A learner should provide evidence of learning competency (knowledge, skills and attitude) by means of the following:
1. Financial statements drawn up according to set standards.
2. An audit programme compiled for statutory audits.
3. Management report on improvements on internal control.
4. Calculation of the tax liability in respect of:
Personal tax
Corporate tax
VAT
Estate duty
Donations tax
5. Other taxes, e.g. Stamp duty.
6. Estate Planning.
7. Tax planning.
8. Management Accounts.
9. Cost reports.
10. Cost volume analysis.
11. Budgets.
12. Investment decisions.
13. Finance decisions.
14. Business valuations.
15. Analysis of financial statements.
Integrated assessment
Competence is achieved, through continuous assessment by demonstrating the ability to achieve the outcomes of the Qualification
Written tests and examinations.
Written assignments.
Case studies.
Group discussions.
This will be supported by a module credit system, followed by a final exam on the modules for which credit was not obtained
Assessment documents are moderated to ensure that:
They conform to the scope and context of the competency as stipulated in the qualification
They are constructed in such a way that the Assessor assesses the critical outcomes applied, during the Learners activity performances, towards achieving an outcome.
Assessments are:
To include confirmation of the Embedded Knowledge component to ensure that the Foundational Competency is achieved
To be verified by Internal Verifiers to ensure valid, credible, true and fair results
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