Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
BSBATSIM505 Mapping and Delivery Guide
Control organisational finances
Version 1.0
Issue Date: April 2024
Qualification | - |
Unit of Competency | BSBATSIM505 - Control organisational finances |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to establish and maintain effective financial management within the organisation to ensure board control of finances and external accountability to statutory authorities and funding bodies.It applies to individuals with a broad knowledge of the business or core functions of organisations, who have responsibilities for controlling an organisation’s finances.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: Establish a financial management structure |
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Element: Establish financial management processes and systems |
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Element: Sign contracts on behalf of the organisation |
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Element: Follow finance procedures specified by funding bodies |
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Element: Advise the community of the financial situation of the organisation |
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Element: Meet reporting requirements of relevant corporate authorities and funding bodies |
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