University of the Witwatersrand

Bachelor of Accounting Science Honours

Business, Commerce and Management Studies - Finance Economics and Accounting

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Purpose and Rationale

The Honours qualification in accounting is designed to equip learners with the necessary knowledge and skills to pursue a successful career in accounting. By focusing on the specific needs of accounting professionals, the qualification prepares learners for the accounting profession's qualifying examination, enabling them to become certified accountants.

Furthermore, this qualification serves as a stepping stone for those who wish to advance their academic studies at the Masters Level. It provides a solid foundation in accounting principles and practices, setting the stage for more specialized and in-depth learning at a higher academic level.

Overall, the Honours qualification in accounting aims to support learners in their professional development, offering a pathway towards both professional accreditation and further academic achievement.

Outcomes

  1. The qualifying learner has an in-depth knowledge of a major discipline in more than one area.
  2. The qualifying learner is able to convert business records using formal and accepted accounting practices into management information.
  3. The qualifying learner is able to operate in both turbulent and stable economic environments and to respond effectively to uncertainties.
  4. The qualifying learner has the ability to access, process and communicate information appropriately and effectively.
  5. The qualifying learner is able to work effectively as an individual, in multicultural teams and in multidisciplinary environments.
  6. The qualifying learner is competent to engage in life-long learning through the exercise of fundamental learning skills and understands the requirement to maintain continued competence and to keep abreast the changing business, financial and policy environment which brings ever new methods, techniques, and competitive challenges.
  7. The qualifying learner is ethical and aware of the code of conduct adopted by the institution and of the necessity to carry this code into the world of work.
  8. The qualifying learner, with a specialisation in Financial Accounting and other related subjects (such as Tax, Auditing and Management Accounting and Finance) is equipped to meet the requirements for entry to the professional qualifying examination of the SA Institute of Chartered Accountants. The qualifying learner is also equipped to proceed to further academic study at the Masters level.

Assessment Criteria

Qualifying Learner Specialist Knowledge

  1. The qualifying learner is able to produce auditable statements to South African standards.

  2. Understand the nature and functioning of diverse forms of enterprise and economic systems and is able to perform tasks necessary to the effective functioning of enterprises in varying circumstances.

  3. Formulate and propose potential solutions to various economic, organisational, business, and social problems.

  4. Use multi-disciplinary approaches to conceptual thinking and problem solving.

  5. Access information using a spectrum of technologies, ranging from hand-written to auto-generated business records and electronic databases.

  6. Process and communicate information using technologies ranging from written reports to visual presentations.

  7. Access, use, and organize information knowledge in an ever-changing context.

  8. Understands and uses skills to manage him/herself and exercises self-discipline.

  9. Can plan and initiate the successful completion of management supporting, management, and administrative tasks individually or in collaboration.

  10. Formulate and solve.

  11. Propose potential solutions to convergent and divergent economic, organisational, business, and social problems.

  12. The qualifying learner has shown in her/his behavior/value system and in the conduct of her/his studies, that the importance of ethical and professional behavior is understood and applied.

  13. By qualifying with the proposed new BAccSci with Honours with accounting specializations, the learner is eligible to sit a further specialist examination and apply for registration with the South African Institute of Chartered Accountants to become a Chartered Accountant.

Integrated Assessment

  • The qualifying learner has demonstrated that he or she has achieved the exit level outcomes by passing all four final (Level 7) examinations in the same academic year.
  • Assessment practices include criteria pertaining to all the outcomes to ensure an appropriate qualification of integration of the outcomes and of the various disciplines involved.
  • The research project is also a form of integrated assessment.

Qualification Details

Type
Honours Degree
NQF Level
08
Min. Credits
120
SAQA Source
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University of the Witwatersrand
University of the Witwatersrand
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Description
The University of the Witwatersrand, commonly known as Wits University or simply Wits, is a renowned public research university located in Johannesburg, South Africa. Established in 1896, it is one of the oldest and most prestigious universities in the country. Wits University offers a wide range of undergraduate and postgraduate programs across various disciplines, including humanities, sciences, engineering, commerce, health sciences, and law. The university is known for its academic excellence, research contributions, and commitment to social justice. It has a diverse student body and a vibrant campus life, with numerous student organizations and cultural activities. Wits University is recognized internationally for its high-quality education and is consistently ranked among the top universities in Africa.
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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.