Professional bodies allows training offices to provide trainees exposure to certain residual competencies through simulations. Simulation of experience is an acceptable method of providing trainees with the opportunity to become competent in instances where practical exposure is not readily available in the training office. *** VERY IMPORTANT NOTE: For planning simulations throughout the year *** 1) When you book for a simulation, then you have 6 weeks from the date of access to the course (purchase date), to complete the course and upload your PoE file onto MySkillsPortal. 2) After the first 6 weeks have passed, the Assessor has 6 further weeks to assess, moderate and complete the assessment report with feedback to yourself and your training officer. 3) For all simulations booked up to and including end October, we will provide feedback on those assessments latest mid December (it might vary depending on when you booked) - that is, if you apply the 6 week submission and 6 week assessment rule [all the rules have been clearly communicated within your course content] 4) For all simulations booked after end October, these assessments will only be made available up to and by February the next year. 5) We can unfortunately not take responsibility for simulations booked very late into the contractual period as the training plan and the way simulations, learning and development are planned, remains the ultimate responsibility of the Training Officer together with the trainee. It would be unfair to cast the later-than-planned (urgent) simulations as a responsibility onto ProBeta Training - especially during the November / December / January period when most training contracts need to be signed off. 6) Urgent PoE assessments: For those trainees who's contracts are due for sign-off between November and December, we do allow a LIMITED NUMBER of fast-track assessments. As communicated per your course instructions, this will however come at an additional fee of R300.00 excl VAT per assessment, to cover administration related time and attendance, urgent and unplanned availability and time and attendance of assessors. We will as far as humanly possible try and accommodate these requests. Please also note that when you submit your PoE file, a level 4 sign-off or 'competent' sign-off is NOT GUARANTEED. We follow the SAICA and SAIPA assessment criteria very strictly to ensure full compliance on our side and also on the Training Office's side. If you have any questions / concerns, please discuss with your Training Officer and contact me to discuss further: lberger@probetatraining.co.za *** All of the above has been clearly communicated on course enrolment *** According to the SAICA Training Regulations, trainees must gain a BASIC understanding of the concepts and techniques, and must be able to apply these concepts and techniques in simple, uncomplicated situations or environments. The course focus on capital budgeting techniques - in order to aid management in the making of finance and investment decisions. The following competencies will be assessed for SAICA trainees: FM(R) 1: Evaluates the entity's financial situation FM(R) 4: Evaluates capital investment decisions The following competencies are assessed for SAIPA trainees: MAC 2A: Application of capital budgeting principles and techniques to make long-term investment decisions MAC 2B: Application of financing principles and techniques to make financing decisions

The required skills for this module will be practiced through simulated case studies and group discussions. Each competency will be evaluated through a combination of online assessments as well as a integrated post course evaluation. The post course evaluation is a practical exercise reflecting real work scenarios - providing delegates the opportunity to demonstrate their ability to perform the task at hand. The course focus on Capital budgeting techniques which is applied to aid management in making finance and investment decisions. 1. Analysing the entity’s financial situation - Ratio analysis - Trend analysis - Comparison - Industry averages 2. Appraising capital investment decisions - Net present value - Payback period - Internal Rate of Return

SAICA CA Trainees and SAIPA Logbook Trainees