Assessment Type Assessment -02 ( Project) Time allowed
Due Date Location AHIC Term / Year
Unit of Competency
National Code/Title FNSACC605 Implement organisational improvement programs
Student Details
Student Name Student ID
Student Declaration: I declare that the work submitted is my own, and has not been copied or plagiarised from any person or source. Signature: ____________________________
Date: _____/______/__________
Assessor Details
Assessor’s Name
RESULTS (Please Circle) SATISFACTORY NOT SATISFACTORY
Feedback to student:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..
Student Declaration: I declare that I have been assessed in this unit, and I have been advised of my result. I am also aware of my appeal rights.
Signature: _______________________________
Date: ______/_______/___________
Assessor Declaration: I declare that I have conducted a fair, valid, reliable and flexible assessment with this student, and I have provided appropriate feedback.
Signature: ________________________________________
Date: ______/_______/___________
Instructions to the Candidates
? This assessment is to be completed according to the instructions given below in this document.
? Should you not answer the tasks correctly, you will be given feedback on the results and gaps in knowledge. You will be entitled to one (1) resubmit in showing your competence with this unit.
? If you are not sure about any aspect of this assessment, please ask for clarification from your assessor.
? Please refer to the College re-submission and re-sit policy for more information.
? If you have questions and other concerns that may affect your performance in the Assessment, please inform the assessor immediately.
? To be deemed competent for this unit you must achieve a satisfactory result with tasks of this assessment along with a satisfactory result for the other assessment (Written Response)
? This is an Open book assessment which you will do in your own time but complete in the time designated by your assessor. Remember, that it must be your own work and if you use other sources then you must reference these appropriately.
? This is Individual Assessments. Once you have completed the assessment, please provide the Hard copy of the Assessments to your Trainer/ Assessor.
? Plagiarism is copying someone else’s work and submitting it as your own. Any Plagiarism will result in a mark of Zero.
Assessment 2
Instructions to the assessor:
The following answers are provided for you. Please ensure that when making the student’s work you adhere to the prescribed answers. The benchmark answers are intended as a guide to ensure consistency and reliability. The student will collate all answers to assessment tasks and submit by the due dates as confirmed with their Trainer/Assessor.
Implement organisational improvement programs
Scenario1:
Students are to undertake the Scenario and respond to the 5 points identified below.
Answers to questions may vary depending on the company selected
You have been asked to review the performance against budget of the organisation you work for and make the necessary recommendations based on the current performance for the upcoming 12-month period.
This scenario requires you to review the performance of an ASX listed company.
You can select one of the organisations list below:
? SKILLED group
? Qantas
? Woolworths
? Toll Group
Research the organisation you have selected and save and print the financial documents for the organisation. You will need to access:
? The Budget, Profit and loss, Cash flow
? Business objectives
? Key performance indicator and the business plan
? Financial policy
? Budget policy
? Directors Report
? Independent auditor’s reports
1. Review the variations in projected organisational outcomes including:
a. Financial
b. Budget
c. Policy changes
d. Business’s objectives
e. Key performance indicators
f. Discuss whether the goals of the organisation are being met.
2. Review the following and discuss whether the goals of these documents are being met:
a. Financial
b. Budget policy
c. Business Objectives
d. Key performance Indicators
3. Using standard financial analysis, review the trends in performance for the past 3 years and comment on any changes you have identified.
4. Review the organisations non-current liabilities
a. Has this increased / decreased over time
b. Examine any alternative finance options that could be used to manage debt reduction in your chosen company.
5. Based on the information you have gathered on this organisation undertake a SWOT analysis. From this evaluation, recommend improvements to the overall financial processes in the organisation. Identify from the financial reports if the company has been impacted by environment factors?
Consider the following whilst undertaking the SWOT analysis.
a. The organisations attitude to risk
b. Debt to equity ratio
c. Decision making authorities
d. Budget creation
e. Market profile
f. Resource management
g. Information technology requirements
6. How would you achieve the strategic development through implementation of strategic plans?
Print all documents you have used to prepare your reports and ensure you reference any information in your portfolio of evidence.
