Maintain financial records

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver BSBFIA301, 'Maintain financial records'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Maintain financial records' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Maintain daily financial records

1.1 Correctly maintain daily financial records in accordance with organisational and legislative requirements for accounting purposes

1.2 Identify and rectify or refer discrepancies or errors in documentation or transactions to designated persons in accordance with organisational and legislative requirements

1.3 Accurately credit and debit transactions and promptly enter into journals in accordance with organisational and legislative requirements

2 Maintain general ledger

2.1 Maintain general ledger in accordance with organisational and legislative requirements

2.2 Post transactions into general ledger in accordance with organisational and legislative reporting requirements

2.3 Reconcile systems for accounts payable and receivable with general ledger

2.4 Accurately prepare trial balance from general ledger in accordance with organisational and legislative requirements

3 Monitor cash control

3.1 Ensure cash flow is accurately accounted for in accordance with organisational and legislative requirements

3.2 Make and receive payments in accordance with organisational and legislative requirements

3.3 Collect or follow up outstanding accounts within designated timelines

3.4 Check payment documentation for accuracy of information and despatch to creditors within designated timeline


Qualifications and Skillsets

BSBFIA301 appears in the following qualifications:

  • PRM30509 - Certificate III in Asset Maintenance (Waste Management)
  • LMF32009 - Certificate III in Kitchens and Bathrooms (Client Services)
  • FNS41110 - Certificate IV in Financial Markets Operations
  • FNS30410 - Certificate III in Mercantile Agents
  • SIT30712 - Certificate III in Hospitality
  • SIT31212 - Certificate III in Holiday Parks and Resorts
  • SFL30110 - Certificate III in Floristry
  • SFL40110 - Certificate IV in Floristry
  • SIS30510 - Certificate III in Sport and Recreation
  • CPP30311 - Certificate III in Property Services (Operations)
  • AUR20105 - Certificate II in Automotive Administration
  • AUR21105 - Certificate II in Automotive Sales
  • AUR30105 - Certificate III in Automotive Administration
  • AUR31005 - Certificate III in Automotive Sales
  • BSB30307 - Certificate III in Micro Business Operations
  • BSB30807 - Certificate III in Recordkeeping
  • BSB30110 - Certificate III in Business
  • BSB30707 - Certificate III in Occupational Health and Safety
  • BSB30407 - Certificate III in Business Administration
  • BSB30607 - Certificate III in International Trade
  • BSB30507 - Certificate III in Business Administration(International Education)
  • BSB31012 - Certificate III in Business Administration (Legal)
  • BSB31107 - Certificate III in Business Administration (Medical)
  • BSB30907 - Certificate III in Business Administration (Education)
  • BSB31007 - Certificate III in Business Administration (Legal)
  • SIF30108 - Certificate III in Cemetery and Crematorium Operations
  • SIT31312 - Certificate III in Travel
  • SIT31012 - Certificate III in Catering Operations
  • SIT40812 - Certificate IV in Holiday Parks and Resorts
  • SIT30612 - Certificate III in Events
  • PSP30604 - Certificate III in Government (School Support Services)
  • PSP30704 - Certificate III in School Support Services
  • FPI30605 - Certificate III in Timber Merchandising
  • CUS30309 - Certificate III in Music Business
  • AHC30110 - Certificate III in Agriculture
  • SIT30607 - Certificate III in Events
  • SIT60312 - Advanced Diploma of Hospitality
  • SFI30211 - Certificate III in Fishing Operations
  • SFI30611 - Certificate III in Seafood Industry (Sales and Distribution)
  • SFI30111 - Certificate III in Aquaculture
  • SFI30511 - Certificate III in Seafood Processing
  • SFI30311 - Certificate III in Seafood Industry (Environmental Management Support)
  • BSB30912 - Certificate III in Business Administration (Education)
  • BSB30112 - Certificate III in Business
  • BSB30612 - Certificate III in International Trade
  • HLT50507 - Diploma of Dental Technology
  • HLT32907 - Certificate III in Health Administration
  • HLT60407 - Advanced Diploma of Dental Prosthetics
  • HLT43007 - Certificate IV in Dental Assisting
  • RGR30308 - Certificate III in Racing Services (Racing Administration)
  • CUF20107 - Certificate II in Creative Industries (Media)
  • BSB31112 - Certificate III in Business Administration (Medical)
  • CUF40107 - Certificate IV in Screen and Media
  • CUF30107 - Certificate III in Media
  • CUV30411 - Certificate III in Arts Administration
  • CUV30111 - Certificate III in Visual Arts
  • CUV30211 - Certificate III in Aboriginal or Torres Strait Islander Cultural Arts
  • CUV20311 - Certificate II in Opal Cutting and Polishing
  • FPI30611 - Certificate III in Timber Merchandising
  • CPP30711 - Certificate III in Waste Management
  • CPP30911 - Certificate III in Pest Management
  • HLT43012 - Certificate IV in Dental Assisting
  • HLT50512 - Diploma of Dental Technology
  • HLT32912 - Certificate III in Health Administration
  • BSB30412 - Certificate III in Business Administration
  • HLT60412 - Advanced Diploma of Dental Prosthetics
  • AUR31012 - Certificate III in Automotive Sales
  • PSP30712 - Certificate III in School Support Services
  • PSP30612 - Certificate III in Government (School Support Services)
  • SIT20212 - Certificate II in Hospitality
  • SIT30112 - Certificate III in Tourism
  • SIT40312 - Certificate IV in Hospitality
  • SIT50312 - Diploma of Hospitality
  • SIT40412 - Certificate IV in Commercial Cookery
  • SIT40512 - Certificate IV in Asian Cookery
  • SIT40612 - Certificate IV in Catering Operations
  • SIT40712 - Certificate IV in Patisserie
  • SIF30113 - Certificate III in Cemetery and Crematorium Operations
  • SIF30313 - Certificate III in Funeral Operations
  • SIS30512 - Certificate III in Sport and Recreation
  • SIT40613 - Certificate IV in Catering Operations
  • SIT60313 - Advanced Diploma of Hospitality
  • CUA40213 - Certificate IV in Community Culture
  • SIT40713 - Certificate IV in Patisserie
  • SIT20213 - Certificate II in Hospitality
  • SIT40413 - Certificate IV in Commercial Cookery
  • SIT30713 - Certificate III in Hospitality
  • SIT40313 - Certificate IV in Hospitality
  • SIT40513 - Certificate IV in Asian Cookery
  • SIS30513 - Certificate III in Sport and Recreation
  • MSF31313 - Certificate III in Kitchens and Bathrooms - Retail Services
  • SIT50313 - Diploma of Hospitality
  • SIT31013 - Certificate III in Catering Operations
  • MSF31013 - Certificate III in Interior Decoration Retail Services
  • BSB31115 - Certificate III in Business Administration (Medical)
  • BSB30115 - Certificate III in Business
  • BSB30415 - Certificate III in Business Administration
  • BSB30515 - Certificate III in Business Administration (International Education)
  • BSB30915 - Certificate III in Business Administration (Education)
  • BSB30315 - Certificate III in Micro Business Operations
  • BSB31015 - Certificate III in Business Administration (Legal)
  • BSB30615 - Certificate III in International Trade
  • BSB30815 - Certificate III in Recordkeeping
  • FNS30415 - Certificate III in Mercantile Agents
  • FNS41115 - Certificate IV in Financial Markets Operations
  • SFL40115 - Certificate IV in Floristry
  • SFL30115 - Certificate III in Floristry
  • SFL50115 - Diploma of Floristry Design
  • HLT37315 - Certificate III in Health Administration
  • HLT47715 - Certificate IV in Medical Practice Assisting
  • CHC41015 - Certificate IV in Celebrancy
  • SIS40115 - Certificate IV in Sport and Recreation
  • CUA30515 - Certificate III in Aboriginal and Torres Strait Islander Cultural Arts
  • CUA31015 - Certificate III in Screen and Media
  • CUA41215 - Certificate IV in Screen and Media
  • CUA20215 - Certificate II in Creative Industries
  • CUA30915 - Certificate III in Music Industry
  • CUA31115 - Certificate III in Visual Arts
  • CUA30615 - Certificate III in Arts Administration
  • SIT30116 - Certificate III in Tourism
  • SIT30416 - Certificate III in Holiday Parks and Resorts
  • SIT40416 - Certificate IV in Hospitality
  • SIT30216 - Certificate III in Travel
  • SIT30516 - Certificate III in Events
  • SIT20316 - Certificate II in Hospitality
  • SIT30616 - Certificate III in Hospitality
  • AUR31016 - Certificate III in Automotive Sales
  • CPP30616 - Certificate III in Waste Management
  • CPP30416 - Certificate III in Strata Community Management
  • FWP30616 - Certificate III in Timber Merchandising
  • AHC30116 - Certificate III in Agriculture