Unit of competency Outline
Date retreived
22/07/2026 8:40 AM AWST
22/07/2026 8:40 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Conduct an investigative audit
Conduct an investigative audit
Unit of competency
National Code
SFICPL401
SFICPL401
State Code
OAR90
OAR90
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
21/10/2019
Field of Education
080101 - Accounting
Original Release Date
21/10/2019
Nominal Hours
40
Description
This unit of competency describes the skills and knowledge required to plan and conduct an investigative audit, evaluating evidence of record keeping compliance and unlawful transactions related to fisheries compliance.The unit applies to individuals who conduct investigative audits within a single fishery business, or who follow a transaction trail across several businesses along the supply chain.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Determine audit risk
- 1.1 Develop knowledge of business structures and practices associated with fish production records, processing, wholesale and retail marketing
- 1.2 Determine scope of audit program in the context of relevant fisheries management arrangements, fraud risk assessment and available intelligence
2. Develop audit plan
- 2.1 Define initial audit objectives based on type of business being audited
- 2.2 Determine resources required to conduct audit, and plan for their allocation
3. Identify operating systems for the business entity being audited
- 3.1 Prepare flowchart and working papers documenting business operating systems
- 3.2 Assess potential for targeted activity within business entity fishing operation
- 3.3 Assess potential for success in locating authentic material information and evidence related to targeted activity and audit objectives
- 3.4 Select appropriate audit methodologies and types of material information and evidence
4. Conduct investigative audit
- 4.1 Incorporate selected audit methodologies into audit plan and adjust, as required, by the audit progress
- 4.2 Conduct stocktake according to audit plan
- 4.3 Perform substantive tests of transactions within the business operating systems for the time period specified in audit plan, and identify anomalies and irregularities
- 4.4 Document results of investigations
5. Evaluate, review and report on the audit
- 5.1 Ensure information and evidence obtained is sufficient, complete, reliable and valid
- 5.2 Ensure evidence meets jurisdictional requirements for admissibility of evidence
- 5.3 Prepare and issue audit report to relevant authorities
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D9209 | SFICOMP501C | Conduct an investigative audit | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| BEJ1 | SFI40319 | Certificate IV in Fisheries Compliance | Qualification |
| BEJ0 | SFI50219 | Diploma of Fisheries Compliance | Qualification |