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:

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	6
REGISTRATION STATUS		REGISTRATION START DATE	REGISTRATION END DATE	SAQA DECISION NUMBER
Passed the End Date - Status was "Reregistered"		2018-07-01	2023-06-30	SAQA 06120/18
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2026-06-30		2029-06-30

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	5

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	Passed the End Date - Status was "Reregistered"	2023-06-30	EWSETA
Core	71469	Further Education and Training Certificate: Equine Practices	Level 4	NQF Level 04	Passed the End Date - Status was "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	Passed the End Date - Status was "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	Passed the End Date - Status was "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	Passed the End Date - Status was "Reregistered"	2023-06-30	MQA
Core	67697	Further Education and Training Certificate: Sport Administration	Level 4	NQF Level 04	Passed the End Date - Status was "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	Passed the End Date - Status was "Reregistered"	2023-06-30	TETA
Core	61709	Further Education and Training Certificate: Water and Wastewater Treatment Process Control Supervision	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	EWSETA
Core	90655	National Certificate: Small Scale Mining	Not Applicable	NQF Level 03	Passed the End Date - Status was "Reregistered"	2023-06-30	MQA
Elective	67465	National Certificate: Business Administration Services	Level 3	NQF Level 03	Passed the End Date - Status was "Reregistered"	2023-07-30	As per Learning Programmes recorded against this Qual
Elective	62869	National Certificate: Rockbreaking: Surface Excavations	Level 3	NQF Level 03	Passed the End Date - Status was "Reregistered"	2023-06-30	MQA
Elective	61595	Further Education and Training Certificate: Business Administration Services	Level 4	NQF Level 04	Passed the End Date - Status was "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	Passed the End Date - Status was "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	Passed the End Date - Status was "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	Passed the End Date - Status was "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	Passed the End Date - Status was "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	Passed the End Date - Status was "Reregistered"	2023-06-30	SERVICES
Elective	61670	Further Education and Training Certificate: Railway Construction and Maintenance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	TETA
Elective	66809	Further Education and Training Certificate: Sport Technical Officiating	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	CATHSSETA
Elective	61609	Further Education and Training Certificate: Volunteer Support	Level 4	NQF Level 04	Passed the End Date - Status was "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	Passed the End Date - Status was "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.

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2.	Advanced Assessments and Train
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6.	Bold Venture Trading (Pty) Ltd
7.	Central Institute of Professional Studies and Services
8.	CHILUTSI TRADING ENTERPRISE
9.	Compass Academy of Learning
10.	Dee s Training PTY LTD
11.	DISASTER MANAGEMENT SOLUTIONS (PTY) LTD (DMS)
12.	Edu Wize Group Pty Ltd
13.	Edu-Wise Group (Pty) Ltd
14.	EDUTEL SKILLS DEVELOPMENT PTY LTD
15.	EMANZINI STAFFING SOLUTIONS (PTY) LTD
16.	ERGO MAPHELONG INSTITUTE (PTY) LTD
17.	ERWAT
18.	FBT Consultants CC
19.	FINLAM AUTOMOTIVE
20.	Giamanje TVET College
21.	Goldfields TVET College
22.	Gotsec Skills Training
23.	Innovative Shared Services
24.	Institute of Sport Education and Training
25.	IQ Skills Academy (PTY) LTD.
26.	Itireleng Bokamoso Trading Development Services and Associates
27.	Jobafrik Consulting
28.	KGWEBISWANO SUPPLIES & SERVICES
29.	KOKANO PROJECTS PTY LTD
30.	KWAZULU NATAL EXPERIMENTAL COLLEGE
31.	Learning Exchange Pty (Ltd)
32.	Legal Environment Safety & Health Requirements cc
33.	LESEDI EDUCARE ASSOCIATION
34.	Mamuhle Academy
35.	MDCS Skills Academy (PTY) LTD
36.	MENTORNET (PTY) LTD
37.	Mortarboard Training Solutions
38.	Nemalale Eagles Consultancy CC
39.	OPELONG BUSINESS INSTITUTE (PT
40.	Optimum Learning Technologies (Pty) Ltd
41.	Orbit FET College - Central Office
42.	Organisation Development International (Pty) Ltd (CENTURION) (TP)
43.	Paradise Skills Development
44.	Petra Institute of Development
45.	Petra institute of Development (PTY) Ltd
46.	Professional Development and Training Institute (Pty) Ltd
47.	Progressive School of Business and Engineering (Pty)
48.	PROGRESSIVE SCHOOL OF BUSINESS AND ENGINEERING (PTY) LTD
49.	PTDEV (Pty) Ltd
50.	Quantum Leap College Pty Ltd
51.	Sebenzisanane Human Capital
52.	Siza Nesu Training and Consultants
53.	South African Corporate Training Association
54.	Southern African Youth Movement
55.	Spotru Training Centre
56.	TAMASA TRAINING PTY LTD
57.	Tasc Business Consulting and Training
58.	Tembe Service Providers
59.	The East London Institute for Leadership Advancement & Development
60.	TIRHANI SKILLSTRAINING PTY LTD
61.	Training Consultant and SD College
62.	Transafric Consulting Pty Ltd
63.	Tshwane Training Institute (PTY) LTD.
64.	UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD
65.	Vhutshilo Health And Training Organisation
66.	VPK BUSINESS VENTURE C C
67.	Vuselela TVET College
68.	WEST COAST COLLEGE FET
69.	Yenza Umehluko/ Make a Difference