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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION THAT HAS PASSED THE END DATE: 

Bachelor of Technology: Internal Auditing 
SAQA QUAL ID QUALIFICATION TITLE
65341  Bachelor of Technology: Internal Auditing 
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
B Tech  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  480  Level 7  Level TBA: Pre-2009 was L7  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   2024-12-31  

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 act as an audit team manager performing (manual and computerised) financial and operational audit functions. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
First degree in Internal Auditing or equivalent (Level 6). 

RECOGNISE PREVIOUS LEARNING? 
N 

EXIT LEVEL OUTCOMES 
The qualifying learner should be able to:

1. Audit manual and computerised business cycles, including networks.

2. Prepare, analyse and interpret complex Financial Statements for companies, applying GAAP (including certain accounting standards).

3. Manage the financial aspects of business up to corporate level.

4. Determine and apply various techniques whereby timeous and accurate information could be made available for decision-making and control.

5. Effectively apply communication principles to a variety of communication activities, contexts for resolving communication problems.

6. Plan, organise, lead and control business activities.

7. Compile a research proposal.

Specified outcomes:

1. Analyse computer Information System network architecture (c) (8 credits).
  • Describe management's role and function within an organisation (C) (8 credits).
  • Identify the basic rules necessary for the efficient running of an Internal Audit Department. (C) (8 credits).

    2. Apply the principles of the Accounting Framework (AC000) to all financial accounting topics. (C) (4 credits).
  • The following accounting standards (per AC series) are to be applied in preparing financial statements:
    AC100, AC101, AC102, AC105, AC107, AC108, AC109, AC113, AC11 (C) (8 credits).
  • Calculate and apply ratios of profitability, liquidity, financial structure and financial cover in order to assess profitability, liquidity, capital structure and assurance of income, on a comprehensive basis, selecting the relevant "tools" of analysis. (C) (4 credits).
  • Prepare and interpret cash flow statements in compliance with AC118. (C) (4 credits).

    3. Identify and apply management tools and techniques that will enable him/her to calculate the cost of capital and advise management on available sources of funds and investment opportunities that will increase the wealth of the owners of the business. (C) (10 credits).

    4. Prepare any budget needed for the planning of future activities of a business. (F) (Level 6) (6 credits).
  • Calculate and interpret any variance from a set standard in a budget. (F) (Level 6) (8 credits).
  • Analyse and develop ways of controlling marketing expenses. (F) (Level 6) (6 credits).
  • Calculations and the application of quantitative techniques for management decisions. (F) (Level 6) (10 credits).

    5. Demonstrate the communication skills required to develop and maintain effective inter-personal relationships. (F) (Level 4) (2 credits).
  • Effectively manage and participate in meetings. (F) (Level 4) (2 credits).
  • Successfully conduct interviews. (F) (Level 7) (2 credits).
  • Resolve conflicts, manage negotiations and facilitate team participation. (F) (Level 4) (3 credits).

    6. Discuss and apply the managerial principles of problem-solving, decision-making and forecasting within an organisation. (F) (Level 5) (10 credits).

    7. Formulate a problem statement, objectives and/or hypothesis for a research proposal. (F) (3 credits).
  • Do a literature review and database research. (F) (3 credits).
  • Apply correct statistical methods for data collection and analysis of data sets by using appropriate packages. (F) (4 credits).

    Critical outcomes:

    The qualification is designed and should be presented and assessed in such a way that the following skills of the learner are promoted and developed

    The ability to:
  • take decisions and accept responsibility
  • identify and solve basic problems
  • communicate effectively by way of mathematical and written presentations
  • work with other as a member of a team
  • collect, analyse and evaluate information
  • organise and manage oneself and other people 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    1. An internal audit program was compiled and required tests performed to ensure the efficient utilisation of business assets.
  • Audit evidence was properly documented
  • The rules for the efficient running of an Internal Audit Department were discussed

    2. The principles of the Accounting Framework (AC 000) are applied to all financial accounting topics.
  • Accounting standards (AC series) are used in the preparation of financial statements.
  • Ratios are calculated and applied in order to assess business history and future prospects.
  • Cash flow statements are prepared and interpreted.

    3. Management tools and techniques are identified and applied in order to solve practical financial problems.

    4. Budgets are correctly prepared.
  • Variances are correctly calculated and interpreted.
  • Marketing expenses are analysed and ways described whereby these could be controlled.
  • Quantitative techniques and correct calculations are applied to management decisions.

    5. Letters, memos and reports are written in order to reflect adequate competence in grammar and spelling.
    Meetings, interviews and negotiations are conducted according to appropriate conventions.
  • Projects are assigned to teams in order for them to demonstrate conflict resolution and appropriate participation skills.

    6. The managerial principles are discussed and applied in practical case studies.

    7. A problem statement is prepared and objectives and/or hypothesis are correctly formulated.
  • A literature study, using correct referencing methods, is prepared.
  • A data collecting tool (questionnaire) has been prepared and statistical methods correctly applied on data sets.

    Integrated assessment:

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

    ARTICULATION OPTIONS 
    MTech: Internal Auditing 

    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.