Field          Business

 

Revision and rollover of Business unit standards

 

Subfield

Domain

ID

Accounting

Accounting - Middle Level

11609-11611, 11615, 11618, 11620, 11622, 11624, 25939-25941

Business Environment

Business Law

2963, 11631, 11633, 11635-11637, 11638, 11639

Business Operations and Development

Business Studies

22847, 22854, 25424

Project Management

25212-25219, 25221-25231, 27389

 

NZQA National Qualifications Services has completed the revision and rollover of the unit standards listed above.  The standards in bold have been rolled over only.

 

Date new versions published                                                          October 2014

 

Planned review date                                                                           December 2018

 

Summary

 

These unit standards have been revised and rolled over to maintain their currency.  The Business unit standards will be reviewed comprehensively following the listing of the Business qualifications developed by the mandatory review.  This standard review is expected to be completed by December 2018.

 

Main changes

 

·      Income tax legislation quoted in unit standard 11637 has been updated.

·      Legislation in unit standards 11633 and 11638 has been corrected.

·      In unit standards 25212-25219 and 25221-25231, an explanatory note referring to replaced Australian units of competency has been removed.

·      Definitions have been removed in unit standard 27389.

·      Minor edits have been made to explanatory notes.

 

Detailed list of unit standards – classification, title, level, and credits

 

Business > Accounting > Accounting - Middle Level

ID

Title

Level

Credit

11609

Perform the accounting functions for cash transactions

4

2

11610

Perform the accounting functions for accounts receivable

4

4

11611

Perform the accounting functions for accounts payable

4

4

11615

Perform the accounting processes for GST

4

2

11618

Perform the accounting functions for inventory

4

2

11620

Prepare and review a profit and loss budget

4

2

11622

Demonstrate knowledge of the nature of accounting and prepare financial statements for an entity

4

10

11624

Demonstrate and apply knowledge of financial analysis

5

10

25939

Demonstrate and apply knowledge of an accounting system

4

10

25940

Demonstrate and apply knowledge of management accounting concepts

5

12

25941

Demonstrate and apply knowledge of the budgeting process for an organisation

5

8

 

Business > Business Environment > Business Law

ID

Title

Level

Credit

2963

Demonstrate knowledge of New Zealand and international laws of trade

4

5

11631

Demonstrate knowledge of the legal system in New Zealand

4

4

11633

Apply the law of contract to a given fact situation

5

10

11635

Apply the law of agency to a given fact situation

5

4

11636

Apply the tort of negligence to a given fact situation

5

3

11637

Demonstrate knowledge of business entities

4

2

11638

Demonstrate knowledge of the law of property in New Zealand

5

3

11639

Apply consumer legislation to a given fact situation

5

4

 

Business > Business Operations and Development > Business Studies

ID

Title

Level

Credit

22847

Demonstrate knowledge of enterprising behaviour, innovation, and entrepreneurship in business contexts

1

2

22854

Apply innovative thinking techniques within a business context

2

2

25424

Demonstrate knowledge of factors that impact on businesses

3

4

 

Business > Business Operations and Development > Project Management

ID

Title

Level

Credit

25212

Apply scope controls to a project

4

5

25213

Apply time management techniques to a project

4

5

25214

Apply cost management techniques to a project

4

5

25215

Apply quality management techniques to a project

4

5

25216

Apply human resource management approaches to a project

4

5

25217

Apply risk management techniques to a project

4

5

25218

Apply contract and procurement techniques to a project

4

5

25219

Manage projects

4

16

25221

Manage application of project integrative processes

5

8

25222

Manage project scope

5

6

25223

Manage project time

5

6

25224

Manage project costs

5

6

25225

Manage project quality

5

7

25226

Manage project human resources

5

7

25227

Manage project communications

5

7

25228

Manage project risk

5

8

25229

Manage project procurement

5

5

25230

Direct the scope of multiple projects in a programme

6

5

25231

Direct communications management of multiple projects in a programme

6

4

27389

Apply benefits realisation to projects

5

8