Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSACC503 Mapping and Delivery Guide
Manage budgets and forecasts
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSACC503 - Manage budgets and forecasts |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to prepare, document and manage budgets and forecasts, and encompasses forecasting estimates and monitoring budgeted outcomes.It applies to individuals who use specialised knowledge and analytical skills to prepare and manage strategic organisational information.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: Prepare budget |
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Element: Forecast estimates |
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Element: Document budget |
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Element: Monitor budget outcomes |
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