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?
Gather client data and verify client, organisational and legislative requirements
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1.1 Determine client's tax documentation preparation requirements Completed |
Evidence:
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Conduct research to identify updates or additions to compliance requirements relevant to client circumstances, and establish recording and reporting requirements Completed |
Evidence:
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Gather current data from appropriate sources, and identify assessable income and allowable deductions Completed |
Evidence:
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Complete and record amounts in accordance with organisational and legislative requirements Completed |
Evidence:
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Identify discrepancies or any unusual features and conduct research to resolve, or refer to appropriate authority Completed |
Evidence:
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Identify accrued or prepaid income and expenditure, and record adjustments to value of assets and liabilities Completed |
Evidence:
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2. Identify, record and present client's tax documentation
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2.1 Calculate client's tax obligations, in accordance with legislative requirements and information gathering practices Completed |
Evidence:
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Prepare relevant documentation within established timelines Completed |
Evidence:
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Seek advice and guidance from specialist to evaluate and moderate decision processes Completed |
Evidence:
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Discuss and confirm documentation with client to obtain client signature, authorisation and endorsement, ensuring legislative requirements are met Completed |
Evidence:
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Lodge tax documentation
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Submit relevant documentation to Australian Taxation Office (ATO) within established timelines Completed |
Evidence:
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Advise client of current tax obligations and that advice from taxation authorities is to be followed Completed |
Evidence:
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Respond to tax office enquiries and meet taxation audit requirements, when applicable, in timely manner Completed |
Evidence:
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Identify, record and present client's tax documentation
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Calculate client's tax obligations, in accordance with legislative requirements and information gathering practices Completed |
Evidence:
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Prepare relevant documentation within established timelines Completed |
Evidence:
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Seek advice and guidance from specialist to evaluate and moderate decision processes Completed |
Evidence:
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Discuss and confirm documentation with client to obtain client signature, authorisation and endorsement, ensuring legislative requirements are met Completed |
Evidence:
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