The learner will be able to:

Compile and present a credit proposal and assess such a proposal in terms of both financial and non-financial information.

Specific Assessment Criteria:

Determine whether the learner:

Understands and can prepare income statements, cash flow and balance sheet for a company.
Can describe the classification of overheads.
Apply the process costing method to determine various costs.
Explain the functions of budget as well as the functions and purpose of the budgetary control.
Understands the different sources of finances.
Can distinguish between long and short term sources of finance.
Understand the concept of a SWOT analysis.
Understand the concept of Generally Accepted Accounting Practice.
Can describe the difference between financial and management accounting.
Understands the accounting entries to be passed to record the treatment of taxation, dividends and appropriation of profits, Issuing and redemption of preference shares and debentures and long term loans.
Understands the relevant aspects of the Companies Act.
Understands the composition of companies.
Understands the influence of control on companies and ways in which control is obtained.

Integrated Assessment:

To ensure that all relevant material is effectively integrated, summative assessment integrating the cross-field and specific outcomes needs to be incorporated. Assessors must develop assessment instruments that adhere to the assessment criteria and adequately cover the Exit-Level Outcomes in relation to the purpose of the Qualification.

Assessment strategy:

Continuous assessment by means of written assignments, projects, tests, case studies, seminars, tutorial exercises will be used to monitor learners’ progress and for remedial purposes.