To train both financial and non-financial officials on the principles and application of theSCOA and ERF in national and provincial spheres of government
This target group consists of:
- Programme managers;
- Sub programme managers ;
- Officials in charge of a responsibility;
- Line function managers and officials (engineers, architects, infrastructure components etc.);
- Human resource practitioners;
- Budget, financial and policy analysts.
Minimum Requirements for Enrollment
- Communication at NQF Level 4;
- Mathematical literacy on NQF Level 4;
A learner credited with this unit standard should be able to:
- Explain the background and components of ERF;
- Categorise receipts in accordance with the ERF;
- Categorise payments in accordance with the ERF;
- Analyse the role and purpose of the decision tree for consistent classification;
- Define stand-alone items and projects and identify components and total costs of a project;
- Apply the decision tree and rules to determine if a payment is current or capital in nature.
This course is credit bearing and is aligned to the following unit standard:
Unit Standard Title Credits
Classify receipts and payments in accordance with the Economic Reporting Format
(ERF) – 3
Determine whether a payment is of a current or capital nature – 4
Classify, analyse and report on the economic classification using all segments of the
Standard Chart of Accounts (SCOA) – 3
Total Credits 10
Total Notional hours 100
There is no official pre-course assignment, but learners will complete formative and summative assessment activities during the course. At the end of the contact session learners will complete a Portfolio of Evidence and will receive a Certificate of Competence.
This course is presented over three (3) working days.