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Evidence Guide: CPPREP4261 - Appraise business for sale

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

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

 

CPPREP4261 - Appraise business for sale

What evidence can you provide to prove your understanding of each of the following citeria?

Obtain, interpret and confirm instructions.

  1. Confirm client requirements and instructions for business appraisal according to legislative requirements.
  2. Discuss agency requirements and processes for business appraisal with client.
  3. Confirm status and ownership of business to be appraised.
  4. Obtain agreement to proceed with business appraisal according to legislative requirements.
Confirm client requirements and instructions for business appraisal according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Discuss agency requirements and processes for business appraisal with client.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm status and ownership of business to be appraised.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Obtain agreement to proceed with business appraisal according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct research to support business appraisal.

  1. Select and apply business appraisal methodology suitable to the business type and available information.
  2. Access and analyse required documents, reports and financial data for business being appraised.
  3. Access and analyse current market data and trends effecting sale of business being appraised.
  4. Verify accuracy and reliability of collated data and seek additional information according to appraisal methodology.
Select and apply business appraisal methodology suitable to the business type and available information.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Access and analyse required documents, reports and financial data for business being appraised.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Access and analyse current market data and trends effecting sale of business being appraised.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Verify accuracy and reliability of collated data and seek additional information according to appraisal methodology.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete business appraisal and present to client.

  1. Analyse research findings to ascertain final appraisal and record outcome according to agency requirements and client instructions.
  2. Prepare business appraisal report in an acceptable format, highlighting findings and rationale.
  3. Present report to client.
  4. Securely retain records and documentation according to agency requirements.
Analyse research findings to ascertain final appraisal and record outcome according to agency requirements and client instructions.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare business appraisal report in an acceptable format, highlighting findings and rationale.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present report to client.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Securely retain records and documentation according to agency requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge