Overview

This professionally-accredited programme is designed to equip students with knowledge and skills to become professional accountants in public practice and business. Financial accounting is a specialised branch of accounting that keeps track of a company’s financial transactions. Students are taught how to use standardised guidelines to record, summarise and present transactions in a financial report/statement, such as the statement of financial position/statement of profit/loss and other comprehensive income.

Typical tasks include:

  • Prepare monthly, quarterly and annual financial statements

  • Perform tax calculations

  • Organise and perform internal audits

  • Analyse financial trends

  • Perform month-end and year-end close processes

  • Consult with clients on financial accounting services

Core subjects

Subjects include, but are not limited to:

  • Financial Accounting

  • Taxation

  • Auditing

  • Management Accounting

  • Financial Management

Degree options 

BCom in Financial Accountancy

Degree Duration: 3 years, full time

Offered at: 

  • Potchefstroom [P]
  • Vaal Triangle [V]
  • Mahikeng [M]

 

BCom in Financial Accountancy- Extended programme

Degree Duration: 3 years, full time

Offered at: 

  • Vaal Triangle [V]
  • Mahikeng [M]

Admission requirements

BCom in Financial Accountancy 

  • APS: 28
  • Mathematics: Level 4 (50%)

 

BCom Financial Accountancy - Extended programme

  • APS: 24
  • Mathematics: Level 3 (40%), or Mathematics literacy: Level 7 (80%)
  • English: Level 4 (50%)

Professional bodies

South African Institute of Professional Accountants (SAIPA)

For more information visit their website: https://www.saipa.co.za/

Association of Chartered Certified Accountants (ACCA)

For more information visit their website: http://www.accaglobal.com/za/ 

Please note: The BCom honours in Financial Accountancy is accredited with the South African Institute of Chartered Accountants (SAICA) as a CTA bridging programme. In other words, students who successfully complete the BCom honours in Financial Accountancy will be able to apply for the CTA should a student desire at this stage to become a member of SAICA as a chartered accountant.

Also recognised by:

South African Institute of Tax Professionals (SAIT)
For more information visit their website:  http://www.thesait.org.za/

Career opportunities

  • Professional accountant

  • Internal auditor

  • Cost and management accountant

  • Financial manager

  • Tax practitioner

  • Lecturer

Post-graduate studies

Post-graduate studies in Financial Accountancy includes:

  • BCom Honours Degree 

  • MCom and

  • PhD

These post-graduate degrees are offered at

  • Potchefstroom [P]

  • Vaal Triangle [V]

For information on the  admission requirements please see the yearbook