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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: 

Bachelor of Commerce: Financial Accounting 
SAQA QUAL ID QUALIFICATION TITLE
7059  Bachelor of Commerce: Financial Accounting 
ORIGINATOR
University of Pretoria 
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  479  Level 6  NQF Level 07  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Passed the End Date -
Status was "Reregistered" 		 SAQA 091/21  2021-07-01  2023-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2029-06-30  

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 does not replace any other qualification and is not replaced by any other qualification. 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
This qualification provides learners with detailed knowledge, specific skills and applied competency in the discipline of Financial Accounting and its allied disciplines of Taxation, Management Accounting, Auditing and finance. Learners will develop the values and attitudes required of professionals in the field of Accountancy.
It also provides learners with vocational training which prepares them to write the qualifying examinations of a number of national and international professional bodies. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Matriculation certificate
Other:
Matriculation certificate with at least 40% in Mathematics Higher Grade or 50% in Mathematics Standard Grade. An M-score of 12 is required. 

RECOGNISE PREVIOUS LEARNING? 
N 

EXIT LEVEL OUTCOMES 
B Com (Financial Accounting)
Learning outcomes:
The learner will have the knowledge, skills and values to recognise, process, produce, forecast, communicate, analyse, assess, intergrades and synthesizes financial and relevant business information.

Critical cross-field outcomes:
The learner will have developed his/her problem solving abilities, will have enhanced communication skills and sound computer skills. The learner will be able to interact effectively within a professional group. 

ASSOCIATED ASSESSMENT CRITERIA 
The learner will be able to:
  • Explain and apply the underlying concepts of accounting in case studies.
  • Draft financial statements and group financial statements for enterprises.
  • Generate financial and non-financial business information in accordance with relevant legislation, accounting standards and users' needs.

    Integrated assessment:
    Written examinations
    Oral examinations
    Other:
    Group Projects
    Reports 
    		•

    ARTICULATION OPTIONS 
    Related qualifications
    B Com (Hons) Financial Accounting
    B Com (Hons) Management Accounting
    B Com (Hons) Internal Auditing

    B Com (Hons) Financial Accounting serves as an entry point to the related qualification
    B Com (Hons) Management Accounting serves as an entry point to the related qualification
    B Com (Hons) Internal Auditing serves as an entry point to the related qualification 

    MODERATION OPTIONS 
    All summative examinations are moderated by an internal examiner
    All exit examinations are moderated by an external examiner from another tertiary institution
    Examination papers are reviewed on an ad hoc basis by professional bodies where the qualification is accredited. 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    Qualifications required:
    B Com (Hons) Financial Accounting

    Career experience required:
    Five years of practical experience in commerce and industry

    Other criteria:
    Academic experience is a recommendation 

    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: 
     
    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 Pretoria 


    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.