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Elements and Performance Criteria

1. Interpret financial policy
   • Receive requests for advice and research relevant policy
   • Analyse policy and provide interpretations on its intent and implications
   • Develop interpretive advice on the relevant Acts, regulations, procedures, codes of practice, standards and guidelines
2. Advise on policy
   • Provide written interpretations that are supported by defensible evidence and reflect consideration of their intended use and consequences
   • Communicate policy advice in a manner that addresses the requirements of users
   • Record policy advice for future reference

Range Statement

Range is restricted to essential operating conditions and any other variables essential to the work environment. Non-essential conditions may be found in the Companion Volume Implementation Guide.

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Performance Evidence

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: accessing relevant policies and legislation electronically or in hard copy developing and understanding legal and policy interpretation techniques providing clear, concise advice on policy matters researching, analysing and presenting information structuring communication based on the audience understanding and evaluating complex and formal documents.

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Knowledge Evidence

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: organisational structure, and the business requirements of organisational areas relevant underlying legislative requirements governing financial management.

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