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  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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  2023-06-30  EWSETA 
    Core  71469   Further Education and Training Certificate: Equine Practices  Level 4  NQF Level 04  Reregistered  2023-06-30  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  2023-06-30  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  2023-06-30  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  2023-06-30  MQA 
    Core  67697   Further Education and Training Certificate: Sport Administration  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Core  65529   Further Education and Training Certificate: Transport Operations  Level 4  NQF Level 04  Reregistered  2023-06-30  TETA 
    Core  61709   Further Education and Training Certificate: Water and Wastewater Treatment Process Control Supervision  Level 4  NQF Level 04  Reregistered  2023-06-30  EWSETA 
    Core  90655   National Certificate: Small Scale Mining  Not Applicable  NQF Level 03  Reregistered  2023-06-30  MQA 
    Elective  67465   National Certificate: Business Administration Services  Level 3  NQF Level 03  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  62869   National Certificate: Rockbreaking: Surface Excavations  Level 3  NQF Level 03  Reregistered  2023-06-30  MQA 
    Elective  61595   Further Education and Training Certificate: Business Administration Services  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  67509   Further Education and Training Certificate: Community Development  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  67461   Further Education and Training Certificate: Event Support  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  63669   Further Education and Training Certificate: Fitness  Level 4  NQF Level 04  Reregistered  2021-06-30  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  2023-06-30  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  2023-06-30  SERVICES 
    Elective  61670   Further Education and Training Certificate: Railway Construction and Maintenance  Level 4  NQF Level 04  Reregistered  2023-06-30  TETA 
    Elective  66809   Further Education and Training Certificate: Sport Technical Officiating  Level 4  NQF Level 04  Reregistered  2023-06-30  CATHSSETA 
    Elective  61609   Further Education and Training Certificate: Volunteer Support  Level 4  NQF Level 04  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
    Elective  66613   Further Education and Training Certificate: Wealth Management  Level 4  NQF Level 04  Reregistered  2021-06-30  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. Academy (Pty) Ltd 
    2. AFRICA COMPETENCY DEVELOPMENT (PTY)LTD 
    3. African Global Skills Academy Pty Ltd 
    4. African Resources & Financial Training (Pty) Ltd 
    5. AGB MATHE BUSINESS SERVICES 
    6. ALCARI 233 CC T/A ALCARI (Eversdal)(TP) 
    7. All Access Holdings 
    8. ALL CONNECTIONS 
    9. AMBROSER SOLUTIONS (PTY) LTD 
    10. Asiphokuhle Training and Research Institute 
    11. BALOMAT SKILLS TRAINING ACADEMY 
    12. Basadi Africa Management 
    13. BDCE 
    14. Bella FE Consulting 
    15. Botho Ubuntu Contract Cleaning (Pty) Ltd 
    16. Career Pathing Solutions (Pty) Ltd (KRUGERSDORP) (TP) 
    17. CKP Development Agency (Pty) Ltd. 
    18. CLASS SKILLS DEVELOPMENT CONSULTANCY PTY LTD 
    19. Classic Human Capital Solutions 
    20. CMO Logistics Pty Ltd 
    21. College of Production Technology 
    22. Compass Academy of Learning 
    23. Compuscan Academy 
    24. Connex Marketing cc 
    25. CREATIVE FOUNDATION TRAINING 
    26. De Vries Management & Training Services cc 
    27. DISASTER MANAGEMENT SOLUTIONS (PTY) LTD (DMS) 
    28. DSBI (Pty) Ltd 
    29. Edcon Ltd 
    30. EDUTEL SKILLS DEVELOPMENT PTY LTD 
    31. Edutel Wholesale & Retail Academy 
    32. EECTRICAL CONTRACTORS ASSOCIATION - ECA 
    33. ESKOM DISTRIBUTION NORTH WESTERN REGION, BLOEMFONTEIN 
    34. EXECU PRIME TRAINING 
    35. Faisit (Pty) Ltd 
    36. GLERE SKILLS CONSULTANT 
    37. Goldfields FET College 
    38. Gotsec Skills Training 
    39. Gufferty Consulting 
    40. Gugu Dlamini Memorial Centre 
    41. HEART SOLUTIONS 
    42. HIZONEX PTY LTD 
    43. HT MARKTECH 
    44. IIR TRAINING 
    45. INFINITE DIMENSION CONSULTING 
    46. INFRASTRUCTURE CONSULTING ENGINEERS CC 
    47. INGEN ENGINEERING PROJECTS 
    48. Institute for Telling Development T/A ITD Training (MENLYN PARK) (TP) 
    49. Institute of Professional Studies and Services 
    50. Institute of Sport Education and Training 
    51. Intec College 
    52. INTEGRATED ADULT TRAINING 
    53. International Hotel School Training Pty Ltd 
    54. IQ Skills Academy (PTY) LTD. 
    55. IQRAAM DEVELOPMENT CONSULTANCY (PTY) LTD 
    56. Itireleng Bokamoso Trading Development Services and Associates 
    57. ITO Focus Reagile 
    58. Jobafrik Consulting 
    59. JOSMAP TRAINING INSTIUTE 
    60. Kalideen Management 
    61. Kgolo Institute 
    62. Kgotla Trading Enterprise 
    63. KGWEBISWANO SUPPLIES & SERVICES 
    64. KLM EMPOWERED HUMAN SOLUTIONS SPECIALISTS PTYLTD 
    65. KOKANO PROJECTS PTY LTD 
    66. Kuyakhula Development Initiatives 
    67. KWAZULU NATAL EXPERIMENTAL COLLEGE 
    68. Learn A Trade 
    69. Learning Exchange Pty Ltd 
    70. Legal Environment Safety & Health Requirements cc 
    71. Leronsa Trading Enterprise 
    72. LESEDI EDUCARE ASSOCIATION 
    73. Letlhokoa Management Services CC 
    74. LOGIKA ACADEMY PTY LTD 
    75. Longata Consultant 
    76. LVK Management Services 
    77. M.I.C. Training and Development 
    78. MACT BUSINESS HUB 
    79. Madiba Bay Accountancy Training CC 
    80. MARULENG TRAINING ACADEMY 
    81. MashMP Holdings 
    82. Masifunde Training Centre (Pty) Ltd 
    83. Masithuthuke Learning Institution 
    84. MENTORNET (PTY) LTD 
    85. MMESELANE CONSTRUCTION 
    86. MMTI 
    87. Mod-Mosh Projects and Consulting (PTY) LTD 
    88. Mortarboard Training Solutions 
    89. MOVING AHEAD DEVELOPMENT AGENCY 
    90. MPACT 
    91. MPUMELELO CONSULTANCY CC 
    92. Mr Price Group Ld 
    93. MSC Education Holdings Pty Ltd 
    94. MUNICIPAL TRAINING & DEVELOPMENT INSTITUTE 
    95. NEW HOPE REVIVAL ORGANISATION 
    96. Nhlahle Development Agency 
    97. NKANYEZI FOUNDATION 
    98. NOKRAM (PTY) LTD 
    99. Ntsangalala Business Enterprise 
    100. Old Mutual Life Assurance Company South Africa 
    101. OPTIMUM LEARNING TECHNOLOGIES PTY LTD 
    102. Orbit FET College - Rustenburg Campus 
    103. Organisation Development International (Pty) Ltd (CENTURION) (TP) 
    104. ORGANISATIONAL DEVELOPMENT INTERNATIONAL (PTY) LTD 
    105. Paradise Skills Development 
    106. PERSEVCON CONSTRUCTION PTY LTD 
    107. Phakamisa Training Company 
    108. PHAKGAMANG MATSIANA BUSINESS ENTERPRISE 
    109. Phathutshedzo Connsulting Training Provider 
    110. Pioneer Business Consulting 
    111. Planet Academy 
    112. PRAXIS TRAINING AND CONSULTANCY (PTY) LTD 
    113. PRIMESERV CORPORATE SOLUTIONS PTY LTD T/A PRIMESERV HR SOLUTIONS 
    114. Procurement & Supply Management College cc (ROBERTSHAM) (TP) 
    115. Professional Development and Training Institute (Pty) Ltd 
    116. PTDEV (PTY) LTD 
    117. Qabuka-Vuka Development Trading 
    118. Qualitas Training cc 
    119. Ray Strodl Consulting (Pty) Ltd 
    120. RJM Educational Consulting PTY LTD 
    121. ROCKWELL AUTOMATION 
    122. RONNELS CONSTRUCTION PTY LTD 
    123. SAKHISISIZWE PROJECTS 
    124. SANDVIK MINING & CONSTRUCTION RSA (PTY) LTD 
    125. Sanlam Life Insurance Ltd 
    126. Sanlam Life Insurance Ltd. 
    127. Senelo Trading CC 
    128. SOUTHERN AFRICAN YOUTH MOVEMENT 
    129. Spilamart cc T/A 1st Safety & Training (SABIE) (TP) 
    130. Sport Of Distinction 
    131. Spotru Training Centre 
    132. Summat Training Institute 
    133. SWARANANG MANAGEMENT CONSULTING CC 
    134. TAG TEC TRAINING 
    135. TCEP (Pty) Ltd 
    136. Tembe Service Providers 
    137. The East London Institute for Leadership Advancement & Development 
    138. Thubelihle Graduate Institute 
    139. Thuto Lere Community Empowerment Programme 
    140. Thuto Ya Setshaba Training Services (Pty) Ltd 
    141. Tsebong Training Centre 
    142. Tshimedzwa Development Centre (Pty) Ltd 
    143. UMFOLOZI TVET COLLEGE 
    144. Umgungundlovu FET College - Plessislaer Campus 
    145. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    146. VALE DEVELOPMENT PTYLTD 
    147. Vhutshilo Health And Training Organisation 
    148. Vicmat Consultants 
    149. VPK BUSINESS VENTURE C C 
    150. Vuselela FET College - Potchefstroom Campus 
    151. West Coast Public FET College - Central Office 
    152. WHITEHALL TRADING PROJECTS 
    153. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
    154. Woolworths Pty Ltd 
    155. WORKWISE CORPORATE TRAINING SOLUTIONS 
    156. 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.