This qualification is aimed at addressing the need for transformation through training; to enhance the skills and competencies of government accounting staff that in turn will contribute to the efficiency and productivity of government.
Poor financial management in the public sector has for years been highlighted by role players in the financial sector. The quality of financial statements, lack of understanding of basic internal controls, ineffective internal audit departments and the limited knowledge of accounting and financial principles are only some of the matters which contribute towards poor financial management practices.
This qualification is aimed at addressing the need for transformation through training; to enhance the skills and competencies of government accounting staff that in turn will contribute to the efficiency and productivity of government.
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The basic introductory elements of Accounting. Know the objectives and function of accounting as a field of study. Understand the elementary accounting and business processes.
The least expensive form of financing of a business is the Creditors of the business. The reason for this is the fact that most creditors don’t charge interest on the outstanding amount of their customers’ accounts.
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Accounting training is offered by Veritas Inc. You can choose from beginners, intermediate, or advanced courses. Each course covers a wide variety of topics, formulas, shortcuts, and data. Training includes theory and practical exercises.
The person credited with this Unit Standard will be able to perform routine financial transactions and calculations and need to apply the processes and procedures necessary to initiate the recording of disbursements and revenues, and to understand the financial implications to the organisation of e...
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