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:

National Certificate: Accounting

SAQA QUAL ID	QUALIFICATION TITLE
1165	National Certificate: Accounting
ORIGINATOR
Committee of Technikon Principals
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY			NQF SUB-FRAMEWORK
CHE - Council on Higher Education			HEQSF - Higher Education Qualifications Sub-framework
QUALIFICATION TYPE	FIELD		SUBFIELD
National 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	Level 5	Level TBA: Pre-2009 was L5	Regular-Provider-ELOAC
REGISTRATION STATUS		SAQA DECISION NUMBER	REGISTRATION START DATE	REGISTRATION END DATE
Passed the End Date - Status was "Registered"		SAQA 9900/00	2003-07-01	2006-06-30
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2007-06-30		2010-06-30

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

To apply, general accounting principles as an Accounting clerk in a variety of business entities.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

NQF level 4 with language proficiency in English. With at least: * Accountancy HG: E or SG: C symbol or relevant experience in bookkeeping * Mathematics HG: E or SG: C symbol or relevant expertise. Recognition of prior learning: Through a combination of technikon learning and the recognition of relevant experience and/or learning at appropriate levels which comply with the capabilities defined for this qualification

RECOGNISE PREVIOUS LEARNING?

Y

QUALIFICATION RULES

The qualification shall be awarded to a learner who has completed the required credits either through formal education at the technikon , or through a combination of technikon learning and the recognition of relevant experience and/or learning at appropriate levels which comply with the capabilities defined for this qualification

EXIT LEVEL OUTCOMES

1. Apply the principles of Cost and Management Accounting to simple business entities. 2. Explain the broad principles of business management. 3. Apply the basic principles and procedures of Financial Accounting to interpret and implement financial information in the business world. 4. Understand and apply the basic legal principles within the corporate environment. 5. Communicate effectively by means of oral, written and mathematical persuasions. Specified outcomes: 1. Determine the scope of management accounting Classify cost and revenue Calculate the material, labour and overhead costs Calculate the cost of a job and costs in a process costing system Apply the cost-volume- profit analysis 2. Describe the nature and scope of business economics Enumerate the functional classification of enterprises Explain the nature and scope of entrepreneurship and the small business 3. Process financial input documents and update and inquiry handle debtors, creditors, stock and general ledgers. Prepare and analyse financial statements for simple businesses. 4. Understand the South African legal system. Understand and apply the rules relating to the Interpretation of Statutes Understand and apply knowledge of principles relating to the Law of Contract and Agency Understand and apply the legal principles relating to Contract of Sale and Lease Understand the legal principles relating to negotiable instruments Understand and apply laws relating to insolency Understand and apply laws relating to Administration of Estates Understand laws relating to Surety Understand and apply the Statues relating to property transaction 5. Communicate effectively by means of oral, written and mathematical persuasions Critical outcomes: a) Communicating effectively by means of oral, written and mathematical persuasions. b) Working effectively with others in a team. c) Identifying and solving basic problems. d) Demonstrating an understanding of the dynamics between the micro- and intermediate environments as a set of related systems by recognizing that basic problem-solving does not exist in isolation. e) Collecting, analysing, organising and critically evaluating information. f) Using science and technology effectively. g) Contributing to the personal development of the learner and the social and economic development of society.

ASSOCIATED ASSESSMENT CRITERIA

1. The comparisons between management accounting and financial accounting will be tabulated The decision-making process, management process and the role of management accountant will be illustrated. The scope of cost accounting and management accounting will be explained. The following will be explained: Costs objectives, Classification of costs, Cost accounting: classification of costs for stock - valuation and profit measurement Classification for decision-making and planning Classification for control The following knowledge will be evident in the calculation of material, labour and overhead costs: Material: material costs procedures, pricing of raw material, material costs per product and just-in-time purchasing, Labour: accounting for labour, net wage payable in cash, labour recovery rate per labour hour, labour cost per product Overheads: an overview of the procedure for the allocation overheads to products, determination of the budgeted overheads, allocation of overheads to all departments and secondary allocation, predetermined overhead costs, overhead cost per product and over heads for control. The appropriate accounting system will be used to illustrate the calculation of job costing and process costing. The following knowledge will be evident in the application of the cost-volume-profit analysis: The cost-volume-profit model, A mathematical approach to costs-volume-profit analysis, Margin of safety. 2. The description of the nature and scope of business economics will include demonstration of knowledge of: The concept of business economics A review of the most important economic systems The business as a needs-satisfying institution of capitalism Forms of enterprises Consideration in the establishing an enterprise The enterprise and its environment. The different functional classification of the enterprise will be explained. The nature and scope of entrepreneurship and small business will be explained by demonstrating the following knowledge: The concept entrepreneurship The concept informal sector The small business as an institution within the formal sector Opportunities and establishment possibilities of small businesses Viability of small business opportunity The business plan Institutions in South Africa that provide assistance to the entrepreneurs and the small businesses. 3. The transactions will be completed accurately using the generally accepted accounting procedures. Financial statements will be analysed and interpreted 4. The knowledge of the following issues relating to Contract of Sale and Lease will be demonstrated: Normative systems and sources of law Purpose and lay out of the Constitution,1996 Current principles governing delictual liability Unjustified enrichment Guidelines to interpret statues will be explained. The following issues relating to law of Contract and Agency will be demonstrated: Contracts will identified and explained, Requirements of a valid will be discussed, the consequences of a valid contract will be explained, The terms of the contract will be distinguished, Breach of contract will be defined and appropriate remedies will be discussed, The various ways of terminating contracts will be named. The knowledge of the following issues relating to Contract of sale and Lease will be demonstrated: The contract of purchase and sale will be defined? Transfer of ownership Duties of parties Passing of the risk rule Principles and sections of the Credit agreement act 75 of 1980 Objectives of the Usury act of 1968 Contract of lease Termination of lease The nature of negotiable instruments will be analysed, order and bearer instruments will be discussed, and the concept negotiation and endorsement will be defined. Forms of sequestration will be defined; the effects of sequestration order and procedure will be explained. The rights and duties of the insolvent will be named, the concepts composition and rehabilitation will be explained., the effect of insolvency on partnership will be explained Knowledge of the issues relating to Administration of Estates laws relating to Surety will be demonstrated: Rights, duties and appointment of executors Procedure involved in liquidation of an estate Effect on joint estates and insurance policies Limited interests in property Massed estates Rules relating to insolvent deceased estates Rights and duties of administrators Position of Trustees' tutors and curators Surety as a form of security for debt will be explained The basic provisions of the following Acts will be explained: Sectional Titles Act and the Share Block Schemes Act. Rules relating to times sharing schemes will be explained. 5. The learner will demonstrate the following knowledge , skills and attitudes to be competent in communicating effectively: Study skills Basic blocks of communication Self and communication Interpersonal communication An introduction to writing Oral presentation Transactional analysis and establishing rapport Effective listening Non-verbal communication using writing Intercultural communication Expressing yourself successfully Corporate conduct Integrated assessment: A range of formative and summative methods and techniques in the form of written tests, practical exercises and case studies, projects and written examinations. Official registration for articles at the professional bodies. The professional bodies will control and manage the process as they have done in the past. This includes the assessment of prior formal, informal and non-formal learning that may contribute to the achievement of the qualification.

ARTICULATION OPTIONS

To a qualification at NQF level 5 Diploma (Accounting)

MODERATION OPTIONS

SERTEC Advisory Committee SAICA (South African Institute of Chartered Accountants) ICFA (Institute of Commercial and Financial Accountants) SAIBA (South African Institute of Business Accountants)

CRITERIA FOR THE REGISTRATION OF ASSESSORS

All assessors needs to meet the SERTEC requirements Experience Related working experience at a senior level and / or academic experience in accountancy Qualifications At least one level higher (e.g. National Diploma)

NOTES

While South Africa still had Technikons, all of their qualifications were registered under the Committee of Technikon Principals. After the Technikons became Universities of Technology or merged with Universities, the qualifications were registered under each of these institutions, and the CTP qualifications fell away (hence the end date of 2006, above). Where relevant, replacement information is shown in the table above.

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.

NONE

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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.