Course Title: Prepare Financial Reports

Part A: Course Overview

Program: C5178

Course Title: Prepare Financial Reports

Portfolio: BUS

Nominal Hours: 40.0

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




Learning Mode

Teaching Period(s)


City Campus


650T TAFE Business

Face-to-Face or Workplace

Term1 2009

Course Contact: Jenny Wotzko

Course Contact Phone: +61 3 9925 5701

Course Contact Email:

Course Description

This course will equip students to perform the critical end-of-period accounting tasks of recording adjusting and closing entries; reconciling the general & subsidiary ledgers, including asset & inventory ledgers; correction of errors; and preparation of end-of-period income statements & balance sheets for a non-reporting entity.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

BSBADM408A Prepare financial reports


1.  Maintain asset register

2.  Record general journal entries for balance day adjustments

3.  Prepare final general ledger accounts

4.  Prepare end-of-period financial reports

Learning Outcomes

Overview of Assessment

Throughout this course interactive class exercises performed as a group, followed by discussion of the solutions and question & answer sessions will provide formative feedback to the students regarding their progress in achieving competency.

Assessment tasks will include 

  • a short quiz in week 3;
  • two closed book class tests; and
  • a comprehensive case study in which students will apply all elements of the competency.