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 THAT HAS PASSED THE END DATE: 

Manage a municipality's assets and liabilities 
SAQA US ID UNIT STANDARD TITLE
116362  Manage a municipality's assets and liabilities 
ORIGINATOR
SGB Public Administration and Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Public Administration 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  11 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "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 
This Unit Standard is intended for all people who contribute to strategic planning, budgeting and resource use performance related policy-planning processes. Learners completing this Unit Standard will be able to develop and implement asset and liability management policies for South African municipalities. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
It is assumed that Learners are competent in:
  • Communication at Level 4.
  • Mathematical literacy at Level 4.
  • Economics at Level 4. 
    		•

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Provide advice to a municipality on optimising relationships with the financial community. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The benefits of a good relationship between the financial community and the municipality are explained including all the advantages and disadvantages of the relationship. 

    ASSESSMENT CRITERION 2 
    The key role-players that contribute to important relationships in a municipality's financial community are identified and their roles explained. 

    ASSESSMENT CRITERION 3 
    Information is selected and analysed in terms of a municipality's credit worthiness. 

    ASSESSMENT CRITERION 4 
    A plan is prepared to improve the credit rating of a municipality which will enhance the long term borrowing capabilities of the municipality. 
    ASSESSMENT CRITERION RANGE 
    Credit rating institutions and financial institutions include finance houses, banks, venture capitalists and credit bureaus. A plan is prepared to improve the credit rating of a municipality, which will enhance its long term borrowing capabilities.
     

    SPECIFIC OUTCOME 2 
    Describe and prepare proposals to accessing bank finance. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Bank overdrafts and bank term loans are compared and a presentation made identifying the benefits and disadvantages of each. 

    ASSESSMENT CRITERION 2 
    The credit limits the municipality should apply for considering prevailing financial and economic conditions are calculated using internationally recognised methods. 

    ASSESSMENT CRITERION 3 
    Applications for credit from more than one financial institution are prepared, including motivations for extending credit. 

    ASSESSMENT CRITERION 4 
    Term structure of interest rate is described including the reasons for the term structure. 

    ASSESSMENT CRITERION 5 
    Information on maturity structure of municipal debt is compiled and analysed to inform the debt management process. 

    SPECIFIC OUTCOME 3 
    Consider the merits of hire purchase transactions and leasing of municipal assets. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Approaches to hire purchase transactions for a municipality are presented and an explanation given of their appropriateness for a municipality. 

    ASSESSMENT CRITERION 2 
    Municipal assets suitable for purchase and use through a leasing agreement are identified and a motivation given for their acquisition through leasing. 

    ASSESSMENT CRITERION 3 
    The risks associated with leasing municipal assets are identified and explained so that decisions can be made on the feasibility of a planned lease arrangement. 

    ASSESSMENT CRITERION 4 
    A lease agreement and hire purchase agreement are developed, presented and motivated to management. 

    ASSESSMENT CRITERION 5 
    Legislative requirements for borrowing are considered and applied in lease agreement evaluation. 

    SPECIFIC OUTCOME 4 
    Plan for contingent municipal liabilities. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Contingent liabilities facing a municipality are identified and classified according to a fiscal risk matrix. 

    ASSESSMENT CRITERION 2 
    The probable financial implications of a municipality's contingent liabilities are estimated and a motivation given for funding arrangements for the contingent liabilities. 

    ASSESSMENT CRITERION 3 
    Changes to policies are recommended to limit the financial implications of contingent liabilities. 
    ASSESSMENT CRITERION RANGE 
    Municipal fiscal risks include direct and indirect and implicit and explicit risks. Contingent liabilities include economic, environmental, social, political, institutional and technical risks.
     

    SPECIFIC OUTCOME 5 
    Develop a municipal asset management plan. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    A project is developed to update and prepare an accurate municipal asset register. 

    ASSESSMENT CRITERION 2 
    Information is compiled so that an assessment can be conducted of asset performance. 

    ASSESSMENT CRITERION 3 
    Current asset performance is analysed and interpreted against planned performance to ensure proper utilisation of assets. 

    ASSESSMENT CRITERION 4 
    Principles are identified for managing assets using recognised accounting practices. 

    ASSESSMENT CRITERION 5 
    An asset's performance is analysed and interpreted to validate quality of inputs, processes, and outputs against recognised standards. 

    ASSESSMENT CRITERION 6 
    Changes to an existing moveable asset policy are identified and supported by sound risk management principles. 

    ASSESSMENT CRITERION 7 
    Legislative requirement are identified relating to the acquisition and disposal of assets. 
    ASSESSMENT CRITERION RANGE 
    Municipal assets include all municipal assets as used in service delivery process.
     


    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • General knowledge of the finance sector.
  • Knowledge of asset management including planning, acquisition, maintenance, disposal and the asset life cycle. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems using critical and creative thinking processes, e.g. by trying to find the best possible asset management options. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organization or community, e.g. through communicating with others regarding legislative issues and fostering team commitment amongst the public sector as well as private sector stakeholders. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively, e.g. through the demonstration of ethical and moral principles in all asset management processes. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information. For example through researching all possible asset management options and presenting conclusions. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and / or language skills in the modes of oral and/or written persuasion, e.g. through advising and motivating others with regard to asset management options. 

    UNIT STANDARD CCFO SCIENCE 
    Use Science and technology effectively and critically, showing responsibility to the environment and health of others, e.g. use appropriate computer software for data capturing and document storage purposes. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of interrelated systems by recognising that problem-solving contexts do not exist in isolation, e.g. in keeping in mind that asset management effects the financial well being of not only the municipality but the country as a whole. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Participating as responsible citizens in the life of local, national and global communities, e.g. acting as custodian of ethical behaviour and maintaining a high level of commitment to providing effective asset and liability management policies and practices. 

    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  48965   Certificate: Municipal Financial Management  Level 6  Level TBA: Pre-2009 was L6  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  LG SETA 


    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.
     
    1. Africa Rising Advisory Services Pty Ltd 
    2. Amabamba Recruitment 
    3. AVAX SA 481 CC. T/A Mandisa Development Services 
    4. Buena Vista Learning Academy 
    5. Commerce Edge South Africa 
    6. Concepts of Sustainable Management (CSM) 
    7. Edequette Training Institute 
    8. Elvis Koena Consulting (Pty) Ltd 
    9. Excellent Minds Institute (Pty) Ltd 
    10. Giamanje TVET College 
    11. Glo Leb Training & Development 
    12. Growth Management Consulting 
    13. Hamonate Consulting 
    14. HDPSA 
    15. IQ Skills Academy (PTY) LTD. 
    16. Jabukile Consultancy 
    17. Jobafrik Consulting 
    18. Josmap Training Institute 
    19. Khehli Institute 
    20. KOKANO PROJECTS PTY LTD 
    21. KYM MANAGEMENT CONSULTING 
    22. Lewerb Holdings (PTY) Ltd 
    23. Makhuba Development Projects CC 
    24. Mamuhle Academy 
    25. MANCOSA Pty (Ltd) 
    26. Maritime Business Institute 
    27. MARS Business Consulting 
    28. MATEPE INVESTMENTS (PTY) LTD 
    29. Mcebo Technologies 
    30. Melatrend Management Consulting 
    31. Morar Incorporated - KZN 
    32. Mortarboard Training Solutions 
    33. MTK Corporate Solutions 
    34. Nelson Mandela University 
    35. Nemalale Eagles Consultancy CC 
    36. Opelong Business Institute 
    37. Pachedu Skills Solutions 
    38. Pachi Global Foundation 
    39. Pebetse Training and Consulting 
    40. Petra Institute of Development 
    41. PFIM Trading (Pty) Ltd 
    42. PMA Holdings (PTY ) LTD. 
    43. Progressive School of Business and Engineering (Pty) 
    44. PTDEV (Pty) Ltd 
    45. Reflections Development Institute 
    46. Regenesys Management (Pty) Ltd 
    47. Regent Business School (Pty) Ltd t/a Regent Business School 
    48. Resonance Institue of Learning 
    49. Sebenzisanane Human Capital 
    50. Silalele Consulting CC. 
    51. Siza Nesu Training and Consultants 
    52. South African Corporate Training Association 
    53. Stellenbosch University 
    54. Tachfin Holdings 
    55. Tasc Business Consulting and Training 
    56. Thinking Mind Trading 
    57. Tipp Academy 
    58. Tloumogale Business Development & Consulting 
    59. Tovani Traiding 299 
    60. Transafric Consulting Pty Ltd 
    61. Tshepang Consulting & Project 
    62. Tshwane Training Institute (PTY) LTD. 
    63. Tsogo-Tlhago Trading Enterprise 
    64. TWINMARK STRATEGY AND MANAGEMENT CONSULTANTS 
    65. Umqondo Consultancy 
    66. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    67. University of Fort Hare 
    68. University of Pretoria 
    69. WEINVEST INVESTMENT CC 


    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.