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 Accounting 
SAQA QUAL ID QUALIFICATION TITLE
112101  Bachelor of 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
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 replaces: 
Qual ID Qualification Title Pre-2009 NQF Level NQF Level Min Credits Replacement Status
16946  Bachelor of Accounting  Level 6  NQF Level 07  688  Complete 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
Purpose:
This qualification is the first qualification in the learning and career pathway for persons wishing to become Chartered Accountants (South Africa) (CASA). The qualification leads to an Honours Degree in Accounting which enables the learner to apply to do his practical workplace learning (articles) and on completion write the Board Examination which leads to the awarding by the South African Institute of Chartered Accountants (SAICA) awarding the designation (CASA).

Rationale:
South Africa experiences a shortage of Accountants the focus of the qualification is to develop highly skilled Accountants that are responsive to business and community needs. Learners will be equipped with a thorough grounding in the knowledge, theory, principles and skills of Accounting, Taxation, Managerial Finance and Auditing as well as the ability to apply this in the professional accountancy and business context. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning (RPL):
Where applicants 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.

Entry Requirements:
The minimum entry requirement for this qualification is:
  • National Senior Certificate, Level 4 granting access to Bachelor Degree study.
    Or
  • Senior Certificate, Level 4 with matriculation exemption. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification consists of the following compulsory and elective modules at National Qualifications Framework Level 7 totalling 456 Credits.

    Compulsory Modules, Level 5, 176 Credits:
  • Mercantile Law Service Mod, 16 Credits.
  • Auditing, 16 Credits.
  • Financial Accounting, 16 Credits.
  • Introduction to Individual differences, 16 Credits.
  • Economic Systems and basic Microeconomics, 16 Credits.
  • Fundamental business activities, 16 Credits.
  • Business Calculations I, 16 Credits.
  • Business Calculations II, 16 Credits.
  • General Management, 16 Credits.
  • Financial Accounting, 16 Credits.
  • Introduction to Macroeconomics, 16 Credits.

    Compulsory Modules Level 6, 180 Credits:
  • Managerial Finance, 16 Credits.
  • Strategic Management, 20 Credits.
  • Taxation, 32 Credits.
  • Mercantile Law, 16 Credits.
  • Financial Accounting, 32 Credits.
  • Managerial Accounting, 16 Credits.
  • Auditing, 16 Credits.
  • Computer applications and controls, 16 Credits.
  • Business ethics, 16 Credits.

    Compulsory Modules Level 7, 128 Credits:
  • Financial Accounting, 32 Credits.
  • Auditing, 32 Credits.
  • Managerial accounting and finance, 32 Credits.
  • Taxation, 32 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Prepare financial reports based on International Financial Reporting Standards.
    2. Consolidate financial statements for group companies.
    3. Evaluate financial data.
    4. Apply costing methods in various scenarios.
    5. Interpret management decision-making information.
    6. Conduct a review of internal controls in different business cycles.
    7. Perform the necessary audit procedures for assurance testing.
    8. Interpret the Companies Act, Close Corporations Act and the Audit Profession Act and King III (Corporate Governance).
    9.Demonstrate knowledge of personal and Corporate Income Tax, Value Added Tax, Capital Gains Tax end Estate and other Duties.
    10. Communicate effectively in a business and accountancy environment.
    11. Act ethically in a business and accountancy environment. 

    ASSOCIATED ASSESSMENT CRITERIA 
    The following Associated Assessment Criteria are applied in an integrated manner to the exit Level Outcomes:
  • Demonstrate basic foundational skills and knowledge in accounting and related fields.
  • Demonstrate detailed skills and knowledge, as well as the application of knowledge in accounting and related fields.
  • Demonstrate the right attitudes to clients and ethical and professional behaviour in the business world.
  • Integrate and apply knowledge and practical competencies in business contexts.

    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 utilize continuous assessment, based on the nature of this module, which can be better-assessed utilizing assessment strategies such as portfolio, reports and/or assignments, amongst others.
    Applied competence, where the learners ability to integrate concepts, ideas and actions in authentic, real-life business and accountancy contexts will be measured at exit. 
    		•

    ARTICULATION OPTIONS 
    This qualification allows possibilities for both vertical and horizontal articulation.

    Horizontal Articulation:
  • Bachelor of Commerce in Accounting Science, Level 7.
  • Bachelor of Commerce, Level 7.

    Vertical Articulation:
  • Bachelor of Commerce Honours in Accounting, Level 8.
  • Postgraduate Diploma in Accounting, Level 8.
  • Postgraduate diploma in Accounting Science, Level 8. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    NOTES 
    N/A 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
    When qualifications are replaced, some (but not all) of their learning programmes are moved to the replacement qualifications. If a learning programme appears to be missing from here, please check the replaced 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.