Oversee financial management

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 BSBATSIM418, 'Oversee financial management'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Oversee financial management' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)

Elements and Performance Criteria



Elements describe the essential outcomes.

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

1 Interpret financial reports

1.1 Ensure regular financial information is received from management in a form all board members can understand

1.2 Clarify purpose of financial reports and their key features with board members

1.3 Identify income shortfalls and expenditure overruns

2 Evaluate financial reports

2.1 Consider and discuss financial implications of reports with other board members and management

2.2 Compare data with previous reports and decisions

2.3 Compare year-to-date and end-of-financial-year data with budgeted outcomes

2.4 Seek independent advice where necessary

3 Recognise board responsibilities for assets

3.1 Identify statutory responsibilities of board members for assets

3.2 Identify funding body restrictions on the acquisition, use and disposal of assets

3.3 Comply with statutory responsibilities and funding body requirements on assets

4 Make decisions on finance

4.1 Analyse recommendations on finances in terms of their impact on the organisation and its vision and objectives

4.2 Prioritise financial decisions against organisational objectives

4.3 Make decisions in accordance with the organisation's policy and legal and funding requirements

4.4 Ensure procedures are in place to document financial decisions

5 Approve expenditures

5.1 Check expenditure proposals are within budget and meet statutory and funding body requirements

5.2 Check the organisation’s current financial situation

5.3 Approve expenditure only if it is consistent with budget, statutory and funding body requirements, and the organisation’s financial situation

6 Review financial decisions

6.1 Monitor outcomes and actions from decisions

6.2 Identify and monitor external influences on budgets and finances

6.3 Ensure procedures are in place to document variations to financial agreements