Reference no: EM133039957
In a workplace or simulated workplace environment, manage the budget and financial plan of an organisation for one reporting period.
You must ensure that you:
-Communicate with relevant people to clarify budget and financial plans, negotiate changes and disseminate information
-Prepare, implement and modify financial contingency plans
-Monitor expenditure and control costs.
-Support and monitor team members
-Report on budget and expenditure
-Review and make recommendations for improvements to financial processes
-Meet record-keeping requirements for Australian taxation office (ATO) and for auditing purposes.
You may choose to manage the budget and financial plan for your own organisation, or an organisation of your choice. This activity can be completed over the course of two weeks (can be longer if needed).
Prepare a one to two page report on how you have managed and completed each task, and submit this to the assessor on completion.
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