SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Apply the budget function in a business unit 
SAQA US ID UNIT STANDARD TITLE
13941  Apply the budget function in a business unit 
ORIGINATOR
SGB Generic Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular-Fundamental  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 
2006-03-14  2006-11-16  SAQA 0160/05 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2007-11-16   2010-11-16  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
242810  Manage Expenditure against a budget  Level 4  NQF Level 04  Complete 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for managers of small businesses and junior managers of business units in larger organisations. The term business unit in this unit standard implies a small business, cost center, section or department.

Junior managers include, but are not limited to team leaders, supervisors, first line managers and section heads. The position is term is used to describe the first level of management in an organisation at which an employee has other employees reporting to him/her.

The qualifying learner is capable of:
  • Explaining the concept of budgeting in a business unit.
  • Analysing the budget needs of a business unit.
  • Presenting and justifying a proposed budget for a business unit.
  • Monitoring and controlling actual expenses and revenue against projected expenses and revenue. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    There is open access to this unit standard. Learners should be competent in Communication and Mathematical Literacy at NQF Level 3. 

    UNIT STANDARD RANGE 
  • For the purpose of this unit standard the term business unit is used to mean a cost center, department or small business.
  • Expenditure includes, but is not limited to payments, commissions payable, claims, management expenses and remuneration. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Explain the concept of budgeting in a business unit. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The concept of a budget is explained with reference to income and expenditure in relation to a specific business unit. 

    ASSESSMENT CRITERION 2 
    2. The items that make up gross revenue are identified for a specific business unit. 

    ASSESSMENT CRITERION 3 
    3. The items that make up expenditure in a business unit budget are listed with reference to cost of sales and cash outflows. 

    ASSESSMENT CRITERION 4 
    4. The budgeting technique appropriate to the type of budget is explained with reference to the purpose of the budget. 

    ASSESSMENT CRITERION 5 
    5. The relationship between the selected budgeting technique and the organisation's budgeting requirements is explained for a specific organisation. 

    SPECIFIC OUTCOME 2 
    Analyse the budget needs of a business unit. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The budget needs are identified against the business plan of the business unit. 

    ASSESSMENT CRITERION 2 
    2. The implications of the identified budgeting needs of a business unit are explained with reference to management expenses and economic viability. 

    ASSESSMENT CRITERION 3 
    3. Past budgets of a business unit are analysed to forecast budget needs. 

    ASSESSMENT CRITERION 4 
    4. The concept of a zero based budget is applied in order to prepare a budget proposal. 

    ASSESSMENT CRITERION 5 
    5. A budget breakdown is prepared for a business unit with reference to planned activities and estimated costs. 

    ASSESSMENT CRITERION 6 
    6. The estimated costs of a budget breakdown are substantiated and an indication is given of how the required figure was calculated. 

    ASSESSMENT CRITERION 7 
    7. Project timeframes for income and expenditure are estimated for a specific business unit activity. 

    ASSESSMENT CRITERION 8 
    8. Internal and external constraints on a budget are identified with reference to planned activities, available resources, market size and unpredictable changes. 

    SPECIFIC OUTCOME 3 
    Present and justify a proposed budget for a business unit. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Proposed activities are presented and substantiated in terms of cost benefit returns. 

    ASSESSMENT CRITERION 2 
    2. The budgeted amounts for the proposed activities are justified in terms of research, rational projections and previous experience. 

    SPECIFIC OUTCOME 4 
    Monitor and control actual expenses and revenue against projected expenses and revenue. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. An existing system is used to ensure budget items are recorded correctly. 

    ASSESSMENT CRITERION 2 
    2. A variance report is analysed and corrective measures are proposed to address the situation. 

    ASSESSMENT CRITERION 3 
    3. Feedback on the budgetary situation of a business unit is provided with reference to variance, actions taken to correct any variance and notable trends. 

    ASSESSMENT CRITERION 4 
    5. Past experience relating to income and costs is used to project future activities and make changes to a current budget. 

    ASSESSMENT CRITERION 5 
    4. Control systems are proposed to monitor and control revenue and expenses. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Assessment of this Unit Standard should be contextual and practical.
  • Assessors must be registered as assessors with the Services ETQA or an ETQA that represents the sectors in which the learner is employed.
  • Moderators must be registered as assessors with the Services ETQA, or with an ETQA that has a Memorandum of Understanding with the Services ETQA.
  • The mechanisms and requirements for moderation should be applied in accordance with the requirements of the relevant ETQA.
  • Assessment should include both formative and summative assessment.
  • Training providers must be accredited by the Services ETQA or with an ETQA that has a Memorandum of Understanding with the Services ETQA. 


  • Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO ORGANISING 
    Learners are able to make decisions in determining the budget needs of a business unit and in monitoring and controlling revenue and expenses. 

    UNIT STANDARD CCFO COLLECTING 
    Learners are able to collect, organise and evaluate information in order to forecast budget needs and prepare a budget for a business unit. 

    UNIT STANDARD CCFO COMMUNICATING 
    Learners are able to communicate effectively in presenting and justifying a proposed budget for a business unit. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Learners are able to demonstrate an understanding of the world as a set of related systems when aligning a business unit`s budget needs and budget technique to an organisation`s budget. 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 242810, which is " Manage Expenditure against a budget ", Level 4, 6 credits. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  20175   National Certificate: Hygiene and Cleaning Supervision  Level 3  NQF Level 03  Reregistered  2018-06-30  SERVICES 
    Core  61595   Further Education and Training Certificate: Business Administration Services  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Core  50309   Further Education and Training Certificate: Environmental Practice  Level 4  NQF Level 04  Reregistered  2018-06-30  LG SETA 
    Core  48664   Further Education and Training Certificate: Mail Supervision  Level 4  NQF Level 04  Reregistered  2018-06-30  SERVICES 
    Core  65110   Further Education and Training Certificate: Management  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2009-03-14  As per Learning Programmes recorded against this Qual 
    Core  57898   Further Education and Training Certificate: Printing and Manufacture of Packaging  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2015-06-30  FPMSETA 
    Core  49155   Further Education and Training Certificate: Shipping  Level 4  NQF Level 04  Reregistered  2018-06-30  TETA 
    Core  49197   Further Education and Training Certificate: Social Housing Supervision  Level 4  NQF Level 04  Reregistered  2018-06-30  PSETA 
    Core  48906   Further Education and Training Certificate: Supervision of Wastewater Reticulation Operations  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2008-02-19  Was EWSETA until Last Date for Achievement 
    Core  48640   National Certificate: Financial Services Management  Level 4  Level TBA: Pre-2009 was L4  Reregistered  2018-06-30  INSETA 
    Core  36436   National Certificate: Local Economic Development  Level 4  Level TBA: Pre-2009 was L4  Reregistered  2018-06-30  LG SETA 
    Core  50438   National Certificate: Immigration Services  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Registered" 
    2009-06-29  Was PSETA until Last Date for Achievement 
    Fundamental  49451   Further Education and Training Certificate: Plastics Manufacturing  Level 4  NQF Level 04  Reregistered  2018-06-30  MERSETA 
    Elective  57121   National Certificate: Rockbreaking: Quarrying  Level 3  NQF Level 03  Passed the End Date -
    Status was "Registered" 
    2008-09-17  Was MQA until Last Date for Achievement 
    Elective  57692   Further Education and Training Certificate: Carbonate Materials Manufacturing Processes  Level 4  NQF Level 04  Reregistered  2018-06-30  MQA 
    Elective  49021   Further Education and Training Certificate: Debt Recovery  Level 4  NQF Level 04  Reregistered  2018-06-30  FASSET 
    Elective  50021   Further Education and Training Certificate: Inspection and Assessment (Non-Metallics)  Level 4  NQF Level 04  Reregistered  2018-06-30  MERSETA 
    Elective  49649   Further Education and Training Certificate: Long-term Insurance  Level 4  NQF Level 04  Reregistered  2018-06-30  INSETA 
    Elective  66609   Further Education and Training Certificate: Retail Insurance  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  49489   Further Education and Training Certificate: Road Transport Management in the Public Sector  Level 4  NQF Level 04  Reregistered  2018-06-30  TETA 
    Elective  66610   Further Education and Training Certificate: Short Term Insurance  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  57613   Further Education and Training Certificate: Short-Term Risk Management  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2012-06-30  INSETA 
    Elective  57713   Further Education and Training Certificate: Specialist Security Practices  Level 4  NQF Level 04  Reregistered  2018-06-30  SAS SETA 
    Elective  48910   Further Education and Training Certificate: Water Purification Processes  Level 4  NQF Level 04  Reregistered  2018-06-30  EWSETA 
    Elective  79246   Further Education and Training Certificate: Wild Land Fire Fighting  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2015-06-30  FPMSETA 
    Elective  23976   National Certificate: Local Employment and Skills Development Practices  Level 4  NQF Level 04  Passed the End Date -
    Status was "Registered" 
    2006-08-13  PSETA 
    Elective  36153   National Certificate: Polymer Composite Fabrication  Level 4  Level TBA: Pre-2009 was L4  Reregistered  2018-06-30  MERSETA 
    Elective  49397   National Certificate: Wholesale and Retail Operations Supervision  Level 4  Level TBA: Pre-2009 was L4  Reregistered  2018-06-30  W&RSETA 
    Elective  49511   National Certificate: Lift Inspection  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2018-06-30  MERSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. ABEMS Training Institute (PTY) Ltd. 
    2. ADVTECH RESOURCING (PTY) LTD 
    3. Africa Corporate Training Institute and HR Consulting 
    4. Africa Institute For Public Administration 
    5. Alcari Learning Centre (Pty) Ltd 
    6. Amaqamu Project Management and Consulting 
    7. Anti-crime Force Training Academy 
    8. Asiphokuhle Training and Research Institute 
    9. BA AND DJ CLEANING AND SECURITY SERVICES 
    10. Beekman Super Canopies (STIKLAND) (TP) 
    11. Bikologix Projects 
    12. Boikgantsho Consulting & Events 
    13. Boston School Of Finance 
    14. Braune Training (Pty) Ltd 
    15. BRC SOLUTION CC 
    16. Business Management Training College of Southern Africa 
    17. CKP Development Agency cc 
    18. CORPORATE ASSESSMENTS SOLUTIONS (PTY) LTD T/A CORPORATE ASSESSMENT SOL 
    19. Damelin (Pty) Ltd 
    20. Dean Institute Of Learning (Pty) Ltd 
    21. Development Bank of Southern Africa (DBSA) 
    22. DEVELOPMENT INSTITUTE AND TRAINING ACADEMY OF SOUTHERN AFRICA 
    23. Ditlou Solutions 
    24. DMP Training (PINETOWN) (TP) 
    25. EJW Financial Services (PTY) Ltd 
    26. Environmental Leadership Academy 
    27. ESKOM HOLDINGS LIMITED 
    28. ESKOM HOLDINGS LIMITED SECURITY RISK MANAGEMENT TRAINING CENTRE 
    29. Executive People Development Solutions(PTY) Ltd 
    30. Express Model 405 
    31. faisit (Pty) Ltd 
    32. FIREARM COMPETENCY ASSESSMENT AND TRAINING CENTRE PORT SHEPSTONE 
    33. FIRST PROFESSIONAL CARE SA 
    34. FirstRand STI Administration (Pty) Ltd 
    35. Globalwise Training & Consulting (PTY) Ltd. 
    36. Heavenly Button Trading CC 
    37. IHAWU FIREARM CENTRE CC 
    38. Ilitha Lelizwe Consulting 
    39. Institute for Local Government and Housing 
    40. Institute of Health and Social Care Studies 
    41. Institute of Professional Studies and Services (Pty) Ltd 
    42. Insurance Technical School 
    43. Intelligent Compliance & Education 
    44. Intelligo Solutions Pty (Ltd) 
    45. Intercept Consulting and Training Solutions 
    46. IQ Skills Academy (PTY) LTD. 
    47. ISIBONELO SECURITY SOLUTIONS 
    48. ITAGE SECURITY ACADEMY 
    49. Jobafrik Consulting 
    50. Josmap Training Institute 
    51. Jucamo Shelf 4 CC. 
    52. KENTANI SECURITY 
    53. Kgotla Trading Enterprise 
    54. Khula Nonke Training & Development 
    55. Kia Chuma 
    56. KLM EMPOWERED HUMAN SOLUTIONS SPECIALISTS (PTY)LTD 
    57. KZN Tourism Training Centre 
    58. LEAD TRAINING CONSULTANTS 
    59. Legal Environment Safety & Health Requirements cc 
    60. Lesias Educational Services 
    61. Letlhokoa Management Services CC 
    62. License to Skill 
    63. MAGIC LABOUR HIRE AND SECURITY SERVICES 
    64. Management College of Southern Africa (MANCOSA) 
    65. Masifunde Training Centre 
    66. Mathaveiya Skills Enhancement 
    67. Mbokazi & Mkhize 
    68. Mgwezane Training and Events Management CC. 
    69. Mimoisa Business Solutions CC 
    70. MJ Mafunisa Consulting (PTY) LTD 
    71. MML Consulting CC. 
    72. MTL TRAINING AND PROJECTS 
    73. MULELU BUSINESS ENTERPRISES 
    74. Mutual & Federal Ins Co Ltd 
    75. National Peace Accord Trust 
    76. NGT Training and Development Consultants 
    77. Nhlahle Development Agency 
    78. Nkinane Training Institute and Consulting (Pty) Ltd 
    79. Nouveau Consulting 
    80. O' Keeffe & Swartz Consultants (Pty) Ltd 
    81. Occupation-Defined Learning 
    82. Octomate 
    83. Omithombo Management Academy 
    84. PERSAS PROTECTION CC 
    85. PHRONESIS TRAINING ACADEMY GP 
    86. Plastics Federation of South Africa (MAITLAND) (TP) 
    87. Plastics Federation of South Africa (MIDRAND) (TP) 
    88. Plastics Federation of South Africa (WESTMEAD) (TP) 
    89. PMA Holdings (PTY ) LTD. 
    90. Polyoak Business School (Pty) Ltd (DIEP RIVER) (TP) 
    91. Pulakgadi Training Consulting CC 
    92. Reflections Development Institute 
    93. REGEN TECHNICAL INSTITUTE 
    94. Regent Business School (Pty) Ltd t/a Regent Business School 
    95. RICHTEK CAMPUS. UMFOLOZI COLLEGE 
    96. Ripple Effect 4 (Pty) Ltd 
    97. RJM Educational Consulting PTY LTD 
    98. Ronald Sewells & Associates S.A. (PTY) Ltd 
    99. SA Maritime School and Transport College 
    100. Seige Trading Solutions 
    101. SHALLYB TRADING CC 
    102. South African Institute of Learning (SAIL) 
    103. South African ABET Development Agency SAADA 
    104. SOUTH AFRICAN SCHOOL OF PARALEGAL STUDIES 
    105. Talent Emporium Academy (PTY) Ltd 
    106. Telesure Investment Holdings 
    107. THE CAPE SHOOTING ACADEMY WC 
    108. The Crimson CO CC. 
    109. Thubelihle Graduate Institute 
    110. Tlaletso Consultants 
    111. Tradesman Consulting and Training Solutions 
    112. TRIOTIC PROTECTION SERVICES CC 
    113. TTTC 
    114. Twin Peak Technologies 
    115. Umbuso Training Services 
    116. Vantage Training 
    117. Wildlife and Environment Society of South Africa 
    118. Wise Training Centre 
    119. Woolworths Pty Ltd 
    120. Workers Academy of Insurance 
    121. WORLD CLASS SECURITY 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.