Mode through which exposure will Expected levels of competence be gained (i.e. at the end of each year of the Detailed examples of activities to be on-the-job training contract Competency to be performed by trainees to demonstrate experience/ achieved Tasks to be performed Yr1 Yr2 Yr3 Yr4 Yr5 competence in this task simulation) FM(E)1 Evaluates the FM(E)1.1 Evaluates the entity’s/business unit’s financial position, entity's for example, using financial analysis, ratio analysis, trend financial analysis and/or cash flow analysis, etc. situation FM(E)1.2 Recommends improvements to the performance of the entity/business unit, based on the analysis performed FM(E)2 Monitors cash FM(E)2.1 Prepares or evaluates a cash flow forecast for an flow entity/business unit FM(E)2.2 Identifies when there may be a cash shortfall and recommends possible action plans FM(E)3 Evaluates the FM(E)3.1 Evaluates the entity's/business unit’s current working entity's capital position or components of it, for example, working capital inventory, accounts receivable or payable management, etc. and, where required, recommends improvements FM(E)4 Identifies and FM(E)4.1 Evaluates an entity’s/business unit’s funding needs evaluates FM(E)4.2 Evaluates sources of funding to meet the sources of entity’s/business unit’s funding needs funds FM(E)4.3 Evaluates the need for the use of financial instruments in managing an entity’s/business unit’s funding needs FM(E)5 Evaluates FM(E)5.1 Evaluates a business plan or financial proposal business FM(E)5.2 Evaluates the appropriateness and impact of the growth plans, financial strategies formulated and adopted by the entity proposals or growth strategies
Competency to be achieved Tasks to be performed Expected levels of competence at the end of each year of the training contract Detailed examples of activities to be performed by trainees to demonstrate competence in this task Mode through which exposure will be gained (i.e. on-the-job experience/ simulation) Yr1 Yr2 Yr3 Yr4 Yr5 FM(E)1 Evaluates the entity's financial situation FM(E)1.1 Evaluates the entity’s/business unit’s financial position, for example, using financial analysis, ratio analysis, trend analysis and/or cash flow analysis, etc. FM(E)1.2 Recommends improvements to the performance of the entity/business unit, based on the analysis performed FM(E)2 Monitors cash flow FM(E)2.1 Prepares or evaluates a cash flow forecast for an entity/business unit FM(E)2.2 Identifies when there may be a cash shortfall and recommends possible action plans FM(E)3 Evaluates the entity's working capital FM(E)3.1 Evaluates the entity's/business unit’s current working capital position or components of it, for example, inventory, accounts receivable or payable management, etc. and, where required, recommends improvements FM(E)4 Identifies and evaluates sources of funds FM(E)4.1 Evaluates an entity’s/business unit’s funding needs FM(E)4.2 Evaluates sources of funding to meet the entity’s/business unit’s funding needs FM(E)4.3 Evaluates the need for the use of financial instruments in managing an entity’s/business unit’s funding needs FM(E)5 Evaluates business plans, financial proposals or growth strategies FM(E)5.1 Evaluates a business plan or financial proposal FM(E)5.2 Evaluates the appropriateness and impact of the growth strategies formulated and adopted by the entity
Generic_Training_Plan_2016_Financial_Management.docx