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?
Monitor status of corporate insolvency and analyse potential risk
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Identify factors in corporate client accounts that may contribute to possible corporate insolvency situations and risk factors to creditor organisation Completed |
Evidence:
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Analyse impact of insolvency options that may be taken by liquidator, administrator, receiver or other third party Completed |
Evidence:
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Discuss possible effects of actions with line manager if required to determine correct action Completed |
Evidence:
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Determine appropriate action
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Evaluate corporate insolvency actions in accordance with legislative rights and obligations of both debtor and creditor Completed |
Evidence:
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Complete appropriate documentation in accordance with legislative requirements and organisational policy to implement appropriate action and commence legal proceedings Completed |
Evidence:
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Review circumstances which led to corporate insolvency situation
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Evaluate causes for corporate insolvency and review organisational procedures to determine mechanisms to identify contributing factors and prevent recurrence of loss and exposure to insolvency risk Completed |
Evidence:
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Implement outcome of review as required Completed |
Evidence:
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