Unit of competency Outline

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

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Analyse financial markets and information

Analyse financial markets and information

Unit of competency
National Code
FNSFMK501
State Code
AUR12
TGA Status
Replaced
DTWD Status
Replaced
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
60
Description
This unit describes the skills and knowledge required to monitor and assess markets and information, analyse economic trends and developments, and provide market reports.It applies to individuals who use specialised knowledge, systematic approaches and analytical skills to provide recommendations and guidance in strategic organisational activity.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Determine key financial markets for analysis
  • 1.1 Identify different sectors that occur within the financial market
  • 1.2 Analyse the interrelationship between different market sectors, participants and the economy
2. Access market information
  • 2.1 Clearly establish aims and objectives of financial markets analysis are in accordance with client and organisational requirements
  • 2.2 Set clear and quantifiable parameters for identification and sourcing of information in accordance with legislative and organisational requirements
  • 2.3 Access and evaluate market information and data in terms of validity, reliability and relevance in accordance with identified analysis requirement
  • 2.4 Use appropriate methods of analysis, testing, assessment and evaluation to the information and goals and objectives of research
3. Interpret trends and market developments
  • 3.1 Undertake quantitative and/or qualitative analysis of comparative market data using standard financial analysis techniques
  • 3.2 Identify and evaluate economic trends and market developments in terms of potential implications and impacts on business
  • 3.3 Identify and quantify risk contingencies in accordance with industry standards, precedents and techniques
  • 3.4 Apply sound inductive reasoning to ensure consistency of interpretations based on available information
4. Report on market data
  • 4.1 Prioritise and prepare market performance, trends and risk analyses for presentation in required format, style and structure
  • 4.2 Verify conclusions are current and sufficiently detailed to meet identified analysis requirements
  • 4.3 Prepare and distribute reports to relevant persons within agreed timeframes and in accordance with organisational requirements
  • 4.4 Use market information and data in accordance with relevant legal and ethical constraints and organisational requirements
No information
No information
Replaces
State Code National Code Title Type
D4123 FNSFMK501A Analyse financial markets and information Unit of competency
Replaced By
State Code National Code Title Type
OBR81 FNSFMK521 Analyse financial markets and information Unit of competency