The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Participate in formulation of a budget
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Gather budget planning information from relevant sources Completed |
Evidence:
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Identify priorities in relation to the organisation’s vision and plans Completed |
Evidence:
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Identify known sources of income as well as new sources of income Completed |
Evidence:
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Review expenditure for existing operations Completed |
Evidence:
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Review overhead expenditure Completed |
Evidence:
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Estimate expenditure for new initiatives and expansion Completed |
Evidence:
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Request budget variations to suit organisational needs Completed |
Evidence:
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Supervise financial transaction
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Arrange expenditure within budget delegations Completed |
Evidence:
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Record transactions to meet taxation and accounting requirements Completed |
Evidence:
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Compare actual sales and expenditure to the enterprise budget Completed |
Evidence:
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Check financial reports to ensure operations are within forecast limits Completed |
Evidence:
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Adjust expenditure to meet financial targets as required Completed |
Evidence:
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Report actual and potential variations in budgeted income Completed |
Evidence:
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Develop recommendations to address budget variations Completed |
Evidence:
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