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Elements and Performance Criteria

  1. Allocate funds
  2. Manage cash flow
  3. Monitor and control activities against budget
  4. Prepare reports
  5. Allocate funds
  6. Manage cash flow
  7. Monitor and control activities against budget
  8. Prepare reports

Evidence Required

Overview of assessment requirements

A person who demonstrates competency in this unit will be able to perform the outcomes described in the Elements to the required performance level detailed in the Performance Criteria The knowledge and skill requirements described in the Range Statement must also be demonstrated For example knowledge of the legislative framework and safe work practices that underpin the performance of the unit are also required to be demonstrated

Critical aspects of evidence to be considered

The demonstrated ability to

identify unexpected changes such as loss of income or funding and minimise impact

manage finances within budget

manage any variations in accordance with council procedures

Context of assessment

Assessment of performance requirements in this unit should be undertaken within the context of the local government framework Competency is demonstrated by performance of all stated criteria including the Range of Variables applicable to the workplace environment

Method of assessment

The following assessment methods are suggested

observation of the learner performing a range of workplace tasks over sufficient time to demonstrate handling of a range of contingencies

written andor oral questioning to assess knowledge and understanding

completion of workplace documentation

thirdparty reports from experienced practitioners

completion of selfpaced learning materials including personal reflection and feedback from trainer coach or supervisor

Evidence required for demonstration of consistent performance

Evidence should be gathered over a period of time in a range of actual or simulated management environments

Resource implications

Access to a workplace or simulated case study that provides the following resources

financial management systems and records

copies of relevant legislation and accounting standards

examples of council guidelines and procedures


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 in the Performance Criteria is detailed below.

Relevant people may include:

employees affected by the budget

management

finance department

elected members

any relevant people or bodies outside council

contractors

members of the public

Auditing and legislative requirements may include:

Australian accounting standards

local government act

regulations