Unit of competency Outline

Date retreived
21/07/2026 11:51 PM AWST

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Analyse and comment on management reports

Analyse and comment on management reports

Unit of competency
National Code
FNSORG508
State Code
AUS39
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
080399 - Business And Management, N.e.c.
Original Release Date
16/09/2015
Nominal Hours
40
Description
This unit describes the skills and knowledge required to identify and strategically analyse irregularities in management reports, and document recommendations to achieve business forecasts or expected outcomes.It applies to individuals who use well-developed analytical and problem-solving techniques to complete their work.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Establish items that require analysis
  • 1.1 Identify and determine parameters and key requirements to be included in management reports
  • 1.2 Review content of reports to identify abnormal or unusual items, exceptions and variations for comment
2. Analyse components identified
  • 2.1 Compare actual results to forecast or expected outcomes to identify items requiring further examination
  • 2.2 Obtain all information on identified items to enable report to be prepared
3. Report on findings
  • 3.1 Explain outcomes, results and variances to satisfy management questions
  • 3.2 Document recommendations on required action in accordance with organisational requirements
  • 3.3 Record outstanding matters to enable follow up action to be implemented
No information
No information
Replaces
State Code National Code Title Type
D4269 FNSORG508A Analyse and comment on management reports Unit of competency