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Skill set details

BSBSS00050 - Small Business Financial Management Skill Set (Release 3)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes and is equivalent to BSBSS00018 - Small Business Financial Management Skill SetUpdated to meet Standards for Training Package 24/Mar/2015

Release Status:
Current
Releases:
ReleaseRelease date
3 (this release) 27/Sep/2018
(View details for release 2) 14/Jan/2016
(View details for release 1) 25/Mar/2015

Training packages that include this skill set

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Modification History

Release 

Comments 

Release 3

This version first released with BSB Business Services Training Package Version 3.0.

Version created to update codes and titles in unit list.

Release 2

This version released with BSB Business Services Training Package Version 2.0.

Version created to update Pathways.

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

Description

This skill set is for small business practitioners who are managing finances for a small business. It may relate to people who are establishing or operating a micro business providing for self-employment.

Pathways Information

Units in this skill set may provide credit towards BSB30315 Certificate III in Micro Business Operations, BSB42515 Certificate IV in Small Business Management and BSB42615 Certificate IV in New Small Business.

Licensing/Regulatory Information

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

Skill Set Requirements

BSBSMB304 Determine resource requirements for the micro business

BSBSMB402 Plan small business finances

BSBSMB421 Manage small business finances

Target Group

Managers and leaders

Suggested words for Statement of Attainment

These units of competency meet the industry requirements for financial management.