Bachelor of Accountancy

Business, Commerce and Management Studies - Finance Economics and Accounting

Purpose and Rationale

Qualification Overview

Purpose

This qualification aims to equip graduates with strong mastery of financial accounting, management accounting and finance, auditing and taxation in a manner that prepares them to be responsible social citizens to contribute toward managerial, accounting and finance positions in the Republic. Furthermore, this qualification prepares the learners for national and international professional qualification in accounting and to postgraduate research programs.

Rationale

The rationale for this qualification is to produce graduates with competence in theoretical and practical knowledge of accountancy - with critical and analytical thinking to prepare and interpret financial records relevant to the competency framework of the South African Institute of Chartered Accountants (SAICA) and the need of the national and international labor market.

Outcomes

Assessment Criteria

Associated Assessment Criteria:

Preparation of Financial Statements: Learners should be able to demonstrate competence in preparing relevant financial statements using available source data or by analyzing and interpreting prepared financial statements.
Business Judgment: Learners should be able to apply good business judgment through theoretical and practical skills to solve complex business problems.
Capital Investment Analysis: Learners should be able to determine the effect of tax, risks, and inflation in capital investment options using two common capital investment analyses.
Financial Information System: Learners should be able to identify inadequacies in a corporate financial information system and suggest improvements.
Audit Planning: Learners should be able to describe a sample audit planning and associated program for a firm's operation.
Legal and Professional Responsibility of an Auditor: Learners should be able to explain the suitable legal and professional responsibility of an auditor.
Cost Management: Learners should be able to determine an effective cost management system for a given firm, calculate and prepare such information for strategic cost decisions of management.
Tax Position Analysis: Learners should be able to analyze and advise a tax entity regarding its tax position.
Interrelatedness of Accounting, Economics, and Law: Learners should have mastered the interrelatedness existing between accounting, economics, law, and their impact on economic stability and development.

Integrated Assessment:

The integrated assessment for a Bachelor of Accounting Science aims to test learners on materials covered from the beginning of each semester to the end.
The assessment examines candidates' application of previous knowledge in lower-level courses to new courses as they progress to upper levels.
Candidates are expected to demonstrate mastery of the chain link and continuity in accounting education and profession.
The assessment evaluates practical and qualitative capabilities, such as critical reading and thinking, assessing, and finding solutions to complex financial problems at the candidate's level of study.

Qualification Details

Type: National First Degree
NQF Level: 07
Min. Credits: 480
SAQA Source: More Information

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University of Limpopo

The University of Limpopo is a comprehensive university located in the Limpopo province of South Africa. It was established in 2005 through the merger of the University of the North and the Medical University of South Africa. The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including health sciences, natural and agricultural sciences, humanities, management sciences, and education. It is known for its commitment to providing quality education, conducting research that addresses societal challenges, and promoting community engagement. The University of Limpopo strives to produce graduates who are equipped with the knowledge and skills necessary to contribute to the development of the region and the country as a whole.

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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.