Course Title: Establish, manage and administer trust accounts

Part A: Course Overview

Program: C5180

Course Title: Establish, manage and administer trust accounts

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




Learning Mode

Teaching Period(s)


City Campus


650T TAFE Business


Term1 2011,
Term1 2012

Course Contact: Jenny Wotzko

Course Contact Phone: +61 3 99255701

Course Contact Email:

Course Description

This course provides the knowledge and skills required to establish, manage and administer trust and/or controlled money accounts.

If you are undertaking this course in Melbourne from semester 2, 2012 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.


Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

FNSCONV503B Establish, manage and administer trust accounts


1.  Review for compliance with trust account requirements

2.  Establish and manage trust accounts

3.  Maintain records of trust transactions

4.  Monitor and review trust accounts

Learning Outcomes

Overview of Assessment

Assessment may incorporate a variety of methods including in-class exercises, problem-solving exercises, assignments, group or individual projects, presentations and written or practical tests, as well as homework activities.

Other activities may be workplace-based or simulate work practices. These may include direct observation of workplace practices, verbal questioning and the presentation of a portfolio of evidence.

You are advised that you may 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.