Bachelor of Commerce Honours in Financial Accounting
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Purpose and Rationale of the Qualification:
The purpose of the qualification is to equip students with advanced knowledge and skills in the field of financial accounting. This will prepare them for careers in accounting and management roles within both the private and public sectors. By providing students with an in-depth understanding of advanced aspects of financial accounting, the qualification aims to promote sustainable growth and development in the economy.
Additionally, the program aims to nurture competent leaders in the accounting and management fields. By offering a curriculum that includes fundamental and generic cross-functional technical knowledge and skills, graduates will be prepared to drive sustainable development, growth, and prosperity in various sectors of the economy and society.
Furthermore, the qualification aims to lay the foundation for students who wish to pursue further post-graduate studies in accounting sciences. By imparting initial research skills and a strong academic base, the program aims to support students in their academic and professional advancement in the accounting field.
Outcomes
- Read and interpret advanced accounting literature, implying the ability to teach toneselfs from source material.
- Demonstrate advanced understanding of the use of scientific methods in the acquisition of accounting data and knowledge.
- Solve complex problems in a critical and creative way by applying appropriate accounting methods.
- Work effectively with others as a member of a management team in the private, developmental and public sectors.
- Organise and manage oneself and one's personal activities responsibly and effectively.
- Collect, analyse, organise and critically evaluate more advanced and technically more complex accounting related information.
- Communicate effectively, using visual, mathematical and or language skills in the modes of oral and oral or written persuasion.
- Use advanced accounting based science and technology effectively and critically, showing responsibility towards the environment and the interests of others.
- Demonstrate advanced understanding of the world as a set of related systems by recognising accounting related problem solving contexts do not exist in isolation.
- Demonstrate understanding of and ability to apply an advanced range of accounting related equipment, techniques, procedures and experimental approaches.
- Apply advanced accounting related knowledge and practical skills to address theoretical and practical accounting and to learn appropriate lessons from these experiences.
- Conduct research of a limited scope in the field of Financial Accounting.
Assessment Criteria
Advanced Advances in Accounting Theory and Practice
In the field of accounting, there have been significant advances in recent years. One key development is the increasing use of technology such as artificial intelligence and machine learning in financial reporting and analysis. These tools are helping accountants to process large amounts of data more efficiently and effectively, leading to improved decision-making and financial management.
Another important advancement is the shift towards sustainability accounting, which involves measuring and reporting on the environmental and social impacts of businesses. This is becoming increasingly important as stakeholders are placing more emphasis on corporate social responsibility and sustainability.
Advanced Empirical Bodies of Knowledge
Accounting research has also advanced, with a growing body of empirical knowledge that is helping to inform accounting practice. Researchers are using sophisticated statistical techniques to analyze financial data and draw meaningful conclusions about the performance of businesses.
Extensive Practical Experiences in Financial Accounting
Practical experience in financial accounting is crucial for accountants to develop their skills and knowledge. Through hands-on work in real-world settings, accountants can apply their theoretical understanding to solve complex problems and make informed decisions.
Research Dissertation Compliance
A research dissertation is a key component of the accounting program, providing students with the opportunity to demonstrate their ability to conduct independent research and contribute new insights to the field. By complying with the requirements of the dissertation, students show that they have a solid understanding of research methods and can apply them effectively to accounting topics.
Integrated Assessment
Integrated assessment in the accounting program involves a variety of methods, including individual and group assignments, simulations, workplace assessments, written and oral presentations, tests, and examinations. This comprehensive approach ensures that students are able to demonstrate their knowledge and skills in a range of contexts, preparing them for success in their future careers.
Qualification Details
- Type
- Honours Degree
- NQF Level
- 08
- Min. Credits
- 120
- SAQA Source
- More Information
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