Short Course in Accounting for Tax in Financial Statements

Date: Mar 29, 2023 - Jun 30, 2023

Application fee: R450.00

Once-off: R5,950.00

Please see full course payment breakdown below.

The short learning programme (SLP) delves into specific considerations, theoretical aspects and calculations relating to financial statements and accounting for taxation. The course will provide you with a good understanding of the accounting treatment, reconciliation of income tax, deferred tax in the statement of profit and loss, comprehensive income, and statement of financial position.

The SLP will also briefly cover the accounting treatment of other taxes such as dividend tax, donations tax and foreign taxes.

Course overview

The SLP is delivered online and covers the following topics and practical areas:

Topic 1: Accounting for current income tax.

Topic 2: Accounting for deferred tax.

Topic 3: Disclosure in the financial statements.

Topic 4: Reconciling SARS balances.

Topic 5: Accounting treatment of other taxes (dividend tax, donations tax, foreign taxes, and indirect taxes).

Topic 6: Ratios in financial statements and management accounts.

Topic 7: Let's get practical: a simulated scenario integrating the knowledge from all the topics.

Admission requirements

The course is geared towards tax law experts who do not have an accounting background.

Mode of delivery

This short course is delivered on The Tax Faculty's virtual iLearnTax campus.

Course duration

Three months.


This course is presented as a SLP by The Tax Faculty (TTF). TTF is accredited as a continuous professional development (CPD) provider by the South African Institute of Taxation (SAIT), a South African Revenue Services Recognised Controlling Body (RCB) under the Tax Administration Act, 2011 (Act No 28 of 2011).

TTF is registered as a skills development partner (SDP) under the Skills Development Act, 1998 (Act No 97 of 1998) by the Quality Council for Trades and Occupations (QCTO).

Assessment and award of certificate

Learners are assessed via a number of formative and summative assessments. Successful learners will receive a SLP certificate issued by The Tax Faculty. This SLP certificate is non-credit bearing, however, successful learners articulating into the Occupational Certificate: Tax Technician (NQF 6) programme, will obtain recognition for prior learning (RPL) towards the NQF 6 qualification. In addition, this just-in-time learning programme also qualifies for verifiable CPD.

Flexible payment options

Payment option 1: Once-off payment

Total: R5 950.00 (incl. VAT).

Payment option 2: Debit order

Application fee (non-refundable): R450.00 (incl. VAT).

Two instalments: R3 400.00 per month (incl. VAT).
Total: R7 250.00 (incl. VAT).

* First debit order will be collected on course start date. Remaining debit orders will be collected on the first working day of each month.

Payments and cancellations

  • All required minimum payments must be made by direct EFT or by credit card before the commencement of a course. The once-off payment is required to be paid before the course start date, as well as the application fee of learners on a debit order plan (the first debit order is also required on the start date of the course).
  • Kindly note that should debit order payment terms not be adhered to; legal action will be taken and access to the online learning platform suspended.
  • Proof of payment may also be requested before access to the iLearn platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
  • Only written notice of cancellation will be accepted.


For all short learning programmes (SLPs) with a seven-month or less rollout period, the following will apply:

  • If the cancellation is requested more than 10 working days prior to the course start date, no cancellation fee will be applicable.
  • If the cancellation occurs less than 10 working days prior to the course start date, a 100% cancellation fee will be applicable.
  • Students who register for a course and fail to attend will be held liable for the full course fee.
  • The course application fee is non-refundable.
  • The Tax Faculty’s liability in the case of a course being cancelled will be limited to a refund of the course fee.
  • Students who have failed to successfully complete the course, and wishing to repeat will be charged the full course fee to repeat.

Why wait?

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