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   

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  2023-06-30  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  2023-07-30  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  2023-06-30  As per Learning Programmes recorded against this Qual 
    Elective  67509   Further Education and Training Certificate: Community Development  Level 4  NQF Level 04  Reregistered  2023-06-30  As per Learning Programmes recorded against this Qual 
    Elective  67461   Further Education and Training Certificate: Event Support  Level 4  NQF Level 04  Reregistered  2023-06-30  As per Learning Programmes recorded against this Qual 
    Elective  63669   Further Education and Training Certificate: Fitness  Level 4  NQF Level 04  Reregistered  2023-06-30  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  2023-06-30  As per Learning Programmes recorded against this Qual 
    Elective  66613   Further Education and Training Certificate: Wealth Management  Level 4  NQF Level 04  Reregistered  2023-06-30  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 OF QUALITY EDUCATION 
    2. Academy of York Pty Ltd 
    3. Advanced Assessments and Training (pty) ltd 
    4. AFRICA COMPETENCY DEVELOPMENT (PTY) LTD 
    5. African Resources & Financial Training (Pty) Ltd 
    6. AGB MATHE BUSINESS SERVICES 
    7. Akanani Consulting (PTY) LTD 
    8. All Access Holdings 
    9. ALL CONNECTIONS TRAINING AND CONSTRUCTION (PTY) LTD 
    10. AMBROSER SOLUTIONS (PTY) LTD 
    11. Anchor Africa Professional Training 
    12. Asiphokuhle Training and Research Institute 
    13. Assured Vocational Skills Institute (Pty) Ltd 
    14. Basadi Africa Management 
    15. BBBEE EMPOWERMENT SERVICES PTY LTD 
    16. BHP BILLITON ACADEMY 
    17. Bold Venture Trading (Pty) Ltd 
    18. Botho Ubuntu Contract Cleaning (Pty) Ltd 
    19. Bullet Proofing Technology Pty Ltd 
    20. CHILUTSI TRADING ENTERPRISE 
    21. CITIVIEW TRADING AND PROJECTS 
    22. CKP Development Agency (Pty) Ltd 
    23. Classic Human Capital Solutions 
    24. CMO Logistics Pty Ltd 
    25. College of Production Technology 
    26. Compass Academy of Learning 
    27. Compuscan Academy 
    28. CTC COLLEGE (PTY) LTD 
    29. De Vries Management & Training Services cc 
    30. DINALEDI MANAGEMENT AND SERVICE 
    31. DINALEDI MANAGEMENT AND SERVICES 
    32. DISASTER MANAGEMENT SOLUTIONS (PTY) LTD (DMS) 
    33. Edu Wize Group Pty Ltd 
    34. Edu-Wise Group (Pty) Ltd 
    35. EDUTEL SKILLS DEVELOPMENT PTY LTD 
    36. ELECTRICAL SKILLS PTY LTD 
    37. ELECTRICAL TRAINING CONSULTANTS 
    38. EMANZINI STAFFING SOLUTIONS (PTY) LTD 
    39. ERGO MAPHELONG INSTITUTE (PTY) LTD 
    40. ESKOM DISTRIBUTION CENTRAL REGION BRAAMFONTEIN 
    41. ESKOM DISTRIBUTION NORTH WESTERN REGION, BLOEMFONTEIN 
    42. ETHEKWININ MUNICIPALITY- SEACOW LAKE 
    43. EXECU PRIME TRAINING 
    44. EZTrade 441 
    45. Faisit (Pty) Ltd 
    46. FBT Consultants CC 
    47. FINLAM AUTOMOTIVE 
    48. Global Care Trading 100 CC 
    49. Goldfields TVET College 
    50. Gotsec Skills Training 
    51. HEART SOLUTIONS 
    52. HEIRS TRAINING AND DEVELOPMENT PTY LTD 
    53. HIZONEX PTY LTD 
    54. HWM CONSULTANCY (PTY) LTD 
    55. IIR TRAINING 
    56. Ikamvelihle Youth Development (Pty) Ltd 
    57. IKHWEZI MANAGEMENT AND TRAINING INSTITUTE CC 
    58. IMPERIAL CROWN TRADING 490 PTY LTD 
    59. Inafrica General Trading Pty LTD 
    60. INDLELA - (OLD COTT) - OLIFANTSFONTEIN 
    61. INFINITE DIMENSION CONSULTING 
    62. INFRASTRUCTURE CONSULTING ENGINEERS CC 
    63. INGEN ENGINEERING PROJECTS 
    64. Institute for Telling Development T/A ITD Training (MENLYN PARK) (TP) 
    65. Investmentwise (Pty) Ltd 
    66. IQ Skills Academy (PTY) LTD. 
    67. IQRAAM DEVELOPMENT CONSULTANCY (PTY) LTD 
    68. Itireleng Bokamoso Trading Development Services and Associates 
    69. Izwelethu Black Diamond 
    70. khanya Information and Development Consulting 
    71. KLM EMPOWERED HUMAN SOLUTIONS SPECIALISTS PTY LTD 
    72. KN Business Solutions 
    73. KOKANO PROJECTS PTY LTD 
    74. Kuyakhula Development Initiatives 
    75. KWAZULU NATAL EXPERIMENTAL COLLEGE 
    76. Learning Exchange Pty (Ltd) 
    77. Legal Environment Safety & Health Requirements cc 
    78. LESEDI EDUCARE ASSOCIATION 
    79. Leverage Leadership 
    80. LOGIKA ACADEMY PTY LTD 
    81. Longata Consultant 
    82. Mabuya Amahle Trading 
    83. Madiba Bay Accountancy Training CC 
    84. Makaota Training Consultants 
    85. Mamuhle Academy 
    86. MDCS SKILLS ACADEMY PTY LTD 
    87. Media Works 
    88. MENTORNET (PTY) LTD 
    89. Mimosa Business Consultants 
    90. MML Consulting CC. 
    91. MMTI 
    92. Mortarboard Training Solutions 
    93. Mr Price Group Ld 
    94. MSC Education Holdings Pty Ltd 
    95. MUNICIPAL TRAINING & DEVELOPMENT INSTITUTE 
    96. NEW HOPE REVIVAL ORGANISATION 
    97. Nhlahle Development Agency 
    98. NKANYEZI FOUNDATION 
    99. NKR CONSULTING ENGINEERS 
    100. NOKRAM (PTY) LTD 
    101. NTANDOYAMI TRADING 137 
    102. OPTIMUM LEARNING TECHNOLOGIES PTY LTD 
    103. OPTIMUM LEARNING TECHNOLOGIES PTY LTD 
    104. Orbit FET College - Central Office 
    105. Organisation Development International (Pty) Ltd (CENTURION) (TP) 
    106. Paradise Skills Development 
    107. Peritum Agri Institute Pty LTD 
    108. Petra institute of Development (PTY) Ltd 
    109. Phakamisa Training Company 
    110. PHATHUTSHEDZO CONNSULTING TRAINING PROVIDER 
    111. PIETERSBURG LABOUR CONSULTANTS CC 
    112. Pioneer Business Consulting 
    113. PIONEER BUSINESS CONSULTING (PTY) LTD 
    114. PIONEERS SKILLS DEVELOPMENT INSTITUTE 
    115. PRAXIS TRAINING AND CONSULTANCY (PTY) LTD 
    116. Procurement & Supply Management College cc (ROBERTSHAM) (TP) 
    117. Professional Development and Training Institute (Pty) Ltd 
    118. Progressive School of Business and Engineering (Pty) 
    119. PROGRESSIVE SCHOOL OF BUSINESS AND ENGINEERING (PTY) LTD 
    120. PTDEV (Pty) Ltd 
    121. QETO BUSINESS CONSULTING 
    122. QUALITAS TRAINING CC 
    123. Quantum Leap College Pty Ltd 
    124. RAND WATER SCIENTIFIC SERVICES 
    125. Ray Strodl Consulting (Pty) Ltd 
    126. RCH Investments (Pty) Ltd 
    127. RJM Educational Consulting (Pty) Ltd 
    128. Royal Express 
    129. SA Campus 
    130. SAKHISISIZWE PROJECTS 
    131. SANDVIK MINING & CONSTRUCTION RSA (PTY) LTD 
    132. Sanlam Life Insurance Ltd 
    133. Sebenzisanane Human Capital 
    134. Senelo Trading CC 
    135. SIGNA ACADEMY PTY LTD 
    136. SISODZWA CONSULTING 
    137. SIWAVILE TRADING (PTY) LTD 
    138. SIZA NESU TRAINING AND DEVELOPMENT 
    139. SKILL TECH SOLUTIONS PTY LTD 
    140. SKILLS TRAINING RESOURCES GROUP 
    141. SOKOZA CONSULTING SERVICES 
    142. South African Corporate Training Association 
    143. Southern African Youth Movement 
    144. Spotru Training Centre 
    145. Tasc Business Consulting and Training 
    146. Tata Steel Skills Training Centre 
    147. TEBS TRAINING 
    148. Tembe Service Providers 
    149. The East London Institute for Leadership Advancement & Development 
    150. THE FINISHING COLLEGE (PTY) LTD 
    151. The Graduate Institute of Financial Sciences (Pty) Ltd 
    152. Thinking Mind Trading 
    153. Thuto Ya Setshaba Training Services (Pty) Ltd 
    154. Tirhani SkillsTraining Pty Ltd 
    155. TJH Business Solutions (Pty) Ltd 
    156. TOMM TRAINING SOLUTIONS PTY LTD 
    157. TONDOROX (PTY) LTD 
    158. Transafric Consulting Pty Ltd 
    159. Tshwane Training Institute (PTY) LTD. 
    160. Tumpu Trading and Projects 
    161. Uitenhage Despatch Development Initiative 
    162. UKHIYE CONSULTING 
    163. Umfolozi FET College - Central Office 
    164. UMFOLOZI TVET COLLEGE 
    165. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    166. VALE DEVELOPMENT PTY LTD 
    167. Vhutshilo Health And Training Organisation 
    168. Vicmat Consultants 
    169. VPK BUSINESS VENTURE C C 
    170. Vuselela TVET College 
    171. WHITEHALL TRADING PROJECTS 
    172. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
    173. Woolworths Pty Ltd 
    174. WORKWISE CORPORATE TRAINING SOLUTIONS 
    175. World Pace Development and Training Institute 
    176. Yenza Umehluko/ Make a Difference 
    177. Zanda Izifiso Ezinhle 
    178. ZS2HL 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.