Learners will be assessed on the ability to:
Prepare, produce and present financially related information in a logical format according to generally accepted accounting principles and applicable standards of disclosure or reporting for government institutions (i.e. GRAP and modified cash basis).
Interpret and analyse financial information and statements for national, provincial and local government organisational forms (e.g. municipalities, government entities).
Interpret, introduce, monitor and apply relevant legislation within the public sector organisation (e.g. PFMA, MFMA, National Treasury Regulations).
Apply public and administration policies within the public sector organisation.
Design, analyse and evaluate financial and related information systems for business monitoring and control purposes.
Identify risks and plan work to meet the objectives of an internal or external audit assignment.
Build and evaluate simple financial models as applied in government organisations.
Design, prepare, monitor and evaluate forecasts and budgets.
Monitor, evaluate and report on projects and project appraisals.
Report financial management outcomes against predetermined objectives.
Design and evaluate costing systems appropriate for various types of organisations and processes.
Calculate, record and report information necessary for effective cost management.
Apply cost management techniques which achieve the strategic objectives of the organisation.
Advise on the issues and principles of cost control centres.
Each module will have formative assignments, ranging from regular submissions and tests, and summative exams. Assignments will be in the form of case studies with computer-based calculations and practical applications of theory. Each course should have between 2 to 4 assignments and/or projects, as well as a formal assessment. In addition, an integrated assignment/case study at the end of the qualification would form the final combined assessment.
The results of the assignments held during the year will constitute the year mark for the module, these ranges between 40 and 45% of the final mark. A final will form between 55 and 60% of the final mark.