Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 9K views

    Performance Objectives Q&A

    Uploaded by

    rhoquaye
    The document outlines 20 performance objectives for finance roles, with 3 challenge questions for each. The objectives cover areas like ethics, governance, risk management, communication, technology use, and financial tasks like budgeting, auditing, taxation, and more. Candidates are asked to provide examples from their experience to demonstrate how they have met each objective and developed the relevant skills in their current or previous roles.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd

    Performance Objectives Q&A

    Uploaded by

    rhoquaye
    9K views5 pages
    The document outlines 20 performance objectives for finance roles, with 3 challenge questions for each. The objectives cover areas like ethics, governance, risk management, communication, technology use, and financial tasks like budgeting, auditing, taxation, and more. Candidates are asked to provide examples from their experience to demonstrate how they have met each objective and developed the relevant skills in their current or previous roles.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document outlines 20 performance objectives for finance roles, with 3 challenge questions for each. The objectives cover areas like ethics, governance, risk management, communication, technology use, and financial tasks like budgeting, auditing, taxation, and more. Candidates are asked to provide examples from their experience to demonstrate how they have met each objective and developed the relevant skills in their current or previous roles.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    9K views5 pages

    Performance Objectives Q&A

    Uploaded by

    rhoquaye
    The document outlines 20 performance objectives for finance roles, with 3 challenge questions for each. The objectives cover areas like ethics, governance, risk management, communication, technology use, and financial tasks like budgeting, auditing, taxation, and more. Candidates are asked to provide examples from their experience to demonstrate how they have met each objective and developed the relevant skills in their current or previous roles.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 5
    At a glance
    Powered by AI
    The document outlines 9 essential performance objectives and several optional objectives for employees to demonstrate competencies in areas like ethics, governance, risk management, self-management, communication, technology use, and financial and operational management.

    The 9 performance objectives are: 1) Demonstrate professional ethics, values and judgment. 2) Contribute to effective governance. 3) Raise awareness of non-financial risk. 4) Manage self. 5) Communicate effectively. 6) Use information and communications technology. 7) Manage ongoing activities. 8) Improve departmental performance. 9) Manage an assignment.

    Each performance objective includes 3 challenge questions to help assess competency in that area, for example questions around demonstrating ethical behavior (objective 1), contributing to governance (objective 2), dealing with non-financial risk (objective 3) and so on.

    PERFORMANCE OBJECTIVES & CHALLENGE QUESTIONS

    ESSENTIAL PERFORMANCE OBJECTIVES – COMPLETE ALL NINE

    Performance Objective 1 Demonstrate the application of professional ethics, values


    and judgment

    Q1 Describe an occasion on which you had to demonstrate ethical behaviour.

    Q2 What did you learn from this experience and how will it influence your future behaviour
    in the work place?

    Q3 What would have been the impact had you not behaved ethically in this situation?

    Performance Objective 2 Contribute to the effective governance of an organization

    Q1 Describe how in your role you have contributed to effective governance, provide at least
    two examples.

    Q2 In what way did you make sure you acted in the best interest of all concerned?

    Q3 What negative Impacts would have resulted if you had not acted in the way you did?

    Performance Objective 3 Raise awareness of non-financial risk

    Q1 What experience have you had in dealing with non=-financial risk?

    Q2 Using an experience in your workplace explain how you have ensured that the risk was
    correctly dealt with.

    Q3 How did your organization benefit from your actions?

    Performance Objective 4 Manage self

    Q1 What have you learned about how you work as an individual?

    Q2 How have you changed your behaviour or approach in the workplace as a result of what
    you have learned?

    Q3 How has this helped improve work outputs or Business results in your area?

    Performance Objective 5 Communicate effectively


    Q1 Describe situation where you have effectively demonstrated each of the Forms of
    communication mentioned?

    Q2 What did you do to help you communicate effectively?


    Q3 How have your communication skills helped you to improve your performance
    elsewhere?

    Performance Objective 6 Use information and communications technology

    Q1 Describe your experience of using information Technology.

    Q2 How have you applied your IT skills to improve your performance?

    Q3 How has your IT skills and associated improved performance benefited the wider
    organization.

    Performance Objective 7 Manage ongoing activities in your area of responsibility


    Q1 Describe how you have managed the ongoing (business as usual) activities in your role.

    Q2 Explain where you have recommended your approach to managing ongoing activities to
    others and why.

    Q3 How does your approach to managing your activities contribute to organization


    performance.

    Performance Objective 8 Improve departmental performance


    Q1 Describe an occasion when you have identified an opportunity to improve
    departmental performance.

    Q2 How did you contribute to developing the opportunity for development?

    Q3 Was this opportunity fully successful, why was this? If not, why Not?

    Performance Objective 9 Manage an assignment

    Q1 Describe your role in Managing a discrete assignment.

    Q2 How did you apply learning from your day-to day role in this assignment?

    Q3 What did you learn from the assignment that will help you in your day to –day role.

    OPTIONS PERFORMANCE OBJECTIVES – CHOOSE ANY FOUR

    Performance Object 10 Prepare financial statements for external purposes


    Q1 Describe your role in Managing a discrete assignment.
    Q2 How did you apply learning from your day-to day role in this assignment?

    Q3 What did you learn from the assignment that will help you in your day to-day role.

    Performance Objective 11 Interpret financial transactions and financial statements


    Q1 Outline your contribution to interpreting financial transactions or financial statements

    Q2 How has this interpretation helped your department or organization?

    Q3 What business decisions have or could be made based on this interpretation?

    Performance Objective 12 Prepare financial information for management

    Q1 Explain your role in preparing financial information for management

    Q2 Identify some examples where you have had to investigate the information to ensure its
    validity and why

    Q3 How have you in your role personally improved the quality of information you provide
    for management use?

    Performance Objective 13 Contribute to budget planning and production

    Q1 Describe how you have been involved in Budget Planning and production.

    Q2 Explain, having developed the budget, how you have make sure that it has been
    implemented correctly.

    Q3 What would be the impact on your department or organization if the Budget you
    supplied were not properly prepared?

    Performance Objective 14 Monitor and control budgets

    Q1 Describe your role in monitoring and controlling budgets.

    Q2 How have these budgets affected your day to-day role?

    Q3 With some examples how have you used these budgets to help others within your
    organization?

    Performance Objective 15 Evaluate potential business/investment opportunities and


    the required finance options

    Q1 Outline your experience in this area

    Q2 What have you done to fully analyse investment opportunities?


    Q3 How has research you have done been integrated into a recommendation for
    management?

    Performance Objective 16 Manage cash using active cash management and treasury
    systems

    Q1 Explain your role in managing cash effectively.

    Q2 How have you improved the Cash management system that you work with?

    Q3 What would be the business impact of you not managing cash effectively?

    Performance Objective 17 Prepare for and collect evidence for audit


    Q1 Describe your role and the experience you had in relation to audits

    Q2 With workplace illustrations, how have you found that ineffective planning undermines
    the quality of

    Q3 From your audit work, how have you been able to contribute to improved business
    performance?

    Performance Objective 18 Evaluate and report on audit

    Q1 Explain your role in evaluating and reporting on audit assignments

    Q2 Using examples, what factors and issues have you uncovered through work on drafting
    audit reports?

    Q3 What have been the business benefits of your reports?

    Performance Objective 19 Evaluate and compute taxes payable


    Q1 Outline your experience in evaluating and computing taxes payable

    Q2 How have you ensured that the information you have used is complete?

    Q3 How have you ensured that your information is made best use of by the organization?

    Performance Objective 20 Assist with tax planning


    Q1 Outline your responsibilities in assisting with tax planning

    Q2 How could some of the work you have done contribute to providing advice in other
    situations?

    Q3 How did your work improve the financial position of the company?

    You might also like