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: 

Manage Expenditure against a budget 
SAQA US ID UNIT STANDARD TITLE
242810  Manage Expenditure against a budget 
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
Reregistered  2015-07-01  2018-06-30  SAQA 10105/14 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2019-06-30   2022-06-30  

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 replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
13941  Apply the budget function in a business unit  Level 4  NQF Level 04  Complete 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard specifies the knowledge and skills required to manage a budget within the organisation. This Unit Standard is intended for junior managers of organisations.

The qualifying learner is capable of:
  • Explaining the concept of budgeting pertinent to an area of responsibility.
  • Determining the elements of a budget relevant to an area of responsibility.
  • Monitoring and controlling actual expenses (and revenue), against projected budget. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners should be competent in Communication and Mathematical Literacy at NQF Level 3. 

    UNIT STANDARD RANGE 
  • 'Revenue' includes, but is not limited to income from sales, services and fund-raising.
  • 'Expenditure' includes, but is not limited to, expenses, operating expenses, production costs, inventory, consumables and materials.
  • 'Budget' means either the complete budget, or part-budget for which the learner is responsible.
  • 'Area of responsibility' includes, but is not limited to, cost centre, section, department or team.
  • 'Junior managers' include, but are not limited to, team leaders, supervisors, foremen and section heads.
  • 'Standard Operating Procedures' (SOPs) may comprise formal written documents or accepted practices in the organisation.
  • 'Organisation' includes but is not limited to, workplace, work context, work unit, company, department or section. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Explain the concept of budgeting pertinent to an area of responsibility. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The concept of a budget is explained with reference to expenditure in an area of responsibility. 

    ASSESSMENT CRITERION 2 
    The budgeting technique employed is explained by means of worked examples. 
    ASSESSMENT CRITERION RANGE 
    Budgeting techniques may include, but are not limited to, forecasting based on historic data, and zero-based budgeting.
     

    SPECIFIC OUTCOME 2 
    Determine the elements of a budget in an area of responsibility. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The elements of the budget are identified for the resources required to meet the objectives. 

    ASSESSMENT CRITERION 2 
    Internal and external constraints on a budget are identified in terms of an own organisational context. 

    SPECIFIC OUTCOME 3 
    Monitor and control actual expenses against budget. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Actual expenses are monitored according to Standard Operating Procedures. 

    ASSESSMENT CRITERION 2 
    Variances are identified and corrective measures are proposed and/or taken according to Standard Operating Procedures. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • This Unit Standard will be assessed by an assessor and moderated by a moderator registered with the relevant accredited ETQA.
  • Assessors should be in possession of a relevant qualification that is at least one level higher than the level of this unit standard.
  • Training providers must be accredited by a relevant ETQA.
  • Assessment should include both formative and summative assessment. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

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

    UNIT STANDARD CCFO COLLECTING 
    Learners are able to identify variances between actual expenditure and the budget. 

    UNIT STANDARD CCFO COMMUNICATING 
    Learners are able to communicate effectively in identifying substantiating the internal and external contents of a budget. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Learners are able to demonstrate an understanding of the world as a set of related systems when monitoring and controlling the actual expenses of a budget. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    This unit standard replaces unit standard 13941, " Apply the budget function in a business unit ", Level 4, 5 credits. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  58204   Further Education and Training Certificate: Cable Jointing and Termination  Level 4  NQF Level 04  Reregistered  2018-06-30  EWSETA 
    Core  71469   Further Education and Training Certificate: Equine Practices  Level 4  NQF Level 04  Reregistered  2018-06-30  CATHSSETA 
    Core  66349   Further Education and Training Certificate: General Forestry  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2015-06-30  FPMSETA 
    Core  57712   Further Education and Training Certificate: Generic Management  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Core  73189   Further Education and Training Certificate: Golfing and Golf Coaching  Level 4  NQF Level 04  Reregistered  2018-06-30  CATHSSETA 
    Core  66289   Further Education and Training Certificate: Lumber Milling  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2016-12-31  FPMSETA 
    Core  64889   Further Education and Training Certificate: Mineral Processing  Level 4  NQF Level 04  Reregistered  2018-06-30  MQA 
    Core  67697   Further Education and Training Certificate: Sport Administration  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Core  65529   Further Education and Training Certificate: Transport Operations  Level 4  NQF Level 04  Reregistered  2018-06-30  TETA 
    Core  61709   Further Education and Training Certificate: Water and Wastewater Treatment Process Control Supervision  Level 4  NQF Level 04  Reregistered  2018-06-30  EWSETA 
    Core  90655   National Certificate: Small Scale Mining  Not Applicable  NQF Level 03  Reregistered  2018-06-30  MQA 
    Elective  67465   National Certificate: Business Administration Services  Level 3  NQF Level 03  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  62869   National Certificate: Rockbreaking: Surface Excavations  Level 3  NQF Level 03  Reregistered  2018-06-30  MQA 
    Elective  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 
    Elective  67509   Further Education and Training Certificate: Community Development  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  67461   Further Education and Training Certificate: Event Support  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  63669   Further Education and Training Certificate: Fitness  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  65589   Further Education and Training Certificate: High Speed Inter-City Commuter Railway Operations  Level 4  NQF Level 04  Reregistered  2018-06-30  TETA 
    Elective  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 
    Elective  58800   Further Education and Training Certificate: Project Support Services  Level 4  NQF Level 04  Reregistered  2018-06-30  SERVICES 
    Elective  61670   Further Education and Training Certificate: Railway Construction and Maintenance  Level 4  NQF Level 04  Reregistered  2018-06-30  TETA 
    Elective  66809   Further Education and Training Certificate: Sport Technical Officiating  Level 4  NQF Level 04  Reregistered  2018-06-30  CATHSSETA 
    Elective  61609   Further Education and Training Certificate: Volunteer Support  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  66613   Further Education and Training Certificate: Wealth Management  Level 4  NQF Level 04  Reregistered  2018-06-30  As per Learning Programmes recorded against this Qual 
    Elective  57714   National Certificate: Marine Pilotage  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered" 
    2015-06-30  TETA 


    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. ADVTECH RESOURCING (PTY) LTD 
    2. AFRICA COMPETENCY DEVELOPMENT (PTY)LTD 
    3. African Resources & Financial Training (Pty) Ltd 
    4. ALCARI 233 CC T/A ALCARI (Eversdal)(TP) 
    5. All Access Holdings 
    6. Asiphokuhle Training and Research Institute 
    7. BALOMAT SKILLS TRAINING ACADEMY 
    8. BANTUBANYE INVESTMENTS 
    9. BHUKULANI UMUSA TRADING AND PROJECTS 
    10. BULL'S BUSINESS AND SKILLS TRAINING INSTITUTE 
    11. Career Pathing Solutions (Pty) Ltd (KRUGERSDORP) (TP) 
    12. Central Institute of Professional Studies and Services 
    13. College for Machine Operators 
    14. College of Production Technology 
    15. Compass Academy of Learning 
    16. CREATIVE FOUNDATION TRAINING 
    17. Damelin (Pty) Ltd 
    18. De Vries Management & Training Services cc 
    19. Faisit (Pty) Ltd 
    20. GLERE SKILLS CONSULTANT 
    21. HEIRS DEVELOPERS AND CONSULTANTS 
    22. INFINITE DIMENSION CONSULTING 
    23. Intec College 
    24. InvestmentWise 
    25. IQHINA CONSULTING ENGINEERING AND PROJECTS MANAGERS 
    26. ITO Focus Reagile 
    27. Izwelethu Black Diamond 
    28. Jobafrik Consulting 
    29. Kgolo Institute 
    30. Kgotla Trading Enterprise 
    31. KOKANO PROJECTS PTY LTD 
    32. KWAZULU NATAL EXPERIMENTAL COLLEGE 
    33. Legal Environment Safety & Health Requirements cc 
    34. Leon Liedeman and Associates 
    35. LERONSA TRADING ENTERPRISE 
    36. Letlhokoa Management Services CC 
    37. Longata Consultant 
    38. LVK Management Services 
    39. Madiba Bay Accountancy Training CC 
    40. MAKO INSTITUTE 
    41. MAREMATLOU TRADING CC 
    42. Masifunde Training Centre (Pty) Ltd 
    43. Matiisetso Training and Consulting 
    44. METHEHO LEADERSHIP ACADEMY PTY LTD 
    45. Mod-Mosh Projects and Consulting (PTY) LTD 
    46. Moseki Consulting Engineering Training & Development (PTY) LTD 
    47. MOVING AHEAD DEVELOPMENT AGENCY 
    48. MPACT 
    49. MSC Education Holdings Pty Ltd t/a MSC College 
    50. NEW HOPE REVIVAL ORGANISATION 
    51. Nhlahle Development Agency 
    52. NOFESA cc 
    53. Ntsangalala Business Enterprise 
    54. Old Mutual Life Assurance Company South Africa 
    55. OPTIMUM LEARNING TECHNOLOGIES (PTY) LTD 
    56. Organisation Development International (Pty) Ltd (CENTURION) (TP) 
    57. OUR RAINBOW CHILDREN MULTIPURPOSE INSTITUTE 
    58. Paradise Skills Development 
    59. PERSEVCON CONSTRUCTION PTY LTD 
    60. PHAKGAMANG MATSIANA BUSINESS ENTERPRISE 
    61. Primeserv Corporate Solutions (Pty) Ltd 
    62. PRIMESERV CORPORATE SOLUTIONS (PTY) LTD T/A PRIMESERV HR SOLUTIONS 
    63. Procurement & Supply Management College cc (ROBERTSHAM) (TP) 
    64. PROFESSIONAL DEVELOPMENT AND TRAINING INSTITUTE (PTY) LTD 
    65. Qabuka-Vuka Development Trading 
    66. REGEN TECHNICAL INSTITUTE 
    67. RJM Educational Consulting PTY LTD 
    68. RSC The Knowledge Network (Pty) Ltd 
    69. Sanlam Life Insurance Ltd 
    70. Sanlam Life Insurance Ltd. 
    71. Senelo Trading CC 
    72. SOUTHERN AFRICAN YOUTH MOVEMENT 
    73. Spilamart cc T/A 1st Safety & Training (SABIE) (TP) 
    74. SSD Consultants 
    75. Summat Training Institute 
    76. SWARANANG MANAGEMENT CONSULTING CC 
    77. Thuto Ya Setshaba Training Services (Pty) Ltd 
    78. Tlhalefang Holdings 
    79. Tsebong Training Centre 
    80. Umgungundlovu FET College - Plessislaer Campus 
    81. Vhutshilo Health And Training Organisation 
    82. Vicmat Consultants 
    83. VPK BUSINESS VENTURE C.C 
    84. Woolworths Pty Ltd 
    85. YN2 TRADING AND PROJECTS 



    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.