Modification History
Not applicable.
Description
A set of skills to understand basic financial concepts in budget preparation and management to equip individuals for work in any sector of the tourism, travel and hospitality industry.
Pathways Information
Achievement of these units provides credit towards qualifications in the SIT Tourism, Travel and Hospitality Training Package.
Licensing/Regulatory Information
No occupational licensing, certification or specific legislative requirements apply to this skill set at the time of publication.
Skill Set Requirements
Unit code |
Unit title |
SITXFIN008 |
Interpret financial information |
SITXFIN009 |
Manage finances within a budget |
SITXFIN010 |
Prepare and monitor budgets |
Target Group
This skill set is for those tourism, travel and hospitality industry personnel who have responsibility for budget preparation and management.
Suggested words for Statement of Attainment
These units of competency from the SIT Tourism, Travel and Hospitality Training Package provide a set of skills to apply an understanding of basic financial concepts to effectively prepare and manage budgets.