REGULATIONS FOR THE BACHELOR OF EDUCATION HONOURS DEGREE IN ACCOUNTING AND FINANCIAL LITERACY FOR DEVELOPMENT (EDU40)

Duration:                       2 years

Actual Credit Load           288

Minimum Credit Load: 240

Maximum Credit Load: 300

Total MBKS Credit Load: 192   

ZNQF Level:                         8

1.0 PURPOSE OF THE PROGRAMME

To prepare in-service teachers to teach Accounting up to ‘A’ Level and produce highly qualified personnel for educational institutions, government departments and Non-Governmental Organisations (NGOs).

2.0 ENTRY REQUIREMENTS

Normal Entry: Diploma/Certificate in Education or equivalent from an accredited and recognised institution.

3.0 PROGRAMME CHARACTERISTICS

Areas of Study: Accounting, Financial Literacy and Development Education

Specialist Focus: Training teachers in accounting education

Orientation: Application of accounting principles designed to promote financial prudence and innovation.  Teaching and learning strategies that equip students with practical skills.

 CAREER OPPORTUNITIES AND FURTHER EDUCATION

Employability: Graduates can be employed as teachers, lecturers, Education Inspectors, Training Officers, consultants, researchers etc.

Further Studies: Master’s and Doctoral studies in accounting education

PROGRAMME DELIVERY

Teaching and Learning Methods: Lectures, tutorials, laboratory classes, seminars, group work, industrial visits, micro-teaching, teaching practice, research project, individual independent study

Level 1 Semester 1

Code	Module Description	Credits
BED133	Instructional Technologies and Innovation	12
BED144	School Curriculum Competencies and Innovation	12
AFLD101	Basic Accounting Concepts and Principles	12
AFLD102	Financial Reporting	12
AFLD201	Financial Accounting for Companies	12
BCHS131	Culture and Heritage Studies	12

Level 1 Semester 2

Code	Module Description	Credits
AFLD305	Applied Economics I	12
BED133	Research Methods and Statistics	12
AFLD401	Management Accounting	12
AFLD202	Costing	12
–	Assessment and Evaluation Techniques	12
AFLD203	Applied Economics II	12

Level 2 Semester 1

Code	Module Description	Credits
AFLD403	Financial Statement Analysis	12
BEIE401	Entrepreneurship and Industrialisation in Education	12
BEFH231	School Administration and Financial Management	12
EDGS231	Gender Studies for Educators	12
BED132	Applied Educational Foundations	12
AFLD404	Methods of Teaching Accounting	12

Level 2 Semester 2

Code	Module Description	Credits
BED232	Project	24
AFLD405	Company Law and Financial Reporting	12
AFLD402	Audit Theory and Practice	12
BED135	Contemporary Issues in Education	12
–	Educational Management	12

MODULE SYNOPSES

BED140 Computer Applications in Education                                               

This module equips students with skills to design, develop, use and evaluate instructional media technologies that are used to improve teaching and learning. Instructional technologies covered include traditional materials such as chalkboards, hand-outs, charts, slides, overheads, real objects, and videotape or film, as well as new and emerging technologies computers multimedia, electronic whiteboards, Internet, and e-learning platforms.

 

BED144 Schools Curriculum Competencies and Innovation

The module introduces students to the schools’ curriculum and basic theories of curriculum development. It explores the philosophy of the Zimbabwean competence-based curriculum and its implications for teaching. The specific competencies in the curriculum are analysed in relation to how they empower students with life-long competencies that prepare students for sustainable livelihoods inside and outside formal employment. Such competencies include but are not limited to creativity, innovation, industrialisation, and entrepreneurship.

 

AFLD 101 Basic Accounting Concepts and Principles

This module is designed to introduce the basic accounting concepts and principles as a foundation for further study. It covers the definition of terms as well as the basic steps of accounting for business transactions.

 

AFLD102 Financial Reporting

This module is designed to introduce the presentation of basic financial statements such as the income statement and the statement of financial position, for both incorporated and non-corporate businesses. It also covers year-end adjustments for the financial statements.

 

AFLD201 Financial Accounting for Companies

The module is intended to enable students to gain knowledge and insight into the drafting of financial statements of companies to comply with the requirements of the Companies Act, Chapter 24:03 and International Financial Reporting Standards [IFRS’s]. The module also introduces the student to different types of financial instruments and their characteristics.

 

BCHS131 Culture and Heritage Studies

This module introduces scholars to the definition terms of culture and heritage. The module exposes the learners to issues like civic education, spirituality, and tangible and nontangible Zimbabwean resources. History of Zimbabwe and its different ethnic groupings in different geographical locations. Learners would be challenged to be tolerant and enjoy the multicultural status of the nation.

 

AFLD305 Applied Economics 1

The module focuses on basic economic problems, economic systems, demand and supply, market equilibrium, elasticity concepts, and the theory of the firm. It enables students to design strategies which address the basic economic problems to attain efficiency in the production and consumption of goods and services. Students shall apply elasticity concepts in production and consumption decision-making.

 

BED131 Research Methods and Statistics

The module introduces students to the basic principles of research. It develops the students’ knowledge and skills in the following areas: identification of research problems in education; selection of appropriate research designs and data collection tools; data analysis techniques; research findings and conclusions; and research report writing. The module also introduces students to educational research that is aligned with sustainable development issues such as environmental conservation and poverty eradication.

 

AFLD401 Management Accounting

This module introduces the student teachers to the concepts of management accounting as distinct from costing. It covers budgets and budgetary control, including various types of budgets and the needs for them and behavioural aspects of budgets.

The module also focuses on concepts of capital budgeting and capital investment appraisal. Specifically, it looks at the choice of different methods of assessing the viability of capital projects to further the goals of financial management.

 

AFLD202 Costing

This module is designed to cover basic costing concepts including the definition of cost terms and purposes including costs for inventory valuation and income determination, the behaviour of costs and the classification of costs from various perspectives. It also involves the two costing systems which are marginal (variable) costing and absorption (total) costing. The characteristics of each costing method are analysed

 

BED231 Assessment and Evaluation Techniques

The module covers assessment and evaluation issues in education across all subject areas. The content of the module includes an analysis of the concepts of evaluation, assessment and measurement in education; contemporary ideas on how to improve assessment and evaluation in schools; test designing; analysis of test results; national examinations and grading.

 

AFLD203 Applied Economics II

The thrust of the module is on budget constraints, utility maximisation, revealed preference, technology, profit maximisation, market structures, perfect competition, monopolistic competition, monopoly, and oligopoly. Utility maximisation is analysed graphically and mathematically. Students shall analyse profit- maximisation by firms operating in different market structures found in their economy.

 

AFLD403 Financial Statement Analysis

This module is designed to introduce the student teachers to concepts of financial statement analysis with a view to assessing a firm’s current strengths and weaknesses as well as its prospects. Various models of financial statement analysis shall be discussed.

 

BEIE501 Entrepreneurship and Industrialisation in Education

The module equips the students with entrepreneurial skills on how to set up and successfully operate business/production units within and outside educational environments. Students are expected to develop a conceptual framework for entrepreneurship and distinguish between wage employment, self-employment and entrepreneurship. Familiarisation with the incubation hub and the transformation of education into an industry are considered.

 

BEFM231 School Administration and Financial Management in Education

The module introduces students to sound administration and financial management practices followed in schools and other educational institutions. It tackles the basic tenets of the nature and purpose of administration and familiarises students with skills of budgeting and budgetary control. Students are further introduced to the accounting systems in schools and the interpretation of policies and statutes that govern financial and asset management in educational institutions.

 

EDGS231 Gender Studies for Educators

The module exposes students to the concept of gender and its significance to education. It also exposes students to how education spaces construct gender differences and the implications of these differences on learners and staff, and how schools can close the gender gap by studying theoretical perspectives on gender, cultural dimensions and their implications to education. It also exposes students to different empowerment frameworks and legislation.

 

AFLD404 Methods of Teaching Accounting

The module focuses on pedagogical approaches to the effective teaching and learning of accounting. It also covers the use of instructional media and the application of information and communication technology (ICT) in accounting education.                                                       

 

BED232 Research Project

In this final year, two-semester module each student carries out a research project in an area of his/her choice under the guidance of a supervisor. Through the study, students are expected to apply their knowledge and skills in research in the resolution of an identified research problem, as well as show their appreciation of research as a viable process of addressing contemporary challenges and issues in education and their local environments.

 

AFLD405 Company Law and Financial Reporting

The aim of the module is to equip the student with a sound understanding of the effects of company law on financial reporting. By the end of the module, the student should have mastered the Companies Act’s legal provisions on financial reporting. The student should also be able to understand the Zimbabwe Stock Exchange requirements in aiding financial reporting.

 

AFLD402 Audit Theory and Practice

The module introduces the student to auditing theory, which includes basic auditing concepts, approaches and generally accepted auditing standards. The module lays a foundation for more advanced studies in auditing at level four.

 

BED135 Contemporary Issues in Education

The module exposes students to the most current global trends like Globalisation, Millennium development goals, Gender, Human rights, and Health pandemics, how they feed into Agenda 2030 and also how they affect the Zimbabwean Education system.  The thrust is to leverage current trends in promoting innovation, industrialisation and modernisation through Education 5.0.