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: 

Demonstrate an understanding of basic accounting practices 
SAQA US ID UNIT STANDARD TITLE
13999  Demonstrate an understanding of basic accounting practices 
ORIGINATOR
Interim SGB for Business, Commerce, Mgmnt Studies 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
ABET Level 4  Regular  Level 1  NQF Level 01 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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 
A candidate credited with this general competence will be able to: demonstrate an understanding of basic accounting skills. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Numeracy ABET Level 3. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Explain the cycle of recording transactions and relevant terminology. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Accounting transactions are explained. 

ASSESSMENT CRITERION 2 
2. Accounting terminology is explained. 
ASSESSMENT CRITERION RANGE 
Assets, Liabilities, Owners Equity, Income, Expenditure, Receipts, Payments, Profits etc.
 

ASSESSMENT CRITERION 3 
3. The cycle of recording transactions is explained and demonstrated. 
ASSESSMENT CRITERION RANGE 
Source documents, subsidiary journals, ledger, trial balance, final accounts
 

SPECIFIC OUTCOME 2 
Explain and demonstrate an understanding of source documents. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The concept source document is explained. 

ASSESSMENT CRITERION 2 
2. Different types of source documents are identified. 
ASSESSMENT CRITERION RANGE 
Receipts, invoices, petty cash vouchers, cheque counterfoils, etc.
 

ASSESSMENT CRITERION 3 
3. The understanding to complete source documents is demonstrated. 
ASSESSMENT CRITERION RANGE 
Receipts, invoices, petty cash vouchers, cheque counterfoils, etc.
 

ASSESSMENT CRITERION 4 
4. The relevance of source documents is analysed. 
ASSESSMENT CRITERION RANGE 
Storage, keeping it in proper sequence, etc.
 

SPECIFIC OUTCOME 3 
Explain the purpose of each subsidiary journal. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The concept subsidiary journal is explained. 

ASSESSMENT CRITERION 2 
2. Types of subsidiary journals are identified and discussed. 
ASSESSMENT CRITERION RANGE 
Cash receipts journal, cash payments journal, petty cash journal, debtors journal, etc.
 

ASSESSMENT CRITERION 3 
3. The use of each subsidiary journal is justified. 
ASSESSMENT CRITERION RANGE 
Cash receipts journal for all receipts, Cash payments journal for all payments, etc.
 

SPECIFIC OUTCOME 4 
Prepare subsidiary journals. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The relationship between source documents and subsidiary journals is expressed. 
ASSESSMENT CRITERION RANGE 
Receipts to cash receipts journal, cheque counterfoils to cash payments journal, petty cash vouchers to petty cash journal, etc.
 

ASSESSMENT CRITERION 2 
2. The correct recording of entries from the source documents into subsidiary journals is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises - from source documents to subsidiary journals
 

ASSESSMENT CRITERION 3 
3. The understanding of closing the subsidiary journals at the end of each month is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises - subsidiary journals closed off
 

SPECIFIC OUTCOME 5 
Post subsidiary journals to the general ledger. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The purpose of the general ledger is explained. 

ASSESSMENT CRITERION 2 
2. The sections of the general ledger is explained. 
ASSESSMENT CRITERION RANGE 
Balance sheet section, Nominal Accounts Section, Final accounts section
 

ASSESSMENT CRITERION 3 
3. The understanding of the posting from the subsidiary journal is explained, and demonstrated. 
ASSESSMENT CRITERION RANGE 
Double-entry system, practical exercises: from subsidiary journals to ledger
 

SPECIFIC OUTCOME 6 
Prepare the final statements. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The final statements of business' are identified and explained. 
ASSESSMENT CRITERION RANGE 
Income statements, balance sheet
 

ASSESSMENT CRITERION 2 
2. The purpose of final statements is explained. 
ASSESSMENT CRITERION RANGE 
Calculate profit /loss, etc.
 

ASSESSMENT CRITERION 3 
3. The understanding to complete an income statement from the given information is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises - from trial balances to income statements
 

ASSESSMENT CRITERION 4 
4. The understanding to complete a balance sheet from the given information is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises: from trial balances and income statements to balance sheets.
 


UNIT STANDARD DEVELOPMENTAL OUTCOME 
1. Reflecting on and exploring a variety of strategies to learn more effectively;
2. Participating as responsible citizens in the life of local, national and global communities;
3. Being culturally and aesthetically sensitive across a range of social contexts;
4. Exploring education and career opportunities; and
5. Developing entrepreneurial opportunities. 


Critical Cross-field Outcomes (CCFO): 

UNIT STANDARD CCFO IDENTIFYING 
Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made. 

UNIT STANDARD CCFO WORKING 
Work effectively with others as a member of a team, group, organisation and community. 

UNIT STANDARD CCFO ORGANISING 
Organise and manage oneself and one`s activities responsibly and effectively. 

UNIT STANDARD CCFO COLLECTING 
Collect, analyse, organise and critically evaluate information. 

UNIT STANDARD CCFO COMMUNICATING 
Communicate effectively using visual, mathematical and/or language skills in the modes of oral and/or written presentation. 

UNIT STANDARD CCFO SCIENCE 
Use science and technology effectively and critically, showing responsibility towards the environments and health of others. 

UNIT STANDARD CCFO DEMONSTRATING 
Demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation. 

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

QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
  ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
Core  24153   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2008-09-13  Was ETDP SETA until Last Date for Achievement 
Core  61755   General Education and Training Certificate: Business Practice  Level 1  NQF Level 01  Reregistered  2023-06-30  SERVICES 
Core  64909   National Certificate: Small Scale Mining  Level 2  NQF Level 02  Reregistered  2023-06-30  MQA 
Fundamental  22971   General Education and Training Certificate: Conservation  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2012-06-30  CATHSSETA 
Fundamental  22190   General Education and Training Certificate: Tourism  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2012-06-30  CATHSSETA 
Elective  71751   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Reregistered  2023-06-30  As per Learning Programmes recorded against this Qual 
Elective  73249   General Education and Training Certificate: Adult Basic Education and Training: Academic Curriculum  Level 1  NQF Level 01  Reregistered  2023-06-30  UMALUSI 
Elective  50584   General Education and Training Certificate: Clothing Manufacturing Processes  Level 1  NQF Level 01  Reregistered  2023-06-30  FPMSETA 
Elective  20183   National Certificate: Banking  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2015-06-30  BANKSETA 
Elective  20288   National Certificate: Farming  Level 2  NQF Level 02  Reregistered  2023-06-30  AgriSETA 
Elective  48969   National Certificate: Service Station Operations  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2008-11-26  Was W&RSETA until Last Date for Achievement 


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. 1 Classie Africa 
2. A Z Community Services 
3. African Apex Apparel (Pty) Ltd 
4. Amasiko Trading Enterprise 
5. Aranda Textile Mills Pty Ltd 
6. Arden School of Management (Pty) Ltd 
7. Assured Vocational Skills Institute (Pty) Ltd 
8. Avad Projects (Pty) Ltd 
9. Ayasaphe Trading cc 
10. Better beginning trading and projects pty ltd 
11. Bokamoso Competence (Pty) Ltd 
12. Bonenhle Investments 
13. Btech 
14. Camblish Training Institute (Pty) Ltd 
15. CANDYS UNLIMITED COLLECTION Pty Ltd 
16. Cape Business & Engineering College (Pty) Ltd 
17. Cape Town Workbased Learning Academy 
18. Capricorn TVET College 
19. Changing Women 
20. Circleway College 
21. College of Cape Town - Athlone Campus 
22. Cre8tion Projects 6 PTY LTD 
23. Cumlaude Institute (PTY) Ltd 
24. Dinaka Business Management & Consulting 
25. DITEBOGO CONSULTANCY CC 
26. Dlamini The Siba PTY LTD 
27. Do It Again Academy (Pty) Ltd 
28. Duzi-Corp 56 
29. Ekurhuleni Artisans & Skills Training Centre (Pty) Ltd 
30. Elimofo Trading& Projects 
31. Esayidi FET College - Central Office 
32. Faithworks Development Consultants (Pty) Ltd 
33. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
34. Fezile Fashion Skills Academy (Pty) Ltd 
35. Flavious Mareka TVET College 
36. Furniture World Training Centre 
37. Future Discovery Training Academy CC 
38. Gauteng City College 
39. Green Earth Training & Development (Pty) Ltd 
40. Greenrim Training 
41. HLUVUKA TRAINING AND CONSULTING 
42. Honey Cube Projects & Services (Pty) Ltd 
43. Hoseah Training and Manufacturing NPC 
44. Hot To Go Training College and Services 
45. HYGRO TRAINING COLLEGE (Pty) LTD 
46. I Care Resource Centre 
47. Imbewu Development Institute (Pty) Ltd 
48. Impela Trading cc 
49. In House Media Instruction 
50. Inafrica General Trading Pty LTD 
51. Inter-Coastal Business & Property Services cc 
52. INTERMASIKO CC 
53. Intsukaze Training Center 
54. Inyathi Visions 
55. Ithemba Lomphakathi Community Organisation 
56. Kelmik Training Centre (Pty) Ltd 
57. Kingdom Varsity College (Pty) Ltd 
58. Kingsbury International College (SA) 
59. Knoop Academy NPC 
60. Kotton Wear (Pty) Ltd 
61. Leronsa Trading Enterprise 
62. LFS DESIGNS 
63. LLSM (Pty) Ltd 
64. Longata Consultant 
65. Lucky Neo (Pty) Ltd 
66. Maluti TVET College 
67. Mananthatshema Skills Dev. Centre 
68. Matatiele Fashion Design Academy (Pty) Ltd 
69. Mbimbini Training and Community Development 
70. Meals on Wheels Community Services - South Africa 
71. Mlasimbi Catering Primary Co-operative Limited 
72. Mnambithi TVET College 
73. Modiehi Consulting & Projects (Pty) Ltd 
74. Mphahle Consultancy (Pty) Ltd 
75. NDIMASE TRADING 
76. Nedbank Ltd 
77. Ngaphakathi Investments 
78. Ngcebo Consulting (Pty) Ltd 
79. Nhlanzi Investments (Pty) Ltd 
80. Nolwazi Dev Centre (Pty) Ltd 
81. Nomzumbe Trading & Projects (Pty) Ltd 
82. Northlink College 
83. Nosino Projects (Pty) Ltd 
84. Ntuthuko Projects & Services 
85. Nurture-Nature Resources (Pty) Ltd 
86. Optimi Workplace 
87. Optimum Capacity (Pty) Ltd 
88. Pectosource (Pty) Ltd 
89. People Upliftments t/a POPUP Upliftment 
90. Positive Thinking Consultants CC 
91. Practice Makes Perfect Training Centre 
92. Premier Agric (Pty) Ltd 
93. Professional Development and Training Institute (Pty) Ltd 
94. Progressive School of Business and Engineering (Pty) 
95. Qualfurn Training & Projects 
96. Re Tshepeng Holdings 
97. Redefined Skills Training & Development (Pty) Ltd 
98. RI A LINDA SECURITY SOLUTIONS 
99. Sedibeng TVET College 
100. Sekhukhune FET College - Central Office 
101. SEOPOSENGOE TRAINING CONSULTANCY CC 
102. Setlakala Business Development 
103. Sew Africa Training Centre 
104. Silungokuhle (Pty) Ltd 
105. Sinovuyolethu Trading (Pty) Ltd 
106. Siyasanga Training Centre 
107. South Cape Public FET College - George Campus 
108. South West Gauteng Tvet College 
109. Talent for Sewing 
110. Tebkhan Investments (Pty) Ltd 
111. Tembe Service Providers 
112. The Brokers Learning Centre 
113. The Finishing College (Pty) Ltd 
114. The Institute of Fashion and Garment Technology (Pty) Ltd 
115. Thitha Training and Development Services 
116. Thuto Skills Development 
117. Tlhole Foundation (PTY) LTD 
118. Trade Call Investments Apparel (Pty) LTD 
119. Trade Call Investments Apparel (Pty) Ltd (Mobeni) 
120. Try Easy Electrical Solutions 
121. Tshwane North College 
122. U AND G TRAINING (PTY) LTD 
123. Ubucubu Home Industries 
124. Ubuhle Bengcebo 
125. Umfolozi TVET College (Richards Bay) 
126. Umlozi Skills Centre (Pty) Ltd 
127. Umnotho We Afrika Foundation NPC 
128. Uyabusisa Arts and Development Pty Ltd 
129. Value at Hand (Pty) Ltd 
130. Vijay Bhagwan Consultancy and Solutions cc 
131. VINE APPAREL (PTY)LTD 
132. Visionary Skill Academy 
133. VPK BUSINESS VENTURE C C 
134. Western Cape Clothing and Textiles Service Centre 
135. Wilratty Consultants (Pty) Ltd 
136. Womens Leadership & Empowerment Initiative 
137. World Pace Development & Training Institute (Pty) Ltd 
138. World Pace Development and Training Institute 
139. Zoluhle Financial Wellness Pty Ltd 



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.