Bachelor of Commerce Honours in Accounting

Purpose

The primary purpose of this qualification is to provide qualifying learners with intellectual competence and practical skills in the acquisition, analysis, interpretation and application of accounting, auditing, financial management and taxation principles in in accounting and business contexts on a postgraduate level as well as being prepared for a Career in the accounting profession or for further learning in this field.

Rationale

The learner develops intellectual and practical skills in the analysis, interpretation and application of advanced accounting, governance and control and taxation. This qualification will prepare learners to identify and apply advanced accounting, governance and control and taxation principles in practice. Lastly this qualification will prepare learners for further studies in accounting, governance and control and taxation as a science.

Recognition of Prior Learning (RPL).

Recognition of Prior Learning in the case of learners not complying with the formal entry requirements will be conducted in accordance with the policy and guidelines of the institution concerning the recognition of other forms of formal, informal and non-formal learning and experience. Recognition takes place only where prior learning corresponds to the required National Qualifications Framework(NQF)-level, and in terms of applied competencies relevant to the content and outcomes of the qualification. Through Recognition of Prior Learning learners may gain access, or advanced placement, or recognition of status, on condition that they continue their studies at this institution.

Entry Requirements

The minimum entry requirement for this qualification is the

• Bachelor of Commerce in Accounting or any related qualification National Qualifications Framework(NQF) Level 7.

This qualification comprises of compulsory and elective modules at National Qualifications Framework(NQF) Level 8 totalling at 120 Credits.

Compulsory Modules 90 Credits

• Applied Research Accounting, 30 Credits.
• Accounting 4, 30 Credits.
• Governance and Control 4, 30 Credits.

Elective Modules 30 Credits (Choose one)

• Public Sector Governance, 30 Credits.
• South African Taxation, 30 Credits.

1. Demonstrate intellectual and practical skills in the analysis, interpretation and application of governance and control principles.
2. Analyse, interpret and apply accounting principles in accordance with the International Financial Reporting Standards (IFRS).
3. Demonstrate intellectual and practical understanding and application of the analysis and interpretation of the Value-Added Tax Act, the Income Tax Act and the Estate Duty Act with reference to important decisions of the courts and Interpretation and Practice Notes issued by South African Revenue Service(SARS).
4. Demonstrate research skills and an understanding of research methodologies by submitting research essays that have been prepared under supervision.

The Associated Assessment Criterion highlighted below will be integrated within the Exit Level Outcomes

• Demonstrate the ability to identify and solve problems in the field of financial management correctly at a post graduate level by applying the relevant theoretical principles of and reflect on the application made.
• Explore different learning strategies to acquire the multidisciplinary capabilities of a financial manager.
• Plan and conduct research in the financial management field including the gathering, analysing, synthesising and interpretation of information on financial management and related issues correctly by utilising the relevant theoretical research principles and reflect on the research undertaken.
• Communicate effectively, orally or in writing, with the different role players in the financial management field by applying the principles of communication and reflect on the application made.
• Utilise appropriate technology (example computer, e-mail, fax) effectively in the financial management environment.
• Demonstrate acceptable employment seeking skills that give the edge to enter the different levels of the financial management environment by applying theoretical principles of employment skills and reflect on the application thereof.
• Develop theoretical and practical macro vision for the field of financial management internationally, nationally, regionally and locally.
• Be able to effectively and responsibly organise and co-ordinate resources and opportunities in the financial management field including entrepreneurship by applying the relevant theoretical principles and reflection on the application made as well as accept the responsibility for own activities as financial managers.
• Practise acceptable social sensitivity in the relationship with others and work effectively in a multidisciplinary team or organisation by implementing the relevant theory and reflect on the implementation made.
• Promote responsible citizenship through holistic approach to the application of professional values in the financial management field.
• Practise social, cultural and aesthetic sensitivity towards the people of different financial management communities and the role players in the financial management environment by applying the appropriate theoretical principles and reflecting on the application made.

Integrated Assessment

The qualification is coherently aligned in that all teaching, learning and assessment activities are linked to module and qualification outcomes. Assessment methods are varied and includes summative and formative assessment to enhance applied competence from learners and facilitate authentic assessment and learning. Assessment will not only be used to determine whether outcomes were achieved, but also to generate data for grading and provide feedback in order to improve the curriculum. In order for all the assessment purposes to be achieved, ulink quizzes, semester tests, practical assignments, literary studies, group projects/presentations, final examination forms part of assessment methods.