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 
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
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  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.
     
    1. ACADEMY OF QUALITY EDUCATION 
    2. Advanced Assessments and Train 
    3. AFRICA COMPETENCY DEVELOPMENT (PTY) LTD 
    4. AFRICAN MULTISKILLS DEVELOPMENT AND TRAINING 
    5. African Resources & Financial Training (Pty) Ltd 
    6. Basadi Africa Management 
    7. Bold Venture Trading (Pty) Ltd 
    8. Central Institute of Professional Studies and Services 
    9. Chartered Institute of Management (Pty) Ltd 
    10. CHILUTSI TRADING ENTERPRISE 
    11. CITIVIEW TRADING AND PROJECTS 
    12. CKP Development Agency (Pty) Ltd 
    13. Compass Academy of Learning 
    14. De Vries Management & Training Services cc 
    15. Dee s Training PTY LTD 
    16. DINALEDI MANAGEMENT AND SERVICES 
    17. DISASTER MANAGEMENT SOLUTIONS (PTY) LTD (DMS) 
    18. EARTH CHILD CONSULTING (PTY) LTD 
    19. Edu Wize Group Pty Ltd 
    20. Edu-Wise Group (Pty) Ltd 
    21. EDUTEL SKILLS DEVELOPMENT PTY LTD 
    22. EMANZINI STAFFING SOLUTIONS (PTY) LTD 
    23. ERGO MAPHELONG INSTITUTE (PTY) LTD 
    24. ERWAT 
    25. ESKOM DISTRIBUTION NORTHERN REGION 
    26. Faisit (Pty) Ltd 
    27. FBT Consultants CC 
    28. FINLAM AUTOMOTIVE 
    29. GG SQUARED PROJECTS 
    30. Giamanje TVET College 
    31. Goldfields TVET College 
    32. Gotsec Skills Training 
    33. Heirs Training and Development 
    34. Innovative Shared Services 
    35. Institute of Sport Education and Training 
    36. IQ Skills Academy (PTY) LTD. 
    37. Itireleng Bokamoso Trading Development Services and Associates 
    38. Jobafrik Consulting 
    39. KGWEBISWANO SUPPLIES & SERVICES 
    40. KOKANO PROJECTS PTY LTD 
    41. KWAZULU NATAL EXPERIMENTAL COLLEGE 
    42. Learning Exchange Pty (Ltd) 
    43. Legal Environment Safety & Health Requirements cc 
    44. LESEDI EDUCARE ASSOCIATION 
    45. Longata Consultant 
    46. Mamuhle Academy 
    47. MDCS Skills Academy 
    48. MENTORNET (PTY) LTD 
    49. Mortarboard Training Solutions 
    50. Mowils Consultants 
    51. Nemalale Eagles Consultancy CC 
    52. NEW HOPE REVIVAL ORGANISATION 
    53. NKR CONSULTING ENGINEERS 
    54. NTANDOYAMI TRADING 137 
    55. OPELONG BUSINESS INSTITUTE (PT 
    56. Optimum Learning Technologies 
    57. Orbit FET College - Central Office 
    58. Organisation Development International (Pty) Ltd (CENTURION) (TP) 
    59. Paradise Skills Development 
    60. Petra Institute of Development 
    61. Petra institute of Development (PTY) Ltd 
    62. PIONEER BUSINESS CONSULTING (PTY) LTD 
    63. Prestige Leaders Consulting (Pty) Ltd 
    64. Professional Development and Training Institute (Pty) Ltd 
    65. Progressive School of Business and Engineering (Pty) 
    66. PROGRESSIVE SCHOOL OF BUSINESS AND ENGINEERING (PTY) LTD 
    67. PTDEV (Pty) Ltd 
    68. Quantum Leap College Pty Ltd 
    69. Ray Strodl Consulting (Pty) Ltd 
    70. Sebenzisanane Human Capital 
    71. Signa Academy 
    72. SISODZWA CONSULTING 
    73. Siza Nesu Training and Consultants 
    74. South African Corporate Training Association 
    75. Southern African Youth Movement 
    76. Spears Business and Life Coach Consulting 
    77. Spotru Training Centre 
    78. Step Ahead Academy (Pty) Ltd 
    79. TAMASA TRAINING PTY LTD 
    80. Tasc Business Consulting and Training 
    81. TECHNICAL INTEGRATED SOLUTIONS (PTY) LTD 
    82. Tembe Service Providers 
    83. The East London Institute for Leadership Advancement & Development 
    84. THE FINISHING COLLEGE (PTY) LTD 
    85. The Graduate Institute of Financial Sciences (Pty) Ltd 
    86. Tirhani SkillsTraining Pty Ltd 
    87. TONDOROX (PTY) LTD 
    88. Training Consultant and SD College 
    89. Transafric Consulting Pty Ltd 
    90. Tshwane Training Institute (PTY) LTD. 
    91. TWINMARK STRATEGY AND MANAGEMENT CONSULTANTS 
    92. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    93. Vhutshilo Health And Training Organisation 
    94. VPK BUSINESS VENTURE C C 
    95. Vuselela TVET College 
    96. WEST COAST COLLEGE FET 
    97. Yenza Umehluko/ Make a Difference 



    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.