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 FNSSMS602A, 'Apply taxation requirements when advising in self-managed superannuation funds'.
- Google Links
- links to google searches, with filtering in place to maximise the usefulness of the returned results
- Books
- Reference books for 'Apply taxation requirements when advising in self-managed superannuation funds' 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 |
1. Identify and explain taxation requirements for fund structures and adviser role to the trustee | 1.1. The importance of receiving complete advice on taxation requirements and implications for fund and appropriate providers/referrals for specialist advice are identified 1.2. Scope and authority of taxation information able to be provided are explained to the client/trustee 1.3. Sources of taxation information appropriate to self-managed superannuation funds are identified 1.4. Taxation and other requirements that apply to trustee and self-managed superannuation fund structures within the scope of authority are explained to the client/trustee 1.5. Clients/trustees are informed of the role of the Australian Taxation Office (ATO) in regulating/supervising self-managed superannuation funds 1.6. Clients/trustees are informed of fund residency requirements for taxation purposes |
2. Identify and explain implications for contributions to the trustee within the scope of adviser authority | 2.1. Appropriate providers/referrals of taxation advice are identified and scope of taxation information on contributions able to be provided is explained 2.2. Clients/trustees are informed of the types of allowable contributions that the self-managed superannuation fund can claim and investment restrictions 2.3. Taxation treatment of contributions to self-managed superannuation funds is explained to the client/trustee 2.4. Taxation concessions for the contributor are identified and explained to the client/trustee 2.5. Taxation impacts and risks regarding the selection of various contributions are reinforced to client/trustee 2.6. Client/trustee is informed of the treatment of rollovers, including 'in specie contribution' issues 2.7. The client/trustee is informed to seek advice for higher level/specialist advice if required |
3. Identify and explain implications for fund income/assets to the trustee | 3.1. The importance of receiving complete advice on implications for fund income and assets is identified 3.2. Appropriate providers/referrals for this specialist advice are identified 3.3. The treatment of reserves and residual fund assets are explained to the client/trustee within scope of adviser authority 3.4. Client/trustee is informed of taxation implications and benefits relating to investment earnings including capital gains tax (accumulation and pensions) within scope of adviser authority 3.5. Goods and Services Tax (GST) and Pay As You Go (PAYG) implications for fund income, expenditure and benefit payments are explained to the client/trustee within scope of adviser authority 3.6. Fund tax deductions available to self-managed superannuation funds for clients/trustee are identified within scope of adviser authority 3.7. Fund credits for clients/trustee are identified within scope of adviser authority 3.8. Client/trustee is informed of the treatment of franking credits (accumulation and pension within scope of adviser authority 3.9. The impact of deductions on fund taxation outcome is explained to clients/trustee within scope of adviser authority |
4. Identify and explain implications for benefits to the trustee | 4.1. Treatments of lump sum Eligible Termination Payment (ETP) payments (tax calculations, tax reporting) considerations are explained to the client/trustee 4.2. The client/trustee is advised of the superannuation surcharge considerations and reporting issues 4.3. Taxation of income streams paid to the individual from the self-managed superannuation funds is explained to client/trustee within scope of adviser authority 4.4. The client/trustee is informed of the treatment of death benefits, and binding, non-binding or no beneficiary nominations (lump sum and pension issues) within scope of adviser authority 4.5. The client/trustee is made aware of treatment of complying and non-complying pensions (taxation and social security) issues within scope of adviser authority 4.6. The client/trustee is informed of the different Reasonable Benefit Limit (RBL) treatments and reporting issues pertaining to self-managed superannuation funds 4.7. The client/trustee is informed to seek advice for higher level/specialist advice if required |