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?
Establish requirements of administrative document
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Examine legal administrative document to establish parameters of role and in accordance with previous instructions Completed |
Evidence:
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Confirm instructions contained within document and identify any other relevant advisers Completed |
Evidence:
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Identify and develop strategies for appropriate action to be taken for special needs and potential conflicts during interactions with client Completed |
Evidence:
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Determine appropriate actions to undertake instructions provided in documentation Completed |
Evidence:
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Identify client’s assets and liabilities
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Promptly determine client’s assets and ensure all relevant information and documents are obtained and checked Completed |
Evidence:
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Take steps to ensure that any real property is adequately insured and physically secured, if required Completed |
Evidence:
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Seek confirmation of liabilities and obtain accurate valuation of assets weighed against liabilities Completed |
Evidence:
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Prepare statement of assets and liabilities Completed |
Evidence:
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Manage administration requirements
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3.1 Identify client's financial needs for both income and capital, and prepare financial plan and investment strategy, with assistance of financial advisers where required Completed |
Evidence:
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Ensure that regular and periodic payments are established Completed |
Evidence:
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Establish taxation file with Australian Taxation Office (ATO) or liaise with client’s accountant where relevant Completed |
Evidence:
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Establish and maintain ongoing communication channels with client and/or relevant advisers Completed |
Evidence:
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3.5 Prepare regular statements of accounts and tax returns or liaise with client's accountant where relevant Completed |
Evidence:
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Continuously evaluate and review strategies
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Establish and implement ongoing review of financial plan Completed |
Evidence:
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Review assets and investment strategy periodically and make appropriate changes Completed |
Evidence:
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Provide ongoing management of client’s assets using procedures in accordance with relevant legislative and organisational requirements, and ensuring that client is treated in ethical and sensitive manner Completed |
Evidence:
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Identify client’s assets and liabilities
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Identify client’s assets and ensure all relevant information and documents are obtained and checked Completed |
Evidence:
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Arrange for any real property to be adequately insured and physically secured if required Completed |
Evidence:
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Indentify client's liabilities and obtain accurate valuation of assets weighed against liabilities Completed |
Evidence:
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Prepare and make a record of a statement of assets and liabilities according to organisational requirements Completed |
Evidence:
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