BSBFIA412
Report on financial activity (Superseded)
Note: BSBFIA412 is superseded by BSBFIN401
This unit is an accredited training resource consistent with the Nationally Recognised Training requirements for Vocational Education and Training (VET) and is ideal for Registered Training Organisations (RTOs) in Australia. It consists of Learning Resource Material (instructional theory), an Assessment Workbook, and information about assessment mapping to the Performance Criteria, Knowledge Evidence, and Performance Evidence requirements of this accredited unit.
Our BSBFIA412 training product is available for purchase as a hardcopy (printed) book in both Learner Guide and Trainer/Assessor Guide variants. This unit is available for enrolment and online training/assessment via Catapult LMS (Learning Management System). NOTE: If you are a training provider, please do your own validation, in accordance with your Training and Assessment Strategy (TAS).
$19.00 inc GST
Unit information about the BSBFIA412 training material in this resource
BSBFIA412 information from training.gov.au.
Application
This unit describes the skills and knowledge required to prepare financial reports in line with statutory reporting requirements. It encompasses compiling and analysing data.
This unit applies to individuals that are required to apply specialised knowledge and analytical skills to prepare financial reports as part of their job role.
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the BSB Business Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
Unit mapping information
Equivalent unit to BSBFIA402 Report on financial activity Release 1.
Updates to elements, performance criteria and assessment requirements.
Licensing, legislative, regulatory or certification requirements
Nil
Foundation skills
Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.
Unit sector or competency field
Finance – Financial Administration
Prerequisite, co-requisite or interdependent assessment of units
Not applicable
Assessment conditions
Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the financial administration field of work and include access to:
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office equipment and resources
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computer with relevant software
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examples of financial data, reports and documents
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workplace financial policies and procedures
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case studies and, where possible, real situations in the workplace.
Assessors of this unit must satisfy the assessor requirements in applicable vocational education and training legislation, frameworks and/or standards.