What to Study Next After Higher Certificate in Accounting?
If you’ve completed a Higher Certificate in Accounting and are wondering what your next steps should be, you’re in the right place. From a Bachelor of Accounting Science to advanced diplomas and professional certifications, there are numerous pathways to enhance your career prospects and expertise.
Read on to discover specific qualifications, the time frames involved, and how they can shape your future in the accounting field.
Read: Higher Certificate in Accounting Course at TUT
List of What to Study Next After Higher Certificate in Accounting?
Completing a Higher Certificate in Accounting is a significant milestone that lays a solid foundation in accounting principles and practices. This qualification opens up various avenues for further studies, allowing you to advance your knowledge and career prospects in the field of accounting and finance. Here, we explore some of the qualifications you can pursue after obtaining your Higher Certificate in Accounting, with detailed information on each option.
Bachelor of Accounting Science (BAccSci)
A Bachelor of Accounting Science (BAccSci) is a logical next step after completing a Higher Certificate in Accounting. This undergraduate degree typically takes three to four years to complete and is offered by several reputable universities in South Africa, including the University of South Africa (UNISA), Wits, and the University of Johannesburg (UJ). The BAccSci program covers in-depth topics such as financial accounting, management accounting, auditing, and taxation.
For example, at UNISA, the Bachelor of Accounting Science program is designed to meet the requirements of the South African Institute of Chartered Accountants (SAICA), providing a pathway to becoming a Chartered Accountant (CA(SA)). The program includes rigorous coursework and examinations that prepare students for the Initial Test of Competence (ITC) and the Assessment of Professional Competence (APC), essential steps in the CA(SA) qualification process.
Diploma in Accounting
A Diploma in Accounting is another excellent option for further studies. This program typically takes two to three years to complete and provides more practical and technical training in accounting compared to a degree. It is available at institutions like the University of Johannesburg (UJ) and the Durban University of Technology (DUT).
Read: Diploma in Accounting Course at TUT
The Diploma in Accounting at UJ, for example, includes modules on computerized accounting systems, cost and management accounting, taxation, and financial accounting. This qualification is designed to prepare students for middle-level accounting positions and offers a more hands-on approach to learning.
Read: Bachelor of Accounting (CA) Course Requirements at UJ
Advanced Diploma in Accounting
An Advanced Diploma in Accounting is suitable for those who have completed a diploma or a higher certificate and wish to gain more specialized knowledge. This program usually takes one year to complete and is available at institutions like UNISA and the Cape Peninsula University of Technology (CPUT).
Check these Courses:
- Advanced Diploma in Accounting at Unisa
- Advanced Diploma in Accounting at DUT
- Advanced Diploma in Accounting at UJ
The Advanced Diploma in Accounting at CPUT includes advanced topics in financial accounting, auditing, taxation, and management accounting. This qualification is particularly useful for those aiming to pursue professional accounting certifications or higher-level positions within the accounting field.
Bachelor of Commerce (BCom) in Accounting
A Bachelor of Commerce (BCom) in Accounting is another pathway that provides a broader business education while focusing on accounting. This program typically spans three to four years and is offered by many universities, including the University of Cape Town (UCT) and the University of Pretoria (UP).
Read: What Subjects are Needed to Become an Accountant in South Africa
At UCT, the BCom in Accounting program integrates accounting with economics, business law, and information systems, providing a comprehensive education that prepares students for various roles in business and finance. Graduates can pursue careers as accountants, financial analysts, and auditors, or continue their studies towards becoming Chartered Accountants.
Read: Diploma in Accounting Course Requirements at TUT
Professional Certifications
In addition to academic qualifications, pursuing professional certifications can significantly enhance your career prospects. After completing a Higher Certificate in Accounting, you may consider certifications such as:
- Chartered Accountant (CA(SA)): Offered by the South African Institute of Chartered Accountants (SAICA), this certification requires completing a Bachelor of Accounting Science, passing the ITC and APC exams, and fulfilling practical experience requirements.
- Certified Professional Accountant (CPA): Offered by the South African Institute of Professional Accountants (SAIPA), this certification requires completing an accredited accounting degree or diploma and passing the Professional Evaluation exam.
- Association of Chartered Certified Accountants (ACCA): This global certification offers a flexible pathway to becoming a chartered certified accountant and is recognized in many countries.
Future Prospects
The accounting profession offers a wide range of career opportunities, including roles in public accounting, corporate finance, auditing, taxation, and management consulting. The demand for skilled accountants is expected to remain strong, with opportunities for advancement and specialization.
By pursuing further studies after obtaining a Higher Certificate in Accounting, you position yourself for success in a dynamic and rewarding field. Whether you choose to continue your education through a degree, diploma, or professional certification, each step will bring you closer to achieving your career goals in accounting and finance.