NZQA registered unit standard / 18039 version 2
Page 3 of 3
Title / Administer the finances of a sport team
Level / 3 / Credits / 3
Purpose / People credited with this unit standard are able to: establish the financial requirements of a sport team and develop a team budget; and prepare financial records for all items of income and expenditure for a sport team.
Classification / Recreation and Sport > Recreation and Sport - Management
Available grade / Achieved

Explanatory notes

Sport teams include both individual and team sports; team members include competitors, coaches, managers, medical and support personnel. A team may be comprised of one individual or a group of individuals.

Outcomes and evidence requirements

Outcome 1

Establish the financial requirements of a sport team and develop a team budget.

Evidence requirements

1.1 The financial requirements of a sport team are established in consultation with all interested parties.

Range interested parties may include but are not limited to – team members, team coach, team manager, committee members of the sport club or organisation, parents of the team members.

1.2 A team budget to meet the financial requirements of the team is developed and documented and complies with the financial plan of the sport club or organisation.

1.3 Plans to secure income through fundraising activities are developed and implemented according to the financial plan of the sport club or organisation.

Range fundraising activities may include but are not limited to – sponsorship, grant applications, donations, lotteries, working bees.

Outcome 2

Prepare financial records for all items of income and expenditure for a sport team.

Evidence requirements

2.1 Procedures for handling cash transactions are described in accordance with the requirements of the sport club or organisation.

Range procedures may include but are not limited to – receiving cash, banking money, making payments, recording cash transactions, checking and reconciling transactions.

2.2 Cash receipt records for income received are prepared in accordance with the financial documentation requirements of the sport club or organisation.

2.3 Cash payment records for payments made are prepared in accordance with the financial documentation requirements of the sport club or organisation.

2.4 Income and expenditure are administered according to the documented team budget.

Planned review date / 31 December 2012

Status information and last date for assessment for superseded versions

Process / Version / Date / Last Date for Assessment /
Registration / 1 / 12 February 2001 / 31 December 2012
Rollover and Revision / 2 / 20 May 2011 / N/A
Consent and Moderation Requirements (CMR) reference / 0099

This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.

Please note

Providers must be granted consent to assess against standards (accredited) by NZQA, or an inter-institutional body with delegated authority for quality assurance, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment.

Industry Training Organisations must be granted consent to assess against standards by NZQA before they can register credits from assessment against unit standards.

Providers and Industry Training Organisations, which have been granted consent and which are assessing against unit standards must engage with the moderation system that applies to those standards.

Requirements for consent to assess and an outline of the moderation system that applies to this standard are outlined in the Consent and Moderation Requirements (CMRs). The CMR also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements.

Comments on this unit standard

Please contact Skills Active Aotearoa Limited if you wish to suggest changes to the content of this unit standard.

Skills Active Aotearoa Limited
SSB Code 101576 / Ó New Zealand Qualifications Authority 2011