Course Title: Manage budgets and financial plans
Part A: Course Overview
Program: C5226
Course Title: Manage budgets and financial plans
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 |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
ACCT5272C |
City Campus |
TAFE |
650T TAFE Business |
Face-to-Face or Workplace |
Course Contact: Graham Airey
Course Contact Phone: +61 3 9925 5473
Course Contact Email: graham.airey@rmit.edu.au
Course Description
This unit describes the performance outcomes, skills and knowledge required to undertake financial management within a work team in an organisation. This includes planning and implementing financial management approaches, supporting team members whose role involves aspects of financial operations, monitoring and controlling finances, and reviewing and evaluating effectiveness of financial management processes in line with the financial objectives of the work team and the organisation.
Pre-requisite Courses and Assumed Knowledge and Capabilities
Nil
National Competency Codes and Titles
National Element Code & Title: |
BSBFIM501A Manage budgets and financial plans |
Elements: |
1. Plan financial management approaches |
2. Implement financial management approaches |
|
3. Monitor and control finances |
|
4. Review and evaluate financial management processes |
Learning Outcomes
Overview of Assessment
Assessment comprises the following:
Two tests; an assignment which will be a combination of in-class group work and individual assessment and a portfolio of evidence which will be gathered throughout the semester.
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.