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 |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
ACCT5112C |
City Campus |
TAFE |
650T TAFE Business |
Face-to-Face or Workplace |
Term1 2009 |
Course Contact: Jenny Wotzko
Course Contact Phone: +61 3 9925 5701
Course Contact Email: jennifer.wotzko@rmit.edu.au
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
None
National Competency Codes and Titles
National Element Code & Title: |
BSBADM408A 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
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.