CBAC Competency Assessment preparation course

Self-paced preparation for the CBAC Competency Assessment. Seventeen chapters, five practice questions after every chapter, and a timed 40-question mock assessment with answers and explanations.

What will set you apart

By completing this course you will gain the following competencies

You already do the work of a business accountant in commerce. The CBAC Competency Assessment asks you to show it, across eight areas, in one timed sitting. This course helps you walk in prepared.
It covers financial accounting and reporting, bookkeeping and internal controls, VAT and income tax, payroll, management accounting, financial management, business law and governance, and professional ethics. Two further chapters cover technology and data, and working with people. They are not assessed, but they reflect what employers expect from a CBAC every day.
Each chapter uses South African examples and the 2026/27 SARS figures. It ends with five Test your knowledge questions and model answers. Chapter 17 brings everything together with chapter summaries, a key figures table and a formula sheet. It finishes with a 40-question mock assessment in the same style as the real one.
The course is optional, and we recommend it. Work at your own pace and go straight to the areas where you feel least sure.

Event breakdown

Welcome and how to use the course
Chapter 1: Accounting foundations
Chapter 2: Bookkeeping in practice
Chapter 3: Assets, inventory and liabilities
Chapter 4: Financial statements and year-end
Chapter 5: VAT in practice
Chapter 6: Income tax for businesses
Chapter 7: Payroll from start to finish
Chapter 8: Costing and budgeting
Chapter 9: Decisions and variances
Chapter 10: Reading the numbers
Chapter 11: Internal controls and fraud prevention
Chapter 12: Business law and governance
Chapter 13: Ethics and professional conduct
Chapter 14: Technology and data for accountants
Chapter 15: Revenue, leases and deferred tax
Chapter 16: Working with people
Chapter 17: Revision, with a 40-question mock assessment (60 minutes) and full answers and explanation

Type: Formal Course

Description

This course prepares members who have applied for the Chartered Business Accountant in Commerce (CBAC) designation for the CBAC Competency Assessment. It covers financial accounting and reporting, bookkeeping and internal controls, VAT and income tax, payroll, management accounting, financial management, business law and governance, and professional ethics, with chapters on technology and working with people.

Each chapter ends with five Test your knowledge questions. The course closes with a timed 40-question mock assessment, with feedback on every question.

You will earn a certificate

A certificate of completion is awarded on successful completion of this course.

Requirements

Laptop, desktop, or mobile device with internet access
Microsoft Edge, Google Chrome, Safari, or Firefox browser