Assessor Resource
BSBFIA301
Maintain financial records
Assessment tool
Version 1.0
Issue Date: June 2024
This unit describes the skills and knowledge required to maintain daily financial records such as reconciling debtors’ and creditors’ systems, preparing and maintaining a general ledger and trial balance and includes activities associated with monitoring cash control for accounting purposes.
It applies to individuals who are skilled operators and apply a broad range of competencies in various work contexts and may exercise discretion and judgement using appropriate theoretical knowledge of financial records.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
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