Course Title: Administer subsidiary accounts and ledgers

Part A: Course Overview

Program: C4324

Course Title: Administer subsidiary accounts and ledgers

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

Campus

Career

School

Learning Mode

Teaching Period(s)

ACCT5306C

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 reconcile and monitor financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action and remit payments to sundry creditors.

This unit may apply to job roles subject to licensing, legislative, regulatory or certification requirements so Commonwealth, State or Territory requirements should be confirmed with the relevant body.
 


Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

FNSACC302A Administer subsidiary accounts and ledgers

Elements:

1. Review accounts receivable process

2. Identify bad and doubtful debts

3. Review compliance with terms and conditions and plan recovery action

4. Prepare reports and file documentation

5. Distribute creditors invoices for authorisation

6. Remit payments to creditors

7. Prepare accounts paid report and reconcile balances outstanding


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.

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. Students will be provided with feedback throughout the course to check their progress.