BSBESB407 Manage finances for new business ventures

This unit describes the skills and knowledge required to implement and review financial management strategies, including by using new and emerging digital technologies and interpreting financial reports and other numerical data. The unit applies to those establishing a business providing self-employment, as well as those establishing a new venture as part of a larger organisation. No licensing, legislative or certification requirements apply to this unit at the time of publication.

Nil

• Basic Language, literacy and numeracy skills in English (LLN)
• Victorian Student Number (VSN) – Victoria only
• Unique Student Identifier (USI) – Australia wide
• Access to a functional pc or tablet device with video recording capabilities, internet access and Chrome internet browser.

The course covers the theory and practice associated with:

• Implement financial strategy
• Monitor financial performance
• Review financial performance

This unit is completed by self-paced work online. The nominal hours for the course are 75hrs Online access remains live for 3 months. Please see information below regarding extensions.

Online

Demonstrate knowledge required to complete the tasks outlined in elements and performance criteria of this unit. Refer to training.gov.au for more specific examples on assessments and tasks. Video footage of demonstration is acceptable.

Online

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