Module Outline
Date retreived
22/07/2026 7:32 AM AWST
22/07/2026 7:32 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Financial Accounting
Financial Accounting
Module
National Code
State Code
15667
15667
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
30/06/1999
Field of Education
080101 - Accounting
Nominal Hours
60
Description
To provide the participant with knowledge of accounting standards, procedures and concepts as they apply to:
Basic management reports and analysis
incomplete/single entry systems
not-for-profit organisations
accounting and control over inventories
accounting for partnerships
accounting for primary producers
accounting for leases
companies - terms and definitions
Basic management reports and analysis
incomplete/single entry systems
not-for-profit organisations
accounting and control over inventories
accounting for partnerships
accounting for primary producers
accounting for leases
companies - terms and definitions
Range of Variables
Performance requirements in the unit may be undertaken in an industry context. Aspects of competency including attainment of relevant knowledge and skills may be conducted in a simulated work environment.
Evidence Guide
Internal Assessment 100%
Assessment of performance requirements in the unit may be undertaken in an industry context. Aspects of competency, including attainment of relevant knowledge and skills may be assessed in a simulated work environment. Competency is demonstrated by performance of all stated criteria.
Within the Workplace/simulated work environment:
- Written Short answers
- Project if desired
- Practical exercise in conjunction with the
- Assessment for other learning outcomes
Assessment of performance requirements in the unit may be undertaken in an industry context. Aspects of competency, including attainment of relevant knowledge and skills may be assessed in a simulated work environment. Competency is demonstrated by performance of all stated criteria.
Within the Workplace/simulated work environment:
- Written Short answers
- Project if desired
- Practical exercise in conjunction with the
- Assessment for other learning outcomes
Elements and Performance Criteria
No information
No information
Associated Qual/Courses
| State Code | National Code | Title | Type |
|---|---|---|---|
| C156 | FNB50299 | Diploma of Accounting | Qualification |