TVET CURRICULUM Based on December, 2021 (V- I) Occupational standard (OS)
March, 2022 Addis Abeba, Ethiopia Preface The reformed TVET-System is an outcome-based system. It utilizes the needs of the labor market and occupational requirements from the world of work as the benchmark and standard for TVET delivery. The requirements from the world of work are analyzed and documented – taking into account international benchmarking – as occupational standards (OS).
In the reformed TVET-System, curricula and curriculum development play an important role with regard to quality driven comparable TVET-Delivery. The Curricula help to facilitate the training process in a way, that trainees acquire the set of occupational competences (skills, knowledge and attitude) required at the working place and defined in the occupational standards (OS).
This curriculum has been developed by a group of professional experts from different Regional TVET Bureaus, colleges, Industries, Institutes and universities based on the occupational standard for Accounting and Finance Level IV.
The curriculum development process has been actively supported and facilitated by Ministry of Labor and Skills.
o Page 1 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV TVET-Program Design 1.1. TVET-Program Title: Accounting and Finance Level IV
1.2. TVET-Program Description
The Program is designed to develop the necessary knowledge, skills and attitude of the trainees to the standard required by the occupation. The contents of this program are in line with the occupational standard. The Trainees who successfully completed the Program will be qualified to work as an Accountant Level IV with competencies elaborated in the respective OS. Graduates of the program will have the required qualification to work in the Labor and Social Affair sector in the field of Accounting and Finance.
The prime objective of this training program is to equip the Trainees with the identified competences specified in the OS. Graduates are therefore expected to Prepare Financial Statements for governmental and not for profit Entities (NFP), Set up and operate a Computerized Accounting Information System, Apply Principles of Professional Practice to Work in the financial services industry, Prepare Financial Reports based international financial report standard (IFRS), Process Business Tax Requirements, Develop and Use Complex Spreadsheets, Produce Job order and Process Costing System, Maintain Inventory Records and valuation system, Establish and Maintain a Cash and Accrual Accounting System, Manage Overdue Customer Accounts, Provide Management Accounting Information and Perform auditing and reporting in accordance with the performance criteria and evidence guide described in the OS.
1.3. TVET-Program Training Outcomes
The expected outputs of this program are the acquisition and implementation of the following units of competences: LSA ACF4 01 1221 Prepare Financial Statements for governmental and not for profit Entities (NFP) LSA ACF4 02 1221 Set up and operate a Computerized Accounting Information System LSA ACF4 03 1221 Apply Principles of Professional Practice to Work in the financial services industry LSA ACF4 04 1221 Prepare Financial Reports based international financial report standard (IFRS) LSA ACF3 05 1221 Process Business Tax Requirements LSA ACF4 06 1221 Develop and Use Complex Spreadsheets
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Accounting and Finance Ministry of Labor and Skills February, 2021 Level- II LSA ACF4 07 1221 Produce Job order and Process Costing System LSA ACF4 08 1221 Maintain Inventory Records and valuation system LSA ACF4 09 1221 Establish and Maintain a Cash and Accrual Accounting System LSA ACF4 10 1221 Manage Overdue Customer Accounts LSA ACF4 11 1221 Provide Management Accounting Information LSA ACF4 12 1221 Perform auditing and reporting
o Page 2 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 1.4. Duration of the TVET-Program The Program will have duration of 1280 hours including the in school/ Institution training and on-the-job practice or cooperative training time. Such cooperative training based on realities of the industry, nature of the occupation, location of the TVET institution, and other factors will be considered in the training delivery to ensure that trainees acquire practical and workplace experience. s.no Unit competency TVET Institution Cooperative Total Remarks training training hours Theory Practical Prepare Financial Statements for 24 40 16 80 1. governmental and not for profit Entities (NFP) Set up and operate a Computerized 32 116 32 180 2. Accounting Information System Apply principles of professional 32 16 32 80 3. Practice to work in the financial services industry Prepare Financial Reports based 54 56 40 4. international financial report 150 standard (IFRS) 5. Process Business Tax Requirements 22 32 16 70
Develop and Use Complex 20 32 8 60
6. Spreadsheets Produce Job order and Process 45 32 72 150 7. Costing System Maintain Inventory Records and 36 24 40 100 8. valuation system Establish and Maintain a Cash and 46 56 48 150 9. Accrual Accounting System Manage Overdue Customer 32 24 8 60 10. Accounts Provide Management Accounting 40 34 56 130 11. Information 12. Perform auditing and reporting 22 32 16 70 Total allotted hour 405 494 384 1280
o Page 3 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 1.5. Qualification Level and Certification Based on the descriptors elaborated on the Ethiopian National TVET Qualification Framework (NTQF) the qualification of this specific TVET Program is Level II.
The trainee can exit after successfully completing the modules in one level and will be awarded the equivalent institutional certificate on the level completed. However, only institutional certificate of training accomplishment will be awarded.
1.6. Target Groups
Any citizen with or without disability who meets the entry requirements under items 1.7 and capable of participating in the training activities is entitled to take part in the Program.
1.7 Entry Requirements
The prospective participants of this program are required to possess the requirements or directive of the Ministry of Labor and Skills.
1.8 Mode of Delivery
This TVET-Program is characterized as a formal Program on middle level technical skills. The mode of delivery is co-operative training. The time spent by the trainees in the real work place/ industry will give them enough exposure to the actual world of work and enable them to get hands-on experience.
The co-operative approach will be supported with school-based lecture-discussion, simulation
and actual practice. These modalities will be utilized before the trainees are exposed to the industry environment.
Hence based on the nature of the occupation, location of the TVET institutions, and interest of the industry alternative mode of cooperative training such as apprenticeships, internship and traineeship will be employed. In addition, in the areas where industry is not sufficiently available the established production and service centers/learning factories in TVET institutions will be used as cooperative training places. The Training-Institution and identified companies have forged an agreement to co-operate with regard to the implementation of this program.
o Page 4 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 1.9.TVET-Program Structure Duration Unit of Competence Module Code & Title Training Outcomes (In Hours) LSA ACF2 03 1221 Apply Principles LSA ACF4 M01 Applying Principles of Identify the scope, sectors and 80 Hr. of Professional 0322 Professional Practice to responsibilities of the industry Practice to Work Work in the financial Identify and apply financial in the financial services industry services industry guidelines, services industry procedures and legislation Identify sustainability issues for the financial services industry Manage information Participate in and facilitate work team activities Plan work to be completed taking into consideration time, resources and other constraints Develop and maintain personal competency LSA ACF2 10 1221 Manage Overdue LSA ACF4 M02 Managing Overdue Identify customers requiring 60 Customer 0322 Customer Accounts collection activity Accounts Establish contact with customer and attempt to resolve outstanding payment matters Negotiate resolution of outstanding payments Agreement is monitored to ensure adherence
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LSA ACF2 01 1221 Prepare Financial LSA ACF4 M03 Preparing Financial Nature of Governmental and 80 Statements for 0322 Statements for not-for profit organizations governmental and governmental and not for Accounting for governmental not for profit profit Entities (NFP) entities Entities (NFP) Accounting for governmental entities for Ethiopian method
LSA ACF2 04 1221 Prepare Financial LSA ACF4 M04 Preparing Financial Maintain asset register 150 Reports based 0322 Reports based Record general journal entries international international financial for balance day adjustments financial report report standard (IFRS) Prepare final general ledger standard (IFRS) accounts Prepare end of period financial reports LSA ACF2 05 1221 Process Business LSA ACF4 M05 Processing Business Tax Maintain accounting records for 70 Tax Requirements 0322 Requirements taxation purposes Establish and maintain a process for managing business tax returns Process business tax returns and lodgments LSA ACF2 06 1221 Develop and Use LSA ACF4 M06 Developing and Using Prepare to develop spreadsheet 60 Complex 0322 Complex Spreadsheets Develop a linked spreadsheet Spreadsheets solution Automate and standardize spreadsheet operation Use spreadsheets
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LSA ACF2 02 1221 Set up and operate LSA ACF4 M07 Setting up and operating Implement an integrated 180 a Computerized 0322 a Computerized accounting system Accounting Accounting Information Process transactions within the Information System system System Maintain the system Design and Produce Financial report Company administration LSA ACF2 09 1221 Establish and LSA ACF4 M08 Establishing and Identify relevant information 150 Maintain a Cash 0322 Maintaining a Cash and and establish a chart of accounts and Accrual Accrual Accounting Analyse and verify source Accounting System documents System Process receipts and payments Set up and maintain a petty cash system Process and reconcile credit cards Manage bank reconciliations and prepare and produce reports Process invoices, adjustment notes and other general ledger transactions Manage contra entries Identify and process bad debts Manage debt recovery Prepare trial balance and Financial reports
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LSA ACF2 12 1221 Perform auditing LSA ACF4 M09 Performing auditing and Participate in planning an audit 70 and reporting 0322 reporting Participate in conducting an audit Report and follow up audit outcomes LSA ACF2 08 1221 Maintain LSA ACF4 M10 Maintaining Inventory Process inventory purchase 100 Inventory Records 0322 Records and valuation Record inventory flows and valuation system Reconcile inventory records to system general ledgers Prepare inventory schedules and ad hoc reports LSA ACF2 08 1221 Produce Job order LSA ACF4 M11 Producing Job order and Identify and discuss the role of 150 and Process 0322 Process Costing System taxation in the Ethiopian Costing System economy Identify and discuss direct tax Identify and discuss indirect tax Identify and discuss stamp duty tax Manage tax liability LSA ACF2 11 1221 Provide LSA ACF4 M12 Providing Management Gather and record operating and 130 Management 0322 Accounting Information cost data Accounting Analyze data Information Prepare budgeted reports Review costing system integrity *The time duration (Hours) indicated for the module should include all activities in and out of the TVET institution
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 1.10 Institutional Assessment Two types of evaluation will be used in determining the extent to which training outcomes are achieved. The specific training outcomes are stated in the modules. In assessing them, verifiable and observable indicators and standards shall be used.
The formative assessment is incorporated in the training modules and form part of the training process. Formative evaluation provides the trainee with feedback regarding success or failure in attaining training outcomes. It identifies the specific training errors that need to be corrected, and provides reinforcement for successful performance as well. For the teacher, formative evaluation provides information for making instruction and remedial work more effective.
Summative Evaluation the other form of evaluation is given when all the modules in the program have been accomplished. It determines the extent to which competence have been achieved. And, the result of this assessment decision shall be expressed in the term of institutional Assessment implementation guidelines..
Techniques or tools for obtaining information about trainees’ achievement include oral or written test, demonstration and on-site observation.
1.11 TVET Teachers Profile
The teachers conducting this particular TVET Program are A Level who have satisfactory practical experiences or equivalent qualifications.
o Page 9 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 01 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Applying Principles of Professional Practice to Work in the financial services industry MODULE CODE: LSA ACF4 M01 0322 NOMINAL DURATION: 80 Hours MODULE DESCRIPTION: This module covers the competence required to identify industry professional approaches to procedures, guidelines, policies and standards, including ethical requirements and model and meet expectations of these in all aspects of work. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Identify the scope, sectors and responsibilities of the industry LO2. Apply financial services industry guidelines, procedures and legislation LO3. Sustainability issues of the financial services industry LO4. Manage information LO5. Participate in and facilitate work team activities LO6. Plan work activities LO7. Develop and Maintain personal competency MODULE CONTENTS: LO1. Identify the scope, sectors and responsibilities of the industry (10hr) 1.1. Identifying external forces impacting the financial services industry 1.2. Identifying the main sectors of the financial services industry and their interrelationship 1.3. Identifying the roles and responsibilities of other participants LO2. Apply financial services industry guidelines, procedures and legislation (15hr) 2.1 Collecting and analyzing legislation, regulations and codes of practice 2.2 Clarifying and refining own work practice 2.2. Using ethical approach to workplace practice and decisions LO3. Identify and apply financial services industry guidelines, procedures and legislation (15hr) 3.1 Obtaining information on sustainability policies, strategies and impacts on industry 3.2 Identifying environmental sustainability 3.3. Incorporating triple bottom line principles to work planning LO4. Manage information (10hr) 4.1. Reading relevant documents and reports
o Page 10 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 4.2. Analyzing documents, reports, data and numerical calculations 4.3. Presenting information in a format appropriate for the audience LO5. Participate in and facilitate work team activities (10hr) 5.1. Providing feedback to team members 5.2. Encouraging team members 5.3. Ensuring own contribution to work team LO6. Plan work activities (10hr) 6.1. Determining tasks to be done and relevant conditions 6.2. Planning work 6.3. Making contributions to organization planning process 6.4. Adapting changes in technology and work organization LO7. Develop and maintain personal competency (10hr) 7.1. Identifying and reviewing professional development needs and goals 7.2. Clarifying and complying competency, authorization and licensing requirements 7.3. Seeking and completing professional development opportunities
o Page 11 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class Organize the class room seating discussion Prepare the lecture in Audio/video Arrange the class room seating to room seating arrangement to be accessible for Organize the class room seating arrangement be conducive for eye to eye arrangement to be wheelchairs users. to be accessible to trainees contact accessible to trainees Facilitate and support the Write short notes on the black/white board Make sure the luminosity of the Speak loudly trainees who have severe using large text light of class room is kept Ensure the attention impairments on their upper Make sure the luminosity of the light of class Introduce new and relevant of the trainees limbs to take note room is kept vocabularies Present the lecture in Provide Orientation on the Use normal tone of voice Use short and clear sentences video format physical feature of the work Encourage trainees to record the lecture in Give emphasis on visual lecture Ensure the attention shop audio format and ensure the attention of the of the trainees Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & Facilitate and support the Use verbal description Use video recorded material short method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support Provide tutorial Provide tutorial support (if necessary) support (if necessary (if necessary)
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the Introduce the trainees with their discussion group members Facilitate the integration of integration of trainees peers Conduct close follow up trainees with group members with group members Introduce the trainees with other group Conduct close follow up Conduct close follow member Introduce the trainees with other up Brief the thematic issues of the work group member Introduce the trainees with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow Assign peer trainees Provide tutorial support if necessary guidance up and guidance Use additional nominal hours if provide special attention in the process Provide tutorial support if Provide tutorial necessary necessary support if necessary provide special attention in the provide special process/practical training attention in the Introduce new and relevant process/ practical vocabularies training prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual Facilitate the trainees to prepare and submit recorded material the assignment in soft or hard copy
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO1. Identify the scope, sectors and responsibilities of the industry External forces impacting on the financial services industry are identified and considered in carrying out activities
The main sectors of the financial services industry and the interrelationship between sectors are identified and considered in carrying out activities The roles and responsibilities of other participants in the financial services industry are identified and considered in carrying out activities LO2. Apply financial services industry guidelines, procedures and legislation Information on relevant legislation, regulations and codes of practice is collected, analyzed and effectively applied to the job role
Own work practice is clarified and regularly refined in light of relevant legislation, regulations and codes of practice and organization policies, guidelines and procedures Relevant codes of practice are used to guide an ethical approach to workplace practice and decisions LO3. Sustainability issues of the financial services industry Information on sustainability policies, strategies and impacts on industry is obtained from a range of sources and analyzed
Environmental sustainability is identified as an integral part of business planning
and promoted as a business opportunity Work planning is made to incorporate and support triple bottom line principles LO4. Manage information Relevant documents and reports that could impact on work effectiveness and compliance are read and understood, and any implications discussed with appropriate persons
Documents, reports, data and numerical calculations are analyzed, checked,
evaluated and organized to meet customer and organization requirements Information is presented in a format appropriate for the audience LO5. Participate in and facilitate work team activities
Feedback is provided to team members to encourage, value and reward
o Page 15 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV individual and team efforts and contributions
Team members are actively encouraged to participate in and take responsibility
for team activities and communication processes
The team support is given to identify and resolve problems which impede its performance Ensure own contribution to work team serves as a role model for others and enhances the organization’s image within the work group the organization and with clients/customers LO6. Plan work activities
Tasks to be done and relevant conditions are determined and work planned either for working autonomously or with others in a team environment
Work is planned for a given period managing resources, time and priorities
Contributions are made to organization planning process as required to achieve
service improvement Changes in technology and work organization are adapted to in a timely manner LO7. Develop and Maintain personal competency
Professional development needs and goals are identified and reviewed on a
regular basis
Competency, authorization and licensing requirements are clarified and complied
with Professional development opportunities that reflect needs and goals are sought and completed in an agreed upon timeframe
o Page 16 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M01 0322 Module Title: Applying Principles of Professional Practice to Work in the financial services industry Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference books Banking & Corporate Financial Anne-Marie Mooney 2.1 Services Professional Practice Guide Cotter,2003 5 1:5 (Professional Practice Guides) B. Learning Facilities & Infrastructure 1. Lecture Room 7*8 m 1 1:25 2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 50 psc 3. Flip chart 585*810mm/25sheets 3 unit 4. Duster White board 2 unit D. Tools and Equipments 1. Laptop Toshiba icore5 1 For trainer 2. LCD projector Epison 1 1:25 3. White Board Unit 1
o Page 17 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 02 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance -Level IV
MODULE TITLE : Managing Overdue Customer Accounts MODULE CODE : LSA ACF4 M02 0322 NOMINAL DURATION: 60 Hours MODULE DESCRIPTION : This module covers the performance outcomes, skills and knowledge required to correctly initiate and complete the management of customer accounts which have outstanding payments. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Identify customers requiring collection activity LO2. Establish contact with customer and attempt to resolve outstanding payment matters LO3. Negotiate resolution of outstanding payments LO4. Agreement is monitored to ensure adherence MODULE CONTENTS: LO1. Identify customers requiring collection activity (20hr) 1.1. Monitoring overdue account reporting system 1.2. Accessing and recording relevant customer information 1.3. Reviewing overdue debtors LO2. Establish contact with customer and attempt to resolve outstanding payment matters (15hr) 2.1.Determining and confirming proposed communication 2.2.Establishing and communicating rapport 2.3.Advising purpose of contact LO3. Negotiate resolution of outstanding payments (15hr) 3.1. Advising debtors the possibility of legal action 3.2.Using appropriate techniques 3.3.Undertaking further action LO4. Agreement is monitored to ensure adherence (10hr) 4.1.Reviewing account 4.2.Addressing breaches of agreement 4.3.Referring outstanding payment matters
o Page 18 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class Organize the class room seating discussion Prepare the lecture in Audio/video Arrange the class room seating to room seating arrangement to be accessible for Organize the class room seating arrangement be conducive for eye to eye arrangement to be wheelchairs users. to be accessible to trainees contact accessible to trainees Facilitate and support the Write short notes on the black/white board Make sure the luminosity of the Speak loudly trainees who have severe using large text light of class room is kept Ensure the attention impairments on their upper Make sure the luminosity of the light of class Introduce new and relevant of the trainees limbs to take note room is kept vocabularies Present the lecture in Provide Orientation on the Use normal tone of voice Use short and clear sentences video format physical feature of the work Encourage trainees to record the lecture in Give emphasis on visual lecture Ensure the attention shop audio format and ensure the attention of the of the trainees Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & Facilitate and support the Use verbal description Use video recorded material short method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support Provide tutorial Provide tutorial support (if necessary) support (if necessary (if necessary)
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the Introduce the trainees with their discussion group members Facilitate the integration of integration of trainees peers Conduct close follow up trainees with group members with group members Introduce the trainees with other group Conduct close follow up Conduct close follow member Introduce the trainees with other up Brief the thematic issues of the work group member Introduce the trainees with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow Assign peer trainees Provide tutorial support if necessary guidance up and guidance Use additional nominal hours if provide special attention in the process Provide tutorial support if Provide tutorial necessary necessary support if necessary provide special attention in the provide special process/practical training attention in the Introduce new and relevant process/ practical vocabularies training prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual Facilitate the trainees to prepare and submit recorded material the assignment in soft or hard copy
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO.1 Identify customers requiring collection activity
Organisation overdue account reporting system is regularly monitored for possible
collection action Relevant customer information is accessed and records retrieved Overdue debtors are reviewed in accordance with organisation policy and procedures and relevant legislation LO.2 Establish contact with customer and attempt to resolve outstanding payment matters
Proposed communication with customer to collect outstanding payments is
determined and confirmed with authorised personnel in the organisation and the correct entity in the outstanding payment matter Rapport with the customer is established and all communication is in accordance with relevant legislation and company policy and procedures The purpose of contact is clearly and comprehensively advised to the organisation in accordance with legislative requirements LO.3 Negotiate resolution of outstanding payments Debtors are advised of the possibility of legal action and any other implications of not resolving outstanding payments Appropriate techniques are used to achieve resolution and the outcomes of negotiation are accurately recorded Further action to be undertaken in relation to outstanding payment matters is diarised LO.4 Review costing system integrity Account is regularly reviewed to ensure that payments are received in accordance with the negotiated arrangement Breaches of agreement are addressed in accordance with organisation policy and procedures and legislative requirements Outstanding payment matters are referred to appropriate personnel as required
o Page 22 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M02 0322 Module Title: Managing Overdue Customer Accounts Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books
2.1 Accounting Warren(2009),23rd ed. 5 1:5
B. Learning Facilities & Infrastructure
1. Lecture Room 7*8 m 1 1:25 2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 50 psc 3. Flip chart 585*810mm/25sheets 3 unit 4. Duster White board 2 unit D. Tools and Equipments 1. Laptop Toshiba icore5 1 For trainer 2. LCD projector Epison 1 1:25 3. White Board Unit 1
o Page 23 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 03 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Prepare Financial Statements for governmental and not for profit Entities (NFP) MODULE CODE: LSA ACF4 M03 0322 NOMINAL DURATION: 80 Hours
MODULE DESCRIPTION: This module covers the competence required to develop a range of commonly required financial reports for entities that has a statutory duty to file financial reports with government agencies and Regulatory.
LEARNING OUTCOMES At the end of the module the learner will be able to: LO1. Nature of Governmental and not-for profit organizations LO2. Accounting for governmental entities LO3. Accounting for governmental entities for Ethiopian method
MODULE CONTENTS: LO1. Nature of Governmental and not-for profit organizations (15hr) 1.1 Identifying characteristics of government and not for profit organizations (NFP) 1.2 Identifying and discussing growth and importance of NFPs sectors 1.3 Identifying accounting principles of governmental entities LO2. Accounting for governmental entities (40hr) 2.1 Identifying governmental funds 2.2 Identifying Proprietary funds 2.3 Identifying Fiduciary funds 2.4 Identifying, analyzing, and recording transactions 2.5 Preparing reports LO3. Accounting for governmental entities of Ethiopia (25hr) 3.1. Identifying and recording source of revenue and expenditure 3.2. Identifying, analyzing, and recording transactions 3.3. Preparing reports
o Page 24 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING METHODS: For None Reasonable Adjustment for Trainees with Disability (TWD) Impaired Trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture-discussion Provide large print text Assign sign language interpreter Organize the class Organize the class room Prepare the lecture in Audio/video Arrange the class room seating to be room seating seating arrangement to be Organize the class room seating conducive for eye to eye contact arrangement to be accessible for wheelchairs arrangement to be accessible to trainees Make sure the luminosity of the light accessible to trainees users. Write short notes on the black/white board of class room is kept Speak loudly Facilitate and support the using large text Introduce new and relevant Ensure the attention trainees who have severe Make sure the luminosity of the light of vocabularies of the trainees impairments on their upper class room is kept Use short and clear sentences Present the lecture in limbs to take note Use normal tone of voice Give emphasis on visual lecture and video format Provide Orientation on the Encourage trainees to record the lecture in ensure the attention of the trainees Ensure the attention physical feature of the work audio format Avoid movement during lecture time of the trainees shop Provide Orientation on the physical feature Present the lecture in video format of the work shop Summarize main points Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & Facilitate and support the Use verbal description Use video recorded material short method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support Provide tutorial Provide tutorial support (if necessary) support (if necessary (if necessary)
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group discussion Facilitate the integration of trainees with Use sign language interpreters Facilitate the Introduce the trainees with group members Facilitate the integration of trainees integration of trainees their peers Conduct close follow up with group members with group members Introduce the trainees with other group Conduct close follow up Conduct close follow member Introduce the trainees with other group up Brief the thematic issues of the work member Introduce the trainees with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and guidance Conduct close follow Assign peer trainees Provide tutorial support if necessary Provide tutorial support if necessary up and guidance Use additional nominal provide special attention in the process provide special attention in the Provide tutorial hours if necessary process/practical training support if necessary Introduce new and relevant provide special vocabularies attention in the process/ practical training prepare the assignment questions in large Use sign language interpreter Provide briefing Individual text Provide briefing /orientation on the /orientation on the assignment Encourage the trainees to prepare and assignment assignment submit the assignment in large texts Provide visual recorded material Provide visual Make available recorded assignment recorded material questions Facilitate the trainees to prepare and submit the assignment in soft or hard copy
ASSESSMENT METHODS:
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language an option for the trainees proper communication was interpreter if necessary having speech conducted with the trainee through challenges the service of the sign language interpreter Use short and clear questioning Time extension Written Prepare the exam in large texts Prepare the exam using short Prepare the exam using Use oral response as an test Use interview as an option if necessary sentences, multiple choices, True or short sentences, multiple option to give answer for Prepare the exam in audio format False, matching and short answers choices, True or False, trainees having severe Assign human reader Avoid essay writing matching and short answers upper limb impairment (if necessary) Time extension if necessary. Time extension for Time extension trainees having severe upper limb impairment
Demonstratio Brief the instruction or provide them in large Use sign language interpreter Provide activity based Provide activity based n/Observation text Brief on the instruction of the exam assessment assessment Time extension Provide activity-based/ practical Brief on the instruction of Conduct close follow up assessment method the exam Time extension Time extension Use loud voice Time extension
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO.1 Nature of Governmental and not-for profit organizations Distinguishing characteristics of government and not for profit organizations (NFP) are identified. Growth and importance of NFPs sectors are identified and discussed Accounting principles of governmental entities are identified LO.2 accounting for governmental entities Governmental funds are identified Proprietary funds are identified Fiduciary funds are identified Transactions are identified ,analyzed and recorded Reports are prepared following a clear and appropriate structure and format and to conform with organization requirements LO.3 Accounting for governmental entities for Ethiopian method source of revenue and expenditure for government organizations identified and recorded Transactions are identified ,analyzed and recorded Reports are prepared following a clear and appropriate structure and format and to conform with organization requirements
o Page 28 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M03 0322 Module Title: Prepare Financial Statements for governmental and not for profit Entities (NFP) Item Description/ Recommended Ratio Category/Item Quantity No. Specifications (Item: Learner) A. Learning Materials 1. TTLM Prepare by Teacher 1 1:25 2. Reference Books Introduction to Non-Profit Emerson O. Henke, 2.1. 5 1:5 Organization Accounting (2002) Leon E. and Hay, Accounting for Governmental and 2.2. 7thed Prentice Hall 5 1:5 Non-profit Entities Inc B. Learning Facilities & Infrastructure 1. Lecture Room 7*8 m 1 1:25
2. Library 12*15 m 1 1:25
3. Simulation room 6*7 m 1 1:25
C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 50 psc 3. Flip chart 585*810mm/25sheets 3 unit 4. Duster White board 2 unit D. Tools and Equipments 1. Laptop Toshiba icore5 1 For trainer 2. LCD projector Epison 1 1:25 3. White Board Unit 1
o Page 29 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 04 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance -Level IV
MODULE TITLE : Preparing Financial Reports based on international financial report Standard for Small and medium enterprise (IFRS- SME) MODULE CODE : LSA ACF4 M04 0322 NOMINAL DURATION: 150 Hours MODULE DESCRIPTION: This module covers the knowledge, skills and attitudes required to record general journal adjustment entries and to prepare end of period financial reports based on IFRS. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Maintain asset register LO2. Record general journal entries for balance day adjustments LO3. Prepare final general ledger accounts LO4. Prepare end of period financial reports MODULE CONTENTS: LO1. Maintain asset register (15hr) 1.1. Preparing a register of property, plant and equipment 1.2. Determining method of calculating depreciation 1.3. Maintaining asset register and associated depreciation schedule LO2. Record general journal entries for balance day adjustments (30hr) 2.1.Recording depreciation and disposal of fixed assets 2.2.Adjusting expense and revenue accounts for prepayments and accruals 2.3.Recording bad and doubtful debts 2.4.Adjusting ledger accounts for inventories and transfer to final accounts LO3. Prepare final general ledger accounts (25hr) 3.1.Entering general journal entries for balance day adjustment 3.2.Posting revenue and expense account balances 3.3.Preparing final general ledger accounts LO4. Prepare end of period financial reports (80hr) 4.1.Introducing IFRS 4.2.Preparing first time adoption of IFRS 4.3.Applying IFRS/IAS Standards for SME 4.4.Applying IFRS principles 4.5.Preparing revenue statement 4.6.Preparing balance sheet 4.7.Identifying and correcting errors
o Page 30 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class Organize the class room seating discussion Prepare the lecture in Audio/video Arrange the class room seating to room seating arrangement to be accessible for Organize the class room seating arrangement be conducive for eye to eye arrangement to be wheelchairs users. to be accessible to trainees contact accessible to trainees Facilitate and support the Write short notes on the black/white board Make sure the luminosity of the Speak loudly trainees who have severe using large text light of class room is kept Ensure the attention impairments on their upper Make sure the luminosity of the light of class Introduce new and relevant of the trainees limbs to take note room is kept vocabularies Present the lecture in Provide Orientation on the Use normal tone of voice Use short and clear sentences video format physical feature of the work Encourage trainees to record the lecture in Give emphasis on visual lecture Ensure the attention shop audio format and ensure the attention of the of the trainees Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & Facilitate and support the Use verbal description Use video recorded material short method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support Provide tutorial Provide tutorial support (if necessary) support (if necessary (if necessary)
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the Introduce the trainees with their discussion group members Facilitate the integration of integration of trainees peers Conduct close follow up trainees with group members with group members Introduce the trainees with other group Conduct close follow up Conduct close follow member Introduce the trainees with other up Brief the thematic issues of the work group member Introduce the trainees with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow Assign peer trainees Provide tutorial support if necessary guidance up and guidance Use additional nominal hours if provide special attention in the process Provide tutorial support if Provide tutorial necessary necessary support if necessary provide special attention in the provide special process/practical training attention in the Introduce new and relevant process/ practical vocabularies training prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual Facilitate the trainees to prepare and submit recorded material the assignment in soft or hard copy
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO.1 Maintain asset register
A register of property, plant and equipment is prepared from fixed asset transactions in accordance with organizational policy and procedures Method of calculating depreciation is determined in accordance with organizational requirements Asset register and associated depreciation schedule are maintained in accordance with organizational policy, procedures and accounting requirements LO.2 Record general journal entries for balance day adjustments
Depreciation of non-current assets and disposal of fixed assets are recorded in
accordance with organizational policy, procedures and accounting requirements Expense accounts and revenue accounts are adjusted for prepayments and accruals Bad and doubtful debts are recorded in accordance with organizational policy, procedures and accounting requirements Ledger accounts are adjusted for inventories, if required, and transfer to final accounts
LO.3 Prepare final general ledger accounts
General journal entries are entered for balance day adjustments in general ledger system in accordance with organizational policy, procedures and accounting requirements Revenue and expense account balances are posted to final general ledger accounts system Final general ledger accounts are prepared to reflect gross and net profits for reporting period LO.4 Prepare end of period financial reports Revenue statement is prepared in accordance with organizational requirements to reflect operating profit for reporting period Balance sheet is prepared to reflect financial position of business at end of reporting period Errors are identified and corrected, or referred for resolution in accordance with organizational policy and procedures
o Page 34 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M04 0322 Module Title: Prepare Financial Statements for based on international financial report Standard for Small and medium enterprise (IFRS- SME) Item Description/ Recommended Ratio Category/Item Quantity No. Specifications (Item: Learner) A. Learning Materials 1. TTLM Prepare by Teacher 1 1:25 2. Reference Books Kieso,Weygandt Intermediate accounting: IFRS 2.1. &Warfield, 2nd 5 1:5 edition edition B. Learning Facilities & Infrastructure 1. Lecture Room 7*8 m 1 1:25
2. Library 12*15 m 1 1:25
3. Simulation room 6*7 m 1 1:25
C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 50 psc 3. Flip chart 585*810mm/25sheets 3 unit 4. Duster White board 2 unit D. Tools and Equipments 1. Laptop Toshiba icore5 1 For trainer 2. LCD projector Epison 1 1:25 3. Scientific Calculator Casio 5 1:5 4. White Board Unit 1
o Page 35 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 05 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Processing Business Tax Requirements MODULE CODE: LSA ACF4 M05 0322 NOMINAL DURATION: 70 Hours MODULE DESCRIPTION: This module covers the competence required to maintain taxation accounting records and process lodgments and returns in accordance with Ethiopian Revenues and customs Authority requirements, excluding income tax. Documentation for Business Activity Statements must be authorized by a registered agent. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Maintain accounting records for taxation purposes LO2. Establish and maintain a process for managing business tax returns LO3. Process business tax returns and lodgments MODULE CONTENTS: LO1. Maintain accounting records for taxation purposes (20hr) 1.1. Interpreting and accessing accounting system 1.2. Establishing and maintaining records 1.3. Complying specific taxation requirements LO2. Establish and maintain a process for managing business tax returns (25hr) 2.1. Establishing accounting system 2.2. Maintaining sufficient and current records 2.3. Meeting lodgment schedule requirements LO3. Process business tax returns and lodgments (25hr) 3.1. Identifying required returns and lodgments 3.2. Processing accounting data 3.3. Reviewing returns and lodgments
o Page 36 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class Organize the class room seating discussion Prepare the lecture in Audio/video Arrange the class room seating to room seating arrangement to be accessible for Organize the class room seating arrangement be conducive for eye to eye arrangement to be wheelchairs users. to be accessible to trainees contact accessible to trainees Facilitate and support the Write short notes on the black/white board Make sure the luminosity of the Speak loudly trainees who have severe using large text light of class room is kept Ensure the attention impairments on their upper Make sure the luminosity of the light of class Introduce new and relevant of the trainees limbs to take note room is kept vocabularies Present the lecture in Provide Orientation on the Use normal tone of voice Use short and clear sentences video format physical feature of the work Encourage trainees to record the lecture in Give emphasis on visual lecture Ensure the attention shop audio format and ensure the attention of the of the trainees Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & Facilitate and support the Use verbal description Use video recorded material short method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support Provide tutorial Provide tutorial support (if necessary) support (if necessary (if necessary)
o Page 37 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the Introduce the trainees with their discussion group members Facilitate the integration of integration of trainees peers Conduct close follow up trainees with group members with group members Introduce the trainees with other group Conduct close follow up Conduct close follow member Introduce the trainees with other up Brief the thematic issues of the work group member Introduce the trainees with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow Assign peer trainees Provide tutorial support if necessary guidance up and guidance Use additional nominal hours if provide special attention in the process Provide tutorial support if Provide tutorial necessary necessary support if necessary provide special attention in the provide special process/practical training attention in the Introduce new and relevant process/ practical vocabularies training prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual Facilitate the trainees to prepare and submit recorded material the assignment in soft or hard copy
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO.1 Maintain accounting records for taxation purposes The accounting system for taxation is accessed and correctly interpreted Adequate records are established and maintained to support the taxation accounting system Specific taxation requirements for business documents are complied LO.2 Establish and maintain a process for managing business tax returns An accounting system is established to manage taxation lodgments process Sufficient and current records are maintained to comply with lodgment requirements Lodgment schedule requirements are established and met LO.3 Prepare budgeted reports Required returns and lodgments are identified and used appropriately Accounting data is processed to comply with taxation reporting requirements Returns and lodgments are drafted for review by authorized personnel
o Page 40 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M05 0322 Module Title: Processing Business Tax Requirements Item Category/Item Description/ Quantity Recommended No. Specifications Ratio (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Ethiopian Tax Accounting: MisrakTesfaye 2.1 5 1:5 principles and Practice (2011)
2.2. Tax Accounting : In Ethiopian GebrieWorku. (2008) 5 1:5
Context 2.3. Federal Income Tax ProclamationNo. Proclamation. 979/2016 B. Learning Facilities & Infrastructure 1. Lecture Room 7*8 m 1 1:25 2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 50 psc 3. Flip chart 585*810mm/25sheets 3 unit 4. Duster White board 2 unit D. Tools and Equipments 1. Laptop Toshiba icore5 1 For trainer 2. LCD projector Epison 1 1:25 3. Scientific Calculator Casio 5 1:5 4. White Board Unit 1
o Page 41 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 06 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Developing and Using complex spreadsheets MODULE CODE: LSA ACF4 M06 0322 NOMINAL DURATION: 60 Hours MODULE DESCRIPTION: This module covers the competence required to use spreadsheet software to complete business tasks and to produce complex documents. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Prepare and develop spreadsheet LO2. Develop a linked spreadsheet solution LO3. Automate and standardize spreadsheet operation LO4. Use spreadsheets LO5. Represent numerical data in graphic form MODULE CONTENTS: LO1. Prepare and develop spreadsheet (15hr) 1.1. Organizing personal work environment based on ergonomic requirements 1.2. Analyzing and specifying task 1.3. Identifying organizational and task requirements 1.4. Applying organization strategies, energy and resource conservation techniques LO2. Develop a linked spreadsheet solution (20hr) 2.1.Utilizing spreadsheet design software functions and formula 2.2. Linking Spreadsheets 2.3. Formatting cell and assignining data attributes 2.4. Testing formula LO3. Automate and standardize spreadsheet operation (15hr) 3.1. Evaluating tasks 3.2. Creating using and editing macros 3.3. Developing editing and using templates LO4. Use spreadsheets (5hr) 4.1. Entering checking and amending data 4.2. Importing and exporting data between compatible spreadsheets
o Page 42 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 4.3. Using manuals, user documentation and online help 4.4. Previewing, adjusting and printing spreadsheets LO5. Represent numerical data in graphic form (5hr) 5.1. Determining style of graph 5.2. Creating graphs with labels and titles 5.3. Saving, viewing and printing graph
o Page 43 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class room Organize the class room discussion Prepare the lecture in Audio/video Arrange the class room seating seating arrangement to be seating arrangement to be Organize the class room seating arrangement to be conducive for eye to eye accessible to trainees accessible for wheelchairs to be accessible to trainees contact Speak loudly users. Write short notes on the black/white board Make sure the luminosity of the Ensure the attention of Facilitate and support the using large text light of class room is kept the trainees trainees who have severe Make sure the luminosity of the light of class Introduce new and relevant Present the lecture in impairments on their upper room is kept vocabularies video format limbs to take note Use normal tone of voice Use short and clear sentences Ensure the attention of Provide Orientation on the Encourage trainees to record the lecture in Give emphasis on visual lecture the trainees physical feature of the work audio format and ensure the attention of the shop Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & short Facilitate and support the Use verbal description Use video recorded material method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support provide tutorial support Provide tutorial support (if necessary) (if necessary) (if necessary
o Page 44 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the integration Introduce the trainees with discussion group members Facilitate the integration of of trainees with group their peers Conduct close follow up trainees with group members members Introduce the trainees with other group Conduct close follow up Conduct close follow up member Introduce the trainees with other Introduce the trainees Brief the thematic issues of the work group member with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow up Assign peer trainees Provide tutorial support if necessary guidance and guidance Use additional nominal hours provide special attention in the process Provide tutorial support if Provide tutorial support if necessary necessary if necessary provide special attention in the provide special attention process/practical training in the process/ practical Introduce new and relevant training vocabularies prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual recorded Facilitate the trainees to prepare and submit material the assignment in soft or hard copy
o Page 45 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO1. Prepare and develop spreadsheet Personal work environment is organized in accordance with ergonomic requirements Task is analyzed and specifications are determined for spreadsheets Organizational and task requirements are identified in relation to data entry, storage, output, reporting and presentation requirements Work organization strategies and energy and resource conservation techniques are applied to plan work activities LO2. Develop a linked spreadsheet solution
Spreadsheet design software functions and formula are utilized to meet
identified requirements Spreadsheets are linked in accordance with software procedures Cells are formatted and data attributes assigned with relative and/or absolute cell references are used, in accordance with the task specifications Formula is tested to confirm output meets task requirements LO3. Automate and standardize spreadsheet operation
Tasks are evaluated to identify those where automation would increase efficiency Macros are created, used and edited to fulfill the requirements of the task and automate spreadsheet operation Templates are developed, edited and used to ensure consistency of design and layout for forms and reports, in accordance with organizational requirements LO4. Use spreadsheets
Data is entered, checked and amended in accordance with organizational and task requirements Data between compatible spreadsheets is imported and exported and host documents are adjusted in accordance with software and system procedures Manuals, user documentation and online help are used to overcome problems with spreadsheet design and production Spreadsheet is previewed, adjusted and printed in accordance with organizational and task requirements Spreadsheet is named and stored in accordance with organizational requirements and exit the application without data loss or damage
o Page 47 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LO5. Represent numerical data in graphic form
Style of graph is determined to meet specified requirements and spreadsheet data is
manipulated if necessary to suit graph requirements
Graphs is created with labels and titles from numerical data contained in a spreadsheet file Graph is saved, viewed and printed within designated time lines
o Page 48 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M06 0322 Module Title: Developing and Using complex spreadsheets Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Business Information system an David Kroenke and 2.1 5 1:5 introduction Richard Hatch,1993 B. Learning Facilities & Infrastructure 1. Lecture Room 7*8 m 1 1:25 2. Library 12*15 m 1 1:25 3. Demonstration room 6*7 m 1 1:25 C. Consumable Materials 1. A4 paper Double A 3pack 3:25 2. Marker White board 50 pack
5. Flip chart 585*810mm/25sheets 3
6. Duster White board 2
D. Tools and Equipments 1. Desktop computer Del 720 25 1:1 2. Laptop Toshiba icore5 1 For trainer 3. LCD projector Epson 1 1:25 4. White Board Unit 1 5. Furniture & Fixture Unit 25 6. Divider Unit 10
o Page 49 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 07 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Setting up and Operating a Computerized Accounting System MODULE CODE: LSA ACF4 M07 0322 NOMINAL DURATION: 180 Hours MODULE DESCRIPTION: This module covers the competence required to modify and operate an integrated computerized accounting system. This is generally under supervision and encompasses processing transactions within the system, maintaining the system, producing reports and ensuring system integrity. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Implement an integrated accounting system LO2. Process transactions within the system LO3. Maintain the system LO4. Design and Produce Financial report LO5. Company administration MODULE CONTENTS: LO1. Implement an integrated accounting system (30hr) 1.1. Implementing general ledger, chart of accounts and subsidiary accounts 1.2. Creating Customers, suppliers and inventory system 1.3. Using technical help LO2. Process transactions within the system (60hr) 2.1.Coding and Classifying input data 2.2.Processing cash and credit transactions 2.3.Using general journal 2.3.1. Balance day adjustments 2.4.Reviewing and verifying system output regularly 2.5.Performing an end of financial year rollover LO3. Maintain the system (20hr) 3.1. Adding records of any new general ledger accounts, customer, supplier, inventory and fixed asset 3.2. Maintaining and updating an existing chart of accounts
o Page 50 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 3.3. Customizing the chart of accounts LO4. Design and Produce Financial report (45hr) 4.1. Generating reports of financial performance and position 4.2.Reconciling Subsidiary ledger with general ledger 4.3. Generating reports of bank statement LO5. Company administration (25hr) 5.1.Making regular back-ups of the system 5.2.Restoring data from back-ups 5.3.Maintaining record of processed transactions
o Page 51 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class room Organize the class room discussion Prepare the lecture in Audio/video Arrange the class room seating seating arrangement to be seating arrangement to be Organize the class room seating arrangement to be conducive for eye to eye accessible to trainees accessible for wheelchairs to be accessible to trainees contact Speak loudly users. Write short notes on the black/white board Make sure the luminosity of the Ensure the attention of Facilitate and support the using large text light of class room is kept the trainees trainees who have severe Make sure the luminosity of the light of class Introduce new and relevant Present the lecture in impairments on their upper room is kept vocabularies video format limbs to take note Use normal tone of voice Use short and clear sentences Ensure the attention of Provide Orientation on the Encourage trainees to record the lecture in Give emphasis on visual lecture the trainees physical feature of the work audio format and ensure the attention of the shop Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & short Facilitate and support the Use verbal description Use video recorded material method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support provide tutorial support Provide tutorial support (if necessary) (if necessary) (if necessary
o Page 52 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the integration Introduce the trainees with discussion group members Facilitate the integration of of trainees with group their peers Conduct close follow up trainees with group members members Introduce the trainees with other group Conduct close follow up Conduct close follow up member Introduce the trainees with other Introduce the trainees Brief the thematic issues of the work group member with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow up Assign peer trainees Provide tutorial support if necessary guidance and guidance Use additional nominal hours provide special attention in the process Provide tutorial support if Provide tutorial support if necessary necessary if necessary provide special attention in the provide special attention process/practical training in the process/ practical Introduce new and relevant training vocabularies prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual recorded Facilitate the trainees to prepare and submit material the assignment in soft or hard copy
o Page 53 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
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Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO.1 Implement an integrated accounting system
The general ledger, chart of accounts and subsidiary accounts are implemented in accordance with organizational requirements, procedures and policies
Customers, suppliers and inventory items are set up (create) in the system to meet organizational requirements and the reporting requirements of Goods and Services Tax
Appropriate technical help is used to solve any operational problems
LO.2 Establish and maintain a process for managing business tax returns
Input data is collected, coded and classified before processing
A wide range of cash and credit transactions are processed in both a service and trading environment
The general journal is used to make any balance day adjustments for prepayments and accruals
System output are regularly reviewed to verify the accuracy of data input and adjustments made for any detected processing errors
An end of financial year rollover is performed
LO.3 Prepare budgeted reports
Any new general ledger accounts, customer, supplier, inventory and fixed asset records are added as required
An existing chart of accounts, customer, supplier, inventory and fixed asset records and subsidiary accounts are maintained and updated The chart of accounts is customized to meet the reporting requirements of the organization LO4. Design and Produce Financial report Reports to indicate the financial performance and financial position of the organization and for Goods and Services Tax purposes are generated as required or requested
o Page 55 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Reports are generated to ensure that subsidiary ledgers and accounts reconcile with the general ledger
Reports, which ensure that the bank account reconciles with the bank statement, over at least two reporting periods are generated
LO5. Company administration
Regular back-ups of the system are made to ensure against loss or corruption of data Data are restored from back-ups in the event of loss or corruption of current data A secure record of all processed transactions is maintained for audit purposes
o Page 56 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M07 0322 Module Title: Setting up and Operating a Computerized Accounting System Item Category/Item Description/ Quantity Recommended No. Specifications Ratio (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Boockholdt, J.L. 2.1 Using Computers in Information Age 5 1:5 (1999),5th edt. Peachtree(2010), 2.2 Peachtree complete accounting Peachtree Software Inc. B. Learning Facilities & Infrastructure 1. Lecture Room 7*8 m 1 1:25 2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 5 pack
5. Flip chart 585*810mm/25sheets 3
6. Duster White board 2 pcs
D. Tools and Equipments 1. Desktop computer Del 720 25 1:1 2. Peachtree software (CD) Unit 2 3. Laptop Toshiba icore5 1 For trainer 4. LCD projector Epson 1 1:25 5. Furniture & fixture Unit 25 6. Divider Unit 10 7. White Board Unit 1 1:25
o Page 57 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 08 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance -Level IV
MODULE TITLE : Establishing and Maintaining Cash and Accrual Accounting System MODULE CODE : LSA ACF4 M08 0322 NOMINAL DURATION: 150 Hours MODULE DESCRIPTION: This module covers the competence required to establish and manage organizational procedures in arranging for and administering receipts and payments to establish and maintain a manual and computerized bookkeeping system on a cash and accrual basis. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Identify relevant information and establish a chart of accounts LO2. Analyse and verify source documents LO3. Process receipts and payments LO4. Set up and maintain a petty cash system LO5. Process and reconcile credit cards LO6. Manage bank reconciliations and prepare and produce reports LO7. Process invoices, adjustment notes and other general ledger transactions LO8. Manage contra entries LO9. Identify and process bad debts LO10. Manage debt recovery LO11. Prepare trial balance and Financial reports MODULE CONTENTS: LO1. Identify relevant information and establish a chart of accounts (15hr) 1.1. Consulting nature and type of business to undertake business activities 1.2. Identifying and examining existing materials 1.3. Examining business operations 1.4. Establishing Chart of accounts and opening balances 1.5. Validating and authorising chart of accounts and balances LO2. Analyse and verify source documents (5hr) 2.1.Verifying invoices and other source documents 2.2.Identifying and investigating discrepancies
o Page 58 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LO3. Process receipts and payments (30hr) 3.1.Receiving and banking money and making payment 3.2.Recording and coding receipts and payments on cash basis 3.3.Filing receipts and payments 3.4.Balancing cash register against purchases and takings LO4. Establish and replenish a petty cash system (15hr) 4.1.Preparing expenditure authorisation record 4.2.Reconciling and reimbursing expenditure LO5. Process and reconcile credit (10hr) 5.1.Processing credit card transactions 5.2.Processing credit card payments LO6. Manage bank reconciliations and prepare and produce reports (15hr) 6.1. Verifying receipts of statement and processed transactions 6.2. Processing and verifying bank entries 6.3. Reconciling bank statement 6.4. Producing and validating reports LO7. Process invoices, adjustment notes and other general ledger transactions (20hr) 7.1. Issuing invoices to debtors and allocating invoices to creditors 7.2. Receiving, processing and banking payments from debtors 7.3. Processing and Making payments to creditors 7.4. Raising and allocating adjustments 7.5. Raising credit notes and entering other transactions LO8. Manage contra entries (10hr) 8.1.Concept of Contacting relevant persons on contra deals 8.2.Completing reporting procedures and documentation LO9. Identify and process bad debts (10hr) 9.1.Verifying bad debt status 9.2.Completing reporting procedures and documentation LO10. Manage debt recovery (10hr) 101. Reviewing activities and communication with debtors 102.Undertaking measures to collect monies LO11. Prepare trial balance and Financial reports (10hr) 11.1. Producing and validating transactions reports
o Page 59 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 11.2.Producing reports and reconciling debtors and creditors 11.3.Producing and reporting trial balance
o Page 60 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class Organize the class room seating discussion Prepare the lecture in Audio/video Arrange the class room seating to room seating arrangement to be accessible for Organize the class room seating arrangement be conducive for eye to eye arrangement to be wheelchairs users. to be accessible to trainees contact accessible to trainees Facilitate and support the Write short notes on the black/white board Make sure the luminosity of the Speak loudly trainees who have severe using large text light of class room is kept Ensure the attention impairments on their upper Make sure the luminosity of the light of class Introduce new and relevant of the trainees limbs to take note room is kept vocabularies Present the lecture in Provide Orientation on the Use normal tone of voice Use short and clear sentences video format physical feature of the work Encourage trainees to record the lecture in Give emphasis on visual lecture Ensure the attention shop audio format and ensure the attention of the of the trainees Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & Facilitate and support the Use verbal description Use video recorded material short method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support Provide tutorial Provide tutorial support (if necessary) support (if necessary (if necessary)
o Page 61 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the Introduce the trainees with their discussion group members Facilitate the integration of integration of trainees peers Conduct close follow up trainees with group members with group members Introduce the trainees with other group Conduct close follow up Conduct close follow member Introduce the trainees with other up Brief the thematic issues of the work group member Introduce the trainees with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow Assign peer trainees Provide tutorial support if necessary guidance up and guidance Use additional nominal hours if provide special attention in the process Provide tutorial support if Provide tutorial necessary necessary support if necessary provide special attention in the provide special process/practical training attention in the Introduce new and relevant process/ practical vocabularies training prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual Facilitate the trainees to prepare and submit recorded material the assignment in soft or hard copy
o Page 62 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
o Page 63 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT CRITERIA: LO.1. Identify relevant information and establish a chart of accounts Business owner or manager is consulted to establish what business activities are undertaken, the nature of the entity and the industry type Existing material is identified and examined for relevance in creating and/or modifying the chart of accounts Business operations are examined in conjunction with the tax agent and business owner or manager to identify the accounting software required and to determine other relevant requirements Chart of accounts and opening balances for assets, liabilities, equity, income, cost of sales and expenses are established Chart of accounts and balances are validated and authorised by relevant persons LO.2 Analyse and verify source documents Invoices and other source documents are verified for accuracy and compliance with taxation requirements Discrepancies between monies owed and monies paid are identified and investigated according to organisational policies and procedures LO.3 Process receipts and payments Payments are made and money is received and banked Receipts and payments are coded and recorded in bookkeeping system on a cash basis Receipts and payments are filed Cash register is balanced against purchases and takings are processed in internal bookkeeping system LO.4 Set up and maintain a petty cash system An expenditure authorisation record is prepared and expenditure encoded, recorded and filed Expenditure is reconciled and reimbursed LO5. Process and reconcile credit cards Credit card transactions are processed against invoices and other source documents, verified and reconciled against credit card statements Credit card payments are processed in accordance with organisational policies and procedures LO6. Manage bank reconciliations and prepare and produce reports On receipt of statement, processed transactions are verified against the bank statement in a timely manner Bank entries are processed and verified and the bank statement reconciled to balance as per bookkeeping system o Page 64 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Reports are produced in line with the business needs and are validated in a timely manner with corrections made as required LO7. Process invoices, adjustment notes and other general ledger transactions Invoices to debtors are raised and invoices to creditors are allocated with source documents coded and processed Payments from debtors are received, processed and banked in accordance with organisational policies and procedures Payments to creditors are made and processed in accordance with organisational policies and procedures Adjustments are raised and allocated to correct invoices Credit notes are raised for adjustments to invoices and other transactions are entered into the general ledger LO8. Manage contra entries Relevant persons are contacted and liaised with to verify contra deals Reporting procedures and documentation for contra entries are completed in accordance with organisational policies and procedures and contra entries processed to update debtors, creditors and general ledgers LO9. Identify and process bad debts Bad debt status is verified through liaison with relevant persons and following attempts to work with debtors to clear debts Reporting procedures and appropriate documentation are completed in accordance with organisational policies and procedures and bad debts processed to update debtors and general ledgers LO10. Manage debt recovery Activities and communication with debtors are reviewed in conjunction with relevant persons, if applicable, to establish adequacy of follow-up Measures are undertaken to collect monies, including the initiation of legal action and the seeking of expert advice, in accordance with organisational policies and procedures LO11. Prepare trial balance and Financial reports
Reports are produced and transactions in report are validated
Debtors and creditors are reconciled and relevant reports are produced with any necessary corrections made Trial balance is produced and reports are presented and explained where necessary to relevant persons
o Page 65 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M08 0322 Module Title:Establishing and Maintaining Cash and Accrual Accounting System Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Financial accounting tools for Kimmel,Weygandt 2.1 5 1:5 business decisions and Kieso, 1998 2.2. Accounting Warren 2009,23 ed 5 1:5
B. Learning Facilities & Infrastructure 5 1:5
1. Lecture Room 7*8 m 1 1:25 2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 5 pack
3. Flip chart 585*810mm/25sheets 3
4. Duster Standard 2 pcs
D. Tools and Equipments 1. Laptop Toshiba icore5 1 For trainer 2. Scientific Calculator Unit 25 1:1 3. LCD projector Epson 1 1:25 4. White Board Unit 1
o Page 66 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 09 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Performing auditing and reporting MODULE CODE: LSA ACF4 M09 0322 NOMINAL DURATION: 70 Hours MODULE DESCRIPTION: This module covers the competence required to establish Audit in planning and implementing general standards of Auditing procedures. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Participate in planning an audit LO2. Participate in conducting an audit LO3. Report and follow up audit outcomes MODULE CONTENTS: LO1. Participate in planning an audit (20hr) 1.1. Identifying roles and responsibilities 1.2. Purpose and scope of audit 1.3. Identifying and locating resources LO2. Participate in conducting an audit (25hr) 2.1.Collecting information for audit plan 2.2.Analysing information 2.3.Reviewing Records 2.4.Observing compliance with the program 2.5.Identifying areas requiring corrective action
LO3. Report and follow up audit outcomes (25hr)
3.1.Identifying and reporting Situations 3.2.Preparing audit reports 3.3.Communicating results of audit 3.4. Developing corrective action plan
o Page 67 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class room Organize the class room discussion Prepare the lecture in Audio/video Arrange the class room seating seating arrangement to be seating arrangement to be Organize the class room seating arrangement to be conducive for eye to eye accessible to trainees accessible for wheelchairs to be accessible to trainees contact Speak loudly users. Write short notes on the black/white board Make sure the luminosity of the Ensure the attention of Facilitate and support the using large text light of class room is kept the trainees trainees who have severe Make sure the luminosity of the light of class Introduce new and relevant Present the lecture in impairments on their upper room is kept vocabularies video format limbs to take note Use normal tone of voice Use short and clear sentences Ensure the attention of Provide Orientation on the Encourage trainees to record the lecture in Give emphasis on visual lecture the trainees physical feature of the work audio format and ensure the attention of the shop Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & short Facilitate and support the Use verbal description Use video recorded material method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support provide tutorial support Provide tutorial support (if necessary) (if necessary) (if necessary
o Page 68 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the integration Introduce the trainees with discussion group members Facilitate the integration of of trainees with group their peers Conduct close follow up trainees with group members members Introduce the trainees with other group Conduct close follow up Conduct close follow up member Introduce the trainees with other Introduce the trainees Brief the thematic issues of the work group member with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow up Assign peer trainees Provide tutorial support if necessary guidance and guidance Use additional nominal hours provide special attention in the process Provide tutorial support if Provide tutorial support if necessary necessary if necessary provide special attention in the provide special attention process/practical training in the process/ practical Introduce new and relevant training vocabularies prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual recorded Facilitate the trainees to prepare and submit material the assignment in soft or hard copy
o Page 69 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
o Page 70 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASESSMENT CRITERIA: LO.1 Participate in planning an audit Roles and responsibilities for participating in the audit are identified based on work requirements. Purpose and scope of audit is identified according to plan. Information and resources required to conduct audit are identified and located based on work requirements. LO.2 Participate in conducting an audit
Information is collected that is adequate, representative and meets audit requirements
based on audit plan Information is analyzed to assess adequacy of performance against program based on principles. Records are reviewed to confirm compliance with program according to work procedure. Compliance with the program is observed within workplace. Areas requiring corrective action are identified based on work requirements.
LO.3 Report and follow up audit outcomes
Situations presenting an imminent and serious risk to program objectives are identified and reported in accordance with reporting requirements. Audit reports are prepared to address audit scope requirements based on results. Results of audit are communicated according to audit purpose and requirements A corrective action plan is developed based on work requirements
o Page 71 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M09 0322 Module Title: Performing auditing and reporting Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Gupta and Arora 2.1 Fundamentals of Auditing 5 1:5 (1996) Principles of Auditing An Hayes and 2.2. Introduction to International etal(2005), 2nd ed 5 1:5 Standards on Auditing
B. Learning Facilities & Infrastructure
1. Lecture Room 7*8 m 1 1:25
2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 5 pack
5. Flip chart 585*810mm/25sheets 3
6. Duster White board 2 pcs
D. Tools and Equipments 1. Laptop Toshiba icore5 1 For trainer 2. LCD projector Epson 1 1:25 3. White Board Unit 1
o Page 72 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 10 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Maintaining Inventory Records and valuation system MODULE CODE: LSA ACF4 M10 0322 NOMINAL DURATION: 100 Hours MODULE DESCRIPTION: This module covers the competence required to comply with organizational inventory procedures, reconcile inventory records to general ledgers, record inventory flows, prepare schedules and produce ad hoc reports. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Process inventory purchase LO2. Record inventory flows LO3. Reconcile inventory records to general ledgers LO4. Prepare inventory schedules and ad hoc reports MODULE CONTENTS: LO1. Process inventory purchase (20hr) 1.1. Recording inventory of purchase in subsidiary ledger 1.2. Maintaining periodic and perpetual records of inventory LO2. Record inventory flows (50hr) 2.1.Applying assumptions of inventory flow 2.2.Using valuation rules in inventory LO3. Reconcile inventory records to general ledgers (15hr) 3.1.Reconciling inventory records 3.2.Identifying and adjusting discrepancies LO4. Prepare inventory schedules and ad hoc reports (15hr) 3.5.Developing schedules of inventory turnover 3.6.Preparing spreadsheets and ad hoc reports
o Page 73 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class room Organize the class room discussion Prepare the lecture in Audio/video Arrange the class room seating seating arrangement to be seating arrangement to be Organize the class room seating arrangement to be conducive for eye to eye accessible to trainees accessible for wheelchairs to be accessible to trainees contact Speak loudly users. Write short notes on the black/white board Make sure the luminosity of the Ensure the attention of Facilitate and support the using large text light of class room is kept the trainees trainees who have severe Make sure the luminosity of the light of class Introduce new and relevant Present the lecture in impairments on their upper room is kept vocabularies video format limbs to take note Use normal tone of voice Use short and clear sentences Ensure the attention of Provide Orientation on the Encourage trainees to record the lecture in Give emphasis on visual lecture the trainees physical feature of the work audio format and ensure the attention of the shop Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & short Facilitate and support the Use verbal description Use video recorded material method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support provide tutorial support Provide tutorial support (if necessary) (if necessary) (if necessary
o Page 74 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the integration Introduce the trainees with discussion group members Facilitate the integration of of trainees with group their peers Conduct close follow up trainees with group members members Introduce the trainees with other group Conduct close follow up Conduct close follow up member Introduce the trainees with other Introduce the trainees Brief the thematic issues of the work group member with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow up Assign peer trainees Provide tutorial support if necessary guidance and guidance Use additional nominal hours provide special attention in the process Provide tutorial support if Provide tutorial support if necessary necessary if necessary provide special attention in the provide special attention process/practical training in the process/ practical Introduce new and relevant training vocabularies prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual recorded Facilitate the trainees to prepare and submit material the assignment in soft or hard copy
o Page 75 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
o Page 76 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASESSMENT CRITERIA: LO.1 Process inventory purchase
Purchase of inventory is recorded from appropriate documentation in subsidiary
ledger Periodic and perpetual records of inventory are maintained
LO.2 Record inventory flows
Inventory flow assumptions are applied as appropriate
Inventory is valued using appropriate valuation rules
LO.3 Reconcile inventory records to general ledgers
All inventory records to the accounts are reconciled in accordance with organization’s policies, procedures and practices
Discrepancies are identified and adjusted according to organization’s policies,
procedures and practices
LO4. Prepare inventory schedules and ad hoc reports
Schedules of inventory turnover and other procedures are developed and documented Spreadsheets and ad hoc reports reporting on inventory status are prepared as required or requested
o Page 77 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M10 0322 Module Title: Maintaining Inventory Records and valuation system Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Financial accounting tools for Kimmel, Weydandt 2.1 5 1:5 business decision making & Kieso,1998 2.2. Accounting Warren,2009,23 Ed 5 1:5
B. Learning Facilities & Infrastructure
1. Lecture Room 7*8 m 1 1:25
2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 5 pack
5. Flip chart 585*810mm/25sheets 3
6. Duster White board 2 pcs
D. Tools and Equipments 4. Laptop Toshiba icore5 1 For trainer 5. Scientific Calculator Casio 25 1:1 6. LCD projector Epson 1 1:25 7. White Board Unit 1
o Page 78 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 11 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Producing Job order and Process Costing System MODULE CODE: LSA ACF4 M11 0322 NOMINAL DURATION: 150 Hours MODULE DESCRIPTION: This module covers the competence required to comply with organizational inventory procedures, reconcile inventory records to general ledgers, record inventory flows, prepare schedules and produce ad hoc reports. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Gather and record operating and cost data LO2. Produce cost reports LO3. Identify cost categories and nature LO4. Apply cost allocation basis LO5. Apply costing system LO6. Implement Cost control reduction system MODULE CONTENTS: LO1. Gather and record operating and cost data (5hr) 1.1. Extracting data from established systems 1.2. Coding, classifying and checking the data LO2. Produce cost reports (35hr) 2.1. Assigning costs to specified products and services 2.2.Reconciling the data 2.3.Seeking Cost information advice from sections of the organization 2.4.Making clear structure and format of budgets and reports 2.5.Identifying Variances against budget 2.6.Making error free reports LO3. Identify cost categories and nature (20hr) 3.1.Basic concepts of cost accounting 3.2.Classification of costs 3.3. Behaviors of Cost LO4. Apply cost allocation basis (40hr) 4.1. Methods for allocating costs
o Page 79 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV 4.2.Applying concept of service department costs 4.3.Identifying general approach to allocate costs 4.4.Applying concept of joint cost to allocate product cost 4.5.Applying concept of activity-based costing 4.6.Identifying design of costing systems 4.7.Calculating activity-based costs for cost objects LO5. Apply costing system (25hr) 5.1.Identifying and using Cost systems 5.2.Distinguishing process and job order costing 5.3.Identifying actual costing from normal costing 5.4.Identifying approaches to evaluate and implement LO6. Implement Cost control reduction system (25hr) 6.1.Identifying deference between cost control and cost reduction 6.2.Applying techniques of cost reduction 6.3.Identifying areas of cost reduction 6.4.Performing methods of reduction in unit cost production 6.5.Performing methods of increasing productivity 6.6.Identifying effects of budgeting and standard costing
o Page 80 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class room Organize the class room discussion Prepare the lecture in Audio/video Arrange the class room seating seating arrangement to be seating arrangement to be Organize the class room seating arrangement to be conducive for eye to eye accessible to trainees accessible for wheelchairs to be accessible to trainees contact Speak loudly users. Write short notes on the black/white board Make sure the luminosity of the Ensure the attention of Facilitate and support the using large text light of class room is kept the trainees trainees who have severe Make sure the luminosity of the light of class Introduce new and relevant Present the lecture in impairments on their upper room is kept vocabularies video format limbs to take note Use normal tone of voice Use short and clear sentences Ensure the attention of Provide Orientation on the Encourage trainees to record the lecture in Give emphasis on visual lecture the trainees physical feature of the work audio format and ensure the attention of the shop Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & short Facilitate and support the Use verbal description Use video recorded material method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support provide tutorial support Provide tutorial support (if necessary) (if necessary) (if necessary
o Page 81 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the integration Introduce the trainees with discussion group members Facilitate the integration of of trainees with group their peers Conduct close follow up trainees with group members members Introduce the trainees with other group Conduct close follow up Conduct close follow up member Introduce the trainees with other Introduce the trainees Brief the thematic issues of the work group member with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow up Assign peer trainees Provide tutorial support if necessary guidance and guidance Use additional nominal hours provide special attention in the process Provide tutorial support if Provide tutorial support if necessary necessary if necessary provide special attention in the provide special attention process/practical training in the process/ practical Introduce new and relevant training vocabularies prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual recorded Facilitate the trainees to prepare and submit material the assignment in soft or hard copy
o Page 82 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
o Page 83 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASESSMENT CRITERIA: LO.1 Gather and record operating and cost data
Data is extracted from established systems
Data is systematically coded, classified and checked for accuracy and reliability in accordance with organizational policies and procedures LO.2 Produce cost reports
Costs are assigned to specified products and services
Data is reconciled to ensure calculations are accurate and comply with organizational procedures
Cost information advice is sought from all sections of the organization when formulating budgets
Structure and format of budgets and reports are made clear and conformed to management information requirements
Variances are identified against budget
Reports are made error free, comprehensive and complied with management requirements and organizational practices LO.3 Identify cost categories and nature Basic cost accounting concepts and their application are known and performed Classification of costs are identified Cost behaviors are identified LO4. Apply cost allocation basis methods for allocating the central costs of an organization are identified The direct, step-down, and reciprocal allocation methods are applied to allocate service department costs to user departments The general approach to allocate costs is identified to products or services Physical units and relative-sales-value methods are applied to allocate joint costs to products Activity-based costing is applied to allocate costs to products or services. Steps involved in the design and implementation of activity-based costing systems are identified.
Activity-based costs for cost objects are calculated
o Page 84 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LO.5 Apply costing system
Cost systems used to determine product costs are identified
Process costing and job order costing are distinguished Actual costing is identified from normal costing Approaches are identified to evaluate and implement job and process costing systems LO6. Implement Cost control reduction system The deference between cost control and cost reduction is identified Techniques of cost reduction are applied Areas of cost reduction are identified Reduction in unit cost production and increasing productivity methods are performed to reduce costs Effects of budgeting and standard costing on cost control are identified.
o Page 85 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M11 0322 Module Title: Producing Job order and Process Costing System Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Cost and management accounting W.M. Harper 2.1 5 1:5 V-1&2 –management accounting Madhav V. Horngen’s cost accounting: 2.2. Rajan;Srikant M. 5 1:5 Managerial emphasis Datar,2021 17th ed.
B. Learning Facilities & Infrastructure
1. Lecture Room 7*8 m 1 1:25
2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 3 Desta 3:25 2. Marker White board 5 pack
5. Flip chart 585*810mm/25sheets 3
6. Duster White board 2 pcs
D. Tools and Equipments 8. Laptop Toshiba icore5 1 For trainer 9. Scientific Calculator Casio 25 1:1 10. LCD projector Epson 1 1:25 11. White Board Unit 1
o Page 86 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV LEARNING MODULE 12 Logo of TVET Provider
TVET-PROGRAMME TITLE: Accounting and Finance Level IV
MODULE TITLE: Providing Management Accounting Information MODULE CODE: LSA ACF4 M12 0322 NOMINAL DURATION: 130 Hours MODULE DESCRIPTION: This module covers the competence required to gather, record and analyze operating and cost data, prepare budget reports and review costing systems integrity to calculate and record the costs of products and services. LEARNING OUTCOMES At the end of the module the trainee will be able to: LO1. Gather and record operating and cost data LO2. Analyze data LO3. Prepare budgeted reports LO4. Review costing system integrity MODULE CONTENTS: LO1. Gather and record operating and cost data (20hr) 1.1. Identifying and establishing systems 1.2. Coding, classifying and checking LO2. Analyze data (30hr) 2.1.Assigning costs to specified products, services and organizational units 2.2.Interpreting and supporting of revenues and costs LO3. Prepare budgeted reports (60hr) 3.1.Seeking cost information advice 3.2.Structure and format of budgets and reports 3.3.Conforming Structure and format of budgets and reports to management information Requirements 3.4.Identifying and prioritizing variances against budget 3.5.Making reports error free LO4. Review costing system integrity (20hr) 4.1. Analyzing the variance between actual and applied overheads costs 4.2. Using variance analysis
o Page 87 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Learning Methods: For none Reasonable Adjustment for Trainees with Disability (TWD) impaired trainees Low Vision Deaf Hard of hearing Physical impairment
Lecture- Provide large print text Assign sign language interpreter Organize the class room Organize the class room discussion Prepare the lecture in Audio/video Arrange the class room seating seating arrangement to be seating arrangement to be Organize the class room seating arrangement to be conducive for eye to eye accessible to trainees accessible for wheelchairs to be accessible to trainees contact Speak loudly users. Write short notes on the black/white board Make sure the luminosity of the Ensure the attention of Facilitate and support the using large text light of class room is kept the trainees trainees who have severe Make sure the luminosity of the light of class Introduce new and relevant Present the lecture in impairments on their upper room is kept vocabularies video format limbs to take note Use normal tone of voice Use short and clear sentences Ensure the attention of Provide Orientation on the Encourage trainees to record the lecture in Give emphasis on visual lecture the trainees physical feature of the work audio format and ensure the attention of the shop Provide Orientation on the physical feature of trainees the work shop Avoid movement during lecture Summarize main points time Present the lecture in video format Summarize main points Demonstration Conduct close follow up use Sign language interpreter Illustrate in clear & short Facilitate and support the Use verbal description Use video recorded material method trainees having severe upper Provide special attention in the process of Ensure attention of the trainees Use Video recorded limbs impairment to operate guidance Provide structured training material equipments/ machines facilitate the support of peer trainees Show clear and short method Ensure the attention of Assign peer trainees to assist Prepare & use simulation Use gesture the trainees Conduct close follow up Provide tutorial support provide tutorial support Provide tutorial support (if necessary) (if necessary) (if necessary
o Page 88 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Group Facilitate the integration of trainees with Use sign language interpreters Facilitate the integration Introduce the trainees with discussion group members Facilitate the integration of of trainees with group their peers Conduct close follow up trainees with group members members Introduce the trainees with other group Conduct close follow up Conduct close follow up member Introduce the trainees with other Introduce the trainees Brief the thematic issues of the work group member with other group member Inform the group members to speak loudly Exercise Conduct close follow up and guidance Conduct close follow up and Conduct close follow up Assign peer trainees Provide tutorial support if necessary guidance and guidance Use additional nominal hours provide special attention in the process Provide tutorial support if Provide tutorial support if necessary necessary if necessary provide special attention in the provide special attention process/practical training in the process/ practical Introduce new and relevant training vocabularies prepare the assignment questions in large text Use sign language interpreter Provide briefing Individual Encourage the trainees to prepare and submit Provide briefing /orientation on /orientation on the assignment the assignment in large texts the assignment assignment Make available recorded assignment questions Provide visual recorded material Provide visual recorded Facilitate the trainees to prepare and submit material the assignment in soft or hard copy
o Page 89 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASSESSMENT METHODS: Interview Use sign language interpreter Speak loudly Use written response as Ensure or conform whether the Using sign language interpreter if an option for the trainees proper communication was necessary having speech conducted with the trainee challenges through the service of the sign language interpreter Use short and clear questioning Time extension Written test Prepare the exam in large texts Prepare the exam using short Prepare the exam using short sentences, Use oral response as an Use interview as an option if sentences, multiple choices, True multiple choices, true or false, matching option to give answer for necessary or False, matching and short and short answers if necessary. trainees having severe Prepare the exam in audio format answers upper limb impairment Assign human reader Avoid essay writing Time extension for (if necessary) Time extension trainees having severe Time extension upper limb impairment Demonstration/ Brief the instruction or provide Use sign language interpreter Provide activity based assessment Provide activity based Observation them in large text Brief on the instruction of the Brief on the instruction of the exam assessment Time extension exam Use loud voice Conduct close follow up Provide activity-based/ practical Time extension Time extension assessment method Time extension
o Page 90 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV ASESSMENT CRITERIA: LO.1 Gather and record operating and cost data Systems are identified and established to generate data Data are systematically coded, classified and checked for accuracy and reliability in accordance with organizational policies and procedures LO.2 Analyze data
Costs are assigned to specified products, services and organizational units and data is reconciled to ensure calculations are accurate and comply with organizational procedures Interpretation of revenues and costs is supported by valid analysis and is consistent with the organization's business performance objectives
LO.3 Prepare budgeted reports
Cost information advice is sought from all sections of the organization when formulating budgets Structure and format of budgets and reports are made clear and conformed to management information requirements Variances against budget are identified and prioritized for review and decision making Reports are made error free, comprehensive and complied with management requirements and organizational practices LO.4 Review costing system integrity
The variance between actual and applied overheads costs is analyzed
Variance analysis is used to review the effectiveness of the cost assignment process
o Page 91 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Annex: Resource Requirements Module code: LSA ACF4 M12 0322 Module Title: Providing Management Accounting Information Item Category/Item Description/ Quantity Recommended Ratio No. Specifications (Item: Trainee) A. Learning Materials 1. TTLM prepared by the trainer 25 1:1 2. Reference Books Garrison, Noreen & 2.1 Managerial accounting 5 1:5 Brewer 2021,17th ed. Cost and management accounting W.M. Harper 2.2. 5 1:5 V-1&2 –management accounting
B. Learning Facilities & Infrastructure
1. Lecture Room 7*8 m 1 1:25
2. Library 12*15 m 1 1:25 3. Simulation room 6*7 m 1 1:25 C. Consumable Materials 1. A4 Paper Double A 2 Desta 2:25 2. Marker White board 5 pack
5. Flip chart 585*810mm/25sheets 5
6. Duster White board 3 pcs
D. Tools and Equipments 12. Laptop Toshiba icore5 1 For trainer 13. Scientific Calculator Casio 25 1:1 14. LCD projector Epson 1 1:25 15. White Board Unit 1
o Page 92 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV Acknowledgement The Ministry of Labor and Skills wishes to thank and appreciation for the trainers who donated their effort and time to develop this outcome based curriculum for the TVET Program Accounting and Finance Level IV.
We also thank all regional Labor and Skill/TVET Bureaus, Ministry of labor and skills coordinators, all instructors who developed this curriculum for active facilitation of this curriculum development.
o Page 93 of 96 Author/Copyright : Version - I Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV The trainers who developed the curriculum No Name Qualification Educational Region College Mobile E-mail background number 1 Nigussie Berhanu Tolera MSc Accounting & Finance A.A. Nefas Silk Polytechnic 0912474301 [email protected] College 2 Aynabeba Zewdie Yeshaneh MA Vocational Education Oromia Sebeta Polytechnic 0911724881 [email protected] Management College om 3 Ashenafi Dembel Shimbeka MA Educational Leadership Jigjiga Jigjiga Polytechnic 0912070390 [email protected] and Management College 4 Negash Aragaw Mergia MA Accounting & Finance Oromia Adama Polytechnic 0911995130 [email protected] College
o Page 94 of 96 Author/Copyright : Version - I
Accounting and Finance Ministry of Labor and Skills March, 2022 Level- IV
Aaron Geisler, an Infant Under the Age of Eighteen, Who Sues by His Parents, Guardians and Next Friends, Herbert A. Geisler and Cynthia A. Geisler and Herbert A. Geisler and Cynthia A. Geisler, Individually, Plaintiffs-Respondents v. Wyeth Laboratories, a Division of American Home Products Corporation, a Foreign Corporation, and Wyeth Laboratories, Inc., a Foreign Corporation, American Home Products Corporation, Defendants-Petitioners, 934 F.2d 326, 10th Cir. (1990)
