Course Title: Establish and maintain a cash accounting system

Part A: Course Overview

Program: C4325

Course Title: Establish and maintain a cash accounting system

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




Learning Mode

Teaching Period(s)


City Campus


650T TAFE Business

Distance / Correspondence or Face-to-Face or Internet or Workplace

Course Contact: Jenny Wotzko

Course Contact Phone: +61 3 99255701

Course Contact Email:

Course Description

This course describes the performance outcomes, skills and knowledge required to establish and manage organisational procedures, in arranging for and administering receipts and payments to establish and maintain a manual and computerised bookkeeping system on a cash basis.

This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including various aspects of the Tax Act, Goods and Services Tax (GST) rulings.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

FNSBKG402A Establish and maintain a cash accounting system


1.  Identify relevant information and establish a chart of accounts

2. Analyse and verify source documents

3.  Process receipts and payments

4. Set up and maintain a petty cash system

5. Process and reconcile credit cards

6. Manage bank reconciliations and prepare and produce reports

Learning Outcomes

Overview of Assessment

Assessment in this totally on-line course takes the form of two on-line tests.

  1. Test 1 consists of 20 multiple choice questions, which are randomly selected from a bank of 30 questions covering all elements of the competency.
  2. Test 2 consists of 10 short answer questions which require you to demonstrate an understanding of both the theory and practical elements of Cash Accounting.