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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Demonstrate a knowledge and understanding of a range of records kept in a local economic development environment and what constitutes evidence in own work context 
SAQA US ID UNIT STANDARD TITLE
110473  Demonstrate a knowledge and understanding of a range of records kept in a local economic development environment and what constitutes evidence in own work context 
ORIGINATOR
SGB Economics 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
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 
This Unit Standard is for people who are, or seek to be active in a local economic development environment. It introduces the learner to a variety of types of records and the concept of value (such as in value for money). It also introduces the learner with to the purpose and functions of record-keeping in general and in the local economic development environment specifically.

People credited with this Unit Standard are able to:
  • Name and describe the types of records that need to be kept within a local economic development environment? > Explain why records and information are kept in the local economic development environment
  • Evaluate the contents of local economic development related records specific to own work context
  • Maintain the records required for an LED department. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in Communication at NQF Level 3. 

    UNIT STANDARD RANGE 
  • Types of records include contracts and agreements, minutes of meetings, bills and invoices, records of payment and correspondence
  • Value is objective (i.e. product and/ or service delivered and rands and cents) and subjective (i.e. information, opinion)
  • Evidence is found in records and includes details of parties involved, definitions of exchange of value and notes on work in progress. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Name and describe the type of records that need to be kept. 
    OUTCOME NOTES 
    Name and describe the type of records that need to be kept within a local economic development environment. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The different types of records are listed in the local economic development context. 

    ASSESSMENT CRITERION 2 
    2. The purpose of each type of record is explained in own work context. 

    ASSESSMENT CRITERION 3 
    3. The parties to each type of record are identified in own work context. 

    SPECIFIC OUTCOME 2 
    Explain why records and information are kept in the local economic development environment. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The role of records and information in identifying and tracking the parties and their responsibilities is provided in the local economic development context. 

    ASSESSMENT CRITERION 2 
    2. The evidence of the exchange of information and value is identified with regards to records kept in the local economic development context. 

    ASSESSMENT CRITERION 3 
    3. The consequences of keeping inadequate or inappropriate records and information are explained in the local economic development context. 

    SPECIFIC OUTCOME 3 
    Evaluate the contents of local economic development related records specific to own work context. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The types of information contained in a record are explained with reference to a range of named documents. 

    ASSESSMENT CRITERION 2 
    2. The importance of recording role player -specific details is described and explained by referring to examples from own work context. 

    ASSESSMENT CRITERION 3 
    3. The purpose of recording changes, milestones, work in progress and achievements is explained with reference to examples from own work context. 

    SPECIFIC OUTCOME 4 
    Maintain the records required for an LED department. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Information required by the various departments involved in LED are kept in electronic and/or hardcopy form according to institutional requirements. 

    ASSESSMENT CRITERION 2 
    2. Information in records is kept up to date and irrelevant information deleted. 

    ASSESSMENT CRITERION 3 
    3. Information required by individuals/ departments is sourced and supplied when requested. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    1. Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
    2. Any institution offering learning that will enable achievement of this Unit Standard or will assess this Unit Standard must be accredited as a provider with the relevant ETQ, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA .
    3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures or with an ETQA that has a Memorandum of Understanding with the relevant ETQA .
    4. Therefore, anyone wishing to be assessed against this Unit Standard may apply to be assessed by any assessment. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Purpose and functions of formal record-keeping
  • The concept of exchanges of value
  • The concept of being responsible and accountable with public money
  • Awareness of documentation as a management tool
  • Records as a means of controlling access to resources (e.g. proxima; boardroom; photocopy facilities; international telephone lines). 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    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 by, e.g.
  • Explaining the consequences of keeping inadequate or inappropriate records and information according to this assessment criterion "The consequences of keeping inadequate or inappropriate records and information are explained in the local economic development context." 

  • UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organization and community by, e.g.
  • Explaining the parties to each type of record according to this assessment criterion "The parties to each type of record are identified in own work context".
  • Identifying the evidence of the exchange of information according to this assessment criterion "The evidence of the exchange of information and value is identified with regards to records kept in the local economic development context".
  • Explaining the consequences of keeping inadequate records and information according to this assessment criterion "The consequences of keeping inadequate or inappropriate records and information are explained in the local economic development context". 

  • UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organize and critically evaluate information by, e.g.
  • Explaining each type of record according to this assessment criterion "The purpose of each type of record is explained in own work context".
  • Providing the role of records and information in identifying and tracking the parties and their responsibilities according to this assessment criterion "The role of records and information in identifying and tracking the parties and their responsibilities is provided in the local economic development context".
  • Describing and explaining the importance of role player-specific details according to this assessment criterion "The importance of recording role player -specific details is described and explained by referring to examples from own work context". 

  • UNIT STANDARD CCFO CONTRIBUTING 
    Be culturally and aesthetically sensitive across a range of social contexts by, e.g.
  • Explaining the types of information contained in a record according to this assessment criterion "The types of information contained in a record are explained with reference to a range of named documents". 

  • 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
    Elective  36436   National Certificate: Local Economic Development  Level 4  Level TBA: Pre-2009 was L4  Reregistered  2023-06-30  LG 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. Bull's Business and Skills Training Institute 
    2. Business Circle Consultation 
    3. Development Bank of Southern Africa (DBSA) 
    4. Hlombe and Associates 
    5. IGKM Management Services (Pty) Ltd 
    6. Inafrica General Trading Pty LTD 
    7. Josmap Training Institute 
    8. LETZAA Group 
    9. Magumzane Traiding cc 
    10. Mahayi HRD Services cc 
    11. Management College of Southern Africa (MANCOSA) 
    12. MML Consulting CC. 
    13. Myeza Trading Enterprise 
    14. Networx for Career Development 
    15. Nomagwanishe Investments cc 
    16. Pebetse Training and Consulting 
    17. Pioneer Business Consulting 
    18. PMA Holdings (PTY ) LTD. 
    19. Pulakgadi Training Consulting CC 
    20. Regent Business School (Pty) Ltd t/a Regent Business School 
    21. Resonance Institue of Learning 
    22. SIZA NESU TRAINING AND DEVELOPMENT 
    23. South African ABET Development Agency SAADA 
    24. South African Governance and Business College 
    25. South West Gauteng College - Molapo Campus 
    26. T Mabuya & Associates CC 
    27. Talent Centre Training 
    28. Talent Emporium Academy (PTY) Ltd 
    29. Thuto-Boswa Education and Training Solution 
    30. Tshwane Training Institute (PTY) LTD. 
    31. Umfolozi FET College 
    32. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    33. Vicmat Consultants 



    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.