Statement of Attainment

These units of competency from the SIT Tourism, Travel and Hospitality Training Package provide a set of skills to understand basic financial concepts to effectively prepare and manage budgets.


This skill set is for those tourism, travel and hospitality industry personnel who have responsibility for budget preparation and management.


The Understanding Financial Concepts for Budgeting consists of:

Unit code

Unit title

add topic SITXFIN002

Interpret financial information

add topic SITXFIN003

Manage finances within a budget

add topic SITXFIN004

Prepare and monitor budgets


Achievement of these units provides credit towards qualifications in tourism, travel, hospitality, events, holiday parks and resorts in the SIT Tourism, Travel and Hospitality Training Package.