VOCATIONAL EDUCATION AND TRAINING STANDARD FOR AN ACCOUNTANT AND CASHIER

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1 THE REPUBLIC OF LITHUANIA MINISTRY OF EDUCATION AND SCIENCE MINISTRY OF SOCIAL SECURITY AND LABOUR VOCATIONAL EDUCATION AND TRAINING STANDARD FOR AN ACCOUNTANT AND CASHIER Vocational education level 3 Vilnius, 2008

2 EUROPOS SĄJUNGA PROFESINIO MOKYMO METODIKOS CENTRAS Europos socialinis fondas ŠVIETIMO IR MOKSLO MINISTERIJA KURKIME ATEITĮ DRAUGE! Development of the Standard was financed by European Union and by the Republic of Lithuania under the Project No BPD2004-ESF /0156 Development of the System of VET Standards Development of the Standard was coordinated by the Methodological Centre for Vocational Education and Training Profesinio mokymo metodikos centras, 2008

3 APPROVED by Order No ISAK-1970/A1-279 of the Minister Education and Science of the Republic of Lithuania and of the Minister of Social Security and Labour of the Republic of Lithuania of 8 October, 2007 VOCATIONAL EDUCATION AND TRAINING STANDARD FOR AN ACCOUNTANT AND CASHIER I. DETAILS OF THE VET STANDARD 1. Vocational education level 3 rd. 2. State code S Qualification awarded accountant and cashier. 4. Basic education secondary. II. CONTENT OF THE VET STANDARD 5. Brief description of occupational activity: 5.1. The VET Standard for an accountant and cashier (hereinafter referred to as the Standard ) has been developed taking into account changes on the labour market, findings of the qualification study carried out by the Standards Development Working Group and based on the experience in other countries The Standard defines the minimum training requirements for an accountant and cashier for working in the following main activity areas: handling of assets, ownership, liability documents and payment for work ; handling of economic transactions in documents; organising the work with the cash register and performing cash register operations An accountant and cashier handles the company assets, ownership and liability documents, work and payment for work, handles initial documents, accepts and checks the goods received to the warehouse, registers economic transactions in registers, drafts documents for the archive. The accountant and cashier handles cash register documents, reports for a cashier work. When handling the company, the accountant and cashier is in accordance to the legal acts of the Republic of Lithuania An accountant and cashier is characterised by the following personal qualities: tightness, punctuality, dutifulness, honesty, personal responsibility, accurateness, self-confidence, flexibility. 6. The Objective of an accountant and cashier handle company documents and organise the work at the cash register. 7. An Accountant and cashier s activity areas and competencies are listed in Appendix 1 of the Standard. 8. The scope of an accountant and cashier s competencies, training objectives and comeptency assessment are provided in Appendix 2 of the Standard. 9. Successful work as an accountant and cashier requires the following general capabilities: 9.1. professional development; 9.2. mathematical literacy; 9.3. independence; 9.4. preciseness; 9.5. personal responsibility; 9.6. use of information technologies. 10. Final qualification assessment:

4 10.1. Qualification of a cashier is awarded to a pupil who has completed the whole training programme, acquired competencies defined in the Standard and has been given a positive final qualification evaluation In accordance with the comeptency assessment criteria listed in the Standard, the following is tested and evaluated: during the training process - all competencies defined in the Standard; during the final qualification assessment - selected competencies Organisation and performance of the final qualification assessment and issuance of documents is regulated by the Ministry of Education and Science of the Republic of Lithuania.

5 Appendix 1 to the VET Standard for an accountant and cashier AREAS OF ACTIVITY AND COMPETENCIES OF AN ACCOUNTANT AND CASHIER Areas of Activity 1. Document handling of assets, ownership, liabilities and payment for work 2. Handling of economic transactions in documents 3. Organisation of work at the cash register and performing cash register operations Competencies 1.1. Handling asset documents 1.2. Handling ownership and liability documents 1.3. Handling work and payment for work 1.4. Prepare documents for archiving 2.1. Filling in initial documents 2.2. Handling documents of the goods received 2.3. Registering economic transactions in documents 3.1. Accounting monetary assets in cash register 3.2. Accounting for a cashier work 3.3. Handling bank operations documents

6 Appendix 2 to the VET Standard for an Accountant and cashier RANGE OF ACCOUNTANT AND CASHIER S COMPETENCIES, TRAINING OBJECTIVES AND COMEPTENCY ASSESSMENT Activity Areas 1. Document handling of assets, ownership, liabilities and payment for work Description of Competencies Competencies Range of Competencies 1.1. Handling asset documents 1.2. Handling ownership and liability documents Classification of assets. Asset analytic. Calculating depreciation. Asset stock taking. Ownership structure. Classification of liabilities. Training Objectives Knowing the legal acts regulating initial and adhering to them Handling long-term assets analytic Handling short-term assets analytic Knowing stock value assessment methods and applying them Knowing assets stock-taking procedure Knowing ownership structure Handling shareholder Debt reconciliation Handling classification of Comeptency Assessment Defined nature of assets. Classified assets (according to the indicated situation). Explained asset analytic. Filled in long-term asset Described stock value assessment methods. Filled in short-term assets General economic principles defined. Depreciation calculated. The procedure of stock-taking explained. Ownership structure described. Shareholder

7 1.3. Handling work and payment for work deed. Settlement logbook. Payment for work regulating legal acts. Working time logbook. Payment for work forms. Accounting of tasks performed. Payment for work logbook. Accounting of the non-paid salary. liabilities Keeping track of company liabilities Knowing legal acts regulating work and payment for work and being able to apply them Calculating payment for work, drafting calculation, deduction and payment logbooks Handling analytic and synthetic payment for work and deductions related to it Knowing the procedure of registering non-paid payment for work Deduction of taxes Knowing labour resource, labour productivity and payment for work statistical requirements classification register filled in. Classification of liabilities explained. Debt reconciliation deeds and logbooks filled in. Legal acts regulating work and payment for work described. Payment for work forms described. Payment for work, holiday, leave benefit calculated. Tax deduction procedure explained; taxes deducted. Payment for work registration procedure explained. Work time logbook filled in, the documents of the carried out tasks, personal account, payment for work, logbook for a nonpaid salary documents handled. 1.4.Prepare Classification of Realising the classification of Grouped

8 2. Handling of economic transactions in documents documents for archiving documents according to the storage time. Storage time of Requirements for storage of Handing the documents over to the archive. documents according to the storage time Knowing the requirements for documents Knowing the procedure of handing over documents to the archive 2.1. Filling in initial documents Initial Details of Filling in initial Knowing the legal acts regulating document drafting Knowing document details Knowing the classification of documents Safely working with information technologies and other office equipment Knowing error correction requirements in documents Filling in initial documents 2.2. Handling documents of the goods received Goods accompanying Reconciliation of the goods received. Goods unconformity Knowing stock procedure and handling Validating stock purchase,, issuance (writing-off) operations deed Knowing the procedure and handling of goods return, writing- documents according to the time of storage. Described requirements for continuous, long-term and short-term storage of Formed files for archiving. Drafted description of formed files. Described legal acts regulating document drafting. Listed document details. Explained classification of Filled in initial Carried out task using information technologies. Explained and handling of material values. Validated stock purchase, and writing-off

9 3. Organisation of work at the cash register and performing cash register operations 2.3. Registering economic transactions in documents 3.1. Accounting of monetary assets in the cash register down, giving discounts Handling initial documents of goods received Register system. Filling in the registers Knowing the nature, structure and types of registers Realising the relation between the registers and initial documents Making records in registers Correcting mistakes in registers Documents regulating monetary assets. Cash. Contract of absolute material liability. Cash register Knowing legal acts regulating cash register operations and knowing how to apply them Realising functions of monetary assets Knowing the forms of material liability and being able to handle it Knowing the of cash operations. Defined the procedure of goods return, writing-down and giving discounts. Handled return of goods, writing-off, discounts given. Filled in initial documents of the goods received. Explained nature, structure and types of registers. Explained relation between the registers and initial Filled in records. Error correction methods explained. Errors in registers corrected. Described legal acts regulating cash operations. Described functions of monetary assets. Listed forms of

10 3.2. Accounting for a cashier work 3.3. Handling bank operations documents Filling in cash register register operations Handling cash register documents Legal acts regulating the work of a cashier. Cashbook. Filling in the cashbook Knowing the legal acts regulating the work of a cashier Knowing cashbook handling requirements Filling in the cashbook Knowing how to protect monetary assets Organising cash & bank operations. Cash & bank documents and their handling Realising the procedure of organising bank operations Realising the settlement procedure in foreign currency Knowing the documents used for bank transactions Filling in bank operations material liability. Filled in contract of absolute material liability. Described cash register operations. Listed cash register Filled in cash register documents in national and foreign currency. Described legal acts regulating the cashier s work. Defined structure of official provisions of a cashier. Listed requirements of handling the cashbook. Filed in cashbook. Explained protection of monetary assets. Described procedure of organising bank operations. Described procedure of making settlements in foreign

11 documents currency. Listed documents used for bank transactions. Filled in documents for bank operations.

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