|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|
|National Diploma: Public Finance Management and Administration|
|SAQA QUAL ID||QUALIFICATION TITLE|
|49554||National Diploma: Public Finance Management and Administration|
|SGB Public Administration and Management|
|PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY||NQF SUB-FRAMEWORK|
|LG SETA - Local Government and related Services Sector Education and Training Authority||OQSF - Occupational Qualifications Sub-framework|
|National Diploma||Field 03 - Business, Commerce and Management Studies||Public Administration|
|ABET BAND||MINIMUM CREDITS||PRE-2009 NQF LEVEL||NQF LEVEL||QUAL CLASS|
|Undefined||260||Level 5||NQF Level 05||Regular-Unit Stds Based|
|REGISTRATION STATUS||SAQA DECISION NUMBER||REGISTRATION START DATE||REGISTRATION END DATE|
|LAST DATE FOR ENROLMENT||LAST DATE FOR ACHIEVEMENT|
|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|
|Note on quality assurance:
Although the Local Government SETA is accredited to quality assure delivery of this qualification, a Memorandum of Understanding between LG SETA and the Public Service SETA allows PSETA to quality assure the qualification in the National and Provincial Government spheres, while LG SETA will quality assure Local Government providers. However, learner results from providers for the National and Provincial Government spheres will be uploaded and reflected against the LG SETA.
The purpose of the NQF level 5 Public Finance and Administration qualification is to provide a structured programme for public officials that work with senior management officials so as to provide support to strategic leadership and management needed to transform all spheres of government. The need for well-qualified efficient, client-oriented public officials is therefore identified as a priority in all the three spheres of government. The National Diploma in Public Finance Management and Administration (NQF level 5) is aimed at practitioners working in the public sector. It is a qualification in a career pathway towards an accomplished public finance management and administration specialist.
The National Diploma in Public Finance and Administration consists of exit level learning outcomes covering accounting reporting, administration, auditing, budgeting, economics, information systems, business calculations, risk management and legislative framework for the public sector. The competencies covered in the unit standards encapsulate the competencies required by public officials working at the operational level.
The qualification will therefore enhance the ability of the qualifying learner as a public finance official to perform the necessary financial administration tasks expected as well as improve management abilities. In this way, the qualification enhances transferability of skills within different spheres of the public sector. At the same time, a learner will gain a firm foundation required for studies leading to qualifications registered at NQF levels 6 and 7. All these enhance transferability of skills between the private and public sector.
With regard to the implementation of public financial management and administration reforms, the qualification serves, as a basis of an effective implementation process by defining and identifying those competencies required by technical public officials. The possession of relevant knowledge, skills and attitudes by technical public officials is crucial to the implementation of public sector financial management and administration reforms. Thus, the qualification contributes to the upliftment of the South African economy in line with the aims of existing skills development legislation through enhancing of skill levels of public sector employees.
Qualifying learners could follow a career within the Public Sectors in:
The public officials in South Africa operate in a wide variety of roles within the public management structures. Often they work in diverse operating and service delivery circumstances. Therefore, they have to be widely acknowledged for their understanding and awareness of the unique characteristics and challenges they may face in the process of service delivery.
The sustainability of South Africa's democratic process and developmental governance are strongly linked to capacity building within the three spheres of government, i.e. the national, provincial and local spheres of government. It is imperative that public officials receive an up-to-date relevant and respected public financial management and administration qualification that recognises that the knowledge and skills which South Africa's public sector officials require have been satisfactorily obtained. In order to do that most effectively, public officials need to have excellent awareness and understanding of the changing needs of today's public service delivery systems and to identify very clearly the highly relevant expertise which these officials bring to their roles in the public sector.
The exit level learning outcomes highlight many of the public finance management and administration skills required within the public sector. Such skills and knowledge are geared towards enabling public officials in all spheres of government to operate effectively and successfully in a demanding environment. Therefore, exit level outcomes and related assessment criteria are outlined for the areas of competence, which mark out public financial management as key and highly influential in public sector service delivery.
It is understandable that most public officials will occupy specialised positions that do not require all of the contributions outlined in this qualification. In that sense, some of the exit level outcomes are shown as electives that address specialised knowledge and skills.
The National Diploma in Public Finance Management and Administration is a specialised Qualification which offers administrative, managerial and financial knowledge and skills to learners who:
The skills, knowledge, values and attitudes reflected in the Qualification are building blocks that will be developed further in a related NQF Level 6. The intention is:
The National Diploma in Public Finance Management and Administration: Level 5 should produce knowledgeable, multi-skilled workers who are able to contribute to improved productivity and efficiency within the public sector. It should provide the means for current workers to receive recognition of prior learning, to upgrade their skills and achieve a nationally recognised qualification. It should also assist new entrants to the public sector.
It will ensure that the quality of education and training in the public sector is enhanced and of a world-class standard.
The National Diploma at NQF Level 5 allows the learner to work towards a nationally recognised qualification. The qualification will allow both those in formal education and those already employed in organisations in the Public Finance Management and Administration field access to a Qualification that can be used as a benchmark to gauge their competence against local and international standards.
|LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING|
|Learners should be competent in:
Recognition of prior learning:
The structure of this Unit Standard based Qualification makes the Recognition of Prior Learning possible. Learner and Assessor will jointly decide on methods to determine prior learning and competence in the knowledge, skills, values and attitudes implicit in the Qualification and the associated Unit Standards. Recognition of Prior Learning will be done by means of an Integrated Assessment as mentioned in the previous paragraph.
This Recognition of Prior Learning may allow for:
All recognition of Prior Learning is subject to quality assurance by the relevant ETQA or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
|RECOGNISE PREVIOUS LEARNING?|
|Level, credits and learning components assigned to the qualification:
The Diploma is made up of a planned combination of learning outcomes that have a defined purpose and will provide qualifying learners with applied competence and a basis for further training.
The qualification is made up of Unit Standards that are classified as Fundamental, Core and Elective. A minimum of 260 credits is required to complete the qualification.
In this qualification the credits are allocated as follows:
Fundamental: 73 credits - 28%
Core: 162 credits - 63%
Electives: 25 credits - 10%
Total: 260 credits - 100%
Motivation for number of credits assigned to fundamental, core and elective:
Unit Standards to the value of seventy-three credits are allocated to the subject areas of communication, ethics, statistics, mathematics, economics and self-development.
Ten credits have been assigned to the communications aspect of the fundamental component which focuses on communication skills required to effectively fulfil public finance management and administration functions within the public sector.
Fifteen credits in Mathematical Literacy have also been included in the Fundamental Component, focusing on the mathematics required to effectively work within the public finance management and administration sector.
Eight credits have been allocated to ethics and professional codes of conduct required in the public sector.
It is also viewed that self-development and awareness are an integral part of the effective public finance management and administration function. For this reason, ten credits have been allocated to this learning area, covering all aspects of self-development, ranging from awareness of self and interactions with others, and developing a career plan within the public sector.
Economic principles and statistics are viewed as very important aspects of this qualification and therefore forms integral platforms to the learner effectively completing the fundamental component of this qualification. Thirty credits each have been allocated to these learning areas.
All the Unit Standards are compulsory.
One hundred and sixty two credits have been allocated to Unit Standards in the Core Component of this Qualification. This is to ensure that the Qualification has a strong Public Finance Management and Administration focuses. The Unit Standards classified as Core describe Public Finance Management and Administration knowledge and skills that are generic to various public sector contexts where Finance, Management and Administrative functions of one kind or another are executed. They provide an opportunity to develop knowledge of Public Sector Finance Management and Administration through research, formal learning and workplace practice and/or simulated situations. The Unit Standards encourage application of knowledge and skills in real situations. The Core Unit Standards provide the basic knowledge and skills that all workers need to know about Public Finance Management and Administration.
All Unit standards are compulsory.
There are Unit Standards totalling Ninety-five credits in this Component. These Unit Standards lead on from the core component in focusing on learning areas to pertinent to Public Finance Management and Administration and will enable learners to gain specialist knowledge and skills, which are particularly relevant, or of interest to the learner or a particular learning context. Learners are required to select Electives that add up to at least twenty-five credits. While learners may choose any of the Electives to make up the 25 credits, it is preferable that the learner chooses the complete set of Standards covering each specialist area even if this should mean that the minimum number of credits is exceeded.
|EXIT LEVEL OUTCOMES|
|1. Conduct and apply mathematical analyses relating to economics and finance.
2. Discuss the selected legislative regulatory framework governing the public sector management and administration environment.
3. Apply principles of information systems to public finance and administration.
4. Manage and develop oneself in the public sector work environment.
5. Apply economics principles to finance and management decisions.
6. Apply knowledge of ethical principles and standards of professional conduct in public sector administration.
7. Apply communication principles in the coordination of selected public sector communication programmes.
8. Apply accounting principles and procedures in the preparation of reports for decision-making.
9. Apply the principles of budgeting within a municipality.
10. Apply cost management information systems in the preparation of management reports.
11. Apply principles, regulations and legislation underlying supply chain management in the public sector.
12. Conduct and apply statistical analyses required to make informed public sector finance decisions.
13. Apply selected GRAP statements to the periodic accounting reporting process.
14. Prepare and interpret tax reports and returns in accordance with South Africa's tax revenue law.
15. Conduct auditing planning and implementation in a South African municipality.
16. Analyse and evaluate the impact of macroeconomic data on the operating environment of the public sector.
17. Manage the development and performance of human capital in the public sector.
18. Apply operations research principles and tools in the management of project activities and resources.
19. Participate in the planning and implementation of disaster management systems.
20. Conduct working capital management activities in accordance with sound policy.
21. Apply principles of computerised systems to manage data and reports relevant to the public sector administration.
22. Apply principles of risk management to manage and report risk situations.
23. Apply the legislation governing the establishment and management of public entities.
24. Plan and implement public-private partnerships for municipal service delivery.
|ASSOCIATED ASSESSMENT CRITERIA|
Because assessment practices must be open, transparent, fair, valid, and reliable and ensure that no learner is disadvantaged in any way whatsoever, an integrated assessment approach is incorporated into the Qualification.
Learning, teaching and assessment are inextricably lined. Whenever possible, the assessment of knowledge, skills, attitudes and values shown in the unit standards should be integrated.
Assessment of the communication, language, literacy and numeracy should be conducted in conjunction with other aspects and should use authentic Public sector contexts wherever possible.
A variety of methods must be used in assessment and tools and activities must be appropriate to the context in which the learner is working. Where it is not possible to assess the learner in the workplace or on-the-job, simulations, case studies, role-plays and other similar techniques should be used to provide a context appropriate to the assessment.
The term 'Integrated Assessment' implies that theoretical and practical components should be assessed together. During integrated assessments the assessor should make use of formative and summative assessment methods and assess combinations of practical, applied, foundational and reflective competencies.
Assessors and moderators should make use of a range of formative and summative assessment methods. Assessors should assess and give credit for the evidence of learning that has already been acquired through formal, informal and non-formal learning and work experience.
Assessment should ensure that all specific outcomes, embedded knowledge and critical cross-field outcomes are evaluated. The assessment of the critical cross-field outcomes should be integrated with the assessment of specific outcomes and embedded knowledge.
|Benchmarking was done by comparison to Unit Standards/Outcomes of learning against the Standards Public Finance Management and Administration in:
Australia, a Chief Financial Officer (CFO) in any level of government is expected either to be a Chartered or Certified Practicing Accountant. The qualification of a Chartered or Certified Practicing Accountant requires a minimum of a three-year degree, articles served over a three-year period and a further training course designed by the relevant professional body. Those who desire to move from a specialist senior management position to general management usually use their credits towards an MBA qualification and concentrate on study units relating to general and strategic management and industry specific units. The National Diploma in Public Finance Management and Administration qualification is a technical qualification at a level lower than that of CPA.
The United Kingdom and Ireland, Financial Managers in Public Administration are expected to be members of the Chartered Institute of Public Finance and Accountancy (CIPFA) and to comply with their requirements. CIPFA promotes public sector finance management interest through its professional qualification and continuing professional development scheme; and through its regulatory role comprising the setting of professional standards and the maintenance of a professional disciplinary scheme for members. The National Diploma in Public Finance Management and Administration form a good basis for learners who wish to qualify as CIPFA members. The National Diploma: Public Finance Management and Administration compares quite favourably with the Certificate in Business Accounting offered by the Chartered Institute of Management Accountants (UK).
Kenya Accountants and Secretaries National Examination Board (KASNEB) is an examination body which registers learners and sets administers and manages accounting, finance, administration and management examinations both at professional and technician levels.
The examinations of the Board are recognised worldwide and are comparable to similar professional examinations (ACCA and CIS) in the world.
The Board administers the following four major examinations:
> The Certified Public Accountants (CPA) examination for those learners who wish to qualify and work as professional accountants, auditors, finance managers, tax and financial consultants. The CPA qualification has two elective subjects on government finance and government Accounting. The learning outcomes underlying this qualification are equivalent to SAQA`s NQF level 7 outcomes.
> The Certified Public Secretaries (CPS) examination for those learners who wish to qualify and work as corporate secretaries, company secretaries, town clerks, secretary managers, consultants and managers in industry and commerce; administrators and human resources advisers in public and private institutions. The CPS qualification has two elective subjects on government finance and government Accounting. The learning outcomes underlying this qualification are equivalent to SA's NQF level 6 broad outcomes. This is the highest qualification that must be held by candidates seeking to fill Municipal Managers (Town Clerk) and Treasurers positions in Kenya's local government.
> The Kenya Accounting Technicians Certificate (KATC) examination for those learners who wish to obtain a qualification as specialised middle-level accountants, who are also known as accounting technicians. The learning outcomes of this qualification closely match those attributable to accounting technicians` qualifications registered at an NQF level 5 in South Africa.
> The Kenya Administration and Management Examination (KAME) is for those learners who wish to obtain a qualification as supervisors, administrative officials, section heads and first level managers and administrators in the public and private sectors.
Middle managers in administration in the Kenyan government or local governments are expected to hold either the KATC or KAME Qualifications.
Faculties of economics and management sciences at universities tend to offer subjects whose technical and academic content is closely aligned to the examinations administered by KASNEB. It follows that there is insignificant coverage of public sector finance and accounting issues given that they tend to receive a peripheral treatment in the CPS/CPA examinations administered by KASNEB. The training situation is not materially different from that prevailing in Tanzania and Uganda given that the two countries have tended to adopt a similar approach to training of management, accounting and finance professionals.
The University of Namibia has a certificate programme in Taxation and Public Finance, which was designed in 2000 to equip those high school graduates with experience in technical accounting issues in the central and local government.
On the basis of the scope of subjects and related learning outcomes addressed, this certificate programme can only be equated to certificates in finance registered at an NQF level 5. This qualification provides a foundation to first degrees in accounting, administration and finance at the same university. The holders of this qualification require a further advanced degree in order to hold the positions of CEOs or CFOs at government organisations.
This Diploma in Public Finance Management and Administration NQF Level 5 contains the skills and knowledge required for the South African situation. This qualification presents the learner with the necessary knowledge and skills required to carryout public financial management and administration functions in South Africa. The competencies related to the administration, accounting and finance function are specifically dealt with in this qualification.
|This Qualification articulates horizontally with the following Qualifications:
Vertical articulation is possible with the following Qualifications:
Anyone wishing to be assessed against this Qualification may apply to be assessed by any assessment agency, assessor or provider institution that is accredited by the relevant ETQA.
|CRITERIA FOR THE REGISTRATION OF ASSESSORS|
|For an applicant to register as an assessor, the applicant needs:
|As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2012; 2015.|
|As per the SAQA decision to re-register all provider-based qualifications on the National Qualifications Framework that meet the criteria for re-registration, this qualification has been re-registered from 1 July 2018. As per the SAQA decision to re-register all provider-based qualifications on the National Qualifications Framework that meet the criteria for re-registration, this qualification has been re-registered from 1 July 2018. N/A|
|ID||UNIT STANDARD TITLE||PRE-2009 NQF LEVEL||NQF LEVEL||CREDITS|
|Core||119347||Analyse and evaluate the impact of macroeconomic data on the operating environment of the public sector||Level 5||Level TBA: Pre-2009 was L5||12|
|Core||119350||Apply accounting principles and procedures in the preparation of reports and decision making||Level 5||Level TBA: Pre-2009 was L5||15|
|Core||119341||Apply cost management information systems in the preparation of management reports||Level 5||Level TBA: Pre-2009 was L5||15|
|Core||119351||Apply principles of computerised systems to manage data and reports relevant to the public sector administration||Level 5||Level TBA: Pre-2009 was L5||10|
|Core||119352||Apply principles of information systems to public finance and administration||Level 5||Level TBA: Pre-2009 was L5||12|
|Core||119349||Apply principles of risk management to manage and report risk situations||Level 5||Level TBA: Pre-2009 was L5||8|
|Core||119345||Apply principles, regulations and legislation underlying supply chain management in the public sector||Level 5||Level TBA: Pre-2009 was L5||15|
|Core||119348||Apply selected GRAP (Generally Recognised Accounting Practices) to periodic accounting reporting process||Level 5||Level TBA: Pre-2009 was L5||12|
|Core||119344||Apply the legislation governing the establishment and management of public entities||Level 5||Level TBA: Pre-2009 was L5||12|
|Core||116345||Apply the principles of budgeting within a municipality||Level 5||Level TBA: Pre-2009 was L5||15|
|Core||119331||Conduct working capital management activities in accordance with sound financial management policy||Level 5||Level TBA: Pre-2009 was L5||12|
|Core||119334||Discuss the selected legislative regulatory framework governing the public sector management and administration environment||Level 5||Level TBA: Pre-2009 was L5||12|
|Core||119336||Manage the development and performance of human capital in the public sector||Level 5||Level TBA: Pre-2009 was L5||12|
|Fundamental||119340||Apply economic principles to finance and management decisions||Level 5||Level TBA: Pre-2009 was L5||15|
|Fundamental||119342||Apply knowledge of ethical principles, standards and professional conduct in public sector management and administration||Level 5||Level TBA: Pre-2009 was L5||8|
|Fundamental||119346||Apply sound communication principles in the coordination of selected public sector communications programmes||Level 5||Level TBA: Pre-2009 was L5||10|
|Fundamental||119333||Conduct and apply mathematical analyses relating to economics and finance||Level 5||Level TBA: Pre-2009 was L5||15|
|Fundamental||119335||Conduct and apply statistical analyses required to make informed public sector finance decisions||Level 5||Level TBA: Pre-2009 was L5||15|
|Fundamental||119332||Manage and develop oneself in the public sector work environment||Level 5||Level TBA: Pre-2009 was L5||10|
|Elective||119343||Apply operations research principles and tools in the management of project activities and resources||Level 5||Level TBA: Pre-2009 was L5||15|
|Elective||337061||Demonstrate knowledge and insight into a bid committee system applicable to an Organ of State in South Africa||Level 5||Level TBA: Pre-2009 was L5||15|
|Elective||119337||Operate an internal audit function as a component of a risk management system to ensure reliability of accounting system||Level 5||Level TBA: Pre-2009 was L5||12|
|Elective||119338||Participate in the planning and implementation of disaster management systems||Level 5||Level TBA: Pre-2009 was L5||8|
|Elective||119339||Prepare and interpret tax reports and returns required by South Africa's legislation||Level 5||Level TBA: Pre-2009 was L5||12|
|Elective||116340||Apply costing principles to municipal operational and service-based costing||Level 6||Level TBA: Pre-2009 was L6||11|
|Elective||116346||Apply techniques and South African statutes to cash and investment management in a municipal environment||Level 6||Level TBA: Pre-2009 was L6||10|
|Elective||116358||Contribute to the strategic planning process in a South African municipality||Level 6||Level TBA: Pre-2009 was L6||15|
|Elective||119353||Plan and implement public-private partnerships for municipal service delivery||Level 6||Level TBA: Pre-2009 was L6||12|
|LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION:|
|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.
|4.||Bokatoka Construction and Projects|
|5.||Change Strategies Consulting Services CC|
|6.||Cradle Stars Trading Enterprise|
|7.||CTC College(PTY) LTD.|
|8.||Development Bank of Southern Africa (DBSA)|
|9.||DITEBOGO CONSULTANCY CC|
|10.||Elective Training Institute Enterprise CC|
|11.||Eskilz College (Pty) Ltd|
|12.||ETAMIC PTY LTD|
|13.||Excellent Minds Institute (Pty) Ltd|
|14.||GATYANA TRAINING ACADEMY|
|15.||Glere Skills and Consultants|
|17.||Growth Management Consulting|
|18.||Hadima Training Academy|
|19.||Health Science Academy|
|20.||Hlombe and Associates|
|21.||IGKM Management Services (Pty) Ltd|
|22.||Institute of Public Affairs and Governance PTY (LTD)|
|24.||Jeppe College of Commerce and Computer Studies|
|25.||Josmap Training Institute|
|26.||KAGISHO BUSINESS CONCEPTS (Pty) LTD|
|27.||Kelsey Events and Business Consulting|
|28.||KOKANO PROJECTS PTY LTD|
|29.||Konwaba Training Solutions|
|30.||Letlhokoa Management Services CC|
|31.||LMMM Training and Development|
|34.||Management College of Southern Africa (MANCOSA)|
|35.||Maritime Business Institute|
|36.||MARS Business Consulting|
|37.||MATEPE INVESTMENTS (PTY) LTD|
|38.||MJ Mafunisa Consulting (PTY) LTD|
|39.||MML Consulting CC.|
|40.||Mortarboard Training Solutions|
|41.||Motheo Skills Entity|
|42.||MTK Corporate Solutions|
|43.||MUHANGWENE DEVELOPMENT ENTERPRISE|
|44.||Nalengmokoni Investors (Pty) Ltd|
|45.||Nkqubela Community Developers|
|47.||Onyx Training Support|
|48.||Pachi Global Foundation|
|49.||Pebetse Training and Consulting|
|50.||Pioneer Business Consulting|
|51.||PMA Holdings (PTY ) LTD.|
|52.||Princetop Corporative Training (Pty) Ltd|
|53.||Progressive School of Business and Engineering (Pty)|
|54.||PTDEV (Pty) Ltd|
|55.||Pulakgadi Training Consulting CC|
|57.||Regent Business School (Pty) Ltd t/a Regent Business School|
|58.||Resonance Institue of Learning|
|59.||Silalele Consulting CC.|
|60.||South African Corporate Training Association|
|62.||Talent Centre Training|
|63.||Talent Emporium Academy (PTY) Ltd|
|64.||Tasc Business Consulting and Training|
|65.||The Crimson CO CC.|
|66.||Thinking Mind Trading|
|67.||Thuto-Boswa Education and Training Solution|
|68.||Tloumogale Business Development & Consulting|
|69.||Transafric Consulting Pty Ltd|
|70.||Tshepang Consulting & Project|
|71.||TWINMARK STRATEGY AND MANAGEMENT CONSULTANTS|
|72.||UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD|
|73.||Vibra Skills CC.|