Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
LGADMIN529A Mapping and Delivery Guide
Manage finances
Version 1.0
Issue Date: April 2024
Qualification | - |
Unit of Competency | LGADMIN529A - Manage finances |
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Description | This unit covers understanding the financial management and reporting processes for non-financial managers. The unit looks at the day-to-day financial management of a unit within the organisation and outlines the knowledge and skills required to interpret data and reports. It is suitable for team leaders and managers within the organisation who have responsibility for financial management and monitoring. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit supports the attainment of skills and knowledge required for competent workplace performance in councils of all sizes. Knowledge of the legislation and regulations within which councils must operate is essential. The unique nature of councils, as a tier of government directed by elected members and reflecting the needs of local communities, must be appropriately reflected. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | Not applicable. | ||
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: Interpret financial reports |
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Element: Implement systems for financial management and reporting |
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Element: Manage the use of funds |
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Element: Monitor financial performance |
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