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 data
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Data are obtained, systematically coded, classified and checked for accuracy and reliability in accordance with organisational policies, procedures and accounting standards Completed |
Evidence:
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Conversion and consolidation procedures are used to compile data in accordance with organisational policies and procedures Completed |
Evidence:
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Valuations in compliance with relevant accounting standards and effects of taxation are identified and recorded Completed |
Evidence:
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Identify appropriate reporting entities
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Partially owned subsidiaries and controlled entities are identified Completed |
Evidence:
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Joint ventures and other entities to be included in reports are identified Completed |
Evidence:
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Appropriate accounting treatments for reporting entities are identified and applied Completed |
Evidence:
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Prepare reports
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Structure and format of reports that may include charts, diagrams and supporting data are clear and conform to statutory and other regulatory requirements and organisational procedures Completed |
Evidence:
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Statements and data are error free, comprehensive and comply with statutory and other regulatory requirements and organisational procedures Completed |
Evidence:
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Reports are prepared in accordance with the corporation law, accounting standards, securities exchange listing requirements and Generally Accepted Accounting Principles (GAAP), and disclosure requirements complied with Completed |
Evidence:
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Analyse reports
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Significant issues in statements including comparative financial performances are identified Completed |
Evidence:
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Implications of analysis are reported to appropriate levels of management and external bodies Completed |
Evidence:
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