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Unisa Short Learning Programmes
Course in Fundamental Accounting (70866)

Purpose

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. 

 

 


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. Provided that you have matriculated with university acceptation, this course grants exemption from FAC1502, a UNISA undergraduate course in financial accounting. 

 

 

 


Admission requirements

A National Senior Certificate(with or without university exemption) or an equivalent NQF level 4 qualification, Accounting or mathematics at matriculation level is not required 


Duration

One academic year 


Language medium

Afrikaans and English 


Registration periods

The course comprises two modules, namely FUAC02F and FUAC03G. You can only register for one module (either for FUAC02F or FUAC03G) at a time, and for FUAC03G only after having passed FUAC02F .The registration period for the first semester for either of the two modules commences on 1 December 2014 and closes on 3 February 2015.  

 

The registration period for the second semester for either of the two modules commences on 1 May 2015 and closes on 30 June 2015.  

 

To maximize tuition time, register as soon as possible. 

 

 


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. 

Marks 

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

Academic enquiries: 

 

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 

E-mail: rehwia@unisa.ac.za 

 

Ms M Evans (lecturer) 

Tel no:012 429 8606 

E-mail:evansm@unisa.ac.za 

Office:AJH van der Walt-building (Muckleneuk campus, Pretoria), office number 2-55 

 


Programme administrator(s)

MS A Rehwinkel  

Office 2-099, AJH Van der Walt Building 

Tel: (012) 429 4090 

Fax: (012) 429 3424 

E-mail rehwia@unisa.ac.za