Assessor Resource
FNSACCT406B
Maintain asset and inventory records
Assessment tool
Version 1.0
Issue Date: April 2024
This unit requires the application of skills and knowledge required to maintain asset and inventory records. The unit encompasses complying with organisational asset acquisition procedures, reconciling assets register and inventory records to general ledgers, recording inventory flows, recognising new assets and asset categories, preparing schedules and ad hoc reports and recording disposal of fixed assets. The unit can be applied across all sectors within the financial services sector.
This unit requires the application of skills and knowledge required to maintain asset and inventory records. The unit encompasses complying with organisational asset acquisition procedures, reconciling assets register and inventory records to general ledgers, recording inventory flows, recognising new assets and asset categories, preparing schedules and ad hoc reports and recording disposal of fixed assets. The unit can be applied across all sectors within the financial services sector.
This unit describes those functions associated with the maintenance of records for fixed assets and inventory.
This unit describes those functions associated with the maintenance of records for fixed assets and inventory.
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