Credo Business College

This infographic shows how you can become a qualified Accounting Technician, even without prior accounting experience! The AT(SA) qualification consists of three levels (NQF 3, NQF 4, and NQF 5) and is an entry-level designation, helping learners to become respected professional Accounting Technicians. Careers for Accounting Technicians include roles such as: • Accounts administrator • Accounts assistant • Accounts payable clerk • Purchase/sales ledger clerk • Trainee accounting technician • Trainee finance assistant • Tax assistant • Junior bookkeeper • Senior accounts clerk • Accounts officer • Credit controller • Ledger supervisor • Trainee accounting technician • Assistant finance manager • Finance team leader • Accounts manager • Financial controller
📞 Whatsapp us for more info: 064 528 7615

Opening Doors to Better Career Opportunities! 🚀 While no qualification can guarantee employment, AT(SA) Accounting qualification holders are highly sought after by employers due to the technical knowledge and practical skills acquired during their training. Whatsapp us 064 528 7615 to learn more!

Credo’s innovative training format: Enjoy the flexibility to study at your own pace with access to Credo’s online learning platform, coupled with live online sessions, and comprehensive study guidance including unit/module notes, assignments, feedback, and revision assistance. You can complete the courses even if you work during the day. 💼 ⏰
Visit https://credobusinesscollege.co.za for more information or whatsapp us 064 528 7615

Local Government Accounting Technician Qualification: This qualification gives learners access to the accounting field through entry and mid-level accounting roles within the municipal environment. AT(SA) is a competency-based accountancy qualification accredited by the South African Institute of Chartered Accountants (SAICA).
Learn more: ➡️ https://credobusinesscollege.co.za/atsa-accounting-technician-south-africa-qualifications/

The Public Sector Accounting Qualifications are customised qualifications, offering accounting officials formal qualifications that ensure immediate demonstration of the acquired skills through practical and competence-based assessment. While applicable across various sectors, the qualification focuses on the Public Sector, specifically National and Provincial Departments. AT(SA) is a competency-based accountancy qualification accredited by the South African Institute of Chartered Accountants (SAICA). Learn more: ➡️ https://credobusinesscollege.co.za/atsa-accounting-technician-south-africa-qualifications/

Accounting Technician Qualification: AT(SA) is a competency-based accountancy qualification accredited by the South African Institute of Chartered Accountants (SAICA). AT(SA) offers an entry into the accounting profession, even for learners with no prior accounting knowledge. The NQF 3 qualification has open access, meaning there are no entry requirements. Prospective learners only need English literacy, numeracy, and computer skills to enter.
Learn more: ➡️ https://credobusinesscollege.co.za/atsa-accounting-technician-south-africa-qualifications/

Why Choose Credo? Since 2008, Credo has helped thousands of learners to reach their potential. Over the years, we have tested and refined our learning solution to ensure it is the most effective for our learners.
Visit: credobusinesscollege.co.za or whatsapp us on 064 528 7615

AT(SA) is an accountancy qualification and membership designation accredited by the South African Institute of Chartered Accountants (SAICA), one of the top accountancy bodies in the world. It offers a credible pathway to transition from being unqualified to being a respected professional. Visit this link to learn how to enrol through Credo:
https://credobusinesscollege.co.za/atsa-accounting-technician-south-africa-qualifications/

Ready to advance your accounting career? 🎓 At Credo, we offer exceptional accounting qualifications for individuals aspiring to become successful professionals. Whether you are new to accounting or already working in the field, you can study towards the necessary certificates to improve your career prospects.
Learn more: credobusinesscollege.co.za

Empowering Success in Accounting Careers:
⭐Job-Ready Credentials: Industry-accredited qualifications for enhanced career opportunities.
⭐Guided Excellence: Proven track record and personalised support sets you up for success!
⭐Flexible Learning: Study from anywhere, at any time. No prior qualifications needed.
Contact us for more info: email [email protected] or whatsapp 064 528 7615

Employment opportunity in Germiston with one of our clients!!

Offered position is: Finance Clerk. Details below:
• Cash Component: R 8 000.00 a month
• Start Date: to be confirmed by employer
• Position: Finance Clerk - possibility for a learnership
• Duration: 3 months
• This position reports to Accountant
• Your working hours will be from 07:30 to 16:30 and will be from Monday to Friday.

This offer is subject to your being criminal and credit clear, providing two valid references and having a verified Matric and/or tertiary education certificate.

Please email your CV and supporting documentation to by Wednesday 23rd August : [email protected]

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WHAT IS A CASH TRANSACTION?

Cash transactions occur when payment is made or received immediately. This includes payments and receipts in physical cash, by debit card or credit card. No debtors or trade creditors are involved.

In 1928, bubblegum was invented by an accountant named Walter Diemer. At the time, he was working for a bubble gum company called Fleer Corp., where the owner was encouraging his employees to make a better version that wasn’t brittle or stuck to the chewer’s face. This led Diemer to experiment in his free time, ultimately leading him to create Dubble Bubble.

WHAT IS THE DIFFERENCE BETWEEN A DEBTOR AND A CREDITOR?

A debtor (or trade receivable) is a customer who has bought goods or services on credit from the organisation. Debtors owe the organisation money and will pay for the goods or services at a later date.

A creditor (or trade payable) is a supplier from whom the organisation bought goods or services on credit. The organisation owes the supplier money and will pay for the goods or services at a later date.

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WHAT IS REFLECTED ON THE STATEMENT OF FINANCIAL POSITION?

The business’ financial position on a specific date, usually the last day of the financial period for which the profit and loss account is drawn, is reported on the Statement of financial position, also called a balance sheet. The financial position of the business is determined by the value of its assets, liabilities and equity, as reflected on this statement.

True success stems from finding happiness in what you love to do.

WHAT IS OWNER EQUITY?

Equity (also called owner’s interest), represents the amount that the business owes to its owner. The amount left after the assets of the business are used to pay off any outstanding liabilities. We can thus say that assets less liabilities equals equity. This is called the accounting equation.

WHAT IS THE DIFFERENCE BETWEEN AN ASSET AND LIABILITY?

An asset is something that the business owns which it can use to generate income with.

A liability is something that the business owes to another person or institution.

All SAICA members and/public who have an account with SAICA can register for the 2023 SAICA Ethics in Practice webinar.

💻Register to join the 2023 SAICA Ethics in Practice webcast at https://bit.ly/3pfNm5D

WHAT IS THE DIFFERENCE BETWEEN GROSS PROFIT AND NET PROFIT?

Gross profit is income less cost of sales.

Net profit is gross profit, less other expenses.

Quote for the week:
"Marginal gains: 100 things done 1 percent better to deliver cumulative competitive advantage." - James Kerr

WHAT IS REFLECTED ON THE STATEMENT OF INCOME?

The business’ financial performance, for a certain period, is reported on the Statement of income, also called an income statement. The performance of the business is measured in terms of the profit or loss that was made. This is calculated by subtracting the business’ expenses from its income. A profit is made when income is more than expenses, and a loss is made when expenses are more than income.

"A map of daily improvement act as a powerful tool to develop teams and organisations; this ‘living document’ provides fresh goals and develops new skills so people push themselves harder, become more capable and achieve more for the team." James Kerr

Happy Friday Everyone 💥

The world’s first accountants originated in Ancient Mesopotamia

Accounting can be traced as far back as ancient Mesopotamia. The world’s first accountants worked for the temples, keeping track of taxes paid in sheep and agricultural produce for the religious authorities of the day. In the process, many historians believe they invented the practice of writing in order to keep receipts.

WHAT IS THE DIFFERENCE BETWEEN GROSS PROFIT AND NET PROFIT?

Gross profit is income less cost of sales.

Net profit is gross profit less other expenses.

Have a happy Friday & a blessed weekend everyone 💥

Credo would like to congratulate Nomhle & Doctor from Maquet SA/Getinge for completing the Accounting Certificate Level 5 qualifications and obtaining first-time competency on all modules. Such outstanding hard work & an accomplishment. We have been on the journey with you since 2020 when you enrolled onto the FET Accounting Technician Level 4 qualification. It has been an amazing road watching you excel in your studies. Credo will miss you, and we wish you all the best of luck on your new journey. /SAICA