Develop and monitor policy and procedures

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 FNSORG502, 'Develop and monitor policy and procedures'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Develop and monitor policy and procedures' 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 business and industry issues that require policy and procedure documentation

1.1 Identify issues based on business processes, industry indicators and statutory and legislative requirements information

1.2 Identify vulnerable areas to enable assessment of the impact of financial loss and non-compliance

1.3 Evaluate new activities to gauge impact on policy and procedures, and monitor existing activities to establish their impact

2. Research requirements for policy and operating procedures

2.1 Conduct thorough research, and seek advice from external legal personnel and consultants, if necessary, to ensure that all statutory and legal obligations are met

2.2 Consult all relevant organisational personnel to compile clear picture of policy needs and perspectives

2.3 Rank policy and procedures issues in order of priority, relative to business performance and compliance requirements

3. Formulate and document policy and procedures

3.1 Write policy documentation in plain English in an objective manner, without unnecessary jargon

3.2 Verify policy and procedures thoroughly with organisation’s staff to ensure quality of outcomes against established needs

4. Implement policy and procedures

4.1 Disseminate policy documents in an appropriate form to all relevant staff and provide relevant training to ensure consistent implementation of new or amended policy and procedures

4.2 Establish timetable to ensure policy and procedures are implemented in orderly and coordinated way

5. Monitor and review compliance with policy statement and operating procedures

5.1 Establish regular processes to monitor policy and procedures to ensure organisational and industry requirements are met

5.2 Monitor policy against key performance indicators (KPIs) and organisational targets to evaluate its currency and ongoing validity to meet needs of agreed organisational policy

5.3 Conduct comprehensive testing to ensure expected outcome is delivered, and identify and implement required changes systematically


Qualifications and Skillsets

FNSORG502 appears in the following qualifications:

  • FNS51710 - Diploma of Applied Anti-Money Laundering and Counter Terrorism Financing Management
  • FNS60810 - Advanced Diploma of Financial Risk Management
  • FNS50810 - Diploma of Financial Risk Management
  • FNS51510 - Diploma of Credit Management
  • FNS50310 - Diploma of Finance and Mortgage Broking Management
  • PSP50504 - Diploma of Government (Financial Services)
  • FNS51511 - Diploma of Credit Management
  • FNS50311 - Diploma of Finance and Mortgage Broking Management
  • FNS50811 - Diploma of Integrated Risk Management
  • FNS51811 - Diploma of Financial Services
  • PSP50512 - Diploma of Government (Financial Services)
  • FNS50315 - Diploma of Finance and Mortgage Broking Management
  • FNS51715 - Diploma of Applied Anti-Money Laundering and Counter Terrorism Financing Management
  • FNS50815 - Diploma of Integrated Risk Management
  • FNS51815 - Diploma of Financial Services
  • FNS51515 - Diploma of Credit Management