Content

• The work team and budgets
• Planning and budgeting
• Costing inputs and pricing outputs
• Production and sales budgets
• Accrual accounting
• Contingency plans
• Monitoring budget performance
• Reviewing financial performance

Learning Objectives   

• Track, monitor, control and report on financial data
• Review and evaluate financial management
• Plan for delegation of tasks associated with financial management while managing their own work
• Work with team members while providing leadership
• Work with others involved in financial management from outside the team
• Use calculation skills to present financial data
• Apply problem solving skills to manage finances
• Use computer software to access reports and to provide data to management and financial staff
• Use a review process to improve financial management

This program is nationally accredited and includes assessment at AQF Level 5.

The learning outcomes provide the National Competency Standards for:

• BSBFIM501A – Manage budgets and financial plans