Unit of competency Outline

Date retreived
22/07/2026 3:38 PM 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.

Manage budgets

Manage budgets

Unit of competency
National Code
HLTAHW523B
State Code
D5713
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
25/03/2011
View on TGA
State Implementation and Classification
Approved Date
26/07/2011
Field of Education
080101 - Accounting
Original Release Date
26/07/2011
Nominal Hours
40
Description
This unit describes the competencies required to manage the day-to-day responsibilities of administering program, work unit or cost centre budgets
Notes
Elements and Performance Criteria
1. Prepare budget
  • 1.1 Identify and document workplace resource needs in accordance with workplace action plans
  • 1.2 Cost and record funding needs
  • 1.3 Prepare budget document and present to supervisor (or other relevant authority) for endorsement
2. Monitor budget expenditure
  • 2.1 Maintain systems for monitoring finances
  • 2.2 Ensure money is expended according to the endorsed budget document
  • 2.3 Identify changing priorities and discuss with supervisor (or other relevant authority)
  • 2.4 Amend budget document in response to changing priorities
  • 2.5 Satisfy accountability requirements
No information
No information
Replaced By
State Code National Code Title Type
WG715 HLTAHW064 Manage budgets Unit of competency
No information