Course Title: Prepare financial reports
Part A: Course Overview
Program: C4324
Course Title: Prepare financial reports
Portfolio: BUS
Nominal Hours: 50.0
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) |
ACCT5287C |
City Campus |
TAFE |
650T Vocational Business Education |
Distance / Correspondence or Face-to-Face or Internet or Workplace |
Term1 2013,
Term2 2013, Term1 2014, Term2 2014, Term1 2015, Term2 2015 |
Course Contact: Jenny Wotzko
Course Contact Phone: +61 3 99255701
Course Contact Email: jennifer.wotzko@rmit.edu.au
Course Description
This unit describes the performance outcomes, skills and knowledge required to record general journal adjustment entries and to prepare end of period financial reports.
No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.
This course is clustered with:
- ACCT5303C (FNSACC301A) Process financial transactions & extract interim reports
- ACCT5304C (FNSACC404A) Prepare financial statements for non reporting entities
- ACCT5306C (FNSACC302A) Administer subsidiary accounts & ledgers
- COSC6059C (FNSACC406A) Set up & operate a computerised accounting system
Pre-requisite Courses and Assumed Knowledge and Capabilities
None
National Competency Codes and Titles
National Element Code & Title: |
BSBFIA401A Prepare financial reports |
Elements: |
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
Assessment may incorporate a variety of methods including technical requirements documentation, homework, assignments, group and/or individual projects, in class exercises, written and practical tests, problem solving exercises, presentations, direct observation of actual and simulated work practice, presentation of a portfolio of evidence which may comprise documents, and/or photographs and/or video and audio files, review of products produced through work-based or course activities.
You are advised that you will be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met. You will be provided with feedback throughout the course to check your progress.