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National code: SITSS00043

Statement of Attainment in Understanding Financial Concepts for Budgeting

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Overview About this course

Gain a strong understanding of basic financial concepts. Learn how to interpret financial information, prepare and monitor budgets, and manage finances. Set yourself up for success to work in supervisory roles in any sector of the tourism, travel and hospitality industry or run your own business.

This course is superseded. You can still enrol in this course, and you will be contacted if you need to transition into the next version when it is available.

Outcomes What You'll Gain

Learning Outcomes

Through a mixture of theory and practical course work, learn to:

  • Gain a strong understanding of basic financial concepts. Learn how to interpret financial information, prepare and monitor budgets, and manage finances. Set yourself up for success to work in supervisory roles in any sector of the tourism, travel and hospitality industry or run your own business.

Course Outcomes

Gain practical experience and develop specialist skills that give you an advantage in the job market.

  • A nationally accredited Statement of Attainment

  • Credit toward a full qualification

  • Strong pathways to continue your studies and enhance your career opportunities

  • The skills and knowledge to manage the finances of a small business

  • Experience in interpreting financial information and preparing and monitoring budgets

Suitability Is This Course Right For You?

Entry requirements

Some courses require evidence of previous experience or study before you can enrol

  • There are no entry requirements for this qualification. You can enrol today.

Entry recommendations

To be prepared for this course, we recommend that you have:

  • High attention to detail

  • Confidence working with numbers and calculations

  • The ability to study independently

  • An interest in working in the hospitality, or tourism and travel industry

TAFE NSW is committed to meeting the learning needs of every community. Meeting these needs can mean there are additional entry requirements at different campus locations. Check your preferred location for further requirements. If you need help preparing for study, contact us to find out how we can support you.

Pathways Future Career and Study Options

Career pathways

Our graduates go onto roles like: business owner, supervisor and team leader.

Study pathways

Take your study further with other courses offered at TAFE NSW:

Previous study 0 Courses

Begin here to gain experience and confidence in this study area.

The Statement of Attainment in Understanding Financial Concepts for Budgeting does not have any pre-requisite courses.

Further study 3 Courses

Advance your skills to take your career to the next level

Related study 2 Courses

Strengthen your expertise and gain specialist skills to expand your employability.

Your experience counts

At TAFE NSW, we recognise your previous study and work experience. You can apply for recognition of prior learning or a credit transfer with any of our courses. If you're successful you'll get your qualification faster.

Units Units taught in this course

Core units are central to the job outcomes of a particular industry or occupation. These are the units industry has agreed are essential to be capable and qualified at a particular study level.

  • Interpret financial information SITXFIN002

  • Prepare and monitor budgets SITXFIN004

  • Manage finances within a budget SITXFIN003

TAFE NSW Services Facilities and Support

TAFE NSW provides support services across all campus locations and online. Whatever your needs or circumstances, we have the people, resources, counselling and facilities to support you in focusing on your studies.

  • TAFE NSW Disability Support Service

  • TAFE NSW Language, Literacy and Numeracy (LLN) support

  • TAFE NSW Aboriginal Support; Learner support (ABE)

  • TAFE NSW Careers, Counselling and Pathways Service

  • TAFE NSW Libraries

  • Scholarship programs – be supported as you explore your talents and fulfil your potential

  • Smarthinking - online access to a tutor

  • LinkedIn Learning – an online resource which offers innovative courses and tutorials to improve your personal and professional skills

  • Student associations – get social with our student community

Delivery Options Find a Location to Enrol

On campus, online and blended study environments; at TAFE NSW your learning works with your lifestyle. Heart your favourites, compare courses and discover what works for you.