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: 

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
Passed the End Date -
Status was "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  Passed the End Date -
Status was "Reregistered" 
2023-06-30  SERVICES 
Core  64909   National Certificate: Small Scale Mining  Level 2  NQF Level 02  Passed the End Date -
Status was "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  Passed the End Date -
Status was "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  Passed the End Date -
Status was "Reregistered" 
2023-06-30  UMALUSI 
Elective  50584   General Education and Training Certificate: Clothing Manufacturing Processes  Level 1  NQF Level 01  Passed the End Date -
Status was "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  Passed the End Date -
Status was "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. 1ST BLACK RAND GROUP PTY LTD 
3. A Z COMMUNITY SERVICES 
4. ABVAHO PHANDA GROUP PTY LTD 
5. ACADEMY OF TRAINING & DEVELOPMENT PTY LTD 
6. African Apex Apparel (Pty) Ltd 
7. AFRICAN MULTISKILLS DEVELOPMENT AND TRAINING 
8. ALABASTER TRAINING CENTRE PTY LTD 
9. AMOS / KGAPHAMADI COMMUNITY ORGANISATION 
10. ARANDA LEARNERSHIP COLLEGE PTY LTD 
11. Arden School of Management (Pty) Ltd 
12. ASSURED VOCATIONAL SKILLS INSTITUTE PTY LTD 
13. BOKAPHITHI SKILLS AND DEVELOPMENT PTY LTD 
14. BT GROUP OF COMPANIES PTY LTD 
15. CANDYS UNLIMITED COLLECTION Pty Ltd 
16. CAPE TOWN WORKBASED LEARNING ACADEMY 
17. CHANROSE TRAINING AND DEVELOPMENT PROJECTS 
18. College of Cape Town - Athlone Campus 
19. Cre8tion Projects 6 PTY LTD 
20. Cumlaude Institute (PTY) Ltd 
21. DEMO 
22. Dlamini The Siba PTY LTD 
23. DURBAN OVERALL PTY LTD 
24. EKURHULENI ARTISANS & SKILLS TRAINING CENTRE PTY LTD 
25. ENERHU BUSINESS ENTERPRISE PTY LTD 
26. Esayidi FET College - Central Office 
27. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
28. Furniture World Training Centre 
29. FUTURE DISCOVERY TRAINING ACADEMY 
30. GLICAM TRADING ENTERPRISE 
31. GNBR SOLUTIONS PTY LTD 
32. Green Earth Training & Development (Pty) Ltd 
33. Greenrim Training 
34. HEYPEX HOLDINGS PTY LTD 
35. HLUVUKA TRAINING AND CONSULTING 
36. HOSEAH TRADING 
37. Hot To Go Training College and Services 
38. HYGRO TRAINING COLLEGE (Pty) LTD 
39. Impela Trading cc 
40. In House Media Instruction 
41. Inter-Coastal Business & Property Services cc 
42. INTERMASIKO CC 
43. Intsukaze Training Center 
44. INTUTHUKO YESIZWE COMMUNITY ORGANISATION NPO 
45. INYAPA VHUSIKU CONSULTING PTY LTD 
46. Inyathi Visions 
47. ITHEMBA LOMPHAKATHI COMMUNITY ORGANISATION 
48. Kelmik Training Centre (Pty) Ltd 
49. Knoop Academy NPC 
50. LERIBE TRAINING SOLUTIONS 
51. Leronsa Trading Enterprise 
52. LOKO TRADING PTY LTD 
53. Longata Consultant 
54. MAJUBA TVET COLLEGE 
55. MALITINNE PTY LTD 
56. Mananthatshema Skills Dev. Centre 
57. MASTER PATTERNS BY RONA 
58. Matatiele Fashion Design Academy (Pty) Ltd 
59. Mbimbini Training and Community Development 
60. Meals on Wheels Community Services - South Africa 
61. MGS GCABA CONTRACTING & TRADING CC 
62. Mnambithi TVET College 
63. Modiehi Consulting & Projects (Pty) Ltd 
64. NDIMASE TRADING 
65. NDIPHA FASHION DESIGNS 
66. Nedbank Ltd 
67. Ngaphakathi Investments 
68. Ngcebo Consulting (Pty) Ltd 
69. NOKUSHOM CONSULTANCY & TRADING PTY LTD 
70. Nolwazi Dev Centre (Pty) Ltd 
71. NOMAGWANISHE INVESTMENTS 
72. Northlink College 
73. Nurture-Nature Resources (Pty) Ltd 
74. Optimi Workplace 
75. Optimum Capacity (Pty) Ltd 
76. People Upliftments t/a POPUP Upliftment 
77. PERENNIAL SERVICES PTY LTD 
78. PEREZ DEVELOPMENT AND TRAINING 
79. PINUS TECH TECHNOLOGIES TRADING AND PROJECTS 
80. POLOKWANE SCHOOL OF FASHION AND DESIGN 
81. PRACTICE MAKES PERFECT TRAINING CENTRE PRIMARY CO-OPERATIVE LIMITED 
82. Premier Agric (Pty) Ltd 
83. Professional Development and Training Institute (Pty) Ltd 
84. Redefined Skills Training & Development (Pty) Ltd 
85. SEOPOSENGOE TRAINING CONSULTANCY CC 
86. Setlakala Business Development 
87. SHUMISANANI DRESSMAKING SCHOOL 
88. Silungokuhle (Pty) Ltd 
89. SINOVUYOLETHU TRADING PTY LTD 
90. Siyasanga Training Centre 
91. SOUTH AFRICAN FASHION DESIGNER AGENCY CC 
92. South Cape Public FET College - George Campus 
93. South West Gauteng Tvet College 
94. SPLS CONSULTANTS PTY LTD 
95. Tebkhan Investments (Pty) Ltd 
96. Tembe Service Providers 
97. THANDEKA VOCATIOL EDUCATION TRUST PTY LTD 
98. The Brokers Learning Centre 
99. THE FINISHING COLLEGE PTY LTD 
100. The Institute of Fashion and Garment Technology (Pty) Ltd 
101. THUBELIHLE GRADUATE INSTITUTE 
102. THUTO MFUNDO ADULT EDUCATION CENTRE 
103. Thuto Skills Development 
104. TOBAKA LOGISTICS 
105. Trade Call Investments Apparel (Pty) LTD 
106. Trade Call Investments Apparel (Pty) Ltd (Mobeni) 
107. TRADE CALL INVESTMENTS PTY LTD 
108. TRUE REFLECTIONS TRAINING AND DEVELOPMENT PTY LTD 
109. Try Easy Electrical Solutions 
110. Tshwane North College 
111. U AND G TRAINING (PTY) LTD 
112. U AND G TRAINING PTY LTD 
113. UMBUSO TRAINING SERVICES 
114. VCK TRAINING AND TECHNICAL SERVICES PTY LTD 
115. VEB CELE & ASSOCIATES PTY LTD 
116. VELA VEZI 
117. Vijay Bhagwan Consultancy and Solutions cc 
118. VINE APPAREL (PTY)LTD 
119. VPK BUSINESS VENTURE C C 
120. WORKPLACE AND ENTREPRENEURSHIP TALENT SOLUTIONS 
121. ZA GEAR 
122. ZERO1ZERO5 GROUP 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.