Namibia University of Science and Technology Diploma in Accounting and Finance

What is Diploma in Accounting and Finance?

This is a 2-year programme offering participants knowledge in accounting principles to be effective managers in organisations. Courses taught include Financial Reporting, Business Accounting, Business Finance, Taxation, and Auditing. Admission Requirements.

Entry Requirements

30 points in 5 subjects including an E-symbol in English and a C-symbol in Mathematics. Mature Age Candidates must pass the PoN English Test and Mathematics test with 50% and 60% respectively.

Frequently Asked Questions

What does a diploma of accounting get you?

Completing this course will provide you with: A nationally recognised Diploma. Eligibility to be recognised as a Registered Tax Agent with the Tax Practitioners Board. Articulation pathways into a degree.

Can I get job after Diploma in accounting?

You must do a professional course in accounting C A or CPA for good jobs. B Com or Diploma in Accounting is not equal to Professional courses.

What is included in Financial Accounting?

The financial statements used in financial accounting present the five main classifications of financial data: revenues, expenses, assets, liabilities and equity. Revenues and expenses are accounted for and reported on the income statement. They can include everything from R&D to payroll.

What is bachelor of accounting and finance?

A bachelor’s in Finance and Accounting (BAF) is an undergraduate degree that explores subjects like Accounting, Financial Institutions, Market Systems, Banking, Management, etc. Running for a period of 3 years, its course curriculum can vary from one institution to another.

How many points do you need to study accounting?

Admission Points Score of 38. Minimum NSC requirements for degree entry must be met. English, Afrikaans or isiXhosa (home language or first additional language) on at least level 3 (40-49%).

Under which field of study is accounting?

Accountancy is the study of maintaining, auditing and recording financial transactions. If you pursue this field, you will develop an understanding of accounting principles and processes needed to organise, maintain, analyse and evaluate corporate and personal financial records.

Is financial accounting hard?

Accounting can be a very challenging major and takes four years of serious commitment to complete. With difficult classes, intense curriculums, and very little free time, many international students find that accounting may not be right for them and decide to leave the field.

What is the difference between accounting and financial accounting?

Managerial accounting focuses on internal accounting processes and results in reports that are used by management, while financial accounting focuses on aggregating information into financial statements, which are used both internally and externally.

Which degree is better accounting or finance?

An accounting degree allows for many more options. Finance majors have courses more focused on financial services and consultancy. Finance is a great choice for those students who want to manage current and future financials of a company or organization.

What qualifications do you need to be an accountant?

As with most careers, a postgraduate degree is desirable, but not essential. Some accountants do, but you’ll find many that don’t. Instead, most people in the industry will have completed an AAT (Association of Accounting Technicians) course. This professional diploma is often a minimum requirement for the role.

Can I do accounting without maths?

Not only do you not have to be a maths whiz to be an accountant, but you don’t need any A Levels at all. Whether they’re looking to train after finishing school, or make a career change, many people without A levels begin the path to professional accounting with the Association of Accounting Technicians (AAT).

What subjects do you need for accounting?

Although you don’t need any A Levels or a degree to become an accountant, a competency in English and Maths is essential, and a good head for numbers is all you need to get started. There are many qualifications covering the basics of accounting which do not require any previous experience or qualifications.

Is Financial Accounting a math?

Accounting is not a math class. It may look like a math class because there are numbers, but the numbers are just part of the language.

What is financial accounting course?

Financial Accounting refers to information describing the financial resources, obligations, and activities of an economic entity. … Therefore, this course focuses upon financial accounting information relating to profit-oriented business organizations.

Why is finance better than accounting?

While accounting produces a snapshot of a company’s financial health at a specific point in time, finance is more concerned with forecasting and planning for the future. Finance also deals heavily with capital management and allocation.

Is accounting a good career?

Accountants play an incredibly important role in every organization, making this a great career for anyone who wants to work in an important position. Salaries for trained accountants are quite high, which means this is an excellent industry for anybody looking to maximize earning potential.

How does finance and accounting work together?

Finance deals with funding a business’s operations; accounting deals with recording and reporting financial data. Business finance and accounting are two closely related activities in a company. … Accounting is the process of recording and reporting financial figures from business transactions.