Postgraduate Diploma in Management (Accounting Conversion Course)
Further Information
This diploma is an accelerated one-year full-time programme for
selected graduates from any discipline, other than accounting, who wish to
pursue the Chartered Accountant qualification.
The programme consists of a year of intensive study in undergraduate
courses over an extended academic year commencing in January.
Thereafter successful candidates are eligible to apply for the
one-year Postgraduate Diploma in Accounting. On successful completion of
both the conversion course and the Postgraduate Diploma in Accounting,
candidates may write Part 1 of the Qualifying Examination(QE1).
It
should be noted that a three year training contract with an approved
auditing firm (where you will specialize in auditing) or an approved
training organization in commerce and industry (where you will specialize
in financial management) is a pre requisite of the designation of
Chartered Accountant. Training with an approved auditing firm is known as
TIPP (training in public practice) while training with an approved
training organisation in commerce and industry is known as TOPP (training
out of public practice). Candidates must select the appropriate training
route depending upon their choice of specialization in either auditing or
financial management. After writing QE1 candidates must complete a
specialist course in either auditing (for TIPP) or financial management
(for TOPP) depending on
their chosen specialization.
After
a minimum of 18 months of the three year training contract and after
passing QE1 and completing the selected specialist course, candidates
may write Part 2 of the Qualifying Examination(QE2) which will be in
either auditing (for TIPP) or financial management (for TOPP).
Since its inception, this course has produced a large number of
qualified accountants, and there are many more in the pipeline. Their
prior educational backgrounds vary considerably and include students with
degrees in pharmacy, medicine, science, arts, social science, agriculture,
engineering and so on.
Most graduates in South Africa are unaware of this option. Many are
currently dissatisfied with their employment prospects and would benefit
greatly from the course.
The goal of all concerned with quality and diversity in the accounting
profession and indeed with the manpower needs of South Africa, should be
to make sure that information regarding the availability of this unique
route to becoming a Chartered Accountant (CA) is placed squarely in the
purview of all graduates.
| In summary:
The minimum period to qualify if the full-time route is chosen
would be:
- the one year Accounting Conversion Course;
- the one year Postgraduate Diploma in Accounting;
- commencement of a 3 year training contract in either TIPP or
TOPP and writing QE1 early in the first year;
- a part-time specialist course in auditing (TIPP) or financial
management (TOPP);
- writing QE2 in either auditing (TIPP) or financial
management (TOPP) after completing 18 months of the 3 year
training contract and passing QE1.
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