National Certificate: Micro Finance Level $4$

NQF Level $4-144$ credits

$($SAQA ID: $23433)$

SGB Banking and Micro Finance

Unit Standard $13414$

Online Summative Assessment

PRACTICAL WORKPLACE ASSIGNMENT

$13414$ SO$1($AC$1),($AC$2),($AC$3),($AC$4)$

$1\mathrm{.}1$ COLLECT the information needed to prepare financial statements of your

organisation:

$1\mathrm{.}1\mathrm{.}1$ DRAW up a checklist of all the information you will required to

prepare financial statements according to generally accepted

accounting principles

$1\mathrm{.}1\mathrm{.}2$ IDENTIFY where you will get the required information identified

in the checklist

$1\mathrm{.}1\mathrm{.}3$ COLLECT all the required information as per the checklist.

IDENTIFY gaps between the information required and

information acquired and collect all the additional information

$13414$ SO$2($AC$1),($AC$2),($AC$3),($AC$4)$

$1\mathrm{.}2$ Based on all the information collected in $1\mathrm{.}1$ above:

$1\mathrm{.}2\mathrm{.}1$ COMPILE an income and expenditure statement for your Micro$-$

Enterprise organisation, according to generally accepted accounting

principles.

$1\mathrm{.}2\mathrm{.}2$ PRODUCE a balance sheet for your Micro$-$Enterprise organisation

according to generally accepted accounting principles.

$1\mathrm{.}2\mathrm{.}3$ DRAW UP a cash flow statement for your Micro$-$Enterprise

organisation according to generally accepted accounting principles.