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Statement of Attainment Small Business Financial Management Skill Set BSBSS00050

Overview

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.

Qualification: Statement of Attainment - Small Business Financial Management Skill Set BSBSS00050
Program No: SA-BT10
Campus: CIT Reid 
Duration: 1 semester part time (approximately 4.5 hours one day per week)

Delivery will be via classroom based workshops. Additional individual research reading, skill development of approximately 4 hours per week will be required outside of class time.
Cost Info: Details available from the contact officer at Skilled Capital for Industry and Business
Likely Job Outcome: Gives you the skills and knowledge to manage small business finances.
Application Type: Register Your Interest
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Entry Requirements / How to Apply

You must be working or self-employed in a small business in the ACT.

To study any course at CIT (excluding degrees and non-accredited training) you must have a Unique Student Identifier (USI).

  • Literacy Skills Information

    • We suggest that you will need Australian Core Skills Framework levels of at least 2 across reading, writing, learning, oral communication and, depending on your program of study, numeracy skills to successfully complete this program. See below to check your literacy skills. If you do not have this level, you can still enrol and seek support to improve your skills or you may prefer to begin with a lower level program, or enrol in the Certificate I in Skills for Vocational Pathways (FSK10213) to develop your literacy skills. Please visit Education and Community or phone (02) 6207 4872 to have a chat to one of our teachers.

  • Transition Information

    • Qualifications at CIT are regularly updated or replaced to meet current industry needs and maximise your employment opportunities. If this occurs while you are part way through a qualification, you may need to vary your learning to meet the new national requirements. CIT will aim to make this as smooth as possible for you.

  • Subject Cancellations/Changes

    • To ensure positive outcomes for all students, CIT may need to cancel or change classes at short notice. CIT will make every effort to inform students as soon as changes are made and will also make every effort to offer alternative arrangements for students to meet the requirements of the subject and complete their qualification. In an unfortunate instance when this cannot be met, you will receive a full refund. Please ensure you maintain current contact details via CIT Self Service or by contacting CIT Student Services at infoline@cit.edu.au.


Subject Information

Core - complete all 3 subjects

  • BSBSMB304 Determine resource requirements for the micro business
    • CIT Code: BUSN137
      Description:

      This unit describes the skills and knowledge required to select options for resource acquisition, develop procedures and systems for efficient installation, and use and maintain resources.
      It applies to individuals who are establishing or operating a micro business providing self-employment.

      Prerequisites: Nil
  • BSBSMB402 Plan small business finances
    • CIT Code: MGNT357
      Description:

      This unit describes the skills and knowledge required to identify financial requirements of a business, including profit targets, cash flow projections and strategies to garner financial support.
      It applies to individuals who operate a small business or work within an existing micro or small businesses and interpret financial data.

      Prerequisites: Nil
  • BSBSMB406 Manage small business finances
    • CIT Code: MGNT329
      Description:

      This unit describes the skills and knowledge required to implement and review financial management strategies on a regular basis.
      It applies to individuals who operate a small business that stands alone, or is part of a department within a larger organisation. Individuals in this role interpret financial reports and other numerical data to develop financial management strategies.

      Prerequisites: Nil

Related Courses

Advanced Diploma Accounting FNS60215
Diploma Accounting FNS50215
Certificate IV Bookkeeping FNS40215
Certificate IV Accounting FNS40615
Certificate III Accounts Administration FNS30315
Statement Attainment BAS Agent Registration Skill Set FNSSS00004
Statement Attainment Commercial Law for Tax Agents Skill Set FNSSS00005
Statement Attainment Tax Law for Tax Agents Skill Set (Tax documentation) FNSSS00008
Statement Attainment training Bookkeeping using MYOB [extract from BSB30415]
Non-Accredited Training Accounts for Trades

More Information

For more information about this course please contact CIT Student Services on (02) 6207 3188 or email infoline@cit.edu.au