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Evidence Guide: BSBATSIM420 - Oversee asset management

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

 

BSBATSIM420 - Oversee asset management

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

Develop and implement policies and procedures for management of assets

  1. Work with other board members and staff to develop policies and procedures for managing assets that comply with legal and contractual requirements
  2. Follow policies and administrative procedures for purchase, use, storage, maintenance and disposal of assets
Work with other board members and staff to develop policies and procedures for managing assets that comply with legal and contractual requirements

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Follow policies and administrative procedures for purchase, use, storage, maintenance and disposal of assets

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure asset records are established

  1. Ensure responsibility for establishing an asset register of organisation’s movable assets, and recording and storage of asset documents is delegated by the board to an appropriate person or persons
  2. Ensure the register has been established and appropriate asset documents are stored securely
Ensure responsibility for establishing an asset register of organisation’s movable assets, and recording and storage of asset documents is delegated by the board to an appropriate person or persons

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure the register has been established and appropriate asset documents are stored securely

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure assets and records are maintained

  1. Receive and review reports on assets to ensure they are up-to-date and complete
  2. Ensure appropriate procedures are in place and followed to undertake asset repairs
  3. Ensure appropriate procedures are in place and followed to report and document asset damage, loss or theft
  4. Develop an action plan to follow up asset management issues that arise
  5. Ensure asset records comply with funding providers’ requirements
Receive and review reports on assets to ensure they are up-to-date and complete

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure appropriate procedures are in place and followed to undertake asset repairs

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure appropriate procedures are in place and followed to report and document asset damage, loss or theft

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Develop an action plan to follow up asset management issues that arise

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure asset records comply with funding providers’ requirements

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure insurance cover is in place

  1. Ensure appropriate procedures are in place and followed to arrange and maintain insurance following asset acquisition
  2. Identify authorised signatories for claims for damage, loss or theft
  3. Ensure claims are submitted in a timely manner and include required evidence of loss
Ensure appropriate procedures are in place and followed to arrange and maintain insurance following asset acquisition

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify authorised signatories for claims for damage, loss or theft

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure claims are submitted in a timely manner and include required evidence of loss

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Oversee annual internal audit of assets

  1. Ensure items recorded in asset register are checked annually
  2. Ensure asset register is updated with current information following the internal audit
  3. Investigate discrepancies found in the asset register
  4. Propose changes to policies and procedures if required
Ensure items recorded in asset register are checked annually

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure asset register is updated with current information following the internal audit

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Investigate discrepancies found in the asset register

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Propose changes to policies and procedures if required

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Oversee acquisition and disposal of assets

  1. Approve acquisitions and disposal of assets in line with existing plans and budgets
  2. Ensure funding body requirements regarding asset acquisition and disposal are met
Approve acquisitions and disposal of assets in line with existing plans and budgets

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Ensure funding body requirements regarding asset acquisition and disposal are met

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 Develop and implement policies and procedures for management of assets

1.1 Work with other board members and staff to develop policies and procedures for managing assets that comply with legal and contractual requirements

1.2 Follow policies and administrative procedures for purchase, use, storage, maintenance and disposal of assets

2 Ensure asset records are established

2.1 Ensure responsibility for establishing an asset register of organisation’s movable assets, and recording and storage of asset documents is delegated by the board to an appropriate person or persons

2.2 Ensure the register has been established and appropriate asset documents are stored securely

3 Ensure assets and records are maintained

3.1 Receive and review reports on assets to ensure they are up-to-date and complete

3.2 Ensure appropriate procedures are in place and followed to undertake asset repairs

3.3 Ensure appropriate procedures are in place and followed to report and document asset damage, loss or theft

3.4 Develop an action plan to follow up asset management issues that arise

3.5 Ensure asset records comply with funding providers’ requirements

4 Ensure insurance cover is in place

4.1 Ensure appropriate procedures are in place and followed to arrange and maintain insurance following asset acquisition

4.2 Identify authorised signatories for claims for damage, loss or theft

4.3 Ensure claims are submitted in a timely manner and include required evidence of loss

5 Oversee annual internal audit of assets

5.1 Ensure items recorded in asset register are checked annually

5.2 Ensure asset register is updated with current information following the internal audit

5.3 Investigate discrepancies found in the asset register

5.4 Propose changes to policies and procedures if required

6 Oversee acquisition and disposal of assets

6.1 Approve acquisitions and disposal of assets in line with existing plans and budgets

6.2 Ensure funding body requirements regarding asset acquisition and disposal are met

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 Develop and implement policies and procedures for management of assets

1.1 Work with other board members and staff to develop policies and procedures for managing assets that comply with legal and contractual requirements

1.2 Follow policies and administrative procedures for purchase, use, storage, maintenance and disposal of assets

2 Ensure asset records are established

2.1 Ensure responsibility for establishing an asset register of organisation’s movable assets, and recording and storage of asset documents is delegated by the board to an appropriate person or persons

2.2 Ensure the register has been established and appropriate asset documents are stored securely

3 Ensure assets and records are maintained

3.1 Receive and review reports on assets to ensure they are up-to-date and complete

3.2 Ensure appropriate procedures are in place and followed to undertake asset repairs

3.3 Ensure appropriate procedures are in place and followed to report and document asset damage, loss or theft

3.4 Develop an action plan to follow up asset management issues that arise

3.5 Ensure asset records comply with funding providers’ requirements

4 Ensure insurance cover is in place

4.1 Ensure appropriate procedures are in place and followed to arrange and maintain insurance following asset acquisition

4.2 Identify authorised signatories for claims for damage, loss or theft

4.3 Ensure claims are submitted in a timely manner and include required evidence of loss

5 Oversee annual internal audit of assets

5.1 Ensure items recorded in asset register are checked annually

5.2 Ensure asset register is updated with current information following the internal audit

5.3 Investigate discrepancies found in the asset register

5.4 Propose changes to policies and procedures if required

6 Oversee acquisition and disposal of assets

6.1 Approve acquisitions and disposal of assets in line with existing plans and budgets

6.2 Ensure funding body requirements regarding asset acquisition and disposal are met