Required skills

literacy skills to read and interpret detailed information about service charges

numeracy skills to

work with large amounts of numerical data

identify discrepancies and inconsistencies in numerical data

reconcile individual and whole operating period transactions

problemsolving skills to work through potentially complex financial transaction to identify and rectify variances and discrepancies

technology skills to work with accounting or front office software

Required knowledge

role of night audit in overall financial management systems

financial control processes and procedures that apply to front office operations including reporting cycles

The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge range statement and the Assessment Guidelines for the Training Package

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the ability to

conduct multiple audits covering transactions from several different operating periods

check and balance a range of transactions including identifying and rectifying discrepancies

integrate knowledge of standard accounting procedures

Context of and specific resources for assessment

Assessment must ensure use of

an industrycurrent computerised front office or accounting system

transaction data from different operating periods

Method of assessment

A range of assessment methods should be used to assess the practical skills and knowledge required to conduct a night audit The following examples are appropriate for this unit

review of accounting reconciliations reports and documentation produced by the individual

use of case studies or problemsolving exercises to assess ability to resolve different accounting discrepancies

use of case studies or problemsolving exercises to assess ability to resolve different accounting discrepancies

oral or written questioning to assess knowledge of night audit processes and procedures and how the night audit process impacts on

overall financial management of the accommodation establishment

review of portfolios of evidence and thirdparty workplace reports of onthejob performance by the individual

review of portfolios of evidence and thirdparty workplace reports of onthejob performance by the individual.

Guidance information for assessment

The assessor should design integrated assessment activities to holistically assess this unit with other units relevant to the industry sector workplace and job role for example

SITXFIN Interpret financial information

Transactions may relate to:

Discrepancies may relate to:

Financial systems may include systems for:

Reports may include: