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 
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    5. ALL CONNECTIONS TRAINING AND CONSTRUCTION (PTY) LTD 
    6. AMBROSER SOLUTIONS (PTY) LTD 
    7. Anchor Africa Professional Training 
    8. Asiphokuhle Training and Research Institute 
    9. Assured Vocational Skills Institute (Pty) Ltd 
    10. Basadi Africa Management 
    11. BES EMPOWERMENT COLLEGE 
    12. Bold Venture Trading (Pty) Ltd 
    13. BP SOUTHERN AFRICA 
    14. Bullet Proofing Technology Pty Ltd 
    15. Chartered Institute of Management (Pty) Ltd 
    16. CHILUTSI TRADING ENTERPRISE 
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    50. Imperial Crown Trading 490 
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    54. INTERGRATED SECURITY CONSULTANT COLLEGE PTY LTD DURBAN 
    55. Isibuko Group Pty Ltd 
    56. Itireleng Bokamoso Trading Development Services and Associates 
    57. Izwelethu Black Diamond 
    58. KGWEBISWANO SUPPLIES & SERVICES 
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    60. KOKANO PROJECTS PTY LTD 
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    74. Mimosa Business Consultants 
    75. Mintirho Development Services 
    76. MML Consulting CC. 
    77. Mowils Consultants 
    78. MR PRICE GROUP Ld 
    79. MSC Education Holdings Pty Ltd 
    80. NEW HOPE REVIVAL ORGANISATION 
    81. NKANYEZI FOUNDATION 
    82. NKR CONSULTING ENGINEERS 
    83. NTANDOYAMI TRADING 137 
    84. Optimi Workplace 
    85. Orbit FET College - Central Office 
    86. Organisation Development International (Pty) Ltd (CENTURION) (TP) 
    87. OWETHU CONNECTIONS (PTY) LTD 
    88. Paradise Skills Development 
    89. Peritum Agri Institute Pty LTD 
    90. Petra institute of Development (PTY) Ltd 
    91. Pietersburg Labour Consultants 
    92. Pioneer Business Consulting 
    93. PIONEER BUSINESS CONSULTING (PTY) LTD 
    94. PIONEERS SKILLS DEVELOPMENT INSTITUTE 
    95. Prestige Leaders Consulting (Pty) Ltd 
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    97. Progressive School of Business and Engineering (Pty) 
    98. PROGRESSIVE SCHOOL OF BUSINESS AND ENGINEERING (PTY) LTD 
    99. PROTECH TRAINING JET PARK 
    100. PTDEV (Pty) Ltd 
    101. QETO BUSINESS CONSULTING 
    102. Quantum Leap College Pty Ltd 
    103. RAND WATER SCIENTIFIC SERVICES 
    104. Royal Express 
    105. Sakhisisizwe Projects 
    106. SANDVIK MINING & CONSTRUCTION RSA (PTY) LTD 
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    108. Sebenzisanane Human Capital 
    109. SEBOKA MANYABOLA MANAGEMENT SOLUTIONS 
    110. Signa Academy 
    111. SISODZWA CONSULTING 
    112. SIWAVILE TRADING (PTY) LTD 
    113. SIZA NESU TRAINING AND DEVELOPMENT 
    114. Skill Tech Solutions 
    115. SKILLS TRAINING RESOURCES GROUP 
    116. Sokoza Consulting & Services 
    117. South African Corporate Training Association 
    118. Southern African Youth Movement 
    119. Spears Business and Life Coach Consulting 
    120. Spotru Training Centre 
    121. Step Ahead Academy (Pty) Ltd 
    122. Tasc Business Consulting and Training 
    123. Tata Steel Skills Training Centre 
    124. TEBS TRAINING 
    125. TECHNICAL INTEGRATED SOLUTIONS (PTY) LTD 
    126. Tembe Service Providers 
    127. The East London Institute for Leadership Advancement & Development 
    128. THE FINISHING COLLEGE (PTY) LTD 
    129. The Graduate Institute of Financial Sciences (Pty) Ltd 
    130. The Skills Development Corporation Private 
    131. Thinking Mind Trading 
    132. Thubelihle Graduate Institute 
    133. Thuto Ya Setshaba Training Services (Pty) Ltd 
    134. Tirhani SkillsTraining Pty Ltd 
    135. TOMM TRAINING SOLUTIONS 
    136. TONDOROX (PTY) LTD 
    137. Training Consultant and SD College 
    138. Transafric Consulting Pty Ltd 
    139. Tshwane Training Institute (PTY) LTD. 
    140. Tumpu Trading and Projects 
    141. TWINMARK STRATEGY AND MANAGEMENT CONSULTANTS 
    142. Uitenhage Despatch Development Initiative 
    143. Ukhiye Consulting 
    144. Umfolozi TVET College 
    145. Umtha Developments 
    146. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    147. Vale Development 
    148. Vicmat Consultants 
    149. VPK BUSINESS VENTURE C C 
    150. Vumilia Africa Group 
    151. Vuselela TVET College 
    152. Whitehall Trading Projects 
    153. WOOLWORTHS PTY LTD HO CT 
    154. WORKWISE CORPORATE TRAINING SOLUTIONS 
    155. World Pace Development and Training Institute 
    156. Yenza Umehluko/ Make a Difference 
    157. Yes We Can Consulting Pty Ltd 
    158. Ziyana Business Consulting and Training 
    159. 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.