Assessor Resource
FNSICORG517B
Prepare financial forecasts and projections
Assessment tool
Version 1.0
Issue Date: May 2024
This unit requires the application of skills and knowledge required to prepare financial forecasts and projections.
The unit encompasses producing a plan preparation timetable, identifying assumptions and parameters, issuing instructions and relevant aids for preparation of forecasts and projections, collecting, consolidating, modelling and analysing data and documentation results and obtaining approval.
The unit may be applied to any sector of the financial services industry and has application to those job function that have responsibility to produce financial forecasts and projects for example accounts receivable and payable clerks.
This unit requires the application of skills and knowledge required to prepare financial forecasts and projections.
The unit encompasses producing a plan preparation timetable, identifying assumptions and parameters, issuing instructions and relevant aids for preparation of forecasts and projections, collecting, consolidating, modelling and analysing data and documentation results and obtaining approval.
The unit may be applied to any sector of the financial services industry and has application to those job function that have responsibility to produce financial forecasts and projects for example accounts receivable and payable clerks.
This unit describes the functions involved in preparing financial forecasts and projections.
This unit describes the functions involved in preparing financial forecasts and projections.
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)