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FNS50217 Accounting
Question:
Question 1.1
You are working as a subcontract bookkeeper and have been approached by a home maintenance service, to maintain financial records. What are the communication techniques you can use to reach an understanding of the businesses’ needs and expectations of a bookkeeper?
What is the role of the AASB, TPB, and ATO relating to statutory, legislative and regulatory requirements regarding the documentation of accounting procedures?
What avenues are there for identifying other professionals?
1.4.b You are employed by an organisation as a bookkeeper and have been asked to create a strategic plan to guide the organisation through the next five years. You consider this to be outside your brief as a bookkeeper and after consulting with the management find they have no one else they believe capable of creating or coordinating the development of the strategic plan.
The organisation’s management accept creating a strategic plan is not a part of a bookkeeper’s duties, so have asked you to locate somebody who will be able to create a plan on their behalf.
Explain how you would identify someone who can create a strategic plan.
1.5.a How can you gather feedback?
What are the legislated aspects of the Code of Professional Conduct and how does it apply to tax and BAS agents?
Why does the financial services industry rely on policies, procedures, and codes of practice regarding accounting and bookkeeping?
What are policies, procedures, and codes of practice and how can they be used to support stakeholder’s information needs?
3.3.a What are the phases of the traditional system life cycle model?
3.3.b What should be assessed when reviewing a bookkeeping system?
What methods can you use to resolve problems that impede team performance?
List 10 types of technology commonly found in a business environment.
List five security and access measures for computer-based systems in the workplace describe the following types of training:
On-site training.
One-on-one training.
Peer training.
Coaching.
Self-study.
Off-site training.
5.1.b Why is it a good idea to conduct regular legislative workshops and meetings with staff?
Question 5.2 What are the limitations placed on customer service representatives who do not meet training standards?
Question 5.3
5.3.a What are the five tiers of professional development?
5.3.b How can you match professional development opportunities with goals and needs?
FNS50217 Accounting
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