Module Outline

Date retreived
22/07/2026 10:22 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Financial Accounting 1

Financial Accounting 1

Module
National Code
State Code
18008
DTWD Status
Approved
State Implementation and Classification
Approved Date
05/12/1994
Field of Education
080101 - Accounting
Nominal Hours
68
Description
To enable students to:

Correctly record accounting transactions in the
appropriate books of account.

Correctly prepare classified financial statements
for a sole trader.

Prepare a bank reconciliation statement.
No information
Evidence Guide
Internal Assessment 20%
Examination 80%

Internal assessment 20%
One 3 hour end of semester examination 80%

Students are permitted to use a non-programmable
silent calculator.
Elements and Performance Criteria
No information
No information
Associated Qual/Courses
State Code National Code Title Type
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9600 Applied Science Computing Accredited course
9650 Applied Science Mathematics Accredited course
7447 Arts (Visual Art Management) Accredited course
8801 Business Accounting Accredited course
8175 Business Administration Accredited course
8197 Business Banking and Finance Accredited course
8802 13964TPWA Business Legal Studies Accredited course
8200 Business Office and Secretarial Studies Accredited course
8806 6043 Diploma of Commerce (university) Accredited course