Google Links

Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Compile and analyse financial data
   • Collect, evaluate and code currentfinancial datato ensure consistency, quality and accuracy in accordance withorganisational requirements
   • Useconversion and consolidation proceduresto compile data in accordance with organisational requirements
   • Make, record and disclose asset and liability valuations in compliance with accounting standards
   • Ensure thatdiscrepancies, unusual features or queries are identified, resolved or referred to the appropriate authority
   • Identify and record effects of taxation
2. Prepare reports
   • Correctly record income and expenditure to ensure compliance withstatutory requirements
   • Correctly identify relevant receipts,revenue documentationand payments
   • Prepare reports according to statutory and ethical requirements, and organisational procedures relating to conflict of interest, confidentiality, and disclosure statements
   • Present charts, diagrams, tables and supporting data in required format
   • Review statements and data for errors and compliance with statutory requirements and organisational procedures, and amend as required
   • Submit statutory requirement reports to appropriate authorities withinstated deadlines
3. Provide financial business recommendations
   • Review recommendations and ensure they are logically derived and supported byevidence
   • Provide recommendations to enhance the effectiveness of functions and services
   • Ensure recommendations are concise and relevant to the direction and control of organisational operations
   • Identify and prioritise significant issuesin statements including comparative financial performances for review and decision making
   • Ensure structure andformat of reportsare clear and conform to organisational and statutory requirements