Unit of competency Outline
Date retreived
21/07/2026 11:18 PM AWST
21/07/2026 11:18 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Administer cost centre's financial resources
Administer cost centre's financial resources
Unit of competency
National Code
PUAFIR505
PUAFIR505
State Code
OAY53
OAY53
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
08/04/2020
Field of Education
080101 - Accounting
Original Release Date
08/04/2020
Nominal Hours
30
Description
This unit of competency involves the skills and knowledge required to prepare budget estimates and to administer and report on budget performance. It includes preparing capital and recurrent budget estimates, administering financial budgets and managing forward planning activities.The unit is applicable to personnel required to manage the financial resources for a designated area of responsibility. A designated area of responsibility may include a region, brigade, business unit, department or a project involving the use and management of financial resources.The fire sector is those sections of government departments, statutory authorities or organisations that have responsibility under jurisdictional arrangements for the delivery of firefighting and fire management services.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Prepare capital and recurrent budget estimates
- 1.1 Capital and recurrent budget estimate is prepared to ensure that the necessary funds to operate a cost centre for a budgetary period are accurately determined
- 1.2 Budget details and supporting evidence are prepared and submitted, in accordance with organisational procedures and requirements
- 1.3 Budget review process is used to identify organisational priorities
2 Administer financial budget
- 2.1 Budget is administered, in accordance with organisational procedures and financial policies to ensure effective resource usage
- 2.2 Financial information is analysed and reported on, in accordance with organisational procedures, and actions are taken to achieve planned outcomes
- 2.3 Expenditure is monitored and evaluated on a regular basis, in accordance with organisational procedures
3 Manage forward planning activities
- 3.1 Resource availability in relation to forward planning for staffing, plant, equipment and appliances is continuously monitored and managed, in accordance with organisational procedures
- 3.2 Financial planning processes for activities and projects are managed, in accordance with organisational procedures
- 3.3 Financial plans are updated to reflect changing circumstances
- 3.4 Expenditure on new projects and initiatives is proposed, justified and negotiated, in accordance with organisational procedures
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| WG149 | PUAFIR505B | Administer cost centre's financial resources | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| BEO0 | PUA50519 | Diploma of Public Safety (Firefighting Management) | Qualification |