Course Title: Prepare financial forecasts and projections

Part A: Course Overview

Program: C6072

Course Title: Prepare financial forecasts and projections

Portfolio: BUS

Nominal Hours: 70.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code




Learning Mode

Teaching Period(s)


City Campus


650T TAFE Business


Course Contact: Gowri Raviganesh

Course Contact Phone: +61 3 9925 1337

Course Contact Email:

Course Description

This unit describes the functions involved in preparing financial forecasts and projections. It will also provide students with the skills and knowledge in the application of statistical analyses and processing of business data.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

FNSICORG517B Prepare financial forecasts and projections


1. Plan preparation timetable

2. Identify assumptions and parameters

3. Issue instructions and relevant aids for preparation of forecasts and projections

4. Collect, consolidate, model and analyse data

5. Document results and obtain approval

Learning Outcomes


Overview of Assessment

Assessment may incorporate a variety of methods including technical requirements documentation, homework, assignments, group and/or individual projects, in class exercises, written and practical tests, problem solving exercises, presentations, direct observation of actual and simulated work practice, presentation of a portfolio of evidence which may comprise documents, and/or photographs and/or video and audio files, review of products produced through work-based or course activities.

Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.