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?
Gather and analyse relevant budget information
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Establish a budget working-group Completed |
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Review and analyse previous year’s budget performance Completed |
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Gather budget planning information from relevant sources Completed |
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1.4 Identify priorities in relation to organisation's vision and plans Completed |
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Identify and document income and expenditure
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Identify known sources of income Completed |
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Identify new sources of income and amounts for new activities Completed |
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Review expenditure for existing operations Completed |
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Estimate expenditure for new initiatives and expansions Completed |
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Identify potential problem areas Completed |
Evidence:
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Ensure procedures are in place to document all identified items in a readily accessible and useful format Completed |
Evidence:
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Oversee budget preparation
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Contribute to budget development Completed |
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Review budget documentation and clarify where required Completed |
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Review draft budgets and propose modifications if required Completed |
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Ensure contingency plans are included in the budget Completed |
Evidence:
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Review and finalise budget
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Ensure expenditure commitments are in line with final income figures Completed |
Evidence:
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Work with other board members and management to finalise and approve annual budget Completed |
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Present final annual budget to the community Completed |
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Review and update budget regularly Completed |
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