Assessor Resource
TLIP5035A
Manage budgets and financial plans
Assessment tool
Version 1.0
Issue Date: April 2024
Work may be undertaken in various contexts within the transport and distribution industry.
The unit generally applies to those who provide leadership of others individually or in teams.
This unit is normally packaged at AQF V or above.
This unit involves the skills and knowledge required to manage budgets and financial plans. It covers all of the significant aspects of financial management for operational managers who are not financial specialists. It emphasises the preparation of users of budgets/financial plans through communication and training and consistent surveillance over budget performance, with early intervention where required. This unit derives from BSBMGT504A Manage budgets and financial plans. Licensing, legislative, regulatory or certification requirements are applicable to this unit.
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