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Evidence Guide: BSBINT306 - Apply knowledge of international finance and insurance to complete work requirements

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

 

BSBINT306 - Apply knowledge of international finance and insurance to complete work requirements

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

Maintain currency of knowledge of finance and insurance

  1. Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills
  2. Identify the various insurance types available and their application for international trade
  3. Identify knowledge and skill gaps
  4. Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work
Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify the various insurance types available and their application for international trade

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify knowledge and skill gaps

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Identify information requirements and access available information

  1. Determine specific needs for information
  2. Access enterprise resources to obtain available information
  3. Check and access information from available resources against specific needs
  4. Access further information if required
Determine specific needs for information

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Access enterprise resources to obtain available information

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Check and access information from available resources against specific needs

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Access further information if required

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Interpret and analyse available information

  1. Collect and collate available information for analysis
  2. Interpret, analyse and process available information to obtain required information
  3. Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information
  4. Check outputs of analysis process against required information and specific needs
  5. Undertake further research and analysis to meet specific needs if required
Collect and collate available information for analysis

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Interpret, analyse and process available information to obtain required information

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Check outputs of analysis process against required information and specific needs

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Undertake further research and analysis to meet specific needs if required

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Apply knowledge to specific international trading operations

  1. Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements
  2. Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document
  3. Check documentation for accuracy and correctness by self and manager or supervisor as required
Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Check documentation for accuracy and correctness by self and manager or supervisor as required

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 Maintain currency of knowledge of finance and insurance

1.1 Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills

1.2 Identify the various insurance types available and their application for international trade

1.3 Identify knowledge and skill gaps

1.4 Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work

2 Identify information requirements and access available information

2.1 Determine specific needs for information

2.2 Access enterprise resources to obtain available information

2.3 Check and access information from available resources against specific needs

2.4 Access further information if required

3 Interpret and analyse available information

3.1 Collect and collate available information for analysis

3.2 Interpret, analyse and process available information to obtain required information

3.3 Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information

3.4 Check outputs of analysis process against required information and specific needs

3.5 Undertake further research and analysis to meet specific needs if required

4 Apply knowledge to specific international trading operations

4.1 Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements

4.2 Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document

4.3 Check documentation for accuracy and correctness by self and manager or supervisor as required

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 Maintain currency of knowledge of finance and insurance

1.1 Assess personal knowledge and skills in the area of finance and insurance against needs and available standards to determine currency and adequacy of own knowledge and skills

1.2 Identify the various insurance types available and their application for international trade

1.3 Identify knowledge and skill gaps

1.4 Undertake development to ensure currency and adequacy of knowledge and skills in applying finance and insurance to own work

2 Identify information requirements and access available information

2.1 Determine specific needs for information

2.2 Access enterprise resources to obtain available information

2.3 Check and access information from available resources against specific needs

2.4 Access further information if required

3 Interpret and analyse available information

3.1 Collect and collate available information for analysis

3.2 Interpret, analyse and process available information to obtain required information

3.3 Seek assistance of enterprise personnel and relevant third parties if required, to interpret, analyse and synthesise required information

3.4 Check outputs of analysis process against required information and specific needs

3.5 Undertake further research and analysis to meet specific needs if required

4 Apply knowledge to specific international trading operations

4.1 Use outcomes of research and analysis to facilitate international trading operations in compliance with relevant legislation (Australian and international), trade conventions and agreements, and international financing arrangements

4.2 Complete documentation according to enterprise standards, instructions supplied with document or form, and directions obtained from originator of form or document

4.3 Check documentation for accuracy and correctness by self and manager or supervisor as required