Manage Budget and Financial Plans

Face to face duration: 2 days

Course Objectives

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This two (2) days course describes the performance outcomes, skills and knowledge required to undertake financial management within a work team in an organisation. This includes: planning and implementing financial management approaches; supporting team members whose role involves aspects of financial operations; monitoring and controlling finances and reviewing and evaluating effectiveness of financial management processes in line with the financial objectives of the work team and the organisation.

Learning Outcomes

  1. Plan financial management approaches.
  2. Implement financial management approaches.
  3. Monitor and control finances.
  4. Review and evaluate financial management processes.


  • Account manager, Financial administrator, Financial controller, and Project officer


  • Develop financial skills required to work with and interpret: budgets; ageing summaries; cash flow; petty cash and profit and loss statements.
  • Knowledge of the recordkeeping requirements.
  • Access budget/financial plans for the work team.
  • Ensure that documented outcomes are achievable, accurate and comprehensible.
  • Negotiate any changes required to be made to budget/financial plans.
  • Determine and access resources and systems to manage financial management processes within the work team.
  • Analyse data and information on the effectiveness of financial management processes.
  • Implement and monitor agreed improvements in line with financial objectives.


  • Basic accounting principles.
  • Organisational requirements related to financial management.
  • Relevant legislation and current requirements.
  • Requirements for organisational recordkeeping and auditing.
  • Principles and techniques involved in:
    • budgeting
    • cash flows
    • electronic spreadsheets
    • ledgers and financial statements.
  • Profit and loss statements.


"The Student Manual is a logical, carefully thought through and well presented document. The face-to-face facilitators are helpful, patient, knowledgeable and passionate. Thank you for the time and effort that blueVisions have put into preparing and supporting this course."

David Thorpe iiNet Australia

"Your personal contribution to our training has been invaluable. Your infectious high spirits and genuine want for our success have shone through. I sincerely thank you for your efforts over the past two years."

Stephen Davies Group Manager, Construction Services Group, NSW

"Your course made me realise how irrelevant what I was learning through my university course actually was to my job. Due to this, I will be seeking to complete the remainder of the modules in this diploma through blueVisions."

Damien Bleeker Project Coordinator, Liverpool City Council, NSW

"Thank you for a wonderful course....This has been by far the best development course I've ever been a part of."

David Darcy LSPSPO - Defence Materiel Organisation

"Having sat in at various times in both courses, as well as being present for the final summary and feedback sessions I was really impressed with the positive feedback and outcomes. The blueVisions trainers did an awesome job and really motivated and inspired both groups. The level of the course was spot on for each group."

Brian Clarke Leadership Development Coordinator, Gasco