This unit describes the performance outcomes, skills and knowledge required to analyse financial reports and budgets as a member of a Board of governance of an organisation. Some aspects of governance activities may be subject to legislation, rules, regulations and/or codes of practice relevant to different job roles and jurisdictions

Unit details

Study level:
Vocational and further education (TAFE)
Unit code:


Assessment tasks will be designed to reinforce and extend knowledge and skill competence within set and controlled parameters in accordance with each unit's learning outcomes and performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines. Students will be expected to demonstrate the following required skills: - culturally appropriate communication skills to relate to people from diverse backgrounds and to people with diverse abilities; - communication and negotiation skills to work cooperatively with other Board members, management and staff of the organisation, key stakeholders and members of the community; - literacy skills to read and interpret rules, regulations, policies and other workplace documentation; - numeracy skills to evaluate and make decisions based on financial data, and; - technology skills to understand management and accounting systems. Students will also be expected to demonstrate the following knowledge: - cultural context relevant to the community and location: as boards of governance oversee a wide variety of organisations, they must therefore ensure that they operate within the traditional and cultural values of the relevant context/s; - key provisions of relevant legislation from all levels of government that affects business operations, codes of practice and national standards, and; - organisational constitution, codes of conduct functions, policies and procedures.

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