Manage expenditure against budget

 

(This Unit Standard course is aligned to: Further Education and Training Certificate: Generic Management)

SAQA I.D. 57712 NQF Level: NQF Level 04

Unit Standard: 242810

Number of credits:  6

Introduction

Learn how to create a budget and improve your budget management skills using various budgeting tools or reserve your seat on BOTI’s Unit Standard course: Manage expenditure against budget course!  BOTI offers business training programmes across South Africa.

Course outline

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.

Upon completion of this course you will be able to:

• Explain the concept of budgeting pertinent to an area of responsibility.
• Determine the elements of a budget relevant to an area of responsibility.
• Monitor and controlling actual expenses (and revenue), against projected budget.

 

Prior learning requirements

Learners should be competent in Communication and Mathematical Literacy at NQF Level 3.

Learn how to create a budget and improve your budget management skills using various budgeting tools or reserve your seat on BOTI’s Unit Standard course: Manage expenditure against budget course!  BOTI offers business training programmes across South Africa.

 

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.

 

Course outcomes

• Monitor and control actual expenses against budget.
• Explain the concept of budgeting pertinent to an area of responsibility.
• Determine the elements of a budget in an area of responsibility.

 

Learn how to create a budget and improve your budget management skills using various budgeting tools or reserve your seat on BOTI’s Unit Standard course: Manage expenditure against budget course!  BOTI offers business training programmes across South Africa.

 

Manage expenditure against budget course

SAQA I.D. 57712 NQF Level: NQF Level 04

Unit Standard: 242810

Course duration

3 days

 

Who should attend: Manage expenditure against budget course

This course is aimed at those who wish to expand their knowledge of managing budgets and budgeting tools.

BOTI also offers:

Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget

Apply a range of project management tools and techniques

 

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

 

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Core	57712	Further Education and Training Certificate: Generic Management	Level 4	NQF Level 04	Reregistered	2018-06-30	As per Learning Programmes recorded against this Qual

 

**Quote does not include Any Exam Fees (if applicable)

IMPORTANT ACTION: Do Not Wait To Improve Your Skills.  

Book Now By Completing Online Booking Form / Customised Proposal or Obtain Approval For Your Already Received Customised Proposal

 

Learn how to create a budget and improve your budget management skills using various budgeting tools or reserve your seat on BOTI’s Unit Standard course: Manage expenditure against budget course!  BOTI offers business training programmes across South Africa.