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ICB Financial Accounting

There is a skills shortage in finance-related jobs in South Africa, especially as trainee accountant, debt collector, finance management, office administration, accountant and accounts clerk. This creates tremendous career opportunities for you, but If you want a career in finance, you'll most certainly need at least one finance qualification. And you might not know that this is possible even without a matric. 

THE ROUTE TO A NATIONAL DIPLOMA IN FINANCIAL ACCOUNTING NQF 6

  1. National Certificate: Bookkeeping NQF 3 (four subjects)
  2. FET Ceritificate: Bookkeeping NQF 4 (two subjects)
  3. National Diploma: Technical Financial Accounting NQF 5 (two subjects)
  4. National Diploma: Financial Accounting NQF 6 (4 subjects)

 

"The fact that we have access to a tutor online also makes a big difference. Studying through IBTC is great!" - Maretha Bekker, ICB - Home study student

Exam cycle

  •  Runs from 1 April to 31 March each year
  • Exams written in May, July, September, November and February of the next year fall within the same exam cycle, and are based on the same curriculum. 

 

Note: The ICB updates its curriculum and study material annually. It is important that you pass your exam in the exam cycle that your material relates to.

 

 


Registration

To register for your exam:

  •  Register for your exam on the ICB's
  • An exam fee is payable for every subject you register for
  • Your annual student registration fee also becomes payable once you register for the first exam of a new calendar year. 

 

Click here to view the ICB exam timetable.

 


Format

The format of the exam:

  • All ICB exams are paper-based, 3.5 hours long and count 180 marks.
  • You have to take your completed PoE with you on exam day. Your final exam paper will be included in the PoE, after which it is sent to the ICB for marking. 

Click here to view the ICB's examination policy.

 


Results

Exam results information:

  • Results are released by the ICB approximately 7 weeks after the exam sitting
  •  It will appear on your profile on the ICB's Student Portal.
  • 70% of your final mark comes from the final exam, while your PoE counts for the other 30%.
  • You need to achieve a final mark of 60% to be found 'competent', while also achieving a minimum of 50% for the final exam. 

 


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