FNSACC416 - Set up and operate a computerised accounting system

Unit code: FNSACC416 | Study level: TAFE

Credit points

N/A

Location

City King St

Footscray Nicholson

St Albans

Sunshine

Werribee

Prerequisites

N/A

Overview

This unit describes the skills and knowledge required to establish, operate, and modify an integrated computerised accounting system. This is generally under supervision and encompasses processing transactions in the system, maintaining the system, producing reports, and ensuring system integrity.

It applies to individuals who, within the scope of own responsibility, use specialised knowledge, information technology, and planning and organising skills to establish and maintain an organisational system in service and trading environments.

Assessment

For Melbourne campuses

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:

set up the chart of accounts for one organisation by modifying an established integrated financial software system;
implement an integrated computerised accounting system, ensuring integrity of the data;
process transactions in the integrated system;
generate reports in the integrated system over at least two reporting periods, and;
maintain computerised accounting system information securely.

Students will also be expected to demonstrate the following knowledge:

key features of desktop and cloud-based computerised accounting systems;
key features of organisational policies and procedures relating to setting up and operating a computerised accounting system;
key requirements of financial services industry legislation relating to information privacy when using computerised accounting systems, and;
key features and characteristics of information included in source documents of financial data.

Required reading

The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the Polytechnic and/or via the Polytechnic e-learning system.