Course Title: Maintain financial records
Part B: Course Detail
Teaching Period: Term2 2011
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
Suzanne Dellas Fatone
Telephone: 9341 1406
email: sue.fatone@fatone.rmit.edu.au
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 |
Performance Criteria: |
1.1 Daily financial records are maintained correctly and in accordance with organisational requirements for accounting purposes |
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 tutorials at RMIT, access myRMIT Studies and complete the BSBCMN308A Learner Guide and preapare for multiple choice/short answer written test.
Thursday 18 August 2011
Topic 1: Maintain daily financial records
Correctly maintained
Identify discrepancies
Accurate journals
Topic 2: Maintain General Ledger
Maintain
Post transactions
Reconcile Drs & Crs
Trial Balance
Topic 3: Monitor Cash Control
Cash flow
Payments
Outstanding accounts
Documentation
Thursday 22 September 2011
Topic 1: Maintain daily financial records
Correctly maintained
Identify discrepancies
Accurate journals
Topic 2: Maintain General Ledger
Maintain
Post transactions
Reconcile Drs & Crs
Trial Balance
Topic 3: Monitor Cash Control
Cash flow
Payments
Outstanding accounts
Documentation
Thursday 20 October 2011 Multiple choice/short answer written test
Teaching Schedule
Thursday 18 August 2011
Topic 1: Maintain daily financial records
Correctly maintained
Identify discrepancies
Accurate journals
Topic 2: Maintain General Ledger
Maintain
Post transactions
Reconcile Drs & Crs
Trial Balance
Topic 3: Monitor Cash Control
Cash flow
Payments
Outstanding accounts
Documentation
Thursday 22 September 2011
Topic 1: Maintain daily financial records
Correctly maintained
Identify discrepancies
Accurate journals
Topic 2: Maintain General Ledger
Maintain
Post transactions
Reconcile Drs & Crs
Trial Balance
Topic 3: Monitor Cash Control
Cash flow
Payments
Outstanding accounts
Documentation
Thursday 20 October 2011 Multiple choice/short answer written test
Learning Resources
Prescribed Texts
Australian Dental Association Vic Branch (2005) Human Resources Manual ADA Vic Branch Melbourne |
References
Other Resources
myRMIT Studies (BlackBoard)
RMIT Library http://www.rmit.edu.au/library
ADA Journal
ADA Policies http://www.ada.org.au/About/policies.aspx
Australian Dental Board http://www.dentalboard.gov.au/
Overview of Assessment
This assessment comprises of a written assessment, written examination and third party evidence (Workplace Training Record Book).
Assessment Tasks
The assessment comprises of a written assessment, written test and third party evidence (Workplace Training Record Book).
Assessment Tasks
A variety of assessments are incorporated in this unit of competency including:
• Observation in the work place and third party evidence
• Multiple choice/short answers written test Evidence of essential knowledge and understanding by submission of the Learner Guide and Supporting statement from supervisor
• Authenticated evidence of relevant work experience and/or formal/informal learning by the completion of BSBCMN308A Maintain Financial Records part of Workplace Training Record Book.
Please Note:
Students may apply for, Special Consideration (as per information provided in the Student Handbook) via the RMIT Hub http://www.rmit.edu.au/students/specialconsideration where they
believe factors beyond their control have affected their academic performance. Special consideration must be lodged prior to or within 48 hours of the scheduled assessment time or
assessment submission date. Special consideration is not granted automatically on application.
Application for extension of time for submission of work (where the assessment tasks will be submitted within seven days)
A student may be required to seek further experience in financial records outside their place of employment in order to achieve the required Learning Outcomes/Performance Criteria for
BSBCMN308A Maintain Financial Records.
1. Complete and submit BSBCMN308A Maintain Financial Records Learner Guide
2. Complete and pass the multiple choice/short answers written test.
3. Authenticated evidence of relevant work experience and/or formal/informal learning by the completion of BSBCMN308A Maintain Financial Records part of Workplace Training Record Book. Refer to the Student Handbook for RMIT policies and protocol for submission of task.
Third party evidence completed by the student and workplace supervisor indicating the administration experience that has occurred and workplace supervisor to record relevant comments
about their observation of the student is included in the written assessment
A NYC (Not Yet Competent) result for the written assessment is managed as follows-
The marked coversheet will provide the student on what questions to resubmit. The student will have two weeks to submit the resubmission from the date of receiving the resubmission.
The student will submit the original marked assessment (including original marked coversheet) and the resubmission answers that have been researched. The student with a resubmission
is strongly advised to contact the principal teacher to clarify any aspects of the resubmission or arrange for a private tutorial.
A NYC (Not Yet Competent) result for the multiple choice/short answers written test is managed as follows-
The feedback sheet will be provided to the student (70% is the pass mark). If the pass mark is between 60% - 70% the student will have the opportunity to meet with the teacher and an oral supplementary assessment will be conducted. If the mark is less than 60% the student will meet with the Program Coordinator to discuss the result Not Yet Competent.
Please note: Failure to undertake the above mentioned to achieve a PX result for both assessments will result in a student being deemed NYC and requiring result in re-enrolment incurring fees.
Assessment Matrix
Please Note:
Students may apply for, Special Consideration (as per information provided in the Student Handbook) via the RMIT Hub http://www.rmit.edu.au/students/specialconsideration where
they believe factors beyond their control have affected their academic performance. Special consideration must been lodged prior to or within 48 hours of the scheduled assessment time
or assessment submission date. Special consideration is not granted automatically on application.
Application for extension of time for submission of work (where the assessment tasks will be submitted within seven days).
A student may be required to seek further experience in financial records outside their place of employment in order to achieve the required Learning Outcomes/Performance Criteria for Unit BSBCMN308A
Maintain Financial Records.
Other Information
To complete Unit BSBCMN308A Maintain Financial Records a student MUST undertake routine and consistent experience in the area of financial records in a dental practice.Students are strongly encouraged to use a variety of texts and websites to support their underpinning skills and knowledge for a successful outcome in this unit of competency, including myRMIT Studies (BlackBoard)
Please note: the Principle Teacher and or the Program Coordinator (see contact details listed above) are available via appointment to support and assist students in achieving the learning outcomes for Unit BSBCMN308A Maintain Financial Records.
Attendance and participation to all classes as scheduled in the student’s RMIT Timetable or attendance to class work as rescheduled by the Program Coordinator
Course Overview: Access Course Overview