Municipal Financial Management
The National Certificate: Municipal Financial Management enables qualifying learners to apply strategic level financial management competencies to ensure effective, efficient and economical utilisation of public funds and resources at local government level. Learners will develop competencies to manage strategic planning and budgeting processes, financial management processes and internal control, auditing and reporting processes. Business and commerce will benefit through this qualification as it will assure commonality of practice between public and private sector financial management practices.
- Demonstrate knowledge and critical understanding of municipal finance issues in general, and their areas of focus.
- Apply economic principles to municipal finance management.
- Assess foundations and principles of municipal practice in South Africa.
- Implement well-grounded and systematically developed principles in municipal financial management.
- Proffer solutions to municipal service management and delivery problems.
- Engage with the broader field of municipal finance management.
- Support as a strategic management leader in the field of municipal finance management.
- Contribute to others’ understanding of current and emerging municipal finance issues.
- Demonstrate responsibility and adaptability as a professional in a municipality setting.
Module 1 Communication Skills
Module 2 Language Proficiency
Module 3 Mathematical Literacy
Module 4 Principles of Leadership
Module 5 Leadership and strategic planning
Module 6 Ethical Standards in a Leadership Role
Module 7 Leadership and Emotional Intelligence
LEARNING ASSUMED TO BE IN PLACE:
- Communication at NQF Level 4 or equivalent
- Mathematical Literacy at NQF Level 4 or equivalent
- Economics at NQF Level 4
- Accounting at NQF Level 4
Formative assessment: Portfolio of evidence will be submitted within two months after the training of each module. Assessment activities include evaluating all documentation produced during the process and questioning to test knowledge and ability to apply.
Final summative assessment: An Integrated Assessment will be conducted on the theoretical and practical components after all the modules are completed. During integrated assessments the assessor makes use of formative and summative assessment methods and assess combinations of practical, applied, foundational and reflective competencies.
Assessors and moderators make use of a range of formative and summative assessment methods. Assessors assess and give credit for the evidence of learning that has already been acquired through formal, informal and non-formal learning and work experience.
A LG SETA Certificate: Municipal Financial Management (NQF 6) will be awarded to all delegates who successfully complete all portfolio requirements;
A LG SETA Statement of Results will be awarded to all delegates who successfully complete some, but not all, of the modules’ portfolio requirements. The Statement of Results will only reflect the modules successfully completed.