This unit describes the skills and knowledge required to maintain a computerised or manual general ledger system within an organisation, including processing journal entries and preparing a trial balance.  It applies to individuals employed in a range of work environments with responsibility for simple accounting functions within an organisation.  They may work as individuals providing administrative support within an enterprise, or may be other members of staff with delegated responsibilities relating to general ledger maintenance.

Unit details

Location:
Study level:
Vocational and further education (TAFE)
Unit code:
BSBFIA304

Assessment

Assessment tasks will be designed to reinforce and extend knowledge and skill competence within set and controlled parameters in accordance with each unit's learning outcomes and performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines. Students will be expected to demonstrate the following required skills: - accurately enter data; - reconcile subsidiary ledger systems with general ledger and prepare a trial balance; - implement double-entry principles; - systematically trace errors or refer them to appropriate people, and; - complete all tasks in accordance with accounting principles, legal and organisational responsibilities, and within scope of own responsibility. Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.Students will also be expected to demonstrate the following knowledge: - office equipment and resources; - computer equipment and relevant software; - examples of source journals, and; - case studies and, where possible, real situations.

Where to next?

As part of a course

This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

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