This qualification reflects professional accounting job roles in financial services and other industries. Individuals in these roles apply solutions to a range of often complex problems, and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and guidance to others within defined guidelines.
Licensing/Regulatory InformationWork functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Australian taxation law and commercial law. Persons seeking registration with the TPB should check current registration requirements with the Board.
Entry/ Admission Requirements
There are no entry requirements for this qualification according to the training package however, applicant will be required to successfully complete an ACSF language, literacy and numeracy (LLN) assessment.
Learning at Level 4, Reading at Level 4, writing at level 4, and Communication at Level 3 and Numeracy at Level 4.
We allow up to 12 months to complete this course, although your actual completion time may be less depending on prior experience and Education related to the Industry.
Assessment methods may include:
- Knowledge Test
- Skill Test
- Case Study
- Role play
This course has been endorsed by the Australian National Training Authority and is registered on the Scope of Registration for Skill Solutions RTO number 22185.
This course is also accepted by the peak bodies in the finance industry and is also accepted by Australian Securities Investment Commission (ASIC) as the entry education requirement for Mortgage Brokers.
Individuals with disabilities are encouraged to apply
This training may be delivered with Victorian and Commonwealth government funding
- Total number of units = 11
- 6 core units plus
- 5 elective units
The elective units must be relevant to the work outcome and meet local industry needs.
|Core||FNSACC501||Provide financial and business performance information||60|
|FNSACC502||Prepare tax documentation for individuals||80|
|FNSACC503||Manage budgets and forecasts||40|
|FNSACC504||Prepare financial reports for corporate entities||70|
|FNSACC506||Implement and maintain internal control procedures||40|
|FNSACC507||Provide management accounting information||60|
|Elective||BSBFIA401||Prepare financial reports||50|
|BSBITU402||Develop and use complex spreadsheets||50|
|FNSACC301||Process financial transactions and extract interim reports||60|
|FNSACC505||Establish and maintain accounting information systems||50|
|FNSACC601||Prepare and administer tax documentation for legal entities||80|
*Note the following prerequisite unit requirements:
|Unit in this qualification||Prerequisite unit|
|FNSACC504 Prepare financial reports for corporate entities||BSBFIA401 Prepare financial reports|
|FNSACC601 Prepare and administer tax documentation for legal entities||FNSACC301 Process financial transactions and extract interim reports|
** Units included in the Tax Practitioners Board approved course in Australian taxation law:
FNSSS00008 Taxation law for tax agents Skill Set (Tax documentation) – FNSACC502 and FNSACC601
*** Units included in the Tax Practitioners Board approved course in commercial law: FNSSS00005 Commercial law for tax agent Skill Set