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.

Financial Accounting Courses by Region

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

Financial Accounting Training Courses by Method

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Financial Accounting Training Companies

Articles on Financial Accounting in South Africa

According to business trend forecasters, 2014 is the year when businesses
will sharpen their focus on big data. It is projected that businesses will place
more emphasis on analytics projects, data-related security and privacy, and a
new generation of cognitive-intelligence applications.

For financial people there is very little that compares to the feeling of
successfully utilising the excel application. On the contrary the ineffective use
of these functions can lead to immense frustration and time wasting. Jon von
der Heyden talks about what it means to master excel.

An initiative will see management accounting practices become more
consistent around the world with the aim of helping organisations make
smarter and faster decisions says Samantha Louis, CIMA regional director.

With the aim of equipping finance professionals with the skills to meet current
and future business needs the Chartered Institute of Management
Accountants launched its innovative syllabus for 2015.

To the non-accountant, accounting is a threatening word. Accounting Made
Easy is the antidote which makes accounting understandable and
accessible for everyone.

Setas and FET Colleges have repeatedly been instructed to work together to
further government's post-school agenda, but this is proving to be a
challenge in many sectors.

The initiative known as the Bonani programme prepares unemployed
accounting graduates for integration into the labour market, and ensures that
they are able to function at successfully in the workplace.

2014 will be the year for businesses to attain a higher level of financial control
in terms of compliance with corporate governance and technology application
the financial sector will be one of the more active, according to James
Mckerrell.

Student attendance at the Chartered Institute of Management Accountants is
up by 25% as prospective accountants from around the world joined the
professional body.

The annual salary survey for 2013, shows the positive impact of
professional
qualifications on the earning potential and salary satisfaction of
accountants. It
also measures the ability to realise ambitions such as moving to a new
organisation, or working abroad.

Risk management is among the fastest growing fields in the finance sector
globally, and is set to continue this upward trend as companies recognise the
importance of protecting themselves through sound risk management
strategies.

Cognisant of the fact that learners often struggle to make ends meet
because they are burdened by students loans, Fasset offers a National
Student Financial Aid Scheme (NSFAS) Loan Repayment Grant.

Accountants typically rely on convergent thinking, which is premised on
following specific steps to obtain the answer, but there is a growing need to
adopt different styles of thinking.

The adoption of a Global Business Services model may signify a turning point
in the finance industry as it redefines the value of the finance function.
Nadine Kater discusses this new business model.

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. Find out how you can curb fraudulent activities in your accounts
department.

The CIMA Global Business Challenge is a unique global business
competition designed to discover and nurture future business leaders.
Investors are encouraged to contribute to this initiative.

Mentors, coaches, friends, family and employers play an important role in
ensuring the success of graduates. ACCA SA recently hosted a dinner to
celebrate its latest set of graduates.

Sizwe Shiba, a beneficiary of the seven month Fasset-funded Phadisa
Academic Programme for Commerce study has been given an
opportunity to realise his dream of becoming a school teacher.

Research shows that one in three finance professionals around the world has
faced pressure to act unethically. In response CIMA has launched its ethical
scenario tool for today?s business people.

South African firms are bracing themselves for the introduction of new
accounting standards which will address the issue of how they account for
revenue. While a great number of companies are aware of the impending
changes, far fewer are enamoured with the idea.

Approximately 2000 people in the finance sector have successfully completed
their RPL assessments with the help of BankSeta, the banking and
microfinance sector education and training authority.

Teaching children the importance of saving, particularly during these
tough financial times, is the first step to creating financial freedom in a deb't-
ridden
society.

Contrary to popular opinion, investing on the JSE is easier and more
affordable than many people think. The key to becoming an investor is having
the necessary information, knowledge and financial advice at one?s disposal.

Fasset?s 13th year of operation has proved to be another successful year for the
Finance and Accounting Seta. The Seta has met its NSDS III targets and has also
obtained a clean audit report for the 13th year in succession.

Investment jargon can be intimidating and prevent you from making sound financial
decisions. JSE specialist Idris Seedat shares some insights and explains in basic terms
how to read share pages.

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