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

Online Financial Accounting Courses
In Class Financial Accounting Courses
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Financial Accounting Training Companies

Articles on Financial Accounting in South Africa

Liberty is pleased to announce its continued support of the Association of
South African Black Actuaries (ASABA), as part of its ongoing commitment to
ensure that transformation in the South African actuarial profession is
attained.

The South African Quality Authority announced the registration of the Tax
Professional as an occupational qualification, after a five year gestation which
incorporated lengthy deliberations between the South African Revenue
Service, industry and academia.

The countdown to the closing date for registrations for the South African leg
of the Global Business Challenge, which is designed to identify the business
leaders of tomorrow, has started.

New CIMA study that shows the employability crisis can be met by changing
accounting education focus - analytics and data mining comes out as a top
rated skill to develop.

Are traditional accountants facing extinction? The world is at a time where
digital technology is gaining groundandthe accountant?s role in businessis
under threat.In order to stay relevant the need to evolve is greater than ever

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.

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