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

BSBINT306 Mapping and Delivery Guide
Apply knowledge of international finance and insurance to complete work requirements

Version 1.0
Issue Date: April 2024


Qualification -
Unit of Competency BSBINT306 - Apply knowledge of international finance and insurance to complete work requirements
Description
Employability Skills
Learning Outcomes and Application This unit describes the skills and knowledge required to apply knowledge of international finance and insurance to complete work requirements. Work may be for an external client or for the organisation in which the individual is employed.It applies to individuals who work under the supervision of a more experienced colleague in various international work contexts. They may exercise discretion and judgement using appropriate theoretical knowledge of international finance and insurance. 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: Maintain currency of knowledge of finance and insurance
  • Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills
  • Identify the various insurance types available and their application for international trade
  • Identify knowledge and skill gaps
  • Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work
       
Element: Identify information requirements and access available information
  • Determine specific needs for information
  • Access enterprise resources to obtain available information
  • Check and access information from available resources against specific needs
  • Access further information if required
       
Element: Interpret and analyse available information
  • Collect and collate available information for analysis
  • Interpret, analyse and process available information to obtain required information
  • Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information
  • Check outputs of analysis process against required information and specific needs
  • Undertake further research and analysis to meet specific needs if required
       
Element: Apply knowledge to specific international trading operations
  • Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements
  • Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document
  • Check documentation for accuracy and correctness by self and manager or supervisor as required
       


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 Maintain currency of knowledge of finance and insurance

1.1 Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills

1.2 Identify the various insurance types available and their application for international trade

1.3 Identify knowledge and skill gaps

1.4 Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work

2 Identify information requirements and access available information

2.1 Determine specific needs for information

2.2 Access enterprise resources to obtain available information

2.3 Check and access information from available resources against specific needs

2.4 Access further information if required

3 Interpret and analyse available information

3.1 Collect and collate available information for analysis

3.2 Interpret, analyse and process available information to obtain required information

3.3 Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information

3.4 Check outputs of analysis process against required information and specific needs

3.5 Undertake further research and analysis to meet specific needs if required

4 Apply knowledge to specific international trading operations

4.1 Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements

4.2 Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document

4.3 Check documentation for accuracy and correctness by self and manager or supervisor as required

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 Maintain currency of knowledge of finance and insurance

1.1 Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills

1.2 Identify the various insurance types available and their application for international trade

1.3 Identify knowledge and skill gaps

1.4 Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work

2 Identify information requirements and access available information

2.1 Determine specific needs for information

2.2 Access enterprise resources to obtain available information

2.3 Check and access information from available resources against specific needs

2.4 Access further information if required

3 Interpret and analyse available information

3.1 Collect and collate available information for analysis

3.2 Interpret, analyse and process available information to obtain required information

3.3 Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information

3.4 Check outputs of analysis process against required information and specific needs

3.5 Undertake further research and analysis to meet specific needs if required

4 Apply knowledge to specific international trading operations

4.1 Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements

4.2 Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document

4.3 Check documentation for accuracy and correctness by self and manager or supervisor as required

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
Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills 
Identify the various insurance types available and their application for international trade 
Identify knowledge and skill gaps 
Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work 
Determine specific needs for information 
Access enterprise resources to obtain available information 
Check and access information from available resources against specific needs 
Access further information if required 
Collect and collate available information for analysis 
Interpret, analyse and process available information to obtain required information 
Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information 
Check outputs of analysis process against required information and specific needs 
Undertake further research and analysis to meet specific needs if required 
Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements 
Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document 
Check documentation for accuracy and correctness by self and manager or supervisor as required 

Forms

Assessment Cover Sheet

BSBINT306 - Apply knowledge of international finance and insurance to complete work requirements
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

BSBINT306 - Apply knowledge of international finance and insurance to complete work requirements

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: