BBBEE Management development programme at NQF level 7

NQF Level 7 Credits: 60 1. Module Title B-BBEE Legislative & Strategic Framework   Module Objective To provide an in-depth understanding of the theory of transformation, the role of organisational change in South Africa, Employment Equity and Skill Development policies; as well as the B-BBEE policies and how these impact on each other. Students can see B-BBEE as a positive development; comprehend the objectives of the B-BBEE policies; explain General Principles and the Generic Scorecard; understand Scorecards for Specialised Enterprises and the Framework for the Qualifying Small Enterprises. 2. Module Title Basic Finance and principles of accounting   Module Objective The module introduces students to accounting concepts, principles, definitions and the calculation of figures needed to analyse and understand the information in a company’s annual report relevant to the B-BBEE verification process. Topics that are covered include: Accounting process– information flow from a transaction through to the financial statements Shareholding – ownership structures and the different types and nature of instruments Procurement – accounting process and systems Remuneration – total payroll Net profit after tax (NPAT) Financial statements Understanding these underlying accounting principles, systems, processes and calculations will enable students to understand the information provided in a set of financial statements to be used for B-BBEE status verification. 3. Module Title Enterprise and Socio-Economic Development and Affirmative Procurement   Module Objective This module forms part of the BBBEE Management Development Programme. The module aims to provide learners with competencies to interpret and analyse South African Government Preferential Procurement Regulations (2009) and how they fit into the requirements of the Broad-Based Black Economic Empowerment Act (2003). Furthermore, it provides learners with competencies to understand and how to deal with socio-economic and enterprise development initiatives and how to measure contributions from each element. Module Outcomes: Students will be able to describe the principles of Broad-Based Black Economic Empowerment in South Africa and the challenges faced by implementing organisations. Students will have a sound understanding of a classic procurement life cycle: procurement planning; solicitation planning; solicitation; source (contractor/supplier) selection; contract negotiation and approval; contract administration; and contract closeout; procurement management principles - linking theory with practice. Students will understand the principles behind the Preferrential Procuremenmt Policy (2000); Codes of Good Practice and how to implement (its) their requirements: preference point systems and regulations; BEE rating of bidders; understanding of threshold value; and application of regulations across all public sector organisations. Students will understand the fundamental requirements of applying Preferential Procurement Policy (2000); and Codes of Good Practice within a typical procurement of goods and services life cycle process. Students will understand the fundamental requirements of Enterprise and Socio-Economic Development; and key measurement concepts of each element. 4. Module Title Management Control, Employment Equity and Skills Development   Module Objective The purpose of this module is to provide students with an understanding of the general principles of management control as outlined in the B-BBEE Codes of Good Practice. Students who go through this module will understand the verification methodologies for verifying of Employment Equity, Management Control and Skills Development. Students will also learn the concepts of employment equity, diversity management, and other strategies in the human resources development strategy relevant to B-BBEE. 5. Module Title B-BBEE Ownership and Best Practices   Module Objective The module aims to provide learners with competencies to measure effective ownership of entities by black people. The module looks at the ownership element as a driver of share transactions. The module covers the measurement of ownership according to the Codes; the different forms of ownership; the practical application of ownership and ownership for multinationals.   Module Outcomes By the end of the module students will be able to: Measure ownership for Qualifying Small Enterprises Understand the ownership measurement principles, such as the flow-through principles, the modified flow through principle and the exclusion principle among others Evaluate an entity on the different components of the Ownership Scorecard (voting rights, economic interest, realisation points and bonus points Assess direct and indirect ownership by Black participants in a measured entity Apply the ownership principles to develop a strategic business tool for an entity Understand a method by which a measured entity can be credited with ownership points where it sell an asset, a business or equity instrument in an enterprise to an Associated Enterprise Understand how multinationals qualify for equity equivalents

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