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Elements and Performance Criteria

  1. Recognise Board responsibilities for assets
  2. Ensure assets records are established
  3. Develop and implement policies and procedures for the use of assets
  4. Ensure that assets and records are maintained
  5. Ensure insurance cover
  6. Oversee an annual internal audit of assets
  7. Oversee acquisition and disposal of assets

Required Skills

Required skills

Written and oral communication

Record keeping and documentation

Evaluation and decisionmaking

Following procedures

Required knowledge

Cultural context Boards are upholders of traditional and cultural values Relevant aspects of culture may include cultural protocols language both Traditional and Aboriginal English Aboriginal learning styles cultural business family and community responsibilities and local history

Community control community participation and control in decisionmaking are central to organisations and the role of Boards is to support the community in these processes

Location and resources organisations operate in diverse locations where cultural social economic and political conditions may vary widely Also acute resource shortages may also determine the options available

Legal requirements organisations operate under provisions of federal state or territory legislation as legal entities and funding recipients which influence decisionmaking

Organisation procedures and processes

Purchasing procedures

Disposal procedures

Evidence Required

The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge range statement and the Assessment Guidelines for the Training Package

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the following is essential

Integrated demonstration of all elements of competency and their performance criteria and

Assets are managed effectively for the use of the organisation

Context of and specific resources for assessment

Assessment must ensure

This unit of competency should be assessed through the performance of Board duties but in the event that there is no opportunity to observe such a performance a simulated environment can be used but such simulation must replicate Board conditions in terms of performing the task managing a number of different tasks coping with irregularities and breakdowns in routine dealing with the responsibilities and expectations of the Board including working with others and transferring competency to other situations

Knowledge and performance to be assessed over time to confirm consistency in performance

Method of assessment

The following assessment method is appropriate for this unit

Performance of Board duties or through an accurate simulation of Board duties

Guidance information for assessment


Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Movable assets may include:

vehicles

plant and equipment

office furniture

A register of assets may include:

manual records

computer based records

Assets documents may include:

titles and certificates

invoice/ receipts

guarantees

insurance

maintenance records

Administrative procedures may include:

invoices and receipts

labelling

insurance

use and control

internal audit

disposal

The asset register may include:

identifying number

date of purchase

location

value

major repairs

additions

obsolescence

loss / theft

insurance claims