Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSORG506A Mapping and Delivery Guide
Prepare financial forecasts and projections
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSORG506A - Prepare financial forecasts and projections |
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Description | This unit describes the performance outcomes, skills and knowledge required to plan and schedule a financial forecast or projection, identify assumptions and parameters, and collect, consolidate and analyse data to make forecasts or projections before documenting results and obtaining approval.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit may apply to forecasting job roles in any sector of the financial services industry. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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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: Plan preparation timetable |
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Element: Identify assumptions and parameters |
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Element: Issue instructions and relevant aids for preparation of forecasts and projections |
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Element: Collect, consolidate, model and analyse data |
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Element: Document results and obtain approval |
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