SAQA

All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.

SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

Monitor cash centre reports and accounts in a banking environment

SAQA US ID	UNIT STANDARD TITLE
7184	Monitor cash centre reports and accounts in a banking environment
ORIGINATOR
SGB Financial Services
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-
FIELD			SUBFIELD
Field 03 - Business, Commerce and Management Studies			Finance, Economics and Accounting
ABET BAND	UNIT STANDARD TYPE	PRE-2009 NQF LEVEL	NQF LEVEL	CREDITS
Undefined	Regular	Level 4	NQF Level 04	5
REGISTRATION STATUS		REGISTRATION START DATE	REGISTRATION END DATE	SAQA DECISION NUMBER
Passed the End Date - Status was "Reregistered"		2003-12-03	2004-08-11	SAQA 1351/03
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2005-08-11		2008-08-11

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.

This unit standard is replaced by:

US ID	Unit Standard Title	Pre-2009 NQF Level	NQF Level	Credits	Replacement Status
114753	Monitor cash centre reports and accounts in a banking environment	Level 4	NQF Level 04	5

PURPOSE OF THE UNIT STANDARD

Persons credited with this unit standard will be able to scrutinise reports for irregularities, discrepancies and errors, reconcile and balance accounts, and handle queries.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Open

UNIT STANDARD OUTCOME HEADER

Scrutinise reports for irregularities, discrepanc

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Scrutinise reports for irregularities, discrepancies and errors.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The reports to be scrutinised are obtained as per the bank's procedures.

ASSESSMENT CRITERION RANGE

Including but not limited to bills of exchange books, Forex reports, teller reports, treasury register, counterfeit register, insured register, mail register, security register, branch records

ASSESSMENT CRITERION 2

2. Reports are checked for irregularities, discrepancies and errors as required by the bank.

ASSESSMENT CRITERION 3

3. Irregularities, discrepancies and errors are recorded as required by the bank's procedures.

ASSESSMENT CRITERION 4

4. Those accounts affected by irregularities, discrepanices and errors are noted according to the required procedures.

ASSESSMENT CRITERION 5

5. Where necessary, an audit or investigation is initiated according to the bank's procedures.

SPECIFIC OUTCOME 2

Reconcile and balance accounts.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Steps are taken as required by the bank to ensure that accounts balance daily.

ASSESSMENT CRITERION RANGE

Including but not limited to foreign notes in transit accounts, Forex accounts

ASSESSMENT CRITERION 2

2. A check is done for irregularities, discrepancies and errors according to standard procedures.

ASSESSMENT CRITERION 3

3. Those accounts affected by such irregularities, discrepancies and errors are noted acording to the bank's procedures.

ASSESSMENT CRITERION 4

4. Irregularities and discrepancies are escalated to the relevant authorities in the manner required by the bank.

SPECIFIC OUTCOME 3

Attend to queries.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The nature of the query received is identified as required by the bank.

ASSESSMENT CRITERION 2

2. The query is attended to as required by the nature of the query and the bank's policy.

ASSESSMENT CRITERION 3

3. The query is handled timeously and in a manner that promotes customer service.

ASSESSMENT CRITERION 4

4. Administrative tasks relating to the query are completed according to the bank's procedures.

UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS

1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.

2. Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.

3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

Therefore anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution which is accredited by the relevant ETQA.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

an understanding of all relevant banking policies and procedures.

an understanding of the workflow.

operating and computer system knowledge sufficient to locate the necessary information and complete the task.

an understanding of operational risk.

relevant security precautions.

basic knowledge of accounting

Critical Cross-field Outcomes (CCFO):

UNIT STANDARD CCFO WORKING

To work effectively with others as a member of a team, group, organisation and community when steps are taken as required by the bank to ensure that accounts balance daily.

UNIT STANDARD CCFO ORGANISING

To organise and manage oneself and one's activities responsibly and effectively when reports are checked for irregularities, discrepancies and errors as required by the bank.

UNIT STANDARD CCFO COLLECTING

To collect, organise and critically evaluate information when an audit or investigation is initiated according to the bank's procedures where necessary.

UNIT STANDARD NOTES

This unit standard has been replaced by unit standard 114753, which is "Monitor cash centre reports and accounts in a banking environment", 5 credits, NQF Level 4, as from 11 Aug 2004.

Legal Requirements:

All procedures must meet recognised codes of practice as well as obligations required under current legislation within South Africa and within the normal parameters of the defined job/task.

Terminology:

FOREX - foreign exchange

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Elective	20185	Further Education and Training Certificate: Banking	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	BANKSETA

PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD:

This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.

1.	AAR Trading and Projects (Pty) Ltd
2.	Advanced Assessments and Training (Pty) Ltd
3.	Africa Glory Empowerment Services
4.	Assured Vocational Skills Institute (Pty) Ltd
5.	Brainwave Project 707 Pty Ltd
6.	Brainwave Projects 707
7.	Compuscan Academy
8.	DC Academy
9.	Delmas Development Centre
10.	Fachs Business Consulting and Training
11.	Gigimo Tourism Academy
12.	MAT 007 (PTY) LTD
13.	Matibidi Raphela Investments (Pty) LTD
14.	Octomate Education Pty Ltd
15.	Octopus Training Solutions
16.	Production Management Institute of Southern Africa (Pty) Ltd
17.	RIAPHATHUTSHEDZA
18.	Signa Academy (Pty) Ltd
19.	Sinovuyolethu Trading (Pty) Ltd
20.	THE SHERQ CENTRE OF EXCELLENCE PTY LTD