This qualification reflects professional accounting job roles in financial services and other industries, including tax agents, accounts payable and accounts receivable officers, payroll service providers, and employees performing a range of accounting tasks for organisations in a range of 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 provide guidance to others within defined guidelines.
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on requirements.
This qualification includes units that comprise an approved Tax Practitioner Board (TPB) course in Aus- tralian taxation law and commercial law, which are relevant for registration as a tax agent. Persons seeking registration with the TPB should check current registration requirements with the TPB, as registration requirements are reviewed regularly.
46 Weeks (34 weeks of tuition and a maximum of 12 weeks holiday breaks)
Pathways into the qualification
FNS40615 Certificate IV in Accounting
FNS40215 Certificate IV in Bookkeeping
FNS40217 Certificate IV in Accounting and bookkeeping.
Pathways from the qualification
FNS60217 Advanced Diploma of Accounting
Possible job roles relevant to this qualification include:
The mode of study includes:
Assessment methods include written tests, projects, and observations.
A learner may be able to apply for RPL if they have gained competency from work, other programs, courses, life experience or training provided at work that is relevant to the course. The College recognises the AQF qualifications and statements of attainment issued by other registered training organisations.
Pre-requisite units for this qualification are:
|FNSACC511||Provide financial and business performance information||CORE UNITS|
|FNSACC512||Prepare tax documentation for individuals**||CORE UNITS|
|FNSACC513||Manage budgets and forecasts||CORE UNITS|
|FNSACC514||Prepare financial reports for corporate entities*||CORE UNITS|
|FNSACC516||Implement and maintain internal control procedures||CORE UNITS|
|FNSACC517||Provide Management Accounting information||CORE UNITS|
|BSBITU402||Develop and use complex spreadsheets||ELECTIVE UNITS|
|BSBWOR501||Manage personal work priorities and professional development||ELECTIVE UNITS|
|FNSACC505||Establish and maintain accounting information systems||ELECTIVE UNIT|
|FNSFMK505||Comply with financial services legislation and industry codes of practice||ELECTIVE UNIT|
|FNSINC601||Apply economic principles to work in the financial services industry||ELECTIVE UNIT|
Elective units have been selected by the College in consultation with industry experts.
*Note the following prerequisite unit requirements:
|Unit in this qualification||Prerequisite units|
|FNSACC514 Prepare financial reports for corporate entities||BSBFIA401 Prepare financial reports
FNSACC311 Process financial transactions and extract interim re- ports
** Unit included in the Tax Practitioners Board approved course in Australian taxation law: FNSSS00008 Taxation Law for Tax Agents Skill Set (Tax documentation).
|Training Product Status||Superseded|
|Training Product Release Date||4 November 2020|