payable and TX(R)3.2 Identifies when indirect taxes, for example VAT or prepares or customs duty, are applicable and calculates or evaluates evaluates the indirect tax payable appropriate TX(R)3.3 Prepares or evaluates indirect tax returns returns TX(R)3.4 Prepares or evaluates employees tax (PAYE, SDL and UIF) returns MANAGEMENT DECISION-MAKING AND CONTROL (RESIDUAL) Mode through which exposure will Expected levels of competence be gained (i.e. at the end of each year of the Detailed examples of activities to be on-the-job training contract Competency to be performed by trainees to demonstrate experience/ achieved Tasks to be performed Yr1 Yr2 Yr3 Yr4 Yr5 competence in this task simulation) MD(R)1 Identifies and MD(R)1.1 Identifies financial and non-financial performance evaluates an indicators that are key to the entity/business unit/audit engagement, including any industry-specific benchmarks unit’s key MD(R)1.2 Evaluates performance measurement methods for key performance performance indicators indicators MD(R)2 Prepares MD(R)2.1 Prepares a budget for an entity/business unit/audit budgets and engagement, with clearly documented assumptions
payable and prepares or evaluates appropriate returns TX(R)3.2 Identifies when indirect taxes, for example VAT or customs duty, are applicable and calculates or evaluates the indirect tax payable TX(R)3.3 Prepares or evaluates indirect tax returns TX(R)3.4 Prepares or evaluates employees tax (PAYE, SDL and UIF) returns MANAGEMENT DECISION-MAKING AND CONTROL (RESIDUAL) Competency to be achieved Tasks to be performed Expected levels of competence at the end of each year of the training contract Detailed examples of activities to be performed by trainees to demonstrate competence in this task Mode through which exposure will be gained (i.e. on-the-job experience/ simulation) Yr1 Yr2 Yr3 Yr4 Yr5 MD(R)1 Identifies and evaluates an unit’s key performance indicators MD(R)1.1 Identifies financial and non-financial performance indicators that are key to the entity/business unit/audit engagement, including any industry-specific benchmarks MD(R)1.2 Evaluates performance measurement methods for key performance indicators MD(R)2 Prepares budgets and MD(R)2.1 Prepares a budget for an entity/business unit/audit engagement, with clearly documented assumptions