Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSCRD501 Mapping and Delivery Guide
Respond to personal insolvency situations
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSCRD501 - Respond to personal insolvency situations |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to monitor personal insolvency, analyse risk impact on creditors and determine required actions. It applies to individuals who may use a range of managerial techniques to analyse and review actions performed in their job role. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the credit management field of work and include access to: common office equipment, technology and consumables credit product information relevant software systems and data organisational policy and procedures. Assessors must satisfy NVR/AQTF assessor requirements. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Monitor status of insolvency and analyse potential risk |
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Element: Determine appropriate action |
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Element: Review circumstances which led to the personal insolvency situation |
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