Course Title: Maintain financial records

Part A: Course Overview

Program: C3133

Course Title: Maintain financial records

Portfolio: BUS

Nominal Hours: 60.0

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.

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ACCT5180C

City Campus

TAFE

650T TAFE Business

Face-to-Face

Term1 2008,
Term2 2008

Course Contact: Lyn Montalti

Course Contact Phone: +61 3 99255988

Course Contact Email: lynette.montalti@rmit.edu.au


Course Description

This unit covers the maintenance of financial records for a business. It includes activities such as the maintenance of daily financial records, including reconciling debtors’ and creditors’ systems and preparing a maintaining a general ledger and preparing a trial balance. It also includes activities associated with the monitoring of cash control for accounting purposes.
The maintenance of financial records from provided data may be processed in manual or computerised accounting systems.


Pre-requisite Courses and Assumed Knowledge and Capabilities

NONE



National Competency Codes and Titles

National Element Code & Title:

BSBCMN308A Maintain financial records

Elements:

Maintain daily financial records

Maintain general ledger

Monitor cash control


Learning Outcomes

See elements above


Overview of Assessment

Students will be required to study and apply current government legislation, business policy, and procedures to prescribed exercises and assessment work. A range of assessment methods will be used including class exercises (which will include practical problem solving exercises), test, assignment/group project, and a Folio of Evidence. These assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.
Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met.