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 in Accounting 
SAQA QUAL ID QUALIFICATION TITLE
79009  Bachelor of Commerce in Accounting 
ORIGINATOR
University of KwaZulu-Natal 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
CHE - Council on Higher Education  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  416  Level 6  NQF Level 07  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Registered-data under construction  EXCO 0324/24  2024-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2033-06-30  

Registered-data under construction

The qualification content is currently being updated for the qualifications with the status “Registered-data under construction” or showing “DETAILS UNDER CONSTRUCTION” to ensure compliance with SAQA’S Policy and Criteria for the registration of qualifications and part-qualifications on the National Qualifications Framework (NQF) (As amended, 2022). These qualifications are re-registered until 30 June 2027 and can legitimately be offered by the institutions to which they are registered.

 

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.  

PURPOSE AND RATIONALE OF THE QUALIFICATION 
  • To educate students in the knowledge, skills and attitudes relating to accounting, business and related disciplines.
  • To prepare students to embark on further accounting studies with the intention of acquiring a professional accounting qualification.
  • To enable graduates to contribute to the accounting, financial and managerial function of large and small enterprises.
  • To provide a broad understanding of the theoretical approaches to specific core disciplines in commerce, as well as the integrated application of this knowledge to the world of work.
  • To prepare students to embark on research in the field of Accountancy. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Matriculation exemption (or equivalent) with the prescribed number of matric credit points, and a pass in higher grade or 60 percent in Standard grade in Mathematics, or equivalent examination, or completion of at least four modules in the Faculty's Advanced Certificate in Business Studies. Learners who meet the prescribed number of matric credit points but who do not meet the Mathematics requirement may be admitted on condition that they complete Quantitative Management 1. Quantitative Management 1 must be completed prior to completing Mathematics C.

    As noted in 8.1 above, applicants who do not meet the Faculty's requirements for automatic admission may enrol for the Faculty's Advanced Certificate in Business Studies. Completion of this Certificate, or completion of at least four modules in this Certificate, will allow entry to the programme with credits in the modules passed. 

    RECOGNISE PREVIOUS LEARNING? 
    N 

    EXIT LEVEL OUTCOMES 
  • Demonstrate an understanding of the framework used for the preparation of financial statements.
  • Prepare financial statements and consolidated financial statements of different entities.
  • Prepare financial statements and accounting entries with respect to acquisitions, mergers or other changes in ownership. Devise schemes of business combination and reconstruction, and prepare financial statements and accounting entries relating to revenue after such change. Explain the relationship between managerial accounting, financial management and financial reporting in the context of the corporate mission and objectives. 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    Preparation of financial statements and the underlying accounting entries in a manner, which recognises the basic objectives of financial statements; complies with generally accepted accounting practice and complies with the Companies Act. Preparation of group financial statements and various non-statutory reports.

    The ability to analyse and interpret the financial statements of an entity.

    Integrated assessment:

    The University of Natal is currently reforming its assessment strategies to include the assessment of applied competence for each qualification. In the meantime, a combination of continuous assessment and traditional written examinations serve to assess the integration of all/most of the learning outcomes for each module in a qualification.

    Within the Bachelor of Commerce, each field of specialization requires several written assignments, which are designed as integrated assessments in order to develop the ability to integrate themes across core disciplines and the ability to apply knowledge to the world of work. 

    ARTICULATION OPTIONS 
    No opportunity is provided for accelerated progress through the programme. The programme can be entered at three different levels. 

    MODERATION OPTIONS 
    The ETQA system for HE is not yet fully developed. Until such time as it is, procedures described under Assessor Criteria will suffice. All work, which contributes towards a student's marks for the programme is assessed by the staff members, and final examinations are moderated by external examiners. 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    Until the HEQC establishes a registration system for assessors in the HET Band, the University of Natal assumes that, on the basis of its rigorous selection criteria for the appointment of academic staff (who also have opportunities for staff development in assessment), staffs are competent to assess students on the modules they teach. This assessment is quality assured via a university system of internal moderation and external examination. External examiners are appointed for their teaching and disciplinary expertise and subject to the approval of Faculty Boards. The University of Natal ruling is that 66 % of all assessments at exit level, i.e. leading to a qualification, are externally examined. 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015. 

    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.
     
    1. University of KwaZulu-Natal 


    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.