BSBFIN501 — Manage budgets and financial plans
- Code
- BSBFIN501
- Title
- Manage budgets and financial plans
- Place
- Unit in BSB50420. Confirm core or elective on the provider's written list.
- Does not
- Finishing it does not make you the manager. A diploma result is not an employer's decision to put you in charge.
Training is not a management appointment. Finishing it does not make you the manager. A diploma result is not an employer's decision to put you in charge.
What you work on
The work is the figures: what they include, what they leave out, and what you do when they change. A spreadsheet with no source for the numbers is not the unit.
What to check on the offer
Ask whose figures you will use, and whether you are reading a budget or building one. Ask to see BSBFIN501 on the written unit list.
If you only finish this unit
A statement of attainment for BSBFIN501 records this unit only. It is not the Diploma of Leadership and Management. If you want a later provider to count it, ask that provider, against this code, before you plan on the credit.