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

CPPREP4261 Mapping and Delivery Guide
Appraise business for sale

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency CPPREP4261 - Appraise business for sale
Description
Employability Skills
Learning Outcomes and Application This unit specifies the skills and knowledge required to appraise a business for sale. It includes accessing and analysing market, business and financial data to determine an appraised price, and presenting a documented appraisal report to the client.The unit applies to industry professionals in real estate. State or territory licensing requirements may apply to this unit.
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: Obtain, interpret and confirm instructions.
  • Confirm client requirements and instructions for business appraisal according to legislative requirements.
  • Discuss agency requirements and processes for business appraisal with client.
  • Confirm status and ownership of business to be appraised.
  • Obtain agreement to proceed with business appraisal according to legislative requirements.
       
Element: Conduct research to support business appraisal.
  • Select and apply business appraisal methodology suitable to the business type and available information.
  • Access and analyse required documents, reports and financial data for business being appraised.
  • Access and analyse current market data and trends effecting sale of business being appraised.
  • Verify accuracy and reliability of collated data and seek additional information according to appraisal methodology.
       
Element: Complete business appraisal and present to client.
  • Analyse research findings to ascertain final appraisal and record outcome according to agency requirements and client instructions.
  • Prepare business appraisal report in an acceptable format, highlighting findings and rationale.
  • Present report to client.
  • Securely retain records and documentation according to agency requirements.
       

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.
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
Confirm client requirements and instructions for business appraisal according to legislative requirements. 
Discuss agency requirements and processes for business appraisal with client. 
Confirm status and ownership of business to be appraised. 
Obtain agreement to proceed with business appraisal according to legislative requirements. 
Select and apply business appraisal methodology suitable to the business type and available information. 
Access and analyse required documents, reports and financial data for business being appraised. 
Access and analyse current market data and trends effecting sale of business being appraised. 
Verify accuracy and reliability of collated data and seek additional information according to appraisal methodology. 
Analyse research findings to ascertain final appraisal and record outcome according to agency requirements and client instructions. 
Prepare business appraisal report in an acceptable format, highlighting findings and rationale. 
Present report to client. 
Securely retain records and documentation according to agency requirements. 

Forms

Assessment Cover Sheet

CPPREP4261 - Appraise business for sale
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

CPPREP4261 - Appraise business for sale

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: