Reference no: EM132468958
Objective: To provide you with an opportunity to demonstrate your knowledge of the foundation skills, knowledge evidence and performance evidence.
1. As a project, for your organisation manage and monitor producing budget requirements with your team, include the following:
Evidence of your financial skills working with budgets and financial planning, including relevant principles and techniques as per the table below:
Principles and techniques
Budgeting .........................................
Cash flows ........................................
Electronic spreadsheets ........................................
GST .......................................
Ledgers and financial statements ......................................
Profit and loss statements .......................................
Question 1: The key requirements of financial record keeping and auditing, relevant legislation and current requirements of the Australian Taxation Office
Question 2: Evidence of working with and supporting your team and how you have disseminated relevant details to them
Question 3: Produce a final budget(s) and financial plan which includes recommendations and contingency plans for presenting to the appropriate senior person(s) in your organisation.