Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSORG501 Mapping and Delivery Guide
Develop and manage a budget
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSORG501 - Develop and manage a budget |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to collect and analyse information and apply sound accounting principles to the development and ongoing management of a budget for a small organisation or section of a large organisation.It applies to individuals who use a range of specialist and managerial techniques to plan, monitor and control budgetary work.No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Plan for and collect information for budget |
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Element: Develop budget |
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Element: Finalise budget and allocate resources |
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Element: Monitor and control budget |
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Element: Complete financial and statistical reports |
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