Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSFLT401 Mapping and Delivery Guide
Be MoneySmart through a career in small business
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSFLT401 - Be MoneySmart through a career in small business |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to determine the key financial requirements for establishing and maintaining a successful small or micro business.It applies to individuals engaged in a small business occupation, such as trade-based operators, seeking to enhance their financial literacy. 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. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the financial literacy field and include access to current information about personal financial matters. Assessors must satisfy NVR/AQTF assessor requirements. |
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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: Demonstrate knowledge of costs and benefits of small and micro business |
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Element: Analyse obligations and risks of operating a small or micro business |
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Element: Identify mechanisms for supporting business success |
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Element: Examine opportunities for business learning, mentoring and advice |
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