To train both financial and non-financial officials on the principles and application of the SCOA and ERF in national and provincial spheres of government..
This target group consists of:
- Financial management staff typically in the CFO’s office (Payment, receipt, banking, taxation, debt and suspense accounts etc.)
- SCM officials (Demand, acquisition, logistics, disposal)
- Asset management officials
- System controllers
- Budget officials (preparation of departmental budgets)
The practitioner’s group programme is split into 2 courses:
- one for all practitioners that deal with transactions at a basic level
- one for practitioners dealing with complex financial transactions (advanced).
Minimum Requirements for Enrollment
- Communication at NQF Level 4 and
- 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.
- Identify the segments of SCOA to reflect the purpose of each segment.
- Allocate a transaction using all segments of SCOA.
- Use inter-relationships amongst all the segments of SCOA for allocation of transactions.
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
Allocate transactions using all segments of the Standard Chart of Accounts (SCOA) – 5
Total Credits 8
Total Notional hours 80
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.