ASSESSMENT INFORMATION for students
Throughout your training we are committed to your learning by providing a training and assessment framework that ensures the knowledge gained through training is translated into practical on the job improvements.
You are going to be assessed for:
Your skills and knowledge using written and observation activities that apply to the workplace.
Your ability to apply your learning.
Your ability to recognise common principles and actively use these on the job.
All of your assessment and training is provided as a positive learning tool. Your assessor will guide your learning and provide feedback on your responses to the assessment materials until you have been deemed competent in this unit.
HOW YOU WILL BE ASSESSED
The process we follow is known as competency-based assessment. This means that evidence of your current skills and knowledge will be measured against national standards of best practice, not against the learning you have undertaken either recently or in the past. Some of the assessment will be concerned with how you apply your skills and knowledge in the workplace, and some in the training room as required by each unit.
The assessment tasks have been designed to enable you to demonstrate the required skills and knowledge and produce the critical evidence to successfully demonstrate competency at the required standard.
Your assessor will ensure that you are ready for assessment and will explain the assessment process. Your assessment tasks will outline the evidence to be collected and how it will be collected, for example; a written activity, case study, or demonstration and observation.
The assessor will also have determined if you have any special needs to be considered during assessment. Changes can be made to the way assessment is undertaken to account for special needs and this is called making Reasonable Adjustment.
What if I believe I am already competent before training?
If you believe you already have the knowledge and skills to be able to demonstrate competence in this unit, speak with your trainer, as you may be able to apply for Recognition of Prior Learning (RPL).
Assessor Responsibilities
Assessors need to be aware of their responsibilities and carry them out appropriately. To do this they need to:
Ensure that participants are assessed fairly based on the outcome of the language, literacy and numeracy review completed at enrolment.
Ensure that all documentation is signed by the student, trainer, workplace supervisor and assessor when units and certificates are complete, to ensure that there is no follow-up required from an administration perspective.
Ensure that their own qualifications are current.
When required, request the manager or supervisor to determine that the student is ‘satisfactorily’ demonstrating the requirements for each unit. ‘Satisfactorily’ means consistently meeting the standard expected from an experienced operator.
When required, ensure supervisors and students sign off on third party assessment forms or third-party report.
Follow the recommendations from moderation and validation meetings.
How should I format my assessments?
Your assessments should be typed in a 11 or 12 size font for ease of reading. You must include a footer on each page with the student name, unit code and date. Your assessment needs to be submitted as a hardcopy or electronic copy as requested by your trainer.
How long should my answers be?
The length of your answers will be guided by the description in each assessment, for example:
Type of Answer Answer Guidelines
Short Answer 4 typed lines = 50 words, or
5 lines of handwritten text
Long Answer 8 typed lines = 100 words, or
10 lines of handwritten text = 1/3of a foolscap page
Brief Report 500 words = 1-page typed report, or
50 lines of handwritten text = 11/2foolscap handwritten pages
Mid Report 1,000 words = 2-page typed report
100 lines of handwritten text = 3 foolscap handwritten pages
Long Report 2,000 words = 4-page typed report
200 lines of handwritten text = 6 foolscap handwritten pages
How should I reference the sources of information I use in my assessments?
Include a reference list at the end of your work on a separate page. You should reference the sources you have used in your assessments in the Harvard Style. For example:
Website Name – Page or Document Name, retrieved insert the date. Webpage link.
For a book: Author surname, author initial Year of publication, Title of book, Publisher, City, State

assessment guide
The following table shows you how to achieve a satisfactory result against the criteria for each type of assessment task. The following is a list of general assessment methods that can be used in assessing a unit of competency. Check your assessment tasks to identify the ones used in this unit of competency.
Assessment Method Satisfactory Result Non-Satisfactory Result
You will receive an overall result of Competent or Not Yet Competent for the unit. The assessment process is made up of a number of assessment methods. You are required to achieve a satisfactory result in each of these to be deemed competent overall. Your assessment may include the following assessment types.
Questions All questions answered correctly Incorrect answers for one or more questions
Answers address the question in full; referring to appropriate sources from your workbook and/or workplace Answers do not address the question in full. Does not refer to appropriate or correct sources.
Third Party Report Supervisor or manager observes work performance and confirms that you consistently meet the standards expected from an experienced operator Could not demonstrate consistency. Could not demonstrate the ability to achieve the required standard
Written Activity The assessor will mark the activity against the detailed guidelines/instructions Does not follow guidelines/instructions
Attachments if requested are attached Requested supplementary items are not attached
All requirements of the written activity are addressed/covered. Response does not address the requirements in full; is missing a response for one or more areas.
Responses must refer to appropriate sources from your workbook and/or workplace One or more of the requirements are answered incorrectly.
Does not refer to or utilise appropriate or correct sources of information
Observation/
Demonstration All elements, criteria, knowledge and performance evidence and critical aspects of evidence, are demonstrated at the appropriate AQF level Could not demonstrate elements, criteria, knowledge and performance evidence and/or critical aspects of evidence, at the appropriate AQF level
Case Study All comprehension questions answered correctly; demonstrating an application of knowledge of the topic case study. Lack of demonstrated comprehension of the underpinning knowledge (remove) required to complete the case study questions correctly. One or more questions are answered incorrectly.
Answers address the question in full; referring to appropriate sources from your workbook and/or workplace Answers do not address the question in full; do not refer to appropriate sources.
Practical Activity All tasks in the practical activity must be competed and evidence of completion must be provided to your trainer/assessor.
All tasks have been completed accurately and evidence provided for each stated task. Tasks have not been completed effectively and evidence of completion has not been provided.
Attachments if requested are attached Requested supplementary items are not attached

Assessment cover sheet
Assessment Cover Sheet
Unit Code and Name: FNSACC408 Work effectively in the accounting and bookkeeping industry
Student name: Student Number:
Assessor Name: Date Submitted:
The following questions are to be completed by the assessor:
Is the Student ready for assessment? Yes No
Has the assessment process been explained? Yes No
Does the Student understand which evidence is to be collected and how? Yes No
Have the Student’s rights and the appeal system been fully explained? Yes No
Have you discussed any special needs to be considered during assessment? Yes No
The following documents must be completed and attached:
? 1. Portfolio and Checklist
The student will complete the written activity provided to them by the assessor. The Checklist will be completed by the assessor. S NYS
? 2. Third Party Report Checklist
The student will complete the activity provided to them by the assessor. The Activity Checklist will be completed by the Supervisor. S NYS
? 3. Short Answer Questions and Questions Checklist
The student will answer a range of questions written. The Questioning Checklist will be completed by the assessor. S NYS
Student Declaration
I agree to undertake assessment in the knowledge that information gathered will only be used for professional development purposes and can only be accessed by the RTO
I declare that:
? The material I have submitted is my own work;
? I have kept a copy of all relevant notes and reference material that I used in the production of my work;
? I have given references for all sources of information that are not my own, including the words, ideas and images of others.
Student Signature: Date:
Result and Feedback
Feedback to Student:
Overall Outcome ? Competent ? Not yet Competent
Assessor Signature: Date:

portfolio
According to Bizfluent.com Accounting policies are important to any business to maintain consistency and to set up a standard for decision-making. Based on policies, procedures are developed and followed, including paying bills, cash management and budgeting.
Accounting policies are usually approved by management and do not change much throughout the years. They are developed for long-term use, reflecting a firms’ values and ethics. Accounting policies are not the same as accounting principles. Accounting principles are the rules, and accounting policies are how a firm adheres to these rules.
Instructions
You will need to research information to assist with your responses for this task.
What you will need to complete this task
Research materials such as books, internet, magazines, workplace documentation etc.
Access to legislative and regulatory documentation relevant to own state or territory.
You should use a variety of sources to gather information including training resources, workplace policies and procedures (if you are able to access these) and government and industry bodies.
You are required to provide information about the following points. You must prepare a written response to each point, which can be supported by example documentation as required. Ensure material is referenced appropriately.
Word limit
To complete this activity, you are required to submit a portfolio and written responses of
Long Answer 8 typed lines = 100 words, or
10 lines of handwritten text = 1/3of a foolscap page
1.1 For this task you must assemble a portfolio of policies, procedures and codes of practice.
You are required to submit:
2 sample policies and procedures for Bookkeeping and accounting
2 sample codes of practice that relate to bookkeeping and accounting
You should read, review and research to answer the following questions in your own words. You may use reference sources from the internet, your workplace or another reference source such as a library.
Describe at least two avenues for identifying other relevant professionals.
Explain the requirements of at least two relevant industry codes of practice.
Explain the policies and procedures relevant to your role in a book-keeping organisation.
Describe the relevant statutory, legislative and regulatory requirements for documentation of accounting procedures.

Portfolio Checklist
Portfolio Checklist
Unit Code and Name: FNSACC408 Work effectively in the accounting and bookkeeping industry
For this assessment, the student must complete activity.
The activity is a stand-alone activity that will allow the student to display the required knowledge and skills that are essential when deciding overall competency.
Student name:
Assessor name:
Did the Student provide evidence of their ability to: Has the student satisfactorily completed the written activity?
Yes No
1.1 A portfolio of 2 policies and procedures and 2 codes of practice ? ?
1.2.a Describe at least two avenues for identifying other relevant professionals. ? ?
1.2.b Explain the requirements of at least two relevant industry codes of practice. ? ?
1.2.c Explain the policies and procedures relevant to your role in a book-keeping organisation. ? ?
1.2.d Describe the relevant statutory, legislative and regulatory requirements for documentation of accounting procedures. ? ?
Feedback to Student:
Result ? Satisfactory ? Not Yet Satisfactory
Assessor Signature: Date:

Third Party Report activity
The following task must be demonstrated in in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the accounting and bookkeeping field of work and include access to:
Organisational policies, procedures, legislation, regulations and codes of practice required for own role
Office equipment, technology, software and consumables required for own role, including an integrated financial software system and data
For this task you are to complete the following steps as you demonstrate your ability to work effectively in the accounting and bookkeeping industry.
Prepare for the task through completion of the following activities:
Conducting clear communication with the key stakeholders, clarify the business needs and the expectations of the work to be done, including the range, type and quality of service to be provided. Document these needs and expectations.
Determine the roles and responsibilities of the various members of the accounting and tax profession, including your own roles and responsibilities. Document these roles and responsibilities.
Identify and record the activities that fall outside your role and responsibilities, and for consult with relevant others about these activities to identify the networks of individuals who are able to carry them out, or who can provide advice and services
Identify and document the ethical principles and practices to be used within your role
Identify, obtain access to and record the publications and software tools which are designed to assist in carrying out your work activities
Research and document the legislative, statutory, regulatory and industry requirements which are relevant to carrying out your own work activities, as well as the relevant organisational policies and procedures
Complete the following actions to set up and maintain systems to meet your compliance requirements through the following actions:
Develop systems to support user needs. Document these systems.
Develop and document instructions and guidelines for carrying out daily activities according to their compliance requirements
Conduct regular reviews of the system, adapting it as necessary. Document the reviews and adaptions.
Perform the following steps to complete your work, working both autonomously and in a team as relevant to complete the work activities:
Determine the tasks to be done, and identify the conditions required for the autonomous or team environment work. Document the tasks and the conditions required.
Plan out and document the work to manage resources, time and priorities
Throughout teamwork, provide feedback to team members to encourage, value and reward individual and team efforts, and contributions. Document the feedback provided.
Work together in the team to identify and resolve problems that impede team performance. Record the problems identified and how they were resolved.
In a timely manner adapt to changes in technology and work organisation. Document any changes that arose during the task.
Perform the following actions to develop and maintain your own competency
Conduct a review to identify your own professional development needs and goals, including clarifying any competency, authorisation and licensing requirements. Document this review, including the needs and goals identified.
Seek and evaluate professional development opportunities that reflect your own needs and goals. Document these evaluations including how they fit into the timeline for your development.

2. third-party report
Third-Party Report
Unit Code and Name: FNSACC408 Work effectively in the accounting and bookkeeping industry
For this assessment, the student must complete the practical activity.
The practical activity is a stand-alone activity that will allow the student to display the required knowledge and skills that are essential when deciding overall competency.
Student name:
Assessor name:
Did the Student provide evidence of their ability to: Has the student satisfactorily completed the practical activity?
Yes No
Conducting clear communication with the key stakeholders, clarify the business needs and the expectations of the work to be done, including the range, type and quality of service to be provided. Document these needs and expectations. ? ?
Determine the roles and responsibilities of the various members of the accounting and tax profession, including your own roles and responsibilities. Document these roles and responsibilities. ? ?
Identify and record the activities that fall outside your role and responsibilities, and for consult with relevant others about these activities to identify the networks of individuals who are able to carry them out, or who can provide advice and services ? ?
Identify and document the ethical principles and practices to be used within your role ? ?
Identify, obtain access to and record the publications and software tools which are designed to assist in carrying out your work activities ? ?
Research and document the legislative, statutory, regulatory and industry requirements which are relevant to carrying out your own work activities, as well as the relevant organisational policies and procedures ? ?
Develop systems to support user needs. Document these systems. ? ?
Develop and document instructions and guidelines for carrying out daily activities according to their compliance requirements ? ?
Conduct regular reviews of the system, adapting it as necessary. Document the reviews and adaptions. ? ?
Determine the tasks to be done, and identify the conditions required for the autonomous or team environment work. Document the tasks and the conditions required. ? ?
Plan out and document the work to manage resources, time and priorities ? ?
Throughout teamwork, provide feedback to team members to encourage, value and reward individual and team efforts, and contributions. Document the feedback provided. ? ?
Work together in the team to identify and resolve problems that impede team performance. Record the problems identified and how they were resolved. ? ?
In a timely manner adapt to changes in technology and work organisation. Document any changes that arose during the task. ? ?
Conduct a review to identify your own professional development needs and goals, including clarifying any competency, authorisation and licensing requirements. Document this review, including the needs and goals identified. ? ?
Seek and evaluate professional development opportunities that reflect your own needs and goals. Document these evaluations including how they fit into the timeline for your development. ? ?
Feedback to Student:
Result ? Satisfactory ? Not Yet Satisfactory
Assessor Signature: Date:

Short Answer questions
Instructions
Answer the questions below by writing in the space provided. If you require more space, use a blank sheet of paper. Alternatively, you may like to use Microsoft Word and print out your answers to each question.
What you will need
Research materials such as books, internet, magazines, workplace documentation etc.
Access to legislative and regulatory documentation
Your Learner Guide for this unit of competence
Word limit
Short Answer Responses 4 typed lines = 50 words, or
5 lines of handwritten text
How would the following people expect you to communicate with them?
Manager
Experienced colleagues
Buddy or instructional tutor
Work mates
When in a group discussion making contributions, what should you make sure of?
What are the standard responsibilities for bookkeeping?
List four examples of activities that fall outside the role and responsibilities of a bookkeeper, and for each outline the individuals who would perform those tasks and whom you could refer other to for advice and services
Who could you seek feedback from in reference to the range, type and quality of service to be provided?
What are 4 most basic and important ethical standards that you will need to comply with?
What types of publications and software tools can assist you to carry out bookkeeping activities? List at least five examples
List at least six of the legislative, statutory, regulatory and industry requirements for carrying out accounting and bookkeeping work activities
What are the three phases to be considered when developing systems to support user needs?
What are the major compliance requirements to consider when developing instructions and guidelines for carrying out daily activities?
What should a systems review do?
What are the conditions you will need to identify in relation to your determined tasks?
Provide three tips for the planning of work to manage resources, time and priorities
What are the guidelines you should consider when providing feedback to team members to encourage, value and reward individual and team efforts, and contributions?
What are two of the method you could use to support team members to identify and resolve problems which impede performance?
Why is it important to be able to adapt to changes in technology and work organisation in a timely manner?
Why is it important to identify and review your professional development needs and goals on regular basis?
What are the requirements it is essential to ensure that you clarify and comply with?
What are the steps you can apply to identify the professional development opportunities that reflect own needs and goals?

short answer Questions Checklist
Short Answer Questions Checklist
Unit Code and Name: FNSACC408 Work effectively in the accounting and bookkeeping industry
Student name:
Assessor name:
Satisfactory response
Yes No
1 How would the following people expect you to communicate with them?
a. Manager
b. Experienced colleagues
c. Buddy or instructional tutor
d. Work mates ? ?

2 When in a group discussion making contributions, what should you make sure of? ? ?

3 What are the standard responsibilities for bookkeeping? ? ?

4 List four examples of activities that fall outside the role and responsibilities of a bookkeeper, and for each outline the individuals who would perform those tasks ? ?

5 Who could you seek feedback from in reference to the range, type and quality of service to be provided? ? ?

6 What are 4 most basic and important ethical standards that you will need to comply with? ? ?

7 What types of publications and software tools can assist you to carry out bookkeeping activities? List at least five examples ? ?

8 List at least six of the legislative, statutory, regulatory and industry requirements for carrying out accounting and bookkeeping work activities ? ?

9 What are the three phases to be considered when developing systems to support user needs? ? ?

10 What are the major compliance requirements to consider when developing instructions and guidelines for carrying out daily activities? ? ?

11 What should a systems review do? ? ?

12 What are the conditions you will need to identify in relation to your determined tasks? ? ?

13 Provide three tips for the planning of work to manage resources, time and priorities ? ?

14 What are the guidelines you should consider when providing feedback to team members to encourage, value and reward individual and team efforts, and contributions? ? ?

15 What are two of the method you could use to support team members to identify and resolve problems which impede performance? ? ?

16 Why is it important to be able to adapt to changes in technology and work organisation in a timely manner? ? ?

17 Why is it important to identify and review your professional development needs and goals on regular basis? ? ?

18 What are the requirements it is essential to ensure that you clarify and comply with? ? ?

19 What are the steps you can apply to identify the professional development opportunities that reflect own needs and goals? ? ?

Feedback to Student:
Result ? Satisfactory ? Not Yet Satisfactory
Assessor Signature:
Date: