SITHACS007 Conduct night audit

Release: 1

SITHACS007 Conduct night audit

Modification History

Not applicable.

Application

This unit describes the performance outcomes, skills and knowledge required to check and reconcile daily financial transactions and records, and produce reports relating to commercial accommodation establishment trading and revenue.

The unit applies to all types of commercial accommodation, and to reception personnel or night auditors who check financial transactions during periods of minimal customer activity at the front desk. They work within established procedures and systems under some supervision, but the problem-solving nature of this activity means they apply some discretion and judgment.

In many establishments, the night audit function is now automated and runs throughout the day.

No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.

Pre-requisite Unit

Nil

Competency Field

Accommodation Services

Unit Sector

Hospitality

Elements and Performance Criteria

ELEMENTS	PERFORMANCE CRITERIA
Elements describe the essential outcomes.	Performance criteria describe the performance needed to demonstrate achievement of the element.
1. Review financial transactions.	1.1.Check that transactions comply with organisational procedures. 1.2.Check that balances prepared by others are accurate and comply with organisational procedures. 1.3.Identify financial and system discrepancies and resolve according to level of responsibility. 1.4.Implement financial systems and financial control systems according to organisational procedures. 1.5.Monitor systems and provide feedback to appropriate management.
2. Complete routine records and reports.	2.1.Complete routine records and reports accurately within designated timelines. 2.2.Process end or close of day trading and reports. 2.3.Forward reports to appropriate colleagues or department. 2.4.Reduce waste by minimising use of printed materials.

Foundation Skills

Foundation skills essential to performance in this unit, but not explicit in the performance criteria are listed here, along with a brief context statement.
SKILLS	DESCRIPTION
Reading skills to:	interpret detailed information about service charges.
Numeracy skills to:	work with large amounts of numerical data reconcile individual and whole operating period transactions.
Problem-solving skills to:	work through potentially complex financial transactions to identify and rectify variances and discrepancies.
Technology skills to:	work with accounting or front office software.
Planning and organising skills to:	prioritise reporting duties to allow for timely provision to appropriate colleagues or department.

Unit Mapping Information

SITHACS302 Conduct night audit

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=68c40a93-e51d-4e0f-bc06-899dff092694