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
What evidence can you provide to prove your understanding of each of the following citeria?
Compile financial information and data
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Current financial data is collected, evaluated and coded to ensure consistency, quality and accuracy in accordance with organisational requirements Completed |
Evidence:
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Conversion and consolidation procedures are used to compile analysis in accordance with organisational requirements Completed |
Evidence:
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Asset and liability valuations are made, recorded and disclosed in accordance with organisational requirements Completed |
Evidence:
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Discrepancies, unusual features or queries are identified, resolved or referred to the appropriate authority Completed |
Evidence:
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Prepare statutory requirement reports
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Income and expenditure is correctly recorded to ensure compliance with statutory requirements Completed |
Evidence:
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Liabilities for tax are calculated in accordance with current legislation and revenue gathering practices Completed |
Evidence:
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Relevant receipts, revenue documentation and payments are identified correctly Completed |
Evidence:
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Statements and claims take full advantage of available benefits and allowances in accordance with statutory requirements Completed |
Evidence:
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Statutory requirement reports are submitted to appropriate authorities within stated deadlines Completed |
Evidence:
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Provide financial business recommendations
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Recommendations are logically derived and supported by evidence in report Completed |
Evidence:
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Recommendations propose constructive actions to enhance the effectiveness and efficacy of functions and services Completed |
Evidence:
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Recommendations are concise and facilitate direction and control of organisation’s operations Completed |
Evidence:
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Significant issues in statements including comparative financial performances are identified and prioritised for review and decision-making Completed |
Evidence:
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