^

 
 

Skill set details

SITSS00033 - Understanding Basic Financial Concepts (Release 1)

Summary

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Is superseded by SITSS00043 - Understanding Financial Concepts for BudgetingUpdated to meet Standards for Training Packages 02/Mar/2016

Releases:
ReleaseRelease date
1 1 (this release) 30/Jul/2013

The content being displayed has been produced by a third party, while all attempts have been made to make this content as accessible as possible it cannot be guaranteed. If you are encountering issues following the content on this page please consider downloading the content in its original form

Modification History

The version details of this skill set are in the table below. The latest information is at the top.

Version 

Comments 

1.2

New skill set.

Description

Pathways Information

Achievement of these units provides credit towards a number of qualifications from the SIT12 Tourism, Travel and Hospitality Training Package.

Licensing/Regulatory Information

No licensing, legislative, regulatory or certification requirements apply to this skill set at the time of endorsement.

Skill Set Requirements

Units 

Unit Code 

Unit Title 

SITXFIN401

Interpret financial information

SITXFIN402

Manage finances within a budget

SITXFIN501

Prepare and monitor budgets

Target Group

Tourism, travel and hospitality personnel who have a responsibility for financial management within the workplace.

Suggested words for Statement of Attainment

These units of competency from the SIT12 Tourism, Travel and Hospitality Training Package provide a set of skills to effectively manage financial operations within an organisation.