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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: |
Demonstrate understanding of financial and accounting principles for public entities |
SAQA US ID | UNIT STANDARD TITLE | |||
120360 | Demonstrate understanding of financial and accounting principles for public entities | |||
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 5 | Level TBA: Pre-2009 was L5 | 12 |
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 |
Board members as well as officials of public entities need to be informed with regard to the relevant financial, legislative and corporate governance issues relating to these entities, to ensure effective financial decision making.
The purpose of the learning is to provide competencies (knowledge, skills and values) to board members and officials of public entities in terms of legislative requirements, financial and accounting principles, good corporate governance and managerial decision-making. Qualifying learners are able to contribute towards increasing the effectiveness of board members and service delivery of public entities in general. |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
It is assumed that learners are competent in:
|
UNIT STANDARD RANGE |
N/A |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Interpret the appropriate legislative requirements applicable to the governing of public entities. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Public Finance Management Act and Treasury requirements are selected are relevant to a particular entity. |
ASSESSMENT CRITERION 2 |
The requirements are applied to a selected entity to determine the level of conformity. |
ASSESSMENT CRITERION 3 |
Decisions and recommendations are made to increase the level of compliance/conformity of the entity with the relevant regulatory and statutory requirements. |
SPECIFIC OUTCOME 2 |
Apply good corporate governance principles in public entities. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
A comparison is made between international and national trends in corporate governance highlighting important differences and similarities. |
ASSESSMENT CRITERION 2 |
National developments are applied to the management of a public sector entity. |
ASSESSMENT CRITERION 3 |
The way in which the application of corporate governance requirements facilitates responsible and ethical behaviour is described using examples from specific entities. |
SPECIFIC OUTCOME 3 |
Obtain knowledge on the financial and accounting principles necessary to evaluate financial and accounting issues of the specific public entity. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The basic accounting principles, required by public entities are used to comment on financial statements. |
ASSESSMENT CRITERION 2 |
The accounting cycle is described with special emphasis on the implementation of accounting controls during the cycle. |
ASSESSMENT CRITERION 3 |
Budgets and management plans are evaluated using essential criteria. |
ASSESSMENT CRITERION 4 |
The evaluation of the budget and management plans are communicated to stakeholders in appropriate written format. |
SPECIFIC OUTCOME 4 |
Examine the critical performance indicators and analyse and interpret the public entity's financial statements and reports using critical performance indicators. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Changing circumstances within the public entity are reacted to responsibly and creatively using the above. |
ASSESSMENT CRITERION 2 |
Plans to improve management accounting situations in the public entity and community environments are proposed. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Recognise and solve problems relating to their operational level, creatively to maximise productivity responsibly. |
UNIT STANDARD CCFO WORKING |
Work effectively with other members of a board and organisation and contribute to the group output fields as demonstrated during group sessions and practical work. |
UNIT STANDARD CCFO ORGANISING |
Develop the necessary competencies to manage and organise their own activities and responsibilities effectively. |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organise and evaluate operational information at the appropriate level. |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively using language skills in a written medium. |
UNIT STANDARD CCFO DEMONSTRATING |
UNIT STANDARD CCFO CONTRIBUTING |
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 | 64670 | National Certificate: Public Financial Oversight and Accountability | Level 6 | Level TBA: Pre-2009 was L6 | Reregistered | 2023-06-30 | PSETA |
Elective | 57824 | Further Education and Training Certificate: Public Administration | Level 4 | NQF Level 04 | Reregistered | 2023-06-30 | PSETA |
Elective | 50205 | National Certificate: Municipal Integrated Development Planning | Level 5 | Level TBA: Pre-2009 was L5 | Reregistered | 2023-06-30 | LG SETA |
Elective | 50060 | National Certificate: Public Administration | Level 5 | Level TBA: Pre-2009 was L5 | Reregistered | 2023-06-30 | PSETA |
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. | 1LeadRoot (Pty) Ltd |
2. | Abinet Training & Development |
3. | Acorser Corporate and Business Consulting Cc |
4. | African Alabaster |
5. | Akhona Skills Fountain and Trading |
6. | All Sorts 108 Skills Development PTY (Ltd) |
7. | Amandla Obunye Training Academy |
8. | Amathuba Learning and Training Centre |
9. | Amber Tower Training |
10. | Anesu Ka Mpho (Pty) Ltd |
11. | ARMS - Audit & Risk Management Solutions |
12. | ATTI Polokwane |
13. | Aubrey Nyiko Business Enterprises |
14. | Bantubanye Skills |
15. | Basileia Strategies (Pty) Ltd |
16. | Bells Technical College |
17. | Boland TVET College |
18. | Bona Business Solutions (PTY) LTD |
19. | Bono Skills Development (PTY) Ltd |
20. | Bonstev Consulting and Projects (Pty) Ltd |
21. | Broadmind Leadership Development and Training (Pty) Ltd |
22. | Cale Developments |
23. | Camblish Training Institute |
24. | Centre for Africa Capacity Building and Development (Pty) Ltd |
25. | Century Business Academy |
26. | Chartered Institute of Management (Pty) Ltd |
27. | College of Cape Town |
28. | Conglomerates Institute (Pty) Ltd |
29. | D and D Lwazi Renaissance Research Development Institute |
30. | Destiny Management Consultants (Pty) Ltd |
31. | Ditseko Training and Development Services CC |
32. | DotCentre Business Consulting |
33. | Dzindalo Consulting (Pty) Ltd |
34. | E-Login Business Institute (Pty) Ltd |
35. | Edutel Public Service Company |
36. | Elective Training Institute Enterprise CC |
37. | Equity Training and Consulting |
38. | Eskilz College (Pty) Ltd |
39. | Excellent Minds Institute (Pty) Ltd |
40. | Extribyte (Pty) Ltd |
41. | Fachs Business Consulting and Training |
42. | Falcon Business Institute |
43. | Faranang Marketing |
44. | Finweb Business Consultancy (Pty) Ltd |
45. | Free State Training and Development Institute |
46. | Gatyana Training Academy (Pty) Ltd |
47. | Genvio cc |
48. | Glere Skills and Consultants |
49. | Glicam Trading Enterprise |
50. | Global Steel Merchants (Pty) Ltd |
51. | GOBELA CONSULTING |
52. | Harvestine Investments (Pty) Ltd |
53. | Harvitex cc |
54. | HDPSA GROUP (PTY) LTD |
55. | Higherway Institute of Learning (Pty) Ltd |
56. | Hlombe and Associates |
57. | IALE School of Advanced Learning Education |
58. | ICM t/a Institute for Career Management |
59. | iCollege |
60. | Ilinge Labantu Debt Solutions CC |
61. | Imani Business Advisory Services (Pty) Ltd |
62. | Inafrica General Trading Pty LTD |
63. | Institute of Busines Management of Southern Africa |
64. | Integrated Corporate Skills Solution |
65. | JIT Projects |
66. | Josmap Training Institute |
67. | Kcobodo Training Centre (KTC) |
68. | Khongoloti Training Academy |
69. | KMS College |
70. | Le - Mark Training and Development Pty (Ltd) |
71. | Lead Afrika Consulting (Pty) Ltd |
72. | Learncore (Pty) Ltd |
73. | Leronsa Trading Enterprise |
74. | Letlhokoa Management Services |
75. | Lip Holding (pty) LTD |
76. | Majuba Technical Vocational Education and Training College |
77. | Makgoka Development Facilitation (PTY) Ltd. |
78. | MAS SAFE SECURITY CC |
79. | Matabane Professional Accountant |
80. | Matontech Trading Enterprise |
81. | Matprodev Consulting |
82. | Maximum Development Institute |
83. | Metanoia Training and Projects (PTY) LTD |
84. | Mgwezane Training and Management cc |
85. | Milpark Education (Pty) Ltd |
86. | Mission Point Consulting |
87. | Mission Point Trading 69 |
88. | MJ Mafunisa Consulting (PTY) LTD |
89. | MML Consulting CC. |
90. | MMPS Holdings |
91. | MOD - MOSH Projects and Consulting |
92. | Mohlaje Solutions (Pty) Ltd |
93. | Molly Malete Productions CC |
94. | Mowils Consultants |
95. | Mpumalanga School of Government - MPSG |
96. | MSC Education Holdings (PTY) LTD |
97. | MTK Corporate Solutions |
98. | Nare Training and Development |
99. | National Skills and Technical College |
100. | Nghunyule Investments |
101. | Nkqubela Community Developers |
102. | Orange Language Institute (Pty) Ltd |
103. | Orbit TVET College |
104. | Orchards Graduate School (Pty) Ltd |
105. | Outeniqua Leadership Institute |
106. | Pamodzi Training Services |
107. | Pebetse Training and Consulting |
108. | Performance Management Collaborative Africa (Pty) Ltd |
109. | Phunda Maria Consulting |
110. | Pioneer Business Consulting |
111. | PMA Holdings (PTY ) LTD. |
112. | PND Academy of Learning |
113. | Poshido Trading |
114. | Positive Thinking Consultants cc |
115. | Practicon Training |
116. | Prestige Leaders Consulting (Pty) Ltd |
117. | Primeserv Corporate Solutions |
118. | Prodigy Business Services |
119. | Profounder Intelligence Management Services |
120. | Prosam Consulting Group (Pty) Ltd |
121. | PTDEV (Pty) Ltd |
122. | Pulakgadi Training Consulting CC |
123. | Quintax Training and Development |
124. | Ramaja Training and Business Consultancy (Pty)Ltd |
125. | Ramazwi Security Service and Training Agency (Pty) Ltd |
126. | Rams Professional Training and Conferencing |
127. | Ratomac Trading Consultants (Pty) Ltd |
128. | Regen Institute of Leadership and Management Education |
129. | Regenesys School of Public Management |
130. | Regent Business School (Pty) Ltd t/a Regent Business School |
131. | Ribolla Learning Academy |
132. | Ritepath HR Solutions |
133. | RKM Consultancy and Trading |
134. | Saint Colonel Graduate Institute |
135. | Sampatla Procurement Solutions (Pty) Ltd |
136. | Sbongukhanyo (Pty) Ltd |
137. | Silver Streak Trading 649 CC |
138. | Sims Khula Training |
139. | Sims Khula Training & Skills Development |
140. | Sisizathu Training |
141. | Skills Share Africa Institute |
142. | South African ABET Development Agency SAADA |
143. | South African Centre for Business Studies (Pty) Ltd |
144. | South African Governance and Business College |
145. | Southern African Institute of Learning |
146. | Starplex408 Pty) Ltd |
147. | Step Ahead Academy (Pty) Ltd |
148. | Striving Mind Trading 289 |
149. | Synergy Corporate (Pty) Ltd |
150. | T Mabuya and Associates (Pty) Ltd |
151. | Tachfin Holdings |
152. | Tembe Service Providers |
153. | Thasha Training and Consulting |
154. | The Justice College |
155. | Thekwini FET College |
156. | Thobologo Training and Education Group (Pty) Ltd |
157. | Thubelihle Graduate Institute |
158. | Thubelihle Graduate Institute (Pty) Ltd |
159. | Thuto Lere Community Empowerment Programme |
160. | Thuto Lore Academy |
161. | Thuto-Boswa Education and Training Solution |
162. | Tinotel Communications |
163. | Tippinggate Business Solutions |
164. | Tloumogale Business Development & Consulting (Pty) Ltd |
165. | Training Business 2 Business |
166. | Trainyoucan (Pty) Ltd |
167. | Tru-ThoughtsTrading and Projects |
168. | Tshepang Consulting & Project |
169. | Tshwane Training Institute (Pty) Ltd |
170. | Ukwakhile Projects (PTY) Ltd |
171. | Umfolozi College for TVET |
172. | University of Pretoria |
173. | Vala Nge Bhetshu Human Capital Development (Pty) Ltd |
174. | Vuca Institute of Leadership Development |
175. | Vusheni Learning Academy |
176. | Weinvest Investments |
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. |