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 QUALIFICATION: 

National Certificate: N6 Financial Management 
SAQA QUAL ID QUALIFICATION TITLE
66998  National Certificate: N6 Financial Management 
ORIGINATOR
Department of Education 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
QCTO - Quality Council for Trades and Occupations  OQSF - Occupational Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
National N Certificate  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  60  Level 5  NQF Level 05  Provider Based N Part-Qual 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Reregistered  SAQA 06120/18  2018-07-01  2023-06-30 
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 qualification does not replace any other qualification and is not replaced by any other qualification. 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
Purpose
This part qualification is aimed primarily at giving the learner technical, theoretical knowledge, practical knowledge and workplace knowledge and skills required in their chosen occupational/vocational area.
The design of the part qualification is such that if taken sequentially with related N part courses i.e. N4+N5+N6, it enables learners to progressively obtain the National N Diploma once the required practical work component of either 18 months or two years, as required for the specific occupational area, is completed.
The part qualification as a single entity has value in the workplace as it equips learners with vital knowledge and skills that enable them to be productively employed at entry level positions in an occupation.
The part qualification can be used for updating, upskilling and/or continuing education and training in related occupations
Rationale:
As stated in the Skills Summit Declaration issued on 9 September 2010, Education, vocational training and lifelong learning are central pillars of employability, employment of workers and sustainable enterprise development. This part qualification will provide an opportunity for learners who exit the schooling system, but who wish to continue to obtain occupation specific knowledge and skills to develop such competencies and also to receive formal recognition for the skills they have acquired in a particular vocational/occupational area. It will create the opportunity for learners with an interest in a particular vocational/occupational area to develop their skills and knowledge thereby improving their employability and at the same time create opportunities for them to study further in their chosen field. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
A National Certificate: N5: Financial Management, or an equivalent qualification.
Recognition of Prior (RPL):
Recognition of Prior Learning can be used to grant:
1. Access to learners who do not meet the minimum entry requirements
2. Credits towards the part-qualification 

RECOGNISE PREVIOUS LEARNING? 

QUALIFICATION RULES 
Instructional Offering:
  • Code 4010216: Financial Accounting N6.
  • Code 04010196: Cost and Management Accounting N6.
  • Code 4090315: Entrepreneurship and Business Management N5.
  • Code 4090336: Entrepreneurship and Business Management N6.
  • Code 4010206: Income Tax N6.
  • Code 06030186: Computerised Financial Systems N6.
  • Code 13030105 Mercantile Law N5.
  • Code 22020095: Economics N5.

    Programme Requirements:

    Compulsory instructional offerings:
  • Financial Accounting N6.
  • Computerised Financial Systems N6.
  • Cost and Management Accounting N6.

    Optional instructional offering:

    One of the following:
  • Entrepreneurship and Business Management N6.
  • Entrepreneurship and Business Management N5.
  • Economics N5.
  • Mercantile Law N5.
  • Income Tax N6.

    Mercantile Law N4 is not a prerequisite for Mercantile Law N5. 

  • EXIT LEVEL OUTCOMES 
    The Exit Level Outcomes and Associated Assessment Criteria are as given in the curriculum statements for each module/subject/component. 

    ARTICULATION OPTIONS 
    Articulates horizontally with the cognate Higher Certificates. N4+N5+N6 and the appropriate period of practical work experience (18 or 24 months) enables the learner to be awarded the National N Diploma, Level 6. 

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

    NOTES 
    Duration:
  • Full-time: One semester. 

  • LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    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.
     
    1. Department of Education 



    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.