Qualification
SAQA ID 16948
NQF Level 08
Registered-data under construction

Bachelor of Commerce Honours in Accounting

Apply educational knowledge, skills, principles and methods to practice as a general accountant with specialized knowledge of accounting, management accounting, taxation and auditing expected of Associate General Accountant (AGA), Commercial and Financial Accountant (CFA) or Intermediate qualification towards CA (SA).

Source: SAQA official qualification record. Yiba Verified does not own the underlying qualification data shown on this page.

Qualification type

Honours Degree

Credits

120

Sub-framework

HEQSF - Higher Education Qualifications Sub-framework

Providers listed

1

Qualification snapshot

Official qualification identity fields captured from the qualification record.

Originator

University of the Free State

Quality assurance functionary

CHE - Council on Higher Education

Field

Field 03 - Business, Commerce and Management Studies

Subfield

Finance, Economics and Accounting

Qual class

Regular-Provider-ELOAC

Recognise previous learning

Y

Important dates

These dates are carried directly from the qualification record.

Registration start

2024-07-01

Registration end

2027-06-30

Last date for enrolment

2028-06-30

Last date for achievement

2031-06-30

Purpose and entry context

Official SAQA text formatted for easier reading.

Purpose and rationale

Apply educational knowledge, skills, principles and methods to practice as a general accountant with specialized knowledge of accounting, management accounting, taxation and auditing expected of Associate General Accountant (AGA), Commercial and Financial Accountant (CFA) or Intermediate qualification towards CA (SA).

Responding to the needs of the community

Responding to business and industry needs

In life-long learning and the appreciation of the value of education and society

Qualifiers will demonstrate knowledge, skills and applied competence in the field of study that provide opportunities for continued personal growth, gainful economic activity and rewarding contributions to society.

Entry requirements and RPL

Learners who register for this qualification can

  • Learn from predominantly written material
  • Communicate what they have learnt comprehensively in the medium of instruction
  • Learn and take responsibility for their own progress

Recognition of prior learning

The qualification recognises formal and non-formal prior learning (incorporating experiential learning) at a Higher Education and Training Certificate Level 6 in Commerce with a specialized focus on accounting or a functional equivalent.

Structure and assessment

Qualification rules, exit outcomes, and assessment criteria from the SAQA record.

Exit level outcomes

The planned combination of learning outcomes are integrated with critical cross-field outcomes for this Qualification

Practical Competency

The demonstrated ability/skill to achieve the major Skills/Applied Competency of the qualification.

Foundational Competency

The demonstrated understanding, by the Learner, of the embedded knowledge that underpins the end result/outcome.

Reflective Competency

The demonstrated ability/skill to integrate or connect our performances and to reflect on, evaluate and adopt the above competencies.

To successfully complete the qualification the learner will have to demonstrate his/her learning via module specific learning outcomes as well as critical cross-field learning outcomes.

Module specific outcomes will include capabilities relating to module knowledge and the understanding thereof within a management leadership context and capabilities relating to integrated knowledge and skills from a variety of disciplines within the management leadership field.

Critical cross-field outcomes will include those specified in the learning outcomes for approved modules in the certificate and as appropriate to the learner's field of practice.

Preparing corporate reports in compliance with General Accepted Accounting Practice.

Demonstrating and applying theoretical and practical knowledge of auditing.

Demonstrating knowledge of the Income Tax Act, Estate Duty Act and VAT Act in order to calculate tax liability.

Demonstrating knowledge of cost methods and corporate financial management and to interpret cost and management information.

The learner will be able to analyse and apply the basic principles relevant to the following

Prepare financial statements in accordance with GAAP and applicable legislation.

Prepare group statements by incorporating holding companies, subsidiaries, associates and joint ventures.

Interpret General Accepted Auditing Practice.

Demonstrate knowledge of corporate law and ethical code of accountants and auditors.

Apply knowledge to facilitate the audit process.

Calculate personal income tax and estate duty.

Calculate corporate income tax and secondary tax.

Interpret and calculate Value Added Tax.

Interpretation of tax laws and court cases.

Apply and interpret different cost methods and management techniques.

Calculate cost of capital and to analyse investing and financing decisions.

Analyse financial statements and determine business valuations including amalgamations, take-overs and reconstructions.

Communicate financial and control information.

Associated assessment criteria

A learner should provide evidence of learning competency (knowledge, skills and attitude) by means of the following

Financial statements drawn up according to set standards.

An audit programme compiled for statutory audits.

Management report on improvements on internal control.

Calculation of the tax liability in respect of

  • Personal tax
  • Corporate tax
  • VAT
  • Estate duty
  • Donations tax

Other taxes, e.g. Stamp duty

Estate planning

Tax planning

Management Accounts

Cost reports

Cost volume analysis

Budgets

Investment decisions

Finance decisions

Business valuations

Analysis of financial statements

Progression and comparability

Articulation options

Vertical: It gives access to postgraduate studies at Masters level and qualifying examination towards CA (SA).

Horizontal: It gives access to psotgraduate studies.

Notes

As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015.

NOTES

N/A

Providers currently listed

This reflects provider names published on the official record. It is useful for qualification discovery, but it should not be treated as a substitute for checking the relevant quality body’s latest provider status.

University of the Free State

Related Qualifications

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ID: 17470
Lvl 08
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Apply educational knowledge, skills, principles and methods to practice as a general accountant with a specialized knowledge of financial accounting, taxation, business finance, management accounting, auditing and enrolling for the qualifying examination for Chartered Accountancy.

To provide students with advanced knowledge and skills about advanced aspects of accounting sciences (including financial accountancy, taxation, management and auditing), thus equipping them for a career as chartered accountant in accounting and management areas of the private and public sectors where their participation will promote sustainable growth and development, and maximise prosperity in all sectors of the economy and society.

The purpose of this qualification is to strengthen and deepen student's knowledge of management accounting and to develop their research capacity in the said field of study. It will also prepare students for a career in management accounting, either as academics or in practice.

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