SITXFIN003 Manage finances within a budget (Release 1)

$499 AUD Price excludes GST

Application

This unit describes the performance outcomes, skills and knowledge required to take responsibility for budget management where others may have developed the budget. It requires the ability to interpret budgetary requirements, allocate resources, monitor actual income and expenditure, and report on budgetary deviations.

The skills and knowledge for budget development are covered in SITXFIN004 Prepare and monitor budgets.

This unit applies to all tourism, travel, hospitality and event sectors. The budget may be for an entire organisation, for a department or for a particular project or activity.

It applies to those who operate independently or with limited guidance from others. This includes supervisors and departmental managers.

No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.

 

Mapping Notes Date
Supersedes and is equivalent to SITXFIN402 - Manage finances within a budget • Equivalent • Unit updated to meet the Standards for Training Packages.  02/Mar/2016

 

Contains the following documents

  • Assessment Matrix (Mapping Document)
  • New Assessor Workbook/Guide (in MS Word Format)
  • New Cover Sheet
  • Learner Guide  (in MS Word Format)
  • New Learner Evidence Document
  • Learner Workbook (in MS Word Format)
  • New Observation and Demonstration Checklists
  • New Session Plan (in MS Word Format)
  • PowerPoint presentation
  • Supporting documents:
    • Contextualisation guide
    • Training and assessment strategy (TAS)
    • RTO Materials statement of validation
    • Student validation survey
    • Work placement logbook
    • Workplace documentation
    • Workplace evidence

 

For more information please contact us on sarah@rtomaterials.com.au