Search our site :

Postgraduate Diploma in Public Sector Accounting (CG034ACC06)

Convener: Mrs. Ilse Lubbe ( Contact: ilse.lubbe@uct.ac.za )

Applications are online and usually close at 31 October, for registration in the following academic year. 

For more information, contact Ilse Lubbe at ilse.lubbe@uct.ac.za or the programme administrator, Olivia Europa, at olivia.europa@uct.ac.za

This programme focuses on the acquisition of skills in Public Sector Accounting, including legislation and regulations, the role of government, recording and reporting of financial transactions, controls and audits in government entities, preparation of budgets and forecasts, and other reporting issues.  The programme has been offered since 2015, in response to the urgent need in South Africa for competent and accountable public sector financial managers to improve public sector management and reporting. Accounting graduates are provided a route to completing a relevant university qualification to pursue a career in National, Provincial and Local government organisations, as well as with the Auditor General Southern Africa (AGSA).

Entrance requirements: 

B Com (General Accounting) degree, or similar (NQF level 7) undergraduate degree in Accounting.

Duration:  1-year full time; or 2-year distance learning.

Teaching mode:

From 2019, all four courses will be offered online, using the UCT VULA platform.  Students should have access to a computer and internet.

The programme consists of four courses, each consisting of a number of modules.  A pass in all four courses is required in order to be awarded the PG Dip in Public Sector Accounting qualification.

Compulsory courses:

 Course code

 Course name

HEQF credits

HEQSF level

ACC4036T

Public Financial Management

36

8

ACC4037V

Public Sector Financial Reporting

36

8

ACC4038V

Public Sector Structures and Functions

24

8

ACC4039T

Public Sector Audit and Governance

24

8

 

Total

120

 


Assessment:

For each of the four individual courses:  formative assessments (including regular submission of assignments and essays), at least one test per semester and final exams.Students are required to achieve a year mark of 40% for each course in order to qualify to write the final examination in that course.  The results of the assignments submitted and semester tests during the year will constitute the year mark for each course.  The year mark constitutes 40% of the final mark, and a final examination (including an integrated assignment) constitutes 60% of the final mark.

To qualify for the PGD PSA, students must attain a minimum mark of 50% is each of the separate courses.  A student who fails only one of the four courses of the diploma may be permitted by senate to write a supplementary examination in that course.

Readmission rules:

A student who fails to complete the requirements for the programme within two years of study will be allowed to re-register in the third year for each of the courses that the student failed in the prior academic year.

No student will be readmitted to the programme if they have failed any course in the programme twice.

Teaching and learning strategy:

The programme uses a combination of teaching and learning strategies that promote student self-directedness and a lifelong learning philosophy among students. This is in line with UCT’s mission of being an outstanding teaching university educating for life and addressing the challenges facing our society.  Students will have individual access to all staff participating in the programme for academic support, in the form of consultation and in an advisory capacity.

Outlines of modules (course curriculum) and specific outcomes for each course:


Module

Public Financial Management (ACC4036W)

Students will demonstrate the ability to

·         Design, present, monitor and evaluate forecasts, budgets and project appraisals

·         Evaluate and report financial management outcomes against predetermined objectives based on financial management policies 

·         Apply management accounting and financial management techniques which achieve the strategic objectives of the organisation

1

Strategic management accounting

2

Budgeting and management control systems

3

Capital budgets and project appraisal

4

Public finance and financial management

5

Supply chain management

6

Performance management

7

Asset management

8

Taxation management


Module

Public Sector Structures and Functions (ACC4038H)

Students will demonstrate the ability to

·         Interpret, introduce, monitor and apply relevant legislation within the public sector organisation (e.g. PFMA, MFMA, National Treasury Regulations, etc.)

·         Apply public and administration policies within the public sector organisation

1

The role, structure and administration of governments

2

The government in South Africa, its structures and administration

3

The Public Finance Management Framework in South Africa

4

Government Revenue and Expenditure

5

Public Entities, Municipal Entities and Organs of State

6

Current issues


Module

Public Sector Audit and Governance (ACC4039H)

Students will demonstrate the ability to:

·         Design, analyse and evaluate financial and related information systems for business monitoring and control purposes

·         Identify risks and plan work to meet the objectives of an internal or external audit assignment

1

Internal Controls and External Audit

2

Public Sector Audit Environment

3

Accountability and Governance

4

Risk identification and response in the public sector, including forensic auditing

5

Practical applications


Module

Public Sector Financial Reporting (ACC4037W)

Students will demonstrate the ability to

·         Prepare,  present and monitor information reported in compliance with financial reporting frameworks and applicable standards of disclosure, for government institutions (i.e. GRAP and modified cash basis)

·         Interpret and analyse financial information and statements for national, provincial and local government organisational forms (e.g. municipalities, government entities, etc.)

1

Reporting environment for public sector entities

2

Reporting framework – GRAP principles

3

Accounting processes in the public sector

4

Preparing financial statements

5

Non-current assets

6

Revenue and working capital

7

Net assets and liabilities

8

Other GRAP standards

9

Interpretations and other reporting issues


Applications are online and usually close at 31 October, for registration in the following academic year.  Visit: www.uct.ac.za

For more information, contact Ilse Lubbe at ilse.lubbe@uct.ac.za or the programme administrator, Olivia Europa, at olivia.europa@uct.ac.za

College of Accounting, Leslie Commerce Building, level 4, Upper Campus, UCT
Telephone:  021 650 2269