How do I become an accounting technician?

Do you have a degree in a subject other than accounting but you're interested in working in the field of accounting? No problem! You will be able to work your way up in credentials while earning significant experience if you have the designation of Accounting Technician (SA). This will provide you more opportunities to advance in your career. You also have the option to submit an application for the designation of Professional Tax Technician (SA) or Professional Tax Practitioner (SA).

What tasks are performed by Accounting Technicians (SA)?

You will provide assistance to the Professional Accountant in your role as an Accounting Technician (SA) (SA). This encompasses a wide range of accounting responsibilities, such as creating working papers for tax returns, registering for taxes, and compiling financial reports.

What are the prerequisites for earning this Designation?

Academically speaking, a full degree is not required, but you will need to have completed and passed the second year of a Bachelor of Commerce program that focuses on taxation as a major. If you hold a National Diploma in Taxation, you are also eligible to apply for this position. If you have the necessary academic background, you will also be required to have at least 18 months of verified work experience and to pass the test administered by the Centre for Tax Excellence (CoTE).

If you do not have a high school graduation but do have four years of verifiable practical experience, you may be eligible to apply for Recognition of Prior Learning and take the CoTE test in order to become qualified. You will need to be familiar with working with databases, spreadsheets, software for managing projects and documents, as well as tools for doing financial analysis. In addition to that, you should be able to utilize ledgers and receipt books. You will notably need to have an excellent attention to detail in order to notice inconsistencies and mistakes that may sneak in. This is because there is a possibility that they may.

How much might I potentially make from this?

At the time that this article was written, the annual pay for Accounting Technicians in South Africa (SA) was an average of R154 176, which converted to a monthly wage would be around R12 848.

If you are a student who is interested in learning more about the Accounting Technician (SA) designation, you may do so by joining SAIPA as a student member. This will provide you access to a variety of resources. You will have direct access to technical information and assistance from certified accountants if you become a student member of our organization. Our Centre of Tax Excellence is at your disposal for any questions you may have about academic matters.