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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 QUALIFICATION THAT HAS PASSED THE END DATE: |
Higher Certificate: Commerce: Financial Accounting |
SAQA QUAL ID | QUALIFICATION TITLE | |||
21078 | Higher Certificate: Commerce: Financial Accounting | |||
ORIGINATOR | ||||
Intec College | ||||
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 Higher 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 | 160 | Level 5 | NQF Level 05 | Regular-Provider-ELOAC |
REGISTRATION STATUS | SAQA DECISION NUMBER | REGISTRATION START DATE | REGISTRATION END DATE | |
Passed the End Date - Status was "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 |
The primary purpose of the qualification is to provide qualifying learners with the appropriate knowledge, skills and attitudes to effectively pursue a career in accounting, finance and administration. |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Upon entry to the Higher Certificate Programme, it is assumed that learners should have demonstrated:
Upon entry to the Higher Certificate programme the learners should be in possession of: |
RECOGNISE PREVIOUS LEARNING? |
N |
QUALIFICATION RULES |
This qualification may be achieved in whole or in part through the recognition of prior learning [Regulation 8(l)(h)]. |
EXIT LEVEL OUTCOMES |
Critical Cross-field Outcomes:
1. Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made. 2. Work effectively with others as a member of a team, group, organisation and community. 3. Organise and manage oneself and one's activities responsibly and effectively. 4. Collect, analyse, organise and critically evaluate information. 5. Demonstrate an understanding of the world as a set of related systems by recognising that the problem-solving context does not exist in isolation. 6. Reflect on and explore a variety of strategies to learn more effectively. 7. Explore business and career opportunities. 8. Develop entrepreneurial opportunities. 9. Look at the environment on a macro basis rather than a micro basis in order to enhance the current environment. 10. Communicate effectively using visual, mathematical and language skills in the modes of oral and / or written persuasion. 11. Demonstrate an understanding of the economic world in context as a dynamic interactive world that does not exist in isolation. 12. Demonstrate effective and responsible decision-making. 13. Stimulate and develop thinking patterns involving creativity. 14. Interpret information received via the media and other sources. 15. Remain receptive and responsive to current trends and developments. 16. Use technology effectively and responsibly. 17. Conduct research independently. Specific Outcomes: 1. Cost and Management Accounting I: Ability to: 2. Economics Ability to: 3. Financial Accounting I: Ability to: - Sole traders (Range: trading account, year-end adjustments, closing entries, income statement and balance sheet; - Associations not for gain (for example, clubs) - receipts and payments account, year-end adjustments, income statement and balance sheet; 4. Business Communications Ability to: - Concise formats (telephone messages, telegrams, telexes, formal invitations and accepting / declining these, bulletin board notices, and so on) - Memorandum (inter-office and inter-departmental) - Letters of enquiry and replies to these - Letters of complaint and adjustment. - Letters of invitation to VIPs. - Sales promotion / marketing through circulars. - Application with / without curriculum vitae. - Letters of appointment / resignation. - Testimonials / references. - Letters to the press. - Letters of goodwill / introduction. - The AIDA formula. - Factual, emotive and persuasive advertising. - Advertising ethics and the Advertising Standards Authority. - Classified ('smalls') - Display advertisements (including those featuring employment opportunity) - Mail drops (leaflets, brochures, circulars). - Press releases. - Notice, agenda and minutes of organisations not for gain. - Annual general meeting. - Special / extraordinary general meetings. - Executive / committee meetings. - Knowledge of basic meeting procedure applicable to the appointment, rules of debate - proposals and amendments, seconding, motions, replies, point of order, voting, adjournment / closing, and so on, excluding proxies - and relevant terminology. - Holding of mock meetings. 5. Management 1 Ability to: 6. Internal Auditing I Ability to: 7. Principles of Law Ability to: |
ASSOCIATED ASSESSMENT CRITERIA |
Critical Cross-field Assessment:
1.1 Problems are solved by means of exploring and critically evaluating abstract and personal situations. 1.2 Problems are solved by generating alternative strategies for dealing with those problems. 2. Collaborative work as part of a team, group, organisation or community is effective. 3. Organisation and management of self and activities is responsible and effective. 4.1 Information is collected, analysed, organised and critically evaluated. 4.2 Recognition of the problems solving context as part of a larger context is demonstrated. 5.1 Understanding of the world as a set of related systems is demonstrated. 5.2 Strategies to manage effectively are explored and reflected on. 6. Education and career opportunities are explored. 7. Entrepreneurial opportunities are developed. 8. - 9.1 The environment is seen on a macro basis. 9.2 Current environment is enhanced. 10. Communication using visual, mathematical and language skills in the modes of oral and / or written persuasion is effective. 11. Understanding of the economic world as a dynamic, interactive world that does not exist in isolation is demonstrated. 12. Decision making is responsible and effective. 13. Creative thinking patterns are stimulated and developed. 14. Information from the media and other sources is interpreted. 15.1 Current trends and developments are monitored. 15.2 Appropriate responses to current trends and developments are made. 16. Technology is used effectively and responsibly. 17. Research is conducted independently. Specific Assessment Criteria: 1. Cost and Management Accounting I: 2. Economics - International trade and finance. - Monetary policy. - Public finance. - Labour economics. 3. Financial Accounting I 4. Business Communications 5. Management I 6. Internal Auditing I 7. Principles of Law - Contracts - Sale agreements - Law of agency - Partnership agreements - Companies, and - Leases And apply them to working examples. Integrated Assessment: 1. Continuous assessment, in the form of self-assessment, is carried out by the learner. This is done using activities and self-evaluation exercises. Continuous assessment is also carried out by the facilitators in the form of assignments that the learner must submit upon completion of each module of the learning programme. 2. Formative and summative assessment are integrated in a final portfolio assessment, case studies, reports, tests and practical tasks. The learner builds up a portfolio of activities, assignments and projects, which are assessed in order to determine whether the learner has achieved the exit level outcomes of the qualification. |
INTERNATIONAL COMPARABILITY |
Not applicable. |
ARTICULATION OPTIONS |
1. Articulation possibilities exist with:
2. Other Intec Higher Certificates in Commerce and Management: 3. The qualifications toward which the graduate may proceed are other managerial qualifications that are not specific to this particular context. Diversification into other specialised areas such as: |
MODERATION OPTIONS |
A system of second examiners within the institution will be used, together with a system of external examination at exit levels to the qualification. Where professional or statutory bodies are involved in determining the curriculum, they will also be involved in moderation. |
CRITERIA FOR THE REGISTRATION OF ASSESSORS |
Our own staff will be used as assessors in a manner accommodated within the quality management system of the institution. This would apply to outside assessors also as they will have to comply with all quality assurance procedures of the institution. |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015. |
NOTES |
N/A |
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. | Damelin Correspondence College |
2. | Intec College |
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. |