Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSCRD505 Mapping and Delivery Guide
Respond to corporate insolvency situations
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSCRD505 - Respond to corporate insolvency situations |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to respond to corporate insolvency and its effect on creditors, and to determine actions required in an insolvency situation.It applies to individuals in positions of responsibility who may use managerial and other specialist techniques to perform their work. 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 related to managing insolvency. 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 corporate insolvency and analyse potential risk |
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Element: Determine appropriate action |
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Element: Review circumstances which led to corporate insolvency situation |
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