School of Business, Entrepreneurship & Finance

Engineering & Draughting Open Day - 15 August '20

Join us at AIE for our Engineering & Draughting Open Day on the 15th of August 2020 @ 09:00. Our Campus will be open from 09:00 to 14:00 for a Campus Tour. Be sure to schedule your tour of the AIE Midrand campus with one of our Sales Advisors. By appointment only, (Strict health and safety protocol will need to be adhered to on entry into the building). Stay Safe!

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Home > Icb National Diploma: Financial Accounting Nqf6

National Diploma: Financial Accounting NQF6


This qualification will equip you with knowledge and practical skills in bookkeeping, financial accounting, income tax, financial management, reporting standards, corporate strategy, management accounting and research. There are 2 levels in this study programme. Keep studying and you'll progress through the Intermediate Levels to the final Advanced Level to achieve your diploma. After the completion of the qualification you will be able to do the following: Compile annual financial statements; register with SAIBA as an Accounting Officer (once you meet their requirements); work with Chartered Accountants and Auditors; have a thorough knowledge of accounting theory and practice, corporate strategy and International Financial Reporting Standards.    


Learn how to use the popular SageOne accounting software as part of your qualification. 

This programme is accredited by ICB (Institute of Certified Bookkeepers) and FASSET SETA.



*IMPORTANT NOTE: You can exit after completing any of the levels on NQF3, 4, 5, & 6. To achieve your diploma, you have to complete all four levels.


Advanced Level, National Diploma: Financial Accounting

The Advanced Level will give you the skills to keep records of financial affairs of the business on a Senior level and also the knowledge to be a Junior or Assistant Accountant.


  • Corporate Strategy
  • Management Accounting Control Systems (MACS)
  • Financial Reporting and Regulatory Frameworks (FRRF)
  • Research Theory and Practice (by short dissertation; topic: Financial Accounting) (RTAP)



Features & Benefits


  • Get a free Office 365 Education A1 license, valid for the duration of your studies. 
  • Job placement assistance through our industry network and online recruitment portal, exclusively available to AIE graduates. Visit for more.  


Admission Requirements:

  • National Diploma: Technical Financial Accounting NQF L5, or equivalent.

Hardware Requirements

Please note that you are required to have your own computer for this qualification. AIE, in partnership with Dell and TripleH committed to supplying every student with a Dell laptop to support our DigitalCampus initiative. Available exclusively to AIE students, devices can now be financed with your tuition fees. We provide three models:



  • CORECore Spec, Dell Inspiron 15” 3593 Series i5
  • MEDIUMMedium Spec, Dell Inspiron 15” 3593 Series i7
  • HIGHHigh Spec, Dell Latitude 3500 Series i7

R9 000.00Learn More

15" laptop that meets all your everyday needs and looks good doing it. Featuring 10th generation Intel®

10th Generation Intel(R) Core(TM) i5-1035G1 Processor (6MB Cache, up to 3.6 GHz), 15.6-inch FHD (1920 x 1080) Anti-Glare LED-Backlit Display, 8GB, 1x8GB, DDR4, 2666MHz, 1TB 5400 rpm SATA Hard Drive, DVD Drive (Reads /Writes to DVD/CD), NVIDIA(R) GeForce(R) MX230 with 2GB GDDR5 graphics memory, Windows 10 Home 64bit English, 1Y Collect and Return Service

R14 000.00Learn More

The foundation for intense graphic and processor heavy tasks. Featuring 10th generation Intel® processors and an array of ports.

10th Generation Intel(R) Core(TM) i7-1065G7 Processor (8MB Cache, up to 3.9 GHz), 15.6-inch FHD (1920 x 1080) Anti-Glare LED-Backlit Non-touch Display, 8GB, 1x8GB, DDR4, 2666MHz, 1TB 5400 rpm 2.5" SATA Hard Drive, Tray load DVD Drive (Reads and Writes to DVD/CD), NVIDIA(R) GeForce(R) MX230 with 2GB GDDR5 graphics memory, Windows 10 Pro (64 Bit), 1Y Collect and Return Service

R18 000.00 Learn More

Get serious with the high spec Latitude, Dell’s flagship hardware for high end graphics and processing.

8th Generation Intel(R) Core(TM) i7 -8565U, 15.6-inch FHD (1920 x 1080) Anti-Glare LED-Backlit Non-touch Display, 16GB, 2x8GB, DDR4 Non-ECC, 1TB 5400 rpm 2.5" SATA Hard Drive, Tray load DVD Drive (Reads and Writes to DVD/CD), NVIDIA(R) GeForce(R) MX130 with 2GB GDDR5 graphics memory, Windows 10 Pro (64 Bit), 1Y Collect and Return Service

Salaries & Skills



* All statistics are derived from

  • Pricing & Payment Options

  • Duration

    Full Time   

    • 8 Months (10 Sessions/Week, 2 hours each, +- 2 ½ day/week, class times are between 08:30 & 16:00)  
    • All credits are achieved via your study duration at the institute plus certification exams.   


    *Sessions will be grouped together to lower cost of traveling, however, in some cases classes may not follow this convention and schedules are subject to change.   


    Online & Part-Time    

    • Part-Time = 12 Months (2 Hours/week, every 2nd Saturday 08:00 - 14:00)
    • Online = 12 Months (Online live Q&A or structured classes, 2 Hours/week, 18:00 - 20:00) 
    • Credits are obtained through a combination of live virtual classes, pre-recorded video lectures and project-based tasks.    
  • Career Options

    • Financial Accountant,
    • Accounting Officer 
    • Tax Practitioner
    • Tax Consultant
    • Assistant Manager
    • Management Accountant


  • Study Kit

    Your study kit is included in your fees and will contain:    
    • Free WIFI (10GB/Month, On Campus only).    
    • Stationery kit that includes:
      • AIE Notepad
      • AIE Pen, Ruler & Pencil Case
    • ICB Approved and Accredited textbooks for all subjects.   
    • Orientation kit including: Student Card, Welcome Letter, and Getting Started Guide.    
    • Access to our myAIE student portal and student support team via phone, email and tickets

What you get

This qualification is designed to provide the student with multiple certificates and qualifications, 
both locally and internationally recognised by industry for maximum employability.  


On completion the student will earn:  


  • National Diploma: Financial Accounting (NQF 6 – SAQA ID 20366) 

Our Learning Methods

At AIE, The Academic Institute of Excellence we understand that that each person prefers different learning styles and techniques. This is influenced by many factors including, circumstances, location, field of study and learning preference. It is for this reason that we have developed our myWay learning methodology, a unique and modern approach to blended learning that encompasses multiple delivery methods, involving our three main channels.

Full Time

Reach your full potential through our myWay Instructor-led or Mentorship based classes combined with interactive lessons, practical assignments and in-field experience, combined with our blended platform to make up a full day or selective days within a week.

Part Time

Designed for the working professional, our part time programmes provides you with the flexibility and benefit of our myWay Blended Learning with at home exercises/assignments and mentored or in-class lectures at a manageable schedule and pace.


We have re-defined online learning. Our myWay Online Learning ensures that the student is supported by technology and people throughout his academic journey. We focus on a blended learning approach, combining online Virtual Classrooms, at home exercises, activities and project-based assignments bundled with fully developed video lectures, all managed by our student learning platform.

Career Video

Watch this video to understand a day in the life of an Accountant. 

Important Notes

Your study fees will include/exclude: 

  • Included in Fees:  All hardcopy manuals, access to student portal and resources. 
  • Exclusive in Fees:  National Examination which is R675.00 per subject and ICB membership fee of R350.00 

Part 2: Advanced Level, National Diploma: Financial Accounting  


This qualification will cover: 


Corporate Strategy 

  • Introduction to strategic management 
  • Formulating a strategic direction 
  • The context of strategic selection 
  • The formulation of corporate goals and objectives 
  • Strategy identification and formulation 
  • Strategy evaluation and selection 
  • Strategy implementation 
  • Continuous improvement through strategic control and evaluation 
  • Strategic management and non-profit organisations 


Management Accounting Control Systems 

  • Activity-based costing 
  • Cost classification, estimation and behaviour 
  • Cost-volume-profit analysis 
  • Linear programming 
  • Standard costing
  • Relevant costs 
  • Expected value theory and decision trees 
  • Pricing policy and transfer pricing 
  • Divisional performance evaluation 


Financial Reporting and Regulatory Frameworks 

  • Introduction to International Financial Reporting Standards (IFRS) and the Conceptual Framework 
  • IAS 1 – Presentation of financial statements 
  • IAS 16 – Property, plant and equipment 
  • IAS 40 – Investment property 
  • IAS 36 – Impairment of assets 
  • IAS 38 – Intangible assets 
  • IAS 2 – Inventories 
  • IAS 37 – Provisions, contingent liabilities and contingent assets 
  • IAS 17 – Leases 
  • Financial instruments 
  • IAS10 – Events after the reporting period 
  • IAS18 – Revenue 
  • IAS19 – Employee benefits 
  • IAS21 – The effects of changes in foreign exchange rates 
  • IAS33 – Earnings per share 
  • IAS12 – Income taxes 
  • IAS8 – Accounting policies, changes in accounting estimates and errors 
  • IAS7 – Statement of cash flows 
  • Consolidated financial statements 
  • Financial reporting requirements of the Companies Act 2008 
  • Accounting Theory and Practice 
  • Sage One Pastel (additional course added)
  • Campus
    Registration Close Date
    Start Date
  • 29 January 2021
    04 February 2021
  • Campus
    Registration Close Date
    Start Date
  • 15 July 2020
    Late Registration In Progress
    20 July 2020
    Full Time
  • 15 July 2020
    Late Registration In Progress
    20 July 2020
    Part Time
  • 29 January 2021
    04 February 2021
    Full Time
  • 29 January 2021
    04 February 2021
    Part Time
  • Campus
    Registration Close Date
    Start Date
  • 15 July 2020
    Late Registration In Progress
    20 July 2020
    Part Time
  • 15 July 2020
    Late Registration In Progress
    20 July 2020
    Full Time
  • 29 January 2021
    04 February 2021
    Full Time
  • 29 January 2021
    04 February 2021
    Part Time

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