Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSBKG402A Mapping and Delivery Guide
Establish and maintain a cash accounting system
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSBKG402A - Establish and maintain a cash accounting system |
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Description | This unit describes the performance outcomes, skills and knowledge required to establish and manage organisational procedures in arranging for and administering receipts and payments to establish and maintain a manual and computerised bookkeeping system on a cash basis.This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including various aspects of the Tax Act, Goods and Services Tax (GST) rulings. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit applies to individuals who provide contract bookkeeping services across all industries and bookkeepers working directly for organisations and small business owners or managers. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | FNSACC404A Prepare financial statements for non-reporting entities FNSBKG401A Develop and implement policies and practices relevant to bookkeeping activities | ||
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 a 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 a 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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