SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Apply the processes of planning and control as it relates to budgeting, standard costing and decentralised control 
SAQA US ID UNIT STANDARD TITLE
13102  Apply the processes of planning and control as it relates to budgeting, standard costing and decentralised control 
ORIGINATOR
SGB HET Accountancy and Financial Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
FASSET - Financial and Accounting Services SETA 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  15 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
People credited with this unit standard are able to implement the concepts of budgeting, standard costing and decentralised control in order to apply the process of planning and control. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Unit standard, Record, analyse and prepare cost information, NQF level 5. 

UNIT STANDARD RANGE 
Budgeting, standard costing and decentralised control. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Apply the concept of budgeting. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. A variety of budgets are defined and prepared according to recognized accounting procedures. 
ASSESSMENT CRITERION RANGE 
Including responsibility centres, master, capital, cash and subsidiary budgets, fixed and flexible budgets, zero based budgeting, activity based budgeting
 

ASSESSMENT CRITERION 2 
2. The applications of a zero based budget are applied in line with the principles of budgeting. 

SPECIFIC OUTCOME 2 
Apply the concept of standard costing. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The objectives of a standard costing system are explained per the accepted accounting explanations. 

ASSESSMENT CRITERION 2 
2. A standard costing system is designed and standards are determined using accepted accounting methods. 

ASSESSMENT CRITERION 3 
3. A variance analysis is prepared by calculating the variances based on job and process costing systems and variable and absorption costing approaches and using accepted accounting methods. 

ASSESSMENT CRITERION 4 
4. A report on the variance analysis is prepared in line with the principles of planning and control. 

ASSESSMENT CRITERION 5 
5. A reconciliation of budgeted profit to actual profit is prepared and variances are accounted for using generally accepted accounting methods. 

ASSESSMENT CRITERION 6 
6. The various reasons for the variances occurring are determined in line with the principles of planning and control. 

SPECIFIC OUTCOME 3 
Explain and apply the concept of decentralised control. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The advantages and disadvantages of a decentralised control system are discussed in the light of the accepted principles of planning and control. 

ASSESSMENT CRITERION 2 
2. The choice between cost, profit and investment centres is explained according to the recognised principles of planning and control. 

ASSESSMENT CRITERION 3 
3. The performance of decentralised units is measured by applying the return on investment and residual income methods. 

ASSESSMENT CRITERION 4 
4. The aims of transfer pricing are explained as defined in accounting policy documents. 

ASSESSMENT CRITERION 5 
5. A transfer price based on market and cost based information is defined according to accepted accounting definition. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
Accreditation for this unit standard shall be obtained from the relevant Education and Training Quality Assurance Body, through summative assessment by a registered assessor

Moderation activity comments by SGB`s, organisations and individuals may be forwarded to NSB03 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
A demonstrated understanding of:
  • Planning and control, budgeting, standard costing, decentralised control

    Legal requirements:
  • Relevant financial legislation 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Solve problems 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others a member of a team/group 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one`s activities responsibly and effectively 

    UNIT STANDARD CCFO COLLECTING 
    Collect, organise and critically evaluate information 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematics and language skills in the modes of oral and written presentations 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  83446   National Certificate: Electronics  Level 5  NQF Level 05  Reregistered  2023-06-30  MICTS 
    Core  58625   National Certificate: Occupational Safety  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Core  79808   National Diploma: Occupational Safety  Level 5  NQF Level 05  Reregistered  2023-06-30  As per Learning Programmes recorded against this Qual 
    Elective  66389   Higher Certificate: Diagnostic and Procedural Coding  Level 5  NQF Level 05  Reregistered  2023-06-30  HW SETA 
    Elective  49107   National Certificate: Inspection and Enforcement Services  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2023-06-30  PSETA 
    Elective  63711   Bachelor of Geographical Information Science (GISc)  Level 7  NQF Level 07  Passed the End Date -
    Status was "Reregistered" 
    2018-06-30   


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.