NZQA registered unit standard
16655 version 4
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Title
Manage agribusiness capital
Level
5
Credits
6
Purpose
People credited with this unit standard are able to, for an
agribusiness: describe and plan capital requirements, and
describe options and select an option for capital distribution.
Classification
Agriculture > Agribusiness Management
Available grade
Achieved
Explanatory notes
Legislation applicable to this unit standard includes but is not limited to:
Goods and Services Tax Act 1985
Privacy Act 1993
Income Tax Act 1994
Financial Advisers Act 2008.
Outcomes and evidence requirements
Outcome 1
Describe and plan capital requirements for an agribusiness.
Evidence requirements
1.1
Capital currently invested in the agribusiness is identified, and described in
terms of fixed and/or current assets.
Range
1.2
may include but is not limited to – trading stock, capital stock, land,
buildings, plant and equipment, shares, cash, lessee interest,
goodwill, sharefarming, equity.
The capital requirements are determined for the establishment, development,
and operation of the agribusiness.
Range
capital requirements may include but are not limited to – working
capital, land, buildings, stock, plant, shares, off-farm investment,
owner’s equity.
Primary Industry Training Organisation
SSB Code 101558
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
1.3
The sources of capital are identified and described.
sources may include but are not limited to – personal, family,
commercial, trade and/or industry, central and/or local
government, international.
Range
1.4
16655 version 4
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The implications of capital use are described.
Range
security required, opportunity cost of equity, interest rates,
personal risk and liability.
Outcome 2
Describe options and select an option for capital distribution for an agribusiness.
Range
options may include but are not limited to – sole trader, partnership, private
company, public company, trust, establishing beneficiaries using a will.
Evidence requirements
2.1
Options for capital distribution are described in terms of taxation advantages,
financial exposure of individuals, and transfer of assets.
Range
evidence is required for at least three options.
2.2
Options for capital distribution are described in terms of their match with the
objectives of the agribusiness.
2.3
An option for capital distribution is selected and justified.
the option may include but is not limited to one of – sole trader
partnership, private company, public company, trust, establishing
beneficiaries using a will.
Range
Planned review date
31 December 2016
Status information and last date for assessment for superseded versions
Process
Version Date
Last Date for Assessment
Registration
1
28 June 1999
N/A
Revision
2
16 May 2003
N/A
Review
3
27 April 2005
N/A
Review
4
18 March 2011
N/A
Accreditation and Moderation Action Plan (AMAP) reference
0052
This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
Primary Industry Training Organisation
SSB Code 101558
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
16655 version 4
Page 3 of 3
Please note
Providers must be granted consent to assess against standards (accredited) by NZQA, or
an inter-institutional body with delegated authority for quality assurance, before they can
report credits from assessment against unit standards or deliver courses of study leading
to that assessment.
Industry Training Organisations must be granted consent to assess against standards by
NZQA before they can register credits from assessment against unit standards.
Providers and Industry Training Organisations, which have been granted consent and
which are assessing against unit standards must engage with the moderation system that
applies to those standards.
Consent requirements and an outline of the moderation system that applies to this
standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The
AMAP also includes useful information about special requirements for organisations
wishing to develop education and training programmes, such as minimum qualifications for
tutors and assessors, and special resource requirements.
Comments on this unit standard
Please contact the Primary Industry Training Organisation standards@primaryito.ac.nz if
you wish to suggest changes to the content of this unit standard.
Primary Industry Training Organisation
SSB Code 101558
 New Zealand Qualifications Authority 2016