SAQA 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.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Bachelor of Commerce Honours in Management Accounting 
SAQA QUAL ID QUALIFICATION TITLE
111824  Bachelor of Commerce Honours in Management Accounting 
ORIGINATOR
University of the Free State 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
-   HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Honours 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  120  Not Applicable  NQF Level 08  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   2031-06-30  

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 
Purpose:
The purpose of this qualification is to develop learners in Management Accountancy and represents serves as admission towards a Master's qualification on NQF Level 9. It may also serves as a final qualification with various career opportunities in the financial sphere. The institution is the only institution in the Free State and Northern Cape that is accredited by the Chartered Institute of Management Accountants (CIMA) to educate young professional Management Accountants.

The focus of the qualification is furthermore to develop Management Accountants that are responsive to business and the community. Learners will be equipped with general expertise in Financial Management, Performance Management and Enterprise Management.

The qualification is also globally accredited by the Chartered Institute of Management Accountants (CIMA).

Rationale:
The qualification has two rationales:
  • South Africa experiences a shortage of general accountants. The qualification develops managerial Accountants that can be employed in the private and public sectors.
  • There are currently only a few people with a master' qualification or Doctor of Philosophy (PhD) in Accounting in South Africa. The qualification serves as a base for learners who want to further their studies towards a research-based Master's qualification and PhD. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Recognition of Prior Learning (RPL):
    Where learners do not meet the minimum admission requirements, RPL may be used to grant access to the qualification. RPL will be applied according to the Recognition of Prior Learning, Credit Accumulation and Transfer, and Assessment policy. This will relate to both access to the qualification as well as for credit recognition or exemption towards achieving the qualification.
    The institution will ensure that quality assurance processes that address the specificities of the RPL process (including applications, assessment, and reporting and management systems) are implemented; and that administrative and support systems, both prior and subsequent to RPL assessment, are in place.

    Entry Requirements:
    The minimum entry requirement for this qualification is:
  • A relevant qualification at NQF Exit Level 7. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification consists of the following compulsory and elective modules at National Qualifications Framework Level 8 totalling 128 Credits.

    Compulsory Modules, 128 Credits:
  • Enterprise Management, 32 Credits.
  • Performance Management, 32 Credits.
  • Financial Management, 32 Credits.
  • Dissertation in Taxation Honours, 32 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    The learner that qualifies must be able to:
    1. Apply fundamental knowledge, theories, principles and practices of financial management and reporting standards.
    2. Interpret of financial statement information.
    3. Cost and price products.
    4. Plan, budget and control activities.
    5. Measure performance of cost, revenue, profit and investment centres.
    6. Apply strategic management.
    7. Apply project management principles.
    8. Manage relationships and communicate effectively within an accounting and/or business environment.
    9. Perform a literature review on a selected research question within the field of Management Accounting. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Integrated Assessment:
    The assessment strategy provides for both formative and summative assessment opportunities, ranging between 40 and 60% for both these components depending on the nature and requirements of the module. This combination of assessment opportunities affords learners the opportunity to monitor their progress on a regular basis and address problems as they occur. Currently, a limited number of modules however utilise continuous assessment, based on the nature of these module which can be better assessed utilising assessment strategies such as portfolio's, reports and/or assignments, amongst others. Assessment methods include self-tests, online quizzes, tests, assignments, group assignments, exams. 

    INTERNATIONAL COMPARABILITY 
    Even though Accounting is a global recognised field of study, the principles thereof is embedded in the financial structure, governmental policies and guidelines of a specific country or group/association of countries. Training of Accountants in South Africa (SA) is therefore guided and regulated by South African Institute of Chartered Accountants (SAICA) which ensure international comparability and development of the profession. 

    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.