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  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 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. ALMEL TRAINING 
    11. AMBROSER SOLUTIONS (PTY) LTD 
    12. Asiphokuhle Training and Research Institute 
    13. Basadi Africa Management t/a LVK Management Services 
    14. BBBEE EMPOWERMENT SERVICES PTY LTD 
    15. Botho Ubuntu Contract Cleaning (Pty) Ltd 
    16. Bullet Proofing Technology Pty Ltd 
    17. CITIVIEW TRADING AND PROJECTS 
    18. CKP Development Agency (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. CTC COLLEGE (PTY) LTD 
    25. De Vries Management & Training Services cc 
    26. DINALEDI MANAGEMENT AND SERVICES 
    27. DISASTER MANAGEMENT SOLUTIONS (PTY) LTD (DMS) 
    28. Edu Wize Group Pty Ltd 
    29. EDUTEL SKILLS DEVELOPMENT PTY LTD 
    30. EECTRICAL CONTRACTORS ASSOCIATION - ECA 
    31. EMANZINI STAFFING SOLUTIONS (PTY) LTD 
    32. ESKOM DISTRIBUTION NORTH WESTERN REGION, BLOEMFONTEIN 
    33. ETHEKWININ MUNICIPALITY- SEACOW LAKE 
    34. EXECU PRIME TRAINING 
    35. Faisit (Pty) Ltd 
    36. Global Care Trading 100 CC 
    37. Goldfields TVET College 
    38. Gotsec Skills Training 
    39. Gufferty Consulting 
    40. HCI SKILLS TRAINING PTY LTD 
    41. HEART SOLUTIONS 
    42. HIZONEX PTY LTD 
    43. HT MARKTECH 
    44. HWM CONSULTANCY (PTY) LTD 
    45. IIR TRAINING 
    46. IKHWEZI MANAGEMENT AND TRAINING INSTITUTE CC 
    47. IMPERIAL CROWN TRADING 490 PTY LTD 
    48. Inafrica General Trading Pty LTD 
    49. INDLELA - (OLD COTT) - OLIFANTSFONTEIN 
    50. INFINITE DIMENSION CONSULTING 
    51. INFRASTRUCTURE CONSULTING ENGINEERS CC 
    52. INGEN ENGINEERING PROJECTS 
    53. Institute for Telling Development T/A ITD Training (MENLYN PARK) (TP) 
    54. IQ Skills Academy (PTY) LTD. 
    55. IQRAAM DEVELOPMENT CONSULTANCY (PTY) LTD 
    56. Itireleng Bokamoso Trading Development Services and Associates 
    57. Izwelethu Black Diamond 
    58. JCE Industries (Pty) Ltd 
    59. JOSMAP TRAINING INSTIUTE 
    60. Kgolo Institute 
    61. khanya Information and Development Consulting 
    62. KLM EMPOWERED HUMAN SOLUTIONS SPECIALISTS PTY LTD 
    63. KN Business Solutions 
    64. KOKANO PROJECTS PTY LTD 
    65. Kuyakhula Development Initiatives 
    66. KWAZULU NATAL EXPERIMENTAL COLLEGE 
    67. Learning Exchange Pty Ltd 
    68. Legal Environment Safety & Health Requirements cc 
    69. LESEDI EDUCARE ASSOCIATION 
    70. LOGIKA ACADEMY PTY LTD 
    71. Longata Consultant 
    72. Mabuya Amahle Trading 
    73. Madiba Bay Accountancy Training CC 
    74. Makaota Training Consultants 
    75. Mamuhle Academy 
    76. Masifunde Training Centre (Pty) Ltd 
    77. MDCS SKILLS ACADEMY PTY LTD 
    78. Media Works 
    79. MENTORNET (PTY) LTD 
    80. Milpark Education (Pty) Ltd (previously known as Milpark Business School) 
    81. Mimosa Business Consultants 
    82. MML Consulting CC. 
    83. MMTI 
    84. Mortarboard Training Solutions 
    85. Mr Price Group Ld 
    86. MSC Education Holdings Pty Ltd 
    87. MUNICIPAL TRAINING & DEVELOPMENT INSTITUTE 
    88. Nemalale Eagles Consultancy CC 
    89. NEW HOPE REVIVAL ORGANISATION 
    90. Nhlahle Development Agency 
    91. NKANYEZI FOUNDATION 
    92. NKR CONSULTING ENGINEERS 
    93. NOKRAM (PTY) LTD 
    94. NTANDOYAMI TRADING 137 
    95. OPTIMUM LEARNING TECHNOLOGIES PTY LTD 
    96. OPTIMUM LEARNING TECHNOLOGIES PTY LTD 
    97. Orbit FET College - Central Office 
    98. Organisation Development International (Pty) Ltd (CENTURION) (TP) 
    99. Paradise Skills Development 
    100. Peritum Agri Institute Pty LTD 
    101. Petra institute of Development (PTY) Ltd 
    102. Phakamisa Training Company 
    103. PHATHUTSHEDZO CONNSULTING TRAINING PROVIDER 
    104. Pioneer Business Consulting 
    105. PIONEER BUSINESS CONSULTING (PTY) LTD 
    106. PMV Destiny Skills Training and Development (Pty) Ltd 
    107. PRAXIS TRAINING AND CONSULTANCY (PTY) LTD 
    108. Procurement & Supply Management College cc (ROBERTSHAM) (TP) 
    109. Professional Development and Training Institute (Pty) Ltd 
    110. Progressive School of Business and Engineering (Pty) 
    111. PTDEV (Pty) Ltd 
    112. QETO BUSINESS CONSULTING 
    113. QUALITAS TRAINING CC 
    114. Ray Strodl Consulting (Pty) Ltd 
    115. RCH Investments (Pty) Ltd 
    116. RJM Educational Consulting (Pty) Ltd 
    117. Royal Express 
    118. SA Campus 
    119. SAKHISISIZWE PROJECTS 
    120. SANDVIK MINING & CONSTRUCTION RSA (PTY) LTD 
    121. Sanlam Life Insurance Ltd 
    122. Senelo Trading CC 
    123. SISODZWA CONSULTING 
    124. SIWAVILE TRADING (PTY) LTD 
    125. SIZA NESU TRAINING AND DEVELOPMENT 
    126. SKILL TECH SOLUTIONS PTY LTD 
    127. SOKOZA CONSULTING SERVICES 
    128. Southern African Youth Movement 
    129. Spotru Training Centre 
    130. Tasc Business Consulting and Training 
    131. TEBS TRAINING 
    132. Tembe Service Providers 
    133. The East London Institute for Leadership Advancement & Development 
    134. THE FINISHING COLLEGE (PTY) LTD 
    135. Thinking Mind Trading 
    136. Thubelihle Graduate Institute 
    137. Thuto Ya Setshaba Training Services (Pty) Ltd 
    138. Tirhani SkillsTraining Pty Ltd 
    139. TJH Business Solutions (Pty) Ltd 
    140. TOMM TRAINING SOLUTIONS PTY LTD 
    141. TONDOROX (PTY) LTD 
    142. Transafric Consulting Pty Ltd 
    143. Tshwane Training Institute (PTY) LTD. 
    144. Tumpu Trading and Projects 
    145. UKHIYE CONSULTING 
    146. UMFOLOZI TVET COLLEGE 
    147. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    148. VALE DEVELOPMENT PTY LTD 
    149. VCK Training and Technical Services Pty Ltd 
    150. Vhutshilo Health And Training Organisation 
    151. Vicmat Consultants 
    152. VPK BUSINESS VENTURE C C 
    153. Vuselela TVET College 
    154. WHITEHALL TRADING PROJECTS 
    155. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
    156. Woolworths Pty Ltd 
    157. WORKWISE CORPORATE TRAINING SOLUTIONS 
    158. Yes We Can Consulting Pty Ltd 
    159. Zanda Izifiso Ezinhle 



    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.