This unit describes the skills and knowledge required to develop and monitor a budget for scheduled and unscheduled maintenance in aircraft and aeronautical product maintenance organisations, including engineering and logistic support areas. It involves applying regulatory requirements and organisational policies, procedures and processes. Work may be performed individually or as part of a team.It covers the competencies required to manage budgeting activities in aircraft and aeronautical product maintenance and logistic support activities other than major maintenance budgets associated with integrated logistic support (ILS) maintenance programs. Competencies related to these programs are partly covered by MEACOM0023 Perform aviation maintenance-related integrated logistic support management activities. Individuals involved in the management of such programs may, as an alternative to MEACOM0020 Manage budgetary resources in the aviation maintenance environment, consider attainment of PSPMGT009 Manage public sector financial resources, from the PSP Public Sector Training Package. Those who are accountable managers of maintenance organisations may, instead of this unit, consider attaining MEACOM0030 Prepare and manage aviation maintenance organisation budgets and financial plans.The unit is used in workplaces that operate under the airworthiness regulatory systems of the Civil Aviation Safety Authority (CASA) and the Defence Aviation Safety Authority (DASA).Any other relevant legislation, industry standards and codes of practice within Australia must be applied.