Manage budgets and financial plans

Description

This unit describes the performance outcomes, skills and knowledge required to undertake financial management within a work team in an organisation. This includes planning and implementing financial management approaches, supporting team members whose role involves aspects of financial operations, monitoring and controlling finances, and reviewing and evaluating effectiveness of financial management processes in line with the financial objectives of the work team and the organisation. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.

Clicking on the link will take you to the appropriate page of the National Training Information Service (NTIS) web site where relevant information on the elements of competency, performance criteria, range of variables and the evidence guide for this particular Unit of Competency is listed.

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