SISXFIN001 - Develop and review budgets for activities or projects

Unit code: SISXFIN001 | Study level: TAFE
Nominal hours
20
Location
Footscray Park
Prerequisites
N/A
Overview
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Overview

This unit describes the performance outcomes, skills and knowledge required to collect and prepare data to develop budgets for activities, events and programs.This unit applies to those with responsibility for activity budget development. Work is performed according to relevant legislation and organisational policies and procedures.

Assessment

For Melbourne campuses

Assessment tasks will be designed to reinforce & extend knowledge and skill competence within set & controlled parameters in accordance with each unit’s learning outcomes & performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines.

Students will be expected to demonstrate the following required skills:

  • prepare, document and review budgets for at least two different activities or projects.

Students will also be expected to demonstrate the following knowledge:

  • organisational policies and procedures that enable development of sound financial budgets:
  • budget preparation techniques:
  • principles of budgetary control
  • principles of statistical analysis and measures of variance to enable accurate analysis of data.

Required reading

The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the Victoria University and/or via the Victoria University e-learning system.

As part of a course

This unit is studied as part of the following course(s):

Diploma of Sport
SIS50321 | Diploma | Duration:

Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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