This is a five day course covering the following nationally accredited units.

This unit deals with the skills and knowledge required to interpret the types of financial information used by operational supervisors and managers in their day-to-day work activities. It focuses on understanding of key financial terminology, different types of financial reports and on how financial information is used in the management of a business.

This unit will teach you how to

• allocate budget resources.
• Monitor financial activities against budget
• Identify and evaluate options for improved budget performance
• Complete financial/statistical reports

Prepare and Monitor Budgets SITXFIN005A

While the nature of the budget may vary, the unit focuses on the key managerial skills of analysing financial information to inform the budget development process, drafting a budget and the vital role of monitoring budget performance over time.

Manage Financial Operations SITXFIN008A

This unit deals with the skills and knowledge required to oversee the day-to-day financial operations of a small tourism or hospitality enterprise or a department within a larger organisation. The unit is not intended to cover detailed specialist accounting skills that are undertaken by qualified accountants or financial controllers, but does include the awareness of accounting issues and concepts needed by managers for effective communication with accountants or other specialists on financial matters.

• Develop Approaches to Financial Management
• Develop and Monitor Financial Procedures and Systems
• Make Pricing Decisions
• Monitor Financial Performance
• Prepare Financial Reports

Manage Physical Assets SITXFIN007A

This unit will assist you develop strategies for systematic maintenance, repair and purchase of physical assets; monitor the condition and performance of physical assets in the workplace and co-ordinate the financing of physical assets.