FNS41820 Certificate IV in Financial Services
BSBWRT411 Write complex documents
Assessment Tasks Cover Sheet
Name: Organisation (if applic.): Email address: Phone number: Date due: Date submitted: Date/s course attended: Facilitator/s: Submission of Assessments:
Preferred Method of Submission: Please submit via your ASC Online log in.
If in the event you are unable to upload your tasks, you may email your work to: submissions@asctraining.com.au - Please be aware this may delay the marking of your assessment.
Please ensure you submit all assessment tasks within 4 Weeks of the workshop.
Declaration
In submitting these assessment tasks, I am aware of the requirement that all work submitted was completed by myself and that any information obtained from other sources is appropriately acknowledged.
Information for the Candidate
Complete all Assessment Tasks.
Submit cover sheet Please note Declaration Statement.
Submit completed Assessment Tasks using one of the methods listed on the cover sheet.
Assessment Task Checklist
Task Requirements Completed
1 Conference financial report
First draft
Final copy 2
Office for Case Management Review Report
Complete Executive Summary 3 Formatting draft report The Main Block
Changes to normal font
Apply department style guide
Highlight changes with YELLOW background
Insert hard spaces 4 Briefing for Chief Executive
First draft
Final copy 5 Knowledge Evidence
Proof reading & editing processes
Complete table: communication methods These Assessment Tasks address the Assessment Requirements for BSBWRT411 Write complex documents..
Performance Evidence
Evidence of the ability to:
plan, draft and finalise three different complex documents that convey the required information in a format suitable for the intended audience and purpose according to organisational policies and procedures for document production.
In the course of the above, the candidate must:
review and analyse a range of information sources
use business technology to apply formatting and incorporate graphics
apply organisation style guide/house style.
Knowledge Evidence
The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
organisation style guide/house style
format and its impact on readability, cohesion and appearance of document
categories and logical sequences of information
rules and conventions for written English
key features of word processing software
key features of written communication methods, including:
general emails
procedures
business letters
meeting agendas
organisational policies and procedures relating to written communication
process for checking:
suitability of document for audience, purpose, format, and structure
grammar, spelling and style for accuracy and punctuation
key text elements including basic design elements.
Task 1: Conference financial report
Referring to the conference project from Unit 10, please prepare a financial report for the conference, based on the figures up to the end of the first six months. Use the report provided for the building project in Unit 10 and the report provided for the Teacher resettlement program in Unit 11 as a guide.
Submit:
a first draft and
a final copy
of the financial report.
Task 2: Office for Case Management review report
Complete the Executive Summary (no less than one page and no more than 1 pages) for the Review of the Office for Case Management that was started during the workshop.
Task 3: Formatting a draft report The Main Block
Change the normal font of the document to:
Calibri 12-point font
paragraph 3-point space
left aligned
Using the PRAISE narrative structure for the Heading Hierarchy:
Apply the following aspects of department style guide to update the draft report (file The Main Block assessment document):
Use of bullet points
Use of capital letters
Headings
References to numbers and percentages
Please highlight the areas you change for the above with a yellow background.
Insert hard spaces where numbers or dates wrap around lines.
Task 4: Main Block - Briefing for the Chief Executive
Produce a briefing for the Department CE using the Departments Template included in the course resources (file name - chief-executive-briefing-template for assessment) by
drafting information for the background, key points and financial implications sections.
Use the document you updated in Task 3 as attachment 2.
Submit:
a first draft and
a final copy
of the briefing.
Task 5: Knowledge Evidence
Describe the processes and resources that you use to proof read and edit a document. (1/2 page)
List 3 key features of each the following communication methods
Communication Method Features (list 3)
General email Procedures Business Letter Meeting Agenda 15811500
FNS41820 Certificate IV in Financial Services
FNSFMK411 Perform reconciliations
Assessment Tasks Cover Sheet
Name: Organisation (if applic.): Email address: Phone number: Date due: Date submitted: Date/s course attended: Facilitator/s: Submission of Assessments:
Preferred Method of Submission: Please submit via your ASC Online log in.
If in the event you are unable to upload your tasks, you may email your work to: submissions@asctraining.com.au - Please be aware this may delay the marking of your assessment.
Please ensure you submit all assessment tasks within 4 Weeks of the workshop.
Declaration
In submitting these assessment tasks, I am aware of the requirement that all work submitted was completed by myself and that any information obtained from other sources is appropriately acknowledged.
Information for the Candidate
Complete all Assessment Tasks.
Submit cover sheet Please note Declaration Statement.
Submit completed Assessment Tasks using one of the methods listed on the cover sheet.
Assessment Task Checklist
Task Requirements Completed
1 Reconcile the Teacher Resettlement Budget
Produce point-to-point reconciliation 2
Reconcile the results from Unit 11 school accounts
add a new tab that presents a completed reconciliation of:
initial profit and loss results with the revised profit and loss results
initial balance sheet results with the revised balance sheet results 3 Bank Reconciliation Vulnerable Housing
Complete a bank reconciliation for this account in the workbook titled Vulnerable housing Unit 13 Assessment.xlsx on the tab titled Deposit Bank Reconciliation.
On the reconciliation, identify what actions are recommended to correct the difference
Draft the journals required at the end of the year to remedy this situation 4 Temporary accounts
What is difference between a suspense account and a clearing account?
What is your understanding of what this balance represents?
Using the departments purchase card reconciliation form, input your own examples of transactions to complete a reconciliation for the amount in the holding account.
What will be the transaction that clears the balance in the holding account?
5 Communicate with stakeholders
For each of examples in Tasks 1, 2 and 3, provide a list of people we might need to communicate with and work with for any of the following aspects of producing our reconciliations:
Sourcing information for the reconciliation
producing the reconciliation
resolving any differences arising
Escalating unresolved differences
Sign off on the reconciliation. These Assessment Tasks address the Assessment Requirements for FNSFMK411 Perform reconciliations..Performance Evidence
Evidence of the ability to:
identify, investigate and resolve at least three different discrepancies.
In the course of the above, the candidate must:
communicate with appropriate stakeholders to reconcile discrepancies
escalate unresolved discrepancies in line with organisational procedure
interpret and follow organisational and industry reconciliation procedures.
Knowledge Evidence
The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
role of reconciliation as a control for managing risk in the transaction process
systems that hold data in operational systems and accounts
account types and systems to be reconciled
types of reconciliations
basic ledger and book-keeping functions for organisational and industry reconciliation procedures.
Task 1: Reconcile the Teacher resettlement budget
In Unit 5 we created a zero-based budget for the Teacher resettlement program. That budget was revised to meet top-down financial constraints. In the unit 13 training session, a reconciliation of this change in budget was provided.
In Unit 11, we reported on the progress of the teacher resettlement program with reports showing higher than expected spending. We have been asked to update the Teacher resettlement budget and provide a reconciliation of the changes to the budget from that previously approved.
Based on experience to date, we can update the budget for:
Increased office accommodation costs - was $320 per square metre and is now $385 per square metre
Increased house rental costs was $400 per week and is now $425 per week
Higher than expected turnover of families was 130 per annum but revised up to 200 families per annum
Increased cleaning costs per house was $300 per clean and is now $350 per clean
Lower maintenance costs.
That budget has been updated in the workbook titled Teacher Resettlement case study Unit 13.xlsx in the tab titled assumptions revised.
In the tab reconciliation update, produce a point-to-point reconciliation that shows the movement from the approved budget to the revised budget referring to, at least, the following reconciling items:
Increased office accommodation costs
Increased house rental costs
Higher than expected family turnover
Higher costs for cleaning per house
Reduced maintenance costs.
Task 2: Reconcile the results from our Unit 11 School accounts
For the school accounts, during the unit we started reconciling the initial profit and loss statement with the updated profit and loss statement.
The Unit 11 assessment required you to process a journal and update the school accounts. Using your updated version of the school accounts submitted in the assessment for Unit 11, please add a new tab that presents a completed reconciliation of
The initial profit and loss results with the revised profit and loss results by including and completing the table below.
The initial balance sheet results with the revised balance sheet results by including and completing the table below.
Task 3: Bank reconciliation Vulnerable Housing
Our organisation, Vulnerable Housing, has received the following bank statement for its deposit account at the end of the financial year.
From the trial balance in the workbook Vulnerable Housing Unit 13 Assessment, we can observe the following in the General ledger:
Complete a bank reconciliation for this account in the workbook titled Vulnerable housing Unit 13 Assessment.xlsx on the tab titled Deposit Bank Reconciliation.
On the reconciliation, identify what actions are recommended to correct the difference
Draft the journals required at the end of the year to remedy this situation
Task 4: Temporary accounts
What is difference between a suspense account and a clearing account?
The extract from trial balance below shows a credit balance in the holding account.
What is your understanding of what this balance represents?
Using the departments purchase card reconciliation form, input your own examples of transactions to complete a reconciliation for the amount in the holding account.
What will be the transaction that clears the balance in the holding account?
Task 5: Communicate with stakeholders
For each of examples in Tasks 1, 2 and 3, provide a list of people we might need to communicate with and work with for any of the following aspects of producing our reconciliations:
Sourcing information for the reconciliation
producing the reconciliation
resolving any differences arising
Escalating unresolved differences
Sign off on the reconciliation.
