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Elements and Performance Criteria

  1. Prepare petty cash documentation
  2. Conduct cash transactions

Required Skills

REQUIRED KNOWLEDGE AND SKILLS

This describes the essential knowledge and skills and their level required for this unit

Required knowledge

Codes of practice and regulations relevant to the maintenance of petty cash accounts

Relevant OHampS and environmental protection procedures and guidelines

Workplace procedures and policies for the maintenance of petty cash accounts

Focus of operation of work systems equipment management and site operating systems for the maintenance of petty cash accounts

Problems that may occur when maintaining petty cash accounts and appropriate action that can be taken to resolve the problems

Documentation requirements for the maintenance of petty cash accounts

Instruments of payment including letters of credit cheques promissory notes bank drafts etc

Required skills

Communicate and negotiate effectively with others when maintaining petty cash accounts

Read and interpret instructions and procedures relevant to petty cash accounts

Interpret and follow operational instructions and prioritise work

Complete documentation related to petty cash accounts

Work collaboratively with others when maintaining petty cash accounts

Adapt appropriately to cultural differences in the workplace including modes of behaviour and interactions with others

Promptly report andor rectify any identified problems that may arise when maintaining petty cash accounts in accordance with regulatory requirements and workplace procedures

Monitor work activities in terms of planned schedule

Work systematically with required attention to detail

Select and use relevant computer communication and office equipment

Adapt to differences in equipment in accordance with standard operating procedures

Evidence Required

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

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

The evidence required to demonstrate competency in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria of this unit and include demonstration of applying

the underpinning knowledge and skills

relevant legislation and workplace procedures

other relevant aspects of the range statement

Context of and specific resources for assessment

Performance is demonstrated consistently over a period of time and in a suitable range of contexts

Resources for assessment include

a range of relevant exercises case studies andor other simulated practical and knowledge assessment andor

access to an appropriate range of relevant operational situations in the workplace

In both real and simulated environments access is required to

relevant and appropriate materials and equipment and

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

Method of assessment

Assessment of this unit must be undertaken by a registered training organisation

As a minimum assessment of knowledge must be conducted through appropriate writtenoral tests

Practical assessment must occur

through activities in an appropriately simulated environment at the registered training organisation andor

in an appropriate range of situations in the workplace


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.

Work may be conducted:

in a range of work environments

by day or night

Customers may be:

internal or external

Workplaces may comprise:

large, medium or small worksites

Equipment may include:

filing and record keeping system

cash holding box/system

cash transaction record book

relevant computer software

Recording mechanisms/systems may be:

paper-based or electronic

Business source documents may include, but are not exclusive to:

purchase requisitions

invoices

delivery dockets

bank statements

cash register rolls

purchase orders

receipts

credit notes

remittance advice

deposit books

Hazards in the work area may include exposure to:

chemicals

dangerous or hazardous substances

movements of equipment, goods, materials and vehicular traffic

Consultative processes may involve:

other employees and supervisors

current and potential customers

suppliers, customers and clients

relevant authorities and institutions

management and union representatives

industrial relations and OH&S specialists

Communication in the work area may include:

phone

electronic data interchange (EDI)

fax

email

internet

RF systems

oral, aural or signed communications

Depending on the type of organisation concerned and the local terminology used, workplace procedures may include:

company procedures

enterprise procedures

organisational procedures

established procedures

Personal protective equipment may include:

gloves

safety headwear and footwear

safety glasses

high visibility clothing

Information/documents may include:

workplace procedures and policies concerning petty cash transactions including security procedures

codes of practice and regulations relevant to petty cash accounts

operations manuals, job specifications and induction documentation

manufacturers specifications for equipment

award, enterprise bargaining agreement, other industrial arrangements

relevant Australian standards and certification requirements

quality assurance procedures

emergency procedures

Applicable regulations and legislation may include:

relevant codes and regulations for the provision of credit services

privacy legislation

conditions of credit extension policies and related government legislation

audit and financial legislation

relevant state/territory OH&S and environmental protection legislation

workplace relations regulations

workers compensation regulations