Accounting & Financial Services

Diploma in Financial Accounting

Study the Diploma in Financial Accounting with Boston City Campus. This nationally recognised Diploma develops strong practical and theoretical accounting skills, preparing students to work confidently with financial information in modern business environments. You learn how financial accounting principles, standards and systems are applied to record, analyse and report on organisational performance in both local and global contexts.

When you study with Boston, you build the discipline required for professional accounting practice. You develop competence in financial reporting, taxation, auditing, cost and management accounting, and the use of accounting software to support accurate decision making and compliance. 

This Diploma prepares you for roles in accounting support, financial administration, reporting and junior management accounting. It also provides a clear pathway to further study through a Boston Bachelor’s Degree or Advanced Diploma for those who want to progress into senior accounting or financial roles.

Diploma in Financial Accounting

Time to Complete

3 Years (min) - 9 Years (max)

Study Options

Full-time or Part-time

Credits

374

NQF Level

6

SAQA ID

93597

Entry Requirements

National Senior Certificate (NSC), with English passed with endorsement for admission to Diploma study; or National Certificate (Vocational) (NC(V)), with English passed with endorsement for admission to Diploma study; or prior to 2009, Senior Certificate with English as one of the modules passed.

A number of post school qualifications may be used for admission and/or advanced placement into the diploma programme with due regard for the 50% credit transfer rule and guidelines of progression and articulation. For example, a Higher Certificate, NQF (HEQSF)Level 5, minimum Credits 120; or a Certificate, NQF (OQSF) Level 5, minimum Credits 120.

This programme is offered by Boston City Campus in the distance mode of education with support provided at Learner Support Centres. Apply to register at any Boston City Campus Learner Support Centre nationwide.

All modules are compulsory and must be passed.

This qualification is recognised by the Financial Sector Conduct Authority (FSCA), formerly the Financial Services Board (FSB), as Generic under all Categories and Sub-Categories for occupational/professional purposes. It is endorsed by the South African Institute of Tax (SAIT) as the initial academic step towards the Tax Technician Practitioner South Africa (TTP(SA)) designation.

Possible employment opportunities include, but are not limited to:

  • Financial Accountant, Financial Manager
  • Assistant Accountant, Accountant, Bookkeeper
  • Reconciliation Clerk, Creditors Clerk, Debtors Clerk
  • Management Accountant or Assistant Management Accountant
  • Financial Services Officer/Manager
  • Internal Auditor
  • Credit Controller

Did you know that Boston does not work on a points system

Although your subjects may be considered, Boston does not use a point system for entry.
Your endorsement says it all.
Semester ASemester B
  • Computer Literacy
  • Academic Literacy
  • Accounting Principles
  • Commercial Law 1
  • Business Mathematics
  • Computer Literacy Advanced
  • Financial Accounting Principles, Concepts and Procedures
  • Business Management 1
  • Introduction to Socioeconomics
Semester ASemester B
  • Financial Accounting Reporting
  • Public Accounting Administration
  • Commercial Law 2
  • Taxation 1
  • Cost and Management Accounting
  • Financial Accounting for Companies
  • Taxation 2
  • Computerised Accounting
Semester ASemester B
  • Financial Management Techniques
  • Internal and IT Auditing
  • Financial Accounting 3A: IFRS
  • Applied Research Methods
  • Management Accounting Control Systems (HMAC300-1)
  • Business Leadership & Ethics for Accountants (HBLE300-1)
  • Financial Accounting 3B – Groups
  • Work Integrated Learning (HWDFA300-1)

Various How You’ll Be Assessed (ASC, ASW, AS1 to AS5) are used throughout the modules in the programme. For example, AS3 is predominately applied in this programme and consists of a

Formative Assessments (FA1 and FA2), also known as assignments or tests, which count forty percent (40%) – twenty percent (20%) each – towards the overall mark.

Summative Assessments in the form of a final exam or capstone project (SA1), count fifty percent (50%), and a research or reflective essay (SA2) count ten percent (10%) towards the overall mark.

No supplementary assessment is provided for FA1 or FA2. A maximum of one (1) additional supplementary assessment opportunity is provided for SA1 and SA2 respectively, which will be charged for.

Please consult the Fact Sheet and Student Rulebook for additional, detailed programme information.

On completion of the programme graduates will have the necessary knowledge and practical skills required to:

  • Operate effectively in the workplace using a number of Windows-based end-user applications
  • Apply accounting functions and general business principles to real life situations and interpret economic realities of local and global communities. 
  • Develop knowledge and an understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of accounting techniques. 
  • Demonstrate knowledge of the general legal framework, and of specific legal areas relating to business including the South African tax system as applicable to companies. 
  • Manage computerised accounting and technology resources in organisations. 
  • Identify the socio-economic needs of society and display cultural sensitivity within organisations. 

BOSTON HIGHER EDUCATION PROGRAMME

On successful completion the Learner will be issued a Diploma in Financial Accounting SAQA ID 93597, NQF 6, minimum 374 credits from Boston City Campus.