Assessor Resource

TLIP4028
Administer international trading accounts

Assessment tool

Version 1.0
Issue Date: March 2024


This unit involves the skills and knowledge required to administer international trading accounts in accordance with relevant codes of practice and regulations for the export of freight.

It includes calculating ratings on international movement of goods, negotiating and confirming financial terms of trade with a customer, monitoring and addressing market changes in international freight forwarding and completing all required documentation.

Work is performed under general supervision.

No licensing, legislative or certification requirements apply to this unit at the time of publication.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)



Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Calculate ratings on international movement of goods

1.1

Ratings are calculated for the international movement of goods based on the type of transport mode/s, including single or multi-modal and the type and shipping requirements for goods

1.2

Over-ride discounts and rebates for shipments are identified

1.3

International currency rates and exchange regulations are confirmed

1.4

Consolidated rate schedule is established

1.5

Cost of routing schedule is established using consolidated rate schedule

2

Negotiate and confirm financial terms of trade with customer

2.1

Credit rating for customer is established in accordance with workplace procedures

2.2

Terms of trade, method of payment and currency arrangements are negotiated and confirmed with customer in accordance with workplace procedures and code of practice requirements

2.3

Payment terms with banks and suppliers are negotiated and confirmed in accordance with workplace procedures

2.4

Insurance requirements for security of payment and security of goods in transit are assessed and confirmed with customer and agents

3

Monitor and address market changes in international freight forwarding

3.1

Changes in international markets are constantly monitored in accordance with workplace procedures

3.2

Alternative strategies and processes for forwarding goods are generated and confirmed with customers and agents as required

3.3

Analyses of future freight forward projections and market trends are undertaken for customers as requested

4

Complete documentation

4.1

Accounts with banks, customers, suppliers, agents and the like are maintained in accordance with workplace procedures and current legislation

4.2

Trading accounts in relation to identified performance measures are regularly monitored and reviewed

4.3

Documentation is completed and secured in accordance with workplace requirements

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include:

applying relevant legislation and workplace procedures

communicating effectively with others

implementing contingency plans

monitoring work activities in terms of planned schedule

negotiating contract requirements and issues related to international trading accounts

operating electronic communications equipment to required protocol

reading and interpreting relevant instructions, procedures, information and labels

selecting and using relevant computerised systems and equipment for calculations and document generation

working collaboratively with others

working systematically with required attention to detail.

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of:

aspects of contract law relevant for administering international trading accounts

banking procedures and exchange rates

contacts and sources of information and documentation needed for administering international trading accounts

customer service policies and procedures

documentation requirements of international and domestic banks, governments, clients, suppliers and agents

international legislation regarding carriage of goods

operational procedures for document control

payment terms and procedures for method of international payments

relevant agreements, codes of practice and legislative requirements including international trade and freight regulations

typical problems that can occur and appropriate action that can be taken to prevent or solve them

workplace procedures for administering international trading accounts.

As a minimum, assessors must satisfy applicable regulatory requirements, which include requirements in the Standards for Registered Training Organisations current at the time of assessment.

As a minimum, assessment must satisfy applicable regulatory requirements, which include requirements in the Standards for Registered Training Organisations current at the time of assessment.

Assessment must occur in workplace operational situations where it is appropriate to do so; where this is not appropriate, assessment must occur in simulated workplace operational situations that replicate workplace conditions.

Assessment processes and techniques must be appropriate to the language, literacy and numeracy requirements of the work being performed and the needs of the candidate.

Resources for assessment include:

a range of relevant exercises, case studies and/or simulations

applicable documentation including workplace procedures, regulations, codes of practice and operation manuals

relevant materials, tools, equipment and personal protective equipment currently used in industry.


Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Calculate ratings on international movement of goods

1.1

Ratings are calculated for the international movement of goods based on the type of transport mode/s, including single or multi-modal and the type and shipping requirements for goods

1.2

Over-ride discounts and rebates for shipments are identified

1.3

International currency rates and exchange regulations are confirmed

1.4

Consolidated rate schedule is established

1.5

Cost of routing schedule is established using consolidated rate schedule

2

Negotiate and confirm financial terms of trade with customer

2.1

Credit rating for customer is established in accordance with workplace procedures

2.2

Terms of trade, method of payment and currency arrangements are negotiated and confirmed with customer in accordance with workplace procedures and code of practice requirements

2.3

Payment terms with banks and suppliers are negotiated and confirmed in accordance with workplace procedures

2.4

Insurance requirements for security of payment and security of goods in transit are assessed and confirmed with customer and agents

3

Monitor and address market changes in international freight forwarding

3.1

Changes in international markets are constantly monitored in accordance with workplace procedures

3.2

Alternative strategies and processes for forwarding goods are generated and confirmed with customers and agents as required

3.3

Analyses of future freight forward projections and market trends are undertaken for customers as requested

4

Complete documentation

4.1

Accounts with banks, customers, suppliers, agents and the like are maintained in accordance with workplace procedures and current legislation

4.2

Trading accounts in relation to identified performance measures are regularly monitored and reviewed

4.3

Documentation is completed and secured in accordance with workplace requirements

Range is restricted to essential operating conditions and any other variables essential to the work environment.

Non-essential conditions can be found in the Companion Volume Implementation Guide.

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include:

applying relevant legislation and workplace procedures

communicating effectively with others

implementing contingency plans

monitoring work activities in terms of planned schedule

negotiating contract requirements and issues related to international trading accounts

operating electronic communications equipment to required protocol

reading and interpreting relevant instructions, procedures, information and labels

selecting and using relevant computerised systems and equipment for calculations and document generation

working collaboratively with others

working systematically with required attention to detail.

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of:

aspects of contract law relevant for administering international trading accounts

banking procedures and exchange rates

contacts and sources of information and documentation needed for administering international trading accounts

customer service policies and procedures

documentation requirements of international and domestic banks, governments, clients, suppliers and agents

international legislation regarding carriage of goods

operational procedures for document control

payment terms and procedures for method of international payments

relevant agreements, codes of practice and legislative requirements including international trade and freight regulations

typical problems that can occur and appropriate action that can be taken to prevent or solve them

workplace procedures for administering international trading accounts.

As a minimum, assessors must satisfy applicable regulatory requirements, which include requirements in the Standards for Registered Training Organisations current at the time of assessment.

As a minimum, assessment must satisfy applicable regulatory requirements, which include requirements in the Standards for Registered Training Organisations current at the time of assessment.

Assessment must occur in workplace operational situations where it is appropriate to do so; where this is not appropriate, assessment must occur in simulated workplace operational situations that replicate workplace conditions.

Assessment processes and techniques must be appropriate to the language, literacy and numeracy requirements of the work being performed and the needs of the candidate.

Resources for assessment include:

a range of relevant exercises, case studies and/or simulations

applicable documentation including workplace procedures, regulations, codes of practice and operation manuals

relevant materials, tools, equipment and personal protective equipment currently used in industry.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Ratings are calculated for the international movement of goods based on the type of transport mode/s, including single or multi-modal and the type and shipping requirements for goods 
Over-ride discounts and rebates for shipments are identified 
International currency rates and exchange regulations are confirmed 
Consolidated rate schedule is established 
Cost of routing schedule is established using consolidated rate schedule 
Credit rating for customer is established in accordance with workplace procedures 
Terms of trade, method of payment and currency arrangements are negotiated and confirmed with customer in accordance with workplace procedures and code of practice requirements 
Payment terms with banks and suppliers are negotiated and confirmed in accordance with workplace procedures 
Insurance requirements for security of payment and security of goods in transit are assessed and confirmed with customer and agents 
Changes in international markets are constantly monitored in accordance with workplace procedures 
Alternative strategies and processes for forwarding goods are generated and confirmed with customers and agents as required 
Analyses of future freight forward projections and market trends are undertaken for customers as requested 
Accounts with banks, customers, suppliers, agents and the like are maintained in accordance with workplace procedures and current legislation 
Trading accounts in relation to identified performance measures are regularly monitored and reviewed 
Documentation is completed and secured in accordance with workplace requirements 

Forms

Assessment Cover Sheet

TLIP4028 - Administer international trading accounts
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

TLIP4028 - Administer international trading accounts

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: