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?
Develop a personal budget
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Collect information to develop a personal budget. Completed |
Evidence:
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Identify and select appropriate money saving strategies. Completed |
Evidence:
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Investigate and assess services and personal credit options and conditions provided by financial institutions. Completed |
Evidence:
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Develop the personal budget according to current income and personal expenditure. Completed |
Evidence:
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Monitor expenditure against income. Completed |
Evidence:
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Adjust the budget in response to changing financial circumstances. Completed |
Evidence:
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Complete a bank reconciliation
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Collect information to complete a bank reconciliation. Completed |
Evidence:
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Develop and maintain a personal financial record keeping system. Completed |
Evidence:
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Complete a bank reconciliation according to financial records. Completed |
Evidence:
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Complete a tax return
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Collect information to complete a tax return. Completed |
Evidence:
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Identify and calculate allowable tax deductions. Completed |
Evidence:
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Access appropriate income tax forms. Completed |
Evidence:
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Complete a tax return according to relevant legislation. Completed |
Evidence:
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Check discrepancies and confirm information is accurate and current. Completed |
Evidence:
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File the tax return according to relevant legislation. Completed |
Evidence:
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