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 THAT HAS PASSED THE END DATE:

Master of Commerce: Auditing

SAQA QUAL ID	QUALIFICATION TITLE
3103	Master of Commerce: Auditing
ORIGINATOR
Rand Afrikaans University
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY			NQF SUB-FRAMEWORK
Was CHE until Last Date for Achievement			HEQSF - Higher Education Qualifications Sub-framework
QUALIFICATION TYPE	FIELD		SUBFIELD
Master's 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	240	Level 8 and above	NQF Level 09	Regular-Provider-ELOAC
REGISTRATION STATUS		SAQA DECISION NUMBER	REGISTRATION START DATE	REGISTRATION END DATE
Passed the End Date - Status was "Reregistered"		SAQA 2663/05	2006-07-01	2009-06-30
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2010-06-30		2013-06-30

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 is replaced by:

Qual ID	Qualification Title	Pre-2009 NQF Level	NQF Level	Min Credits	Replacement Status
73969	Master of Commerce in Auditing	Level 8 and above	NQF Level 09	180	Complete

PURPOSE AND RATIONALE OF THE QUALIFICATION

The primary purpose of this qualification is to provide qualifying learners with applied specialised competencies in the mastering, interpretation, understanding, analysis and application of auditing principles in the auditing field. A qualifying learner would show evidence of independent and original scientific work.
The learner should be able to take strategic decisions in the context of the financial sector, and to analyse and assess policy and other decisions impacting this sector. The learners should also be able to reflect on managerial decisions and applications and to analyse and assess the effect thereof in the holistic context of auditing, corporate governance and regulation.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Learners accessing this qualification should demonstrate their ability to read, analyse and reflect on study material and relevant literature on a honours level (NQF level 7). Learners should be able to communicate effectively using academic Afrikaans/English in written or oral form. Learners must be able to manage their own study programme and time effectively. Learners must have acquired applied competence in auditing principles. Learners should be able to analyse and assess policy and decisions impacting this sector. Learners must be able to reflect on managerial decisions in auditing context.

Access will be provided to the learner who is in possession of a university-based honours degree in Accounting on NQF level 7. The Dean of the Faculty of Economic and Management Sciences may refuse a learner admission to the Master's degree if of the opinion that the learner's academic background is insufficient. The proposed topic, promoters, external promoters, and co-promoters for the dissertation must also be approved by the Executive committee of the Senate and the Faculty Board.

Recognition of prior learning:
Recognition of prior learning in the case of learners not complying with the formal entry requirements will be conducted in accordance with the policy of guidelines of the University concerning the recognition of other forms of formal, informal and non-formal learning and experience. Recognition takes place only where prior learning corresponds to the required NQF-level, and in terms of applied competencies relevant to the content and outcomes of the qualification. Through recognition of prior learning learners may gain access, or advanced placement, o recognition of status, on condition that they continue their studies at this University.

RECOGNISE PREVIOUS LEARNING?

EXIT LEVEL OUTCOMES

The learner should be able to:

1. Analyse, assess and apply auditing concepts and principles in highly specialised and unpredictable contexts, identifying and analysing complex issues and problems relating to Generally Accepted Accounting Practice and Corporate Governance policies, and proposing, implementing, monitoring and assessing alternative course of action and solutions?

2. Work in a team with, and adding value to a variety of role players, including political role players, professional and administrative members of the auditing profession, as well as people on the grassroots level in the profession.

3. Act responsibly with respect to, and accept responsibility for, activities undertaken in the Course of his/her specialised evaluation and application of Generally Accepted Accounting Practice and Corporate Governance principles.

4. Plan and undertake, through independent study and teamwork, research in the auditing field, including gathering, analysing, integrating and interpreting related and complex and highly advanced information.

5. Communicate effectively, orally and in writing, with different role players in the auditing profession, applying principles of communication and reflecting on the communication skills applied.

6. Optimally utilize the appropriate technology appropriate to the professional auditing environment.

7. Analyse the importance and role of the auditing profession and the regulation thereof on a macro- and micro-level.

8. Explore and analyse different learning strategies to acquire and improve the various skills and capabilities required of a professional auditor.

9. Make a contribution to the level of professionalism and expertise in, and effectiveness and efficiency of the auditing profession; thus positively impacting on the economy and contributing to the redress of poverty and improvement of living standards in the country.

10. Demonstrate a positive approach to different communities and a sensitivity for the social, economic and cultural differences and needs, particularly with respect to the auditing discipline within these communities.

11. Seek employment and entry into the auditing profession effectively, as a highly specialised and advanced, technical or research expert and thus establish for himself/herself a specialised and advanced career in the auditing field.

12. Organise and co-ordinate effectively and responsibly, resources and opportunities, including own activities and taking into consideration the financial implications thereof.

ASSOCIATED ASSESSMENT CRITERIA

Can the learner:

1. Demonstrate an ability to identify, analyse and solve complex issues and problems, demonstrating critical and creative thinking about auditing concepts and principles, in highly specialised and unpredictable contexts? Evaluate and correctly apply complex and advanced concepts and approaches to Generally Accepted Accounting Practice and Corporate Governance policies; thus proposing and implementing, monitoring and evaluating alternative courses of action and solutions? Reflect on the application made and assess the success, or otherwise, thereof?

2. Display teamship and show his/her ability to add specialised value to a team? Demonstrate an acceptable level of social sensitivity in his/her relationships with others and work effectively in a management team by implementing the relevant theory and reflect on the implementations made? Display a thorough, specialised knowledge and understanding of the various role players involved in, or affected by, the auditing profession?

3. Display ability to act responsibly and honestly in interactions with other role players in the auditing field? Display an ability to accept responsibility for any activities required of him /her in his/her specialised evaluation and application of Generally Accepted Accounting Practice and Corporate Governance principles, particularly in highly specialised and unpredictable contexts?

4. Demonstrate the ability to plan and execute research in the field of auditing, including the correct gathering, analysing, integrating and interpreting related integrating and interpretation of information on auditing issues, by utilising relevant theoretical and highly specialised and advanced research principles and reflect on the research undertaken? Plan and undertake complex research through independent study and teamwork, both across the auditing discipline and on an interdisciplinary basis?

5. Communicate effectively and professionally, in an academic and practical -oral and/or written manner (including the usage of visual/graphic aids)-with the different role players in the auditing fields by applying the theoretical principles of communication and reflecting on the application made?

6. Demonstrate insight into and operate necessary appropriate technology, in particular specified computer hardware and software including Internet and databases? Show that he/she is in command of the management technology and is competent to support advanced research in complex and unpredictable contexts?

7. Analyse and explain the importance and role of the auditing profession, and the regulation thereof, internationally, regionally, nationally, provincially and locally? Discern between, analyse and explain the roles of auditing at these various macro-and micro levels?

8. Identify, analyse and continue to develop the different and specialised skills and competencies necessary in the execution of the activities and responsibilities of a professional auditor?

9. Analyse and explain the link between the number of auditing professionals and level of professionalism in the auditing field, and the effectiveness and efficiency of the auditing profession and therefore of the economy? Evaluate the role which a more effective and efficient auditing profession will have in the economy and the impact which this will in turn have on the living standards of the population of the country (e. g. the redress of poverty, improved mobility and improvement of living standards)?

10. Demonstrate a positive and specialised approach towards various different economic communities and sensitivity for the social, economic and cultural differences within these communities? Analyse the particular auditing disciplinary needs of different communities, taking into consideration their various social, economic and cultural differences and therefore their differing needs and requirements with respect to the auditing sector? Apply Corporate Governance Principles, to make proposals, within complex and unpredictable contexts, that will improve the circumstances of these communities?

11. Demonstrate acceptable employment seeking skills for entry into the auditing profession by applying theoretical principles of employment seeking and career-pathing and reflecting on the application thereof? Undertake academic leadership, advanced research, research-based, professional practice, and/or senior managerial occupations? Demonstrate that he/she has acquired specialised and advanced competencies in his/her chosen professional auditing career?

12. Plan, resource, organise, coordinate and optimise the resources, opportunities and processes engaged in the field of auditing by applying relevant theoretical aspects effectively and responsibly and reflect on the applications made? Demonstrate an advanced level of responsibility with respect of his/her own activities? Demonstrate a detailed knowledge of the financial implications of all activities undertaken?

Formative assessment practices that will be implemented:

The learner must attend compulsory discussions with his/her promoter according to a prescribed programme. If the learner is not making satisfactory progress and not meeting the requirements of the Department of Accounting, his/her registration shall be cancelled by the Dean of the Faculty of Economic and Management Sciences on recommendation by the Departmental Chairperson.

Summative assessment practices that will be implemented:

Integrated assessment, focusing on the achievement of the exit-level outcomes, will be done by means of the submission of a dissertation and an article ready for publication to the promoter. The dissertation must furnish proof that the learner is capable of scientific research and the application thereof. Under normal circumstances, 100 pages for a dissertation in one and a half spacing on an A4 will suffice. The department may institute other requirements for dissertations.

ARTICULATION OPTIONS

1. Access to qualifications on a lower level:

Learners who wish to gain access to certificates, diplomas or degrees on NQF level 5 to 7 may be allowed, subject to approval by the Dean and panel of participating departments. Credit will be retained for modules passed previously.

2. Access to qualifications on the same level:

The learner who wishes to exit the RAU M. Com (Auditing) on NQF level 8 in mid-stream, i.e. change to another similar degree at RAU or another higher education institution, may do so, with the permission and motivation of his/her new promoter. Alternatively, a learner who has registered for the same or another related degree at another recognised higher education institution, or a related degree at RAU can enter his qualification in mid-stream, with the permission and motivation of his/her promoter.

3. Access to qualifications on a higher level:

The learner who has successfully completed the M.Com (Auditing) qualification on NQF level 8 will have the opportunity for further study, at RAU or another higher education institution through a doctoral study in Auditing on NQF level 8.

MODERATION OPTIONS

Both internal and external examiners are appointed by the Dean of the Faculty of Economic and Management Sciences upon recommendation by the RAU Department of Accounting. The internal and external examiners must assess the dissertation of the learner, and submit a report regarding the dissertation, clearly indicating whether the dissertation is accepted unamended or after improvements have been made, whether it is referred back for revisions and re-submission for examination, or whether it is rejected.

There must be at least two internal promoters/examiners for a Master 's degree learner and there must be at least one external examiner who are regarded as specialists in the chosen field of study.

CRITERIA FOR THE REGISTRATION OF ASSESSORS

Qualified assessors for assessing the learner undertaking this qualification, in terms of the foundational, practical and reflexive outcomes, will be appointed by the Faculty of Economic and Management Sciences of this institution, upon recommendation of the Department, and based on the following criteria:

Assessors for the learner undertaking this qualification should be qualified in the area of auditing and should be in possession of a relevant M.Com degree on NQF level 8.

Assessors for the learner undertaking this qualification should have job and/or learning experience in the areas of auditing.

Assessors for the learner undertaking this qualification should have experience in the field of education and training, particularly with respect to the subject of auditing. Assessors should also be well informed of what is required of them in connection to the assessment of the learner.

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006.

LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION:

When qualifications are replaced, some of their learning programmes are moved to being recorded against the replacement qualifications. If a learning programme appears to be missing from here, please check the replacement.

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