Skill set Outline
Information current as of
11/09/2026 1:58 AM AWST
11/09/2026 1:58 AM 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.
Small Business Financial Management Skill Set
Small Business Financial Management Skill Set
Skill set
National Code
BSBSS00050
BSBSS00050
State Code
AC904
AC904
TGA Status
Deleted
Deleted
DTWD Status
Deleted
Deleted
National Endorsed, State Implementation and Classification
AQF Level
—
Field of Education
—
Skillset Type
National
Original TGA Release Date
25/03/2015
Current Release Date
27/09/2018
Current Release Number
3.00
Approved Date
22/12/2017
Nominal Hours
130
Duration
1 Semester
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 3.00 | 27/09/2018 | Current | Approved |
| 2.00 | 14/01/2016 | Replaced | Replaced |
| 1.00 | 25/03/2015 | Replaced | Replaced |
Description
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.
Pathway Information
Units in this skill set may provide credit towards BSB30315 Certificate III in Micro Business Operations, BSB42515 Certificate IV in Small Business Management and BSB42615 Certificate IV in New Small Business.
Licensing / Regulatory Information
No licensing, legislative or certification requirements apply to this skill set at the time of publication.
Target Group
Managers and leaders
Suggested words for statement of attainment
These units of competency meet the industry requirements for financial management.
General notes
Schedule
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| AUL64 | BSBSMB304 | Determine resource requirements for the micro business | 30 | Unit of competency |
| OAE73 | BSBSMB421 | Manage small business finances | 50 | Unit of competency |
| AUH17 | BSBSMB402 | Plan small business finances | 50 | Unit of competency |
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AB582 | BSBSS00018 | Small Business Financial Management Skill Set | Skill set |