International Business Training College(IBTC) ACCA

About International Business Training College(IBTC) ACCA

The ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management
Choosing to study accounting with ACCA and we will provide you with skills and knowledge relevant to any business, which means you are free to choose which type of accountancy role and organisation you want to work for.

The ACCA Qualification will provide you with skills and knowledge relevant to any business, which means you are free to choose which type of accountancy role and organisation you want to work for.

There is a strong focus on professional values, ethics and governance. This is essential because the profession is moving towards strengthened codes of conduct, regulation and legislation, which is why our qualification has an increased focus on professionalism and ethics in accounting.

Professionalism and ethics is examined at the highest level in the ACCA Qualification. It is also a main part of the practical experience you must complete to qualify.

To qualify as an ACCA member, you will need to complete:

exams – a minimum of five of 14 exams (nine are eligible for exemption*)
experience – record 36 months’ experience in a relevant role
ethics – the Professional Ethics module.

*Nine of the exams which are part of the qualification will not need to be taken if you have other relevant qualifications at the same level. You will need to provide proof of your previous qualifications so you can claim exemptions.

Courses Offered In International Business Training College(IBTC) ACCA

Fundamental Level

The Fundamentals level is divided into two modules Knowledge and Skills.

The Knowledge module introduces you to the main areas of financial and management accounting. You will study the other technical accountancy areas after you study this. There are six subjects in the Skills module which cover the main technical areas that accountants are expected to know.

Accountant in Business

The syllabus for FAB/F1, Accountant in Business introduces students who may not have a business background, to the business, which as an entity is made up of people and systems which interact with the environment and with each other. The syllabus begins with examining the purpose and types of business which exist, the key stakeholders and the rights and responsibilities that businesses have in connection with them, exploring the external influences that affect the business in its environment, including economic, legal, social and technological factors.
The syllabus then examines the structure and functions of business, focusing on corporate governance and the specific accounting related roles in this process, particularly in financial reporting, assurance, control and compliance. The syllabus then introduces key leadership, management and people issues such as effective individual and team behaviour, motivation and personal effectiveness.

The final section of the syllabus examines how behaviour at all levels within business should be underpinned by accepted professional ethics and professional values.

Management Accounting

The syllabus for Paper FMA/F2, Management Accounting, introduces candidates to elements of management accounting which are used to make and support decisions.

The syllabus starts by introducing the nature, the source and purpose of cost accounting and the costing techniques used in business which are essential for any management accountant.

The syllabus then looks at the preparation and use of budgeting and standard costing and variance analysis as essential tools for planning and controlling business costs. The syllabus concludes with an introduction to measuring and monitoring the performance of an organisation.

Financial Accounting

The syllabus for Paper FFA/F3, Financial Accounting, introduces the candidate to the fundamentals of the regulatory framework relating to accounts preparation and to the qualitative characteristics of useful information. The syllabus then covers drafting financial statements and the principles of accounts preparation. The syllabus

then concentrates in depth on recording, processing, and reporting business transactions and events.

The syllabus then covers the use of the trial balance and how to identify and correct errors, and then the preparation of financial statements for incorporated and unincorporated entities. The syllabus then moves in two directions, firstly requiring candidates to be able to conduct a basic interpretation of financial statements; and secondly requiring the preparation of simple consolidated financial statements from the individual financial statements of group incorporated entities.

International Business Training College(IBTC) ACCA Fees

Fundamental Level Fees

When studying ACCA, your fees are typically split between the institute (ACCA) and the college (IBTC).
You must ensure that you pay your ACCA fees in full directly to the ACCA. We are cuurrently unable to assist with ACCA payments.

Subject	Online Classes	Home Study
Accountant in Business	R4500.00	R2300.00
Management Accounting	R4500.00	R2300.00
Financial Accounting	R4500.00	R2300.00
Corporate and Business Law	R4500.00	R2300.00
Performance Management	R4500.00	R2300.00
Taxation – (UK Variant)	R4500.00	R2300.00
Taxation – (SA Variant)		R2300.00
Financial Reporting	R4500.00	R2300.00
Audit and Assurance	R4500.00	R2300.00
Financial Management	R4500.00	R2300.00

International Business Training College(IBTC) ACCA Entry Requirement

There are no entry requirements for the ACCA fundamental level subjects. A good understanding of English and mathematics is advised.
Students who are new to accounting are advised to start with the FIA (Foundations in Accountancy) as students are more likely to pass the fundamental level with a good foundation formed from completing the FIA suite of qualifications.