Type of institution: Registered Training Organisation Level: Pre-degree CRICOS: 00956C
This qualification reflects the role of individuals working in accounting and seeking professional recognition, including tax agents, accounts managers and business analysts; and to employees performing a range of accounts management tasks for organisations in a range of industries. At this level individuals are expected to apply theoretical and technical skills in a range of situations and to display initiative and judgement in planning activities. They have autonomy in performing complex operations and can be responsible for planning, coordinating and evaluating the work of others within broad but generally well-defined parameters.Licensing/Regulatory InformationWork 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 Australian 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.
Structure
14 units: 3 core
11 elective
Subjects
Monitor corporate governance activities
Develop and implement financial strategies
Prepare and administer tax documentation for legal entities
Evaluate financial risk
Process financial transactions and extract interim reports
Comply with financial services regulation and industry codes of practice
Implement organisational improvement programs
Apply legal principles in contract and consumer law
Apply legal principles in corporations and trust law
Conduct internal audit
Develop and manage financial systems
Apply economic principles to work in the financial services industry
Evaluate organisation's financial performance
Determine and manage risk exposure strategies
Identify situations requiring complex ethical decision making
Implement reconstruction plan
Apply ethical frameworks and principles to make and act upon decisions
Prepare and analyse management accounting information
Interpret and use financial statistics and tools
Implement an insolvency program
Apply legal principles in property law
Prepare complex corporate financial reports
Audit and report on financial systems and records
Implement tax plans and evaluate tax obligations
Standard entry requirements
Completion of both FNSSS00014 Accounting Principles Skill Set and FNSSS00015 Advanced Accounting Principles Skill Set;ORCompletion of FNS50215 Diploma of Accounting;ORCompletion of FNS50217 Diploma of Accounting.