Certificate Course in Administration of Estates 2018
This course covers the entire field of the administration of deceased and insolvent estates. The objective of the course is to equip students with the knowledge required to enable them to wind up both deceased and insolvent estates of individuals as well as insolvent estates of partnerships, companies and close corporations. The course is of a practical nature.
This course will benefit tax consultants, employees of accounting, banking and legal firms who, inter alia, specialise in the winding up of estates and specific employees at the Receiver of Revenue and the Master of the High Court. Knowledge of the determination of taxable income will be to their advantage.
Senior Certificate or an equivalent qualification or an appropriate experience
The teaching medium is English and study material will only be provided in English. Students may however, communicate and answer the assignments and examination either in English or Afrikaans.
The course commences in March of every year . The closing date for registration is end of 23 February 2018.
The course is presented primarily by means of correspondence and is divided into four study guides. Students will be required to study the study guides in conjunction with two prescribed textbooks:
Insolvent Estates. Latest Edition (B
deClercq, RG Evansetal, latestedition)
Deceased Estates. Latest edition (W Abrie, B deClercqet al,latest edition) Reference will also be made to the Income Tax Act, Estate Duty Act and Insolvency Act.
Three assignments (of which two will be
compulsory) will be set, which will be written at home. These will be partly
marked by the lecturers and a comprehensive solution, with comments, will be
provided after each assignment.
A two-hour paper (limited open-book examination--- students may use their prescribed books) will be written in October/November. The marks obtained in the average of the two best assignments constitute 20% of the examination mark. A total mark of 50% will be required for the successful completion of the course.
Credits/Standard of the course
NQF level 6
30 credits(total module credits)
Kind of assessment
Formative assessment and examination admission will comply with UNISA’s formative assessment rules and policies
Assignments comprising practical questions
The three best assignments contribute to 20% of the year mark
The Administration of Estates Syllabus/Content Topics
- Procedure for the administration of an estate and the calculation of estate duty
- Intestate and testate succession, the law of trusts, the matrimonial property regime and estate planning
- Insolvent estates and the winding up process including rehabilitation
- Deceased insolvent estates
Tax Faculty Fees
Payment option 1: Once-off payment
R13 950-00 (This amount includes all your course fees, excluding prescribed textbooks).
Payment option 2: Debit order
First payment: R3 250-00
10 Instalments: R1 270-00 per month
** The Course Fee includes all study material and lectures through The Tax Faculty, but excludes prescribed books***