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: 

Manage basic business finance 
SAQA US ID UNIT STANDARD TITLE
9526  Manage basic business finance 
ORIGINATOR
SGB Air-conditioning Refrigeration and Ventilation 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 06 - Manufacturing, Engineering and Technology Engineering and Related Design 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 3  NQF Level 03  6 
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 
To create a better understanding of the bigger economic environment and basic business principles, be able to distinguish between needs and want, in business, be able to identify the different taxes that need to be paid by a business be able to draw up a basic business budget. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Basic Mathematics. 

UNIT STANDARD RANGE 
A budget relevant to the business in which the student is employed. Use current South African currency. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Describe the bigger economic environment & basic business principles using words, symbols and graphs 
OUTCOME NOTES 
Describe the bigger economic environment & basic business principles using words, symbols and graphs. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The bigger (macro) economic environment is described using contemporary literature for guidance. 

ASSESSMENT CRITERION 2 
2. Basic business principles are described to demonstrate an understanding of profit and loss. 

ASSESSMENT CRITERION 3 
3. A basic economic cycle is explained. 

SPECIFIC OUTCOME 2 
Demonstrate an understanding of ordinary taxes business pay in SA and distinguish needs and wants 
OUTCOME NOTES 
Demonstrate an understanding of ordinary taxes business pay in South Africa and distinguish needs and wants in a small, medium and micro enterprise. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. Ordinary taxes paid by businesses in South Africa are identified. 

ASSESSMENT CRITERION 2 
2. An understanding of why taxes are paid and what they are used for is demonstrated. 

ASSESSMENT CRITERION 3 
3. The difference between needs and wants of small, medium and micro enterprises are described. 

SPECIFIC OUTCOME 3 
Draw up a basic budget for a small business and identify ways to practice control 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. All the expenses and planned expenses of a small business are identified (this should be in line with the type of business). 

ASSESSMENT CRITERION 2 
2. All the expenses of the business are indicated. 

ASSESSMENT CRITERION 3 
3. The possible income of the business is predicted. 

ASSESSMENT CRITERION 4 
4. The layout of the budget is clear and can be easily read and the difference between income and expenditure debit and credit is indicated and understood. 

ASSESSMENT CRITERION 5 
5. The control measurements are clear and easy to understand and apply. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
Any person wishing to be assessed against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, who may appoint a moderator to be present at the assessment. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
Learners should understand the role and functions of financial institutes.
Unnecessary debt will be avoided, accounts will be paid punctually and ways of growing the business financially will be examined. 


Critical Cross-field Outcomes (CCFO): 

UNIT STANDARD CCFO COLLECTING 
Collect, analyse, organise and critically evaluate information:
  • Drawing up a budget 
    		•

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems:
  • Understanding the bigger economic cycle 
    		•

    UNIT STANDARD CCFO CONTRIBUTING 
    Learner and societal development:
  • Learning to be financially independent 
    		•

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

    UNIT STANDARD NOTES 
    Supplementary information:

    Difference between banks and building societies and micro-lenders.
    Learners should be exposed to the economic environment. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48794   National Certificate in Quality Checking of Tyres and Tyre Components  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  20720   National Certificate: Air-Conditioning, Refrigeration and Ventilation  Level 3  NQF Level 03  Passed the End Date -
    Status was "Registered"     		 2004-06-13  Was MERSETA until Last Date for Achievement 
    Core  21005   National Certificate: Automotive Component Manufacturing and Assembly  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2008-11-01  Was MERSETA until Last Date for Achievement 
    Core  22870   National Certificate: Engineering Fabrication (light or heavy)  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2007-08-16  MERSETA 
    Core  23258   National Certificate: Industrial Rubber Manufacturing: Mixing OR Extruding OR Moulding OR Calendaring  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2011-02-16  MERSETA 
    Core  23274   National Certificate: Mechanical Engineering: Fitting  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2008-06-25  MERSETA 
    Core  23255   National Certificate: Mechanical Engineering: Fitting and Machining  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  23278   National Certificate: Mechanical Engineering: Machining  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2008-10-22  Was MERSETA until Last Date for Achievement 
    Core  91926   National Certificate: Mechanical Engineering: Machining and Tooling  Level 3  NQF Level 03  Reregistered  2023-06-30  As per Learning Programmes recorded against this Qual 
    Core  23280   National Certificate: Mechanical Engineering: Tooling Manufacture  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2008-10-22  Was MERSETA until Last Date for Achievement 
    Core  21015   National Certificate: Metal and Engineering Manufacturing Processes  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2011-02-16  Was MERSETA until Last Date for Achievement 
    Core  49019   National Certificate: Metals Production  Level 3  NQF Level 03  Passed the End Date -
    Status was "Registered"     		 2007-04-07   
    Core  20889   National Certificate: Plastics Manufacturing  Level 3  NQF Level 03  Passed the End Date -
    Status was "Registered"     		 2005-04-13  Was MERSETA until Last Date for Achievement 
    Core  36155   National Certificate: Polymer Composite Fabrication  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  79407   National Certificate: Polymer Compound Manufacturing  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  21012   National Certificate: Power and Telecommunication Cable Manufacturing  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  24217   National Certificate: Thermoplastic Fabrication  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  48798   National Certificate: Tyre and Tyre Component Manufacturing  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  48795   National Certificate: Tyre Assembly  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Core  24213   National Certificate: Welding Application and Practice  Level 3  NQF Level 03  Passed the End Date -
    Status was "Registered"     		 2006-12-03  MERSETA 
    Elective  58497   National Certificate: Automotive Repair and Maintenance  Level 3  NQF Level 03  Passed the End Date -
    Status was "Registered"     		 2009-02-18  Was MERSETA until Last Date for Achievement 
    Elective  78524   National Certificate: Automotive Repair and Maintenance  Level 3  NQF Level 03  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  22859   National Certificate: Autotronics  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2009-11-07  Was MERSETA until Last Date for Achievement 
    Elective  78923   National Certificate: Autotronics  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Elective  58720   National Certificate: Engineering Fabrication  Level 3  NQF Level 03  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  58882   National Certificate: Fluid Power  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Elective  50022   National Certificate: General Draughting  Level 3  NQF Level 03  Reregistered  2023-06-30  CETA 
    Elective  24456   National Certificate: Maintaining Vehicles  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2008-02-06  Was MERSETA until Last Date for Achievement 
    Elective  59669   National Certificate: Mechanical Engineering: Fitting  Level 3  NQF Level 03  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  59730   National Certificate: Mechanical Handling (Rigging)  Level 3  NQF Level 03  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  79666   National Certificate: Metal and Engineering Manufacturing Processes  Level 3  NQF Level 03  Reregistered  2023-06-30  MERSETA 
    Elective  67649   Further Education and Training Certificate: Mechatronics  Level 4  NQF Level 04  Reregistered  2023-06-30  MERSETA 
    Elective  22772   National Certificate: Mechatronics  Level 4  Level TBA: Pre-2009 was L4  Passed the End Date -
    Status was "Reregistered"     		 2012-06-30  MERSETA 


    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. Africa International Training Facilities T/A AITF (BREDELL) (TP) 
    2. ALLOYS HEAD OFFICE 
    3. Alvern Cables (Pty) Ltd (GERMISTON) (TP) 
    4. ANGLO PLATINUM - ENGINEERING SKILLS TRAINING CENTRE 
    5. Barloworld South Africa (Pty) Ltd T/A Barloworld-Equipment (ISANDO) (T 
    6. Bell Equipment Company SA (Pty) Ltd (ALTON) (TP) 
    7. Bevline Mechanical Projects (Pty) Ltd (PROSPECTON) (TP) 
    8. Blue Horison Properties 53 (Pty) Ltd T/A Durnacol Skills Innovation Hu 
    9. BMW SA (Pty) Ltd (ROSSLYN) (TP) 
    10. BPC HR Solutions (PRETORIA) (TP) 
    11. Bridgestone South Africa (Pty) Ltd - Brits Plant (BRITS) (TP) 
    12. Bridgestone South Africa (Pty) Ltd - Isando Branch (ISANDO) (TP) 
    13. Bridgestone South Africa (Pty) Ltd - PE Plant (PORT ELIZABETH) (TP) 
    14. Buscor 
    15. Coastal Kzn F.E.T. College - Swinton Road Campus 
    16. Coastal Kzn F.E.T. College - Umbumbulu Campus 
    17. College of Production Technology 
    18. COLLIERY TRAINING COLLEGE (PTY) LTD 
    19. Continental Tyres SA (Pty) Ltd (NEW BRIGHTON) (TP) 
    20. Customised Training Specialists Trust T/A CTS (PINETOWN) (TP) 
    21. Dawsons Training Academy (Pty) Ltd (DURBAN) (TP) 
    22. DON-DER TRUCK REPAIRS TRUST 
    23. Eastcape Midlands Public FET College - Uitenhage (High Street)Campus 
    24. Eastcape Training Centre 
    25. Ekurhuleni West Public FET College - Germiston Campus 
    26. Enstra Learning and Development Centre (Pty) Ltd (SPRINGS) (TP) 
    27. ERGO BUSINESS DEVELOPMENT ACADEMY NPC 
    28. False Bay Public FET College - Westlake Campus 
    29. Gijima AST Holdings (Pty) Ltd T/A Fundi Training Centre (BENONI) (TP) 
    30. Goodyear SA (Pty) Ltd (UITENHAGE) (TP) 
    31. Hytec Group of Companies T/A Hytec (KEMPTON PARK) (TP) 
    32. Imperial Technical Training Academy (GERMISTON) (TP) 
    33. Imperial Technical Training Academy (WADEVILLE) (TP) 
    34. Izizwe Training Centre (Pty) Ltd T/A Simtech Training (NORTHDENE) (TP) 
    35. Jericho Safety Consultants (Pty) Ltd (TP) 
    36. JESUA CONSULTANTS (Hartenbos) (WA) 
    37. Jesua Consultants (Pty) Ltd (MOSSEL BAY) (TP) 
    38. JMC TECHNICAL TRAINING (Bloemfontein)(TP) 
    39. KwaZulu Automotive Training Services cc (KZN) (DURBAN) (TP) 
    40. Lesedi Skills Academy (TP) 
    41. Majuba FET College - Newcastle Technology Centre 
    42. Matimba Rigging & Training (SECUNDA) (TP) 
    43. McCarthy Academy Cape Town (BLACKHEATH) (TP) 
    44. McCarthy Automotive Artisan Academy (MIDRAND) (TP) 
    45. McCarthy Automotive Artisans Academy (PINETOWN) (TP) 
    46. Mopani South East FET College - Phalaborwa Campus 
    47. MSC Artisan Academy (Pty) Ltd T/A Master Artisan Academy SA (EAST LOND 
    48. Nissan SA (Pty) Ltd (ROSSLYN) (TP) 
    49. Northlink College - Bellville Campus 
    50. Northlink College - Wingfield Campus 
    51. Orbit FET College - Rustenburg Campus 
    52. Plastics Federation of South Africa (MAITLAND) (TP) 
    53. Plastics Federation of South Africa (MIDRAND) (TP) 
    54. Plastics Federation of South Africa (WESTMEAD) (TP) 
    55. PUTCO Pty Ltd 
    56. QTE Training & Consulting cc T/A QTE (GERMISTON) (TP) 
    57. Qualitas Training cc (SELBY) (TP) 
    58. Russ Projects T/A Academy Workplace Development (AWD) (HARRIETDALE) (T 
    59. Scaw Metals Group (Pty) Ltd T/A Scaw Metals (DINWIDDIE) (TP) 
    60. SEDIBENG TRAINING CENTRE 
    61. SG Coal (Pty) Ltd (TP) 
    62. Shukela Training Centre 
    63. SIBANYE GOLD ACADEMY PROPRIETARY LIMITED 
    64. SSS Sheet Metal Work cc T/A Sheetech SA (DURBAN) (TP) 
    65. St Anthony's Education Centre (BOKSBURG) (TP) 
    66. Steinmuller Africa (Pty) Ltd T/A Steinmuller Technical Training Academ 
    67. Tekmation (Pty) Ltd T/A Tekmation Training Institute (DURBAN) (TP) 
    68. The Automobile Association of South Africa NPC T/A The AA Technical College(MIDRAND) (TP) 
    69. The Automobile Association of South Africa T/A AA Training Academy (MO 
    70. THE NEW RECLAMATION GROUP (PTY) LTD (Prospecton) (TP) 
    71. THE SAJ COMPETENCY TRAINING INSTITUTE CC 
    72. Toyota Academy Toyota SA Motors (Pty) Ltd (ISIPINGO) (TP) 
    73. Toyota Academy Toyota SA Motors (Pty) Ltd (SANDTON) (TP) 
    74. Umfolozi FET College 
    75. Umfolozi FET College - Central Office 
    76. Umfolozi FET College - Mandeni Campus 
    77. Umgungundlovu FET College - Plessislaer Campus 
    78. Volkswagen of South Africa (Pty) Ltd (CENTURION) (TP) 
    79. Volkswagen of South Africa (Pty) Ltd - Technical Learning Academy (UIT 
    80. Wavelength T.T.I 
    81. West Coast Public FET College - Vredenburg Campus 
    82. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
    83. Wilbat Projects 148 (Pty) Ltd (ISIPINGO) (TP) 
    84. WISPECO ALUMINIUM (Alrode)(Project Site NVC)(TP) 
    85. World Focus 382 cc T/A Richards Bay Technical Training & Assessment Centre (ZCBF) (RICHARDS BAY) (TP) 


    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.