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. African Resources & Financial Training (Pty) Ltd 
    2. AGB MATHE BUSINESS SERVICES 
    3. All Access Holdings 
    4. ALMEL TRAINING 
    5. AMBROSER SOLUTIONS (PTY) LTD 
    6. Asiphokuhle Training and Research Institute 
    7. BBBEE EMPOWERMENT SERVICES PTY LTD 
    8. CITIVIEW TRADING AND PROJECTS 
    9. CKP Development Agency (Pty) Ltd. 
    10. Classic Human Capital Solutions 
    11. CMO Logistics Pty Ltd 
    12. College of Production Technology 
    13. Compuscan Academy 
    14. CTC COLLEGE (PTY) LTD 
    15. De Vries Management & Training Services cc 
    16. Department of Local Gov & Housing (Mpumalanga) 
    17. DISASTER MANAGEMENT SOLUTIONS (PTY) LTD (DMS) 
    18. Edcon Ltd 
    19. Edutel Wholesale & Retail Academy 
    20. EECTRICAL CONTRACTORS ASSOCIATION - ECA 
    21. ESKOM DISTRIBUTION NORTH WESTERN REGION, BLOEMFONTEIN 
    22. EXECU PRIME TRAINING 
    23. Faisit (Pty) Ltd 
    24. Gufferty Consulting 
    25. HEART SOLUTIONS 
    26. HIZONEX PTY LTD 
    27. HT MARKTECH 
    28. HWM CONSULTANCY (PTY) LTD 
    29. IIR TRAINING 
    30. IMPERIAL CROWN TRADING 490 PTY LTD 
    31. Inafrica General Trading Pty LTD 
    32. INFINITE DIMENSION CONSULTING 
    33. INFRASTRUCTURE CONSULTING ENGINEERS CC 
    34. INGEN ENGINEERING PROJECTS 
    35. Institute for Telling Development T/A ITD Training (MENLYN PARK) (TP) 
    36. INTEGRATED ADULT TRAINING 
    37. IQ Skills Academy (PTY) LTD. 
    38. IQRAAM DEVELOPMENT CONSULTANCY (PTY) LTD 
    39. ITO Focus Reagile 
    40. Jobafrik Consulting 
    41. JOSMAP TRAINING INSTIUTE 
    42. Kgolo Institute 
    43. KLM EMPOWERED HUMAN SOLUTIONS SPECIALISTS PTYLTD 
    44. KN Business Solutions 
    45. KOKANO PROJECTS PTY LTD 
    46. Kuyakhula Development Initiatives 
    47. Learn A Trade 
    48. Legal Environment Safety & Health Requirements cc 
    49. LOGIKA ACADEMY PTY LTD 
    50. Longata Consultant 
    51. M.I.C. Training and Development 
    52. Mabuya Amahle Trading 
    53. MACT BUSINESS HUB 
    54. Madiba Bay Accountancy Training CC 
    55. MARULENG TRAINING ACADEMY 
    56. MashMP Holdings 
    57. Masifunde Training Centre (Pty) Ltd 
    58. Masithuthuke Learning Institution 
    59. Mintirho Development Services 
    60. MMTI 
    61. Mod-Mosh Projects and Consulting (PTY) LTD 
    62. Mortarboard Training Solutions 
    63. Mr Price Group Ld 
    64. MTHENGENYA & ASSOCIATES 
    65. MUNICIPAL TRAINING & DEVELOPMENT INSTITUTE 
    66. Nemalale Eagles Consultancy CC 
    67. NEW HOPE REVIVAL ORGANISATION 
    68. Nhlahle Development Agency 
    69. NKANYEZI FOUNDATION 
    70. NKR CONSULTING ENGINEERS 
    71. NOKRAM (PTY) LTD 
    72. NTANDOYAMI TRADING 137 
    73. OPTIMUM LEARNING TECHNOLOGIES PTY LTD 
    74. Organisation Development International (Pty) Ltd (CENTURION) (TP) 
    75. Peritum Agri Institute Pty LTD 
    76. PHATHUTSHEDZO CONNSULTING TRAINING PROVIDER 
    77. Pioneer Business Consulting 
    78. PIONEER BUSINESS CONSULTING (PTY) LTD 
    79. PRAXIS TRAINING AND CONSULTANCY (PTY) LTD 
    80. Procurement & Supply Management College cc (ROBERTSHAM) (TP) 
    81. PTDEV (Pty) Ltd 
    82. Qabuka-Vuka Development Trading 
    83. QUALITAS TRAINING CC 
    84. Ray Strodl Consulting (Pty) Ltd 
    85. RJM Educational Consulting (Pty) Ltd 
    86. Royal Express 
    87. SAKHISISIZWE PROJECTS 
    88. SANDVIK MINING & CONSTRUCTION RSA (PTY) LTD 
    89. Sanlam Life Insurance Ltd 
    90. Senelo Trading CC 
    91. SISODZWA CONSULTING 
    92. SIWAVILE TRADING (PTY) LTD 
    93. SIZA NESU TRAINING AND DEVELOPMENT 
    94. Spilamart cc T/A 1st Safety & Training (SABIE) (TP) 
    95. Summat Training Institute 
    96. TAG TEC TRAINING 
    97. THE FINISHING COLLEGE (PTY) LTD 
    98. Thubelihle Graduate Institute 
    99. Thuto Ya Setshaba Training Services (Pty) Ltd 
    100. Tirhani SkillsTraining Pty Ltd 
    101. TONDOROX (PTY) LTD 
    102. Tshwane Training Institute (PTY) LTD. 
    103. UKHIYE CONSULTING 
    104. UMFOLOZI TVET COLLEGE 
    105. Umgungundlovu FET College - Plessislaer Campus 
    106. VALE DEVELOPMENT PTYLTD 
    107. Vhutshilo Health And Training Organisation 
    108. Vicmat Consultants 
    109. VPK BUSINESS VENTURE C C 
    110. WHITEHALL TRADING PROJECTS 
    111. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
    112. Woolworths Pty Ltd 
    113. WORKWISE CORPORATE TRAINING SOLUTIONS 



    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.