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 UNIT STANDARD THAT HAS PASSED THE END DATE: 

Prepare and analyse municipal financial reports 
SAQA US ID UNIT STANDARD TITLE
116363  Prepare and analyse municipal financial reports 
ORIGINATOR
SGB Public Administration and Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Public Administration 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  12 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

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 unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is for all people involved in Financial Management in a municipality. People credited with this Unit Standard are able to:
  • Select, measure, recognise, classify, and report on financial information after taking into account relevant financial reporting standards, as well as legislative requirements.
  • Contribute to municipal financial reporting. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that the Learners are competent in:
  • Communication at NQF Level 4
  • Mathematical Literacy at Level 4.
  • Accountancy at Level 4. 
    		•

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Select measure, record, classify and report financial data in accordance with current financial reporting standards. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The background and purpose of a financial reporting standard is commented on in line with the principles of municipal financial reporting. 

    ASSESSMENT CRITERION 2 
    The components of the statement of financial position are defined, measured, classified and disclosed in accordance with acceptable local and international public sector accounting standards. 

    ASSESSMENT CRITERION 3 
    The components of the statement of financial performance are defined, measured, classified, and disclosed in accordance with internationally accepted publics sector accounting procedures. 

    ASSESSMENT CRITERION 4 
    The concepts of the different types of capital maintenance are applied in line with generally recognised accounting practice. 

    SPECIFIC OUTCOME 2 
    Prepare and comment on financial reports for different forms of municipal entities. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Consequential differences in the reporting of equity of municipal entities is recognised in the preparation of consolidated financial statements. 

    SPECIFIC OUTCOME 3 
    Apply and comment on statements of generally recognised accounting practice. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The concepts of the different types of capital maintenance are applied in line with international public sector accounting standards. 

    ASSESSMENT CRITERION 2 
    The appropriate method of current value accounting is used in preparation and presentation of supplementary financial statements in line with international public sector accounting standards. 

    SPECIFIC OUTCOME 4 
    Analyse and interpret financial statements for stakeholders. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Ratios relevant to the determination of liquidity, profitability, activity and long-term solvency are calculated and advised on from a set of financial statement. 

    ASSESSMENT CRITERION 2 
    Different users of municipal financial statements are identified and their information needs presented and explained to inform financial reporting system. 

    ASSESSMENT CRITERION 3 
    Limitations of published financial information are recognised with reference to improving operating capability of a municipality. 

    ASSESSMENT CRITERION 4 
    Results of an analysis of profitability and solvency risks are interpreted in the assessment of financial health of a municipality. 

    ASSESSMENT CRITERION 5 
    Multivariate financial analysis are carried out and communicated to appropriate users of municipal financial statements. 

    ASSESSMENT CRITERION 6 
    Ratios relevant to the determination of liquidity, profitability, activity and long-term solvency are calculated and advised on from a set of financial statement. 

    ASSESSMENT CRITERION 7 
    The financial performance report is prepared to enable an analysis of the overall financial state of a municipality within the framework of financial reporting. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this Unit Standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Nature of accounting data
  • Objectives of financial reporting
  • Different bases of measurement
  • International public sector accounting standards
  • National Treasury regulations
  • Municipal finance management legislation 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems using critical and creative thinking processes, e.g. by implement effective risk management and accounting practices. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organisation or community, e.g. through assuring that al roles players are committed to meeting the required reporting standards. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively, e.g. through the demonstration of ethical and moral principles in all reporting processes. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information, e.g. through assuring accuracy in all reporting documents. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and / or language skills in the modes of oral and/or written persuasion, e.g. through contributing to discussions on ways of minimizing risks and improving financial reporting procedures. 

    UNIT STANDARD CCFO SCIENCE 
    Use Science and technology effectively and critically, showing responsibility to the environment and health of others, e.g. use appropriate computer software for mathematical computation, planning, data capturing and document storage purposes. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of interrelated systems by recognising that problem-solving contexts do not exist in isolation, e.g. in keeping in mind that best practice financial reporting effects the financial sustainability of not only the municipality but the country as a whole. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Participating as responsible citizens in the life of local, national and global communities, e.g. acting as custodian of ethical behaviour and maintaining a high level of commitment to providing effective reporting procedures. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

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

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48965   Certificate: Municipal Financial Management  Level 6  Level TBA: Pre-2009 was L6  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  LG SETA 
    Elective  67467   National Certificate: Municipal Governance  Level 5  NQF Level 05  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    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. A.S.A.P Training and Consulting 
    2. Accolades Business Services 
    3. Active Transformation Professional services (ATPS) 
    4. Adamas Solutions 
    5. Africa Institute For Public Administration 
    6. AFRICA MAYIBUYE LEADERSHIP 
    7. Africa Rising Advisory Services Pty Ltd 
    8. African Resources and Financial Training 
    9. AfroXpert Performance Developement cc 
    10. AK and Associates 
    11. Akanani Consulting (PTY) LTD 
    12. Amabamba Recruitment 
    13. Amangile Academy (Pty) Ltd 
    14. Amazibuko Business Solutions 
    15. AMM Training and Consulting 
    16. Anzani Group 
    17. ARMS - Audit & Risk Management Solutions 
    18. Ashley Maloka Consulting 
    19. Asiphokuhle Training and Research Institute 
    20. AVAX SA 481 CC. T/A Mandisa Development Services 
    21. AVC Corporate Advisory Services (PTY) LTD. 
    22. Balcare Advisory 
    23. Bantubanye Skills 
    24. Bavuse Trading Enterprises cc 
    25. Bazalwane Business Partners 
    26. Belgravia Institute of Mangement (PTY) LTD 
    27. Bembani Group 
    28. BESO Business Empowerment Solutions CC 
    29. Bikologix Projects 
    30. Black Bull Consulting 
    31. Blue Poplar 
    32. Boikgantsho Consulting & Events 
    33. Boni Africa Events & Development 
    34. Botlhale Business Consulting 
    35. Break The Chains Development Services 
    36. Buena Vista Learning Academy 
    37. Bulwa Minerals Pty Ltd 
    38. C Ngubane & Associates Inc. 
    39. C-Sonke Trading CC 
    40. Cairo Corporate Consulting 
    41. Camissa Institute 
    42. Canton Trading 273 
    43. Capital Pioneer Consulting 
    44. Cardibex (Pty) Ltd 
    45. Caton Consulting 
    46. Centre for Public Participation 
    47. Clear Cut Solutions 
    48. Coceka Consulting 
    49. Commerce Edge South Africa 
    50. Commitech Consulting 
    51. Concepts of Sustainable Management (CSM) 
    52. Cool Ideas 1016 (Pty) LTD t/a ESP Consulting 
    53. Crack Down Pest Control Services 
    54. Crimsonblu (PTY) LTD 
    55. CTC College(PTY) LTD. 
    56. Cutting Edge Consultants Pty LTD 
    57. D T M CONSULTING CC 
    58. Danny Jay Consulting (Pty) Ltd 
    59. Datatecture (PTY) LTD 
    60. Dean Institute Of Learning (Pty) Ltd 
    61. Deloitte & Touche 
    62. Dependable Consulting (Pty) 
    63. Development Bank of Southern Africa (DBSA) 
    64. Devhula Financial Services (pty) (LTD) 
    65. DGK Advisory 
    66. Dijama Training Academy 
    67. Ditira Human Capital 
    68. Divhani Environmental and Engineering Solutions 
    69. Dr. J.L.D institute For Humanities and Development Praxis 
    70. Edequette Training Institute 
    71. Elvis Koena Consulting (Pty) Ltd 
    72. Envirogreen 
    73. Equilibruim Skills Development and Research Pty Ltd 
    74. Escon 
    75. Esther G Consulting 
    76. ETAMIC PTY LTD 
    77. Ethembeni Multi Service Enterprise (Pty) Ltd 
    78. Eukon Engineering and Projects 
    79. Excellent Minds Institute (Pty) Ltd 
    80. Execuprime Business College (Pty) Ltd 
    81. Explicit Communications 
    82. GALKINA INVESTMENTS (PTY) LTD t/a BELGRAVIA INSTITUTE 
    83. Gauteng Association Of Local Authorities 
    84. Giamanje TVET College 
    85. Giant Alive Services 
    86. Giggs Creations 
    87. Glere Skills and Consultants 
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    89. Global Care Trading 100 CC 
    90. Gogone S Trading & Projects 
    91. Goitseone Trading and Projects Pty LTD 
    92. Golden Rewards 2192 CC 
    93. Gomolemo's Consultant (Pty) Ltd 
    94. Growth Management Consulting 
    95. Gwebu Super Group (Pty) Ltd 
    96. Hamonate Consulting 
    97. Hanyeleni Business Enterprise 
    98. HEARTBEATS CONSULTING SERVICES 
    99. Hlaniki Investment Holdings 
    100. Hlombe and Associates 
    101. HS GLOBAL SKILLS BUSINESS SOLUTIONS 
    102. HYM Consulting 
    103. I'Vee Africa Group (Pty) Ltd 
    104. Ikhambi Outsourced CFO 
    105. Ikhaya Training and Consulting 
    106. Ilinge Labantu Debt Solution 
    107. Iliso Investment holdings (Pty) Ltd 
    108. Indigo Institute 
    109. Indonsa Consulting and Training 
    110. Injulabqopho (Pty) Ltd 
    111. Inkcubeko YakwaNtu Trading 
    112. Inkonyane Yamaswazi Projects 
    113. Instant Corporate Suppliers 
    114. Institute For Performance Management 
    115. Institute of Public Affairs and Governance PTY (LTD) 
    116. Institute of Sector Education and Training 
    117. Intergritas Consulting Services 
    118. IQ Skills Academy (PTY) LTD. 
    119. Itumeleng Wellness Solutions 
    120. Iyana Property management 
    121. Jabukile Consultancy 
    122. JBM CONSULTING PTY LTD 
    123. Jet Energy South Africa 
    124. Jikiza Phumbele Management Consultants 
    125. JIT Projects 
    126. JNUTO Trading and Projects 
    127. Jobafrik Consulting 
    128. Johsie Enertprise 
    129. Josmap Training Institute 
    130. K-Leng Touch, Events and Skills Development 
    131. Kadimo Consulting CC. 
    132. Kamanga Skills Projects 
    133. Kelsey Events and Business Consulting 
    134. Keptel 
    135. Ketapele Ke Motheo Consulting 
    136. Keydimensions Risk Solutions 
    137. Kgakishe Trading and Projects (PTY) LTD 
    138. Kgotla Trading Enterprise 
    139. Khabolwazi Pty LTD 
    140. Khanyisela Consulting 
    141. Khehli Institute 
    142. KOKANO PROJECTS PTY LTD 
    143. Konwaba Training Solutions 
    144. Kueneng Investment Holding 
    145. KWEM Management Solutions 
    146. KYM MANAGEMENT CONSULTING 
    147. LATHITHAA CONSULTING SERVICES 
    148. Lelethu Training (Pty) Ltd 
    149. Lemao Enterprise 
    150. Less Aid More Trade Pty Ltd 
    151. Letlotlo La Gae (Pty) Ltd 
    152. Lewerb Holdings (PTY) Ltd 
    153. Lloyds and Macmillan PTY Ltd 
    154. Londimvelo Consultants 
    155. Lulona Consulting (Pty) Ltd 
    156. Luminous Coaching and Wellness 
    157. Lutsha Empowerment SA 
    158. Lwakhula Ulwazi Consulting 
    159. M.I.C. Training and Development 
    160. Mabuya Amahle Trading 
    161. MAC NDLOVU INCORPORATED 
    162. Mahayi HRD Services cc 
    163. Maile Consulting 
    164. Makavila Suppliers CC. 
    165. Makhuba Development Projects CC 
    166. Makhuva Consulting 
    167. Mancosa (PTY) LTD T/A Management College of Southern Africa 
    168. MANCOSA Pty (Ltd) 
    169. Manzolwandle Holdings 
    170. Maono Tai Consulting and Training 
    171. MARS Business Consulting 
    172. Masemase Consultancy CC. 
    173. MashMP Holdings 
    174. Masnas 
    175. MATEPE INVESTMENTS (PTY) LTD 
    176. Matibidi Raphela Investments (Pty) LTD 
    177. Matsila Holdings 
    178. Mbedvula Trust 
    179. Mcebo Technologies 
    180. Melatrend Management Consulting 
    181. Mgwezane Training and Events Management CC. 
    182. Miczo's Enterprise 
    183. Mimoisa Business Solutions CC 
    184. MJ Mafunisa Consulting (PTY) LTD 
    185. MK Consulting 
    186. Mlilowendalo Enterprise 
    187. Mmadiolwana Business Enterprise 
    188. Mmanape Management Solutions 
    189. MML Consulting CC. 
    190. Mod-Mosh Projects and Consulting (PTY) LTD 
    191. Moeketsi Supply Chain 
    192. Mohlaje Solutions (Pty) Ltd 
    193. Mondli Mthemba Consulting Services 
    194. Morena Empire Investment 
    195. Mortarboard Training Solutions 
    196. Moses Kotane Institute 
    197. Motheo Skills Entity 
    198. Moving Business Altitudes Consulting 
    199. MTK Corporate Solutions 
    200. MUHANGWENE DEVELOPMENT ENTERPRISE 
    201. Multiple Productive Management Solutions 
    202. Munsoft 
    203. Murusu Mining Resources 
    204. Naledi Holding 
    205. Nalengmokoni Investors (Pty) Ltd 
    206. NBMP Trading Enterprise 
    207. Ndwandwe Consultants 
    208. NEBSA MANAGEMENT SERVICES CC 
    209. NEDTEX73 
    210. Nemalale Eagles Consultancy CC 
    211. Nettcon SA 
    212. NGM Skills Transfer 
    213. Ngwadhla General Trading (PTY) LTD 
    214. Nhlahle Development Agency 
    215. Nomsithi Trading 
    216. Nonunu Projects 
    217. Nvsion Consulting 
    218. Nyankwavi Investment CC. 
    219. OMC Chartered Accountants 
    220. Opelong Business Institute 
    221. OR Project Management 
    222. Outeniqua Leadership Institute 
    223. Pachedu Skills Solutions 
    224. PanAfrican Supply Chain Academy 
    225. Pandelani Investment Holdings (PTY) LTD. 
    226. Paneso Development and Trading 
    227. Peak Health Wellness Solutions (PTY) LTD 
    228. Pebetse Training and Consulting 
    229. Peo-Seed Training Specialist 
    230. PFIM Trading (Pty) Ltd 
    231. Phexo Trading Enterprise 
    232. Philani Solutions 
    233. Phoenix Training Institute 
    234. Pioneer Business Consulting 
    235. PMA Holdings (PTY ) LTD. 
    236. PMG Training 
    237. Power Rush Trading 170 CC. 
    238. Powernexus 
    239. Princetop Corporative Training (Pty) Ltd 
    240. Progressive School of Business and Engineering (Pty) 
    241. Projects Administration Services 
    242. Proverb Financial Services 
    243. PTDEV (Pty) Ltd 
    244. Public Admin,Leadership and Management Academy (PALAMA) 
    245. Pule Ramasimong Development 
    246. Qeto Business Consulting 
    247. Rankadi Consulting 
    248. RCG Markets 
    249. Reabetswe Skills and Trainin Academy 
    250. Reflections Development Institute 
    251. Regent Business School (Pty) Ltd t/a Regent Business School 
    252. Revival Training Academy 
    253. RHINO CASHLOAN AND SERVICES 
    254. Ruping Investments 
    255. RUS Consultung services 
    256. Sabela Trading and Projects CC. 
    257. Sebenzisanane Human Capital 
    258. Sekakopamo Holdings 
    259. SEKAMENG TRAINING AND DEVELOPMENT SOLUTIONS (PTY) LTD 
    260. SFM Consultants 
    261. Sifuna Consulting CC 
    262. Silalele Consulting CC. 
    263. Simphamahle Holdings (Pty) LTD 
    264. Siphephelosolwazi Skills Development Initiative CC. 
    265. SIYA-MLANDELA TRADING ENTERPRISE 
    266. Siyakhula Trust ETD Institute Pty Ltd 
    267. Siza Nesu Training and Consultants 
    268. Skills Fly Consulting Group Pty Ltd 
    269. Smat Engineering 
    270. Sobethu Properties Pty Ltd 
    271. Social Capital Group 
    272. Soni Investment 
    273. Southern African Institute of Public Administration 
    274. SPECTRA SKILLS DEVELOPMENT 
    275. St Kings Institute of Technology and Business Studies 
    276. STG Consulting Enterprise 
    277. Straightmap (PTY) Ltd 
    278. SWARANANG MANAGEMENT CONSULTING CC 
    279. Tachfin Holdings 
    280. Talent Centre Training 
    281. Talent Sculpture 
    282. Tasc Business Consulting and Training 
    283. The Crimson CO CC. 
    284. The Manto Group 
    285. Thembeni Skills Development Trading and Projects 
    286. Thinking Mind Trading 
    287. Thopasefoka Consulting Pty Ltd 
    288. Three Steps Trading 
    289. Thubelihle Graduate Institute 
    290. Timnet Management Consulting 
    291. Tipp Focus Training For Leadership 
    292. TJO Projects and Trading 
    293. Tlhalefang Holdings 
    294. Tloumogale Business Development & Consulting 
    295. TNE Advisory Servises 
    296. Tonex Management Solutions 
    297. Tradesman Consulting and Training Solutions 
    298. Transafric Consulting Pty Ltd 
    299. Triads Management Services 
    300. Tsebong Training Centre 
    301. Tshepang Consulting & Project 
    302. Tsoga re dire Holdings (Pty) Ltd 
    303. Tsogo-Tlhago Trading Enterprise 
    304. Tuns Trading and Projects (Pty) Ltd 
    305. Twin Peak Technologies 
    306. Ubuholi Bendabuko Capacity Building (PTY) Ltd 
    307. Ubuqhawe Consulting (Pty) Ltd 
    308. Ukhamba Quality Skills 
    309. Umqondo Consultancy 
    310. Unakho Business Solutions 
    311. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    312. University of Pretoria 
    313. Unlimited Potential Investments 
    314. Valinsight (PTY) LTD 
    315. Value at Hand 
    316. Vantage Training 
    317. Venado Trading 
    318. Venus Maintenance and Supply Services 
    319. Vhutshilo Health And Training Organisation 
    320. Vibra Skills CC. 
    321. Victorious Training Institute 
    322. Vision Africa Training Institute 
    323. Vumilia Africa Group 
    324. Vuyelwa SL Trading and Projects (Pty) LTD 
    325. Wag Consulting 
    326. Wongintuthuko Projects 
    327. World Pace Development and Training Institute 
    328. World Wide Mice 
    329. Ya Hina Management Consulting and projects 
    330. Yamangcuse Consulting 
    331. Yaphi Consulting Services 
    332. Yovuyo (Pty) Ltd 
    333. Zambezi Accounting (Pty) Ltd 
    334. ZIKHALI TRADING (PTY) LTD 
    335. Ziya Investment Holdings Pty Ltd 
    336. ZMG CONSULTING 
    337. ZwelixolileTrading Enterprise 


    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.