Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
SIRWFIN001 Mapping and Delivery Guide
Complete debtor processes
Issue Date: February 2019
||Unit of Competency||SIRWFIN001 - Complete debtor processes|
|Learning Outcomes and Application||This unit describes the performance outcomes, skills and knowledge required to use business technology, systems and reporting mechanisms to confirm customer trading information, complete debt processing, and implement debt recovery processes. It applies to individuals involved in routine financial administration in wholesale businesses. They operate with independence and under limited supervision and guidance from others, and within established organisational policies and procedures. No occupational licensing, certification or specific legislative 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.
Skills must be demonstrated in a wholesale environment. This can be:
an industry workplace
a simulated industry environment.
Assessment must ensure access to:
a computerised business financial system, associated documentation and customer records
organisational policies and procedures for financial administration
customers these can be:
individuals in an industry workplace, or
individuals who participate in role plays or simulated activities, set up for the purpose of assessment, in a simulated industry environment.
Assessors must satisfy the Standards for Registered Training Organisationsâ€™ requirements for assessors.
|Development and validation strategy and guide for assessors and learners||Student Learning Resources||Handouts
|Assessment 1||Assessment 2||Assessment 3||Assessment 4|
|Elements of Competency||Performance Criteria|
|Element: Confirm trading terms and process payments.|
|Element: Establish customer debt and credit levels.|
|Element: Implement debt recovery processes.|