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.