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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Funds are allocated according to agreed priorities and council requirements. Completed |
Evidence:
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All relevant people are kept informed of resource decisions, allocations and usage. Completed |
Evidence:
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Records of resource allocation and usage are current and complete according to relevant legislation and council or departmental requirements. Completed |
Evidence:
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Manage cash flow
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All documentation on cash flow is up to date and accurate. Completed |
Evidence:
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Cash receipts and payments are monitored against budgeted cash flow. Completed |
Evidence:
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Relevant employees and departments are consulted to determine the likely pattern of cash flows and to anticipate any unusual receipts or payments. Completed |
Evidence:
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Forecasts of future cash flows are made in accordance with available information. Completed |
Evidence:
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Cash budgets are presented in the approved format and clearly indicate net cash requirements. Completed |
Evidence:
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Significant deviations from the projected cash flow requirements are identified, assessed and appropriate action is taken. Completed |
Evidence:
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Cash budgets are developed to ensure effective utilisation of available funds whilst maintaining an adequate level of liquidity. Completed |
Evidence:
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Monitor and control activities against budget
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Systems are implemented to facilitate timely and accurate monitoring of actual income and expenditure against budgetary predictions. Completed |
Evidence:
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Actual income and expenditure are checked against budgets at regular designated intervals. Completed |
Evidence:
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Deviations from expected budget estimates or expenditure are identified and addressed and/or reported according to council requirements. Completed |
Evidence:
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Departments and relevant employees are advised of financial status with regard to budget allocations and expenditure. Completed |
Evidence:
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Prepare reports
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Accurate, clear and concise financial reports are prepared within required time frames according to council or departmental auditing and legislative requirements. Completed |
Evidence:
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Allocate funds
|
|
Funds are allocated according to agreed priorities and council requirements. Completed |
Evidence:
|
All relevant people are kept informed of resource decisions, allocations and usage. Completed |
Evidence:
|
Records of resource allocation and usage are current and complete according to relevant legislation and council or departmental requirements. Completed |
Evidence:
|
Manage cash flow
|
|
All documentation on cash flow is up to date and accurate. Completed |
Evidence:
|
Cash receipts and payments are monitored against budgeted cash flow. Completed |
Evidence:
|
Relevant employees and departments are consulted to determine the likely pattern of cash flows and to anticipate any unusual receipts or payments. Completed |
Evidence:
|
Forecasts of future cash flows are made in accordance with available information. Completed |
Evidence:
|
Cash budgets are presented in the approved format and clearly indicate net cash requirements. Completed |
Evidence:
|
Significant deviations from the projected cash flow requirements are identified, assessed and appropriate action is taken. Completed |
Evidence:
|
Cash budgets are developed to ensure effective utilisation of available funds whilst maintaining an adequate level of liquidity. Completed |
Evidence:
|
Monitor and control activities against budget
|
|
Systems are implemented to facilitate timely and accurate monitoring of actual income and expenditure against budgetary predictions. Completed |
Evidence:
|
Actual income and expenditure are checked against budgets at regular designated intervals. Completed |
Evidence:
|
Deviations from expected budget estimates or expenditure are identified and addressed and/or reported according to council requirements. Completed |
Evidence:
|
Departments and relevant employees are advised of financial status with regard to budget allocations and expenditure. Completed |
Evidence:
|
Prepare reports
|
|
Accurate, clear and concise financial reports are prepared within required time frames according to council or departmental auditing and legislative requirements. Completed |
Evidence:
|