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: 

Prepare, verify and distribute reports 
SAQA US ID UNIT STANDARD TITLE
117763  Prepare, verify and distribute reports 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
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 5  Level TBA: Pre-2009 was L5  16 
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 
This Unit Standard is intended for persons who conduct administrative functions in the middle and back office in an Asset Management environment.

A person credited with this Unit Standard will be able to:
  • Demonstrate an understanding of the client and market reporting requirements.
  • Interpret the content of applicable reports, for accuracy and resolve queries.
  • Source information and generate reports. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in:
  • Mathematical Literacy at NQF Level 4
  • Communication at NQF Level 4 

  • UNIT STANDARD RANGE 
    The context of this Unit Standard looks at various types of reports that are required to be prepared at different time intervals:

    Report Users - Client and Market
  • Ultimate Client
  • Regulators
  • Consultants
  • Pension Fund Administrators e.g. Alexander Forbes EB Administration

    Types of Reports
  • Performance Reports - Including Statement M
  • Holdings
  • Cash Accounts
  • Transaction
  • Income
  • Capital Accounts
  • Exposure Reports
  • Income Projections
  • Legislative Reports
  • Compliance Reports
  • Tax Reports
  • Trustee Reports
  • Ad hoc Reports
  • Portfolio Manager Report Backs

    Frequency of Reports: Reports are to be generated as per the defined company requirements
  • Daily
  • Weekly
  • Monthly
  • Quarterly
  • Annually 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate an understanding of the client and market reporting requirements. 
    OUTCOME RANGE 
    Reporting Requirements:
  • Content
  • Format
  • Frequency
  • Reporting Periods 

  • ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Reporting requirements are identified as per company defined procedure and client needs. 

    ASSESSMENT CRITERION 2 
    Reporting requirements are identified as per market requirements 

    ASSESSMENT CRITERION 3 
    Reports specifications are designed to meet the defined user requirements in accordance with the defined company policy. 

    SPECIFIC OUTCOME 2 
    Interpret the content of applicable reports, for accuracy and resolve queries. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Report contents are identified as per defined procedure. 

    ASSESSMENT CRITERION 2 
    Content of reports are verified with regards to calculations, graphs and any changes made in response to industry initiatives. 

    ASSESSMENT CRITERION 3 
    Comments of Portfolio Manager is understood and verified against market movements. 

    ASSESSMENT CRITERION 4 
    Client queries are resolved in line with company procedures. 

    SPECIFIC OUTCOME 3 
    Source information and generate reports. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Data sources for reports are identified and used as per company procedures. 

    ASSESSMENT CRITERION 2 
    Sourced information is packaged and report generated in line with company defined procedure. 

    ASSESSMENT CRITERION 3 
    Reports verified with input data as per defined procedure. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this Unit Standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    Client and market reporting requirements. 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems in order to interpret report contents, for accuracy and resolve queries relating to the reports. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others to gather the correct data required to generate the applicable report.

    Work effectively with others when gathering the desired data for reporting purposes that will satisfy both client and market needs. 

    UNIT STANDARD CCFO ORGANISING 
    Organize and manage oneself and one's activities responsibly and effectively when gathering required data and interpreting the content for input into reports. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information that is required to be incorporated into the applicable report. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using both mathematical and language skills when generating the required report. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically, in order to generate reports. 

    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 
    Supplementary information:

    Legal:
    The following tax and regulatory compliance documents are applicable to this Unit Standard.
  • Long-term Insurance Act
  • Pensions Funds Act
  • Other Regulatory Requirements, such as AUT, FSB

    Terminology:

    Terminology relating to the Financial Markets can be found in "Who owns Whom's Dictionary of Stock Market Terms". ISBN 1-919850-04-X 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Fundamental  61489   National Certificate: Transport Operations  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2023-06-30  TETA 
    Fundamental  59304   National Diploma: Freight Forwarding and Customs Compliance  Level 5  NQF Level 05  Reregistered  2023-06-30  TETA 
    Elective  61589   National Certificate: Banking  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  65649   National Certificate: Official Statistics  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. OnTrack Learning Solutions CC 



    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.