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 cost management information systems in the preparation of management reports |
SAQA US ID | UNIT STANDARD TITLE | |||
119341 | Apply cost management information systems in the preparation of management 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 5 | Level TBA: Pre-2009 was L5 | 15 |
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 |
Learners working towards this standard will be working within a Public Sector environment, specialising in Public Finance Management and Administration, where the acquisition of competence against this standard will add value to one's job. This standard will also add value to public officials who are seeking to develop a career pathway towards becoming an accomplished public finance management and administration specialist.
The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Learners accessing this Unit Standard must be in possession of a Further Education and Training Certificate or equivalent qualification |
UNIT STANDARD RANGE |
N/A |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Identify and apply different methods of accounting for costs in the public setting. |
OUTCOME RANGE |
Different cost accounting methods include but are not limited to job-order, activity-based costing and service costing |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Different costing approaches are considered to measure the performance of different segments |
ASSESSMENT CRITERION 2 |
A range of costing systems are used to account for costs incurred in the public sector |
ASSESSMENT CRITERION 3 |
Appropriate cost centres and elements of costs are recognised and reported |
ASSESSMENT CRITERION 4 |
Difficulties associated with categorisation of costs by behaviour in a public sector organisation are explained |
SPECIFIC OUTCOME 2 |
Compile costing information for management control. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Relevant cost data is selected and presented to management to support a specific decision-making process |
ASSESSMENT CRITERION 2 |
Cost information relating to income and expenditure is analysed and reported to support management functions |
ASSESSMENT CRITERION 3 |
Variances in reports are identified where relevant |
ASSESSMENT CRITERION 4 |
Knowledge of cost variability is applied to incremental analysis in decision-making problems |
ASSESSMENT CRITERION 5 |
Elements of costing are identified and applied in the assessment of cost variability |
ASSESSMENT CRITERION 6 |
Overhead costs associated with public service delivery are allocated, apportioned and absorbed to measure cost recovery levels |
SPECIFIC OUTCOME 3 |
Prepare cost performance reports using variance analyses techniques. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
A range of costing systems and reports are considered for the compilation of management reports |
ASSESSMENT CRITERION 2 |
Standard costs and related variance analyses are calculated to prepare reports needed to manage by exception |
ASSESSMENT CRITERION 3 |
Reports are prepared so as to inform planning and control functions of management |
ASSESSMENT CRITERION 4 |
Recommendations are made to assist in the identification of ways to reduce costs and enhance value |
SPECIFIC OUTCOME 4 |
Present relevant data to support non-routine short-term decisions. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Cost revenue data is prepared to support short-term decisions |
ASSESSMENT CRITERION 2 |
Sound economic principles are applied to inform the reports prepared to support non-routine decisions |
ASSESSMENT CRITERION RANGE |
Economic principles that apply to non-routine decisions include but are not limited to opportunity cost, marginal review, hidden costs, sunk costs |
ASSESSMENT CRITERION 3 |
Specific recommendations that are made are explained in a clear and appropriate manner and substantiated with valid statistics/financial indicators |
ASSESSMENT CRITERION 4 |
Qualitative factors affecting routine short-term decisions are identified |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
1. Any 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.
2. 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. 3. 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. 4. Moderation of assessment will be conducted by the relevant ETQA at its discretion. |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
The learner must demonstrate an understanding of:
|
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 to analyse and report on costs |
UNIT STANDARD CCFO WORKING |
Work effectively with others as a member of a team, group, organization or community to compile costing reports |
UNIT STANDARD CCFO ORGANISING |
Organise and manage oneself and one's activities responsibly and effectively in order to ensure that cost management is proactively undertaken and the reports are completed within given timeframes |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organize and crtically evaluate information in order to determine variance analyses |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively using visual, mathematical and/or language in the modes of oral and/or written persuasion to compile cost management reports |
UNIT STANDARD CCFO SCIENCE |
Use science and technology effectively and critically, showing responsibility to the environment and health of others in ensuring that costing systems are effectively utilized and managed |
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 in controlling costs and that various factors will impact on cost management |
UNIT STANDARD CCFO CONTRIBUTING |
Participating as responsible citizens in the life of local, national and global communities by preparing costing reports needed to manage by exception |
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 | 49554 | National Diploma: Public Finance Management and Administration | Level 5 | NQF Level 05 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | LG SETA |
Elective | 61349 | National Certificate: Heritage Resource Management | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CATHSSETA |
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. | A4 Consultancy CC |
2. | Abacwaningi Business Solutions |
3. | Amabamba Recruitment |
4. | AVAX SA 481 CC. T/A Mandisa Development Services |
5. | Buena Vista Learning Academy |
6. | Edequette Training Institute |
7. | Excellent Minds Institute (Pty) Ltd |
8. | Giamanje TVET College |
9. | Growth Management Consulting |
10. | Hamonate Consulting |
11. | IQ Skills Academy (PTY) LTD. |
12. | Jobafrik Consulting |
13. | Josmap Training Institute |
14. | KOKANO PROJECTS PTY LTD |
15. | KYM MANAGEMENT CONSULTING |
16. | Lewerb Holdings (PTY) Ltd |
17. | Mafamawethu Consultants |
18. | Makoti Skills Development Solutions |
19. | Mamuhle Academy |
20. | MANCOSA Pty (Ltd) |
21. | Maritime Business Institute |
22. | MARS Business Consulting |
23. | MATEPE INVESTMENTS (PTY) LTD |
24. | Morar Incorporated - KZN |
25. | Mortarboard Training Solutions |
26. | MTK Corporate Solutions |
27. | Ndwamato Training Solutions (Pty) Ltd |
28. | Nemalale Eagles Consultancy CC |
29. | Pachedu Skills Solutions |
30. | Pachi Global Foundation |
31. | Pebetse Training and Consulting |
32. | Petra Institute of Development |
33. | PFIM Trading (Pty) Ltd |
34. | PMA Holdings (PTY ) LTD. |
35. | Progressive School of Business and Engineering (Pty) |
36. | PTDEV (Pty) Ltd |
37. | Reflections Development Institute |
38. | Regent Business School (Pty) Ltd t/a Regent Business School |
39. | Resonance Institue of Learning |
40. | Silalele Consulting CC. |
41. | Siletha Consultant |
42. | Siza Nesu Training and Consultants |
43. | South African Corporate Training Association |
44. | Tachfin Holdings |
45. | Tasc Business Consulting and Training |
46. | Tloumogale Business Development & Consulting |
47. | Transafric Consulting Pty Ltd |
48. | Tshepang Consulting & Project |
49. | TWINMARK STRATEGY AND MANAGEMENT CONSULTANTS |
50. | Umqondo Consultancy |
51. | UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD |
52. | University of Pretoria |
53. | University of Venda |
54. | Ursivox Interactive Systems |
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. |