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?
Implement an integrated accounting system
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The general ledger, chart of accounts and subsidiary accounts are implemented in accordance with organisational requirements, procedures and policies Completed |
Evidence:
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Customers, suppliers and inventory items are set up in the system to meet organisational requirements and the reporting requirements of Goods and Services Tax (GST) Completed |
Evidence:
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Appropriate technical help is used to solve any operational problems Completed |
Evidence:
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Process transactions within the system
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Input data is collated, coded and classified before processing Completed |
Evidence:
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A wide range of cash and credit transactions are processed in both a service and trading environment Completed |
Evidence:
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The general journal is used to make any balance day adjustments for prepayments and accruals Completed |
Evidence:
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System output are regularly reviewed to verify the accuracy of data input and adjustments made for any detected processing errors Completed |
Evidence:
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An end of financial year rollover is performed Completed |
Evidence:
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Maintain the system
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Any new general ledger accounts, customer, supplier, inventory and fixed asset records are added as required Completed |
Evidence:
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An existing chart of accounts, customer, supplier, inventory and fixed asset records and subsidiary accounts are maintained and updated Completed |
Evidence:
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The chart of accounts is customised to meet the reporting requirements of the organisation Completed |
Evidence:
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Produce reports
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Reports to indicate the financial performance and financial position of the organisation and for GST purposes are generated as required or requested Completed |
Evidence:
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Reports to ensure that subsidiary ledgers and accounts reconcile with the general ledger are generated Completed |
Evidence:
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Reports, which ensure that the bank account reconciles with the bank statement, over at least two reporting periods are generated Completed |
Evidence:
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Ensure system integrity
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Regular back-ups of the system are made to ensure against loss or corruption of data Completed |
Evidence:
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Data are restored from back-ups in the event of loss or corruption of current data Completed |
Evidence:
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A secure record of all processed transactions is maintained for audit purposes Completed |
Evidence:
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