Advance Diploma: Cost and Management Accounting

It is part of the Department of Accounting’s mission to instil entrepreneurial skills in our graduates to support their academic talents. Therefore ongoing entrepreneurial exposure will be presented via successful local business people and other entrepreneurial experts. Students are encouraged to visit the websites of professional bodies such as CIMA, IIA and SAICA for more information.

What can a graduate do in this career?

The B.Tech: Cost and Management Accounting degree graduate is able to enrol for a professional qualification (i.e. CIMA – Chartered Institute of Management Accountants) or to do an honours or masters degree in Management Accounting. Alternatively, a graduate is able to seek employment in the management accounting field in the private and public sectors.

Who will employ a graduate?

Businesses in the private sector and the public sector (e.g. local and provincial government departments, SARS, etc.).

Purpose of the Qualification

 For the graduate to have a thorough knowledge of accounting and costing in order to manage an accounting department and to provide accounting services to commerce and industry.

Exit Level Outcomes of the Programme

  • Prepare, analyse and interpret complex financial statements for companies applying gaap (including certain accounting standards).
  • Manage the financial aspects of business up to corporate
  • Determine and apply various advanced techniques whereby relevant information is reported to management in regard to control, planning, reporting of performance and the monitoring of efficiency and the optimal usage of resources.
  • Develop and apply documentation techniques and system development; implement an operation and management
  • Formulate the long-term objectives for the enterprise and identify the goals to supplement these
  • Compile a research
  • Strategically approach the acquisition, motivation, development and management of the organisation’s human resources.
  • Effectively apply communication principles to a variety of communication activities, contexts, and to resolve communication
  • Plan, organise, lead and control business

Minimum Admission Requirements

An accounting related diploma with Financial Accounting 3 and Cost and Management Accounting 3 and a minimum of a 55% average for all courses for the diploma.

Programmes offering

The Department of Accounting and Finance operates from the Potsdam delivery site of the Buffalo City campus.