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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Bachelor of Commerce in Financial Accounting 
SAQA QUAL ID QUALIFICATION TITLE
109739  Bachelor of Commerce in Financial Accounting 
ORIGINATOR
Stellenbosch University 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
-   HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
National First Degree  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  360  Not Applicable  NQF Level 07  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Reregistered  EXCO 0821/24  2021-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2033-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This qualification does not replace any other qualification and is not replaced by any other qualification. 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
To provide students with core knowledge and skills about various basic and more specialised aspects of the accounting sciences (including financial accountancy, taxation, management accounting) thus equipping them for a career in accounting and management areas of the private and public sectors where their participation will promote sustainable growth and development and maximise prosperity in all sectors of the economy and society.
To develop competent leaders in the various fields of accounting, and management, possessing applied fundamental and generic cross-functional knowledge and skills, enabling them to steer sustainable development, growth and prosperity in the most appropriate direction.
To provide students who would like to proceed to postgraduate studies in the accounting sciences with a sound academic from which to do so. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning(RPL):
Access may be gained to the qualification through the Recognition of Prior Learning (RPL).

Entry Requirements:
  • Senior Certificate, Level 4 with matriculation exemption.
  • National Senior Certificate, Level 4 granting access to Bachelor's Degree studies or equivalent qualifications. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    EXIT LEVEL OUTCOMES 
    1. Demonstrated ability to read and interpret accounting literature, implying the ability to teach themselves from source material.
    2. Manifested understanding of the use of scientific methods in the acquisition of accounting data and knowledge.
    3. Demonstrated ability to identify and solve diverse problems in a critical and creative way by applying appropriate accounting methods.
    4. Demonstrated ability to work effectively with others as a member of a team in the private, developmental and public sectors.
    5. Demonstrated ability to organise and manage oneself and one's personal activities responsibly and effectively.
    6. Demonstrated ability to collect, analyse, organise and critically evaluate relevant information.
    7. Demonstrated ability to communicate effectively, using visual, mathematical and or language skills in the modes of oral and or written persuasion.
    8. Demonstrated ability to use accounting based science and technology effectively and critically, showing responsibility towards the environment and the interests of others.
    9. Demonstrate understanding of the world as a set of related systems by recognising. Accounting related problem solving contexts do not exist in isolation.
    10. Demonstrated understanding of the ability to apply a range of accounting related equipment, techniques, procedures and experimental approaches.
    11. Demonstrated ability to apply this accounting related knowledge and practical skills to address theoretical and practical accounting and to learn appropriate lessons from these experiences.
    12. A demonstrated understanding of:
  • The theoretical underpinnings.
  • The empirical bodies of knowledge.
  • Practical experienced and skills related to the core aspects of the relevant subject matter in one or more of the chosen fields specified.
    13. In the case of the Bachelor of Commerce(BComm) in Taxation, the skills and technical background in taxation to enter into a career specialist in the private and public sector.
    14. In the case of BComm in Management Accounting the skills and technical background in management accounting to enter into a career with an institution with the purpose of gaining required practical experience in order to qualify as a Chartered Management Accountant.
    15. In the case of BComm in Financial Accounting the skills and technical background in accounting subjects to enter into articles with an accredited accountant in public practice with a view of qualifying as a Certified Accountant.
    16. In the case of the BComm in Commercial Accounting, the skills and technical background to enter into articles with an accredited accountant in public practice with a view of qualifying as a Commercial and Financial Accountant. 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    1. The assessment used for this qualification ensures that the purpose of the qualification is achieved.
    2. A range of formative and summative assessment methods such as simulations, computer assignments, workplace assessments, written and oral presentations and examinations are used.
    3. The required range of modalities is used integratively to assess whether the specified outcomes have been achieved.
    4. From the assessment of samples, generalising to a domain takes place in judicious and planned way in order to ensure reliability.
    5. The assessment used meets the standard and level of achievement for National Qualifications Framework(NQF) Levels 5 and 6.

    Integrated Assessment:
  • Integrated assessment takes place in terms of a variety of procedures such as cross-disciplinary assignment simulations, workplace assessments, written examinations and oral presentation and examinations. 
    		•

    ARTICULATION OPTIONS 
    This qualification serves as an entry point to the related qualification(s).
    " Bachelor of Commerce(BComm) in Taxation: BAcc.
    " BComm in Management Accounting: HonsBComm in Management Accounting.
    " BComm in Financial Accounting: Bachelor of Accountancy (BAcc).
    " BComm in Commercial Accounting: BComm.

    This qualification provides credits for the related qualification(s):
    " Bachelor of Commerce(BComm) in Taxation: Bachelor of Economics(BEcon), Bachelor of Business Science (BBus Sc), BComm.
    " BComm in Management Accounting: BEcon, BBus Sc, BComm.
    " BComm in Financial Accounting: BEcon, BBus Sc, BComm.
    " BComm in Commercial Accounting: BEcon, BBus Sc.

    Other articulation possibilities, either generic or specific:
  • Vertical articulation into a HonsBComm in the different sub-disciplines of the accounting sciences is common at the university of Stellenbosch, and students can also proceed to such honours programmes at most universities in South Africa. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    NOTES 
    N/A 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.