Bachelor of Commerce in Accounting
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
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.
Outcomes
- 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.
- 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.
- Optimum use and evaluation of information technology and system.
- Communication skills necessary for effective and efficient business communication.
- 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.
- Evaluation of the environmental, operational, and financial circumstances of an enterprise and identify potential threats and opportunities.
- Evaluation of alternative forms of financing in both capital and routine short-term projects.
- Applying reasonable judgement in balancing the demands of socially responsible business ethics with those of profitability and shareholders wealth maximisation.
- Research of information relevant, reliable, and the expected benefits of which exceed its costs for the solution of a given enterprise problem.
- Deal effectively with uncertainties and ambiguities.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Competency in solving practical and theoretical enterprise problems with good business judgement.
Associated Assessment Criteria for Exit Level Outcome 2:
- Competency in recording, classifying, summarising, and reporting business transactions according to Generally Accepted Accounting Practices.
- Competency in analyzing and interpreting financial statements and business reports.
Associated Assessment Criteria for Exit Level Outcome 3:
- Effective use and evaluation of information technology and systems.
Associated Assessment Criteria for Exit Level Outcome 4:
- Ability to communicate effectively within and between economic entities.
Associated Assessment Criteria for Exit Level Outcome 5:
- Competency in analyzing and interpreting financial statements and business reports.
- Ability to assist in decision making, planning, directing operations, and controlling within an enterprise.
Associated Assessment Criteria for Exit Level Outcome 6:
- Competency in evaluating environmental, operational, and financial circumstances of an enterprise.
- Identifying potential threats and opportunities.
Associated Assessment Criteria for Exit Level Outcome 7:
- Proficiency in evaluating alternative forms of financing for short-term and capital projects.
Associated Assessment Criteria for Exit Level Outcome 8:
- Good judgement in making trade-offs among conflicting objectives.
- Ability to deal with uncertainties and ambiguities.
Associated Assessment Criteria for Exit Level Outcome 9:
- Ability to determine relevant information for a problem, and where/how to find or generate it.
- Evaluating if the benefits of information outweigh its costs.
Associated Assessment Criteria for Exit Level Outcome 10:
- Ability to deal with uncertainties and ambiguities.
Integrated Assessment:
- Formative assessment methods like assignments, case studies, group discussions, and tests will be used.
- Diagnostic assessment to pinpoint mistakes and provide feedback.
- Summative assessment through examinations.
- Continuous evaluative assessment for improvement and curriculum development.
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.