1. CERTIFICATE OF COMPETENCE IN ACCOUNTING

 2. OBJECTIVE

The main objective of this course is to equip a student with bookkeeping and basic financial reporting skills pertaining to the preparation of a full set of bookkeeping records and the financial reports of a sole proprietorship, company and non-profit organization and statements of cash flows included. After the successful completion of this course, in terms of bookkeeping, a student should be able to complete the books of prime entry from source documents, post journal entries to ledger(s), calculate and record adjustments, record closing entries, and prepare pre- and post-adjustment trial balances. Specific attention is given to the calculation and recording of value-added tax, the preparation of bank reconciliation statements, the application of periodic and perpetual inventory systems, the preparation of debtors and creditors control accounts, and of debtors and creditors ledgers. In respect of financial reporting, attention is also given to the preparation of financial reports from incomplete records. Regarding planning and control, a student should be able to prepare cash budgets.

3. TARGET GROUP

3.1  Individuals who are interested in a career within the fields of Accounting and financial reporting,

3.2  Individuals who intend to further their academic towards obtaining a diploma in accounting.

3.3  Finance managers who wish to have appreciation of accounting.

3.4  Sole traders and vendors who wish to have basics of accounting and grow their businesses.

4. DURATION

The course will be taken for 6 weeks.

5. ASSESSMENT OF THE COURSE

The course will comprise one module - Financial accounting 1 (BACC101) with 15 units.  The assessment intervention for the module comprises two assignments and a three-hour examination. A certificate is issued on the successful completion of the course by obtaining a final mark of at least 50% for the module.  The course work will constitute 40% and examination will constitute 60%.

6.       ENTRY REQUIREMENTS

For admission to certificate in accounting the applicant should have 5 ordinary level passes including mathematics or accounts.

For mature applicants 3 ordinary level passes will be required for admission to this qualification. Applicants on mature entry who do not have 3 ordinary level passes but are working full time in an accounting area such school accounts clerks may be admitted upon recommendation from employer.

7.      CURRICULUM

Table 1.1

Unit 1

Introduction to accounting

Week 1

Unit 2

Forms of business enterprises

Week 1

Unit 3

Double entry

Week 2

Unit 4

The cash book and the petty cash book

Week 2

Unit 5

Books of original entry

Week 3

Unit 6

The trial balance

Week 3

Unit 7

Statement of comprehensive income

Week 3

Unit 8

Statement of financial position

Week 4

Unit 9

Cash flow statements

Week 4

Unit 10

Control accounts and incomplete records

Week 4

Unit 11

Financial statements for non-profit making organizations

Week 5

Unit 12

Accounting for depreciation

Week 5

Unit 13

Stock and inventory valuation

Week 5

Unit 14

Introduction to financial reporting

Week 6

 

Examination

Week 6

 

8.       METHOD OF TUITION

The course is lectured by means of distance education. Communication between lecturers and students occurs by means of:

8.1   study guide/units ,

8.2  tutorial letters,

8.3   the internet,

8.4  telephone calls

9. FEES

The fees for the short course is RTGS$300-00 payable before commencement of programme.

10. PROPOSED ROAD MAP

Table 1.4

ACTIVITY

PERIOD

Launch of program

April 2019

 

 

 

11.  Language medium

 English

12.  COURSE CONVINERS 

13.1 Mr Mudimba L

Master of commerce in applied accounting (gzu)

Bachelor of commerce in accounting (zou)

Bachelor of commece in internal auditing (zou)

Diploma in accounting SAAA

Dr E H  Matavire

Phd auditing (zou)

Master of business administration (zou)

Bachelor of accounting science (unisa)

Institute of certified accountants