Page 48 - LEARNER GUIDE FNSACC313

Perform Financial Calculations

MAPPING MATRIX

UNIT OF COMPETENCY STANDARDS REFERENCE
1.1 Obtain input data and verify as required for workplace Pages 4-44
calculations
1.2 Determine required outcomes of calculations and confirm Pages 5 – 44
from task specifications
1.3 Acquire resources and equipment needed to perform All Practical Applications
calculations effectively
1.4 Use simple spreadsheets where necessary to perform 44
repeated calculations
2.1 Identify and obtain equipment required to perform 16-20
calculations, including hand-held calculators
2.2 Select method suitable for required calculations 4-44
2.3 Perform financial calculations to complete work All Practical Applications
requirements using techniques suited to selected method
3.1 Check results to confirm that calculations are accurate 5-14; Solutions provided for
and meet required outcomes, and identify and correct routine checking.
computational errors
3.2 Record calculation results according to organisational All Practical Applications
requirements Policy and Procedure Manual
3.3 Store or electronically file calculation worksheets for 41
future use according to organisational policy and procedures

SKILL FOUNDATION SKILLS STANDARD​ REFERENCE*
*PA means Practical
Application
Reading Interprets instructions and carefully analyses information All practice activities
for errors and discrepancies with solutions; and
practical applications
Writing Records information accurately using correct spelling, All practice activities and
grammar and conventions practical solutions
Numeracy Performs mathematical calculations accurately,
including:
● addition, subtraction, multiplication, division PP 6-12; 17-20
● percentages, PP 15-16
● fractions, PP 13 – 14
● decimals and PP 27 – 28
● straight line graphs PP 33 – 39

to undertake financial computations
Navigate Follows organisational protocols, policies and Policies and Procedures
the world procedures relevant to own role Manual
of work All Practical Applications
Get the Plans, organises and implements tasks according to Policies and Procedures
work done organisational requirements Manual
All Practical Applications
Uses the main features and functions of digital tools to PP 22 – 31
complete work tasks PP 44 – 45
PP 46 – 63

Anne Bowden ©2020