Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSACCT602B Mapping and Delivery Guide
Audit and report on financial systems and records
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSACCT602B - Audit and report on financial systems and records |
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Description | This unit covers the competency to supervise an audit of financial systems and prepare the appropriate reports.This unit covers the competency to supervise an audit of financial systems and prepare the appropriate reports. | ||
Employability Skills | The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary for the qualification in which this unit of competency is packaged, will assist in identifying employability skills requirements.The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary for the qualification in which this unit of competency is packaged, will assist in identifying employability skills requirements. | ||
Learning Outcomes and Application | This unit requires the application of skills and knowledge requires to audit and report of financial systems and records. The unit encompasses assessing options, identifying information sources, determining audit strategies, scheduling resources and timelines and monitoring progress, reviewing data, verifying statements and determining reporting formats. The auditing and reporting of financial systems and records can be applied to all sections of the financial services industry.This unit requires the application of skills and knowledge requires to audit and report of financial systems and records. The unit encompasses assessing options, identifying information sources, determining audit strategies, scheduling resources and timelines and monitoring progress, reviewing data, verifying statements and determining reporting formats. The auditing and reporting of financial systems and records can be applied to all sections of the financial services industry. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | Not applicable. | ||
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: Assess options |
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Element: Identify information sources |
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Element: Determine audit strategies |
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Element: Schedule resources and timelines and monitor progress |
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Element: Review data |
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Element: Verify statements |
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Element: Determine reporting formats |
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