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Evidence Guide: LGAGOVA617A - Report on assets in accordance with statutory and public reporting 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

 

LGAGOVA617A - Report on assets in accordance with statutory and public reporting requirements

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

Complete statistical reports as required

  1. Reports are accurately completed in format required and forwarded to relevant agency by the due date.
  2. Documentation of assumptions is included in reports.
  3. Report requirements are clarified where necessary to ensure correct data is provided.
Reports are accurately completed in format required and forwarded to relevant agency by the due date.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Documentation of assumptions is included in reports.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Report requirements are clarified where necessary to ensure correct data is provided.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Provide financial information for asset register and financial reports

  1. Decision to categorise work as capital work or maintenance work is made in consultation with audit and finance units and is consistent with predetermined strategy.
  2. Capital costs are tracked and captured in required format to enable entry in asset register against value of asset.
  3. Accurate information required to complete financial reports is provided to finance unit within required time frame.
Decision to categorise work as capital work or maintenance work is made in consultation with audit and finance units and is consistent with predetermined strategy.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Capital costs are tracked and captured in required format to enable entry in asset register against value of asset.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Accurate information required to complete financial reports is provided to finance unit within required time frame.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete management reports

  1. Management reports on state of assets are completed in line with council and statutory requirements.
  2. Management reports are completed in consultation with executive management team to reflect the organisational situation accurately.
  3. Information regarding liabilities, benefits and risks associated with assets is accessed and included in reports.
Management reports on state of assets are completed in line with council and statutory requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Management reports are completed in consultation with executive management team to reflect the organisational situation accurately.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Information regarding liabilities, benefits and risks associated with assets is accessed and included in reports.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Update information in asset database

  1. Information on asset management activities is recorded and tracked in asset database according to organisational systems and procedures.
  2. The type of valuation required and appropriate valuation methods are determined prior to arranging valuation.
  3. Asset valuations are provided in required format according to standards, regulations and legislative requirements.
Information on asset management activities is recorded and tracked in asset database according to organisational systems and procedures.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

The type of valuation required and appropriate valuation methods are determined prior to arranging valuation.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Asset valuations are provided in required format according to standards, regulations and legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

Overview of assessment requirements

A person who demonstrates competency in this unit will be able to perform the outcomes described in the Elements to the required performance level detailed in the Performance Criteria. The knowledge and skill requirements described in the Range Statement must also be demonstrated. For example, knowledge of the legislative framework and safe work practices that underpin the performance of the unit are also required to be demonstrated.

Critical aspects of evidence to be considered

Accurate and comprehensive completion of all reports within required time frame.

Timely provision of required information to finance unit.

Asset register kept up to date.

Context of assessment

On the job or in a simulated work environment.

Relationship to other units(prerequisite or co-requisite units)

Prerequisite units: nil.

Co-requisite units: nil.

Method of assessment

The following assessment methods are suggested:

observation of the learner performing a range of workplace tasks over sufficient time to demonstrate handling of a range of contingencies

written and/or oral questioning to assess knowledge and understanding

completion of workplace documentation

third-party reports from experienced practitioners

completion of self-paced learning materials including personal reflection and feedback from trainer, coach or supervisor.

Evidence required for demonstration of consistent performance

Evidence will need to be gathered over time across a range of variables depending on council work flow and planning cycle as long as the critical aspects of evidence can be demonstrated.

Resource implications

Access to a workplace or simulated case study that provides the following resources:

copies of relevant legislation, including state or territory local government legislation

Australian accounting standards

legislation relating to historic buildings

retail tenancy

residential tenancy

building control

occupational health and safety

cultural and recreational land

valuation of land

subdivision of land

transfer of land

planning

environment

sale of land

financial and budget information

databases.

Required Skills and Knowledge

This describes the essential skills and knowledge and their level, required for this unit

Required Skills

accuracy

attention to detail

working to deadlines

liaison and consultation

working in a team at management level

organisational.

Required Knowledge

statutory reporting requirements

structure of council

depreciation schedules

valuation requirements

benefits, risks and financial liabilities associated with various classes of assets

factors influencing categorisation as capital work versus maintenance work

relevant software.

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Range Statement

The Range Statement relates to the Unit of Competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the Performance Criteria is detailed below.

Assets may include:

all non-current structures or items of plant or equipment that provide service potential or future economic benefit.

Council infrastructure assets may include:

roads

bridges

water supply systems

parks and gardens

drainage systems

sewerage systems

buildings

plant and equipment.

Information for financial reports may include:

depreciation

written-down values.

Relevant agencies may include:

local government department

grants commission

Australian Bureau of Statistics

external auditors.

Information on asset management activities may include:

condition code

estimate of life of asset

assessment of current and satisfactory levels of service.

Recording procedures may include:

responsibility for recording, which may be centralised or at work team level.

Valuation methods may include:

internal valuation

engaging an external valuer.

Asset database may include:

information for management reports including condition of assets, expenditure required and asset utilisation and performance.

Asset register may include:

information for finance reporting in accordance with Australian accounting standards relating to value of asset and consumption of service potential.

General ledger may include:

actual expenditure.

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