Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSBKG402 Mapping and Delivery Guide
Establish and maintain a cash accounting system
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSBKG402 - Establish and maintain a cash accounting system |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to establish and administer a cash receipts and payments system, and manage bank reconciliations and reporting responsibilities for manual and computerised systems.It applies to individuals in positions with some responsibility who may use a range of organisational and analytical techniques to provide bookkeeping services for organisations and small business owners or managers.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. | ||
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 bookkeeping field of work and include access to and use of: common office equipment, technology, software and consumables an integrated financial software system and real or simulated banking information. 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: Identify relevant information and establish chart of accounts |
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Element: Analyse and verify source documents |
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Element: Process receipts and payments |
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Element: Set up and maintain petty cash system |
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Element: Process and reconcile credit cards |
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Element: Manage bank reconciliations and prepare and produce reports |
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