Bachelor of Commerce in Accounting

Purpose

The main purpose of the qualification is to

• Provide the qualifiers a well-rounded knowledge, specific skills and applied competencies in the environment and operations of economic entities that provide opportunities for continued personal intellectual growth, successful economic activity and rewarding contribution to society.
• Significantly contribute towards the increase and enhancement of South Africa's available managerial and business know-how.

Recognition of Prior Learning (RPL)

The institution conducts RPL in terms of the policy and guidelines of the institution to recognise other forms of formal, informal and non-formal learning and experience. In cases where learners do not comply with the formal admission requirements, the institution applies its RPL policy.

Entry requirements

The minimum entry requirement for this qualification is

• Senior Certificate, NQF Level 4 with endorsement.

Or

• National Senior Certificate, NQF Level 4 granting access to Bachelor's studies.

Learners will be competent in a variety of fields that include by not limited to the following

1. Fill an entry level financial, operations, or general management position of an enterprise and deal with the complexities and challenges of running an enterprise in a dynamic and diverse market economy with a large subsistence component.
2. The analysis recording, classifying, summarising, and reporting of business transactions and events in a format understandable and useful to all stakeholders of a given enterprise to make informed economic decisions.
3. Optimum use and evaluation of information technology and system.
4. Communication skills necessary for effective and efficient business communication.
5. Assisting the execution of the functions of decision making, planning, directing operations, and controlling throughout the enterprise as well as in specific segments of it.
6. Evaluation of the environmental, operational, and financial circumstances of an enterprise and identify potential threats and opportunities.
7. Evaluation of alternative forms of financing in both capital and routine short-term projects.
8. Applying reasonable judgement in balancing the demands of socially responsible business ethics with those of profitability and shareholders wealth maximisation.
9. Research of information relevant, reliable, and the expected benefits of which exceed its costs for the solution of a given enterprise problem.
10. Deal effectively with uncertainties and ambiguities.

Associated Assessment Criteria for Exit Level Outcome 1

• Competency in solving a variety of practical as well as theoretical enterprise problems in a variety of decision situations by applying acquired theoretical knowledge and good business judgement.

Associated Assessment Criteria for Exit Level Outcome 2

• Competency in analysis, recording, classifying, summarising, and reporting business transactions and events in accordance to Generally Accepted Accounting Practices and good judgement in terms of fair reporting.
• Competency in analysis and interpretation of financial statement and other business reports.

Associated Assessment Criteria for Exit Level Outcome 3

• Effective use and evaluation of information technology (hardware, software) and systems.

Associated Assessment Criteria for Exit Level Outcome 4

• An ability to communicate effectively within an economic entity and between different economic entities.

Associated Assessment Criteria for Exit Level Outcome 5

• Competency in analysis and interpretation of financial statements and other business reports.
• The ability to significantly assist the execution of the functions of decision making, planning, directing operations, and controlling throughout the enterprise.

Associated Assessment Criteria for Exit Level Outcome 6

• Competency in evaluating the environmental, operational, and financial circumstances of an enterprise and identify potential threats and opportunities.

Associated Assessment Criteria for Exit Level Outcome 7

• Proficiency in the methods of evaluating alternative forms financing in both short-term and capital projects.

Associated Assessment Criteria for Exit Level Outcome 8

• Good judgement in making trade off among equally important objectives that may conflict form time to time.
• The ability of dealing with uncertainties and ambiguities.

Associated Assessment Criteria for Exit Level Outcome 9

• The ability to determine what information is relevant for a given problem, where and /or how to find/generate such information, and whether its benefits outweigh its costs.

Associated Assessment Criteria for Exit Level Outcome 10

• Show the ability of dealing with uncertainties and ambiguities.

Integrated Assessment

• The acquired competence and skills will be evaluated at the hand of formative assessment methods like assignments, case studies, group discussions, and tests.
• Diagnostic assessment will be applied to pin-point general misinterpretations and mistakes through the application of feed-back on tests, suggested solutions to applied problems and case studies, as well as personal guidance.
• Summative assessment, such as examinations, will be done reflecting on the overall achievement of learners and personal consultations.
• Evaluative assessment of learner achievements will be conducted on a continuous basis as part of promoting improvement and for the purpose of curriculum development.