Accounting Clerk

The qualification enhances principles, concepts and practices of financial accounting within the occupational context of entry level positions in the public and private sectors and provides a stepping stone into the accounting profession. It capacitates learners with essential life skills in basic financial record keeping, which improves personal financial management. It improves employment and entrepreneurial opportunities to qualified learners. The purpose of this qualification is to prepare a learner to function as an Accounting Clerk. Accounting Clerks handle essential financial data entries, invoice processing and record keeping within public and private sector organisations under supervision and forms part of a financial management team. A qualified learner will be able to: • Capture financial transactions and process invoices and receipts. • Maintain financial records and perform basic bookkeeping entries. • Perform financial administrative tasks in response to internal and external enquiries. • Perform administration services to maintain tax records. Typical Graduate attributes: Learners that have successfully completed the qualification should have the following attributes: • Meticulous. • Time sensitive. • Accuracy. • Logical. • Systematic.

The qualification addresses the widespread shortage of entry-level financial support personnel in South Africa. The employees are required to execute routine financial administration tasks in enterprises, government departments and non-profit organisations. This qualification helps meet supply of critical skilled individuals at the entry level of an Accounting career. Properly skilled employees in these roles facilitate the ability of organisations to navigate an increasingly complex financial operating environment. It enhances organisational ability to comply with financial regulatory requirements and to optimise the proper integration of emerging technologies into the financial disciplines within the organisations. The following related qualification is currently registered on the NQF: • National Certificate: Vocational: Finance, Economics and Accounting, NQF Level 3. This qualification strengthens the supply of a steady stream of competent accounting clerks capable of maintaining data integrity within financial systems. It provides support to financial record keeping functions within organisations in the public and private sector. It lays a solid basis and foundation for career growth within the Accounting sector. It opens access to formal employment for youth and previously unemployed individuals, especially those with limited prior experience, by equipping them with practical, work-ready financial skills. It contributes improved financial administration, enhances the overall accuracy and compliance of South African businesses, contributing to better audit outcomes, improved tax collection, and more sustainable enterprise growth. Typical learners to the qualification are school leavers with NQF Level 02 qualification and those already employed. Collaboration with relevant stakeholders: • Financial sector employers in the public and private sectorS. • Accounting sector professional bodies. • Public and private training providers. List typical occupations in which the qualifying learner will operate (if relevant): • Finance Clerk. • Financial Administrator. • Revenue Clerk. • Budget Clerk. • Treasury Clerk. • Accounting Assistant. • Accounts Payable Clerk. • Accounts Receivable Clerk. • Payroll Clerk. • Billing Clerk.

Recognition of Prior Learning (RPL): RPL for Access to Training: Learners may use the RPL process to gain access to training opportunities for a qualification if they do not meet the formal, minimum entry requirements for admission. RPL assessment provides an alternative access route into a qualification. RPL assessments must be developed, moderated, and conducted by the accredited Skills Development Provider which offers that specific qualification. Such assessments must ensure that the learner is able to display the equivalent level of competencies required for access, based on the NQF level descriptors. RPL for exemption from modules For exemption from modules through RPL, learners who have gained the stipulated competencies of the modules of a qualification through any means of formal, informal, or non- formal learning and/or work experience, may be awarded credits towards relevant modules, and gaps identified for training, which is then concluded. RPL for Access to the External Integrated Summative Assessment (EISA): Learners who have gained the stipulated competencies of the modules of a qualification through any means of formal, informal, or non-formal learning and/or work experience, may be awarded credits towards relevant modules, and gaps identified for training, which is then concluded. A valid Statement of Results is required for admission to the EISA in which confirmation of achievement is provided that all internal assessment criteria for all modules in the related curriculum document have been achieved. Upon successful completion of the EISA, RPL learners will be issued with the QCTO certificate for the qualification. Quality Partners are responsible for ensuring the RPL mechanism and process for qualifications is approved by the QCTO. Entry Requirements: • An NQF Level 2 qualification.

1. Process financial transactions. 2.Perform basic financial record-keeping functions. 3. Resolve internal and external finance related enquiries. 4. Process taxation records.