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?
Maintain daily financial records
|
|
Correctly maintain daily financial records in accordance with organisational and legislative requirements for accounting purposes Completed |
Evidence:
|
Identify and rectify or refer discrepancies or errors in documentation or transactions to designated persons in accordance with organisational and legislative requirements Completed |
Evidence:
|
Accurately credit and debit transactions and promptly enter into journals in accordance with organisational and legislative requirements Completed |
Evidence:
|
Maintain general ledger
|
|
Maintain general ledger in accordance with organisational and legislative requirements Completed |
Evidence:
|
Post transactions into general ledger in accordance with organisational and legislative reporting requirements Completed |
Evidence:
|
Reconcile systems for accounts payable and receivable with general ledger Completed |
Evidence:
|
Accurately prepare trial balance from general ledger in accordance with organisational and legislative requirements Completed |
Evidence:
|
Monitor cash control
|
|
Ensure cash flow is accurately accounted for in accordance with organisational and legislative requirements Completed |
Evidence:
|
Make and receive payments in accordance with organisational and legislative requirements Completed |
Evidence:
|
Collect or follow up outstanding accounts within designated timelines Completed |
Evidence:
|
Check payment documentation for accuracy of information and despatch to creditors within designated timeline Completed |
Evidence:
|