Required skills

culturally appropriate communication skills to relate to people from diverse backgrounds and to people with diverse abilities

communication and negotiation skills to work cooperatively with other Board members management and staff of the organisation key stakeholders and members of the community

literacy skills to read and interpret rules regulations policies and other workplace documentation

numeracy skills to evaluate and make decisions based on financial data

technology skills to understand management and accounting systems

Required knowledge

cultural context relevant to the community and location as boards of governance oversee a wide variety of organisations they must therefore ensure that they operate within the traditional and cultural values of the relevant contexts

key provisions of relevant legislation from all levels of government that affects business operations codes of practice and national standards such as

antidiscrimination legislation

consumer and corporations laws including appropriate stateterritory legislation

ethical principles

privacy laws

Australian Accounting and Auditing Standards

banking institutions guidelines

Australian Taxation Office regulations

organisational constitution codes of conduct functions policies and procedures

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

monitoring income and expenditure against designated budgets

ensuring the budget considers existing and planned activities of the organisation

ensuring appropriate monitoring systems are in place to provide an accurate picture of each eventactivityprogramservice of the organisations operations

documenting recommendations for action on any variances to the budget in order to keep it within acceptable budgeting limits

knowledge of key provisions of relevant legislation

Context of and specific resources for assessment

Assessment must ensure

participation on an actual or simulated Board

access to office equipment and resources

examples of budgets cash flows and other financial data and statements

examples of relevant documents

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge The following examples are appropriate for this unit

direct questioning combined with review of portfolios of evidence and third party workplace reports of onthejob performance by the candidate

review of comparison of income and expenditure to budget and previous periods and identification and investigation of discrepancies

analysis of responses to case studies and scenarios

demonstration of techniques

observation of presentations

oral or written questioning to assess knowledge of financial requirements of organisations

observation of performance in role plays

assessment of final budget documentation

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector workplace and job role is recommended for example

other governance units

Appropriate person may include:

Plans may include:

Reporting systems may include:

Financial statements may include:

Expenditure may include:

Stakeholders may include: