Short Learning Programme
The Department of Education (DoE) identified a need for Accounting education for teachers and approached the School of Accounting Sciences on the NWU’s Vanderbijlpark Campus. A formal course has been developed in order to allow teachers (and attendees) of the course to learn the basics of Accounting and keep the material as future reference. The document will enhance the average Accounting knowledge of the attendee enabling him/her to share the knowledge with his/her learners. This course is for educators who teach Accounting but have limited formal academic training in the science. This course is also for the attendee who wants to update his/her knowledge with regard to Accounting. In completing this course, the educator and the attendee will be able to obtain a holistic view of accounting; understand accounting topics fully that are relevant to the basic teaching level; assist in the interpretation of basic accounting concepts; and expand and build on current knowledge around the accounting science.
The course is designed to allow the educator or attendee to obtain an understanding around basic concepts that are related to the Accounting sciences. In addition, the attendee will receive an opportunity to explore the application of the theory of Accounting; and this course will also assist and equip attendees to present Accounting to their learners in a manner that enables learners to understand and interpret Accounting science correctly.
Senior Certificate / Equivalent NQF 4 qualification.
Learning assumed to be in place:
Basic accounting knowledge
Course outcomes and the associated assessment criteria:
Fixed assetAccounting for Companies
|After completion of this course, participants will:||Participant will be assessed on the following criteria:|
|Accounting Equation and Accounting Cycle as well as Value Added Tax||To apply the Accounting equation concepts together with value added tax principles||
|Inventory and Manufacturing Entities||Value, record, and report on inventories that represents a material component of current asses.||
|Reconciliations||Understand the concept of reconciling financial information. Explain the three types of reconciliation (bank reconciliation, creditor’s reconciliation, and debtor’s reconciliation).||
|Fixed assets||Apply the different methods of depreciation and disposal of fixed assets.||
|Accounting for Companies||Set up accounts and financial statements for companies||
|Cash Flow statements||Explain the importance of the cash flow statement, the sections and format||
Attendees receive a certificate of completion only if they attend all the sessions and complete the assignment. It will also be important, for informal formative assessment for attendees to participate during the course by answering homework questions. Summative assessment: Assignment
Method of assessment:
This course is practical; during each session application is expected from attendees. At the end of the course, attendees hand in an assignment which will be marked according to a memorandum.
Mode of delivery: