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?
Allocate funds
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Allocate funds in accordance with the budget and agreed priorities Completed |
Evidence:
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Keep all relevant personnel fully informed of budgetary decisions Completed |
Evidence:
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Make colleagues aware of the importance of budget control Completed |
Evidence:
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Accurately detail records of resource allocation in accordance with organisational control systems Completed |
Evidence:
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Monitor and control expenditure
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Check actual income and expenditure against budgets at regular intervals Completed |
Evidence:
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Identify areas for improved budget performance and investigate options Completed |
Evidence:
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Prepare income and expenditure reports and present in the required format to relevant personnel Completed |
Evidence:
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Identify deviations from the budget, the reasons for deviation and take appropriate action Completed |
Evidence:
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Present recommendations clearly and logically to relevant personnel Completed |
Evidence:
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Advise relevant personnel of budget status in accordance with agreed timeframes Completed |
Evidence:
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Complete financial reports
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Accurately complete all required financial and statistical reports within designated timelines Completed |
Evidence:
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Make recommendations regarding future financial planning as appropriate Completed |
Evidence:
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Make reports clear and concise, and check for accuracy. Completed |
Evidence:
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Promptly forward reports to relevant personnel Completed |
Evidence:
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