2019 Student Handbook - Welcome 44706vc_student_handbook_ebrochure_2019_FULL_2 | Page 66

SAICA accredited 3 year Bachelors degree in Accounting SAICA accredited postgraduate qualification incorporating CTA Two professional exams assessed by SAICA At The IIE’s Varsity College support classes are offered for students registered for CTA at SAICA accredited distance universities. SAICA exams SAICA accreditation The South African Institute of Chartered Accountants (SAICA) is the leading professional accounting institution in South Africa. Its main role is to develop Chartered Accountants to become leaders in government, business and communities. Accreditation by SAICA of The IIE BAcc degree confirms that the appropriate resources have been put in place to effectively deliver the programme and that the programme is designed to meet SAICA’s requirements in terms of the standards of teaching and learning. The final assessments on the path to becoming a CA(SA) are administered by SAICA and include: • The Initial Test of Competence (ITC) is written after the completion of a SAICA accredited CTA programme and is an assessment of core technical competence. There are two examination opportunities per year for the ITC - January and June. • Assessment of Professional Competence (APC) is the second part of the qualifying examination and assesses professional competence. To qualify for APC a student must have passed the ITC, completed a minimum of 20 months of the training contract and successfully completed the professional programme with a registered provider. Training contracts The IIE BAcc degree is accredited SAICA at five of The IIE’s Varsity College campuses: • Cape Town • Durban North • Pretoria • Sandton • Durban Westville The CTA is a one year postgraduate programme at a SAICA accredited university that certifies students as competent to write the 1st of the professional exams set by SAICA. Upon completion CTA is valid for 3 years. A CTA programme is designed to align with the competency framework and curriculum requirements of SAICA in the areas of Auditing, Financial Accounting, Management Accounting and Finance and Taxation. 3 year training contact Certificate in the Theory of Accounting (CTA) All students must complete a three year learnership contract at a registered training office. The learnership contract is skills based and includes compulsory skills, elective skills and residual skills. The path to qualify as a Chartered Accountant in South Africa (CA(SA)): In accordance with this framework, students will receive a thorough theoretical grounding and knowledge base in the key principles of Auditing, Financial Accounting, Management Accounting and Finance and Taxation and develop the pervasive skills as required by the accountancy profession. The IIE Bachelor of Accounting (BAcc) degree is a SAICA accredited Bachelors’ degree designed to meet the specific educational requirements of SAICA. The programme design supports the core disciplines of Auditing, Financial Accounting, Management Accounting and Finance and Taxation which form the backbone of the SAICA competency framework. The SAICA competency framework identifies and describes the professional competencies (knowledge, skills and attributes) that a Chartered Accountant should demonstrate at entry point to the profession (i.e. on completion of the required academic programme, training contract, professional programme and SAICA assessments). The competency framework therefore underpins how The IIE BAcc degree is developed and delivered. Access the Part-Time qualification academic calendar here. The education and training of a Chartered Accountant CA(SA) is competency based. It focuses on ensuring that the CA(SA) has the necessary level of underlying knowledge and the practical skills and experience to apply that knowledge effectively. Access the Part-Time qualification fact sheet here. The SAICA Competency Framework For specific information related to this qualification including admission requirements, qualification structure, articulation and career options, please download the fact sheet below: PREV. PAGE 66 School of Psychology & communication School of EDUCATION School of FINANCE & ACCOUNTING School of INFORMATION & COMMUNICATIONS TECHNOLOGY School of LAW School of MANAGEMENT 67 NEXT PAGE