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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Audit Financial Procedures/ Conduct Night Audit 
SAQA US ID UNIT STANDARD TITLE
7852  Audit Financial Procedures/ Conduct Night Audit 
ORIGINATOR
SGB Hospitality,Tourism,Travel, Leisure and Gaming 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Hospitality, Tourism, Travel, Gaming and Leisure 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 
2009-11-03  2011-07-31  SAQA 0160/05 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2012-07-31   2015-07-31  

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 
The learner will be able to conduct an audit of financial procedures or night audit and understand the impact auditing has on the business. This includes the implementing, monitoring and controlling of financial systems within organisational requirements. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Perform Basic Calculations (XX18)
Process Payments (XX06) 

UNIT STANDARD OUTCOME HEADER 
Demonstrated knowledge and understanding: 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Demonstrated knowlegde and understanding : 
OUTCOME NOTES 
1. Describe the impact of auditing on the organisation.

2. Explain the reasons for accuracy and meeting agreed deadlines when producing financial reports.

3. Stress the importance of daily audits on financial and night time procedures.

4. Explain how to use information generated by the Night Audit. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
Demonstrated knowlegde and understanding: 
ASSESSMENT CRITERION NOTES 
1. Describe the impact of auditing on the organisation.

2. Explain the reasons for accuracy and meeting agreed deadlines when producing financial reports.

3. Stress the importance of daily audits on financial and night time procedures.

4. Explain how to use information generated by the Night Audit. 

SPECIFIC OUTCOME 2 
Demonstrated ability to make decisions about practice and to act accordingly 
OUTCOME NOTES 
Check and balance transactions accurately. (Range of transactions: petty cash, floats, debtor's control, banking procedures).

Complete night audit/ financial transactions in good time and explain the importance of doing this.Identify discrepancies and resolve directly or refer to another person, and if referred explain why.

Complete routine financial/statistical reports accurately and within agreed deadlines and forward promptly to the appropriate person or department. (Range of financial/statistical reports: daily/ weekly/ monthly, departmental, occupancy, sales, returns, commercial account activity, foreign currency activity, all types of payments, sales performance/ commission earnings) 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
Demonstrated ability to make decisions about practice and to act accordingly 
ASSESSMENT CRITERION NOTES 
Check and balance transactions accurately. (Range of transactions: petty cash, floats, debtor's control, banking procedures).

Complete night audit/ financial transactions in good time and explain the importance of doing this.

Identify discrepancies and resolve directly or refer to another person, and if referred explain why.

Complete routine financial/statistical reports accurately and within agreed deadlines and forward promptly to the appropriate person or department.

(Range of financial/statistical reports: daily/ weekly/ monthly, departmental, occupancy, sales, returns, commercial account activity, foreign currency activity, all types of payments, sales performance/ commission earnings) 

SPECIFIC OUTCOME 3 
Demonstrated ability to learn from our actions and to adapt perfomance: 
OUTCOME NOTES 
5. Describe possible ways to improve security when conducting night audits/financial procedures, and give reasons for each suggestion.

6. Suggest possible improvements to the auditing procedure. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
Demonstrated ability to learn from our actions and to adapt perfomance: 
ASSESSMENT CRITERION NOTES 
5. Describe possible ways to improve security when conducting night audits/financial procedures, and give reasons for each suggestion.

6. Suggest possible improvements to the auditing procedure. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
ACCREDITATION / MODERATION

1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.

2. Any institution offering learning that will enable achievement of this unit standard must be registered with the FE/HE Registrar.

3. Any institution wishing to receive skill development grants must be accredited with the relevant ETQA. Such an institution will also be registered with the relevant SETA.

4. Moderation of assessment will be done by the relevant ETQA at its discretion. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
Embedded knowledge and Critical cross-field outcomes have been included within the specific outcomes category.
This has been done as it was deemed necessary to ensure holistic assessment occurred.

The specific outcomes can be applied in a range of contexts.

Many of the outcomes have been written in such a way that competence must be demonstrated in the context as opposed to in isolation from a context.

The specific outcomes are comparable to outcomes used internationally.

We therefore structured outcomes using the format noun + verb + condition (modifying phrase)Specific outcomes have been split into three categoriesa) knowledge and understanding (what the learner must know and understand)b) decision-making and acting (what the learner must do)c) adapting performance ( including reflexive competence)In many instances there are more than six specific outcomes, as the inclusion of critical cross-field outcomes and embedded knowledge has increased the number of specific outcomes.

If competencies are to be clustered in a meaningful way, then these unit standards cannot be split. 


UNIT STANDARD ASSESSOR CRITERIA 
ASSESSMENT CRITERIA :
The assessor must :

1. Arrange or create an environment in which the learner can be fairly assessed against the outcomes.

This unit must be assessed in the workplace or in a realistic environment.

It is recommended that this unit standard be assessed in conjunction with other unit standards.

2. Evaluate the learner's ability to meet the outcomes consistently.

This unit standard can be assessed by a combination of observation, questioning, testimony and product sample.

Observation to cover a minimum of 2 transactions to be balanced.(Range of transactions: petty cash, floats, debtor's

control, banking procedures)?

Product sample financial reports, statistical reports and relevant documentation.?

Question the learner on the procedure to follow with discrepancies.? Testimony from relevant persons.

3. Provide specific feedback to the learner on assessments and the learner's ability to meet the outcomes.

4. Complete the declaration of competence and inform the appropriate ETQA once the learner has demonstrated the ability to meet all the outcomes.

1. Counsel the learner on future assessments, necessary learning and further qualifications. 

UNIT STANDARD NOTES 
Essential embedded knowledge is dealt with under the specific outcomes section where "demonstrated KNOWLEDGE and UNDERSTANDING" is required.

Range statements are included with specific outcomes as necessary.

The following critical cross-field outcomes are covered in this unit standard under the specific outcomes section. They are not assessed directly, but are assessed holistically through the outcomes as indicated.
  • Identify and solve problems. (Specific Outcomes 9,10)
  • Collect, analyse and evaluate information. (Specific Outcomes 5,7,8) 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  24433   Diploma: Hospitality Operations  Level 5  NQF Level 05  Passed the End Date -
    Status was "Reregistered" 
    2012-06-30  CATHSSETA 
    Fundamental  20415   National Certificate: Conservation Resource Guardianship  Level 2  NQF Level 02  Passed the End Date -
    Status was "Reregistered" 
    2008-02-06  Was CATHSSETA until Last Date for Achievement 
    Elective  64469   Further Education and Training Certificate: Hospitality Reception  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  14116   National Certificate: Hospitality Reception  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2007-10-30  Was CATHSSETA until Last Date for Achievement 
    Elective  14123   National Diploma: Accommodation Services  Level 5  NQF Level 05  Reregistered  2023-06-30  CATHSSETA 


    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.