Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSACC405 Mapping and Delivery Guide
Maintain inventory records
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSACC405 - Maintain inventory records |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to comply with organisational inventory procedures, reconcile inventory records to general ledgers, record inventory flows, prepare schedules and produce ad hoc reports.It applies to individuals who use specialised financial knowledge and follow procedures to ensure compliance with required standards.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: a range of common office equipment, technology, software and consumables. 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: Process inventory purchase |
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Element: Record inventory flows |
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Element: Reconcile inventory records to general ledgers |
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Element: Prepare inventory schedules and ad hoc reports |
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