- BSBINT405B - Apply knowledge of import and export international conventions, laws and finance
BSBINT405B
Apply knowledge of import and export international conventions, laws and finance
Application
This unit applies to individuals with a broad knowledge of international trade who have a requirement to maintain relevant knowledge and skills by recognising the limits of their own experience and knowledge, and organising learning in order to collect, analyse apply and review information required for specific complex tasks or projects. |
Elements and Performance Criteria
ELEMENT | PERFORMANCE CRITERIA |
1. Maintain currency of knowledge and skills | 1.1. Assess personal knowledge of relevant international conventions, laws and finance and the required skills in applying this knowledge to determine currency and adequacy 1.2. Identify skills and knowledge gaps 1.3. Undertake learning to ensure currency and adequacy of knowledge and skills in applying international conventions, laws and finance to own work |
2. Identify information requirements and access available information | 2.1. Determine specific needs for information 2.2. Access organisation's resources to meet information requirements 2.3. Use information to address specific work needs and to identify further information requirements 2.4. Access external information resources to meet further information requirements |
3. Interpret, analyse and apply available information | 3.1. Collect and collate available information for analysis 3.2. Interpret, analyse and process available information to obtain required knowledge 3.3. Seek assistance of specialist experts if required, to interpret, analyse and synthesise required information 3.4. Use information and knowledge to facilitate import and export of goods in compliance with relevant Australian and overseas legislation, trade conventions and agreements, and international financing arrangements |
4. Review research and analysis process | 4.1. Use and review information and knowledge to facilitate import and export of goods for effectiveness 4.2. Document review findings for future use in import and export of goods 4.3. Identify skills and knowledge gaps and undertake further learning |
Required Skills
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Required skills |
self-management and analysis skills to identify skill gaps and to manage own learning opportunities research and data collection skills to maintain knowledge analysis skills to apply information and knowledge gathered to own work. |
Required knowledge |
organisational learning policies and resources identification and overview knowledge of key provisions of relevant legislation from all levels of government that affects business operations, codes of practice and national standards, such as: contract law International Commercial Terms (INCOTERMS) trade modernisation legislation: Customs Legislation Amendment and Repeal Act, Import Processing Charges Act, Customs Depot Licensing Charges Amendment Act Trade Practices Act Warsaw Convention World Trade Organisation determinations |
Evidence Required
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package. | |
Overview of assessment | |
Critical aspects for assessment and evidence required to demonstrate competency in this unit | Evidence of the following is essential: identifying ongoing learning needs in relation to international conventions, laws and financial matters that impact on their import/export responsibilities identifying and using learning opportunities to gain the necessary information self-management of these learning processes knowledge of organisational learning policies and resources. |
Context of and specific resources for assessment | Assessment must ensure: access to libraries and other resource collections access to an actual workplace or simulated environment access to office equipment and resources access to relevant workplace documents. |
Method of assessment | A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit: direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate assessment of identified skills and knowledge gaps review of learning undertaken to address skills and knowledge gaps analysis of responses to case studies and scenarios observation of presentations on applicable conventions, laws and financial issues related to international transactions tests to assess knowledge of relevant conventions, treaties, agreements, guidelines, declarations, recommendations, laws. |
Guidance information for assessment | Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended, for example: other international business units. |
Range Statement
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included. | |
International conventions, laws and finance may include: | agreements bilateral free trade agreements conventions declarations economic blocks ASEAN Free Trade Agreement (AFTA) Asia-Pacific Economic Cooperation (APEC) European Union North American Free Trade Agreement (NAFTA) guidelines international organisations, bodies and legislation General Agreement on Trade and Tariffs (GATT) International Air Transport Association International Chamber of Commerce (ICC) International Labour Organization International Maritime Organization Organisation for Economic Co-operation and Development (OECD) United Nations World Trade Organization laws and rules copyright fair trading intellectual property recommendations specific countries treaties |
Skills and knowledge about international finance may include: | banking institutions business development capital markets competition analysis finance policy and regulation investment promotion regional trade organisations specific international banking process relating to import/exports ICC Uniform Customs and Practice for Documentary Credits (UCP) Uniform Rules for Collections (URC) Uniform Rules for Bank to Bank Reimbursements Under Documentary Credits (URR) |
Learning may include: | coaching and mentoring formal courses of any length informal learning through: attending conferences/seminars discussions with colleagues reading reading trade journals short course attendance web browsing |
External information resources may include: | course providers government agencies and publications including legislation and explanatory notes industry and professional associations internet and the organisation's intranet libraries and bookshops |
Sectors
Unit sector |
Competency Field
Business Development - International Business |
Employability Skills
This unit contains employability skills. |
Licensing Information
Not applicable.