BSBFIM601 - Manage Finances

ASSESSMENT 2 – Marking Guide

Student Name:

Student ID No:

 Statement of financial position attached

 Statement of financial performance attached
 Additional analyses attached

Student checklist – Analyse business Satisfacto

performance ry
Date Observed:

Student accessed required information from supervisor (e.g. company policy /

 Yes  No
authorisation measures)

Student correctly interpreted and followed given instructions / procedures  Yes  No

Student accessed and correctly interpreted and followed financial report

 Yes  No
preparation legislation

Student accurately and correctly prepared a statement of financial position as directed, including:

 Student included appropriate diagrams / graphs to highlight information  Yes  No

 Student ensured statement complied with AASB standards and statutory

 Yes  No
compliance guidelines

 All graphs / data were clearly displayed, correctly labelled and accurately prepared  Yes  No

Student accurately and correctly prepared a statement of financial performance as directed, including:

 Student included appropriate diagrams / graphs to highlight information  Yes  No

 Student ensured statement complied with AASB standards and statutory

 Yes  No
compliance guidelines

 All graphs / data were clearly displayed, correctly labelled and accurately prepared  Yes  No

Student prepared additional graphs / spreadsheets to demonstrate the following clearly and
accurately including:

BSBFIM601 Manage Finances – Assessment Marking Guide - 2 Last Updated: December 2018, V. 1.0

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  Actual data  Yes 
No

 Company goals  Yes 

No

 Variances between company goals and actual data  Yes 

No
Graphs / statements were prepared following set procedures and adhering to
 Yes 
Australian accounting standards
No

Student demonstrated functional keyboard and computing skills  Yes 

No

Student demonstrated the ability to read and interpret financial information / statements  Yes 
No

Student adhered to the principles of double entry accounting  Yes 

No

Student demonstrated basic skills in accrual accounting  Yes 

No

Student communicated effectively with instructor / supervisor at all times  Yes 

No

Student gathered and verified all data effectively  Yes 

No
Student demonstrated good time-management skills by submitting return within
 Yes 
acceptable timeframes
No

Comments

Result: Satisfactory | Not Satisfactory

onducted a fair, valid, reliable and flexible assessment with this student, and I have provided appropriate feedback
Name: _ Signature: _ Date: / / _