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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Diploma in Cost and Management Accounting 
SAQA QUAL ID QUALIFICATION TITLE
97086  Diploma in Cost and Management Accounting 
ORIGINATOR
Nelson Mandela 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
Diploma (Min 360)  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  360  Not Applicable  NQF Level 06  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Registered-data under construction  EXCO 0324/24  2024-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2033-06-30  

Registered-data under construction

The qualification content is currently being updated for the qualifications with the status “Registered-data under construction” or showing “DETAILS UNDER CONSTRUCTION” to ensure compliance with SAQA’S Policy and Criteria for the registration of qualifications and part-qualifications on the National Qualifications Framework (NQF) (As amended, 2022). These qualifications are re-registered until 30 June 2027 and can legitimately be offered by the institutions to which they are registered.

 

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.  

PURPOSE AND RATIONALE OF THE QUALIFICATION 
The purpose of this qualification is for the graduate to analyse and manage accounting information in order to provide independent accounting services, to supervise an accounting department and to act as accounting officer in commerce and industry. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning (RPL):
Access may be granted, through the Recognition of Prior Learning (RPL), to learners who do not meet the minimum entry requirements.

Entry requirements:
  • A qualification at Level 5 in Cost and Management Accounting.
  • National Senior Certificate, Level 4 granting access to Diploma studies.
  • Senior Certificate, Level 4 with Matriculation exemption.
  • National Certificate Vocation, Level 4 with a relevant specialisation, granting access to Diploma studies. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    EXIT LEVEL OUTCOMES 
    The qualifying learner should be able to:
    1. Determine and apply various techniques whereby timeous and accurate information could be made available for decision-making and control.
    2. Prepare and interpret financial statements of companies and groups of companies in accordance with GAAP including the valuation of interests represented by these statements.
    3. Record the accounting implications of changes within a company structure and investments.
    4. Determine the tax liability of individuals, assist with the tax liability of other legal entities and prepare submissions to the South African.
    5. Identify the economic environment within which South African commercial organisations apply their trade.
    6. Develop an administration system together with the business plan for a small retail business. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Exit Level Outcome 1:
  • 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.

    Associated Assessment Criteria for Exit Level Outcome 2:
  • 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.

    Associated Assessment Criteria for Exit Level Outcome 3:
  • Accounting entries and balance sheets reflecting the effect of liquidations, amalgamations and reconstructions are prepared.
  • Investment transactions are correctly recorded.

    Associated Assessment Criteria for Exit Level Outcome 4:
  • 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.

    Associated Assessment Criteria for Exit Level Outcome 5:
  • 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.

    Associated Assessment Criteria for Exit Level Outcome 6:
  • 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:
    Competency is formatively assessed by way of tests and projects, and summative by way of written and practical examinations. 
    		•

    ARTICULATION OPTIONS 
    Horizontal Articulation:
  • Diploma in Accounting, Level 6.
  • Diploma in Business Accounting, Level 6.
  • Diploma in Business Management in Accounting, Level 6.

    Vertical Articulation:
  • Bachelor of Commerce in Cost and Management Accounting, Level 7. 
    		•

    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. Nelson Mandela 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.