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 FNSCMP501, 'Comply with financial services legislation'.
- Google Links
- links to google searches, with filtering in place to maximise the usefulness of the returned results
- Books
- Reference books for 'Comply with financial services legislation' 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
ELEMENT | PERFORMANCE CRITERIA |
Elements describe the essential outcomes. | Performance criteria describe the performance needed to demonstrate achievement of the element. |
1. Identify and apply organisational requirements of legal principles and regulatory obligations | 1.1 Source and access documents for legislation, regulations and policies relevant to provision of financial products and services 1.2 Interpret and analyse legal principles and organisational implications relating to provision of financial products and services 1.3 Identify organisational requirements of these documents and their impact on work practices in terms of procedural requirements 1.4 Execute the procedural requirements relating to operational aspects of laws and regulations, and codes of practice in line with organisational policy 1.5 Comply with role authorities and restrictions as identified in position profiles 1.6 Implement internal monitoring/audit program according to organisational and role requirements 1.7 Establish mechanisms to ensure maintenance and currency of regulatory literature |
2. Identify changes and implications of laws, regulations, rules and circulars | 2.1 Access changed legislation, regulations and policies in a timely manner 2.2 Identify and communicate changes to regulatory requirements in line with organisational policy 2.3 Review operational procedures to reflect changes to regulation and legislation 2.4 Identify implications for products and services and implement changes in accordance with client, legislative and organisational requirements |
3. Comply with any relevant industry or professional codes | 3.1 Source, access and apply relevant industry and professional codes of practice to own work in accordance with industry and organisational requirements 3.2 Interpret key principles and responsibilities in accordance with industry codes of practice 3.3 Confirm and clarify own interpretation and application of industry codes of practice as required with relevant persons 3.4 Understand and implement impact of codes of practice on work practices 3.5 Demonstrate a commitment to comply with industry and professional codes of practice through own ethical behaviour |
4. Maintain statutory records | 4.1 Maintain copies of relevant records 4.2 Keep copies of any relevant agreements on file 4.3 Maintain evidence of current authorisation, training and relevant licences in accordance with organisational, legal and regulatory requirements available |