports, financial reports and reconciliations.

financial accounting

Financial accounts are part of the company’s accounting system. Companies often use accounting as a way to keep score.

Financial practitioners are missing a golden career advancement opportunity

The budget is one of the most basic financial processes in business and
understanding how to create an accurate and successful budget is essential
for any manager today. Here are some tips to help you draw up a budget that
works.

Are you buried under a mountain of invoices? Many accounts payable managers experience stress and frustration because of inefficient processes and ineffective practices. Here are some tips to improve the performance of financial departments.

According to news reports 455 825 learners passed the 2015 National Senior Certificate exams marking an increase of 51 952 from the 2014 figure. Of these 166 263 qualified for admission to study towards a degree (Bachelor’s pass) and 183,720 for admission to study towards a diploma.

South Africa is a big country. It is the ninth largest country in Africa. It is twice the size of France and three times the size of Germany

Economic confidence is at its lowest point around the world for four years after a sharp drop in business sentiment in the third quarter of 2015, according to the latest global survey of finance professionals..,.

The growing number of female accounting professionals in Botswana are not only changing their lives and furthering their careers, but also helping to wean the local economy off its diamond dependency.

Around 150 newly-qualified vocational accountants gathered in Gaborone at a prestigious event to celebrate their success as they prepare to enter the job market and begin their careers.

Future careers in the financial services industry will undoubtedly require a skills set comprising finance and information technology.

Accounting professionals must develop skills not traditionally associated with the profession. This means graduates who convert non-commerce degrees to accounting, could be better placed to thrive in business environments in which turbulence is the new normal.

Fasset decides to “test the waters” to see how TVET learners perform in the finance and accounting sector.

Peter Walsh, Group CFO of Servest, has identified “expanding into Africa” as one of the most stressful element to his work. The adroit CFO now has to grapple with new technologies, new information platforms and shifting markets.

The ACCA-X online learning community kicks into life, with the start of introductory and intermediate courses in Financial and Management Accounting.

South Africa faces challenges in retaining a skilled work force and often many qualified professionals are lost to European, Asian or American markets.

Accounting and finance staff is said to be the second most difficult position for South African employers to fill.

Even the most trusted and loyal employee can give in to the temptation to steal from the business if the proper controls and measures are not put in place.

The dynamics in the business world has changed dramatically since a decade ago.

Fasset has recently achieved bronze status with Investors in People (IiP), a global organisation, which champions best practice in people management.

Aspiring chartered accountants achieved an 86% pass rate for the Assessment of Professional Competence (APC) Examination written in November 2014.

Blended learning gets the thumbs up as UCT accounting students triumph in the revised-format Assessment of Professional Competence (APC) exam introduced last November.

The role of financial professionals goes beyond activities that affect the profit of the organisation they work for, but the role requires one’s activities to positively impact the world they live in, and leave it in a better state than before

The small and medium enterprises (SMEs) sector plays an important role in helping alleviate unemployment and contribute to the growth of the South African economy.

Do you have a history of “stop supplies” due to unpaid accounts? This might be a sign that your accounts department needs an overhaul.

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