Course Title: Manage the finances, accounts and resources of an organisation

Part B: Course Detail

Teaching Period: Term1 2015

Course Code: ACCT5335C

Course Title: Manage the finances, accounts and resources of an organisation

School: 365T Global, Urban & Social Studies

Campus: City Campus

Program: C6126 - Advanced Diploma of Disability

Course Contact : Renee Costa

Course Contact Phone: +61 3 9925 0886

Course Contact Email:renee.costa@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Nominal Hours: 90

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

Not applicable.

Course Description

This course describes the knowledge and skills required by workers to manage the financial, accounting and resourcing systems of the workplace to uphold accountability and efficiency requirements. This course may apply to administrative work undertaken across a range of sectors involved in delivery of community services.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

CHCADMIN604B Manage the finances, accounts and resources of an organisation

Element:

1.Monitor budget processes

Performance Criteria:

1.1 Oversee the preparation of budgets in light of desired program performance outcomes and forward planning priorities
1.2 Ensure budget planning process is participatory and formats are clear and standardised
1.3 Ensure budgets are submitted for approval on time and in an appropriate format
1.4 Develop and prepare requirements and contracts with funding bodies in accordance with organisation procedures
1.5 Interpret and communicate the approved budget to other staff
 

Element:

2.Oversee implementation of systems for financial management and reporting

Performance Criteria:

2.1 Adhere to legal and organisation requirements in relation to financial management and reporting
2.2 Ensure that appropriate financial reports are prepared as required by the organisation and/or funding body
2.3 Oversee the development and implementation of book keeping, accounting systems and asset management to ensure that accurate and comprehensive records of income and expenditure are appropriately maintained
2.4 Undertake regular reconciliation against operational budgets and act upon any deviations as appropriate
 

Element:

3.Manage the use of funds

Performance Criteria:

3.1 Check actual income and expenditure against budgets at regular, identified intervals
3.2 Ensure expenditure is within agreed limits, does not compromise future spending requirements and conforms to organisation policy and procedures
3.3 Where there are actual or potential deviations from budget, notify the appropriate people and develop and implement proposals for corrective action
3.4 Where appropriate, ensure funds are invested in accordance with organisation procedures
3.5 Follow guidelines for the management of unspent funds
 

Element:

4.Develop and recommend funding options

Performance Criteria:

4.1 Undertake research to acquire funding and resources and report the results appropriately
4.2 Where appropriate, prepare funding submissions in accordance with relevant guidelines, maintain liaison with funding body to monitor progress of the submission, undertake negotiations and make revisions as necessary
4.3 Develop contingency plans to accommodate possible shortfalls in funding and resourcing
 

Element:

5.Develop and implement resourcing proposals to meet operational needs

Performance Criteria:

5.1 Develop resource proposals, taking account of client and stakeholder needs, organisation objectives and operational plans
5.2 Negotiate recommendations to vary operational plans to fit resource availability, with relevant personnel
5.3 Develop plans to maximise value gained from the organisation's resources
5.4 Develop and implement strategies to ensure the organisation's resource needs are met within the constraints of budget allocations, existing resources, contingencies and available resource providers
 

Element:

6.Monitor resource usage and performance

Performance Criteria:

6.1 Monitor resource usage against organisation targets, and investigate and rectify any deviations in accordance with organisation procedures
6.2 Ensure appropriate support and training is provided to individuals and teams who have difficulties in using resources to the required standard
6.3 Oversee systems, procedures and records associated with documenting resource acquisition and usage in accordance with organisation requirements
6.4 Analyse and interpret budget and financial information to monitor productivity and performance
 

Element:

7.Manage property and equipment

Performance Criteria:

7.1 Follow organisation procedures when assessing suitability and safety of buildings and equipment
7.2 Ensure the organisation's asset register is maintained as required
7.3 Ensure upgrade plans for building and equipment maintenance are established and implemented as required
7.4 Adhere to all relevant occupational health and safety and other legislation
7.5 Ensure procedures are in place to achieve the most competitive pricing for goods and services
 


Learning Outcomes


On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.
 


Details of Learning Activities

As the NDIS is rolled out around Australia client support requirements and staff practices and methods will change and adapt to match the preferences and needs of people with disabilities. Staff will need to be capable of working across agencies and sectors. You will participate in workshop discussions, presentations and group activities which focuses on the knowledge and skills required by workers to manage the financial, accounting and resourcing systems of the workplace to uphold accountability and efficiency requirements. There will be planned professional discussions with the teaching team undertaken in your workplace so that you can provide direct workplace evidence of your roles, responsibilities and work practices as they align with the requirements of the courses and the program as a whole.


Teaching Schedule

This course in taught and assessed as a cluster with the following courses;


CHCORG608E: Establish and Manage new programs and services
CHCADMIN604B: Manage the finances, accounts and resources of an organisation.
 

WorkshopDate: Course Linkage:
120th August, 2015CHCADMIN604B: Manage the finances, accounts and resources of an organisation.CHCORG608E: Establish and Manage new programs and services
CHCADMIN604B: Manage the finances, accounts and resources of an organisation.CHCORG608E: Establish and Manage new programs and services
 
217th SeptemberCHCADMIN604B: Manage the finances, accounts and resources of an organisation.CHCORG608E: Establish and Manage new programs and services
CHCADMIN604B: Manage the finances, accounts and resources of an organisation.CHCORG608E: Establish and Manage new programs and services
 

 



 


Learning Resources

Prescribed Texts


References


Other Resources

During sessions you will be directed to relevant sources of current information. These will include your own workplace policy and practice documentation, federal, state and local government legislation and regulatory frameworks and websites, and websites for local, national and international organisations and universities.


Overview of Assessment

Assessment may include observations, questioning and evidence gathered from the workplace. In cases where the learner does not have the opportunity to cover all relevant aspects in the work environment, the remainder should be assessed through realistic simulations, projects, previous relevant experience or oral questioning on ’What if?’ scenarios.


Assessment Tasks

There will be two assessment tasks for this cluster of courses

1. The first assessment task relates to your project that you started in 2014 and you are required to complete a community grant application with your work group from your project. Time in class will be allocated to this task
2. Questions and Answers that you need to complete in relation to the finances, accounts and resources of an organisation.

 


Assessment Matrix

This course is delivered in accordance with competency-based assessment:

CA: Competency Achieved
NYC: Not Yet Competent
DNS: Did Not Submit for assessment

Other Information

Assessment Tasks Submission Cover Sheet
You must complete a submission cover sheet for every piece of submitted work, including online submissions. This signed sheet acknowledges that you are aware of the plagiarism implications.

Attendance
It is strongly advised that you attend all workshops in order to engage in the required learning activities, ensuring the maximum opportunity to gain the competency.

Feedback
You will receive verbal and written feedback by teacher on your work. This feedback also includes suggestions on how you can proceed to the next stage of developing your competency. Information regarding student feedback can be found at: http://www.rmit.edu.au/browse;ID=9pp3ic9obks7  

Student Progress
Monitoring academic progress is an important enabling and proactive strategy to assist you to achieve your learning potential. The Student progress policy can be found at:
http://www.rmit.edu.au/browse;ID=vj2g89cve4uj1

Special consideration Policy (Late Submission)
All assessment tasks are required to be completed to a satisfactory level. If you are unable to complete any piece of assessment by the due date, you will need to apply for an extension. Information regarding application for special consideration can be found at: http://www.rmit.edu.au/browse;ID=g43abm17hc9w

Academic Integrity and Plagiarism
RMIT University has a strict policy on plagiarism and academic integrity. For more information on this policy go to Academic Integrity Web site: http://www.rmit.edu.au/browse;ID=kw02ylsd8z3n


 

Course Overview: Access Course Overview