Conduct internal audit

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 FNSACCT606B, 'Conduct internal audit'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Conduct internal audit' 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

Elements and Performance Criteria


Performance Criteria


Evaluate information systems


System specifications are evaluated against user requirements and feedback to identify redundancies and constraints, and capacities of information technology


Hardware and software needs are identified from assessment of available products and services


Possible uses and handling of accounting data are evaluated in consultation with users to determine security requirements


Organisational procedures and policies are analysed to evaluate scope of strategies for risk management, internal control of expenditure and compliance with statutory requirements


Enquiries regarding use of systems are monitored and recorded to ensure ongoing evaluation


Develop implementation plans


Principles, procedures and processes arising from internal control systems are examined to determine implementation issues relevant to organisational processes


Strengths and weaknesses of organisational processes, including present and future capacities, are analysed and incorporated in the implementation plan


Implementation is designed to cover outcomes, resource use, costs and the achievement and maintenance of professional accounting standards


Schedules are realistic and feasible in the context of the organisation's short and long term objectives


Review resource use


Sources of data input are monitored to identify influences and variations in returns and costs


Estimates of stock levels are monitored and reviewed to ensure appropriate stocking and ordering of materials and inventory items


Records of resource use are compared with unit cost estimates to evaluate projected costs


Factors influencing resource use in the future are analysed to assess impact on operations and objectives


Monitor plans


Implementation is adjusted to take account of emerging external influences and the establishment of alternative targets


Costs of plans are monitored and controlled by evaluating net benefits to operations from the allocation of resources


Internal control systems are adjusted to ensure the maintenance and achievement of accounting standards

Qualifications and Skillsets

FNSACCT606B appears in the following qualifications:

  • PSP60304 - Advanced Diploma of Government (Financial Management)