National Diploma: Financial Accounting (ICB Advanced Level – Business Management)

R15 090.00

In this ICB Business Management: Advanced Level course you will learn how to operate a business at the level of a financial accountant. You will learn how to compile annual financial statements. You will come to understand personal and business taxation, accounting theory and practice, corporate strategy, and the International Financial Reporting Standards (IFRS). This course also introduces you to the key marketing and management theories, concepts and techniques applicable to businesses and organisations.

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Calendar Study duration (Months)
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Accredited Quality council: QCTO
Certificate Certified by ICB & Fasset

Course code: C00832



Financial Reporting and Regulatory Frameworks, including Research Theory and Practice (Dissertation)

Business Management 3

Financial Management and Control

Higher Certificate: Office Administration (must include the Business Management 2 subject)

Course type: Accredited

SAQA ID: NQF L6 (SAQA ID: 20366)

Minimum credits: 280

Quality assurance partner: The International Certifications for Business (ICB)

Quality council: The Quality Council for Trades and Occupations (QCTO)

Certification: National Diploma: Financial Accounting

Certification issued by: ICB and Fasset

Assessment information:

2 to 3 formative assessments per subject. Submitted to and marked by Optimi College.

1 Portfolio of Evidence per subject. All Portfolios of Evidence are digital. Your Portfolio of Evidence is completed on Macci, the ICB’s digital platform, when you register for your exam. The Portfolio of Evidence has a deadline determined by the ICB. You need to pass and complete your Portfolio of Evidence to be allowed access to the exam.

      • Phase 1: 1 assignment and 1 test (both online, auto-marked, open book)
      • Phase 2: 1 assignment and 1 test (both online, auto-marked, open book)
      • Phase 3: 1 assignment (download, complete, upload, hand-marked, open book)

1 final exam per subject. Online (hand-marked) or paper-based at a venue (hand marked)


Pass requirements:

      • 30% of your final mark comes from your Portfolio of Evidence.
      • 70% of your final mark comes from the final exam.
      • You need at least 50% in the final exam to pass.
      • You need at least 60% overall to pass.


Exam information:

Exams can be written in February, May, August and November each year.


Exam fees:

Please note that your exam fees are not included in the course fee and may be subject to change.

      • Annual student registration fee: R400.00
      • Exam fee per subject: R730.00
      • Exam late entry fee per subject: R550.00
      • Exam postponement fee per subject: R300.00
      • Exam re-mark and examiners report: R1 150.00
      • Private invigilator admin fee (Prior approval required): R2 000.00

Course fee: R15 090.00

Deposit: R2 240.00

Monthly instalment: R1 835.71

Payment duration: 7 months

Study duration: 10 months

Dedicated support team

Dedicated lecturer

Orientation session

Study calendar

Online student check-ins

Deep dive sessions

Live online lectures

Recorded online lectures

Interactive quizzes and exam preparation

Online forum interaction with peers and lecturer

Exam booking assistance

Study material and courier delivery included

Online classroom access