Financial Accounting - Seed Training and Seed Career

ABOUT THE COURSE

This Financial Accounting course describes the skills and knowledge required to prepare and process routine financial documents, prepare journal entries, post journal entries to ledgers, prepare banking and reconcile financial receipts, extract a trial balance and interim reports, record general journal adjustment to prepare end of period financial reports, and prepare financial statements for entities that do not have statutory duty to file financial report with government agencies and regulators. This course applies to individuals who use specialised knowledge and follow agreed processes to carefully check and process detailed financial information to ensure accounting standards are comply.

UNITS

Financial Accounting short course includes three units:

BSBFIA401 Prepare financial reports
FNSACC311 Process financial transactions and extract interim reports
FNSACC414 Prepare financial statements for non-reporting entities

UPON COMPLETION

Upon successful completion of all the units, students will receive a Statement of Attainment.
Students who do not complete all required units may be eligible for a Statement of Attainment in partial completion of the skill set.

DURATION

6 months access to materials and on-going support.
Students are provided access to the learning management system (Moodle) for 24 weeks to complete the course.
Students will be required to undertake online learning activities, independent study and assessment activities completed in their own time for approximately 3 hours per week. Total course study commitment is 3 hours/week * 24 weeks = 72 hours.
The indicated hours are approximate as the amount of time different students spend on independent study/open book assessment will vary with individual learner needs and students own individual contexts.

ASSESSMENTS

Knowledge questions
Case studies
Role plays

ENTRY REQUIREMENTS

Students must be at least 18 years of age at the time of enrolment.
There are no formal educational entry requirements.
The student is required to complete a Pre-Training Review form and submit together with the course application prior to the enrolment, and it is used to collect the information that will be analysed to determine if the course is appropriate for addressing the student’s learning needs.
The student needs to have basic capability of manipulating computer and web browser.

EQUIPMENT NEEDED

A computer with internet and web browser access
Word/text processing, spreadsheet, and presentation software installed (e.g. Microsoft Office)
PDF reader

Delivery Method

The course is delivered via online learning. Students also undertake independent study and assessment activities in addition to online learning activities. Examples of online learning activities include reading subject content, undertaking tasks, watching/reading PowerPoint presentations. Independent study activities include research, reading, practicing, applying knowledge and skills learned, and preparing for and undertaking assessment tasks.

Time & Venue

Enrol anytime, study anywhere

RECOGNITION of PRIOR LEARNING (RPL) / CREDIT TRANSFER (CT)

All students are provided with the opportunity to have their prior learning and experience assessed against current standards and gain recognition for this. (Recognition for Prior Learning – RPL)

Students who have successfully completed whole units of competency included in this course can apply for Credit Transfer.

Credit Transfer and RPL application processes are provided to students in pre-enrolment information in accordance with the policy and procedure.