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Evidence Guide: AHCAGB604 - Analyse business performance

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

AHCAGB604 - Analyse business performance

What evidence can you provide to prove your understanding of each of the following citeria?

Analyse financial reports

  1. Interpret taxation reports and determine accounts to be true and fair
  2. Review and interpret management reports generated by the enterprise
  3. Determine distribution of profit
Interpret taxation reports and determine accounts to be true and fair

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Review and interpret management reports generated by the enterprise

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Determine distribution of profit

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Use financial analysis tools

  1. Calculate gross margins and relevant breakdowns of profit and loss
  2. Calculate ratios related to production activity, solvency and liquidity, gearing and profitability
  3. Source and compare relevant performance benchmarks
  4. Identify and analyse trends in production and profitability
Calculate gross margins and relevant breakdowns of profit and loss

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Calculate ratios related to production activity, solvency and liquidity, gearing and profitability

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Source and compare relevant performance benchmarks

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify and analyse trends in production and profitability

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify opportunities for increasing profit

  1. Assess yield or production potential and determine current position
  2. Identify key issues related to production efficiency
  3. Identify key issues related to market return
Assess yield or production potential and determine current position

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify key issues related to production efficiency

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify key issues related to market return

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Develop strategies for improving business performance

  1. Use Strengths, Weaknesses, Opportunities and Threats (SWOT) approach to determine possible strategies for addressing production and marketing issues
  2. Perform sensitivity analyses to evaluate strategies
Use Strengths, Weaknesses, Opportunities and Threats (SWOT) approach to determine possible strategies for addressing production and marketing issues

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Perform sensitivity analyses to evaluate strategies

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

Element

Performance criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Analyse financial reports

1.1 Interpret taxation reports and determine accounts to be true and fair

1.2 Review and interpret management reports generated by the enterprise

1.3 Determine distribution of profit

2. Use financial analysis tools

2.1 Calculate gross margins and relevant breakdowns of profit and loss

2.2 Calculate ratios related to production activity, solvency and liquidity, gearing and profitability

2.3 Source and compare relevant performance benchmarks

2.4 Identify and analyse trends in production and profitability

3. Identify opportunities for increasing profit

3.1 Assess yield or production potential and determine current position

3.2 Identify key issues related to production efficiency

3.3 Identify key issues related to market return

4. Develop strategies for improving business performance

4.1 Use Strengths, Weaknesses, Opportunities and Threats (SWOT) approach to determine possible strategies for addressing production and marketing issues

4.2 Perform sensitivity analyses to evaluate strategies

Required Skills and Knowledge

Element

Performance criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Analyse financial reports

1.1 Interpret taxation reports and determine accounts to be true and fair

1.2 Review and interpret management reports generated by the enterprise

1.3 Determine distribution of profit

2. Use financial analysis tools

2.1 Calculate gross margins and relevant breakdowns of profit and loss

2.2 Calculate ratios related to production activity, solvency and liquidity, gearing and profitability

2.3 Source and compare relevant performance benchmarks

2.4 Identify and analyse trends in production and profitability

3. Identify opportunities for increasing profit

3.1 Assess yield or production potential and determine current position

3.2 Identify key issues related to production efficiency

3.3 Identify key issues related to market return

4. Develop strategies for improving business performance

4.1 Use Strengths, Weaknesses, Opportunities and Threats (SWOT) approach to determine possible strategies for addressing production and marketing issues

4.2 Perform sensitivity analyses to evaluate strategies

The candidate must be assessed on their ability to integrate and apply the performance requirements of this unit in a workplace setting. Performance must be demonstrated consistently over time and in a suitable range of contexts.

The candidate must provide evidence that they can:

analyse financial reports

use financial analysis tools

identify profit drivers for the enterprise

benchmark business performance against other businesses

develop strategies for improving business performance.

The candidate must demonstrate knowledge of:

financial reports

financial analysis tools

performance benchmarking

issues related to production efficiency and marketing

SWOT analysis and developing business strategies.

Range Statement