1. Entrance requirements
AnHEQSF level 8 qualification in Accounting and/or Finance or an HEQSF level 8qualification with relevant work experience in Accounting and/or Finance.
Candidatesmay be required to present themselves for an interview.
2. Programme outline
Thequalification is part-time by coursework and a minor dissertation (60 credit)or an option to complete a 90 credit minor dissertation.
The focus ofthis qualification is on real world applications and the qualification willenhance the skills required for leadership in accounting and corporategovernance decision making.
Specifictheoretical applications include all areas of accounting, including corporatereporting, integrated reporting, corporate governance, risk management andcorporate financial analysis.
The degree is a part-time, two-year programme runresidentially in Cape Town for the first year, with the majority of seminars onMonday evenings from 6 to 9pm (some seminars may take place on another day inthe week). Students will be allowed up to three years to complete the degree.
4. Prescribed curriculum structure
Minimum numberof credits required is 180.
Course code and name
ACC5023H Financial and External Reporting
ACC5020H Corporate Financial Analysis
ACC5025H Corporate Governance and Risk Management
ACC5001H Topics in Accounting and Governance or an approved elective
ACC5051W Minor dissertation (60 credits)
ACC5050W Minor dissertation (90 credits)
ACC5023H FINANCIAL AND EXTERNAL REPORTING
Course convener: Mark Graham
Theaim of this course is to enable students to; develop insights into the way inwhich financial reporting standards are developed and the current status ofInternational Financial Reporting Standards, develop and implement accountingpolicies where the standards are silent and critically discuss the financialreporting requirements of various entities. Furthermore by the end of thiscourse, students should be able to prepare and critically evaluate integratedreport as well as other external reports that a Chief Finance Officer may berequired to produce.
ACC5020H CORPORATE FINANCIAL ANALYSIS
Course convener: Carlos Correia
The aim of thecourse is to enable students to develop key insights into strategy, financialanalysis, forecasting, financial modelling, valuations and credit analysis. Thefocus is on decision making in the real world and students are placed inbusiness situations, which require a decision. Students will be required toanalyse South African, USA, UK and Australian companies. Students will be required toemploy financial analysis to evaluate mergers and acquisitions as wellundertake financial analysis of selected industry sectors. Students will also be introduced to valueinvesting strategies, investor sentiment and financial metrics.
ACC5025H CORPORATE GOVERNANCE AND RISKMANAGMENT
Course convener: Goolam Modack
This course will enable students to design andimplement the entity’s governance structure through critical analysis ofeffective leadership, the role of the company secretary, directors’remuneration, taxation, responsible investment and the management of risk.
ACC5051W and ACC5050W MINOR DISSERTATION
Course convener: Gizelle Willows
Studentsare required to attend a research methodology course which runs parallel to thefirst year coursework modules (i.e. ACC5020H, ACC5023H and ACC5025H). Duringthis time the research proposal will be written, under the guidance of asupervisor, and presented to various faculty members. The aim of this course isto equip students with a range of skills to prepare them for writing theirdissertation. The dissertation will focus on one of the broad topics ofaccounting and finance. The research should be well-conceived and acknowledgeearlier research in the field. It should show the ability to undertake informedinvestigation, and demonstrate the ability to collect, organize and analysedata. The dissertation proposal will require course convener and supervisorapproval. A student will register for this course at the beginning ofthe second year, and will not be permitted to submit the dissertation until suchtime that the coursework component is completed.
ACC5001H TOPICS IN ACCOUNTING ANDGOVERNANCE
Course convener: Shaun Parsons
Toobtain a credit for this course students must complete or have completed andpassed UCT’s Assessment of Professional Competence (APC) Professional Programmeor equivalent.
The College’s APCProfessional Programme prepares candidates for sitting the SAICA’s APC, whichis the final professional examination that must be written in order qualify asa CA(SA). The programme includes weekly online learning, the facilitation ofregular group work, and periodic classroom lectures. It focuses on theintegration of university content into real-world contexts, case studypreparation, and multiple case study writing opportunities. The programmeculminates in a final case study assessment, the successful completion of whichentitles candidates to sit the SAICA APC.
This course can be exchanged for any UCT 4000/5000 level course approved by theProgramme Convenor and subject to meeting relevant course pre-requisites andapproval from the Course Convenor.