Unit 31 Accounting Work Skills
Course Summary
This unit is about those skills that all accounting technicians need to operate effectively and contains three elements:
- Present financial data for internal and external use
- Operate a computerised accounting system
- Perform effectively in the workplace
The first element involves obtaining, analysing and presenting financial information. It involves making comparisons between costs and income of different periods and reporting on the discrepancies. The reports produced will include the presentation of ratios and performance indicators using tables, charts and graphs.
In addition to reports, certain standard returns will need to be completed including loan returns, inter-firm comparisons and VAT returns.
The second element involves developing the skills needed to use a computer system, including a computerised accounting system.
The final element involves those generic skills essential to employees performing an accounting function. It includes prioritising, planning and organising work tasks with an emphasis on training and development to improve performance.
