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Elements and Performance Criteria
Elements describe the essential outcomes.
Performance criteria describe the performance needed to demonstrate achievement of the element.
1. Review financial transactions.
1.1.Check that transactions comply with organisational procedures.
1.2.Check that balances prepared by others are accurate and comply with organisational procedures.
1.3.Identify financial and system discrepancies and resolve according to level of responsibility.
1.4.Implement financial systems and financial control systems according to organisational procedures.
1.5.Monitor systems and provide feedback to appropriate management.
2. Complete routine records and reports.
2.1.Complete routine records and reports accurately within designated timelines.
2.2.Process end or close of day trading and reports.
2.3.Forward reports to appropriate colleagues or department.
2.4.Reduce waste by minimising use of printed materials.