The Department of Accounting

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Dr Dumisani Madzivanyathi : Chairperson

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies and tax collection entities. Accounting is one of the key functions for almost any business; it may be handled by a bookkeeper and accountant at small firms or by sizable finance departments with dozens of employees at large companies.

The Department of Accounting offers the most popular and sought after Degree Programmes in Zimbabwe. It is well renowned for its  teaching and research on the economic, institutional and organisational aspects of accounting and financial management 

Thus said the Department  is committed to building partnerships and enhancing collaboration between the University and the business sector by offering an environment that fosters rigorous research across the entire spectrum of accounting for students, academics and professionals.

 

Programmes On Offer

Take a look what we are offering to you

Undegraduate Degree Programmes

Bachelor of Commerce Honours Degree in Accounting

A candidate for the full time B.Com. Accounting degree shall pursue an approved course of study for a period of not less than four academic years (including one year of industrial attachment) each year constituting a part of the programme except those joining the programme as special entrants and would have worked for a minimum of two years who may complete the programme in two years.

ENTRY QUALIFICATIONS
Candidates must have the following qualifications:-

  • Five ‘O’ level passes including English and Mathematics (A, B, or C Grades) At least two ‘A’ level passes.
  • A Level passes in at least two of the following subjects: Economics, Management of Business, Accounting and Mathematics.

There is also provision for mature entry for persons who may not have the appropriate academic qualifications for entry but who have suitable or relevant post-school experience and who satisfy the University and the Department of their ability to complete a degree course satisfactorily.

COURSE SYNOPSIS

PART 1- FIRST SEMESTER

CAC 1107 Financial Accounting IA
CIN 1106 Quantitative Analysis for Business I ( Refer to Insurance.) CBU 1108 Principles of Management (Refer to Business Management) CIN 1103 Commercial Law I ( Refer to Insurance.)
CBA 1104 Micro Economics (Refer to Banking)
CBU 1102 Business Communication (Refer to Business Management)

SECOND SEMESTER

CAC 1202 Financial Accounting 1B
CIN 1207 Quantitative Analysis for Business II (Refer to Insurance) CIN 1204 Commercial Law II(Refer to Insurance)
CBA 1205 Macro Economics (Refer to Banking)
CBU 1209 Principles of Marketing (Refer to Business Management) CAC 1203 Introduction to Information Technology

PART II FIRST SEMESTER

CAC 2101 Financial Accounting IIA
CFI 2101 Corporate Finance I (Refer to Finance.)
CAC 2103 Audit Skills
CAC 2104 Information Systems
CAC 2105 Management and Cost Accounting IA
CIN 2106 Company Law I (Refer to Insurance.)

SECOND SEMESTER
CAC 2201 Financial Accounting IIB proceeding to Management and Cost Accounting II.
CFI 2201 Corporate Finance II (Refer to Finance.)
CAC 2203 Audit Process
CAC 2204 Introduction to Taxation
CAC 2205 Management and Cost Accounting IB
CIN 2206 Company Law II (Refer to Insurance.)

PART III

CAC 3001 Industrial Attachment

PART IV FIRST SEMESTER
CAC 4101 Financial Reporting CAC 4102 Taxation I
CAC 4103 Audit Skills, Theory and Practice
CAC 4104 Accounting Information Systems
CAC 4105 Management and Cost Accounting II
CAC 4006 Research Project

SECOND SEMESTER

CAC 4201 Advanced Financial Accounting
CAC 4202 Taxation II
CAC 4203 Advanced Auditing
CAC 4204 Financial Management
CAC 4205 Strategic Management Accounting
CAC 4006 Research Project

 

Postgraduate Degree Programmes

Master of Science in Accounting and Finance
  • This programme is designed to enhance and develop the knowledge and skills of accounting in public practice, industry and academia. The degree encompasses studies at an advanced level in finance and managerial accounting, auditing, corporate and international finance and investments.
  • Students completing the programme would have studied all the necessary prerequisite courses to apply for associate membership of key Zimbabwean accounting professional bodies such as Institute of Chartered Secretaries and Administrators of Zimbabwe, ACCA, CIMA and CFA.

OBJECTIVES

  • To attain an advanced conceptual understanding of the fields of accounting and finance, complemented by a wide range of practical applications and case studies.
  • To gain an insight into research methodologies and techniques which extend and support their learning.
  • To expose them to the contemporary issues and problems confronting modern accountants and finance specialists.

AIMS

  •  The programme is tailored to provide accounting professionals with the necessary groundwork required within the accounting field, including the latest standards that represent best practices in the industry.

ENTRY REQUIREMENTS

  • For entry into the programme, a candidate must have a good honours degree or equivalent with a pass level of 2.2 or better from a recognised university in accounting and finance related fields. Working experience would be an added advantage.

THE PROGRAMME

  • Each course shall be taught for a total of 56 contact hours i.e. seven consecutive days of 8 hours each. Hence each semester shall comprise one intensive block of 28 days inclusive of weekends.
  • Formal examinations shall normally be held at the end of each part of the programme.
  • Candidates to be admitted to the examination must have satisfactorily attended courses of study including submission of required continuous assessment coursework. They should have also paid the required fees for the programme.
  • Examinations shall normally be by way of written papers. However, examiners are at liberty to request any candidate to undergo an oral examination in addition to the written examinations.
  • Coursework shall account for 30% of the overall assessment while the formal examination shall account for 70% of the overall assessment.
  • The pass mark shall be 50% based on the aggregate of continuous assessment and the examination.
  • Students can proceed to the next level carrying previous courses, provided they pass at least
  • 50% of the courses in the preceding stage. Students who fail to meet this condition are required to repeat the failed courses prior to proceeding to the next level. Students will not be allowed to proceed to Stage III carrying a Stage I course, neither will they be allowed to proceed to Stage IV (Dissertation stage) carrying any course from the preceding stages.

FAILURE TO SATISFY EXAMINERS

  • Supplementary examinations will not be offered.
  •  A candidate who fails more than 50% of the courses taken in a particular semester may, on the recommendations of Senate, be granted permission to repeat the failed courses. Nevertheless, a repeat student may be exempted from re-attendance and re-examination in any course(s) in which he/she previously passed.
  • A candidate who is not allowed to proceed to the subsequent part of the programme and has failed the same part of the programme twice will be required to withdraw from the programme.
  • Withdraw means that the candidate must withdraw from the University. Once withdrawn, the student may not apply for readmission until a period of two years has elapsed.
  • Appeals against termination of studies shall be handled in accordance with the University’s General Regulations.

MARKING SCHEME

The following marking scheme shall be adopted:

80%+                    Distinction

70%-79%              Merit

60%-69%             Credit

50%-59%              Pass

Below 40%           Repeat

AWARD OF DEGREE

  • To be eligible for the award of the MSc in Accounting and Finance Degree, a student must pass all the courses constituting the programme inclusive of the Dissertation.
  • Candidates who pass all the taught courses of the programme, but fail the dissertation twice, shall be awarded the Postgraduate Diploma in Accounting and Finance.

THE PROGRAMME STRUCTURE

Stage I (Core Modules)

  • CAC 5101 International Financial Reporting and Analysis
  • CAC 5102 Assurance and Management Control
  • CAC 5103 Accounting Information Systems and Technology
  • CAC 5104 International Governance and Regulation

Stage II (Core Modules)

  • CAC 5201 Advanced Financial Accounting
  • CAC 5202 Strategic Financial Management CAC 5203 Local and International Taxation CAC 5204 Project Management

Stage III (Core Modules)

  • CAC 5301 Advanced International Financial Reporting and Analysis
  • CAC 5302 Strategic Managerial Accounting and Performance Management
  • CAC 5303 Corporate Finance and Financial Markets

Elective Modules (Choose only one elective)

  • CAC 5304 Social Entrepreneurship
  • CAC 5305 Treasury Management and Ethics
  • CAC 5306 Public Sector Accounting
  • CAC 5307 Municipal Accounting
  • CAC 5308 Financial Markets Corporate Governance Ethics

Stage IV

  • CAC 5300 Dissertation
Post Graduate Certificate in the Theory of Accountancy (CTA)

Our Departmental Staff

Lecturer

Mr A. Mpofu


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Lecturer

Mr P. Korera


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Lecturer

Mr D. Madzivanyati


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Secretary

Mrs P dondo


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Lecturer

Mr B. Sibanda


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