Administer finance, insurance and legal requirements

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver AHCBUS401, 'Administer finance, insurance and legal requirements'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Administer finance, insurance and legal requirements' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria


Performance criteria

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Administer the legal requirements of the business

1.1 Identify, implement and monitor legislative requirements to ensure the compliance of business processes

1.2 Identify, maintain and store legal documents

1.3 Review legislative requirements regularly

2. Process and maintain the insurance requirements for the business

2.1 Identify and assess insurance requirements

2.2 Identify suitable insurers or brokers and obtain quotations

2.3 Acquire adequate insurance policies and cover

2.4 Review legislative requirements and insurance cover

2.5 File documents to ensure security and accessibility

3. Identify sources, types and cost of finance

3.1 Conduct research on the types of finance for businesses

3.2 Determine costs associated with different forms of finance

3.3 Assess repayment structures for finance options

4. Prepare application for finance or investment

4.1 Access business and financial data and prepare an application for finance or investment

4.2 Complete an application for finance

4.3 Refer the finance application to management team for checking prior to submitting to the relevant body

4.4 Maintain and store documentation