SCHOOL OF ACCOUNTING

DEPARTMENT OF ACCOUNTING SCIENCES

ACCOUNTING 1
2026
South Campus and George Campus
Semester 1: Modules RV101 and RF1X1
Semester 2: Modules RV102, RGV102 and RGF1X2
THIS IS AN IMPORTANT DOCUMENT WHICH CONTAINS ALL RELEVANT INFORMATION FOR
THE MODULE. READ IT CAREFULLY AND CONSULT IT REGULARLY THROUGHOUT THE
YEAR.

LEARNING AND TEACHING PHILOSOPHY

To develop purposeful and meaningful educational experiences through a caring teaching practice,
thus producing innovative leaders as well as students who approach their learning with motivation
and confidence to succeed.
 -1-

CONTENT
Page
1. Accounting 1 staff 2
2. Teaching strategy 2
3. Course material 3
4. Prescribed textbook 3
5. DP requirements 4
6. Lectures 4
7. Tutorials 4
8. Assignments 5
9. Semester tests and exams 6
10. Weekly quiz 7
11. Group project 7
12. Calculation of marks 7
13. Stationery requirements 8
14. Supplemental Instruction (SI) 8
15. Additional reading 8
16. Re-exam, proceed and pass on link rules 8
17. Registration for semester 2 modules 9
18. Transfer between streams 9
19. Learning outcomes 10 – 12
Lecture, tutorial and assignment programme 1st semester 2026 13
 -2-

1. ACCOUNTING 1 STAFF
Academic Staff
NAME Module co-ordinator EMAIL OFFICE
Ms LD De Villiers RV101/RF1X1 and [Link]@[Link] Main Building
Co-ordinator RV102/RGV102/RGF1X2 (MB), 8th floor,
Accounting 1 South campus
Mr N Kader RV101/RF1X1 and [Link]@[Link] MB 8th floor,
RV102/RGV102/RGF1X2 South campus
Ms A Makubalo Accounting 1 [Link]@[Link] MB 7th floor,
South campus
Mr Y Vreken Accounting 1 [Link]@[Link] George campus
Ms S Terblanche RNCV111/RSS101 and [Link]@[Link] MB 8th floor,
RNCV112/RSS102 South campus
Ms B Peter RF1X0 [Link]@[Link] MB 8th floor,
South campus
Mr T Jagwanth RNCV111/RSS101 and [Link]@[Link] MB 8th floor,
RNCV112/RSS102 South campus

Administrative Assistant
NAME EMAIL CAMPUS OFFICE
Mr Moses Raseuku [Link]@[Link] South MB0824

Academic Advisor
NAME Modules EMAIL
Mr Luyolo Mdletye RV101 and RF1X1 (South) s227349407@[Link]
Ms Leigh Stear RNCV111, RSS101 and RF1X0 (South) s220672253@[Link]
Ms Aletta Xhaka RV101, RF1X1 and RF1X0 (George) s225004674@[Link]

Academic advisors will facilitate a weekly group session to assist with bridging knowledge gaps and skill
development and are also available for one-on-one consultations. Bookings for individual consultations can be
made on the Funda site. For the academic advisor to assist students with subject-related queries, students
should make a serious effort at their prescribed tutorial and assignment questions and bring their prepared
solutions to the sessions.

Communication with all students will be via email and the Funda site. It is university policy that a student
must use his/her student email account for all correspondence with university staff. It is the responsibility of
the student to check their student email regularly.

A student requiring assistance with a topic should first consult with his/her tutor at the tutorial session. If the
query is not resolved by the tutor, please contact the academic advisor. Only if the tutor and the academic
advisor are unable to assist, should consultation be arranged with the lecturer.

For administrative uncertainties, first read through this module guide and/or communications received on
Funda. By doing this you can often resolve the issue on your own. Please direct administrative queries and
non-lecture related queries to the administrative assistant.

2. TEACHING STRATEGY
At Nelson Mandela University we use a teaching model that has been praised by the South African Institute of
Chartered Accountants as a benchmark for other accredited universities. The teaching model is made up of
three major components – Lectures, Tutorials and Assignments. Each is vital and therefore attendance at
each is compulsory.

You should plan to spend a minimum of 8 hours per week EVERY WEEK on your Accounting module. These 8
hours include the core activities of working through the lecture material, participating in weekly tutorials,
doing your own weekly assignments, and marking your assignment attempts when the solutions are made
 -3-

available. Some students may need to work harder and require more hours than others to reach the required
level of competence. Accounting is a subject that requires consistent hard work and practise. Planning, being
organised and consistent hard work in accounting is key for success.

Students must supplement the lectures and tutorials with private study. You will find that most of your
learning takes place during private study. A study of accounting involves the solving of problems. To study
accounting effectively one needs to do a lot of practice exercises. The more practice exercises you do, the
more equipped you will be to cope with the tests and exams.

Students are expected to participate in module learning activities as indicated on the lecture programme (see
page 13) from the first day of lectures for each semester, even if registration and financial issues are still
being sorted out. Life-long learning is encouraged. Lecturers ensure that many different and varied learning
resources (e.g. lectures, tutorials, assignments, textbook, SI, academic advisor, past exam papers, etc.) are
available to students. It is the student’s responsibility to use the resources effectively to enhance their own
learning experience. Some of the resources are compulsory and some are not. Students are encouraged to
select what they need as an individual to develop their own ability.

The large class groups at the university make it difficult for lecturers to monitor the progress of each individual
student therefore, students are expected to monitor their own progress.

3. COURSE MATERIAL
This module makes use of online learning platforms. You will need to use a computer and/or your cell phone
to participate fully in the module. You may make use of the university Wi-Fi and computer labs to access the
online material.

The E-Learning site is called iLearn or Funda and is accessible on: [Link] The Funda site
for RV101/RF1X1 and RV102/RGV102/RGF1X2 can be accessed on the student portal. Login using your Nelson
Mandela domain username and password as well as the enrolment key (if necessary) given to you by your
lecturer.

Course material consists of:

 This module guide
 Lecture, tutorial and assignment programme (last page of module guide)
 Prescribed textbook for lecture material. Bring to every contact session.
 Lecture slides/recordings available on Funda.
 Tutorial and assignment exercise questions and their suggested solutions available on Funda.

Students are required to access all course material.

4. PRESCRIBED TEXTBOOK
Title: Introductory Accounting 2026
Authors: De Villiers, Prinsloo & Rowlands
ISBN: 978-0-620-81130-9
The prescribed textbook can be purchased from Van Schaik Bookstore.

This textbook is a workbook consisting of notes and lectures examples which will be used for lectures. This
book is supplemented with assignment and tutorial exercises, which are available on the Accounting 1 Funda
site. Students are advised not to purchase a previous year’s version of the book as it may be outdated and
sections in the workbook could already have been completed by the previous owner.

5. DP REQUIREMENTS
 -4-

In terms of the requirements set out in the university calendar you will not be permitted to write exams in a
module unless you have satisfactorily met the DP (due performance) requirements of the module.

To obtain your DP for the modules you must:

 Attend at least 75% of the tutorials per semester; and
 Satisfactorily complete and hand in at least 75% of the written assignments per semester; and
 Write both semester tests.

NOTE: Students are expected to attend 100% of the tutorials and hand in 100% of the assignment
submissions per semester. However, flexibility is permitted to accommodate illness and other unforeseen
circumstances. Thus, 25% of the tutorials and 25% of the assignment hand-ins per semester may be missed
without providing supporting documentation.

Note that the required hand-ins represent the minimum work expected of students and assumes that each
student is attending and participating actively in all lectures and tutorials, doing the prescribed reading, and
practice exercises for assignment submission in preparation for tests and exams. All students are encouraged
to exceed these requirements. It is essential that you develop an awareness of what you need to do for your
studies, and, where appropriate, exceed the DP requirements based on your progress.

6. LECTURES
South campus:
Day Time Venue
Tuesday 10:25 – 11:35 123 00 07
Thursday 13:05 – 14:15 123 00 07
George campus day, time and venue of contact sessions will be provided by your lecturer.

Lectures are the main medium for transmitting accounting knowledge and attendance at both lectures per
week is COMPULSORY. Attendance is taken at every lecture. Principle-based teaching is done to encourage
students to focus on understanding rather than simply learning. Lecture material is delivered in on-campus
lectures in semester 1. Lecture slides are provided on the Funda site after the lecture for your reference.
Please note that learning only the highly condensed information imparted on a lecture slide will not be
sufficient to pass the module. See the lecture programme on page 13 for the lecture examples that will be
covered each week.

In semester 2 we make use of the flipped classroom approach. Lecture material will consist of voice recorded
MS PowerPoint presentations that will be placed on the Funda site weekly on a Monday morning. The lecture
recordings must be worked through in the week that they are placed on Funda. It is important that you keep
up to date with the module and do not fall behind!

You will be expected to read through the relevant notes in your textbook before working through the lecture
recording. Be alert and intentional when working through the lecture recordings. Have paper, pen and
textbook with you, follow along with the textbook lecture examples and complete the relevant sections in your
textbook. The level at which lecture material is delivered assumes that you have read the notes on the topic
preceding the lecture examples in your prescribed textbook before working through the lecture recording.

On-campus overview sessions facilitated by a lecturer (flipped sessions) will take place on South campus in
semester 2 on a Tuesday at 10:25 and/or Thursday at 13:05 each week. These sessions are vital for students
to link concepts taught, demonstrate application, and consolidate understanding.

7. TUTORIALS
Lectures are supplemented by compulsory weekly tutorials. These are small groups of approximately 30
students led by a tutor, a senior student who has previously successfully completed Accounting 1. Tutorials are
70 minutes and are held every Monday. Tutorial times and venues are available on the Funda site.
Tutorials allow students to:
 -5-

 Consolidate their knowledge of accounting concepts that have been covered in lectures by completing
practice exercises and receiving feedback.
 Participate in problem solving, working in groups and/or independently.

Attendance at all weekly tutorials is COMPULSORY and forms part of the DP requirements of the module.
Attendance is taken at every tutorial. For attendance to be awarded, you must arrive punctually for the
tutorial, participate in the session and attend the entire duration of the session. See the lecture programme on
page 13 for tutorial dates.

A prescribed exercise based on the work covered in previous lectures is set for each tutorial and published
weekly on the Funda site. Students are required to have a copy of the exercise at the tutorial where they will
work through the exercise together with the assistance of the tutor. A suggested solution is made available to
students at the end of the tutorial. Students must mark their own attempt against the solution provided and
self-reflect on their knowledge of the content of the work.

Tutorial credits
There are a total of 12 tutorial weeks (see lecture programme on page 13), of which 9 (75%) will contribute
to 5% of your class mark. To obtain a credit for the tutorial week, you will need to:
 Attend and actively participate in the tutorial; and
 Submit your handwritten reflection (template available on Funda) of your marked tutorial exercise
together with your weekly assignment submission attempt.

Complete the tutorial self-reflection document template available on Funda after you have marked your
tutorial attempt. Your reflection must include responses to: Where did I go wrong, why did I go wrong, what
did I learn and what do I need to do to improve.

You will not get a credit if:

 You attend the tutorial but do not upload your handwritten tutorial reflection or assignment attempt.
 You upload your handwritten tutorial reflection and assignment attempt but do not attend the tutorial.
 You do not complete all questions of the tutorial reflection.
 You do not complete all the Required of the assigned assignment exercises.

How to join a tutorial group

Available tutorial time slots will be advertised on Funda site and students can select a group. All Accounting 1
students must complete the student information form and sign up for a tutorial group on Funda. Tutorial
group sizes are limited so sign-up takes place on a first come, first serve basis. Each Accounting 1 student must
sign up for one tutorial group and that selected group must be attended weekly for the semester. If you
attend a different tutorial group to the one you selected, attendance will not be awarded.

Ensure that you select a tut group in the first week of lectures. If you are not allocated to a tutorial group,
every tutorial missed will result in a loss of tutorial credit. Any tut group queries, please report to the
administrative assistant.

8. ASSIGNMENTS
The assignments are practice exercises that you must complete yourself and must be submitted each week.
The assigned exercises will be published weekly on the Funda site. A satisfactory attempt of every part of the
REQUIRED of the assignment exercises must be completed and submitted. The assignment exercises must be
handwritten by yourself on exam pad lined paper, scanned in, and uploaded in PDF format on Funda together
with your tutorial reflection with answers to all questions NOT LATER THAN 12:00 EVERY FRIDAY. Tick the
plagiarism declaration on Funda when you submit each week. There will be no extension to this deadline
whatsoever, so do not ask. No submission will result in no credit for the week.

If possible, use the CamScanner scanning app which can be downloaded using the following link
[Link] Photographs will not be accepted.
 -6-

Your tutor will check that you have made a satisfactory attempt and if so, will award you a credit. If no credit is
awarded, your tutor will provide you with feedback as to why the credit was not awarded so that you can take
corrective action for further submissions. The suggested solution will be provided after submission due date.
Please note that the tutor checks whether all that is required in each exercise has been done but does not
mark your answers given. IT IS YOUR RESPONSIBILITY TO MARK YOUR OWN ASSIGNMENT ATTEMPT
AGAINST THE SOLUTION PROVIDED ON FUNDA TO SEE WHAT YOU GOT RIGHT OR WRONG AND TO
UNDERSTAND WHY IT IS WRONG. Self-assessment, seeing what you have done wrong and then figuring out
why you got it wrong, is very important.

Although a lot of your time will be taken up with lectures and tutorials, most of your learning on this module
will take place through your reading and YOUR attempts at the written assignments. These are one of the
most important of all the learning activities and your attempts, even though incorrect, should be handed in
on the given deadline dates. This will allow you to judge your own progress.

The tutorial participation mark for a student will be calculated as the number of tutorial credits obtained over
75% of the number of scheduled tutorials (75% of 12 = 9). E.g. the tutorial mark for a student, B. Diligent, who
misses 4 tutorials will be as follows:

Student name Number of tutorials scheduled Number of tutorial credits awarded Tutorial score
B. Diligent 12 8 (12 less 4 tuts missed) 8 ÷ 9 = 88.89%

Under no circumstances will a student be able to apply for exemption to miss more than 25% of the tutorial
weeks (25% of 12 = 3). If a student registers late, tutorials missed will count as part of the 3 tutorial weeks a
student may miss. Tutorial credits cannot be made up if the tut and assignment submission deadline is past.
Students are encouraged to work through tutorial and assignment exercises missed in their private study time.

Students are encouraged to create study groups to work together weekly on assignments but please note that
it is unethical to copy another student’s work. Any student who is found to have copied any homework
assignment from another student will be referred to the University Disciplinary Committee. If found guilty,
you could be suspended from your studies for up to 12 months, forfeit all marks or credits for the module, be
expelled from the university and/or be fined up to R2 000. The offence, no matter how small, will be
permanently noted on your academic record and could result in future employers not wishing to employ you.

9. SEMESTER TESTS AND EXAMS

There are two semester tests during each semester and one three-hour exam at the end of each semester.
Both semester tests and the exam must be written. Semester tests and exams are written on campus.

Test dates are indicated on the lecture programme (see page 13). Please diarise the test dates to avoid clashes
with other modules. If clashes do occur, please report them to your lecturer as soon as you become aware of
them.
You will need to produce your student card at tests and exams. Test/exam booklets will be provided but you
must bring along your own calculator and other stationery requirements. You may not use cell phones as
calculators or for timekeeping in tests or exams. No allowance will be made for your failure to bring a
conventional calculator to the test or exam venue.

Absence from tests

It is only permissible to miss a semester test in exceptional circumstances. If you are absent from a test due to
ill health or any other valid reason, you must produce a medical certificate or any other supporting
documentation (e.g. death certificate, affidavit, etc.) within 7 working days after the test was written. Failure
to produce evidence will result in a loss of DP and no access to the exam. If medical certificates are found to be
either fraudulent or altered, they are referred to the University Disciplinary Committee, which could result in
expulsion and permanent endorsement on your academic record.
 -7-

Return of test scripts and the appeal process

Your test script is returned to you at the tutorial to allow you to see where you went wrong and find scope for
improvement. During the tutorial session in which scripts are returned, you will be given the opportunity to
check your script for any marking discrepancies and bring such discrepancies to the attention of your tutor. If
you wish your script to be re-marked, your script must be handed back to your tutor during the tutorial
session in which the scripts are returned and must be accompanied by a written appeal which clearly states
the discrepancy. Your entire script will be re-marked and your new mark (which may be higher or lower than
the published mark) will be recorded as the final mark.

Failure to re-submit the script in the tutorial session when they are handed out, will result in you forfeiting
your right to a re-mark. Students who miss the tutorial when scripts are handed back, can collect their script
from the administrative assistant. Uncollected scripts will be kept by the administrative assistant for one week
after the tutorial in which they were returned, after which any uncollected scripts will be destroyed.

[Link] QUIZ
The purpose of the weekly quiz is to determine your grasp of the basic concepts being covered in a particular
week from reading the textbook and/or notes, working through the lecture material and participating in
tutorials and assignments. Weekly quizzes are written on Funda on a Monday any time between 12:00 and
18:00. For each weekly quiz, you will have one attempt and a 10-minute time limit to answer 5 multiple choice
questions. Ensure that you have your calculator on hand before you begin. Your best 6 weekly quiz marks out
of the total of 9 will count towards your final mark for this module. If you do not write the weekly quiz, you
will be awarded a zero for that test.
Please commit yourself to making an honest and dutiful attempt during each weekly quiz and do not discuss
the quiz or the answers you submitted with any other candidate. These quizzes have been set up to provide
feedback on your learning during the module and rely on your honesty for you to achieve the maximum
benefit from them. See the lecture programme for weekly quiz dates.

[Link] PROJECT
Accounting 1 students take part in one accounting group project per semester which must be submitted on the
deadline date given on the lecture programme. The purpose of the group project is to encourage students to
work effectively as a team member. The group project will be made available during the semester and will be
based on module material. Students from a tutorial group will be assigned to groups to complete the group
project. All members of a group will be required to adequately participate to obtain a mark, and each group
member may be asked to review the other group members’ participation. The group projects will be marked,
and the mark obtained will be used in the calculation of your class mark.

[Link] OF MARKS
Your class mark will be made up of:
 Two written semester tests per semester each counting 40%. Both tests must be written.
 One group project per semester counting 10%.
 Weekly quiz on Funda (best 6 of 9) counting 5%.
 Weekly tutorial participation counting 5%.

Your final semester mark will be made up of 33% your class mark and 67% your exam mark (these weightings
could change if you are excused from a test – please discuss with your lecturer if this is so for you).

PLEASE NOTE: These weightings could be subject to change during the semester if any unforeseen
circumstances occur.
 -8-

[Link] REQUIREMENTS
Weekly assignments must be handwritten on A4 lined exam pad paper. No special accounting paper is
necessary. A calculator is a necessity. All students doing the second semester modules will require a financial
calculator. We use the Sharp EL 738.

[Link] INSTRUCTION (SI)

Supplemental Instruction (SI) is an academic assistance programme that improves student performance and is
led by students who have previously successfully completed Accounting 1 and have been trained in specific
teaching/learning theory and techniques, thus enabling them to facilitate and encourage collaborative
learning. The SI programme is voluntary, and full details will be communicated to students on the Funda site.

[Link] READING
During the module, it is advisable to spend time reading financial articles when time allows. As you progress
through your studies, an up-to-date knowledge about current affairs becomes more important.

Financial Mail online / Business Day online / Mail and Guardian online: [Link] (or
similar news websites for updates)
News 24 online: [Link]

We further recommend that you visit the following websites regularly for relevant and up-to-date information
about Financial Reporting issues:
[Link]
[Link]
[Link]

[Link]-EXAM, PROCEED AND PASS ON LINK RULES

A final mark of 50% or more is required to pass a module. A re-exam is granted to a student who failed the
original exam but obtained a final mark of 40% to 49% in the first semester and 45% to 49% in the second
semester. The rules for each module are as follows:

RV101/RF1X1 (Semester 1 modules)

Final mark less than 40% - Fail. May not proceed to RV102 or RGV102/RGF1X2
- No re-exam
Final mark of 40 – 44% for RV101 - Fail. May proceed to RGV102 (not RV102)
- Re-exam in RV101 in December 2026
Final mark of 45 – 49% for RV101 - Fail. May proceed to RGV102 or RV102 (only if registered in terms
of the University admission criteria for RV102)
- Re-exam in RV101 in December 2026
Final mark of 40 – 49% for RF1X1 - Fail. May proceed to RGF1X2
- Re-exam in RF1X1 in December 2026

RV102 and RGV102/RGF1X2 (Semester 2 modules)

Final mark less than 45% - Fail
- No re-exam
Final mark of 45 – 49% - Fail
- Re-exam in December 2026
 -9-

Proceed rules
Refer to re-exam rules above and the following:
Proceed to RV102 Must obtain a final mark of at least 45% for RV101 and be registered for RV102 in
terms of the University admission criteria
Proceed to RGV102 Must obtain a final mark of at least 40% for RV101/RF1X1 or must be registered
for RGV102/RGF1X2 in terms of the University admission criteria
Proceed to RV201 Must obtain a final mark of at least 55% for RV102 and must have passed RV101
Proceed to RGV201 Must have passed RGV102/RGF1X2 and RV101, OR
Must obtain a final mark of 50 to 54% for RV102 and have passed RV101

Pass on link rules

A student who is granted a re-exam for semester 1 modules will be eligible for Pass on link. Modules RV101
and RF1X1 may be “Passed on Link” by earning an aggregate mark for the semester 1 module and the relevant
semester 2 module of at least 50% and provided that at least a subminimum exam mark of 40% is achieved
for the semester 1 module.

Example:
 Student A scores a final mark of 40% for RV101 and is awarded a re-exam. The student proceeds to
RGV102 and scores 60% for that module [Average: (40% semester 1 + 60% semester 2) ÷ 2 = 50%]. The
student will be awarded a pass in RV101 (pass on link with code PN) and will not be required to write
the RV101 re-exam.
 Student B scores a final mark of 45% for RV101 and is awarded a re-exam. The student proceeds to
RV102 and scores 55% for that module [Average: (45% semester 1 + 55% semester 2) ÷ 2 = 50%]. The
student will be awarded a pass on link in RV101 and will not be required to write the RV101 re-exam.
 Student C scores a final mark of 40% for RV101 but his/her exam mark for RV101 was 35%. As exam
mark is less than 40%, the student will not be awarded a pass on link and must write the RV101 re-
exam.

[Link] FOR SEMESTER 2 MODULES

It is the individual student’s responsibility to register for the correct semester 2 module (RV102 or RGV102
or RGF1X2). It is the responsibility of the student to confirm their registration at the start of semester 2.

The following is applicable:

 A student may not register for both RV102 and RGV102. Either one or the other.
 If a student registers for RV101 and achieves MORE THAN 45% he/she may register for RV102 or
RGV102 (this rule is applied in terms of the Nelson Mandela University admission criteria).

[Link] BETWEEN STREAMS

Note the following:
 If a student scores BETWEEN 40% AND 44% for RV101 he/she must register for RGV102 (may not
register for RV102). If registered for RV102, student will be transferred to RGV102.
 If a student is registered for RV101 and RGV102 and achieves MORE THAN 65% FOR RV101 he/she
may apply to register for RV102 in the second semester (this rule is applied at the discretion of the
module co-ordinator of Accounting 1). Student can elect to transfer from RGV102 to RV102.

Students who register for RV102 and who wish to transfer to RGV102 during semester 2, must do so before
the deadline date that will be advised. Make enquiries from the lecturer on the relevant documentation that
must be completed and submitted.
 - 10 -

19. LEARNING OUTCOMES

RV101/RF1X1 ACCOUNTING 1A 10 credits

EVALUATION
This module will be assessed during a 1 x 3-hour examination in June.
33% class mark + 67% examination mark.
The subminimum mark for the module is 40% with RGV102/RGF1X2 as the couplet module and 45% with
RV102 as the couplet module.
This is a linked module, the relevant couplet module being RV102 or RGV102/RGF1X2.

PURPOSE
This module has been developed as the first introductory module in financial accounting. It has been designed
to cover a diverse range of vocations all requiring core introductory accounting knowledge and skills (NQF level
5). This module aims to equip students with an understanding of the concepts, principles, assumptions,
procedures and conventions and the development of skills which enable application of this knowledge in
practical circumstances. It will also lay the foundation for the second module in financial accounting in the first
year of study.

LEARNING OUTCOMES
 Understand the concepts, principles, and assumptions upon which the rules and procedures of double
entry bookkeeping are based.
 Understand the terminology used by accountants.
 Apply the rules and procedures of double entry bookkeeping to record the business transactions for a
sole trader (the simplest form of organisation).
 Account for the measurement of profit in a retail context using perpetual and periodic methods for
recording inventory and to account for inventory losses.
 The ability to prepare the annual financial statements of a sole trader (excluding statement of cash
flow).
 The ability to account for the valuation of different categories and types of assets i.e. non-current
assets and accounts receivable.
 The ability to process data using supplementary journals and post to the respective ledger accounts
including control accounts.
 Identify, analyse the cause of, and be able to account for the correction of various types of errors
which commonly occur in a manual accounting system.

CORE CONTENT
 The accounting cycle.
 Accounting for inventory, non-current assets and receivables and data processing (special journals).
 Accounting controls.
 Analysis and interpretation of financial statements.

PREREQUISITE MODULE(S)
None
 - 11 -

RV102 ACCOUNTING 1B 14 credits

EVALUATION
This module will be assessed during a 1 x 3-hour examination in November.
33% class mark + 67% examination mark.
The subminimum mark for the module is 45% with RV101 as the linked module.
This is a couplet module, the relevant linked module being RV101.

PURPOSE
This is the second module introducing students to financial accounting and has been designed primarily for
students who wish to become Chartered Accountants. The module also serves as a support module for those
students majoring in other disciplines (NQF level 5). This module will continue to equip the student to master
the necessary skills and knowledge required in this academic discipline drawing on the skills and knowledge
laid in the previous module.

LEARNING OUTCOMES
 Describe the purpose and functions of bank reconciliation and creditors’ reconciliation and prepare
reconciliation statements in the proper format.
 Understand the importance of cash flow for the internal management of a business, for external users
and how a statement of cash flow complements information provided by the income statement and
balance sheet.
 The ability to prepare the statement of cash flow of a sole trader.
 Account for share capital, reserves, provisions, debentures, dividends, taxation, deferred expenditure,
auditors’ remuneration, directors’ emoluments, and share buy backs in a company and correctly
disclose the balances arising from these transactions in the statement of financial position and
statement of comprehensive income at an introductory level that is consistent with International
Financial Reporting Standards.
 Analyse and interpret financial information disclosed on the annual financial statements.
 Understand the concepts, procedures and recording of transactions of a partnership, including profit
distribution, formation of a partnership, dissolution of a partnership and conversion of a partnership
to a company.
 To develop the ability to solve problems when dealing with the complexities of integrated questions
and complex calculations.

CORE CONTENT
 Revision of aspects of RV101.
 Accounting controls including bank and creditors’ reconciliation.
 Cash flows.
 Accounting for companies.
 Analysis and interpretation of financial statements.
 Accounting for partnerships.

PREREQUISITE MODULE(S)
Accounting 1A (RV101)
 - 12 -

RGV102/RGF1X2 GENERAL ACCOUNTING 1B 14 credits

EVALUATION
This module will be assessed during a 1 x 3-hour examination in November.
33% class mark + 67% examination mark.
The subminimum mark for the module is 45% with RV101/RF1X1 as the linked module.
This is a couplet module, the relevant linked module being RV101/RF1X1.

PURPOSE
This is the second module introducing students to financial accounting and has been designed primarily for
students who wish to become Professional Accountants. The module also serves as a support module for those
students majoring in other disciplines (NQF level 5). This module will continue to equip the student to master
the necessary skills and knowledge required in this academic discipline drawing on the skills and knowledge
laid in the previous module.

LEARNING OUTCOMES
 Describe the purpose and functions of bank reconciliation and creditors reconciliation and prepare
reconciliation statements in the proper format.
 Understand the importance of cash flow for the internal management of a business, for external users
and how a statement of cash flow complements information provided by the income statement and
balance sheet.
 The ability to prepare the statement of cash flow of a sole trader.
 Account for share capital, reserves, provisions, debentures, dividends, taxation, deferred expenditure,
auditors’ remuneration, directors’ emoluments, and share buy backs in a company and correctly
disclose the balances arising from these transactions in the statement of financial position and
statement of comprehensive income at an introductory level that is consistent with International
Financial Reporting Standards.
 Analyse and interpret financial information disclosed on the annual financial statements.
 Understand the concepts, procedures and recording of transactions of a partnership, including profit
distribution, formation of a partnership and the dissolution of a partnership.

CORE CONTENT
 Revision of aspects of RV101/RF1X1.
 Accounting controls including bank and creditors reconciliation.
 Cash flows.
 Accounting for companies.
 Analysis and interpretation of financial statements.
 Accounting for partnerships.

PREREQUISITE MODULE(S)
Accounting 1A (RV101 or RF1X1)
 - 13 -

RV101/RF1X1 LECTURE, TUTORIAL AND ASSIGNMENT PROGRAMME 1st semester 2026

WEEK BEGINNING LECTURES TUTORIAL WEEKLY ASSIGN-
Tuesday 10:25 and Thursday 13:05 in Monday QUIZ MENT
venue 123 0007 Submit tut Monday Friday 12pm
reflection on Fri Opens 12pm, (midday)
midday closes 6pm deadline
following tut
1 Feb Mon 9 NMU Lectures begin No tut No quiz No assign
Tues 10 Admin lecture@10:25
Thurs 12 Lecture Example 1.1

2 Feb Tues 17 Lecture Example 1.2 Tut 1 No quiz Assign 1

Thurs 19 Lecture Examples 1.3 + 1.4 (16/2) (20/2)
Ex1.1+1.4A Ex1.2+1.4A
3 Feb Tues 24 Lecture Examples 1.5 + 1.6 intro Tut 2 Quiz 1 Assign 2
Thurs 26 Lecture Example 1.6 (23/2) (23/2) (27/2)
4 Mar Tues 3 Lecture Example 1.7 Tut 3 Quiz 2 Assign 3
Thurs 5 Lecture Example 1.8 (2/3) (2/3) (6/3)
5 Mar Tues 10 Lecture Example 1.9 Tut 4 Quiz 3 Assign 4
Thurs 12 Lecture Example 1.10 (9/3) (9/3) (13/3)
Lecture Example 1.11 recording
6 Mar Tues 17 Lecture Examples 1.12 + 1.13 Tut 5 Quiz 4 Assign 5
Thurs 19 SEMESTER TEST 1 (1.1 to 1.11) (16/3) (16/3) (20/3)
7 Mar Tues 24 Lecture Example 2.1 Tut 6 Quiz 5 Assign 6
Wed 25 End of teaching cycle 1 (23/3) (23/3) (Wed 25/3)
RECESS: Thursday 26 March – Monday 6 April 2026
8 April Mon 6 Public holiday No tut No quiz Assign 7
Tues 7 Lecture Examples 2.2 + 2.3 (10/4)
Thurs 9 Lecture Examples 2.4 + 2.5
9 April Tues 14 Lecture Examples 2.6 + 2.7 Tut 7 Quiz 6 Assign 8
Thurs 16 Lecture Example 3.1 (13/4) (13/4) (17/4)
10 April Tues 21 Lecture Examples 3.2 to 3.4 Tut 8 Quiz 7 Assign 9
Thurs 23 SEMESTER TEST 2 (1.1 to 3.1) (20/4) (20/4) (24/4)
11 April Mon 27 Public holiday No tut No quiz Assign 10
Tues 28 Lecture Examples 3.5 + 3.6 (Thurs 30/4)
Thurs 30 Lecture Example 3.7
May Fri 1 Public holiday
12 May Tues 5 Lecture Examples 4.1 + 4.2 Tut 9 Quiz 8 Assign 11
Thurs 7 Lecture Example 5.1 (4/5) (4/5) (8/5)
13 May Mon 11 Group project deadline Tut 10 Quiz 9 Assign 12
Tues 12 Lecture Examples 5.2 + 5.3 (11/5) (11/5) (15/5)
Thurs 14 Lecture Example 6.1
14 May Tues 19 Lecture Example 6.2 Tut 11 No quiz Assign 13
Thurs 21 Revision lecture (18/5) (22/5)
Fri 22 Lectures end
STUDY PERIOD: Monday 25 May 2026
EXAMINATIONS: Tuesday 26 May – Friday 19 June 2026

NOTE: This programme could be subject to change during the semester.