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?
Compile financial information and data
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Collect, evaluate and code currentfinancial datato ensure consistency, quality and accuracy in accordance withorganisational requirements Completed |
Evidence:
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Useconversion and consolidation proceduresto compile analysis in accordance with organisational requirements Completed |
Evidence:
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Make, record and disclose asset and liability valuations in accordance with organisational requirements Completed |
Evidence:
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Ensure thatdiscrepancies, unusual features or queries are identified, resolved or referred to the appropriate authority Completed |
Evidence:
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Prepare statutory requirement reports
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Correctly record income and expenditure to ensure compliance withstatutory requirements Completed |
Evidence:
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Calculate liabilities for tax in accordance with current legislation andrevenue gatheringpractices Completed |
Evidence:
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Correctly identify relevant receipts,revenue documentationand payments Completed |
Evidence:
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Ensure that statements and claims take full advantage ofavailable benefits andallowancesin accordance with statutory requirements Completed |
Evidence:
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Submit statutory requirement reports to appropriate authorities withinstated deadlines Completed |
Evidence:
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Provide financial business recommendations
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Ensure that recommendations are logically derived and supported byevidencein report Completed |
Evidence:
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Provide recommendations to propose constructive actions to enhance the effectiveness and efficacy of functions and services Completed |
Evidence:
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Ensure recommendations are concise and facilitate direction and control of organisation’s operations Completed |
Evidence:
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Identify and prioritise significant issuesin statements including comparative financial performances for review and decision making Completed |
Evidence:
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Ensure structure andformat of reportsare clear and conform to organisational and statutory requirements Completed |
Evidence:
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