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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:
|
| UNIT STANDARD CCFO DEMONSTRATING |
| Demonstrate an understanding of the world as a set of related systems:
|
| UNIT STANDARD CCFO CONTRIBUTING |
| Learner and societal development:
|
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 | 2023-06-30 | As per Learning Programmes recorded against this Qual |
| Elective | 78923 | National Certificate: Autotronics | Level 3 | NQF Level 03 | Reregistered | 2023-06-30 | MERSETA |
| 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 | 58720 | National Certificate: Engineering Fabrication | Level 3 | NQF Level 03 | Reregistered | 2023-06-30 | 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 | 2023-06-30 | As per Learning Programmes recorded against this Qual |
| Elective | 59730 | National Certificate: Mechanical Handling (Rigging) | Level 3 | NQF Level 03 | Reregistered | 2023-06-30 | 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. | Coastal Kzn F.E.T. College - Swinton Road Campus |
| 2. | Continental Tyres SA (Pty) Ltd (NEW BRIGHTON) (TP) |
| 3. | Customised Training Specialists Trust T/A CTS (PINETOWN) (TP) |
| 4. | DON-DER TRUCK REPAIRS TRUST |
| 5. | Eastcape Midlands Public FET College - Uitenhage (High Street)Campus |
| 6. | Ekurhuleni West Public FET College - Germiston Campus |
| 7. | Enstra Learning and Development Centre (Pty) Ltd (SPRINGS) (TP) |
| 8. | ERGO BUSINESS DEVELOPMENT ACADEMY NPC |
| 9. | Gijima AST Holdings (Pty) Ltd T/A Fundi Training Centre (BENONI) (TP) |
| 10. | HARMONY GOLD MINING CO LTD |
| 11. | Jericho Safety Consultants (Pty) Ltd (TP) |
| 12. | JMC TECHNICAL TRAINING (Bloemfontein)(TP) |
| 13. | Orbit FET College - Rustenburg Campus |
| 14. | Qualitas Training cc (SELBY) (TP) |
| 15. | SEDIBENG TRAINING CENTRE |
| 16. | SIBANYE GOLD ACADEMY PROPRIETARY LIMITED |
| 17. | THE NEW RECLAMATION GROUP (PTY) LTD (Prospecton) (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. |