The Financial Accountant in Commerce (FAC) designation is offered by the Institute of Accounting and Commerce of South Africa (IAC). [internal link]
Duties of a Financial Accountant in Commerce (FAC) include the preparation of annual financial statements for their employers or clients and the control, gathering, analysis and interpretation of financial information. Notably, a Financial Accountant in Commerce cannot act as an Accounting Officer. This designation requires a minimum NQF level 7 qualification [internal link], such as the Bachelor of Commerce in Accounting [internal link]. UJ Online [external partner link] offers an online Bachelor of Commerce in Accountancy [partner link] degree.