Management Accounting Practitioner

This Occupational Certificate: Management Accounting Specialist prepares a learner to function at a senior or managerial level in the field of management accounting. It provides an exit level from the full pathway towards professional management accountant status. The qualifying learner will be able to: • Manage the implementation of organisational strategy through people, projects, processes and relationships. • Analyse, plan and manage costs to support the implementation of the organisation's strategy and assess investment decisions and their associated risks. • Use consolidated financial statements to analyse performance; and position and source the long-term finance required to fund the operations of organisations, particularly their capital investments.

This qualification is the third step in the learning pathway to becoming e a professional Management Accountant. Management Accountant is currently one of the occupations in high demand in South Africa. In the design of this qualification, the institution co-operation with the Chartered Institute of Management Accountants (CIMA) and their stakeholders. The institution aligned the qualifications to international management accounting standards. This alignment will assist in keeping South African business practices in line with international norms. It will also enhance South Africa's international competitiveness and standing in the global economy. The implementation of the qualification can make a significant impact on the South African business environment and economy. This qualification provides a third exit level along the learning pathway towards becoming a fully qualified Management Accountant. The qualification allows learners to enter the labour market and to become economically active while continuing along the learning pathway. The qualification also provides people with the skills required in various management accounting roles in the financial divisions of organisations in all sectors of the economy.

Recognition of Prior Learning (RPL): RPL for Access to the External Integrated Summative Assessment. Accredited providers and approved workplaces must apply the internal assessment criteria specified in the related curriculum document to establish and confirm prior learning. Accredited providers and workplaces must confirm prior learning by issuing a statement of results or certifying a work experience record. RPL for Access to the Qualification: Accredited providers and approved workplaces may recognise prior learning against the relevant access requirements. Entry Requirements: Occupational Certificate: Management Accounting Specialist, Level 6.

• Manage the implementation of organisational strategy through people, projects, processes and relationships.
• Analyse, plan and manage costs, to support the implementation of the organisation's strategy and assess investment decisions and their associated risks.
• Use consolidated financial statements to analyse performance and position and source the long-term finance required to fund the operations of organisations, particularly their capital investments.