Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

BSBATSIM414 Mapping and Delivery Guide
Oversee the organisation's annual budget

Version 1.0
Issue Date: March 2024


Qualification -
Unit of Competency BSBATSIM414 - Oversee the organisation's annual budget
Description
Employability Skills
Learning Outcomes and Application This unit describes the skills and knowledge required to develop and implement the annual budget and enable the board to control the finances of the organisation.It applies to individuals responsible for monitoring and planning the organisation’s finances.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities
Slides
PPT
Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Gather and analyse relevant budget information
  • Establish a budget working-group
  • Review and analyse previous year’s budget performance
  • Gather budget planning information from relevant sources
  • 1.4 Identify priorities in relation to organisation's vision and plans
       
Element: Identify and document income and expenditure
  • Identify known sources of income
  • Identify new sources of income and amounts for new activities
  • Review expenditure for existing operations
  • Estimate expenditure for new initiatives and expansions
  • Identify potential problem areas
  • Ensure procedures are in place to document all identified items in a readily accessible and useful format
       
Element: Oversee budget preparation
  • Contribute to budget development
  • Review budget documentation and clarify where required
  • Review draft budgets and propose modifications if required
  • Ensure contingency plans are included in the budget
       
Element: Review and finalise budget
  • Ensure expenditure commitments are in line with final income figures
  • Work with other board members and management to finalise and approve annual budget
  • Present final annual budget to the community
  • Review and update budget regularly
       


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Gather and analyse relevant budget information

1.1 Establish a budget working-group

1.2 Review and analyse previous year’s budget performance

1.3 Gather budget planning information from relevant sources

1.4 Identify priorities in relation to organisation's vision and plans

2 Identify and document income and expenditure

2.1 Identify known sources of income

2.2 Identify new sources of income and amounts for new activities

2.3 Review expenditure for existing operations

2.4 Estimate expenditure for new initiatives and expansions

2.5 Identify potential problem areas

2.6 Ensure procedures are in place to document all identified items in a readily accessible and useful format

3 Oversee budget preparation

3.1 Contribute to budget development

3.2 Review budget documentation and clarify where required

3.3 Review draft budgets and propose modifications if required

3.4 Ensure contingency plans are included in the budget

4 Review and finalise budget

4.1 Ensure expenditure commitments are in line with final income figures

4.2 Work with other board members and management to finalise and approve annual budget

4.3 Present final annual budget to the community

4.4 Review and update budget regularly


Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Gather and analyse relevant budget information

1.1 Establish a budget working-group

1.2 Review and analyse previous year’s budget performance

1.3 Gather budget planning information from relevant sources

1.4 Identify priorities in relation to organisation's vision and plans

2 Identify and document income and expenditure

2.1 Identify known sources of income

2.2 Identify new sources of income and amounts for new activities

2.3 Review expenditure for existing operations

2.4 Estimate expenditure for new initiatives and expansions

2.5 Identify potential problem areas

2.6 Ensure procedures are in place to document all identified items in a readily accessible and useful format

3 Oversee budget preparation

3.1 Contribute to budget development

3.2 Review budget documentation and clarify where required

3.3 Review draft budgets and propose modifications if required

3.4 Ensure contingency plans are included in the budget

4 Review and finalise budget

4.1 Ensure expenditure commitments are in line with final income figures

4.2 Work with other board members and management to finalise and approve annual budget

4.3 Present final annual budget to the community

4.4 Review and update budget regularly

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Establish a budget working-group 
Review and analyse previous year’s budget performance 
Gather budget planning information from relevant sources 
1.4 Identify priorities in relation to organisation's vision and plans 
Identify known sources of income 
Identify new sources of income and amounts for new activities 
Review expenditure for existing operations 
Estimate expenditure for new initiatives and expansions 
Identify potential problem areas 
Ensure procedures are in place to document all identified items in a readily accessible and useful format 
Contribute to budget development 
Review budget documentation and clarify where required 
Review draft budgets and propose modifications if required 
Ensure contingency plans are included in the budget 
Ensure expenditure commitments are in line with final income figures 
Work with other board members and management to finalise and approve annual budget 
Present final annual budget to the community 
Review and update budget regularly 

Forms

Assessment Cover Sheet

BSBATSIM414 - Oversee the organisation's annual budget
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

BSBATSIM414 - Oversee the organisation's annual budget

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: