Assessment Task 2 2 
Implement financial management approaches
Submission details
Candidate’s name
Phone no.
Assessor’s name
Phone no.
Assessment site
Assessment date/s
Time/s
The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor.
Submit this document with any required evidence attached. See specifications below for details.
Performance objective
The candidate will demonstrate the ability to implement financial management approaches.
Assessment description
In response to the scenario provided, you will access and communicate details of budget to a team member (assessor). You will then support the team member to perform their required role with respect to software resources and systems.
Procedure
1. Consider the scenario provided and tasks A and B
2. Prepare to meet with your team member (assessor) to communicate budget and then coach and train them in new role:
a. access required budget information from assessor
b. determine organisational needs
c. identify coaching/training needs of team member
d. plan coaching/ training session:
i. Outcome : team member produces spreadsheet to meet management requirements ii. Include activities/elements to instruct, practice, test, motivate
e. Use appropriate coaching techniques or models such as grow
f. Use appropriate motivational theory
Specifications
You must: meet with your assessor to role-play support of team member submit coaching/training plan.
Your assessor will be looking for: numeracy skills to read and understand a budget and to communicate a budget technology skills to use software associated with financial record keeping knowledge of basic accounting principles to identify and use account balances in communication and training knowledge of organisational requirements related to financial management such as contained in organisational policies and procedures requirements for organisational record keeping and auditing with respect to
Submission details
Candidate’s name
Phone no.
Assessor’s name
Phone no.
Assessment site
Assessment date/s
Time/s
The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor.
Submit this document with any required evidence attached. See specifications below for details.
Performance objective
The candidate will demonstrate the ability to implement financial management approaches.
Assessment description
In response to the scenario provided, you will access and communicate details of budget to a team member (assessor). You will then support the team member to perform their required role with respect to software resources and systems.
Procedure
1. Consider the scenario provided and tasks A and B
2. Prepare to meet with your team member (assessor) to communicate budget and then coach and train them in new role:
a. access required budget information from assessor
b. determine organisational needs
c. identify coaching/training needs of team member
d. plan coaching/ training session:
i. Outcome : team member produces spreadsheet to meet management requirements ii. Include activities/elements to instruct, practice, test, motivate
e. Use appropriate coaching techniques or models such as grow
f. Use appropriate motivational theory
Specifications
You must: meet with your assessor to role-play support of team member submit coaching/training plan.
Your assessor will be looking for: numeracy skills to read and understand a budget and to communicate a budget technology skills to use software associated with financial record keeping knowledge of basic accounting principles to identify and use account balances in communication and training knowledge of organisational requirements related to financial management such as contained in organisational policies and procedures requirements for organisational record keeping and auditing with respect to