Unit of competency Outline

Date retreived
23/07/2026 8:29 AM AWST

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Implement organisational improvement programs

Implement organisational improvement programs

Unit of competency
National Code
FNSACC605
State Code
AUQ29
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
080101 - Accounting
Original Release Date
16/09/2015
Nominal Hours
40
Description
This unit describes the skills and knowledge required to review current organisational improvement programs, contribute to strategic development, develop options for improvement and establish systems to support changes in resources management.It applies to experienced individuals who use systematic approaches and problem-solving skills to evaluate operational effectiveness and implement change.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.
Notes
Elements and Performance Criteria
1. Review programs
  • 1.1 Compare program costs and estimates with budget allocations and financial projections
  • 1.2 Analyse impact of revenue, cost and operational changes on program, together with project completion costs plus program objectives and estimate using standard financial analysis and resource management techniques
  • 1.3 Evaluate program outcomes and performance against objectives to identify variations, contingencies and scope for review and development
  • 1.4 Assess financing options, including costs, timeframes and expected returns, against program goals and objectives
2. Contribute to strategic development
  • 2.1 Develop long-term financial objectives and resource management objectives to support organisational goals and aims
  • 2.2 Identify trends and environmental factors through consultation and use of standard financial analysis and resource management techniques
  • 2.3 Make realistic assessments of financial and resource management implications of external influencing factors on future objectives and present position
  • 2.4 Evaluate organisational strengths and weaknesses against external relationships and environmental factors
3. Develop options for improvement
  • 3.1 Identify causes of variations in projected organisational outcomes, and develop and implement appropriate contingency plans to minimise losses
  • 3.2 Regularly review organisational plans to encompass changes to operational environment and assess factors influencing achievement of objectives
  • 3.3 Identify and evaluate improvement options against organisational weaknesses
4. Establish systems to support change
  • 4.1 Ensure strategic reviews monitor program allocations, including analysis of resource management needs, information technology needs and management processes
  • 4.2 Monitor expenditure and revenue items to ensure compliance with budget and variations identified
  • 4.3 Systematically communicate aims and goals of identified changes to staff and personnel using recognised communication processes and techniques
  • 4.4 Ensure information on changes is readily available, and develop procedures and guidelines to promote absorption of changes into organisational practices
No information
No information
Replaces
State Code National Code Title Type
D4050 FNSACC605A Implement organisational improvement programs Unit of competency
State Code National Code Title Type
BDQ1 FNS60217 Advanced Diploma of Accounting Qualification
AWD8 FNS60215 Advanced Diploma of Accounting Qualification
BHW9 FNS60222 Advanced Diploma of Accounting Qualification