Page 52 - DaggaBay Magazine Issue 4
P. 52

Cannabis  businesses    attracts
                                   increased        scrutiny        from
                                   regulators,  so  keeping  accurate
                                   financial  records  is  vital.  Plus,
                                   companies in this industry have a
                                   slew of unique challenges to deal
                                   with  for  managing  their  cash,
                                   getting credit, handling taxes, and
                                   processing        payments.         So
                                   accounting expertise is a must.







                                                                                              Tertiary subjects:
                                                               After matric, you will need to enrol in a tertiary
                                                               institute and complete a Bachelor of Commerce
                                                                degree – or equivalent qualification at a SAIPA-
                                                                accredited institution. The core subjects you’ll
                                                                                                  be studying are:

                                                                                          Financial Accounting 3
                                                                                                          Taxation
                                                                                Auditing 1 OR Internal Auditing
                                                                                                 Commercial Law
                                                                         Finance OR Management Accounting 3
                                                                                                     Learnership:
                                                                  Having successfully earned your Bachelor of
                                                                       Commerce degree, you will need to gain
           What do I need to study to become an                     invaluable work experience in a three-year
           accountant?                                              learnership at a SAIPA-Accredited Training
           School subjects:                                                                        Centres (ATC).
           At high school level, you will need to
           choose Mathematics (Not Maths Literacy)                          Professional Evaluation (PE) Exam:
           and Accounting (preferably),                            Having completed your learnership, you can
           matriculating with marks that will ensure            then tackle the final hurdle, which is the SAIPA
           you get a university pass. This will lay the         PE exam. Trainees can take the exam, either in
           foundation in accountancy and financial                         May or November, at various venues
           knowledge, while also instilling the                        countrywide. This is a four-hour written
           correct logic and process of thinking to                  competency exam which determines your
           succeed in the profession.                            ability to integrate academic knowledge with
                                                                                practical workplace experience.
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