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:

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
Passed the End Date - Status was "Reregistered"		2018-07-01	2023-06-30	SAQA 06120/18
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2026-06-30		2029-06-30

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	Passed the End Date - Status was "Reregistered"	2023-06-30	MICTS
Core	58625	National Certificate: Occupational Safety	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual
Core	79808	National Diploma: Occupational Safety	Level 5	NQF Level 05	Passed the End Date - Status was "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	Passed the End Date - Status was "Reregistered"	2023-06-30	HW SETA
Elective	49107	National Certificate: Inspection and Enforcement Services	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "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.

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