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: 

Contribute to the planning and allocation of resources within an accounting framework 
SAQA US ID UNIT STANDARD TITLE
13000  Contribute to the planning and allocation of resources within an accounting framework 
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 5  Level TBA: Pre-2009 was L5  10 
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 
People credited with this unit standard are generally found within the accounting technician field. On successful completion of the unit standard, people will be able to Produce forecasts of income and expenditure, produce budget proposals and monitor performance against budgets, and in so doing contribute to the planning and allocation of resources from an accounting perspective. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Accounting at NQF level 4, Planning skills. 

UNIT STANDARD RANGE 
A person may exhibit this competence in the private and/ or the public sector. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Prepare forecasts of income and expenditure. 
OUTCOME RANGE 
Income and expenditure 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Relevant data for projecting forecasts is identified and sourced. 
ASSESSMENT CRITERION RANGE 
Accounting information, Wage and salary information, Market information, General economic information
 

ASSESSMENT CRITERION 2 
2. Relevant individuals are given the opportunity to raise queries and to clarify forecasts. 

ASSESSMENT CRITERION 3 
3. Forecasts are produced in a clear format with explanations of assumptions, projections and adjustments. 

ASSESSMENT CRITERION 4 
4. The validity of forecasts is reviewed in the light of any significant anticipated changes. 

SPECIFIC OUTCOME 2 
Produce draft budget proposals 
OUTCOME RANGE 
Budget for current expenditure, Resource budget, Capital budget 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Draft budget proposals are presented to management in a clear and appropriate format an on schedule. 

ASSESSMENT CRITERION 2 
2. Draft budget proposals are consistent with organisational objectives, have taken all relevant data into account and are agreed with budget holders. 
ASSESSMENT CRITERION RANGE 
Data; accounting information, wage and salary information, market information, general economic information
 

ASSESSMENT CRITERION 3 
3. Annual budgets are broken down into periods in accordance with anticipated seasonal trends. 

ASSESSMENT CRITERION 4 
4. Discussions with budget holders are conducted in a manner which maintains goodwill and professionalism. 

SPECIFIC OUTCOME 3 
Monitor the performance of responsibility centres against budget 
OUTCOME RANGE 
Budget for current expenditure, Resource budget 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Budget figures are checked and reconciled on an ongoing basis. 

ASSESSMENT CRITERION 2 
2. Actual costs and revenue data are correctly coded and allocated to responsibility centres. 
ASSESSMENT CRITERION RANGE 
Responsibility centres; expense centres, profit centres
 

ASSESSMENT CRITERION 3 
3. Variances are clearly identified and reported to management in routine reports. 
ASSESSMENT CRITERION RANGE 
Actual and potential variances
 

ASSESSMENT CRITERION 4 
4. Significant variances are discussed with managers and assistance is given to managers in taking remedial action. 

SPECIFIC OUTCOME 4 
Demonstrate an understanding of the business and accounting environment. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Various accounting techniques are described and utilised in the process of planning and allocating resources within the accounting framework. 
ASSESSMENT CRITERION RANGE 
Basic statistical methods, Computer packages, Budget control system co-ordination, Budget factor, Capacity levels, Budget variances
 

ASSESSMENT CRITERION 2 
2. The principles and theory underpinning accounting are explained in relation to costing systems within the framework of GAAP, GRAP and GAMAP. 
ASSESSMENT CRITERION RANGE 
Budgetary control, planning and co-ordination, Relationships between budgets, forecasts and planning cycles, Different types of budget
 

ASSESSMENT CRITERION 3 
3. Organisational policies and procedures related to accounting and administrative systems are explained in GAAP and/ or GRAP terms. 
ASSESSMENT CRITERION RANGE 
Business transactions, Organisational structure and responsibility centres, Inter-relationships between departments and functions
 


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 Option: Moderation activity comments by SGB's, organisations and individuals may be forwarded to NSB03. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
A demonstrated understanding of:
  • Accounting techniques
  • Accounting principles and theory
  • The organisation
  • Variance analysis
  • Standard costing and budgetary control systems
  • General economic environment
  • Basic statistical methods
  • Budgeting
  • Forecasting

    Terminology
  • GAAP - Generally Accepted Accounting Practice
  • GRAP - Generally Recognised Accounting Practice
  • GAMAP - Generally Accepted Management Accounting Practice 


  • Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Work effectively with others as a member of a team, group, organisation and community. 

    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, mathematical and language skills in the modes of oral and written presentations. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically (showing responsibility towards the environment and health of others). 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems. 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  20188   National Certificate: Real Estate  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2023-06-30  SERVICES 
    Core  36213   National Diploma: Technical Financial Accounting  Level 5  NQF Level 05  Reregistered  2023-06-30  FASSET 
    Elective  58376   Further Education and Training Certificate: Bookkeeping  Level 4  NQF Level 04  Reregistered  2023-06-30  FASSET 


    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. Definitive Training Solutions CC 
    2. Training for Results (Pty) Ltd 



    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.