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PRESENTATION ON THE NQF BILL TO THE PORTFOLIO COMMITTEE ON EDUCATION

PRESENTATION ON THE NQF BILL TO THE PORTFOLIO COMMITTEE ON EDUCATION. The South African Institute of Chartered Accountants 30 JULY 2008. SAICA is the pre-eminent accountancy body in South Africa. The CA(SA) designation is achieved through a rigorous academic, training and assessment process.

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PRESENTATION ON THE NQF BILL TO THE PORTFOLIO COMMITTEE ON EDUCATION

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  1. PRESENTATION ON THE NQF BILL TO THE PORTFOLIO COMMITTEE ON EDUCATION The South African Institute of Chartered Accountants 30 JULY 2008

  2. SAICA is the pre-eminent accountancy body in South Africa

  3. The CA(SA) designation is achieved through a rigorous academic, training and assessment process • BCom • Certificate in the Theory of Accountancy (honours equivalent) • 2 exams • 1st exam set by SAICA • 2nd exam set by SAICA or IRBA • Minimum of 3 years • Ongoing formative and summative assessment

  4. We commend the drafters of the Bill on the following …

  5. We have three main areas of concern …

  6. The registration of designations on the NQF may limit the role of professional bodies in protecting the public interest Many other international frameworks do not require the registration of designations

  7. The proposed QCs may lead to a fragmented approach to the quality assurance of education and workplace-based learning

  8. The proposed transitional arrangements conflict with the provisions of the draft amended Skills Development Act

  9. Recommendations OR

  10. SAICA subscribes to the spirit and intent of the NQF SAICA remains committed to participating in national, legislative structures to enhance the quality of education and training and to redress past unfair discrimination in education and training and will continue to engage constructively with these structures

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