Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSACC303 Mapping and Delivery Guide
Perform financial calculations
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSACC303 - Perform financial calculations |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to use a range of common calculation methods and techniques for conducting routine financial calculations and transactions.It applies to individuals who use literacy and numeracy skills to perform common computational tasks as part of an operational job role.No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the accounting field of work and include access to: common office equipment, technology, software and consumables hand held calculators financial services industry documentation and specialist software information technology systems and databases. Assessors must satisfy NVR/AQTF assessor requirements. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Obtain data and resources for financial calculations |
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Element: Select appropriate methods and carry out financial calculations |
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Element: Check calculations and record outcomes |
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