Prepare and analyse management accounting information

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 FNSACCT613B, 'Prepare and analyse management accounting information'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Prepare and analyse management accounting information' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria

Elements and Performance Criteria


Performance Criteria


Gather and record operating and cost data


Systems to generate cost and operating data are established


Systems to determine cost and operating standards are established


Data is systematically coded, classified and checked for accuracy and reliability in accordance with organisational policies and procedures


Analyse data


Costs are assigned to specified products, services, projects, organisational units, customers, distribution channel, market segments and other cost objects


Data is reconciled to ensure calculations are accurate and comply with organisational procedures


Variance analysis is used to review the effectiveness of the cost assignment process


Interpretation of revenues and costs is supported by valid analysis and is consistent with the organisation's objectives


Prepare cost reports and budgets


Cost information and organisational activities advice is sought from all sections of the organization when formulating reports and budgets


Structure and format of reports and budgets are clear and conform to routine and ad hoc management information requirements


Comprehensive variances against budget and standards are identified, and prioritised for review and decision making


Reports are error free, comprehensive and comply with routine and ad hoc management requirements and organisational practices


Analyse cost reports and budgets


Variances against budget are interpreted and discussed in consultation with relevant sections of the organisation


Outcomes from variance reviews are assessed and recommendations made for further actions where required, including revisions to cost and activity standards


Cost and process information is reviewed for value adding and non-value adding activities, and recommendations made for further actions


Reports and budgets on specified products, services, projects, organisational units, customers, market segments and other cost objects are assessed against the organisation's objectives, and recommendations made for further actions

Qualifications and Skillsets

FNSACCT613B appears in the following qualifications:

  • PSP60304 - Advanced Diploma of Government (Financial Management)