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 Accountancy

SAQA QUAL ID	QUALIFICATION TITLE
7423	Master of Accountancy
ORIGINATOR
Stellenbosch University
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY			NQF SUB-FRAMEWORK
CHE - Council on Higher Education			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 0695/12	2012-07-01	2014-12-31
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2015-12-31		2018-12-31

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
96487	Master of Accounting	Not Applicable	NQF Level 09	180	Complete

PURPOSE AND RATIONALE OF THE QUALIFICATION

First purpose: To provide students with specialised knowledge and skills about specialized aspects of accounting sciences (including financial accounting, management accounting, auditing and taxation), thus equipping them for a career as a chartered accountant in accounting 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.

Second purpose: To develop competent leaders in the various fields of accounting and management possessing specialised and generic cross functional knowledge and skills, enabling them to steer sustainable development, growth and prosperity in the most appropriate direction.

Third purpose: To provide students who would like to enrol for doctoral studies in accounting sciences with advanced research skills and a sound specialised academic base from which to do so.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Senior Certificate with Matricualation Exemption or equivalent university admission qualification.

First degree: BAcc
Honours degree: BAcc Hons or Postgraduate Diploma in Accountancy

Additional requirements:

If the candidate has only a BAcc degree, the senate may admit the candidate on the condition that the minimum study period will be extended by two years to three years and that candidate completes the program prescribed for the HonsBAcc in Accounting subjects degree and passes in the prescribed examination for that degree.

RECOGNISE PREVIOUS LEARNING?

EXIT LEVEL OUTCOMES

1. Demonstrated the ability to read and interpret specialised accounting literature, implying the ability to teach themselves from source material.

2. Manifested specialised understanding of the use of scientific methods in the acquisition of specialised accounting data and knowledge

3. Demonstrated ability to identify and solve complex problems in a critical and creative way by applying appropriate specialised accounting methods.

4. Demonstrated ability to work effectively with others as a member of a senior management 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 technical and complex information

7. Demonstrated ability to communicate effectively, using specialised visual, mathematical, and or language skills in the modes of oral and or written persuasion

8. Demonstrated ability to use specialised accounting based science and technology effectively and critically, showing responsibility towards the environment and the interests of others

9. Demonstrated understanding of the world as a set of related systems by recognising specialised accounting related problem solving contexts do not exist in isolation.

10. Demonstrated understanding of and ability to apply a range of specialised accounting related equipment, techniques, procedures and experimental approaches.

11. Demonstrated ability to apply this specialised accounting related knowledge and practical skills to address specialised theoretical and practical management accounting and to learn appropriate lessons from these experiences.

12. A specialised understanding of:

The latest advances in the theory and practice of accounting sciences

The specialised empirical bodies of knowledge

Extensive practical experiences and skills related to the specialised aspects of the relevant subject matte in one or more of the chosen fields

13. In the case of the MAcc in Taxation:

Specialised skills and technical background in the field of taxation to enter into a career as tax consultant in the private or public sector

A demonstrated ability to conduct advanced research in the field of taxation.

14. In the case of the MAcc in Auditing, Management Accounting and the Macc (General):

a demonstrated ability to successfully complete the Part II examination in Auditing or Management Accounting as set by the South African Institute of Chartered Accountants

the specialised skills and technical background to complete articles with a accredited chartered accountant in public practice or an accredited institution in Trade and Industry with a view of qualifying as a Chartered Accountant inside or outside public practice

a demonstrated ability to conduct advanced research in the field of Auditing, Management Accountancy or Financial Accountancy and other related subjects

15. In the case of the MAcc in Financial Accountancy:

the specialised skills and technical background to conduct a career as chartered accountant in the public and private sectors

a demonstrated ability to conduct independent advanced research in the field of Financial Accountancy and related subjects.

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 a judicious and planned way in order to ensure reliability.

5. The assessment used meets the standard and level of achievement for NQF level 8.

INTEGRATED ASSESSMENT

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

ARTICULATION OPTIONS

This qualification provides credits for the related qualification(s)

MAccoutancy in Auditing (Structured option:
BAcc Hons in Auditing
Postgraduate Diploma in Auditing

MAccountancy in Management Accounting (Structured option):
BAcc Hons in Management Accounting
Postgraduate Diploma in Management Accounting

MAccountancy (General - Structured option):
BAcc Hons in Auditing
Postgraduate Diploma in Auditing
BAcc Hons in Management Accounting
Postgraduate Diploma in Management Accounting

Other articulation possibilities, generic or specific:

Vertical articulation into a PHD or a DComm in the different sub-disciplines of accounting sciences is common at the university of Stellenbosch, and students can also proceed to such doctoral programmes at most universities in South Africa.

MODERATION OPTIONS

The university of Stellenbosch has a system of external peer review and evaluation of departments. One of the components of the system is an evaluation of the standards and assessment practices of the department.

Additional information:

Various professional bodies prescribed specific requirements for admission to and registration with that professional body. These requirements are adhered to.

CRITERIA FOR THE REGISTRATION OF ASSESSORS

The academic staff of the university of Stellenbosch will be used in a manner which fits into the quality assurance system of the university.

Additional information:

Various professional bodies prescribe specific requirements for admission to and registration with that professional body, for example:
The South African Institute of Chartered Accountants

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012.

NOTES

N/A

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.

1.	Stellenbosch University