Skip to content
Unisa Short Learning Programmes
Course in Fundamental Accounting (70866)


The objective of this course is to equip a student with bookkeeping and basic financial reporting skills applicable to the preparation of a full set of bookkeeping records and the financial reports of a sole proprietorship, company and non-profit organisation - statements of cash flows excluded.  


After the successful completion of this course, in terms of bookkeeping, a student should be able to complete the books of prime entry from source documents, post journal entries to ledger(s), calculate and record adjustments, record closing entries, and prepare pre- and post adjustment trial balances. Specific attention is given to the calculation and recording of value-added tax, the preparation of bank reconciliation statements, the application of periodic and perpetual inventory systems, the preparation of debtors and creditors control accounts, and debtors and creditors ledgers. In terms of financial reporting, attention is also given to the preparation of financial reports from incomplete records. In addition, a student should be able to prepare cash budgets. 


A student who has obtained the Certificate in Fundamental Accounting and was in possession of a Matriculation Certificate with university exemption prior to obtaining the Certificate in Fundamental Accounting, can apply for exemption from FAC1502, a module which forms part of the BCom degree at UNISA. 

Target group

Individuals interested in a career in the fields of bookkeeping and basic financial reporting, or those students who intend furthering their academic tuition towards obtaining a degree in Accounting at UNISA. 

Admission requirements

Senior Certificate or an equivalent NQF level 4 qualification 


One academic year 

Language medium

Afrikaans and English 

Registration periods

First semester (either module): 29 November 2012 - 4 February 2013 

Second semester (either module): 3 June 2013 - 15 July 2013 

Tuition method

This course is lectured by means of distance education. Communication with lecturers and fellow students occur throughout the study periods via a study guide, tutorial letters, the internet and per telephone. 

Kind of assessment

Two assignments per module of which Assignment 1 of each module is compulsory. 

Formative assessment 

Both assignments per module will contribute in equal proportion to a year mark. 

Summative assessment 

One two-hour examination paper per module. 


A student must obtain a final mark of at least 50% to pass a module. 10% of the year mark (the year mark is determined by the average of the two assignment marks obtained per module) and 90% of the mark obtained in the examination is used to calculate a final mark. 

Introductory bookkeeping and reporting (FUAC02F)
HEQF Level of Module - 5
Credits of Module - 12
Syllabus/Content Topics

Study guide: 

Introductory Bookkeeping and Reporting 

  • The nature and function of accounting 
  • The nature of accounting theory 
  • The financial position 
  • The financial result 
  • The double-entry system 
  • The accounting process 
  • Processing accounting data 
  • Adjustments 
  • The closing-off procedure, determining of profit, and preparation of financial reports 

NB: FUAC02F is a prerequisite for FUAC03G. 

Intermediate bookkeeping and reporting (FUAC03G)
HEQF Level of Module - 5
Credits of Module - 12
Syllabus/Content Topics

Study guide: 

Intermediate Bookkeeping and Reporting 

  • Cash and cash equivalents 
  • Trade and other receivables 
  • Inventory 
  • Property, plant and equipment 
  • Other non-current assets and financial instruments 
  • Current liabilities 
  • Non-current liabilities 
  • The financial reports of a sole proprietorship 
  • The financial reports of a company 
  • Non-profit organisations 
  • Incomplete records 
  • Planning and control (cash budgets) 


Course leader

Ms A Rehwinkel MCom (Accounting) (UP) 

Discipline expertise: Financial Accounting 

Department of Financial Accounting 

Office 2-099, A J H van der Walt Building, UNISA 

Tel: 012 429 4090 

Fax: 012 429 3424 



Programme administrator(s)

Ms E N Ramanyimi 

Office 2-034, A J H van der Walt Building, UNISA 

Tel: 012 429 4465 

Fax to e-mail: 086 642 5194