COLLEGE OF HUMANITIES

SCHOOL OF EDUCATION
SOCIAL SCIENCES EDUCATION CLUSTER

Discipline Commerce Education

Module Name Accounting Education 2
Module Code EDAC114
Credits 16

COURSE OUTLINE
ACADEMIC YEAR: 2024
MODULE COORDINATOR: Dr JC Ngwenya
MODULE TUTOR/ LECTURER: Ms B Mzobe
Office: CF146
Tel: 031 260 3621
Email: [email protected]
[email protected]

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Welcome
A warm welcome to Accounting Education 2. I hope that you will find this course both challenging and
rewarding. This module is the second Accounting Education specialisation module in the Accounting
Education major in the Bachelor of Education programme Senior Phase and FET.

INTRODUCTION TO THE MODULE:

Accounting is the discipline of communication, analysis and interpretation of financial information for the
making of appropriate and informed decisions. Accounting as a subject develops learners’ knowledge,
skills, values, attitudes and ability to make informed and meaningful personal and collaborative financial
decisions in economic and social environments. This module is a continuation of the first semester’s
introductory Accounting module, which equipped you (as a student) with knowledge that enabled you to
collect, classify, and communicate financial information. The module introduces more concepts and
techniques that form the basis for the study of Accounting, and the simplest form of entity type is
introduced, i.e. sole traders. Students will be given an opportunity to demonstrate their understanding of the
theory, nature and importance of the subject in the new curriculum through various formative and
summative assessments. Accounting is a practical subject that requires you to develop the following
fundamental skills:
 Critical thinking skills such as reasoning, logic and evaluation of alternatives (rather than calculation
of ‘right’ answers).
 An ability to apply principles and concepts to practical situations to solve problems.

To develop these skills, you must avoid “rote learning” and focus on understanding the principle behind the
application.

AIM OF THE MODULE

To develop knowledge and skills required for Accounting for Manufacturing concerns, Non-profit entities,
inventory management and Property, plant and equipment.

OUTCOMES FOR THE MODULE:

Students should be able to:
 Explain the accounting processes in manufacturing concern.
 Prepare the manufacturing ledger accounts.
 Prepare the manufacturing Income Statement
 Prepare the production cost statement
 Explain the basic accounting procedures of a Non-Profit Entity
 Prepare financial statements for a Non-Profit Entity
 Analyse, Interpret and evaluate the financial statements of a Non-Profit Entity.
 Prepare, analyse and interpret Property, Plant and Equipment (PPE) transactions.
 Apply accounting principles and procedures to inventories
 Develop awareness of accounting controls and ethical issues as it relates to Accounting and
society .

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Furthermore, the course has been designed with the objective of developing the following fundamental
competencies to assist you in your future studies and your future career:
 Study technique.
 Exam technique.

ASSESSMENT
Assignments and class tests (50%)
Examination (50%)

What are the D.P. requirements for this module?

A minimum year mark of 40%

CLASS EXERCISES, TUTORIAL ACTIVITIES AND ONLINE QUESTIONS (QUIZZES)

You will be expected to perform tasks during the academic period; such tasks include lecture (online class)
exercises and tutorials. It is imperative for you to do these tasks, as these will prepare you for
assessments. Your lecturer will allocate tutorials to you on a weekly basis. It is compulsory to complete all
tutorials. These tutorials are also designed for you to find out what you know already so that you may
identify your problem areas. Once you have attended all your lectures for the week, you will be in a position
to attempt the tutorial questions. It is essential that you attempt all tutorial questions and class exercises.

You will be required to register on the Oxford Online Resources in order to access your weekly online
quizzes. You will be provided with help to register. Make sure that you keep your login credentials safe
(write these down in your diary/cellphone notes). Online quizzes are compulsory for you to take. Access to
these online quizzes is controlled; these may only be accessible once the lecturer has released them. Your
lecturer will inform you when access to the quizzes will be open and when access would be closed. It is
only once the quiz has closed that you would you be able to see your score.

TESTS DATES
Dates for tests will be announced during the course of the semester. Your lecturer will also communicate
such dates in the lectures.

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PRESCRIBED TEXTBOOK
 Kew J. and Watson (2019). Financial Accounting an Introduction. An Oxford University Press.
Cape Town. South Africa

RECOMMENDED TEXTBOOKS AND READINGS

 Dempsey, A, Britz, PM, Joubert, JA, Watson, SA (2020). Introduction Financial Accounting. 10th
edition. Lexis Nexis. South Africa
 Haiden. M. (2019). 10th Edition. Accounting Makes Cents: A Conceptual Approach. Durban.
 Mans, K.N. (2014). Fundamentals of Financial Accounting 2nd Edition. LexisNexis, Durban
 Bruwer, J & Beck, T. (2016). Applied Accounting. South Africa: Oxford.

LECTURE ATTENDANCE
 Attendance of all lectures and tutorial sessions is compulsory.
 Punctuality is essential. Please do not arrive late for your lectures.

***Please bring your textbook, pen, ruler, pencil, calculator and writing pad to all lectures and
tutorial sessions***
CALCULATORS
Only non-programmable calculators may be used during tests.

CONSULTATION TIMES
Should you require academic assistance that relates to Accounting 2, please do not hesitate to make an
appointment for an online consultation with the lecturer at a time that suits both of you. Kindly email the
lecturer to secure an appointment. Please bring all appropriate materials to the consultation session
(textbook, calculator, the work you have attempted unsuccessfully or a question you need answered.)
Please adhere to the time allocated – do not arrive late for the consultation session.

PLAGIARISM, COPYRIGHT AND CHEATING

Students are urged to read the University policies on plagiarism, copyright and cheating. These policies
will provide the student with knowledge on how to prevent/avoid such unpleasant practices. The onus is on
the student to familiarize themselves with these policies at the commencement of the module.

Class Representative

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Students are expected to appoint class representatives whose responsibility is to liaise with the class and
the lecturer on academic matters relating to the module. The aim of having class representatives is to
enhance communication between students, the lecturers and the School.

General rules
• Arrive on time for all your online lectures and assessments.
• Read your prescribed textbook in advance in preparation for the lecture (pre-reading).
• Listen carefully during lectures. This is a great opportunity for you to understand core concepts and
for you to ask questions. Furthermore, you will reinforce the knowledge you gained during your pre-
reading.
• Switch off your cellphone (or put it on silent mode) during lectures.
• Should you need to leave the lecture before the scheduled end time, kindly please report to the
lecturer before the start of the lecture session. Thereafter, you can leave the venue quietly without
disturbing the teaching and learning process in the lecture.
• Laptops may be used for academic purposes only during a lecture (with prior consent from the
lecturer).
.
STUDENT SUPPORT

If you are having any personal or psychological problems or if wish to improve yourself and your academic
performance, please contact Student Support. Student Support can assist you with confidential counselling
and life skills training. The staff in the Unit are committed to the highest ethical standards.
Student Support provides students with a range of services, including those indicated below:
 Individual counselling
 Academic risk assessments
 Crisis management
 Career assessments
 Life skills support
 Study skills development

LIST OF TOPICS
SEMESTER TWO
Manufacturing Entities
 Understand the accounting processes in manufacturing concerns.
 Prepare the manufacturing ledger accounts.
 Prepare the manufacturing Income Statement
 Prepare the production cost statement.
Non-Profit Entities
 Explain the basic accounting procedures of a Non-Profit Entity

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  Prepare financial statements for a Non-Profit Entity
 Analyse, Interpret and evaluate the financial statements of a Non-Profit Entity.
Inventories
 Apply accounting principles and procedures to inventories
Property, Plant and Equipment (PPE)
 Prepare, analyse and interpret Property, Plant and Equipment (PPE)
Internal control and Ethics in Accounting
 Develop awareness of accounting controls and ethical issues as it relates to Accounting and
society

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