FIELD BUSINESS
Rollover and Revision of Accounting - Middle Level, Financial Skills, and Small Business Management unit standards
|
Subfield |
Domain |
Id |
|
Accounting |
Accounting - Middle Level |
|
|
Financial Management |
Financial Skills |
1728-1731, 1850- 1875 |
|
Management |
Small Business Management |
1989-1994, 6156, 6403-6412, 19024 |
NZQA National Qualifications Services has decided that the unit standards listed above, which were registered in September 1994, February 1996, October 1997, and May 2002 should be have their period of registration extended.
The reason for the rollover is to maintain the currency of the unit standards until they have been reviewed. The rollover prompted a revision of the unit standards in order to update references, to clarify outcomes, and to make some minor editorial amendments. Other than minor changes to titles of six unit standards, no substantive changes have resulted from the revision.
The review of these unit standards is planned to take place during 2008.
Date new versions published January 2006
New comments by date December 2007
Expiry date of new versions of the unit standards December 2008
Reason for the revision
Unit standards in all three domains were revised to update legislation, correct errors, clarify outcomes, and to update moderation options for most of the Small Business Management unit standards.
Main changes resulting from the revision
· Legislation and references in performance criteria and special notes have been updated or clarified where required.
· Titles of unit standards 1856, 1858, 1870, 1872 from Financial Skills domain; and 6403 and 6409 from Small Business Management domain have been altered to better reflect the outcomes of those unit standards; and the cross-reference to the title of unit standard 1872 has been updated in unit standard 1783 special notes.
· Minor editorial amendments have been made.
· Moderation options for Small Business Management unit standards 1989-1994, 6156, and 6403-6412 have been updated to match AMAP 0113.
Impact on existing provider accreditations
None.
Impact on existing qualifications
Qualifications that contain the revised standards or classifications are tabled below.
Affected |
The qualification lists a revised classification (domain or subfield) in an elective set The qualification lists a standard that has changes to level or credits |
Not materially affected |
The qualification lists a standard that has a new title The qualification lists a standard that has a new classification |
The following National Qualifications Services qualifications are not materially affected by the changes. They will be updated when they are next reviewed.
|
Qualification title |
Standard in the qualification |
|
National Certificate in Small Business Management [Ref: 0172] |
6403, 6409 |
|
National Diploma in Marketing with strands in General Marketing, Direct Marketing, International Marketing, Marketing Research, Sales Organisation and Management, Advertising, and Public Relations [Ref: 0424] |
1870 |
|
National Diploma in Small Business Management [Ref: 0173] |
6403, 6409 |
The following qualification is not materially affected by the changes. It will be updated when it is next reviewed.
|
Qualification title |
Standard in the qualification |
SSB Name |
|
National Diploma in Hospitality (Business Management) [Ref: 0883] |
6403, 6409 |
Hospitality Standards Institute |
|
National Diploma in Professional Practice in Design and Construction Consultancy [Ref: 0586] |
1858 |
InfraTrain New Zealand |
Summary of main changes to standards' classification, titles, levels, and credits
The following table shows the changes made to the standards. All changes are in bold.
|
Id |
Title |
Level |
Credit |
|
1856 |
Operate accounting information systems and contribute to the design of accounting information systems Develop and manage financial accounting information systems |
6 |
5 |
|
1858 |
Define, determine, measure, allocate, and control costs Define, and identify costs, and apply cost information to decision making |
6 |
10 |
|
1870 |
Use foreign exchange markets, international capital markets, and finance systems Demonstrate the ability to use foreign exchange markets, and international capital market systems |
6 |
6 |
|
1872 |
Determine tax liabilities and prepare basic income tax returns for New Zealand resident individuals, partnerships, and small companies Determine tax position, and prepare tax returns for individuals, partnerships, and small companies |
6 |
14 |
|
Id |
Title |
Level |
Credit |
|
6403 |
Produce preliminary assessments of small business enterprise opportunities Produce self-assessments of suitability for managing small business enterprise opportunities |
3 |
4 |
|
6409 |
Establish costs, prices, and conditions for provision of products and services for a small business enterprise Establish costs, prices, and conditions for providing products and/or services for a small business |
5 |
5 |