Course Title: Maintain trust accounts

Part A: Course Overview

Program: C6070

Course Title: Maintain 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	Campus	Career	School	Learning Mode	Teaching Period(s)
BAFI5119C	City Campus	TAFE	650T TAFE Business	Face-to-Face	Term1 2008, Term1 2009, Term1 2010, Term1 2011

Course Contact: Jenny Wotzko

Course Contact Phone: +61 3 9925 5701

Course Contact Email: jennifer.wotzko@rmit.edu.au

Course Description

This unit covers the maintenance of trust monies related to specific files, under the instruction of a legal practitioner.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None

National Competency Codes and Titles

National Element Code & Title:	BSALF401A Maintain trust accounts
Elements:	Check that trust funds are adequate
	Draw cheque/s against the trust account
	Prepare documentation upon completion of legal matter

Learning Outcomes

On completion of this course, a student should be able to demonstrate an understanding of the general operation of trust accounts, be able to control and account in both a legal and ethical manner for all trust moneys received and paid, and be able to clearly report to stakeholders how trust monies have been dealt with.

Overview of Assessment

A student must demonstrate a clear understanding of all elements of the required competencies to be deemed competent. Assessment may include a variety of methods including tests, workbooks, presentations, class exercises, assignments etc. Formative feedback is provided throughout the course. This occurs by the teacher providing information to the student to inform them how they are succeeding in the course and areas that require more work to succeed. Formative feedback is not a piece of assessment that contributes to the student’s final result.