FNSACC303 (superseded)

Perform financial calculations (Superseded)

Release 1

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Participant Guide

Trainer Manual

Warning!
This unit is replaced by FNSACC313.

Unit Information about the FNSACC303 training material in this resource

Application

This unit describes the skills and knowledge required to use a range of common calculation methods and techniques for conducting routine financial calculations and transactions.

It applies to individuals who use literacy and numeracy skills to perform common computational tasks as part of an operational job role.

Unit mapping information

This unit supersedes FNSACC303A Perform financial calculations

Licensing, legislative, regulatory or certification requirements

No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.

Foundation skills

This unit contains foundation skills

Unit sector or competency field

Accounting

Prerequisite, co-requisite or interdependent assessment of units

None specified.

Assessment conditions

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the accounting field of work and include access to:

  • common office equipment, technology, software and consumables

  • hand held calculators

  • financial services industry documentation and specialist software

  • information technology systems and databases

Assessors must satisfy NVR/AQTF assessor requirements.