Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSFMK506 Mapping and Delivery Guide
Detect errors and fraud when processing financial transactions
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSFMK506 - Detect errors and fraud when processing financial transactions |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to analyse financial transaction documentation, recognise any errors or fraudulent activity and take appropriate action.It applies to individuals with specialised knowledge who use analytical skills and systematic approaches for problem solving and making recommendations within their area of responsibility.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. | ||
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 markets field of work and include access to: office equipment, technology, software and consumables financial services transaction data financial industry legislation and industry codes of conduct. 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: Access and interrogate financial transaction data |
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Element: Determine data errors or potential fraudulent activity |
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Element: Resolve errors and fraudulent activity |
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