N.B:
Enrolment in these units is limited to those enrolled in a Diploma or Certificate IV
Every manager today needs financial skills and the ability to operate the team budget. Skills learned in this unit apply to managers of small and large business environments and not-for-profit organisations.
How will this benefit me?
You will examine financial plans and budgets as they relate to a team setting, including:
• planning and implementing budgets
• costing inputs and pricing outputs
• accrual accounting
• monitoring budgets and reviewing financial performance
How will this benefit my organisation?
It is critically important to the financial bottom line of any organisation that the managers have the skills to work with and assess budgets, cash flow, GST and profit and loss statements. Every business can better measure, monitor and improve its performance when processes are in line with financial objectives and accurate and appropriate records are maintained.
