Bachelor of Commerce in Accountancy
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Qualification:
Purpose:
The purpose of this qualification is to develop learners' intellectual and practical skills to enable them to identify, analyse, interpret, assess, evaluate, apply, and solve problems, which would be expected to be done by an entry-level Accountant in international practice. This qualification provides learners with a comprehensive and fundamental knowledge base of the underlying core international principles of accounting, governance, risk management and control, auditing, financial management, as well as management accounting. Qualifying learners should be ready to enter the job market as an entry-level Accountant. This qualification will develop learners to become self-directed, lifelong learners. It emphasizes competence, integrity, and the application of ethics in a professional business environment. It will prepare learners for further studies in international accounting, governance, risk management and control, auditing, financial management, as well as management accounting as a science.
Rationale:
The motivation for this qualification stems from the drive of the institution to increase the extent of access to higher education for local and international learners against the backdrop of resource constraints. The targeted learner is an individual who wants to pursue a career in the broad fields of finance and accounting but, due to financial and geographical barriers, are unable to access contact education or who would prefer the flexibility available through distance provision. Online distance learning erases the barriers of time, geography, and economics. Consultation with professional bodies such as the Chartered Institute of Management Accountants (CIMA) and Association of Chartered Certified Accountants (ACCA) has indicated the dire need for an increase in the number of members in this profession in response to the global skills shortage experienced in this field. The subsuming of the outcomes of the CIMA and ACCA qualifications within this qualification will produce learners who will be beneficially elevated in the process of becoming members of these professional bodies. The rationale for the name, "Bachelor of Commerce in International Accounting" stems from the skills and knowledge associated with graduates from the completion of this qualification as well as the association with the members of the qualifications' related professional bodies. This qualification will meet the needs of many learners in preparing them to pursue a career as professionals in the broad field of finance and accounting.
Outcomes
- Identify, analyse, interpret, assess, evaluate and solve advanced accounting, governance, risk management and control, auditing, financial management as well as management accounting related problems through a high level of critical thinking and application of subject related knowledge to practical scenarios.
- Reflect on the application of knowledge and the resulting decisions made to solve problems through the assessment and interpretation of the effect of such decisions in a holistic business context.
- Demonstrate the competence to work effectively as an individual, in teams and in multidisciplinary environments.
- Demonstrate competence to engage in independent learning through well-developed learning skills.
- Demonstrate critical awareness of the need to act professionally and ethically and to exercise judgment and take responsibility within own limits of competence.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Perform ratio analysis on an entity's financial statements.
- Draft annual financial statements.
- Perform audit procedures.
- Review the strategy of the entity.
Associated Assessment Criteria for Exit Level Outcome 2:
- Critically review the financial decisions of an entity.
- Draft a financial plan.
- Critically evaluate business decisions of the entity.
Associated Assessment Criteria for Exit Level Outcome 3:
- Demonstrate communication, pervasive, management and leadership skills through group projects in group tutorials.
Associated Assessment Criteria for Exit Level Outcome 4:
- Take responsibility for their own learning through self-study, time management, and through scheduling modules together.
Associated Assessment Criteria for Exit Level Outcome 5:
- Demonstrate ethical principles by ensuring they do their own work.
- Avoid plagiarism in assignments.
Integrated Assessment:
- Outcomes within a module will be assessed in an integrated manner.
- Case Study 31 and Case Study 32 modules will be used to assess inter-modular outcomes in an integrated manner.
- Assessment tasks in all modules, except for Case Study 31 and Case Study 32, will be continuous assessment.
- At least two appropriate summative assessment tasks are given in each module, constituting a portfolio amounting to 80% of the final period mark.
- The remaining 20% is achieved through formative milestone quizzes or the achievement of "badges" in term modules.
- Summative assessment opportunities will be substantial and ensure integrated outcome assessment.
- Summative assessments will be moderated according to the Institution's policy and represent 50% of the final mark.
Case Study Modules:
- Case Study 31 and Case Study 32 will assess inter-modular outcomes.
- At least two case study-based summative assessment opportunities will constitute 100% of the final period mark.
- The final summative assessment will be moderated according to the Institution's policy and represent 50% of the final mark.
Qualification Details
- Type
- National First Degree
- NQF Level
- 07
- Min. Credits
- 360
- SAQA Source
- More Information
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This page includes information from the South African Qualifications Authority (SAQA) . Builtneat Pty Ltd trading as Study Start, has modified all or some of this information. SAQA has not approved, endorsed, or tested these modifications.