Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSFLT502 Mapping and Delivery Guide
Facilitate customer awareness of the Australian financial system and markets
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSFLT502 - Facilitate customer awareness of the Australian financial system and markets |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to develop customer awareness of how the monetary and financial systems and markets operate in Australia, with the aim of enhancing basic consumer financial literacy.It applies to individuals who use specialised knowledge to build relationships and provide financial counselling to contribute to the development of financial literacy in others.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: office equipment, technology, software and consumables Australian financial system and markets information. 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: Explain to customers the function and role of Reserve Bank of Australia (RBA) |
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Element: 2. Outline role of money and Australia's monetary base |
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Element: Outline main features of the Australian financial markets |
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Element: Provide information to customers about regulation of financial system |
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Element: Outline role of money and Australia's monetary base |
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