Unit of competency Outline

Date retreived
23/07/2026 6:00 AM AWST

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Close out financial operations in development and/or humanitarian assistance contexts

Close out financial operations in development and/or humanitarian assistance contexts

Unit of competency
National Code
CHCDHA409A
State Code
D3549
TGA Status
Deleted
DTWD Status
Deleted
Current Release Number
1.00
Current Release Date
25/03/2011
State Implementation and Classification
Approved Date
21/07/2014
Field of Education
080101 - Accounting
Original Release Date
21/07/2014
Nominal Hours
30
Description
DescriptorThis unit of competency describes the skills and knowledge required to conduct a range of closeout operations, including year end, end of grant funding and project cessation closeouts
Notes
Elements and Performance Criteria
1. Close out grant at end of funding cycle
  • 1.1 Follow all organisation procedures in relation to closeout and in line with concepts and principles of aid effectiveness and community development
  • 1.2 Disburse all outstanding payments to vendors, taxation agencies and staff
  • 1.3 Clear all outstanding advances and expense reports
  • 1.4 Meet all donor requirements, including asset disposal, final financial reporting and record retention
  • 1.5 Provide all final financial reports to key internal stakeholders
  • 1.6 Remit all unspent funds back to the donor
2. Close out project or program
  • 2.1 Follow all organisation procedures in relation to closeout
  • 2.2 Disburse all outstanding payments to vendors, taxation agencies and staff
  • 2.3 Clear all outstanding advances and expense reports
  • 2.4 Meet all donor requirements, including asset disposal, final financial reporting and record retention
  • 2.5 Provide all final financial reports to key internal stakeholders
  • 2.6 Remit all unspent funds back to the donor
  • 2.7 Close all bank accounts, receive and review final statements
  • 2.8 Track all assets disposed or transferred to other projects in accordance with donor and organisation requirements
  • 2.9 Remove all financial documents to a secure location
3. Close out at end of financial year
  • 3.1 Complete reconciliation with donor funding to identify and carry forward funding to the new fiscal period
  • 3.2 Provide all required year-end financial reports to internal and external stakeholders in appropriate formats, which include all relevant data, and in a timely manner
  • 3.3 Record properly valuations of gift in-kind balances
RANGE STATEMENT

The Range Statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.


End of funding cycle refers to:
The end of the time frame approved by the donors for the program intervention


Organisation procedures may relate to:
Release of payroll funds
Transfer of bank funds
Transfer or destruction of records
Destruction of unused cheques
Transfer of electronic records
Destruction of journals and vouchers prior to last electronic back-up and audit
Evacuation of relevant hard copy records
Provision of advances to national staff


Concepts and principles of aid effectiveness and community development include:
Ownership, including:
using delivery processes that support partner countries to exercise effective leadership over their development policies and strategies
coordinating development actions
involving communities and local government in decision making, implementation, monitoring and evaluation
encouraging community's and local government's contribution to problem solving
Alignment, involving maintaining a comprehensive understanding of partner countries' national development strategies, institutions and procedures to guide program delivery
Harmonisation:
actively seeking to collaborate with other Official Development Assistance (ODA) partners to create added value and greater development effectiveness
Managing for results, including continuous improvement of systems to:
manage for development results
support evidence-based decision making
Mutual accountability, involving demonstration of:
full transparency and accountability for the use of development resources in program delivery


Donors may include:
Government:
Australian Agency for International Development (AusAID)
Canadian International Development Agency (CIDA)
European Union (EU)
Japan International Cooperation Agency (JICA)
U.S. Agency for International Development (USAID)
Multilateral:
World Food Program (WFP)
United Nations Children's Fund (UNICEF)
United Nations High Commissioner for Refugees (UNHCR)
Private donor:
internal
external
Corporate donor
Local representatives of all of the above
Local host government


End of program or project intervention may relate to:
Completion of development program or field intervention e.g. due to successful attainment of objectives
Decision to reposition humanitarian assistance as development activity
Decision to evacuate


Track assets may include:
Recording which staff are removing assets from the country
Recording assets left at various project locations
EVIDENCE GUIDE

The evidence guide provides advice on assessment and must be read in conjunction with the Performance Criteria, Required Skills and Knowledge, the Range Statement and the Assessment Guidelines for this Training Package.

Critical aspects for assessment and evidence required to demonstrate this unit of competency:
The individual being assessed must provide evidence of specified essential knowledge as well as skills
The application of competency is to be assessed in the work context or realistically simulated work context
Consistency of performance should be demonstrated over the required range of situations relevant to the work context
Assessors unable to assess through observation in a development or humanitarian assistance work context should particularly ensure the validity of evidence and determine with care the level of complexity at which management was undertaken
Assessment must confirm a reasonable inference that competency is able not only to be satisfied under the particular circumstance, but is able to be transferred to other circumstances


Access and equity considerations:
All workers in development and humanitarian assistance should be aware of access, equity and human rights issues in their own area of work
All workers should develop their ability to work in a culturally diverse environment
In particular workers should be aware of cultural, historical and current issues facing the people and culture in which they are working
Assessors and trainers must take into account relevant access and equity issues relating to the culture in which they are working


Context of and specific resources for assessment:
This unit may be assessed independently, however holistic assessment practice with other related units of competency is encouraged
Assessment of essential underpinning knowledge, other than confirmatory questions, will usually be conducted in an off-site context
Assessment must comply with relevant regulatory requirements and/or standards
Resources required for assessment include access to:
workplace location or simulated workplace
specifications and work instructions
policy manuals and procedure manuals (international and local, including sector specific finance manuals)
relevant documents (such as financial records, reports, account books, procurement forms and records)
relevant equipment (such as office equipment and communications equipment)
managers, co-workers and other finance personnel


Method of assessment:
Assessment needs to take into consideration the practical difficulties associated with attempting on-job assessment in the field
Assessment may be applied under project related conditions (real or simulated) and require evidence of process
Given the nature of this unit, assessment should be supported by supplementary evidence from a wide range of sources, preferably including evidence from one or more field situations
No information