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?
Review data
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Costs of, and returns from, assets and liabilities are analysed using standard accounting techniques to identify extent of debt and equity financing Completed |
Evidence:
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Data identifies costs of different forms of capital to the organisation Completed |
Evidence:
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Asset and liability estimates and valuation criteria are standardised and regularly adjusted in line with changes to environmental factors Completed |
Evidence:
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Determine options
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Long and short term periods are established for the organisation by reference to strategic goals, cash flow requirements and operational objectives Completed |
Evidence:
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Long term financing requirements are identified and costed in line with the organisation's expected revenue returns, cash flows and asset base Completed |
Evidence:
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Sources of financing are researched and evaluated to determine compatibility with the organisation's finance strategy Completed |
Evidence:
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Investment analysis and financial planning requirements are identified and analysed Completed |
Evidence:
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Implement strategies
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Financial plans are structured to meet strategic goals and provide returns within long and short term operational objectives Completed |
Evidence:
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Short and long term objectives for organisation's capital structure are developed in line with operational and strategic plans Completed |
Evidence:
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Internal control procedures are established in consultation with stakeholders to support implementation and to meet possible emergencies Completed |
Evidence:
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Portfolio management techniques are applied Completed |
Evidence:
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Evaluate outcomes
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Interrelationships between long and short term objectives are monitored to ensure consistency of returns between operational and investment plans Completed |
Evidence:
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Costs and returns are assessed to determine ongoing viability of strategy Completed |
Evidence:
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Tax efficiency of financial strategy is regularly reviewed to maintain optimal returns from assets Completed |
Evidence:
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