Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSCRD502A Mapping and Delivery Guide
Manage factoring and invoice discounting arrangements
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSCRD502A - Manage factoring and invoice discounting arrangements |
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Description | This unit describes the performance outcomes, skills and knowledge required to arrange for the factoring of debts or invoice discounting.This unit has application to a variety of financial services sectors and is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements so the varying Commonwealth, State or Territory requirements should be confirmed with the relevant body. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | The unit may be applied within financial organisations of various sizes and across a range of customer bases. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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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 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Advise potential clients on appropriate factoring or invoice discounting arrangements |
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Element: Manage the relationship between the debtor and factor or invoice discounter |
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Element: Manage the relationship between the client and the factor or invoice discounter |
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