About the qualification
How to become a CA
A Chartered Accountant can work inter alia:
As an auditor and/or accountant for an auditing firm and is responsible for inter alia:
- Performing statutory audits;
- Supplying of management advice services, tax advice services and advice about information
As an accountant in commerce and industry, (e.g. the financial or mining sector) performing a range of duties including:
- Management information;
- Financial reporting;
- Internal control;
- Tax matters;
- Asset management.
As an independent consultant in areas including management advice, tax advice and advice regarding information technology
As an independent businessman/woman
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A Chartered Accountant uses the designation CA(SA) and is a member of the South African Institute of Chartered Accountants.
Following the route offered by Stellenbosch University, a student has to register for the BAcc degree (3 years), and then do the BAccHons degree (1 year). After gaining the required technical knowledge at university, students have to enter into a 3 year contract with a registered auditing firm or other registered training organisation in commerce and industry to gain the required practical experience. In the first year of their traineeship, trainees are allowed to write the first part of the professional examination known as the Initial Test of Competence (ITC).
Passing the ITC allows a student to complete a specialism course (not offered by the University of Stellenbosch) and, after completing 20 months of traineeship, he/she is eligible to write the final part of the professional examination known as the Assessment of Professional Competence. A candidate who has met all these requirements and has completed his/her 3 years of traineeship, is allowed to register as a Chartered Accountant (South Africa).
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Follow this link to a pamphlet which inter alia contains the admission requirements.
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Refer to Part 10 of the 2013 Calendar for the 2013 language specifications of the modules below.
From 2014 all second-year modules and from 2015 all third-year modules will be offered in both Afrikaans and English.
Financial Accounting 178
Mercantile Law (Accounting) 192
Business Management 113, 142
Industrial Psychology 112
Information Systems 188
Theory of Interest 152
Business Ethics 214, 242
Mercantile Law (Accounting) 292
Financial Accounting 278
Information Systems 284
Management Accounting 278
Financial Accounting 379
Information Systems 312
Management Accounting 378
Kindly note the following important information:
- The langauge of instruction for this programme is only Afrikaans (2013-2015). The programme will however be offered in both Afrikaans and English from 2016.
- The programme is not available on a distance education basis.
Please follow this link for the 2015 admission requirements in English.
Only students in possession of the following undergraduate degrees are admitted to the programme:
- The BAcc degree of Stellenbosch University (or an equivalent SAICA accredited CA-stream degree from another South African university); and
- The BCom(Financial Accounting) or BCom(Management Accounting) degree of Stellenbosch University (or other BCom degree of Stellenbosch University in which exactly the same modules as those in one of the aforementioned degrees have been passed). (These students must successfully complete a bridging year in order to become eligible for admission to BAccHons, details of which are provided below.) This route is not available to students from other universities with non-CA-stream degrees.
BCom(Financial Accounting) and BCom(Management Accounting) graduates of Stellenbosch University who wish to do a bridging year to become eligible for admission to BAccHons are required to register for the following subjects as Special Students (for non-degree purposes) during the bridging year, unless these subjects have previously been passed as part of the BCom degree or otherwise (in this case, also refer to the “2-year rule” regarding the age of modules at the time of admission in the detailed admission requirements under the hyperlink above):
- Financial Accounting 379
- Taxation 399
- Auditing 378
- Management Accounting 378 (unless a performance mark of 60% or more was achieved in Management Accounting 388)
- Mercantile Law 292
The admission requirements to BAccHons for students who did the bridging year are the same as those for BAcc students.
The abovementioned bridging year applies only to students wishing to apply for admission to BAccHons at Stellenbosch University. BCom students who wish to do a bridging year in order to apply for postgraduate CA-stream programmes at other universities should approach such universities directly with regard to their admission requirements. The School of Accountancy does not issue any confirmation letters whatsoever in respect of the bridging year for such students.
Further details of the bridging year area available upon request from the School of Accountancy.
Applicants currently enrolled as students of Stellenbosch University can apply online at www.mymaties.com
Applicants from other universities should apply online for admission to Stellenbosch University and the programme at www.sun.ac.za/pgstudies.
Applications from these applicants will only be considered if ALL application requirements have been FULLY complied with by the deadline dates for applications mentioned above. These requirements include payment of the prescribed application fee (SA citizens only), provision of official proof of academic qualifications and a duly completed responsibility form.
The BAccHons programme assumes a detailed and up to date knowledge of South African corporate and taxation legislation which includes the Companies Act and Companies Regulations and the Income Tax and related acts. Consequently students from countries other than South Africa who cannot present proof of meeting this requirement cannot be considered for admission to the programme. A minimum of two further years of undergraduate study is required to be considered for admission.
Kindly note that 31 October is the closing date for all applications for admission to the Hons-programmes of the following year.
Advanced Financial Accounting
Advanced Auditing, Regulation and Information Systems
Advanced Management Decision Making and Control and Financial Management
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Multiple career opportunities exist. A chartered accountant is in huge demand, not only in South Africa but worldwide. Auditing firms are some of the major employers of CA's. Some of the bigger auditing firms are Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers Inc.
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For more information about the South African Institute of Chartered Accountants, visit their website at www.saica.co.za
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Link to email sent to alumni, Re: ITC Bootcamp
Link to ITC Bootcamp document