Midrand Financial Training Center

Record Keeping and Books of Account

Learn effective financial record-keeping and books-of-account practices. The course is structured as practical financial education, with examples and guided activities designed to help learners connect concepts to real organisational or personal-finance contexts.

What you will learn

• Design a practical approach to organising source documents and books of account.
• Explain how ledgers, reconciliations and document trails support reliable financial information.
• Recognise the relationship between record keeping, internal control, tax administration and governance.
• Identify retention questions that require current legal or regulatory verification.

Who this course is for

Entrepreneurs, SME owners, bookkeepers, administrators, finance staff and learners responsible for maintaining financial records.

Course content

The programme is organised around the following learning areas:

• Source documents
• Ledgers
• Reconciliations
• Retention practices

Learning approach

MFTC combines structured learning content with practical examples, exercises and assessment where appropriate. Delivery may include self-paced online learning, instructor-led sessions or a blended approach, depending on the scheduled offering.

Duration and delivery

Duration: Self-paced
Delivery: Online / Instructor-led

Entry requirements

No formal prerequisite is assumed unless MFTC states one for a particular scheduled intake. Basic business numeracy and an interest in the subject will help learners participate effectively.

Assessment and timed tests

Practical record-organisation, reconciliation and control exercises may be used. The default MFTC pass mark is 50%. Timed assessments use an authoritative server-side timer, save learner answers during the attempt and submit automatically when time expires. Subjective responses can be routed for authorised human marking.

Certificate

A certificate is issued only when the learner meets the applicable course-completion requirements and achieves the required assessment standard. The default MFTC pass mark is 50%. Certificates include a unique verification number and can be revoked where legitimately required.

Pricing

Contact MFTC for current pricing and available delivery options.

Important educational notice

This course provides education and training. It does not replace personalised tax, accounting, legal, regulatory or financial advice. SARS, CIPC, tax and regulatory requirements are time-sensitive; consequential decisions should be checked against current authoritative information and, where appropriate, a suitably qualified professional.

Register or enquire

Choose this course in the MFTC registration form below or contact the training team for corporate or instructor-led requirements.

Register for a Course

Create or use your learner account and enrol in an MFTC course.

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