Bachelor of Commerce in Accounting

The programme is directed at those who have matriculated and wish to pursue a career in accounting as well as those with technical qualifications in accounting and are seeking to enter into management positions.

Accounting is the process of recording financial transactions about a business and creating financial reports to reflect these transactions. It is an essential part of the business management process.

There are various different types of career choices available for those who have completed an Accounting Degree or an accounting course from an accredited distance learning institution. Some of these include bookkeeper, staff accountant, accounts clerk, payroll officer, auditor, financial analyst or tax advisor.

There are two types of accounting practices that are used to accomplish different financial goals and objectives. These include financial accounting and management accounting. Financial accounting is the process of recording-keeping of historical financial data. This means that an accountant or Financial Administrator has to keep track of items by balancing books. Management accounting provides data about the operations of the company. The purpose of this type of accounting is to generate specific reports relating to risk and performance. There are also several types of specialisations within the field of accounting. These include Cost Accounting, Tax Accounting, Forensic Accounting and Auditing.

An Accountant works with a business’s financial statements to accurately reflect the financial health of the organisation. They use their skills to manage duties relating to payroll data, billing and invoicing, preparing financial statements and budgets, analysing expenditure reports, and supervising financial transactions.