Business, Commerce and Management Studies - Finance Economics and Accounting
The primary purpose of this qualification is to provide non-accounting learners with an efficient pathway to becoming Chartered Accountants. It aims to deepen and strengthen their knowledge in the accounting field, enabling them to excel professionally and improve their competency. This Advanced Diploma also aligns with the general purpose of an Advanced Diploma according to the HEQSF, which is to enhance knowledge in a specific discipline or profession, or provide flexibility in career changes.
Upon completion of the qualification, learners will be able to:
The qualification addresses the lack of an accelerated pathway for non-accounting learners in South Africa to meet the university requirements for pursuing the Chartered Accountant qualification. By offering this opportunity, the qualification opens doors for learners from diverse educational backgrounds to access employment opportunities in integrated reporting and combined assurance. It aims to bridge the gap and equip learners with the necessary advanced knowledge to succeed in the accounting profession.
Financial statements interpretation: Financial statements for various types of organizational forms are interpreted. Information essential for effective cost management is calculated, recorded, and reported on.
Regulatory framework understanding: The regulatory framework in which a professional accountant or auditor operates is identified and applied. Laws guiding professional applications are observed and adhered to.
Audit approach formulation: An audit approach is developed in a practical scenario. Simple financial models are constructed, evaluated, and assumptions are tested.
Report preparation: Appropriate reports for regulatory bodies and different management levels are prepared. Financial information is presented in a logical format following generally accepted accounting principles and relevant standards.
Promotion of constructive change: Adapting to new contexts and promoting constructive change.
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