242810 Manage Expenditure Against a Budget
What is this course about?
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.
Key content covered
NQF Level 4 - 6 Credits
This unit standard replaces:
13941 Apply the budget function in a business unit
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, workplac
Run 242810 Manage Expenditure Against a Budget for your team
Every workshop we publish is also delivered in-house — at your premises anywhere in South Africa and beyond, at one of our venues, or live online. Before we deliver, our course designers can adapt 242810 Manage Expenditure Against a Budget to your team: your industry’s examples in the case work, your real challenges in the exercises, your operational rhythm in the schedule. We meet you, agree the outline together, and only then do you place the order.
In-house rates drop per delegate as the group grows — for larger teams it is usually the more affordable option as well as the better-fitting one.