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

Advanced Certificate in Cost and Management Accounting 
SAQA QUAL ID QUALIFICATION TITLE
101216  Advanced Certificate in Cost and Management Accounting 
ORIGINATOR
Walter Sisulu University 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
CHE - Council on Higher Education  HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Advanced 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  120  Not Applicable  NQF Level 06  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Passed the End Date -
Status was "Reregistered" 
EXCO 0415/23  2021-07-01  2023-04-18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2023-04-18   2025-04-18  

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 replaces: 
Qual ID Qualification Title Pre-2009 NQF Level NQF Level Min Credits Replacement Status
80158  National Diploma: Cost and Management Accounting  Level 6  NQF Level 06  360  Complete 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
Purpose:
The purpose of this qualification is for the Graduate to have a thorough knowledge of Accounting and Costing in order to manage an accounting department and to provide accounting services to commerce and industry.

Rationale:
N/A 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning (RPL):

Entry Requirements:
The minimum requirement for admission to an Advanced Diploma is:
  • National Diploma: Cost and Management Accounting, Level 6.
    Or
  • Similar Diploma, Level 6. 

  • RECOGNISE PREVIOUS LEARNING? 

    QUALIFICATION RULES 
    This qualification comprises compulsory modules at NQF Level 7 totalling 120 Credits.

    Compulsory Modules, Level 7, 120 Credits:
  • Financial Management IV, 12 Credits.
  • Business Strategy II, 12 Credits.
  • Management Accounting IV, 12 Credits.
  • Financial Reporting IV, 12 Credits.
  • Financial Management IV, 12 Credits.
  • Research Methodology, 12 Credits.
  • Systems and Project Management IV, 12 Credits.
  • Management Accounting IV 12 Credits.
  • Financial Reporting IV, 12 Credits.
  • Systems and Project Management IV, 12 Credits. 

  • EXIT LEVEL OUTCOMES 
    1. Prepare, analyse and interpret complex financial statements for companies applying GAAP
    2. Manage the financial aspects of business up to corporate level.
    3. Determine and apply various advanced techniques whereby relevant information is reported to management in regard to control, planning, reporting of performance and the monitoring of efficiency and the optimal usage of resources.
    4. Develop and apply documentation techniques and system development.
    5. Implement an operation and management system.
    6. Formulate the long-term objectives for the enterprise and identify the goals to supplement these objectives.
    7. Compile a research project.
    8. Strategically approach the acquisition, motivation, development and management of the organisation's human resources.
    9. Effectively apply communication principles to a variety of communication activities and contexts, and to resolve communication problems.
    10. Plan, organise, lead and control business activities. 

    ASSOCIATED ASSESSMENT CRITERIA 
    The following Associated Assessment Criteria are applied in an integrated manner to the Exit Level Outcomes:
  • Budgets are correctly prepared.
  • Variances are correctly calculated and interpreted.
  • Marketing expenses are analysed and ways described whereby it could be controlled.
  • Quantitative techniques are correctly calculated and applied for management decisions.
  • Financial statements and consolidated.
  • Financial statements, illustrating disclosure.
  • Requirements in respect of accounting policy, leases, instalments and earnings per share are prepared.
  • Ratios are calculated, compared and interpreted.
  • The values of business interests are determined.
  • Accounting entries and balance sheets reflecting the effect of liquidations, amalgamations and reconstructions are prepared.
  • Investment transactions are correctly recorded.
  • The tax liabilities of different legal entities are determined.
  • Annual tax returns are prepared.
  • Provisional tax returns are prepared.
  • The tax liability of the employer is determined.
  • The interaction between supply and demand is explained to ensure that the learner will understand the basic principles of a market economy.
  • Markets forms are identified.
  • Monetary and fiscal policies are discussed.
  • Practical economic scenarios, covering national and international situations, are discussed and interpreted.
  • International trade and finance are appreciated.
  • An effective internal mail and communication system for the business is correctly compiled.
  • An effective external communication system for the business is correctly compiled.
  • Effective documentation systems for the activities of the business are correctly compiled
  • An effective computer software system for the administration of a retail business is correctly selected
  • The viability of a business opportunity is correctly identified and determined
  • A workable plan with sub-sections, covering clearly the functions of marketing, finances, administration, personnel, assets, logistics, production, public relations and housekeeping for a retail business that will ensure the successful starting of such business, is correctly compiled.

    Integrated Assessment:
    There are various e Assessment strategies used to evaluate the effectiveness of teaching and learning. For instance, some of the assessment strategies include Participative assessment.
    Assessing achievement of learning outcomes and Continuous Assessment is used in Information Administration courses. These include:
  • Measure all the main criteria called for in the learning outcomes.
  • Measure any skills or capacities that are not explicitly stated in the learning outcomes. Students will demonstrate certain skills and capabilities that could surprise the assessor or the audience.
  • Measure more than the criteria stated in the learning outcomes.

    Other assessment strategies include Formative assessment, Summative assessment and balancing formative with summative assessment. Tests, presentations, assignments, projects, case study methods and practical exercises in the case of information administration are used to evaluate the performance of the students.

    At the end of the year, we promote those who have obtained the minimum pass percentage in accordance with faculty and institutional guidelines.
    Assessment policies, procedures and practices match and support the programme purpose. 

  • ARTICULATION OPTIONS 
    The qualification offers horizontal and vertical articulation opportunities.
    Horizontal Articulation:
  • Bachelor of Commerce in Cost and Management Accounting, Level 7.

    Vertical Articulation:
  • Bachelor of Commerce Honours in Cost and Management Accounting, Level 8. 

  • MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    NOTES 
    N/A 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
    When qualifications are replaced, some (but not all) of their learning programmes are moved to the replacement qualifications. If a learning programme appears to be missing from here, please check the replaced 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. Walter Sisulu University 



    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.