UNIT
Release 3 | This version first released with FNS Financial Services Training Package Release 8.1. Pre-requisite unit updated. |
Release 2 | This version first released with FNS Financial Services Training Package Version 3.1 Update to pre-requisite unit code |
This unit describes the skills and knowledge required to assess financial risk and exposure, analyse financial histories and establish processes to minimise risks associated with an organisation’s cash flow or assets and securities.
It applies to experienced individuals with specialised knowledge who use well-developed analytical skills and systematic approaches to manage and mitigate risk in their area of responsibility.
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
FNSACC521 | Provide financial and business performance information |
Accounting
FNSACC609 Evaluate financial risk | FNSACC609A Evaluate financial risk | Updated to meet Standards for Training Packages Minor edits to clarify intent of element Prerequisite updated | No equivalent unit |
Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe
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