FNS50222 Diploma of Accounting

• Key general business requirements to work in the financial industry, such as complex spreadsheets and effective strategies to work with others
• Provide financial and business performance information and manage budgets and forecasts
• How to prepare tax documentation for individuals and financial reports for corporate entities
• Establish and maintain accounting information systems and evaluate business performance
• Prepare financial reports to meet statutory requirements and provide management accounting information

The following provides a general overview of the evidence gathering techniques that will be used to assess each unit of competency. The Assessment Methods have been identified below including information on the timing of assessment and any adjustments that may be utilised.

Knowledge questions

These are questions that the student is required to answer. Questions may be true/false, multiple choice or of the type where a ‘sequence of order’ list is required, or similar. These are simple questions and may be made available in Moodle as a self-marking quiz or may be comprise of short answer questions.

Practical project/Observation

This Assessment Tool requires the student to complete practical tasks and written work related to the practical. During practical task, trainer/assessor completes observation checklist observing skills of students. In addition to this, student may have to complete templates and documentations related to the practical tasks.

This assessment tool includes following tasks (but not limited to):

• Roleplay and discussion – student to complete some written answers/sections of a document and the assessor recording their observation on an Observation Checklist and /or comments about practical skill(s) being demonstrated while asking the student questions

• A presentation (where there are preparatory notes, slides, and the presentation itself)
• Completion of template to prepare documentation
• Formal Reports
• Lab activities that include submitting evidence in the form of Screenshot

Case Study

A detailed study of a specific subject, that allows in-depth, multi-faceted explorations of complex issues in their real-life settings.

Recognition of Prior Learning (RPL) is a form of assessment that acknowledges skills and knowledge gained through formal training conducted by industry or education, work experience, and life experience to gain Nationally Recognised Qualification. Credit for previous studies is not recognition of prior learning.

Credit is producing evidence of units of competency/qualifications previously undertaken and successfully completed. Applications for Credit Transfer, must include units of competencies completed, duration of the course and evidence of completion (certificate and transcript or statements of attainment).

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Queensford College use industry current practices and methodologies to ensure the training program is relevant to industry while also meeting Training Package requirements. Our students have access to a team of reliable staff and trainers that are available throughout the course duration. For the duration of the course students will be supported with the following:

• Student Services: for all administrative enquiries and on issues associated with general academic skills
• Trainers: to answer any questions students may have about the course content, assessments and study progress
• Help Desk: for any assistance on course materials and assessment submission through our online learning platform.