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 QUALIFICATION THAT HAS PASSED THE END DATE: 

National Diploma: Local Government Finance 
SAQA QUAL ID QUALIFICATION TITLE
62400  National Diploma: Local Government Finance 
ORIGINATOR
University of South Africa 
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 Diploma  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  Level 6  NQF Level 06  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Passed the End Date -
Status was "Reregistered" 		 SAQA 06120/18  2018-07-01  2018-12-31 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2019-12-31   2023-12-31  

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 
The qualifying learner will be able to apply integrated local government financial management accounting knowledge as well as advanced financial analysis and problem-solving knowledge to all financial related matters as a local government treasurer or financial official. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
At least 240 credits on NQF-level 5 Local Government Finance.

Recognition of prior learning:
The qualification will also be awarded to a learner who has provided evidence that the stated competence of the qualification has been achieved through experience that complies with the stated specified outcomes. 

RECOGNISE PREVIOUS LEARNING? 
Y 

QUALIFICATION RULES 
The qualification will be awarded to the learner who has provided evidence to the satisfaction of the assessors that the stated competence of the qualification, as detailed in the specified outcomes, has been achieved, either through education and training in a single provider's learning programme, or through experience that complies with the stated specified outcomes. 

EXIT LEVEL OUTCOMES 
1 Analyse and manage accounting systems in compliance with local government, national and international principles to facilitate decision making.

2 Manage local government finance

3 Understanding the influence of micro and macro economic environment and the role of all sectors in the economy on the management of local government finance.


Specified outcomes:

1.
Preparing financial statements according to statutory requirements (GAMAP) (C&F) (60)

Analyse and interpreting financial statements (C&F) (50)

Compile consolidated financial statements for a local authority (C&F) (50)

2.
Planning for budgeting and the management of projects (C&F) (50)
Compile short, medium and long-term budgets and report to all stakeholders (C&F) (50)

Manage bank accounts, fund requests, internal charges, trading accounts and ledger accounts (C&F) (50)

3.
Identify current economic issues and indicate how to address it (C&F) (50)


Critical Outcomes:

The following critical cross field outcomes have been covered by the specific outcomes:
  • Working effectively with others in a team in collecting and processing data.
  • Identifying and solving problems in which responses display responsible conduct.
  • Collecting and organising information.
  • Demonstrating and managing the dynamics between the micro-and intermediate environment as a set of related systems by recognising the basic problem solving does not exist in isolation.
  • Organising and managing oneself and subordinates responsibly and effectively as a local government official. 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    1.
    Financial statements are prepared according to statutory requirements.
  • Financial statements can be analysed and interpreted correctly.
  • Consolidated financial statements for a Local Authority can be compiled correctly.

    2.
    Budgets and projects can be planned
  • Budgets for the short, medium and long-term can be compiled and financial reports can be produced.
  • Bank accounts, fund requests, internal charges, trading accounts and ledger accounts can be managed.

    3.
    Current economic issues can be identified and addressed.

    Integrated assessment:

    The qualification provides for sufficient practical applications of knowledge, skills and attitudes across modules to ensure that the learners competencies can be assessed through the following assessment forms:

    a) Formative assessment:

    Written or oral tests
    Field work/experiential learning
    Simulations
    Mentors
    Tutors
    Assignments
    Peer evaluation
    Case studies
    Portfolios

    b) Summative assessment:

    Written or oral examinations
    Collaborative projects
    Projects 
    		•

    ARTICULATION OPTIONS 
    This qualification forms the basis for admission to the next academic level (B.Tech) in Local Government Finance. This qualification also provides horizontal and vertical career mobility in the local government sector and between local government, public and private sector. 

    MODERATION OPTIONS 
    A National Advisory Committee: Local Government Finance consisting inter alia of the following stakeholders:
  • IMFO Standing Committee on Education and Training
  • Local Government Training Board
  • Student bodies
  • Unions
  • Professional bodies
  • Institute for Municipal Finance Officers (IMFO)
  • Institute for Public Finance and Auditing (IPFA)
  • Institute for local Government Management in South Africa (ILGMSA)
  • South African Local Government Association (SALGA)
  • Institute for Administration and Commerce (IAC) 
    		•

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    (a) Experience

    Related working experience in local government finance department as a supervisor and/or related academic experience in local government financial management with sufficient public sector exposure.

    (b) Qualifications

    At least one level higher. 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015. 

    NOTES 
    N/A 

    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.
     
    1. University of South Africa 


    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.