Module Outline
Date retreived
22/07/2026 7:33 AM AWST
22/07/2026 7:33 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Budgeting Concepts
Budgeting Concepts
Module
National Code
State Code
15670
15670
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
30/06/1999
Field of Education
081199 - Banking, Finance And Related Fields, N.e.c.
Nominal Hours
40
Description
To provide an overview of the budget setting process for various types of operation and the purposes for setting budgets and the manner in which they may be used.
To provide an introduction to the different approaches to setting budgets and their possible motivational impact.
To provide an introduction to the different approaches to setting budgets and their possible motivational impact.
Range of Variables
This unit of competency is primarily a practical one. Consequently, the majority of the time will be taken up by learners working on practical examples by themselves or within groups.
The amount of instruction and the strategy followed will depend upon the existing knowledge/experience of the learner.
Some suggested modes of delivery are:
- formal lectures
- group solving of practical exercises
- individual solving of problems
- role play exercises
- learner presentations
The amount of instruction and the strategy followed will depend upon the existing knowledge/experience of the learner.
Some suggested modes of delivery are:
- formal lectures
- group solving of practical exercises
- individual solving of problems
- role play exercises
- learner presentations
Evidence Guide
Internal Assessment 100%
The testing of competency attainment is by a mixture of formal assessment at specific times during the module and the assessment of coursework. The coursework may be a formal presentation or the submission of a set assignment.
In order to be deemed competent the learner must reach an acceptable level of achievement.
The testing of competency attainment is by a mixture of formal assessment at specific times during the module and the assessment of coursework. The coursework may be a formal presentation or the submission of a set assignment.
In order to be deemed competent the learner must reach an acceptable level of achievement.
Elements and Performance Criteria
No information
No information
Associated Qual/Courses
| State Code | National Code | Title | Type |
|---|---|---|---|
| C156 | FNB50299 | Diploma of Accounting | Qualification |