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:

Apply financial analysis

SAQA US ID	UNIT STANDARD TITLE
15236	Apply financial analysis
ORIGINATOR
SGB Generic Management
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
Undefined	Regular-Fundamental	Level 5	Level TBA: Pre-2009 was L5	4
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 is a Unit Standard intended for managers in all economic sectors. These managers would typically be second level managers such as heads of department, section heads or divisional heads, and may have more than one team reporting to them.

The qualifying learner is capable of:

Explaining financial analysis

Calculating ratios to measure profitability and resource utilisation

Calculating ratios to measure viability

Identifying growth opportunities through financial results and reporting the results of financial analysis.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Ii is assumed that people learning towards this Unit Standard are already competent in:

Communication at NQF level 4

Mathematical Literacy at NQF level 4

Computer literacy at NQF level 4

The Unit Standards entitled:

Apply the budget function in a business unit

Interpret basic financial statements.

UNIT STANDARD RANGE

GAAP is `Generally Accepted Accounting Practices`

Financial analysis applies to a business operation which may form part of an organisation for example a division, or it may be the whole organisation.

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Explain financial analysis in a business operation.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The concepts of financial analysis are identified and explained in terms of their use in a business.

ASSESSMENT CRITERION 2

2. The users of financial analysis in a business operation are identified and a explanation is given of the ways in which they would use such an analysis to enhance the operations of the organisation.

ASSESSMENT CRITERION 3

3. Financial analysis is applied to the budgeting process in a business operation.

ASSESSMENT CRITERION 4

4. The significance of using trends and ratios to analyse financial reports is explained with examples from a specific organisation.

SPECIFIC OUTCOME 2

Calculate ratios to measure profitability and resource utilisation.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The ratios are calculated in accordance with GAAP.

ASSESSMENT CRITERION 2

2. The ratios are applied to measure the profitability of an organisation.

ASSESSMENT CRITERION 3

3. The ratios are applied to measure resource utilisation in an organisation.

ASSESSMENT CRITERION 4

4. Recommendations are made regarding the profitability of and resource utilisation by the organisation using the results obtained from the application of the ratios.

SPECIFIC OUTCOME 3

Calculate ratios to measure viability.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The ratios are calculated in accordance with GAAP.

ASSESSMENT CRITERION 2

2. The concept of, "the viability of an organisation", is explained using examples of viable and unviable ventures in a specific sector.

ASSESSMENT CRITERION 3

3. The viability of an organisation is determined using the ratios to analyse the organisation's financial situation.

SPECIFIC OUTCOME 4

Identify growth opportunities through financial results and report the results of financial analysis

OUTCOME NOTES

Identify growth opportunities through financial results and report the results of financial analysis.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. A financial analysis is done of an organisation for two accounting periods and the results are compared and interpreted in terms of the profitability of the company and to determine which period had better results.

ASSESSMENT CRITERION 2

2. A financial analysis is done for two different sections or divisions of the organisation and a decision made as to which is more efficient in its utilisation of resources and capital.

ASSESSMENT CRITERION 3

3. Recommendations are made to address any weaknesses identified in the operation's performance when one section is compared with another or one year with another.

ASSESSMENT CRITERION 4

4. Opportunities for growth are identified based on the interpretation of past performance.

UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS

Assessment of this Unit Standard should be contextual and practical.

Assessors must be registered as an assessor with the Services SETA ETQA or an ETQA that represents the sector in which the learner is employed and which has a Memorandum of Understanding with the Services SETA ETQA.

Moderators must be registered as assessors with the Services ETQA, or with an ETQA that has a Memorandum of Understanding with the Services ETQA.

The mechanisms and requirements for moderation should be applied in accordance with the requirements of the relevant ETQA.

Assessment should include both formative and summative assessment.

Training providers must be accredited by the Services ETQA or with an ETQA that has a Memorandum of Understanding with the Services ETQA.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

Understand the difference between finance and accounting

Understanding financial relationships

Understanding of trends and ratios

Understanding how to analyse past performance, recognise opportunities and plan for the future

Financial performance measurement techniques.

UNIT STANDARD DEVELOPMENTAL OUTCOME

N/A

UNIT STANDARD LINKAGES

N/A

Critical Cross-field Outcomes (CCFO):

UNIT STANDARD CCFO IDENTIFYING

Identify and solve problems through making recommendations to address discrepancies.

UNIT STANDARD CCFO WORKING

Work effectively with others when gathering information for financial analysis.

UNIT STANDARD CCFO ORGANISING

Organise and manage oneself and one`s activities when calculating ratios and reporting findings.

UNIT STANDARD CCFO COLLECTING

Collect, evaluate, organise and critically evaluate information when analysing and interpreting financial results.

UNIT STANDARD CCFO COMMUNICATING

Communicate effectively with stakeholders in written reports.

UNIT STANDARD CCFO SCIENCE

Use science and technology for recording and reporting financial analysis.

UNIT STANDARD CCFO DEMONSTRATING

Demonstrate an understanding of the world as a set of related systems showing how the results of divisions impact on the whole organisation.

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	48886	National Certificate: Business Advising	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2010-11-11	Was SERVICES until Last Date for Achievement
Core	79886	National Certificate: Business Advising	Level 5	NQF Level 05	Passed the End Date - Status was "Reregistered"	2023-06-30	SERVICES
Core	49336	National Certificate: Law Enforcement: Sheriffing	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2023-06-30	SAS SETA
Core	61594	National Certificate: Management	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2009-05-02	As per Learning Programmes recorded against this Qual
Core	49122	National Certificate: Radio Station Management	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2023-06-30	MICTS
Core	58473	National Diploma: Freight Handling Logistics	Level 5	NQF Level 05	Passed the End Date - Status was "Reregistered"	2023-06-30	TETA
Core	48888	National Diploma: Hiring Operations Management	Level 5	NQF Level 05	Passed the End Date - Status was "Reregistered"	2016-12-31	SERVICES
Core	49783	National Diploma: Joint and Multi-National Operations	Level 6	NQF Level 06	Passed the End Date - Status was "Reregistered"	2023-06-30	SAS SETA
Fundamental	49743	National Certificate: Manufacturing Management	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2023-06-30	FOODBEV
Fundamental	57450	National Diploma: Automotive Diagnostics and Repair	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Registered"	2009-02-18	Was MERSETA until Last Date for Achievement
Elective	71969	National Certificate: Automotive Components: Manufacturing and Assembly	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2015-06-30	MERSETA
Elective	61589	National Certificate: Banking	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual
Elective	59201	National Certificate: Generic Management	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual
Elective	49121	National Certificate: Interactive Media	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Reregistered"	2023-06-30	MICTS
Elective	50419	National Certificate: Port Control and Admissions	Level 5	Level TBA: Pre-2009 was L5	Passed the End Date - Status was "Registered"	2009-06-29	Was PSETA until Last Date for Achievement
Elective	48553	National Diploma: Corrections Science	Level 5	NQF Level 05	Passed the End Date - Status was "Reregistered"	2020-07-30	SAS SETA
Elective	49710	National Diploma: Development Practice	Level 5	NQF Level 05	Passed the End Date - Status was "Reregistered"	2023-06-30	ETDP SETA

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.	AFRICAN BANK LTD
2.	Aldabri 106 Institute for Quality Pty Ltd
3.	B AND T SKILLS DEVELOPMENT TRAININGS
4.	Chartall Business College
5.	Circleway College
6.	Clean Heat Academy
7.	Compuscan Academy
8.	Cornerstone Performance Solutions (Pty) Ltd
9.	Dee-Bravo Training Centre
10.	Felix Risk Training Consultants
11.	Frayintermedia Cc
12.	Gauteng City College
13.	Makwedeng Training
14.	N MAHARAJ ATTORNEYS
15.	Novia One Group (Pty) Ltd
16.	Plumb Line Risk Alignment
17.	Production Management Institute of Southern Africa (Pty) Ltd
18.	Richfield Graduate Institute of Technology Pty Ltd
19.	Riverwalk Trading 151 CC trading as Culhane Consulting
20.	Rostec Technical FET College (Pty) Ltd
21.	SA Maritime School and Transport College
22.	SIGNA ACADEMY (PTY) LTD
23.	The Academy of Financial Markets
24.	The Graduate Institute of Financial Sciences (Pty) Ltd
25.	The Institute of Literacy Advancement
26.	THE SHERQ CENTRE OF EXCELLENCE PTY LTD