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613: Managing Team Budgets
Program Overview
A strong financial know-how is a key requirement of any manager in today’s workplace. Indeed, the frontline manager must have the skills and knowledge to deal directly with team members responsible for the financial management and budgetary processes.
Therefore, this program includes planning, developing, implementing and reviewing budgets and financial plans through consultation and communication with the work team. The program will enable participants to contribute to the budget process while developing the work team’s financial and budget management skills.
Designed for
Managers, team leaders, supervisors and project managers.
Content
• The work team and budgets
• Planning and budgeting
• Costing inputs and pricing outputs
• Budget types
• Accounting terms
• Contingency plans
• Monitoring budget performance
• Reviewing financial performance.
Learning Outcomes
As a result of attending this program, participants should be able to:
• Communicate and consult with team members to manage financial performance
• Plan and implement financial management approaches
• Monitor and control finances
• Review and evaluate financial management processes.
Nationally Recognised
Yes
Residential
No
Competency Standards
• BSBFIM501A Manage budgets and financial plans.
Miscellaneous Information
This program can be linked to Diploma of Management or
Diploma of Marketing.
Note: Additional Fee applies for Assessment. Please refer to
Assessment Fees page.
Duration
1 day
*AIM Open Learning Programs are GST free, however GST applies to the catering component and is included in the fee.
Fees
| Professional Member: | $470.00 |
| Affiliate Member: | $565.00 |
| Corporate Member: | $470.00 |
| Public: | $565.00 |
Dates