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