Course Title: Maintain financial records

Part B: Course Detail

Teaching Period: Term1 2010

Course Code: ACCT5150C

Course Title: Maintain financial records

School: 155T Vocational Health and Sciences

Campus: City Campus

Program: C4209 - Certificate IV in Dental Assisting

Course Contact: Ms. Eleanor Schroeder

Course Contact Phone: +61 3 9341 1412

Course Contact Email: eleanor.schroeder@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Nominal Hours: 60

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

There are no pre-requisties and co-requisties

Course Description

1. Maintain daily financial records

2. Maintain general ledger

3. Monitor cash control


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBCMN308A Maintain financial records

Element:

1. Maintain daily financial records



2. Maintain general ledger




3. Monitor cash control



Performance Criteria:

1.1 Daily financial records are maintained correctly and in accordance with organisational requirements for accounting purposes
1.2 Discrepancies or errors in documentation or transactions are identified and rectified or referred to designated persons in accordance with organisational requirements
1.3 Credit and debit transactions are accurately and promptly entered into journals in accordance with organisational requirements

2.1 General ledger is maintained in accordance with organisational requirements
2.2 Transactions are posted into the general ledger in accordance with organisational reporting requirements
2.3 Debtors’ and creditors’ systems are reconciled with general ledger
2.4 Trial balance is accurately prepared from general ledger in accordance with organisational requirements


3.1 Cash flow is accurately accounted for in accordance with organisational requirements
3.2 Payments are made and received in accordance with organisational requirements
3.3 Outstanding accounts are collected or followed up within designated timelines


Learning Outcomes


1.1 Daily financial records are maintained correctly and in accordance with organisational requirements for accounting purposes
1.2 Discrepancies or errors in documentation or transactions are identified and rectified or referred to designated persons in accordance with organisational requirements
1.3 Credit and debit transactions are accurately and promptly entered into journals in accordance with organisational requirements

2.1 General ledger is maintained in accordance with organisational requirements
2.2 Transactions are posted into the general ledger in accordance with organisational reporting requirements
2.3 Debtors’ and creditors’ systems are reconciled with general ledger
2.4 Trial balance is accurately prepared from general ledger in accordance with organisational requirements


3.1 Cash flow is accurately accounted for in accordance with organisational requirements
3.2 Payments are made and received in accordance with organisational requirements
3.3 Outstanding accounts are collected or followed up within designated timelines
3.4 Payment documentation is checked for accuracy of information and despatched to creditors within designated timeline


Details of Learning Activities

Students attend a tutorial at RMIT, access the RMIT Learning Hub and complete the online learning resource book.


Teaching Schedule

This course is conducted in Semester 2


Learning Resources

Prescribed Texts

There are no prescribed textbooks


References

• Australian Dental Association Vic Branch (2005) Human Resources Manual ADA Vic Branch Melbourne
• Australian Dental Association Vic Branch (2002) Privacy Manual for Dental Practices Resources ADA Vic Branch Melbourne
• Bird, D. & Robinson, D. (2009) Torres & Ehrlich Modern Dental Assisting, 9th Ed. W.B. Saunders Sydney
• Bridges, G. (2007) Dental reception and practice management , Blackwell Munksgaard Oxford
• Dunning, D. (2008) Dental practice transition a practical guide to management, Wiley-Blackwell, Iowa
• Ellen, D. (2000) Dental Office Management, Delmar Thomson learning Canada
• Finkbeiner, B.L. & Finkbeiner, C.A. (1996) Practice Management for the Dental Team, 4th Ed. Mosby USA.
• Gaynor, L.J. (2008) The Administration Dental Assistant , 3rd Ed W.B. Saunders Sydney
• Mroczkowski, N. [etal.] (2006) TAFE accounting to trial balance Thomson, South Melbourne
• Sutherland, E. (2009) Bookkeeping:an integrated approach Pearson Education Sydney
• Australian Taxation Office: www.ato.gov.au
• Business Victoria: www.business.vic.gov.au


Other Resources

RMIT Online Learning Hub http://www.rmit.edu.au/learninghub

RMIT Library http://www.rmit.edu.au/library

ADA Journal

Australian Dental Practice

ADA Privacy Manual for Dental Practices

ADA Standard Operating Practices

ADA The Practical Guides 7th Edtion

ADA Policies http://www.ada.org.au/About/policies.aspx

Dental Practice Board (Vic Branch) http://www.dentprac.vic.gov.au


Overview of Assessment

This assessment comprises of a written assessment, written examination and third party evidence (Workplace Training Record Book).


Assessment Tasks

Learning Guide

Written Text (Multiple Choice) of one hour’s duration.  The student has to competently answer at least 70% of the total number of questions.

Third Party Evidence to by signed off by the Workplace Supvervisor to indicate authenticty

Workplace Training Record Book to be signed off by Workplace Supervisor/Employer and student


Assessment Matrix

Course Overview: Access Course Overview