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?
Identify individual compliance and other requirements
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Legislative and regulatory requirements and organisational and industry requirements relating to Activity Statements are researched, documented and expert advice is sought to clarify issues where applicable. Completed |
Evidence:
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Requirements for information, advice or services outside the individual's scope of operation are identified and additional information, advice or services are accessed, and networks are established and used where necessary Completed |
Evidence:
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Lodgement schedule requirements are identified and documented Completed |
Evidence:
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Entity's cash flow and payment options are assessed and discussed with management to ensure sufficient funds Completed |
Evidence:
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Recognise and apply GST implications and code transactions
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GST principles are identified, applied and recorded Completed |
Evidence:
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Purchases and/or payments are identified, coded as per GST classifications and split into capital and non-capital as appropriate Completed |
Evidence:
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Sales and/or receipts are identified and coded as per GST classifications Completed |
Evidence:
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Accounting data is processed to comply with tax reporting requirements Completed |
Evidence:
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Report on payroll activities
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Total salaries, wages and other payments for the accounting period are identified and reconciled Completed |
Evidence:
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Amounts withheld from salaries, wages and other payments for the accounting period are identified and reconciled in conjunction with payroll department if applicable Completed |
Evidence:
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Report on other amounts withheld, Pay As You Go (PAYG) instalments and taxes
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Amounts withheld from other payments for the accounting period are identified and reconciled in conjunction with other departments if applicable Completed |
Evidence:
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PAYG instalment amount is verified or, where applicable, calculated or, where applicable, calculated for other taxes Completed |
Evidence:
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Complete and reconcile the Activity Statement
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Activity Statement reports are generated where required, checked and validated with any errors identified and correctional bookkeeping entries made Completed |
Evidence:
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Adjustments for previous quarters, months or year-end are made where necessary Completed |
Evidence:
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BAS and/or IAS return is completed in accordance with up-to-date statutory, legislative, regulatory and organisational schedule Completed |
Evidence:
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Figures completed on the BAS/IAS form are reconciled to journal entries, profit and loss statement, GST and other control accounts Completed |
Evidence:
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Lodge Activity Statement
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Activity Statement is checked and signed off by an appropriate person as identified by statutory, legislative and regulatory requirements Completed |
Evidence:
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Activity Statement is dispatched in accordance with statutory, legislative and regulatory requirements Completed |
Evidence:
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Payment/refund is processed and recorded Completed |
Evidence:
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