Elements and Performance Criteria

The range of variables places the competency in context and allows for differences between enterprises and workplaces, including practices, knowledge and requirements. The range of variables also provides a focus for assessment and relates to the unit as a whole. The following variables may be present.

Resources:
· personnel with required knowledge and expertise
· computer and data analysis software
· vehicles
· budgetary commitment
· full and free (search warrant) access to records.

Business's operating systems:
Systems relating to the business's general operation including:
· product movement
· processing
· sales
· purchases
· receivals
· inventory
· finances.

Targeted activity:
· handling of illegal catches
· misrepresentation of fish catches, inventory stock and products
· money laundering
· quota inconsistencies
· unrecorded sales.

Material information/evidence:
· source documents for accounting, including purchase, sales, processing and freight documentation
· stock control, processing and accounting instruction manuals
· business plans, journals and ledgers
· vehicle log books
· personnel time sheets
· cash book/general ledger/computerised accounting systems
· fish stocks (unprocessed, processed)
· freight registers
· energy purchase accounts (gas, electricity)
· telephone records
· product labels
· unrecorded cash floats.

Audit methodologies:
· substantive selection of transactions over a period of time as specified in the audit plan.
· target specific suppliers, customers, locations, species, stock volume, freight services, times as specified in the audit plan
· cross referencing of documentation between business's operating systems
· combination of methodologies
· third party verification.

Each unit of competency has an evidence guide that relates directly to the performance criteria and the range of variables. Its purpose is to guide assessment of the unit in the workplace and/or training program. The following components provide information to assist this purpose.

Underpinning knowledge
The essential knowledge and understanding a person needs to perform work to the required standard include:
· business's operating systems including product movement, processing, sales, purchases, receivals, inventory, financial
· industry business practices
· fraudulent practices used within the Seafood Industry
· audit procedures and techniques and data pattern matching
· evidence gathering and maintenance in accordance with rules of evidence.

Practical skills
The essential skills a person needs to perform work to the required standards include:
· analysing and solving problems
· working in an orderly and logical manner.

Literacy skills used for:
· reading and interpreting business and processing documentation
· preparing flow charts and working papers
· writing audit plans, programs and reports.

Numeracy skills used for:
· evaluating transactions
· preparing audit plans, programs and reports.

Computer skills used for:
· preparing spreadsheets.

Critical aspects of competence
Assessment must confirm an ability to:
· plan, conduct and evaluate an investigative audit in accordance with jurisdictional laws, policies and procedures.

Assessment must confirm knowledge of:
· investigative audit procedures and business operating systems.

Interdependent assessment of units
This unit may be assessed after/with:
· No recommendations.

Context of assessment
Assessment is to be conducted at the workplace or in a simulated work environment.

Method of assessment
The following assessment methods are suggested:
· written or oral short answer testing
· practical exercises
· project work
· demonstration.

Resources required for assessment
Resources may include:
· case study or workplace scenario
· business related documentation and operational business to audit.