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: Financial Information Systems 
SAQA QUAL ID QUALIFICATION TITLE
65296  National Diploma: Financial Information Systems 
ORIGINATOR
Central University of Technology, Free State 
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" 		 EXCO 0731/25  2018-07-01  2018-12-31 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2019-12-31   2025-12-31  

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 
A qualifying learner will be able to function effectively as a commercial programmer or as an accountant (including the accountancy sub-fields) in a computer environment. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Diploma in Financial Information Systems or equivalent (level 5) 

RECOGNISE PREVIOUS LEARNING? 
N 

EXIT LEVEL OUTCOMES 
The qualifying learner should be able to:

1. Prepare and interpret financial statements of companies and groups of companies in accordance with GAAP, including the valuation of interests represented by these statements
2. Record the accounting implications of changes within company structure and investments
3. Analyse, design and implement a software system as a member of a team
4. Understand the components, steps, functions and techniques of project management
5. Apply the principles of technologies needed to implement software systems in a database environment
6. Audit manual and computerised business cycles
7. Determine and apply various techniques whereby timeous and accurate information could be made available for decision-making and control
8. Determine the tax liability of individuals, assist in determining the tax liability of other legal entities and prepare submissions to the South African Revenue Services

SPECIFIED OUTCOMES:
1.
Prepare financial statements for companies, disclosing all the information required by GAAP (C 5 credits)
Prepare consolidated financial statements for a group (Max 2 subsidiaries) (C 4 credits)
Illustrate disclosure requirements in respect of changes in accounting policy, leases, instalment sales and earnings per share (C 4 credits)
Determine, compare and interpret ratios of profitability, liquidity, financial structure and financial cover (C 4 credits)
Determine the value of business interests by way of at least 3 valuation methods (C 5 credits)

2.
Prepare the accounting entries and draft the balance sheet reflecting the effect of liquidations, amalgamations and reconstructions (C 4 credits)
Record investment transactions, clearly distinguishing capital from income (C 4 credits)

3.
Analyse and design an integrated business solution for a simulated or real-life situation using enabling information technologies (C 8 credits)
As a member of a team, implement an integrated software system (C 8 credits)

4.
Understand and apply generic project management principles to given case studies (C 8 credits)
Apply project management principles in the development of a software system for a simulated or real-life situation (C 4 credits)

5.
Solve information system problems by applying advanced programming principles in the database environment (F level 5) (10 credits)
Implement a business solution with user interfaces using databases (F level 5) (10 credits)
Design, create and maintain a database to implement the solution (F level 5) (10 credits)

6.
Draw up an audit program in accordance with current practice (E 8 credits)
Perform manual and computerised compliance and substantive financial audit tests on various fields within the organisation (E 8 credits)
Perform manual and computerised operational audit tests on various fields within the organisation (E 8 credits)
Apply statistical sampling in selecting data for audit tests (E 6 credits)

7.
Prepare any budget needed for the planning of future activities of a business (E 6 credits)
Calculate and interpret any variance from a set standard in a budget (E 8 credits)
Analyse and develop ways of controlling marketing expenses (E 6 credits)
Devise and apply quantitative techniques in respect of management decisions (E 10 credits)

8.
Identify taxable income and tax-deductable expenses (E 12 credits)
Prepare annual tax returns for individuals and other bodies (E 6 credits)
Prepare provisional tax returns (E 6 credits)
Explain the tax liability of the employer (E 6 credits)

CRITICAL LEVEL:
The ability to:
  • Take decisions and accept responsibility
  • Communicate effectively, using models, graphic and language skills
  • Work effectively as member of a team
  • Collect, organise and critically evaluate information in order to assess the situation correctly
  • Demonstrate an understanding that the problem-solving contexts do not exist in isolation and therefore require a look at any system as a whole. 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    1.
    Financial statements and consolidated financial statements, illustrating disclosure requirements in respect of accounting policy, leases, instalments and earnings per share, are prepared
    Ratios are calculated, compared and interpreted
    The value of business interests is correctly determined

    2.
    Accounting entries and balance sheets reflecting the effect of liquidations, amalgamations and reconstructions are prepared
    Investment transactions are recorded

    3.
    A business solution is analysed and designed as required by the outcome
    As a member of a team, implement an integrated software system

    4.
    Project management principles and techniques are correctly explained in terms of problems and case studies
    Project management principles are correctly applied, with emphasis on teamwork issues, in the development of a software system

    5.
    Software solutions are designed and translated into computer programmes that, within a given deadline, produce correct results by using acceptable programming principles
    A software solution is implemented correctly, applying good user interface principles
    Software solutions are implemented by interfacing with the database management system

    6.
    An audit programme is drafted in terms of current practice and the required tests are correctly performed
    The audit evidence is validly documented
    An internal audit report is correctly drafted in accordance with professional standards
    Statistical sampling is correctly applied to the selection process

    7.
    Budgets are correctly prepared
    Variances are correctly calculated and interpreted
    Marketing expenses are analysed and ways discussed whereby these could be controlled
    Quantitative techniques are correctly devised for and applied to management decisions

    8.
    The tax liabilities of different legal entities are determined
    Annual tax returns are prepared
    Provisional tax returns are prepared
    The tax liability of the employer is determined

    Integrated assessment:

    Competency is formatively assessed by way of tests and projects, and summatively by way of written and practical examinations. 

    ARTICULATION OPTIONS 
    BTech: Financial Information Systems 

    MODERATION OPTIONS 
    As required by SERTEC 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    As required by SERTEC 

    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. Central University of Technology, Free State 


    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.