Assessment Information The Assessment Task 3 of 3 (BAS preparation and lodgement) for FNSTPB401 Complete business activity and instalment activity statements are included in this Student Assessment...

Assessment Information

TheAssessment Task 3 of 3 (BAS preparation and lodgement)forFNSTPB401 Complete business activity and instalment activity statements

are included in this Student Assessment Tasks booklet and outlined in the assessment plan below.

To be assessed as competent for this unit, the student must complete all of the assessment tasks satisfactorily.

Assessment Plan

Assessment Preparation

Please read through this assessment thoroughly before beginning any tasks. Ask your assessor for clarification if you have any questions at all.

When you have read and understood this unit’s assessment tasks, print out theStudent Assessment Agreement.Fill it out, sign it, and hand it to your assessor, who will countersign it and then keep it on file.

Keep a copy of all of your work, as the work submitted to your assessor will not be returned to you.

Assessment appeals

If you do not agree with an assessment decision, you can make an assessment appeal as per your RTO’s assessment appeals process.

Students have the right to appeal the outcome of assessment decisions if they feel they have been dealt with unfairly or have other appropriate grounds for an appeal.

Additional Resources

The following resources will be given to you before you begin Assessment Task 3.

·
BAS Calculations Student

·
BAS Data

·
BAS Form Student

·
BAS Worksheet Student

Assessment Instructions

Each assessment task in this booklet consists of the following:

Assessment Task Information

This gives you:

· a summary of the assessment task

· information on the resources to be used

· submission requirements

· re-submission opportunities if required

Assessment Task Instructions

These give questions to answer or tasks which are to be completed.

Your answers need to be typed up using software as indicated in the Assessment Task Instructions.

Copy and paste each task’s instructions into a new document and use this as the basis for your assessment task submission. Include this document’s header and footer.

If you are submitting electronically, give the document a file name that includes the unit identification number, the task number, your name and the date.

Assessment Task 3 of 3 (BAS summary report)

Task summary

This assessment task requires you to meet with Bob, the owner of the Bobs Clothing Supplies to discuss the preparation of Bob’s BAS/IAS for the quarter to be reported on.

Required

· Computer and Microsoft Office

· Access to the internet for research

· Printer

· BAS Data

· BAS Worksheet

· BAS Form Student

· BAS Calculations Student

Submit

· Email to Bob (your assessor) asking for a meeting

· Email to Bob with your completed BAS worksheet and profit and loss statement

· Hard copy of the BAS Worksheet and BAS

Assessment criteria

Students must complete all of the activities listed and will be assessed against the assessment criteria included in the checklist included with this task.

Re-submission opportunities

Students will be provided feedback on their performance by their Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task.

If any parts of the task are not satisfactorily completed your assessor will explain why and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date.

Students have the right to appeal the outcome of assessment decisions if they feel they have been dealt with unfairly or have other appropriate grounds for an appeal.

Students are encouraged to consult with their assessor prior to attempting this task if they do not understand any part of this task or if they have any learning issues or needs that may hinder them when attempting any part of the assessment.

Assessment Task 3 Instructions

Carefully read the following:

Complete the following activities:

Begin

Question 1.

Make an appointment with your

Review the contents of the BAS Data document, ensuring that all relevant data is included. When you are ready for the meeting, send your assessor an email, addressing them as Bob, and ask for an appointment. The meeting should take no more than fifteen minutes.

Plan for the meeting by rehearsing a short explanation of the BAS reporting system for Bob. Include a short summary of the relevant legislation, including who is permitted to fill out and lodge BAS forms.

You should also be able to recommended processes that would ensure sufficient funds are set aside for BAS payment.

Bob may ask you some questions that are outside the scope of the work that you can perform. You will have to know what the limits of what a BAS agent can offer, and how Bob could find someone who could advise him appropriately.

Question 2.

Meet with your

At the meeting with Bob, carefully explain the BAS lodgement process.

Discuss the BAS Data document, and how that data will be used to fill out the BAS statement. You can use the BAS Calculations Student to assist in this explanation if you wish.

During the meeting, you are required to demonstrate effective communication skills:

· Use of appropriate style (formal), tone (encouraging, respectful) and vocabulary (professional, business language) for the meeting

· Active listening skills

· Asking questions and listening to responses to clarify understanding

Question 3.

Following the meeting, complete the following documents:

o Complete the document BAS Calculations Student

· Develop an Excel profit and loss statement, and input Bob’s

Question 4.

Send the completed BAS worksheet and profit and loss statement to Bob (your assessor) as email The email text should seek Bob’s permission to lodge the BAS.

Question 5.

Lodge a BAS

When you have received electronic approval from Bob, print out the BAS Worksheet Student and the BAS Form Student. Fill these in with pencil or pen, and hand them in to your assessor. Note: the FBT adjustment figures are not included in the hard copy of the BAS Form.