Formats and tools
- Unit Description
- Reconstruct the unit from the xml and display it as an HTML page.
- Assessment Tool
- an assessor resource that builds a framework for writing an assessment tool
- Assessment Template
- generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
- Assessment Matrix
- a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
- Wiki Markup
- mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
- Evidence Guide
- create an evidence guide for workplace assessment and RPL applicants
- Competency Mapping Template
- Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
- Observation Checklist
- create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)
- Self Assessment Survey
- A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
- Moodle Outcomes
- Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
- Registered Training Organisations
- Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSASICL503A, 'Provide advice in the regulated emissions market'.
- Google Links
- links to google searches, with filtering in place to maximise the usefulness of the returned results
- Books
- Reference books for 'Provide advice in the regulated emissions market' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)
Elements and Performance Criteria
1. Establish relationship with client | 1.1 Establish relationship with client by communicating directly and openly 1.2 Inform client of the role and capacity of the adviser, and the licensee responsible for the adviser's conduct 1.3 Establish client’s understanding of the regulated emissions market in order to determine the range of services to be offered. 1.4 Explain the scope and limitation of the advice and services including fee and charging methodology, procedures for complaints handling and the circumstances in which they should be engaged 1.5 Respond to enquiries in relation to the services and products to be provided in a professional manner |
2. Identify and analyse the client’s objectives, needs, financial situation and risk profile | 2.1 Establish client's motivation for investing in the regulated emissions market 2.2 Identify and document all relevant liabilities and assets for client, their expectations of cash flow and any relevant taxation obligations 2.3 Identify client needs by encouraging expression of goals and objectives (short, medium and long-term) relevant to the product 2.4 Assess client's risk profile, and agree the rating with them 2.5 Explain the investment implications for client for achieving their objectives and needs based on their risk profile, cash flow and taxation implications 2.6 Consult with client throughout the analysis for further clarification where necessary 2.7 Analyse whether there is a need for specialist advice and refer to an appropriate adviser if required |
3. Develop a strategy for client | 3.1 Assess the broad strategies available to client 3.2 Discuss the strategies identified with client to determine and agree on the most suitable approach for their needs, objectives and risk profile 3.3 Select the appropriate emissions products and undertake research, analysis and financial modelling to establish which product mix best meets client's needs, objectives and risk profile. 3.4 Prepare statutory and organisational strategy and transaction documentation 3.5 Identify and discuss with client any conflicts of interest arising from selected strategy |
4. Present and negotiate strategies and solutions with client | 4.1 Explain to client the proposed transaction and the strategic methodology used in a clear and unambiguous way 4.2 Check that the client understands the relevant details, risks, terms and conditions, advantages and disadvantages of the transaction recommended 4.3 Negotiate and resolve any concerns or issues that client has regarding the proposed transaction 4.4 Explain the fee and cost structures for the transaction and the timeframes for execution |
5. Implement and document agreed plan, policy or transaction | 5.1 Prepare and provide client with written documentation where required by law or codes of practice that incorporate the basis upon which the advice is given 5.2 Explain the supporting documentation, and confirm the content and advice against the established investment requirements, risk profile and objectives 5.3 Seek confirmation from client that they understand the proposed transaction and its fee implications, and gain formal agreement to proceed in line with regulatory guidelines, accepted industry practice and organisation policies 5.4 Exchange signed copies of appropriate documentation and the signed agreement with client |
6. Determine and agree any ongoing services required | 6.1 Agree with client what type and form of ongoing service will be provided, including reporting on performance of this transaction and other associated services 6.2 Explain fees and costs for ongoing and specifically defined service and obtain confirmation of understanding from client |