We cover the full syllabus for MAC2601 with video lectures, explaining everything you need to know about MAC2601. Our videos explain the syllabus simply, so you’ll be able to apply it to any situation.

MAC2601 is often referred to as Cost Accounting. The job of the management accountant is to make business decisions, plan operations and control costs so that the company is run profitably. In our lectures, we explain the ‘what’ and the ‘why’ before showing you how it is done.

The better you understand the theory (principles), the easier you’ll be able to apply it to a wide range of scenarios. If you focus on really understanding the theory, you will have much less to memorise, and you might even start enjoying management accounting as much as we do.

TOPICS

• Introduction to Management Accounting
• Cost Concepts and Classification
• Cost Accounting Systems
• Cost Estimation
• Cost-Volume-Profit Analysis
• Accounting for Material, Labour and Overheads
• Cost Flow Assumptions and Cost Formulae
• Methods for the Treatment of Fixed Production Overheads
• Determination of Overheads Recovery Rates
• Methods for Accumulating Production Costs
• Joint and By-products
• Corporate Strategy and Ethical Leadership
• Budgeting and Budgetary Control
• Standard Costing
• Relevant Costing for Short-term Decision-making
• Sensitivity Analysis

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT THE 1ST SEMESTER OF 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for MAC2602 with video lectures, explaining everything you need to know about MAC2602. We explain the principles in easy-to-understand language so you’ll be able to apply it to any situation. In our lectures, we explain the ‘what’ and the ‘why’ before showing you how it is done.

The better you understand the theory (principles), the easier you’ll be able to apply it to a wide range of scenarios. If you focus on really understanding the theory, you will have much less to memorise, and you might even start enjoying Financial Management as much as we do.

TOPICS

• Before You Start: Introduction to Financial Management

• Development of the Organisation's Strategy

• Introduction to Financial Management

• Time Value of Money

• Sources and Forms of Finance

• Capital Structure

• Cost of Capital

• Analysis of Financial Information

• Working Capital

• Capital Investments and Capital Budgeting Techniques

• Risk Management

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT THE 1ST SEMESTER OF 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for MAC3761 (the year-long module combining MAC3701 and MAC3702) with video lectures, explaining everything you need to know about MAC3761. We explain the principles in easy-to-understand language, so you’ll be able to apply them to any situation.

Apart from a few new topics, the principles covered in MAC3761 are similar to what you’ve already done in second year Management Accounting (MAC2601) and Financial Management (MAC2602), just at a more advanced level. Before each topic is briefly recapped, you get the opportunity to test your own understanding. If you are not comfortable with the basics, you can watch the revision lectures, or you can skip ahead to the new work. Since students usually struggle with ManAcc due to not understanding the basics, we start the third year work by explaining the ‘what’ and the ‘why’ of each topic.

Our lectures focus on really understanding what problems the principles try to address and why they are important, before showing you how to apply them with illustrative examples. Even though many students find Management Accounting and Financial Management intimidating, we believe anyone can pass them, and who knows, maybe even enjoy them!

TOPICS (INCLUDES REVISION OF KEY CONCEPTS FROM MANACC 2)

Management Accounting

• Introduction to management accounting

• Planning and controlling inventory

• Further issues in overhead allocations

• Cost estimation and cost behaviour

• Process costing

• Joint and by-product costing

• The operating budget

Financial Management

• Before you start: introduction to financial management

• Advanced analysis of information

• Risk and return

• Sources and forms of long-term finance

• Weighted average cost of capital (WACC)

• Advanced capital budgeting

• Mergers & acquisitions: business and legal aspects

• Valuation of equity

• Treasury function: cash management

• Treasury function: managing currency and interest rate risks

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE OCTOBER/NOVEMBER EXAMINATIONS HAVE BEEN WRITTEN.

This course covers the full FAC3764 syllabus with online video lectures. The course revisits some topics covered in 2nd year, builds on these and introduces some new topics.

In these videos we will also be teaching you what the various IFRS standards are there for, how they’re structured, how they work, and how they’re presented on the financial statements. The second part of the course covers group accounting.

Our lecturers make use of a journal approach which has proven to aid students greatly in understanding very complex consolidations.

TOPICS/STANDARDS

• Conceptual framework for financial reporting

• Income taxes (IAS 12 and FRG1)

• Revenue from contracts with customers (IFRS 15)

• Leases (IFRS 16)

• Property, plant and equipment (IAS 16)

• Investment property (IAS 40)

• Fair value (IFRS 13)

• Intangible assets (IAS 38)

• Impairment of assets (IAS 36)

• Non-current assets held for sale and discontinued operations (IFRS 5)

• Accounting policies, changes in accounting estimates and errors (IAS 8)

• The effects of changes in foreign exchange rates (IAS 21)

• Financial instruments (IFRS 9 and IAS 32)

• Employee benefits (IAS 19)

• Revision: Introduction to Groups

• Revision: Intercompany Transactions and Balances

• Business Combinations: At Acquisition (IFRS 3)

• Business Combinations: After Acquisition (IFRS 3)

• Simple Groups

• Joint arrangements (including Joint Ventures)

• Associates

• Related Party Disclosures (IAS 24)

• Changes in Ownership

• Different reporting frameworks, accounting theories and emerging accounting trends

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE OCTOBER/NOVEMBER EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for TAX3761 (the year-long module combining TAX3701 and TAX3702) with video lectures, explaining everything you need to know about TAX3761. We explain the syllabus simply, so you’ll be able to apply it to any situation.

TAX3761 will be your second year of exposure to Tax. The volume is slightly greater than TAX2601 and, at first glance, there seems to be some duplication of a lot of the TAX2601 content. This is simply because the topics are now integrated with the new topics – for example, capital allowances (covered in TAX2601) are now integrated with value-added tax (a new topic).

A lot of students study Tax very theoretically and spend a lot of time memorising it, but it’s actually one of the most practical of your subjects - calculating and submitting tax returns for yourself and others is a highly sought-after skill, and very practical in nature!

Our lectures are great at explaining why each of these sections exists, and how to work with them. Yes, there are a lot of Tax Act sections you need to know, but if you understand what they’re intended to achieve, it makes your studying a lot easier.

TOPICS

• Value-Added Tax

• Gross Income

• Special Inclusions

• Exempt Income

• General Deductions

• Special Deductions and Allowances

• Capital Allowances

• Capital Gains Tax

• Taxation of Companies and Dividends Tax

• Individuals Income and Expenses

• Fringe Benefits and Allowances

• Retirement Lumps Sum Benefits

• Non-Residents

• Prepaid Taxes and Provisional Tax

• Trusts

• Donations Tax

• Estate Duty

• Ethics and the Tax Practitioner

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for AUE3761 (the year-long module combining AUE3701 and AUE3702) with video lectures, explaining everything you need to know about AUE3761. We explain the syllabus simply, so you’ll be able to apply it to any situation.

The AUE3761 course basically covers the full audit process. We go back to the same principles of the audit process that you studied in AUE2601, and then go into extra detail and teach you how to analyse more complex situations, so you will be able to apply the principles you have already learned to case studies.

There is a big section on evidence. It’s one topic, but it’s a BIG one, with lots of sub-sections. It teaches you what you can and can’t use as ‘proof’ for your audit opinion, and how to obtain it. There are quite a few ISA (International Standards of Auditing) chapters in there, so students tend to memorise these, but we spend some time explaining them so that you understand them and can easily work with them in questions.

After you’ve gathered your evidence, you need to go through it all and assess whether you have enough (evaluation of evidence) and make a conclusion about what this evidence tells you about the financial statements (i.e. your audit opinion).

TOPICS

• Pre-engagement activities

• Risk and audit planning

• Obtaining audit evidence

• Internal control and the business cycles

• Tests of control (manual and computerised)

• Your knowledge of controls (general, application and cycles) are assumed knowledge from second year. We’ve added these topics into Audit 3X for you as well, in case you need revision or a better understanding

• Substantive procedures: our 'party trick'

• The international standards on auditing relating to evidence (The 500 and 600 series)

• Formulating substantive procedures (including CAATs)

• Analytical procedures

• Auditing the cycles (All the business cycles)

• Evaluating misstatements

• Concluding on audit evidence (including related parties, subsequent events and going concern

• Audit reporting

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE OCTOBER/NOVEMBER EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for TAX2601 with video lectures, explaining everything you need to know about TAX2601. We explain the syllabus simply, so you’ll be able to apply it to any situation.

TAX2601 will be most students’ first exposure to Tax. A lot of students study this very theoretically and spend a lot of time memorising it. It’s actually one of the most practical of your subjects - calculating and submitting tax returns for yourself and others is a highly sought-after skill, and very practical!

Our lectures are great at explaining why each of these sections exists, and how to work with them. Yes, there’s a lot of Tax Act sections you need to know, but if you understand what they’re intended to achieve, it makes your studying a lot easier.

TOPICS

• Different Types of Taxpayers (People, Companies, etc.)

• What ‘Income’ Should Be Taxed?

• What can Taxpayers ‘Deduct’ from their Income Tax (What can you claim as tax expenses to reduce your tax?)

• Tax Implications of Inventory and Fixed Assets (You haven’t sold it, is there tax on it?)

• Capital Gains Tax (There are different tax calculations when you sell assets that aren’t part of your ‘normal’ business)

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT THE 1ST SEMESTER IN 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for FAC2601 with video lectures, explaining everything you need to know about FAC2601. We explain the syllabus simply, so you’ll be able to apply it to any situation.

This module is a bit more technical compared to FAC1502, but our videos help you navigate through the detail of the work by simplifying those tricky concepts and showing you how it all translates to an exam scenario.

TOPICS/STANDARDS

• Introduction to Company Financial Statements

• Share Transactions

• The Framework of Accounting

• Presentation of Financial Statements (IAS 1)

• Statement of Profit or Loss and Other Comprehensive Income, Statement of Changes in Equity and Relevant Notes.

• Statement of Financial Position and Relevant Notes.

• Inventory (IAS 2)

• Property, Plant and Equipment (IAS 16)

• Investment Property (IAS 40)

• Financial Calculator Tutorials

• Leases (IFRS 16)

• Financial Instruments (IFRS 9 and IAS 32)

• Revenue from Contracts with Customers (IFRS 15)

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT THE 1ST SEMESTER IN 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for FAC2602 with video lectures, explaining everything you need to know about FAC2602. We explain the syllabus simply, so you’ll be able to apply it to any situation.

FAC2602 introduces you to Consolidations for the first time. Although there’s only one topic in this module (and of course Statement of Cash Flows), there’s a lot you need to learn! You’ve learnt how to create financial information and Financial Statements for individual companies up to now, but how do you account for companies that own other companies? You need to create Financial Statements for Groups of Companies.

Our videos will show you how to do this - from the day you buy another company, to the Financial Statements at year-end.

TOPICS/STANDARDS

• Introduction to Groups

• Consolidation of Subsidiary at Date of Acquisition

• Consolidation of Subsidiary after Date of Acquisition

• Acquisition of a Subsidiary during the year

• Intercompany Transactions and Balances

• Treatment of Dividends during Consolidation

• Treatment of Preference Shares during Consolidation

• Statement of Cash Flows

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT THE 1ST SEMESTER IN 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for AUE2601 with video lectures, explaining everything you need to know about AUE2601. We explain the syllabus simply, so you’ll be able to apply it to any situation.

You begin your Auditing study journey with AUE2601. It starts by explaining what Auditing actually is, and the laws and ethics we need as professionals. We’ve explained these really simply. There is some theory here, so the more you really understand it, the less you need to memorise the work.

It also introduces you to the entire Audit Process. It’s not in massive detail at this level, but it gives you a good basis of understanding of how you ‘do’ an audit, and this is really valuable for the next modules.

TOPICS

• Introduction to Auditing

• Regulation of the Auditor: The Auditing Professions Act of 2005

• Regulation of the Auditor: The Companies Act of 2008

• Regulation of the Auditor: The Code of Professional Conduct

• Regulation of the Auditor: IRBA's Rules for Improper Conduct - Quality Control

• The Audit Process: Overview

• The Audit Process: Pre-Engagement Activities

• The Audit Process: Planning

• The Audit Process: Evidence

• The Audit Process: Finalisation

• Engagements to Review Historical Financial Statements

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT THE 1ST SEMESTER IN 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for AUE2602 with video lectures, explaining everything you need to know about AUE2602. We explain the syllabus simply, so you’ll be able to apply it to any situation.

This module covers how management should set up their business. You’ll learn the documents, systems and controls management should put in place for all their different transactions (this includes both manual and computerised controls).

Good controls start from the top management at any company. So this module also goes through the ‘bigger’ controls that the directors should have in place. This is covered in Corporate Governance (King IV, and the sections of the Companies Act that relates to what directors should be doing).

TOPICS

• Corporate Governance and Statutory Matters

• Internal Control

• General Controls

• Application Controls

• Business Cycles

• Revenue and Receipts

• Acquisitions and Payments

• Inventory and Production

• Personnel and Payroll

• Finance and Investment

PLEASE NOTE: THIS COURSE IS DESIGNED TO SUPPORT THE 1ST SEMESTER IN 2025 ONLY. PURCHASE WILL GIVE YOU ACCESS TO THIS COURSE UNTIL THE MAY/JUN EXAMINATIONS HAVE BEEN WRITTEN.

We cover the full syllabus for FAC1502 with video lectures, explaining everything you need to know about FAC1502. We explain the syllabus simply, so you’ll be able to apply it to any situation.

This module starts your Accounting journey. Our videos are designed for people who have never studied Accounting (or studied years ago!). We haven’t assumed any knowledge. Our videos focus on explaining the concepts really simply, so that you understand what you’re doing and why. This is going to save a lot of time, because there’s WAY too much in here for you to memorise.

TOPICS/STANDARDS

• The Nature of Accounting Theory, Principles, Accounting Policy, Practice and Procedures

• Financial Position

• The Financial Performance - The Result

• The Double-Entry System and the Accounting Process

• Financial Accounting Concepts, Principles and Procedures

• Processing Accounting Data (VAT, sales and purchases journals)

• Adjustments

• The Closing-off Procedure, Determining Profit of an Entity and Preparing Financial Statements

• Cash and Cash Equivalents

• Trade and Other Receivables

• Inventory

• Property, Plant and Equipment

• Other Non-Current Assets

• Current Liabilities

• Non-Current Liabilities

• Financial Statements of a Sole Proprietorship

• Non Profit Entities

• Incomplete Records

PLEASE NOTE: THIS COURSE IS CURRENTLY FREE. THIS MIGHT CHANGE IN THE FUTURE. IF YOU ENROL NOW, YOU WILL GET ACCESS TO THE COURSE FOR ONE SEMESTER.

We cover the full syllabus for FAC1601 with video lectures, explaining everything you need to know about FAC1601. We explain the syllabus simply, so you’ll be able to apply it to any situation.

FAC1601 uses the knowledge you learnt from FAC1502. It assumes you know how to create basic Financial Statements, and then builds on that by adding new transactions and accounts, and another financial statement - the Cash Flow Statement.

It introduces you to Partnership Accounting (as opposed to Accounting for Companies, which is what FAC1502 covers). Although this is tricky, you’ll use most of your accounting knowledge for this, so you just need to focus on the areas where partnerships are different to companies.Our videos will help save you time on the explanations, but you’ll need to practice the work!

TOPICS/STANDARDS

• Introduction to the Preparation of Financial Statements

• Financial statements of a Sole Proprietorship

• Establishment and Financial Statement of a Partnership

• Changes in the Ownership Structure of Partnerships

• The Liquidation of a Partnership

• Close Corporations

• Introduction to Companies

• Statement of Cash Flows

• Analysis and interpretation of Financial Statements

• Revision - Property, Plant and Equipment (Revision of your basics from FinAcc 1A)

PLEASE NOTE: THIS COURSE IS CURRENTLY FREE. THIS MIGHT CHANGE IN THE FUTURE. IF YOU ENROL NOW, YOU WILL GET ACCESS TO THE COURSE FOR ONE SEMESTER.

This bundle includes AUE3761, FAC3764, MAC3761, and TAX3761.  These courses are needed for the Advanced Diploma in Accounting Sciences (98230) and can be found in the 3rd year BCom(pt) (98302).

Each course covers the full UNISA syllabus with online video lectures and lecturer support via direct e-mail. We explain the principles in easy-to-understand language so you’ll be able to apply it to any situation.